Microsoft Corporation · Nasdaq: MSFT
How to buy Microsoft stock from Chile
On Skipo you invest in MSFTx, a tokenized version that tracks the price of Microsoft Corporation (Nasdaq: MSFT), with Chilean pesos, from CLP 1,000 and 24 hours a day, Monday to Friday.
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What does Microsoft do?
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Microsoft Corporation
Microsoft develops Windows, Microsoft 365 and the Azure cloud, among other software products and services.
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MSFTx on Skipo
MSFTx is a token issued by Backed Assets (JE) Limited that tracks the price of MSFT. You buy it from CLP 1,000 and can trade it 24 hours a day from Sunday 8 pm to Friday 8 pm (US Eastern time), also outside New York market hours. Trading is suspended on weekends.
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Dividends reinvested
If the underlying pays dividends, they are automatically reinvested in your balance of the same xStock.
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Pesos in, pesos out
You fund your account by bank transfer in Chilean pesos and, when you sell, withdraw pesos to your bank in Chile.
How to buy MSFTx on Skipo
- Download the Skipo app and verify your identity.
- Deposit Chilean pesos from your bank by transfer (from CLP 500).
- Search for MSFTx, enter the amount (from CLP 1,000) and check the price before confirming.
- Sell whenever you want and withdraw your pesos to your bank.
What you should know before investing
- MSFTx is not a share registered in your name: it is a token that tracks the price of MSFT. It does not give voting rights.
- The price of MSFT goes up and down, and so does MSFTx. You can lose part of what you invest; past performance does not predict future returns.
- Concentrating your savings in a single asset raises your risk. Invest only what you are prepared to risk.
- Read the full xStocks terms and conditions and the fees before investing.
Frequently asked questions
Yes. On Skipo you buy MSFTx, which tracks the price of MSFT, with Chilean pesos and from CLP 1,000.
It is an xStock: a blockchain token issued by Backed Assets (JE) Limited that is designed to track the price of Microsoft Corporation. According to its issuer, each token is backed by the underlying asset.
No. MSFTx trades under the 24/5 regime: from Sunday 8 pm to Friday 8 pm (US Eastern time). On weekends, and sometimes on US market holidays, trading is suspended: you cannot buy or sell, and the first price when it reopens can differ significantly from the last one before the close.
Fees for each trade are published on Skipo's fees page and shown in the app before you confirm.
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