So far which is your top online stock broker in the Philippines

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I have slowed down a bit in writing new blog post. I have been reading forums, Facebook Group discussions, and other social media that talks about stocks specially those traded in the Philippine Stock Exchange. 
source: http://www.bloomberg.com

One surprise today is the hype with TDY(Tanduay Holdings Inc.) due to the 50% increase in market price brought about by the news that the Lucio Tan companies will be under one holding company which is TDY.
source: http://askthemoneycoach.com

It is so nice to see and read how young Pinoys from all background are now interested in the stock market. And one of the frequent question thrown at me is about which online stock broker is the best in terms of service or execution, research, and accessibility.  I tried searching a list that would rate the current online stock trading companies in the Philippines but none came. One search result is about global online stock brokers which rates Etrade and TD Ameritrade as the best. These two online stock brokers covers not only the US stock market but also other areas of the world including Hong Kong and Singapore stocks.
As for me I use two and these are COL Financial(formerly Citiseconline.com) and First Metro Securities Brokerage Corporation. I have been sharing these two including the latest upgrades done to their stock trading sites.
So far I consider these two the best site for stock trading or investing depending to which side you belong. The merits of these two top online stock trading companies has been mentioned or discuss in other blog post.  This time I want to hear from you guys.
This is your challenge.

To those who recently joined the stock trading bandwagon I would like to see your opinions by leaving comment which stock broker you use and why do you consider their site as the best stock trading site.
Your participation is a must, share your thoughts and answers to my challenge and lets expand the knowledge.
  
 
About the blogger

Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here.

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66 comments for “So far which is your top online stock broker in the Philippines

  1. August 1, 2012 at 12:28 pm

    Hi, I don’t know which is the best stockbroker since I only use COL for now, and I’ve only been using it for roughly a month, HAHAHA remember me? Anyway, I chose COL because it’s the most frequent stockbroker that I read in blogs, books, and forums. So yeah.

    BTW, do you invest in other countries’ stock exchange? That’s possible,right? HAHAHA

  2. m_surtido
    August 2, 2012 at 12:15 am

    COL Financial. Been using it for about 1-1/2 years now and so far I’ve no complaints. Funds are readily available to use as soon as you sell equities. I hear that with other online trading platforms it takes 3 days for funds to get credited to your account for using. This is inconvenient as you may lose some trading opportunities in the meantime. This is not a problem if you are a long- time investor, but if you plan to do technical trading it is best to clarify how fast you can use funds for buying and selling.

    I do intend to open an account with First Metro, just to try out their platform. My trader friends also tell me First Metro’s charts have longer time frames, i.e., 5 years as against COL’s 2 years (I haven’t checked it out in the new website yet). Although, I don’t still know what use will I have for the longer time frame, as I am not a hard- core technician (yet). I am still learning. 🙂

  3. August 3, 2012 at 10:39 pm

    hmm
    i have many now but i would recommend COL din haha
    depends on your factos though
    http://investinginthephilippinesstockmarket.blogspot.com/2011/11/how-to-choose-your-stock-broker.html

  4. jon
    August 5, 2012 at 3:43 am

    I only have COL at the moment, but I’m planning to try out other online and live broker maybe next year, on my list are angping online and accord and sunsec for live broker.

  5. August 9, 2012 at 1:24 am

    I’ve learned that COL financial offers the best- based on my reading. I am currently using BpiTrade mainly for my long term investments. I’ve always wanted to do day trading but I don’t have that much extra time (and money hehe!). Should the time come that I have them both, I would definitely go with COL Financial. I also compiled a list of Online Stock Brokers here in PH. Check The Best Online Stock Broker in the Philippines

  6. August 9, 2012 at 2:36 pm

    Hi there Arlet, of course I still remember you. For your question. Do I invest in other countries? Not yet but I am planning to. Is it possible? Yes it is possible. If your know E-trade and other brokers who lets you trade from one stock exchange or another or even lets you trade other forms of investment like forex, etfs, commodities, metals and oil and other financial instruments then you can trade in other countries as well.

    Good luck to your stock investment endeavor!!!

  7. August 9, 2012 at 2:38 pm

    Thanks m_surtido for that info regarding the stock chart period range. It does help if you are planning long term hold of the stock. You can also see how the market reacted to various cycles like the asian financial crisis.

