Released today, the best stock brokers in the Philippines are listed here. They are the top online stock trading brokerage firms chosen by many investors in the country and worldwide who invest in the Philippine Stock Exchange.
As of April 2024, the total number of accredited brokers in the Philippine Stock Exchange are 122 but we have listed here the crème of the crop in terms of online trading platform. They are 36 online brokers at present.
Because we are in the modern world of internet and the web, it is very important we adopt this new fast technology offered by the online realm.
List of Online Stock Brokers in the Philippines in 2024
- A & A Securities, Inc.
- AAA Equities, Inc.
- AB Capital Securities, Inc.
- Abacus Securities Corp. (MyTrade)
- Alpha Securities Corp. (AlphaSec)
- AP Securities, Inc.
- BA Securities, Inc.
- BDO Securities
- BPI Securities Corp. (BPITrade)
- China Bank Securities Corp. (Chinabank Sec)
- Coherco Securities, Inc. (CohercoTrade)
- COL Financial Group, Inc.
- DA Market Securities, Inc. (iTrade)
- Eagle Equities, Inc.
- Eastern Securities Development Corp.
- First Metro Securities Brokerage Corp. (First Metro Sec)
- F. Yap Securities, Inc. (2TradeAsia)
- Globalinks Securities & Stocks, Inc. (GTrade)
- HDI Securities, Inc.
- Investors Securities, Inc. (Investors Online)
- JAKA Securities Corp.
- Landbank Securities, Inc.
- Lucky Securities, Inc.
- Luna Securities, Inc.
- Maybank Kim Eng (Maybank Trade)
- Meridian Securities, Inc. (MSiTrade)
- Mercantile Securities
- Optimum Securities Corp. (Optimum Online)
- Philstocks Financial, Inc. (Philstocks)
- RCBC Securities, Inc. (RCBC ezTrade)
- Regina Capital Development Corp.
- Timson Securities, Inc. (Timson Trade)
- Triton Securities Corp.
- Unicapital Securities, Inc. (uTrade)
- VC Securities Corp. (VC Trade)
- Wealth Securities Inc. (WealthSec)
All of these online stock brokers platforms are very safe and secure so investors don’t have to worry. They all use SSL and TSL Certificate used by major banks as well. They are all very reliable. Investors’ accounts are very well protected.
Most online brokers listed here charge the same commission of 0.25% on the total gross sales and purchase of shares of stock. The same fees are applied by each broker such as VAT of 12%, transaction fee of 0.005% and SCCP fee of 0.01%.
Some brokers provide mobile apps since we now use iOS and Android devices everywhere and every now and then. Besides, all businesses have apps nowadays unless they want to be left behind.
What does it say about the stock broker company? If a broker has available app for their online trading platform, they are ahead in the game. Accessibility is always important.
Top 5 Best Stock Brokers in the Philippines:
1. First Metro Sec Pro
The best stock broker in the Philippines right now which is generating great reviews is First Metro Sec (by Metrobank group). The upgraded version of First Metro Sec called First Metro Pro is the most advanced online trading platform in the Philippines.
I’m actually very impressed with its excellent features. First Metro Sec also offer Mutual Funds on their platform. There is no initial fund needed to open an account if you are a Metrobank client for the starter version of First Metro Sec.
2. COL Financial
COL Financial is this year’s top 2 online stock broker right now for its easy and user-friendly platform. COL Financial also offers mutual funds together with stocks, and REITs. Its former name was Citisec Online.
3. BDO Securities (former BDO Nomura)
BDO Securities is on the third spot of best stock brokers in the Philippines. What we like about BDO Securities is that you won’t need an initial fund to open an account if you’re a BDO account holder. BDO is known for their amazing market research and updates both for traders for like technical analysis and fundamental analysis.
4. BPI Trade
Another great online trading platform is BPITrade. Same with BDO, you don’t have to deposit money when you open an account if you already have a BPI bank account. This platform has been trading stocks for many years now.
5. Philstocks
Philstocks is another user-friendly interface in trading and investing stocks online. Grab a demo and you’ll know what I’m talking about. Loved by beginners and starters, Philstocks trading platform sure deserves to be on the top.
