Best Stock Brokers in the Philippines in 2024

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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

  1. A & A Securities, Inc.
  2. AAA Equities, Inc.
  3. AB Capital Securities, Inc.
  4. Abacus Securities Corp. (MyTrade)
  5. Alpha Securities Corp. (AlphaSec)
  6. AP Securities, Inc.
  7. BA Securities, Inc.
  8. BDO Securities
  9. BPI Securities Corp. (BPITrade)
  10. China Bank Securities Corp. (Chinabank Sec)
  11. Coherco Securities, Inc. (CohercoTrade)
  12. COL Financial Group, Inc.
  13. DA Market Securities, Inc. (iTrade)
  14. Eagle Equities, Inc.
  15. Eastern Securities Development Corp.
  16. First Metro Securities Brokerage Corp. (First Metro Sec)
  17. F. Yap Securities, Inc. (2TradeAsia)
  18. Globalinks Securities & Stocks, Inc. (GTrade)
  19. HDI Securities, Inc.
  20. Investors Securities, Inc. (Investors Online)
  21. JAKA Securities Corp.
  22. Landbank Securities, Inc.
  23. Lucky Securities, Inc.
  24. Luna Securities, Inc.
  25. Maybank Kim Eng (Maybank Trade)
  26. Meridian Securities, Inc. (MSiTrade)
  27. Mercantile Securities
  28. Optimum Securities Corp. (Optimum Online)
  29. Philstocks Financial, Inc. (Philstocks)
  30. RCBC Securities, Inc. (RCBC ezTrade)
  31. Regina Capital Development Corp.
  32. Timson Securities, Inc. (Timson Trade)
  33. Triton Securities Corp.
  34. Unicapital Securities, Inc. (uTrade)
  35. VC Securities Corp. (VC Trade)
  36. 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.

best stock brokers in the Philippines 2024

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)

  1. Regis Partners, Inc.
  2. COL Financial Group
  3. CLSA Philippines
  4. Macquarie Capital Securities (Philippines)
  5. Maybank ATR KIM ENG Securities
  6. Mandarin Securities Corp.
  7. UBS Securities Philippines
  8. First Metro Securities Brokerage Corp.
  9. F. Yap Securities, Inc.
  10. 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.

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Fehl is the founder of Philpad and has been writing online for 12 years. She has a bachelor's degree in Accountancy and a background in Finance. She is a licensed Career Service Professional and author of a poetry book at Barnes & Noble. In her spare time, she likes to travel and discover new places.

39 thoughts on “Best Stock Brokers in the Philippines in 2024”

  1. 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

  2. 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

  3. 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.

  4. 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

  7. 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 😉

  10. 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

    • 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.

  12. 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

  13. 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.

  14. 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.

  15. 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 🙂

  16. Hi! I want to learn how to invest to0! Can you rec0mMend what will be the best platf0rm dfor a newbie like me? Thanks!

      • 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

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