  8. August 9, 2012 at 2:39 pm

    Salamat Pinoy investing!

  9. August 9, 2012 at 2:40 pm

    share your experience with those 2 jon, thanks!

  10. August 9, 2012 at 2:41 pm

    Thanks for your input The Prudent Ant!Lets continually sharing the knowledge about stock investment to our kababayan 🙂

  11. Anonymous
    August 13, 2012 at 8:57 am

    bpi if you want to trade in bonds, but COL for me too right now. i’m not too keen on trying out new things. if the thing i’m using works right now then i’ll stick with it. “if it ain’t broke don’t fix it” right? 🙂

  12. September 7, 2012 at 7:39 am

    If you are not well acquainted with the world of trading and stocks then it is obvious to be puzzled in choosing the right stock. So right education is necessary to find out good stocks to invest. Thank you.
    best online stock trading

  13. September 18, 2012 at 8:40 am

    For me, Philstocks ang the best online stock broker. They provide a good online stock trading platform and their customer service is good, very accommodating.

  14. Anonymous
    September 18, 2012 at 8:46 am

    I personally have a trading accounts with http://www.philstocks.ph and BPI trade…. but I am so happy with the interface of Philstocks. cool na cool! they develop the one screen do it… ang galing nga eh! Quick execution go with Philstocks!

  15. Anonymous
    September 18, 2012 at 8:49 am

    hi, just want to clarify are u a active trader? or EIP syo. i start using EIP Hindi Maganda sayang opportunity then nung nag try ako nang regular wow evolution daw. natatawa ako sa mga comment na ang COL evoluk. pero totoo nga d nmn tlga nag improve lumabas lang ticker thats its. my frend recommend me sa PHILSTOCKS.PH nung una akala ko hindi to broker online pala sya nang ACCORD they give me a good service at the same time trading has never been these easy. kakatuwa very helpful ang online nila HINDI pa tlaga kilala pero ang platform nila totally great.

  16. Jedai Solomon
    September 18, 2012 at 8:49 am

    The best Online stock broker for me is PHILSTOCKS.PH because as compared to usability and functionality of different tools and features it gives a lot of advantage compare to other, which leads me to my best decision at the right time since their platform is live data streaming, meaning no need to refresh. 24/7 pa Customer Care nila, pwede ka mag request for 1 on 1 tutorial sa mga associate nila, kaya okey siya lalo na sa mga mag-start palang. May FREE Seminars sila about Stock Market 101 after pwede ka din magpa-reserve for Funda and Tech Analysis 101 for FREE. At ang balita ko maging available na sila sa appstore sa Android at IOS.

  17. Jedai Solomon
    September 18, 2012 at 8:58 am

    Oh!, just to add, I’m planning din to open an account with other broker for the future, the more the merrier pero definitely, philstocks.ph muna gamitin ko as my primary. =)

  18. September 18, 2012 at 1:07 pm

    Whoa lost of comments!

    I don’t have Philstock yet but will see in the future. I know most of the enhancement in COL is the look and just a little tweaking of the old features. But lets see.

    EIP users are for those who are not comfortable watching the stocks market as it moves. They are more on the accumulation type. As for me if you have read an old post mine I ma both trader and investor. And I guess as we learn the ropes of the stock trading/investing we tend to fine tune our skills unlike before that we are so excited following rumors and always in front of the screen hoping for a big gain for the day.

    Again thanks to your inputs guys, I hope the guys in COL also read this so that they can improve their interface and their service as well.

  19. Violet Viola
    September 26, 2012 at 11:04 pm

    Hi, i’m just about to start investing and a friend of mind told me that First metro has the most “user Friendly” platform. so i guess, i’ll have that for now and see if i’ll explore the others in the future. 🙂

    • September 27, 2012 at 4:50 pm

      That is a good move Karla. FMS or First Metro Securities is indeed simple and user friendly and the plus side is that if you are a “Technical centered Investor” meaning you rely heavily on technical analysis specially reading stock charts FMS has the 10 year stock range unlike COL which is only up to 3 or 2 years I guess. Start that is the important thing, I also hear Philstocks to be user friendly but I don’t have one… I hope you get your expectations with FMS and please share your experience back here

  20. zhian
    April 6, 2013 at 1:57 am

    philstocks.ph.. very friendly sila. i tried dati iyong 7days trial, then i text them n nalilito pa ako, then sabi nila pwde daw 1on1 tutorials. aside from that, available na app nila sa mga smartphone users. 🙂

  21. Nate
    May 13, 2013 at 9:38 pm

    Philstocks.PH the best! Hindi nag hahang unlike COL. ganda pa ng interface.