Top 10 Stock Brokers in the Philippines in Terms of Trades
as of April 3, 2024 (source PSE)
- Regis Partners, Inc.
- COL Financial Group
- CLSA Philippines
- Macquarie Capital Securities (Philippines)
- Maybank ATR KIM ENG Securities
- Mandarin Securities Corp.
- UBS Securities Philippines
- First Metro Securities Brokerage Corp.
- F. Yap Securities, Inc.
- Philippine Equity Partners, Inc.
Start to invest in the stock market now! Learn the easy and simple ways by going to our Stock Market Tutorials and Complete Guide
Disclaimer: This article is for information purposes only and should be taken as a trading advice. All investments have risks.
I tried using BDO Nomura. Their platform is not user friendly.
This listing needs updating. AVOID COL AT ALL COST if you don’t want to lose millions. Their website has been problematic and orders are delayed since end of last year up to present FOR EVERY SINGLE TRADING DAY so far. Totally useless and a lot of their customers are jumping ship to other brokers already. Don’t make the same mistake.
Correct.
System always crashing. Slow to not responding at all specially during the trading hrs.
First 2 months of trading/investing using FirstMetroSe, Utrade, Gcash Atram (MF), and COL
My priority was mobile experience and trading on the go. So:
-MetroSec has the best and simplified mobile experience so far. You’ll wonder what’s taking other broker’s that long to catch up
-COL has great and free intro workshops + extensive tools inside their desktop site but feels jurassic and outdated. 2 to 3 clicks just to view your portfolio
-Utrade Sends daily trading guidelines rin. I sent an email clarification and I get a call assistance in less than 30 mins! Utrade has a great functional mobile app but FMSC is 3x better.
-Have heard about BDO Nomura recently on the community and what I’ve heard is mapapamura ka daw when using it. haha.
I suggest starting with your Payroll Bank (BPI, BDO, or MetroBank) provider first para madali magtop up / load. Then consider moving to other platforms
First Metro Sec is the gold standard based on what I’ve seen so far
Then consider using other platforms.
Happy trading and keep your accounts safe!
I am a BDO Nomura customer, I don’t know why it is included in the Top 5 list?
It is really true “mapapaMURA” ka talaga. Madalas offline and under maintenance at ang bagal mag load ng platform.
where can I get the link of website of these brokers? yung top 5 huwag na ang Col hehe
Can you view trading in real time?
yes been using first metro sec for years at responsive ang call center nila at bukod dyan madali magtop up at updated.. basta may metrobank atm ka libre na ang withdrawal at top up … ayaw ko ng bpi trade, my trade at col financial hirap ng application process at gulo ng system nila
Hi! May I know what is your source for the top 5 online brokers?
Why COL is even on the list?
The system is always crashing, slow to not responding at all when trading hours.
Won’t allow you to place order right away.
And I have a experience a discrepancy not once on my account.
and when I report to Support I receive no response about it.
hi guys. i am new to all of these. but i started reading and viewing about PSE and investments. and i am interested. can you give me some advice. at kung anong online broker ang pipiliin ko na alam nyong maganda ang pag guide? salamat po.
I like using COL and First Metro Sec Pro. Read my brief review above
Hello po! I am interested to invest my money in stocks in peso but I don’t how. Where should I go, should I make an appointment to the broker to start.
Pls advice me? Thank you
Ms Fehl, can you help me… I want to invest… what is the smallest amount to begin…
hi ms fhel. are u still on stock market until now? is COL Financing is still on top? this is my first time to post here. I’ve read all the threads.. I want to invest. and i dont know what is the first thing to do.. tnx
Hi 🙂 As far as I know, COL is still the top. Recently, First Metro Sec Pro launched their upgraded version and it’s very amazing. For stock market guide, check this out: https://philpad.com/stock-market-tutorials-philippines-complete-guide/
Hello Ms. Fehl , I’d like to ask if which broker platform has Supertrends indicator? Thank you.
Hi. I’ve been to one of those brokers. And as of now, I’m on the look out for other brokers and compare them specially the services that they offer. Can I ask regarding the services that they offer and why they have been tagged as best brokers? Thank you very much!!!
is it okay to use BDO Nomura for long term investment?
