Updated list of Accredited Online Trading Brokers in the Philippines this 2020. If you want to buy, sell and trade stocks online, you must have an online account with any of the brokerage firms below. As a reference for the stock market and investment topics here, I am sharing the official list of online brokers in the Philippines accredited by the Philippine Stock Exchange (PSE).
Currently this 2020, there are only 30 online brokers although there are more than a hundred of brokers (lots of local and few foreign). Choosing your online broker is important for trading and investing in the stock market. Because it is like your live stock market arena so it is also so important to get comfortable and feel at home with it.
The most popular online brokers as of now are COL Financial (used to be Citisec Online), BPI Securities (BPITrade) and First Metro Securities. BDO Nomura recently joined as well. Of course those are my nicknames for them, you’ll know their official names as you go forth below.
New users can open an account by depositing the required minimum fund for the online stock trading account. And then submitting the required documents which are available to download from the websites anytime. No worries it’s just like opening a bank account really.
Updated List of Accredited Online Trading Brokers in the Philippines 2020
You can open an account from any of the following online brokers to start investing in the stock market. The list is updated as of 2020. We also included the minimum funds required to open an account.
Broker | Website | Minimum Deposit to Open an account |
---|---|---|
AAA Equities | https://aaa-equities.com.ph | P20,000 |
AB Capital Securities, Inc. | www.abcapitalonline.com | P10,000 |
Abacus Securities Corp. | www.mytrade.com.ph | P10,000 |
Alpha Securities Corp. | https://alpha.psetradex.ph | not mentioned |
AP Securities Inc. (formerly Angping & Associates Securities, Inc. | https://www.aps.com.ph | P5,000 |
BA Securities, Inc. | https://baseconline.psetradex.ph | not mentioned |
BDO Nomura Securities, Inc. | https://www.bdo.com.ph/bdonomura/ | none as long as you have BDO Online Banking account |
BPI Securities Corporation | www.bpitrade.com | none if you have BPI account |
Coherco Securities, Inc. | www.cohercotrade.ph | P150,000 |
COL Financial Group, Inc. | www.colfinancial.com | P5,000 for EIP; P25,000 for Active Traders |
DA Market Securities, Inc. | https://itrade.ph | P100,000 |
Eastern Securities Development Corp. | https://www.eastern-sec.com | not mentioned |
F. Yap Securities, Inc. | www.2tradeasia.com | P25,000 |
First Metro Securities Brokerage Corporation | https://www.firstmetrosec.com.ph/ | P5,000 for new clients |
HDI Securities, Inc. | https://hditrade.psetradex.ph/ | P25,000 |
Investors Securities, Inc. | http://investorsonline.psetradex.ph | P25,000 |
JAKA Securities Corp. | https://jakaseconline.psetradex.ph/ | not mentioned |
Lucky Securities, Inc. | https://luckyseconline.psetradex.ph | not mentioned |
Maybank ATR Kim Eng Securities, Inc. | www.maketrade.com.ph | P25,000 |
Meridian Securities, Inc. | https://msitradeonline.psetradex.ph | P25,000 |
Optimum Securities Corporation | https://optimumonline.psetradex.ph | not mentioned |
Papa Securities, Corp. | http://www.p2ptradeonline.ph | P5,000 |
Philstocks Financial, Inc. | www.philstocks.ph | P5,000 |
RCBC Securities, Inc. | www.rcbcsec.com | not mentioned |
Regina Capital Development Corp. | https://reginacapital.psetradex.ph | not mentioned |
Timson Securities, Inc. | https://timson.com.ph | P25,000 |
UCPB Securities, Inc. | https://www.ucpbsec.com | none if you have UCPB account |
Unicapital Securities, Inc. | www.utradeph.com | P10,000 |
VC Securities Corp. | http://vcsecurities.biz | P10,000 |
Wealth Securities, Inc. | https://www.wealthsec.net | P10,000 |
All websites are secured. BDO (Nomura) has recently joined the house. Yay! Share your favorite online trading brokers in the comments below.
Want the top brokers? Go to the Best Stock Brokers in the Philippines here.
Hi ms feh gud am . . I have a metrobank account . Is this bank account can be used for registering in stocks exchange transactions? Tnx . God bless
You need to open an account for First MetroSec. That is the online trading platform of Metrobank. Their website is firstmetrosec.com.ph
good day miss! I’m wondering how can i start exchange stocks? do i need to be a licensed broker? coz i already invested in ps bank. but i want to exchange some stocks so that i could earn money. how can i do that?