  22. Dhadha09
    May 21, 2013 at 11:02 am

    Currently i’m using COL financial because it is so popular, but eventually i’m moving it to First Metro Brokerage since it has direct access in Mutual Funds (FAMI - First Metro Securities) and online bank (Metrobank). No hassle when you sell your MF and Stocks, it goes directly to your bank accounts and no faxing of papers. It just very convinient for me. One thing though, First Metro Brokerage should improve your iPad app.

  23. Chin Chin
    May 29, 2013 at 11:16 am

    Hi, readers! =)
    If you’re interested to invest in the Philippine stock market, you can also check the Philippine Stock Exchange’s Market Education website: http://www.pseacademy.com.ph
    Thanks!

  24. ROGER PARDILLO
    October 14, 2013 at 2:43 pm

    For me It is not important which online broker you use. They are all offering the same purpose to let you buy/sell stocks in the PSEI. They also charge the same. What is important is you know which stocks to pick and when is the best time to sell. For a new investor this is difficult and you might end up losing your money in the stock market. That is why what is important is the guidance you can get not only from your broker but some experts like BO Sanchez of his Truly Rich Club.

  25. Silver
    December 20, 2013 at 4:26 pm

    One very important checking to do in broker selection is to check their actual schedule of “cost of acquisition” in your portfolio if the same as disclosed in their public FAQs published in their website. Some have hidden cost and if it is undisclosed, ask yourself if it is worth keeping such. It is highly necessary for investors not to rely on what the broker’s website tells, the critical point to verify that their claims of putting their client’s interest first priority remains something to be threshed and revealed if it contains the same grains as stipulated. Otherwise, you rely wrongly on bloated words and trapped within lure of advertisement strategy.

    It is personal diligence that works in personal investing, brokers exist for their companies. Use their leverage but do your homework. If Warren Buffet’s simple principle that brokerage firm treats their clients in the basis when their situation is reversed, I believe it describes the best broker.

    Being said, advising investors that any broker will do and selection does not matter has no determination to exercise due diligence.

    • January 5, 2014 at 4:25 pm

      Silver, those could have been wise words, but you should have backed up what you said with actual names of online brokers that make use of “bloated words” and “trap” investors by means of “advertising strategy”.

      But since you did not name names, then everything you said were just as useless as Roger’s (which seem to be what you were speaking against.)

  26. victoria
    January 14, 2014 at 1:46 pm

    hi im interested in investing a small amount but i dont know where to put it, i keep on reading here on the net regarding the best brokers where to invest to, and until now, so confuse, besides that i dont have the thorough knowldege, im considering FAMI, bpi and col, so any advised???

    • January 15, 2014 at 6:35 pm

      Good day victoria,

      Thank you for considering investing in our own stock market. The very first thing you have to think of is that you got to ask yourself if such investment(no matter how small it is) is free cash(read the first rule of investment and the rest of the 7 rules here).

      With that I suggested you open your brokerage account first but don’t invest yet. Again I don’t really have a direct advice since I only have two up to date. Check out the sites of the brokerage firms mentioned here and open a test or demo account. Try to feel their site, try to navigate it and after careful weighing in choose what is convenient and easy for you to use. If by “easy” means that you can easily transfer additional investment through your bank check out each broker how they accept their fund and as well check your bank if such broker is included in their list of accredited partners.

      After opening learn as much as possible. As you see it somewhere in the internet or FB for that manner they always say “ARAL MUNA BAGO INVEST”. Yes you got to learn how does stock investing really works whether indirectly through mutual funds or UITF(Unit Investment Trust Fund) or directly through a stock broker.

