List of Accredited Online Trading Brokers in the Philippines 2020

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.

list of online brokers philippine stock exchange
Philippine Stock Exchange in Makati City CC BY Flickr

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.

BrokerWebsiteMinimum Deposit to Open an account
AAA Equitieshttps://aaa-equities.com.phP20,000
AB Capital Securities, Inc.www.abcapitalonline.comP10,000
Abacus Securities Corp.www.mytrade.com.phP10,000
Alpha Securities Corp.https://alpha.psetradex.phnot mentioned
AP Securities Inc. (formerly Angping & Associates Securities, Inc.https://www.aps.com.phP5,000
BA Securities, Inc.https://baseconline.psetradex.phnot mentioned
BDO Nomura Securities, Inc.https://www.bdo.com.ph/bdonomura/none as long as you have BDO Online Banking account
BPI Securities Corporationwww.bpitrade.comnone if you have BPI account
Coherco Securities, Inc.www.cohercotrade.phP150,000
COL Financial Group, Inc.www.colfinancial.comP5,000 for EIP; P25,000 for Active Traders
DA Market Securities, Inc.https://itrade.phP100,000
Eastern Securities Development Corp.https://www.eastern-sec.comnot mentioned
F. Yap Securities, Inc.www.2tradeasia.comP25,000
First Metro Securities Brokerage Corporationhttps://www.firstmetrosec.com.ph/P5,000 for new clients
HDI Securities, Inc.https://hditrade.psetradex.ph/P25,000
Investors Securities, Inc.http://investorsonline.psetradex.phP25,000
JAKA Securities Corp.https://jakaseconline.psetradex.ph/not mentioned
Lucky Securities, Inc.https://luckyseconline.psetradex.phnot mentioned
Maybank ATR Kim Eng Securities, Inc.www.maketrade.com.phP25,000
Meridian Securities, Inc.https://msitradeonline.psetradex.phP25,000
Optimum Securities Corporationhttps://optimumonline.psetradex.phnot mentioned
Papa Securities, Corp.http://www.p2ptradeonline.phP5,000
Philstocks Financial, Inc.www.philstocks.phP5,000
RCBC Securities, Inc.www.rcbcsec.comnot mentioned
Regina Capital Development Corp.https://reginacapital.psetradex.phnot mentioned
Timson Securities, Inc.https://timson.com.phP25,000
UCPB Securities, Inc.https://www.ucpbsec.comnone if you have UCPB account
Unicapital Securities, Inc.www.utradeph.comP10,000
VC Securities Corp.http://vcsecurities.bizP10,000
Wealth Securities, Inc.https://www.wealthsec.netP10,000

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.

Fehl is the founder of Philpad. She has a 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 vlog.

165 thoughts on “List of Accredited Online Trading Brokers in the Philippines 2020”

  1. Dear,

    Just to inquire from once we bought shares of stocks in PSE, Do we receive state regular statement of account from the companies we invested like Ayala and SM? Another question do we receive dividends every year?

    Thank you very much

    Reply
    • Hi, yes you will receive Statement of Account regularly. They are usually provided via email or via your online trading account. Dividends are issued depending on the stocks you have. Cheers!

      Reply
  2. Hi.
    Im a very much interested to invest. is there a chance for further orientation regarding investment.

    thank you.

    Reply
  3. Hi Fehl,

    I just newly found out about stock exchange and I’m totally interested in it. I’m still a student in college. For a starter, How should I start and where? Is there any seminars that I can attend to? Also, is there any local stock broker in Cebu that I can apply for? I tried to search it in Google and couldn’t find answers. I’d love to learn and earn money through investment. By the way your page is really cool and interesting.

    Reply
  4. Good day Fehl.

    Have you ever tried investing in countries outside the Philippines? I’m already investing here in the PSE but I also want to try other stock exchanges outside the country, especially those that allow short-selling to maximize gains even during a downturn. Do you have any insights about where to start, such as, information about countries that have lesser taxes, reasonable regulations, relevant stock exchanges, and their corresponding brokers? Any suggestion is very much appreciated.