Hi, Ross. You need an online broker, choose any from the ones listed above. You can also learn from our guides here by going to the STOCKS menu. God bless!
Good day Ms. Fehl. I am very interested about stock exchange and i dont know where to start. I went to BDO last week to get some info but they have nothing to offer at the moment. I hope you can give me some guidelines and more information on how to start with stock exchange thing. Thanks. God bless.
If you want to invest on stocks, don’t go to BDO. Open your stockbroker’s account by choosing any from the brokers mentioned above. Follow our guides here by going to the STOCKS menu.
how do i sell my meralco stock in case i wanted to sell na..don’t know any stockbroker, taxes 2b paid, ung proceso. bought them w/o knowing about stocks just bec everybody does in the office way back 1996 not sure of d yr ung nag IPO i bought cash thru SSS. appreciate ur prompt reply. mraming slamat…
I personally don’t know how coz I use stockbroker. It will be much easier with everything if you find a licensed broker
Hi Ms. Fehl.
Thanks for the informative articles. You inspire me!
I’m 2nd year in college, 17 year-old, and interested in investing in Jollibee. At my age, am I already allowed to invest? I’d like to invest in JFC through COL.
Yes, ask your parent to open In-Trust-For (ITF) account for you. Your parent then can then convert that account in your name once you became a legal adult
hi Miss Fehl,
Jollibee is coming to Toronto very soon. I live in this area and very much interested buying some stocks. How will I do it?
Hi. you can buy stocks of Jollibee via online broker
Wondering why BDO Securities Online Trading is not listed?
I don’t think they have an Online platform yet. If it was launched, can you tell me the link?
with bpi, you only need to play your money on your account right ?
so that means, kahit 1k lang i-deposit ko pede ko imapbili ng stocks ?
well i mean if that’s how flexible bpi can be regarding their online brokerage. 🙂
correct me if i’m wrong. willing to learn naman po ako. gusto ko lang mkahanap ng other ways of earning more money that being stuck on the chair catering customer service calls which napipilitan lang ako kasi un lang ang skill na meron ako.
I think BPITrade is a different account with your BPI savings account. You can buy stocks with 1000 IF the price of the stock you’re buying can accommodate that amount and you also have to consider the little fees associated with trading.
Hi, my 90 yr old mom wants tosell her petron stock certificates. Where can she have it turned into cash? Thanks.
Oh ms. Fehl…
Thank you!
Hi,
I’m interested on setting up a high frequency trading operation in the Philippines. Any brokers that can provide a direct API connectivity to PSE?
Thanks,
George
Do any of these online broker offer dividend reinvestment? Buying more shares with the quarter dividends?
hi gusto ko magstart mag invest i have an account na sa BDO but i am an OFW. san ba maganda mag invest UITF sa BDO r sa BPI at ano kaibahan non sa stocks investment. Thanks. pasensya na noob pa ako pagdating dito kaya nagbabasa basa. btw very informative and website mo. love it
BDO and BPI have great and excellent UITFs so you can invest on any of them. BPI also offers Mutual Funds. Ang kaibhan nito sa stock trading is you don’t need to manage your funds coz there are already fund managers / experts who do that thing for you. Please read our posts about stocks, Mutual Funds and UITF so you know more. 🙂
Ms fehl. I want to invest .and open account As soon. Help me . Right away pls
Hi Fehl,
This is very informative. Me and my husband really want to try investing in the stock market, But honestly we dont have any idea. We dont even know how to start, i need some help. Can you provide me the steps on what to do first? Pls? Thank you so much. I really appreciate if you are going to send me an email. Thank you and God bless…
Hi Arlene 🙂 You and your husband are doing a smart thing. The first thing you need before you invest is get to know about investments so you’ll know which investment you would like to start with (stocks, mutual funds, UITF, ETF, real estate, etc.) next is you open an account, and then monitor your investment until your goal or target. Our guides here will help you. You can start by reading our posts about stocks, mutual funds, uitfs and then you will be ready. Feel free to exchange questions and insights in our posts too. 🙂 You’re always welcome!
There are now more brokers right now that have online platform facilities. I think this article should be updated with the latest list of online trading brokers.