      So again:
      1. Which broker? - set aside time to check each broker. And open one which you think you can easily understand and convenient for you(hint: easy transfer of money through your bank 🙂 )
      2. Confuse? - don’t buy stocks right away. Just open your account and set aside time to learn. Don’t rush it just learn whatever you need to learn one at a time. With that you got to make time for your learning. A good 10-30 minute Youtube video explaining stock investment is a good start(hint: search Pesos and Sense, ANC’s Headstart with Karen Davila, and ANC’s On the Money). Also read books(you can tambay sa National bookstore if you don’t want to buy one or search free and leak ebooks online 🙂 )

      Hope this long comment helps victoria. If you still have question keep it coming and I or somebody might give the answer you are looking for. Also look out for free seminars(yes there are free seminars on stock investing here in manila which are usually about 2-4 hours long).

      • April 22, 2014 at 5:43 pm

        Philstocks.ph offers Free Seminars on Stock trading, just check their website for schedules.

  27. January 31, 2014 at 5:53 pm

    @Louis,

    Can you confirm whether FMS has 10-year charts? m_surtido said in his earlier post that FMS only has 5 year charts.

    Me and my friends are looking for other brokers to try.

    Thanks

    • February 1, 2014 at 9:03 am

      Good day Trading Phoenix,

      Thanks for sharing your ideas in my blog, I am guilty of not keeping up the blog lately 🙂 will try to keep you all guys up to date. On the other hand I just checked my FMS account and the chart does show a 10 year data and even up to 1985 if such company was already listed in 1985.

  28. Techie
    February 9, 2014 at 7:18 pm

    You can open your ETRADE account to trade on stocks in the US from this link https://global.etrade.com/gl/products-services. I have opened mine from here.

    • February 10, 2014 at 4:22 pm

      Thanks Techie!

    • Royskie
      April 29, 2014 at 12:09 am

      What about loyal3? https://www.loyal3.com/?ref=pu_NSDca_STOpl_BCT they don’t charge a fee for trading but I have not tried it yet… Anybody using this for US market?

    • Kz
      November 18, 2014 at 1:41 pm

      Ms. Techie how long have you been using Etrade for the US stocks? Can you share more. I am planning to open account. Thanks

  29. apriljoy
    April 6, 2014 at 3:16 am

    Hello laking tulong po ng site.. actually kunti lang po amount ko pero gusto ko po tlga matry..pede po ba ako magopen both sa colf and fms? Mejo interested ako lalo na po sa longterm investmnt kase po ofw ako.super bago lng po ako about sa ganito..kya lagi po ako magbbasa ng site nyo

    • April 6, 2014 at 7:51 am

      Salamat APriljoy,

      Thank you for reading the blog, I hope nakatulong po ako at ang blog in our own little way of educating our kababayans about the stock market dito sa Pinas. Pwedeng pwede po na magopen kayo ng dalawa or madami pang account basta bat maaasikaso nyo from time to time. The problem with so many accounts at times is that you get to confuse to the point na maburn out ka kakacheck status ng mga yan. FOr long term purpose one would be ok.Ang importante ay ung pipiliin mong stock for longterm. It should be a stock or group of stocks that would survive any bear market that after 5-10 years ay still nandyan at will still give you dividends sa mga panahon na un(di ba nakatali ung pera mo kaya dapat kahit papano may dividends para kahit taas baba ang price ng stock may kita pa din).

      Thank you very much and God bless you in your plans!

  30. Kat
    April 7, 2014 at 9:26 am

    I am loving the platform of philstocks.ph 🙂 Simple lang at madaling intindihin for a newbie like me

    • April 7, 2014 at 9:35 pm

      With the new platform in PSE sooner more and more brokers will offer online brokerage services to reach more Pinoys. Indeed this is exciting as we near the ASEAN integration as well. There will be a unified exchange for all member states(The ASEAN Exchange now only has few members currently participate while others are preparing for the 2015 integration).

  31. John
    April 21, 2014 at 2:58 pm

    Kelangan paba talaga mamili ng broker? or kht ikaw nalang mag isa? nag plaplan plang kasi ako mag start mag invest.

    • April 21, 2014 at 8:45 pm

      Yes John,

      You need an accredited broker to transact with the PSE unless you are an accredited broker yourself. Some who started as investor-broker eventually created their own brokerage firm not only to trade their own money but also to have bigger funds to really make those buy and sell that really has a big impact.