Other brokers are good in marketing that is why they have number of clients. Compare COL to FirstMetro? I choose Firstmetro, unless if you choose 25K or 1M starting in COL then you can use all their tools. In FirstMetro even if you have 5K as initial or 5-day trial you can view and use all their tools; 5-year research and live graph.
Thank you for sharing about First Metro Sec. BDO Nomura also allows same features regardless of 25K or less initial fund 🙂
Hi I think as of now First metro sec’s minimum investment is 5000 right?
Yes, they changed it to 5K for new clients
Hi, i was just wondering. Which is better, COL or Utrade?
Thanks
-Ann
Personally, I like COL
Avoid COL now.
Facing a lot of complaint about their system.
and a a former user. the experience is worst.
system always lagging, slow to not responding at all specially during trading hrs.
Hi,
I want to open an accnt or trade in forex, kaso Ang daming forex scams akong nababasa sa internet, tapos ung mga good reviews about them can be deceiving sometimes, pati ung review site di muna mpagkatiwalaan, can you recommend me a forex broker.
Thanks,
Gareth
Why forex when u can invest in stocks? 5K initial fund sa stock brokerages compared sa almost 100K above ng forex.
Hi Fehl,
Nag forex ka din po ba?
bago palang ako nag stock market at may acct ako sa COL,
kampante ako sa local pero i want to try forex naman
kaso dun na ako natatakot kasi foreign na yun at ala ako way para ma confirm kung legel ba yung broker
may blog ka po ba or alam na site about sa mga legit forex broker?
kapag stock market kasi sa up trend ka lang kikita
kapag forex kahit down trend pede kumita
kaya na eenganyo ako
Hope for replay
Thank YOu
Tradersway and 1broker natry ko and all legit. Pero imo mas okay focus sa isa pse or forex.
Yes you can go for long and short in forex. Currency trading is not that easy the way you look at it..I losed so much money in forex and you need a lot experience before into this kind of trading…
Hi Fehl – thanks for your very informative website!
Wanted to ask if you know any active binary option platforms in the Philippines at the moment?
Thanks heaps!
None that I know of at the moment coz I don’t do binary option right now. God bless!
Hi fehl. Great informative post. Just a quick Q. Is there any online broker that actually allows short selling? Or is it still not allowed in the PSE in general? Thanks
Hi Ms. Fehl,
I know you are talking about local stock brokers here in the Philippines. Do you know any stock broker for NYSE here in the Philippines? I want to trade online for NYSE, but it seems I can’t find one yet. I am a filipino though and a non US-resident.
Clyde
I always hear great reviews about Interactive Brokers https://www.interactivebrokers.com
Hi, how would you fund and receive money if you use something like Interactive Brokers ? thanks
I can’t find the stop-loss order on both firstmetrosec and 2tradeasia platforms. How about COL?
Miss Fehl next week im planning to apply at bpi trade. may question is which is best blue chips companies? but i will just start in 3 companies. thank you and God Bless.
http://dailypik.com/best-blue-chip-stocks-in-the-philippines/
Ms Fehl,
I am an OFW based in Abu Dbahi. I have been reading your posts for a few days na and I really find it very informative. Meron na akong UITF sa BDO bago ako umalis ng bansa at partner ko ang sister ko. I’m planning to open an account in COL Financial pero dito pa ako sa Abu Dhabi. Paano kaya ang proseso ng mga documents na kailangan nila para makapag register ako agad kahit nandito ako sa UAE?
Thank you so much po and God bless!
Ren
Hi, you can open COL Financial account at any iRemit branch. COL has partnered with iRemit for some of their services
I’ve chosen BPI because it’s less hassle.
Considering that our place is remotely located in the province of Negros and our major means of transaction is through online.
I was about to fill up for a different stock broker but I was hesitant because the office is located in Luzon. It would be difficult in my part to transact in case of transaction problems in the future.
Good point 🙂
May I add? if one has a BPI savings account from which he will fund his stock trading or investment account, he can conveniently deposit to such savings account 24/7 through the BPI ATMs dedicated for deposits. This is not the type that requires depositor to place bills in an envelope (like those of BDO, Metrobank, etc.) and perhaps take some time to know if the bills have been successfully deposited? With BPI, the bills are placed right in the ATM rack, the machine confirms the deposit and the amount deposited is displayed on the monitor. The best thing is that the deposit is credited to the savings account in real time or immediately. Thereafter, the depositor can use the money to fund his trading account.