Hi! I would like to ask if magkano ang standard registration fee sa mga broker company. OFW kasi ako at dito may ng aalok sa IMG pero ang registration fee is around %,600 pesos
For Online Trading account, there is no registration fee for they will earn commission when you buy or sell stocks. All you need is submit the required documents and have enough fund in your account.
hi Fehl! do you know any stock brokerage firm that offers internship right now? if yes would you please contact me? I really need it as a requirement right now thanks for helping. BTW I invested on stocks @ PSE ayala. Im a graduating student. please help.
I’m in the U.S,( Foreign Investor ), I have an account with Utrade with a sizable portfolio balance now. Ang question ko lang, how can I withdraw my money if I do not have a local Bank account? Would my broker do a wire transfer directly to my overseas account? Also, I need to know the taxes – Shares held and sold for less than 1 year, and shares held and sold for over 1 year.
I’m not familiar with Utrade but I think you can request your foreign broker to make a direct deposit or a issue you check instead. I’m sure taxes are explained in their FAQ section.
You can directly ask your broker how you can withdraw your earnings. They have staffs who can help you with your question.
greetings to you fehl..
is there any sites where I could view the balance sheet of the companies listed in the PSE? it makes me hard to figure out what is P/E, PEG and EPS without these…thank you.
You mean all the companies in the PSE or the Trading Brokers companies? Sorry I’m confused.
Hi Fehl,
Is there a possibility na bumaba ng 50% yung initial investment ko if the PH market or the company i invested in is in trouble? Let’s say nag invest ako ng Php5000 then pag check ko, naging Php2500 na lang or worse is nag 0 balance yung investment ko?
Thank you and more power to you! 🙂
It’s possible but it’s the worst case scenario. It never happens much though especially if the company you invested with is and has been already stable and profitable for so many years. Join the best performing companies, think about the big time millionaires losing, no way they would allow losing. So join them 🙂
Hi Fehl,
Is there a possibility na bumaba ng 50% yung initial investment ko if the PH market or the company i invested in is in trouble? Let’s say nag invest ako ng Php5000 then pag check ko, naging Php2500 na lang or worse is nag 0 balance yung investment ko?
Thank you and more power to you! 🙂
HI Fhel, I’m very grateful that I’ve found your article since I am looking the lists of online trading brokers who was accredited by PSE. I am planning to invest my savings in stock market. Now, my question is, ano ang pwedi mong mairecommend na broker para sa mga beginner na tulad ko….
Thanks for sharing this valuable information…mabuhay and God bless!…
I recommend Col Financial because their online features have been so great. You’re welcome and I’m glad you read my posts here. God bless!
anong broker po ba dito yung may magandang trading flatform pra sa easy viewing ng live charts like ng e*trade sa US.
Col Financial is very good
hi fhel! upon reading your article, i started wanting to invest money. i am a breadwinner and at the age of 32, i still don’t have my own savings. i want to invest money–just a small amount of money (let’s say Php5000)…could you help me how to do that? though i have read your article, i still am afraid to try fearing something might turn wrong. thank you so much in advance and god bless! 🙂
Hi! I just applied for an account in BPI Trade. I was able to trade, but it seems I didn’t gain any profit. Are you familiar with this? Another problem I have is I can’t find any tutorials online. Please help me. I have already bought stocks from 4 companies. I spent 1k plus only. I don’t want to spend a lot of money yet. I’ll wait for the right time when I have enough knowledge about this.
By the way, nice article! Very encouraging! You’re inspiring us.
Hi there. Stocks are in the low hill if you noticed this December. You won’t see a gain right away especially if you just traded and especially if the market is low. Don’t worry coz you would see rise since you seemed to have bought a low-price and in the future if you chose blue chips companies and your stocks are in large numbers. Thank you for the great comments 🙂 Happy new Year. I will add more trading posts this 2014. Cheers! BTW, you should also check out UITFs in Equity if you love stocks and Mutual Funds in Equity 🙂
I already sold some of my shares. I gained hundreds for thousands of pesos. Not bad. 😉
Congrats 🙂 That is awesome!
Presented list about topmost brokers from Philippines is really helpful for new investors from Philippines.
I want to buy a stock..
hi Fehl,
I am an OFW and wanted to put at least a portion of my savings into a good investment platform and hopefully manages my earnings at my home where I can tract its performance. I got interest on investing my savings through mutual funds or on stocks. Honestly, I don’t any idea at all on how to invest. I would like to ask your help on how to start with it via online. thanks
Really enjoying your articles. Very informative and driving me more to go on investing. Keep writing.