  32. invictus
    May 9, 2014 at 3:46 pm

    hi there for me i more prefer philstock.ph it is quite simple and friendly user. it offers more convenience in easy program. even the trading live program there is quite effecient and easy to execute. they capable of making a complicated things of trading into much comprehensive one of execution.

    • May 9, 2014 at 9:13 pm

      thanks for the input invictus!

      • Ryan
        June 8, 2014 at 6:57 am

        sir can i ask you something 5k yung minimum right? may live chart data na po rin po ba yan? kase sa iba pong stock brokers 25k yung makikita mo yung live chart data nila pag 5k minimum end of day charting data yan sir diba? or iba po sa philstocks? im reading few stock brokers kase sir sa forum nila and sa services nila and i have to collect some information and tips sir kase I plan to open an account and invest napili ko philstocks na mag open ng account nababasa ko sa forums lahat positive feedback and good services lalo na sa mga mag ffirst time mag invest katulad ko sir. rply po kayo sa ask ko sir 🙂

        • June 8, 2014 at 5:21 pm

          Hi Ryan,

          I am not sure with the live charting. I use COL and FMS. I open my COL when I was working outside the Philippines so it was the 25k account. Still I use the same charting and I never really use the live chart. But I guess if you adjust the date range into 5sec it would show as if it is a live chart. But again I am not sure. Would like to ask the help of our other readers if they have any idea bout this. Thanks for your help in advance.

        • Herbert
          October 11, 2014 at 12:48 pm

          Hi Ryan,

          Try Philstocks.ph from Accord, I’ve been using it for 4 years now. User friendly ang platform nila at ang dami nang improvements, may IOS at Android apps na rin sila, may day charting pero maliit but may Day Table list naman sila ng buyers and sellers live with volume and average price, may charting din sila upto 10 years depende sa security ID. For me the best online stock broker ay Philstocks.ph at COL, mas mura nga lang sa PhilStocks.ph kasi 5,000 lang pwede ka nang mag live trade as compared to COL na may 25,000 initial pang nalalaman same lang naman pero may 5000 initial din naman si COL; but still the same BUY and SELL lang naman ng equities yan eh (visit both site for more info).

  33. jamesvmm
    November 1, 2014 at 7:24 am

    I’ve been meaning to invest in a long time but I only had time now to follow-up on my reading. This blog has been a really great help.! I just want to commend you on a job well done. Keep it up!

  34. Tom
    January 28, 2015 at 5:15 am

    I do have COL and FirstMetroSec. Both have great interface and dunno how fast in Philippines but where I’m at its both fast enough. Only difference I guess is where your bank account is. I do MetroBank so I go FirstMetro as primary online broker. FirstMetroBank also has larger historical data so it gives better perspective of how it was performing for the last many years. It is important to know where it was to see where it goes to. Both brokers are actually great so I do not want to diss the other for the other as I have put money on both.

    What matters is you get stable internet and good perspective of what you are doing.

    I would cringe to think that when I’ about to push my buy, my internet decides to hang up.

  35. Mer
    February 6, 2015 at 12:23 am

    Hi for me, Philstocks. They have live streaming as if you are viewing the actual pse platform. I have bpi trade and its great too but you have to refresh to see stock price changes, with philstocks no need to refresh. They also have phone app so you can view status of your stocks anytime, anywhere 24/7. They have this weepay real time funding as well, using your atm card, once you execute the debit from your bank acct, you’ll see the funds ready for trading and no need to wait banking day/s to reflect on your trade account. I’m still using bpi though for long term investment.

  36. March 13, 2015 at 9:23 am

    Hi! im 21 a fresh-ish college graduate and been working now for a year already i have my saving nadin also and work. I have a question since my Savings Bank is BDO. is there a stock broker na affiliate ang BDO para yun nga as you said sa thread (EASY TRANSFER OF MONEY TO YOUR BANK)

    Other questions:

    1) Mas okay ba na hiwalay yung actual Savings Account where you put your money sa Account mo na pambili ng stocks? (I need your inputs this one)

    2) If in case i opened an account from a STOCK BROKER FIRM (I.E COL) can i access other buyer/seller from different stock broker firm when the time comes that i need to sell or buy equities? are they sync to each other?

