How to Open COL Financial Account Online

In this page, I’m sharing how I opened my COL Financial account online without going to COL’s head office in Philippine Stock Exchange Center in Ortigas. Everyone can do this, too. This is very convenient especially those who are living far away from Manila, those who are from the provinces and those OFWs who reside abroad.

Why I Choose COL Financial?

COL Financial is one of the best online stock brokers in the Philippines. There are other big online trading brokers out there like BPI Trade, Philstocks, First Metro Sec, etc. but I’ve decided to choose COL Financial because I was impressed with their stock market research and updates. Their company is also listed in the PSE. Besides, I love their EIP program and the availability of Mutual Funds on their platform.

Before you open COL Financial Account:

I recommend you prepare your email address and I suggest you use Gmail simply because it is less spammy. I also suggest you have an active Anti-virus software in your computer because let’s face it, you will going to trade and this is like banking. You need to have secured internet transactions at all times. You don’t want to be risking your login username and password. I recommend Norton 360 because you will have complete computer + complete internet protection.

COL website uses https and it’s already secure but I still recommend using Norton for total online protection for everything that you’re doing online.

Prepare for your TIN (Tax Identification Number). If you don’t have any yet, you can get TIN online. If you lost your TIN or you forgot it, you can retrieve it here: Verify TIN

col accounts
source. COL Financial

Decide what type of COL account you need to open. Personally, I selected the COL Plus because it has EIP and streamlined features. As an investor, you know you don’t only need to grow your funds but your investing skills as well. You can’t be on EIP forever, honey.

Procedures How to Open COL Financial Account Online:

Step 1: Gather the complete documents required

You will need to fill out the forms and sign them properly. Write in Block letters, meaning all capital letters. Make sure the email address you provide is really yours and you are the only one who use it because this is where COL will contact you regarding your application. All transaction notifications and confirmations regarding your COL account will also be sent in your email address.

COL Financial Account Requirements:

  • Download Application Forms (CAIF, OSTA, and Specimen Signature Cards) and print them out.
  • Photocopy of 1 Government Issued Valid ID
  • Funds to your COL account (I used BDO online banking)
how to open col financial account online

Step 2: Send your documents

Have your documents delivered to COL Financial’s address. I used LBC delivery service. COL received my package the next day and they emailed me with the message, “Welcome to COL Financial….” That’s the start of it 🙂

Step 3: Fund your account

Make your initial deposit to fund your trading account. I had to make initial deposit of P25,000 to fund my COL Plus account. I used BDO online banking for this. Funds were immediately transferred to my COL account. The complete instructions were discussed here: “How to Fund COL account using BDO Online”

Step 4: Start trading in real time

Finally, COL sent me my log in password and my account was active. I can then trade real time. I logged in my COL account and changed my password. It’s always safe when you’re the only one who knows it.

How to Open COL Financial Account Abroad?

If you are living and working overseas, you can also open your COL Financial account by going to any iRemit Branches. COL Financial has partnered with iRemit. Just bring your signed forms and clear copies of your valid IDs and submit them to iRemit.

Other Investment Guides:

About Fehl Dungo

Licensed Career Service Professional, tech investor, founder of Philpad, and published author of a poetry book at Barnes&Noble.

140 thoughts on “How to Open COL Financial Account Online”

    • I saw online that we can now open /sign up account online, is that correct? Also is NBI clearance allowed as Govt issued ID? THANK you so much!

      Reply
  1. Hi. I’m planning to open a COL account using the primary and secondary account (joint) holders. Unfortunately, my partner is currently based in New Zealand. Can I use his electronic signatures instead? Thank you for your time.

    Reply
  2. Good Day,

    I’ve been reading this and I am very much interested to invest, I do have have a question, do I have to have a credit card to invest?

    That’s all and Thank you for posting this.

    Reply
  3. Hi Ms Fhel.
    Thank you for sharing this information to us.
    I am an OFW. I would like to invest in stocks.
    Ask ko lang po aside from TIN, ano pa po ung requirement to open an account?
    Also, do i need to have a bank in the Philippines po?

    Thank you.

    Albert

    Reply
    • Hi, Albert 🙂 1 valid government issued ID is required. Having a bank account is not necessary BUT it will help you to easily and quickly fund your COL account whenever you want to invest so I’d say have one.

      Reply
  4. Hi Ms. Fehl, good day. Narinig ko na po tong Col Financial from one of my former officemates years ago. I’m planning to invest at least 5k kasi in progress na yung backpay ko(almost 2 months palang ako sa current company). May Sunlife naman ako(health insurance + investment) eh gusto ko po kasi mag invest sa stocks.

    Ang main concern ko po is kung paano ifill out ung form specially yung part na about financial kasi nung nagtry po ako magfill out, para akong nanghuhula ng isasagot kaya itinigil ko. Kahit overview lang po siguro kung paano ifill out kasi baka pag mali mali eh hindi iapprove.

    Sana po maconsider nyo tong request ko. 🙂

    Reply
    • Hi, from the Financial and Invetsment Profile section;

      Assets – include any thing that you own such as cash, house and lot, cars, investments, companies or anything that has economic value. Estimate the total amount and choose the value from the options.

      Net Worth – these include assets less your liabilities (utang)

      the rest are self explanatory 🙂

      Reply
  5. Hi Mam kung 60 years old na po at gustong magopen account ok lang po ba and if start funding ok lang ba na magstart ng 10 k then palaki ng palaki in 5 to 10 years kasi time is short lately lang ng makita itong investment …Thank you…

    Reply
  6. Ms. Fehl, napawow po ako sa patience niyo to help people. I really appreciate it much po because I’ve learn a lot from Q and A here. Thank u very much…

    Sam

    Reply
  7. Hello Ms. Fhel!

    Ofw here in Taiwan. Ippdla q na po sna ung Documents q sa COL using LBC pero d daw po pwede na wlang taong tatanggap. Bakit po ganun? D daw po pwede pdala sa establisment if wlang specific na taong tatanggap?

    What do you think po?

    Reply
  8. Hello miss fhel,,

    I will be opening an account in COL this or next month.

    I would like to ask if it is allowed to upgrade your account from STARTER to PLUS??

    Also, how do you withdraw your earnings if you choose to invest without a BDO account??

    Reply
  9. Hi Ms. Fehl,
    I’ve been through to your blog and its very interesting. I really like it! Thank you for all those productive guidelines in trading and I wanted to open an acct. for me. Allowed po ba ako mag-open kung dito po ako nakatira sa Canada?

    Reply

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