Btw, BPI savings may be used to fund, NOT JUST BPITrade, but also other online trading sites like COL.
This is a great list! Thanks! I think another useful info to add to the table you already have would be how to fund the account. I think “accessibility” includes that. 🙂
HI MISS FEHL … MADALI LNG BANG MAG APPLY SA COL FINANCIAL ? AT PAANO? TNX IN ADVANCE . NASA DAVAO KASI AKO..
Legitimate broker ba ang International Marketing Group?
Hi there Fehl. I’m planning to open an account with BPI trade for I have a debit account with them and given the fact that they do not require any minimum amount to open. I’m just thinking about the interface or the service if it’s good in terms of flipping stocks? Most of the reviews I found online mentioned that it’s only good for long term investing. I wanna know your take about on this. Thanks! 🙂
Hi, as long as you know how to flip, I think there won’t be problem
Hi po Ms. Fehl!
Very informative posts you got here. I just want to ask kung ano po ba ang minimum age requirement ng COL? Pati din po sa ibang brokers kung alam nyo lang po. 🙂
18 is the legal age for that
Good day Ms. Fehl, this is my first time here on your comment box and im also a beginner. I find your blog very informative and helpful as what others have told. I hope you discuss sooner on this site all about stock matching. Thank you so much for your dedication for this site. God bless.
God bless you as well. I hope to see you on my other site as well, it’s called dailypik.com. It’s purely on stocks and mutual funds.
Hi Ms. Fehl,
What is your take on BPI Trade? I have a BPI account and I use their online banking. Would you recommend me to use this over COL? If I will mainly be a passive investor in stocks, do you think BPI Trade will do or are there other things COL can do that I may need?
I have BPI Trade, Philstocks and COL for my child. If you long term or investing, then, you got the right place to your money. If you do day trading you can apply COL and Philstocks they have great platform on it.
hi ma’am,
how about fami? and first metro are they stock broker like col?
TIA
Is BPI Trade a good option? Is it user-friendly? I was planning to go with COL, but I am still starting, I thought I would try BPI Trade first. What’s your thoughts on this? Thanks alot!
P.S,
You are an angel! God bless you more! 🙂
Hi Ms. Fehl, your website is really a big help for me but I really want to dig more about investments and all that stuff. Please help me. Just send me an email na lang po. 🙂
Hello po Ms Fehl
I checked po COL Financing. I aslo applied, sent all the documents needed via LBC. I also received a message from LBC that COL Financing already received it. I waited po for the email of the COL Financing regarding my application. I also emailed them giving exact information who received my application. Unfortunately, til now no message COL Financing.
It’s COL Financial po. Did they reply already?
Hello Fehl,hope you can help. Just need to know what online broker has the FASTEST platform when I execute trades? Im currently with COL but the site is always slow regardless of what device or connection I use. This is important for me as a split second delay in posting your order is a big difference in prices. Thanks
I’m using COL and it’s been fine for me. Philstocks platform seems to be responsive too. I like their design, very new
miss fehl,
I attended yesterday an financial literacy seminar and to proceed to other seminars I have to part for the membership. Prior to attending this one, I have been reading online relating to stock market. Now, I really wanted to open an account directly sa stockbroker, but then i am still in doubt if tama ba desisyon q na mag open instead na magpamember sa isang financial educator group if i can also look learn it thru online by reading the tips of other investors and at the same time instead spending 3700php para membership dun sa isang marketing group, iopen ko nalang ng account q for trading. I know it is not easy and I am willing to take the risk naman sa trading, but I still need your advise if you are in my situation what would you do?
Hi. Everything you need to know are given already by brokers as there are FAQs already for the investment products like Mutual Funds and Stocks. What I can suggest is start opening your investment now because experience is the best teacher. The real things are not taught by groups but you can learn them yourself by getting your hands on to it. You can already use 3700 for buying shares you will own instead of paying membership. What you must need to know is your risk appetite, your objective and your goal and that’s it. You can start. 🙂 Cheers!