    By the way, you have a great website. Very organized, professional in presentation, and simple yet full of wonderful content.

    Cheers!

    Reply
    • Hi. I have been invited by some brokers abroad but did not try it yet. Perhaps in the future but it’s not my priority right now. Thank you Jay-R

      Reply
      • Hello Fehl, there are over 40k financial instruments you could choose from world wide. do you have any country of preference? Around the region, here are the list of countries you could explore than offer both buying long and selling short…

        Singapore equities, Japan, Malaysia, Thailand, Australia.

        The approach ideally to get started is to find out the GDP of each country you wish to explore, it’s a way to generate ideas for you, and going down to the most fundamental analysis at both macro and micro economics, then the technical analysis of the pricing volatility and so forth.

        Happy hunting… cheers!

        Reply
    • i invest in us stock market in 2016, well a big difference in Pse. but in order to that, you must comply the basic requirements. like dollar account. TIN identification, fill up w8ben form etc. and the only way of funding or withdraw fund is international wire transfer.

      Reply
    • Me either. I am interested in trading, I am searching for a broker to guide me. I am first timer and I want to learn. Anyone can help me please?

      Reply
  5. Hello, according to RCBC’s ezTrade Tutorial (pdf file, not sure if i’m allowed to post links here but it’s in RCBC Sec’s website) the minimum initial deposit is Php10000. Hope this helps 🙂 I’m with COL and they’re really good, pero naghahanap ako ng broker na may matinong app.

    Maybe you can make a list of that as well, ma’am. Cheers.

    Reply
  6. Which of these online trading brokers trade in the international market, specifically the Hong Kong market, Australian market, and NYSE?

    Reply
  7. hi,i am a beginner and i want to know more about this investing in stock market, paano ba maginvest dito, sino pwede ko econtact ,may mga seminar ba ni inoofer dito sa davao?looking forwrd 4 ur answer,thanks

    Reply
  8. Can a foreigner (non-filipino and non-resident) invest through an online broker such as the COLfinancial.com? I am thinking I can only fund it with certain filipino banks and that is difficult for me to obtain here.

    Reply
    • I only know the main Xtrade which is from the UK. I did not see Australia from their list of countries so have a doubt and double check it

      Reply
  9. good day po madam, i’m a fresh graduate of Financial Management and would like to invest in stocks. but unfortunately i don’t know where to begin with. i’m really desperate to learn how, can you help me with it ma’am? i would love to hear it from you po. more Blessings to you:-)

    Reply
  10. hello mam Fehl, ask ko lang po if it is possible po and if it is ok to invest a large amount of money like 100k right away upon registration po sa preferred na broker ko like COL tpos di ko na po xa dadagdagan kikita po ba yang 100k ko after a year or so?lets say 5-10 years po? meron po bang program ang COL about dyan sa 1 time big investment. Anu po sa tingin nyo? or mas maganda e 5k muna? tpos 5k/mon na for 5-10years? san po ako mas kikita..

    Reply
    • It depends on you kung saan mo ilalagay ang investments mo. Financial brokers are there just to guide you and process your investments. Depende rin sa galaw ng merkado at inflation rate kung mas magandang isang bagsakan o pakonti-konti ang lagay ng pera. I supposed you already have your emergency fund kaya gusto mo na ilagay sa stocks yang sobrang pera mo.

      Reply
  11. Hi! Nabasa ko ung mga comments posted here and it seems na meron kang malawak na kaalaman regarding stocks trading. I have something to ask regarding my father’s stocks din po sa isang company pero may mga subsidiary ito. Nahalungkat ko sa baul nya na meron syang mga certificate of stocks since 1970’s up to 80’s, Pero he died last 2001 hindi na namin na tanong sa knya kung yun’ ay mapakinabangan pa. Paano ko malaman if those are still active dahil inabot na ng decada at mapakinabangan pa ba naming mga anak nya?