Juby
Hi Juby. Thank you and I’m glad you find my articles here useful and informative. The first thing to do before investing is getting to know what you’re getting into 🙂 Learn the basics and you can easily learn it free here by reading our posts in the MONEY category. For starters, I would recommend you start with Trust Funds because those funds are already managed by experts. If you invest in Trust Funds Like UITF, you dont need to monitor it like trading in the stock market. UITFs are kinda similar with Mutual Funds. After you have tried MF and UITF, try real time stock trading. Then Real Estate investing. And some more other investment wheels. Keep reading here to learn more 🙂 God bless you!
Hi Fehl,
This article really help me to go for my dreams in stock market. I am currently working abroad and planning to be in stock trading in the near future. Is there any crash course for stock trading in the Philippines or someone who can be my tutor for this? I am planning to be back there this coming November and try to be in any trainings offered.
Hi John. Yes there are courses and seminars for trading and investment usually offered for free or paid by brokers. If you have checked the list of brokers mentioned from the article, you’ll see the training and seminars on their websites which you can attend. If you are living abroad currently, you can watch free webinars or just subscribe to Truly Rich Club (the famous club by Bo Sanchez)
Good evening. Tanung ko lang po, lahat po ba ng company na to merong commodity trading like gold?
Right now BSP is the only agency in the Philippines which caters gold. There is no official market to gold investment and trading yet in the Philippines. It’s 2013, let’s see what happens after 10 years or more…
Can I buystocks even if im below 18 yrs old?
Thanks, Fehl your article was both informative and helpful! One small favor though, would you happen to have an email address for the Philippine Stock Exchange, as I need to contact them for some information about some stocks, ie. dividends, etc. I am an OFW based in Kuwait, and it is sad to note that the website for the PSE is poorly managed – does not open at all, and if lucky enough to open, it takes eons to do so, and which does not do well to the image of such a big corporation! Looking forward to your help.
It’s a pleasure Arthur 🙂 Thank you for your nice words here. Yes, the current email address of PSE is: pirs@pse.com.ph. I can view the website just fine. Try updating your internet browser. I use the latest version of Firefox which is great. Also make sure you clear all your browser’s cache to make loading of internet pages faster for you. If you don’t know how, just ask me. I’m happy to help 🙂
Can I get my shares anytime I want them to have?
Your shares and everything in your account is in your Portfolio. You can do everything with them coz you are in control of them. 🙂
Hi Fehl,
your articles are really interesting and catchy. If i may just ask, i am a permanent resident of Canada but still a filipino citizen. Can i still invest in PSE? If yes, what are the things I need to do in buying stocks?
Thank you Nina 🙂 Yes Non-Resident Foreigners are welcome to trade in the PSE. If you chose your online broker already, usually you need to submit application form, some copies of documents like authentication of valid passport, proof f income and latest billing statements to the address of the online broker company you have chosen or you may ask them for more convenient ways. The requirements are listed on the online broker’s official website should you need to know them all. Once they approved and contacted you, you can then fund your account and start trading. Contact them thru email if you wanna ask how to fund your account while in Canada. Good luck!
Hi Fehl,
I really find your articles and posts very interesting to read. Congrats!
I want to ask if I will invest in the stock market in the Ph do i still need a local bank account? I am an OFW and out of the PH now.
Hope to hear your suggestions over this.
Thanks.
Hi Alvin. Thank you for the nice words here. You need a broker. An online broker is more convenient. Choose your online broker first then register for an account. Then fund the account. Ask your family in the Philippines to fund your account for you.
hi, fehl! gusto ku lng iclarify about the hearsay that i heard, na kelangan dw nkamonitor lagi sa site to know the status of the money? I want to invest sana this week kaso hindi ku alam f anu gagawin? cud u help me, please.,
Monitoring is up to the investor, it’s not an obligation but a privilege. However, if you are a serious investor, yes, you must have time to monitor your funds performance every now and then. It’s not an obligation to check it everyday or night, rather, it’s must be checked regularly because that’s your money and you have to take care of them 🙂
May i ask. Whats broker?? What are the steps kung pano po. For.example. pupunta po ba ako sa banks to ask kung sesell sila ng stocks? And what banks po na pwede bumili ng stocks. Pati din po pala sa mga jollibee pldt. How, who and where can i talk to? Tnx a lot. Godbless
Hi, please follow our easy guides here: https://philpad.com/stock-market-tutorials-philippines-complete-guide/
Hi Fehl,
How much is the minimum and maximum amount in order for us to invest in Mutual Fund 0nline?
hi I want to invest in stock market but I been thinking how secure is this online broker?