What’s your view/opinion on Philstock.ph regarding their research and online features compared to COL?
I really want to open an account with COL but they wouldn’t process my application without a TIN so my next choice is Philstock.
Hi, I didn’t yet experience Philstockls platform but it looks nifty. All brokers will require TIN
Sir do you have a list of Discountable Brokers because Daytrading is Very Risky Thankyou!
Hi Ms. Fehl, thanks for your insight its very helpful for beginner like me. Just want to ask, I’m new in stock investment and im using COL also and planning now to invest on dollar currency with minimal initial amount at least 2K USD may I know which type of investment you can recommend.
Do you happen to know any brokers in the Philippines who can sell my stocks listed in NYSE ? or brokers in the Philippines who can trade (buy/sell) stocks listed in NYSE ? thanks
Hello Ms Fehl. Do you have an idea which stockbroker charges higher commision fee? col financial or bpi trade? thankyou.
They charge the same rates
Ms, Fehl, what is the difference between a mutual funds and a stock broker, and which is best to join?
Mutual Funds are types of investments. Stock brokers are the middle man to buy or sell stocks
Hi Fehl
Is COL financial legal stock broker? Because I don’t want to open an account at the wrong people.
Yes, it’s the number 1 stock broker in the Philippines right now
Bakit po ang Sun Life Financial wala po dito? These past few weeks kasi pinagiisipan kong mag invest sa kanila, hindi ba dun maganda?
Sun Life is not a stockbroker, it’s more into mutual funds and insurance
Hi,
I would like to make an investment in stock market here in the Philippines, but i don’t know how. can you please help me on this. thanks
Follow our guides by going to our STOCKS menu
Hi,
I worked in Purefoods last 90’s they offer us to buy a stocks, I resigned then I received a dividend in year 2006 through check by pldt.. Now I’m OFW I don’t know if I have still stocks. Any chance to check it coz I don’t know if still existing.
Many thanks
Better find the certificates/papers proving you have them
Hi,
This was really great in terms of investing in philippine stock market. Just about to search for best bank to choose and I am thinking to create a savings acc but for some reason when I came in this page decided to have one and disregard the savings acc, will read more of your post to understand this better. I also hope that there is a way for us to contact you in case we have some question. Cheers.
I make time to reply on messages and comments here but if you have questions that is not related to the topic, feel free to contact us at this page: https://philpad.com/contact-us/
pls help me! i want to open a stock broker account! how? what is the requiremnts?
The usual requirements are valid IDs, signing some forms provided by the broker, latest billing statement (not later than 3 months)
I am retired and will not be Investing in the stock market anymore.I have 440 shares of
Benguet Corp. left and want to sell it.Therefore am reqesting a broker who will do this and open
an account without the minimum fund deposit.I will give him an extra 50 dollars.
Thankyou, Anthony R.Cetta
Please let me know. 570 346-8648
sell 440 shs.benguet corp. I have the certificate Beng cusip 081851 20 6
You may try to apply at BPI Trade, http://www.bpitrade.com, there is no opening balance, just fill up and sign application forms and signature cards, once approved, you can lodge you BCB stock certificate to BPI Trade, once appeared to your profolio then you can sell it at current market price. Last price of BCB as of 6-5-2015, 7.20 per share. Hope this help.
how much premium membership ng dailypik?
isang payment lang ba ito for lifetime membership?
Hi. There is no premium membership anymore. Everything is free now at Dailypik. Free for life 🙂
Want to sell a stock ,BCB and get an account that doesn’t require a deposit of money.