    Hope you can help me to find an answer with regards to this.

    Thank you. God Bless and more power!

    Reply
    • Hi, as far as I know, puwede mong ilapit sa kahit sinong broker yan para sila bahala mag assess and take the necessary “liquidations” (dunno the exact term for this) ng mga certificates na yan… punta na lang po kayo ng PSE para magpatulong dun sa certificates…

      Goodluck nga pala sa inyo, sana nga mapakinabangan pa, malaki-laki rin siguro yan… 70’s pa… 😀

      Reply
  12. Hi I am new at trading. When I go one of those brokers. Am I the one who will do the tradings? Or someone will do it for me, and the only thing that I will do is to invest or buy the stocks. Please enlighten me. Thanks.

    Reply
  13. good day!

    question regarding the fees. is it like buying credits for me to trade online or is it just like a broker fee not the actual investment or it is already the investment it self?
    Thanks

    Reply
    • The fees are broker’s commission fee, VAT, PSE transaction fee, SEC Clearing fee and Sales tax (if selling). You have to pay those for every trading transaction. No worries, they are very small fees

      Reply
  14. Hi Ms Fehl,

    Your article is very informative. I just want to ask if i start investing P5,000, do i have to deposit money monthly?
    or i will just put an additional deposit anytime?

    Thank you in advance and Merry Christmas!!! 🙂

    Reply
    • You can invest anytime you want, it’s your choice 🙂 Although I recommend you do it periodically or monthly to build more millions 🙂

      Reply
  15. Please check also this new investment online. JAKA Securities investment meron din sila. baka ma review nyo rin yan para sa akin at sa lahat ng gustong mag invest nito. easy lng kasi sa kanila kasi may app sila sa google play.

    Reply
  16. How much is the minimum deposit to open up an account of BPI Trade if you do not have an existing BPI account?

    Thanks. More power to you!

    Reply
    • Open a savings account in BPI. I think 5000, you can open one. For OFWs, I think 500 meron yan sa BPI pero may papers required for OFWs.

      Reply
  17. dhole

    maam kailangan ba 5000 kada buwan ininvest hindi ba pwede 3000 sa susunod? at kung huminto ka ito bay tuloy tuloy ba sa paglago?

    Reply
  18. Good day, Ms.Fehl,
    Isa po akong OFW at present i am working here in Riyadh. Nais ko lang humingi ng advice po sa inyo tungkol po share of stock kong mayroon po ba akong prebelihiyo na makarecieved ng dividendo, kasi po Maraming taon na ang nakakalipas at until this time wala pa po akong narerecieved na didividendo sa Manila Bankers Insurance Corporation. Minsan po nag follow-up po ako sa MBIC ang sabi po sa akin noong Executive Secretary ng Manila Bankers, wala daw dividendo yong share of stock na nabili namin. Totoo po ba un sinasabi sa akin noong executive secretary. kong mayroong dividend ano po ang aking first step na gagawin kong mayroon akong makukuha na dividendo sa kanila.

    Thanks…..

    Regards and God bless us always

    Reply
    • Hi, Arnel. Lahat ng companies na may stocks ako ay dividend na binibigay. You should check first kung ngbbigay sila ng dividend or not. Pwede mo igoogle ang name ng company, then add mo lang sa search mo “dividend” or pwede din “stocks dividend”. May mga websites din na may list ng mga companies and schedule Kung kelan sila mgbbigay ng dividend. May mga announcements pa yan minsan Kung how much ibibigay nila or how many times a year. Search mo Lang. Goodluck!

      Reply
  19. Hi Ms. Fehl, let say kumita ako sa stock trading, may mga changes ba ung broker pag-iwithdraw mo na ung na-earn mo?