Hi! I’ve been reading alot of stuff about COL Financial and BDO UITF.. I just want to ask whats the difference between the two and which of them is more advisable for beginners? And same lang po ba yung process nila, meaning kung paano kikita yung money na ininvest mo? Thanks and more power!
To answer your questions, I recommend you read the related article here in Philpad “How to Invest in Mutual Fund in the Philippines, Make Money Make Millions.” You can also find it on the MONEY category above. Thank you.
Hi Fehl,
Great article. I got here because I was looking for some information about xforex. I’ve been seeing a lot of their advertising lately that’s why I got interested. Any thoughts? Btw, I am a noob when it comes to trading and I am looking to open my first account.
Thanks
Hi ! Gusto ko invest my money in stock market. Help me or please advise me what to start ?
I’m making an article about that soon. Many people have asked that a lot here kasi. Hope to see you there soon
I will wait for the article.. I hope you can help and how to do invest in stock market..
madali lang mag invest sa stock market.As easy as 1,2 and 3!
You need an accredited stock broker first like ACCORD,COL FINANCIAL,RCBC SECURITIES. These brokers are very competitive. I am now a shareholder/stockholder in Philippine Stock Market.If you have any further questions just email me.
oh sorry i didnt saw it, yeah its the same. but what site they are currently using?
Col Financial is already online now. All interested applicants for stock trading can apply and open account there. If it’s still in beta, I think they will tell you right away. 🙂 Happy trading!
hello. may i ask if citiseconline and col financial were just the same? planning to invest in stock market
Good day fehl!
I want to be a stock broker. I email PSE and one them replied to me that “Under the Securities Regulation Code of the Philippines (SRC Rules), interested parties who wishes to be licensed agent should rendered at least Three (3) years working experience in a brokering firm. ” Thus I’m looking for a brokerage firm who hires or accepts under graduate student, w/o experience and at legal age. I’m very interested to be a stock broker. Thank you in advance for your reply.
Aside from that, I know you are required to undergo and complete proper training. I admire you for working in a firm in advance to that career you want to pursue. If you’re looking for a brokerage firm, try all the ones listed above aside from applying in the PSE. Good luck and God bless!
Good day fehl,
I’m one your new followers. Your post is such a big help. I just want to ask, Can a HighSchool graduate can be a seaman? If yes, How long is the training? I really wanted to know about it when i read your post on how to become a seaman. I am looking forward yo your response. More power and thanks for sharing it to us.
Hello there 🙂 Thank you for following us here. It means a lot and it inspires me to post more… Yeah I think high school grads can enroll to the training to be eligible for seaman’s book. Should you have more questions, read and post your comment on our page https://philpad.com/how-to-become-a-seaman-in-the-philippines-requirements-training-salary-and-jobs-hiring/
good post Fehl. by the way, regarding bdo, being number one in the country does not mean that it also has number one facilities to offer. by far, they have the worst Information Technology services all across their businesses, and they are not paying attention to the IT people working for their company. The Sy family should be aware of this that they must do something about those traditional people working in their IT department.
Yes, it takes a lot of factors to be number one. Regarding their IT, that’s interesting to hear. I hope they resolve whatever that is soon
@fehl your articles are really informative thanks a lot. @ pure copper IMO bdo does not only have the worst IT services but also worst customer relations service . i ‘ve had bad experience with bdo at SM pampanga . the personnel are mostly unfriendly and not very accommodating especially kung maliit lang initial deposit tulad ko 🙁 plus when i returned a week after to claim my ATM they were offline then medyo natagalan bago ako nakabalik only to be told that i have to fill in another form and pay 150 pesos! e ang pila ay milya-milya habang yung ibang staff busy sa kaka-salamin at naguunahan mag lunch break
Sad to hear about your experience. Maybe it was a bad day? I always have great experience with them. But I agree with the long line heheh. One thing I always do though is smile and throw out some compliments when I approach a banker like “hey your curls are great! Are they natural?” LOL Trust me they would really be accommodating. Have a fantastic day and God bless you Ra! 🙂
Wow inspiring…me and my husband are one of your followers..
Tnx for some tips.
It’s a pleasure. I have added more posts about investing in the stock market. Just look over our MONEY topics. Thank you very much for following our website. It means a lot to us. 🙂
can you help me also.. i want to try that tnx
Can I get your mobile number? Tnx in advance
You can follow our Facebook page and PM us there