Hi Ms. Fehl.. Good day po.. Like the others, i’m also planning to dive into the world of Philippine stock market.. But i’m planning a different route in terms of earning or losing the fastest way.. And that is by becoming a TSUPITERO.. I’ve already read posts and watched videos regarding PESO COST AVERAGING or EASY INVESTMENT PROGRAM of COL Financial.. You’re right.. It’s a long term investment that can make your money multiply over time.. But for a guy like me who have resigned from my job and who do not have that much resources to sustain or maintain the requirements of such investment (if ever i choose that kind of investment), i think the logical way to do is to become a day-to-day trader or a TSUPITERO.. It is quite risky.. It is like driving a car on your own.. Now, my question is, does COL Financial encourages day-to-day trading?.. Or they’re just really focusing on long-term investing?.. Kung meron man po akong nabanggit na mali sa comment na ito, paki-tama na lang po ako.. And since i perceived you as an honest person, eh di naman po cguro masamang ituring ko ikaw na nka-tatandang kapatid or Ate in terms of giving helpful tips and sound advices pagdating sa trading strategy… By the way, do you have ideas about technical analysis?.. Nabasa ko rin po kasi na it is a great tool for a TSUPITERO.. Anyway, i think that just it for now.. Pcencia na rin po sa abala.. Thanks in advance and have a blessed day… ^_^
I think all stockbrokers are open to any legal kind of trade including of course active trading. At the end of the day, they are your broker while you still have the power how and what to do with your funds. Technical analysis requires a lot of technical know-how and mastery of every aspect of trading. I can’t say so much about it yet coz I don’t consider myself as an expert of it. If you want to be a tsupitero, look for someone who is already one 😉
Good day…plsss help me how to join stock market investment…hnks a lot
Would know if any of these brokers have the automatic stop loss feature?
None I know so far
Hello Ms Fehl,
I would like to ask you, in your experience and advice. Which is a better broker for me, an OFW nurse and Noobie, BPI ba or COL? I hope you can answer my question. Salamat po.
I personally use COL Financial so I’m recommending it. I love their stocks and market updates very smart and on time
you’re the best miss fhel! 🙂 btw im choosing between col and bpitrade which one do you think is better?
I’m personally using COL and I like their stocks updates aside from their main trading platform. Philstocks has easy and nice buttons. Have not tried BPI Trade yet.
Hello Fehl
OFW ako gsuto kong mag invest sa stock market ano po ang mga requirements para maka pag invest ako. dto ako ngyn s doha. qatar..
thank
You need money, stockbroker account, and strategy. If you don’t have strategy yet, join DailyPik.com
may bayad po ba ang pagsali sa DailyPik.com ?? para san po ba un ??
Yes, as of now premium membership is not free. When you join, you can access the best stocks to invest with and receive stocks updates and reports.
Hi ms Fehl. Thanks sa mga post mo, dami kong natututunan. Ask ko lang kung meron din bang different kinds of indicators ang charting ng COL Financial like Bollinger Band, MACD, etc.? And real time din ba ang updates ng mga qoutes? Thank you very much.
Thanks for visiting my posts. Yes, COL Financial has stock charting feature. You must have the latest Java installed in your computer to let it run fast and smooth. Yup, it includes MACD, Bol and other common indicators.
How about po yung mga ngcoconduct ng mga financial literacy dito sa ibang bansa at jan sa pinas are they secure about they offered? Lil bit curious lng po kc kc sempre money n po ung paguusapan dito..this is the the name of the company international marketing group (IMG) kindly help nmn po if secure at liscence po b tlga ito for putting mutual fund..tnx
For Mutual Funds, choose the ones with great reputation like Philam Asset Management, Sun Life, Philequity, First Metro Sec, ALFM, ATR Kim Eng, etc. They are posted on our “Best Mutual Fund Companies in the Philippines” page. If the company is not on the list, doubt it.
Hi Ms. Fehl, great site! Really helpful. Just wanna ask, are all the online brokers offering ALL stocks including Speculative stocks? How about those scheduled for IPO, are they already included in the list?
Many thanks.
My online trading platform have them. I think the others have them too. If they don’t they would lose a lot of commissions 🙂
Hi! I want to learn how to invest to0! Can you rec0mMend what will be the best platf0rm dfor a newbie like me? Thanks!
I’m using COL. Others like Philstock and BPI Trade are great options too
HI, I’m interested in stocks trading, actually i fill up online application form (bpitrade) but they require FATCA but in the website i cant found the FATCA form. please help me with this matter. I’m not a foreigner but they require this FATCA.
Hi JR. I just know you need to fill up the application form online which you need to send at your BPI branch together with your valid IDs. I suggest you talk to a BPI rep to clarify about the FATCA requirement
How to start in stock market as i dnt hve any idea bt im willing for it.
No problem. Follow the easy and simple guides here: https://philpad.com/stock-market-tutorials-philippines-complete-guide/