    Reply
    • For every trade transaction, there are charges like commission, VAT, PSE transaction fee and SEC clearing fee. No worries, little fees lang naman yan

      Reply
  20. 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

    Reply
    • You need to open an account for First MetroSec. That is the online trading platform of Metrobank. Their website is firstmetrosec.com.ph

      Reply
  21. 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?

    Reply
  22. 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.

    Reply
    • 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.

      Reply
  23. 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…

    Reply
    • I personally don’t know how coz I use stockbroker. It will be much easier with everything if you find a licensed broker

      Reply
      • Let me take the liberty of answering this question, Ms. Fehl:

        Hello Marilyn! Are your shares in a form of a stock certificate? Or is a broker holding your shares for you?

        Because if it is in stock certificate form, meaning you actually have the paper certificate indicating your ownership, then depositing it in one of the listed brokers in this article would allow you to “trade” it. Trading it can mean either selling that stock in the open market, or buying more of those shares and other companies’ , too if you so choose. Each broker has its own procedures on depositing these certificates so check on their website for particulars.

        Otherwise, if you do not have the paper certificates, then you most likely have your shares held by a holding firm designated by Meralco. If this was the case, contact the investor relations department of Meralco to find out where your shares are being held – and your options on selling the shares.

        Reply
  24. 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.

    Reply
    • 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

      Reply
      • 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?

        Reply
          • You first have to determine where you want to buy your shares. If you want to buy the Jollibee stock that is trading in the Philippines, then the brokerage account you have to open would be a Philippine broker. You would have to note that Jollibee is also trading the US markets (there are two, both trading separately.) Also, since all these stocks are trading separately, even if they represent ownership of just one company, the prices can change at different rates and at different directions (up or down.)

            Since you mentioned you are in Toronto, you are most likely to open an account with a Canadian broker – but you have to look up brokers that can trade the stock at the market you choose. Or, you can open an account at a broker in which country the Jollibee stock you want to purchase, and ask if they can open an account for a Canadian resident.

  25. 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.

    Reply
    • 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.

      Reply
  26. 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

    Reply
  27. 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

    Reply
    • 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. 🙂

      Reply
  28. 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…

    Reply
    • 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!

      Reply
  29. 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.

    Reply
  30. 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

    Reply
    • 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.

      Reply
  31. 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.

    Reply
  32. 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.

    Reply
    • 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.

      Reply
    • You can directly ask your broker how you can withdraw your earnings. They have staffs who can help you with your question.

      Reply
  33. 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.

    Reply
  34. 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! 🙂

    Reply
    • 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 🙂

      Reply
  35. 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! 🙂

    Reply
  36. 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!…

    Reply
    • 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!

      Reply
  37. 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! 🙂

    Reply
  38. 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.

    Reply
    • 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 🙂

      Reply
  39. 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

    Reply
    • 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!

      Reply
  40. 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.

    Reply
    • 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)

      Reply
    • 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…

      Reply
  41. 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.

    Reply
    • 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 🙂

      Reply
  42. 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?

    Reply
    • 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!

      Reply
  43. 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.

    Reply
    • 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.

      Reply
      • 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.,

        Reply
        • 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 🙂

          Reply
      • 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

        Reply
  44. 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!

    Reply
    • 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.

      Reply
  45. 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

    Reply
    • 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.

      Reply
    • 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!

      Reply
  46. 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.

    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!

      Reply
  47. 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.

    Reply
  48. 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.

    Reply
    • 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

      Reply
    • @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

      Reply
      • 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! 🙂

        Reply
    • 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. 🙂

      Reply
      • Hi Fehl,

        i have read some of those who use to ask and share ideas about online trading and investments,presently i.m working as an Ofw and i have been looking into these international brokers and some of their modern platforms but i haven’tried yet in any of them,so i just need to to hear from you or possibly a suggestion in order for me to start in investment with a good and reputable broker in which i plan to invest with,So which is the best to start,Is it with online brokers or with the local banks who offers online trading,hope to hear from you and have a nice day..

        Reply

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