Best Stock Brokers in the Philippines 2021

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Released today, the best stock brokers in the Philippines in 2021 are listed here. They are the top online stock trading brokers used by many investors in the country and worldwide who invest in the Philippine Stock Market.

As of January 2021, the total number of accredited brokers in the Philippine Stock Exchange are 127 but we have listed here the crème of the crop in terms of online trading platform. They are 33 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.

Best Stock Brokers in the Philippines in 2021

  • A & A Securities, Inc.
  • AAA Southeast Equities, Inc.
  • AB Capital Securities, Inc.
  • Abacus Securities Corp.
  • Alpha Securities Corp. (AlphaSec)
  • AP Securities, Inc.
  • BA Securities, Inc.
  • BDO Securities Corp.
  • BPI Securities Corp. (BPITrade)
  • Coherco Securities, Inc. (CohercoTrade)
  • COL Financial Group, Inc.
  • DA Market Securities, Inc. (iTrade)
  • Eastern Securities Development Corp.
  • F. Yap Securities, Inc. (2TradeAsia)
  • First Metro Securities Brokerage Corp. (First Metro Sec)
  • Globalinks Securities & Stocks, Inc.
  • HDI Securities, Inc.
  • Investors Securities, Inc. (Investors Online)
  • JAKA Securities Corp.
  • Lucky Securities, Inc.
  • Maybank ATR Kim Eng Securities, Inc. (MakeTrade)
  • Meridian Securities, Inc. (MSiTrade)
  • Optimum Securities Corp. (Optimum Online)
  • Papa Securities Corp. (P2P Trade)
  • Philstocks Financial, Inc. (Philstocks)
  • RCBC Securities, Inc. (RCBC ezTrade)
  • Regina Capital Development Corp.
  • Timson Securities, Inc. (Timson Trade)
  • Triton Securities Corp.
  • UCPB Securities, Inc (UCPB My Stocks)
  • Unicapital Securities, Inc. (uTrade)
  • VC Securities Corp. (VC Trade)
  • Wealth Securities Inc. (WealthSec)

All online stock brokers are very safe and secure so you 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.

All online brokers listed here charge the same commission of .25% on the total gross sales and purchase of shares of stocks. 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
  2. COL Financial
  3. BDO Securities (former BDO Nomura)
  4. BPI Trade
  5. Philstocks

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 philippines 2021

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. 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.

Start to invest in the stock market now! Learn the easy and simple ways by going to our Stock Market Tutorials and Complete Guide

About Fehl Dungo

Licensed Career Service Professional, trusted Fund Manager, Founder of Philpad and published author of poetry book at Barnes&Noble.

115 thoughts on “Best Stock Brokers in the Philippines 2021”

  1. 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.

    Reply
  2. 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!

    Reply
    • 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.

      Reply
    • 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.

      Reply
  3. 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.

    Reply
  4. 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

    Reply
  5. 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!!!

    Reply
  6. 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.

    Reply
  7. 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

    Reply
    • Why forex when u can invest in stocks? 5K initial fund sa stock brokerages compared sa almost 100K above ng forex.

      Reply
  8. 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

    Reply
    • 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…

      Reply
  9. 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!

    Reply
  10. 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

    Reply
  11. 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

    Reply
  12. 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.

    Reply
  13. 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

    Reply
  14. 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.

    Reply
    • 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.

      Reply
  15. 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. 🙂

    Reply
  16. 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! 🙂

    Reply
  17. 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. 🙂

    Reply
  18. 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.

    Reply
  19. 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?

    Reply
    • 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.

      Reply
  20. 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! 🙂

    Reply
  21. 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. 🙂

    Reply
  22. 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.

    Reply
  23. 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

    Reply
  24. 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?

    Reply
    • 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!

      Reply
  25. 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.

    Reply
  26. 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.

    Reply
  27. 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

    Reply
  28. Hello Ms Fehl. Do you have an idea which stockbroker charges higher commision fee? col financial or bpi trade? thankyou.

    Reply
  29. Hi Fehl

    Is COL financial legal stock broker? Because I don’t want to open an account at the wrong people.

    Reply
  30. Bakit po ang Sun Life Financial wala po dito? These past few weeks kasi pinagiisipan kong mag invest sa kanila, hindi ba dun maganda?

    Reply
  31. 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

    Reply
  32. 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

    Reply
  33. 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.

    Reply
  34. 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

    Reply
    • 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.

      Reply
  35. 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… ^_^

    Reply
    • 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 😉

      Reply
  36. 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.

    Reply
    • 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.

      Reply
  37. 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

    Reply
  38. 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.

    Reply
    • 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.

      Reply
  39. 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

    Reply
    • 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.

      Reply
  40. 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.

    Reply
    • My online trading platform have them. I think the others have them too. If they don’t they would lose a lot of commissions 🙂

      Reply
      • 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.

        Reply
        • 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

          Reply

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