    3) Im planning to open an online access to stock? which stock broker would be okay? Which is the number one stock broker firm? In the context of volume of clients and best customer satisfaction?

    4) I admit im a newbie, any inputs? i really need an advice where to invest and when? I preffer stock broker firm not only who will give me access to Stock market but also there to give inputs if its a good buy or not?

    5) Any ADVICE for a newbie?

    PLEASE HELP 🙁

    Thank you so much!!!

    Tim

    Email me: [email protected]

    • March 13, 2015 at 12:46 pm

      Hi Tim,

      It is good to know that at an early age you are already starting working for your retirement.

      As for your question let me try my best to answer them.

      1. BDO online broker affiliate - I am not sure which of the online brokers accredited by the SEC have direct link for fund transfer facility. Most of the online brokers can accept transfer from any bank as if they are suppliers/bills(you can transfer funds to COL this way). First Metro on the other hand have direct link with Metro Direct of Metrobank.

      2. Putting your savings account money and stock investment fund into different accounts is your choice. Some find it convenient and manageable while others a hassle. For me if it is not a hassle for you to transfer your payroll to a separate account for either savings and investment fund then do so for segregation purposes and to avoid accidentally spending your investment fund.

      3. Not quite sure what do you mean in your question No. 2 above. In your broker’s interface you can see the top buyer and seller of a certain stock.. I am not sure if they have a as it si happening liest of who has bought or sold the share. Mostly there would be report of top buyer and seller of the shares at the end of the trading day.(hope this is the right answer you are looking for)

      4. I cant recommend any stock broker that you would say best but to date I guess COL Financila is still the biggest online brokoer(yup online broker but there are other brokers which might be bigger but does not offer online trading)

      5. Always learn first before you invest. Read the business section of the newspaper and watch business news. You have to have the whole idea what the company is all about and how it is going to be in the next years. We were all newbie ones and the hard part of learning is failing. You learn from your failures. In the stock market you will surely have many failures… you will fail but always remember the lesson from it and use that one to be better at it.

      6. Advice. Read the book The Richest Man in Babylon. Absorb as much lesson about how to handle money. How to save it, how to get information on how to make it grom from the right people, and how you can make it work for you.

      Hope all this helps Tim!Good luck!

  37. Timothy Alcantara
    March 25, 2015 at 10:46 am

    Hi Sir! Thank you so much for your insights! As of today, i am waiting for the scheduled seminar of COL. Also, im planning to start to buy UITF at security bank. Obviously, i have alot of questions.

    1) can we measure a UITP when and what to buy? Can we use Tevhnical Analysis to this? Since its a diverse investments?

    2) what are your tips in having UITF? do you have a preffered bank? As of today, im planning to buy 10k UITF at Security Bank.

    Any inputs?

    Thank you!

    Tim

  38. Emmanuel
    April 3, 2015 at 4:09 pm

    Hi, how frequent are EPS distributed? monthly, quarterly, or yearly?

    • April 4, 2015 at 2:00 pm

      HI Emmanuel,

      Medyo naconfuse ako sa tanong mo. Is this EPS as in Earnings Per Share?Sa how frequent ang tanong mo ba ay kung kailan nacocompute ang info na ito?

      Basically since most listed companies are required to file witht he SEC quaterly so the EPS value could be computed quarterly. Other agencies like bloombreg make estimates to give that info. BUt the best data is the annual data given after the compnay finalizes its FS.

      Hope I did answer your question Emmanuel.

  39. Daniel Nexus
    April 3, 2015 at 10:05 pm

    Hi, Good MOrning! 🙂

    I graduated last year..
    After my resignation from BPO industry I decided to keep my money in the bank so as I opend an account for BPI family savings bank..i talked to a staff from BPI because I want to gain a high interest rate..so she let me know about that..stock market…
    Today i am not sure where to start is it in colfinancial or BPI trade…
    In COLfinancial, i don’t know yet if there is office here in Bacolod City Negros Occ. For they require to print out the online application together with the signature cert.

    WHat are other alternatives.. is it good to use BPI trade instead or..what should be the best… I am new to this stock market-a way of investing…

    So please help hhehe
    You can email:
    [email protected]
    THANK YOU 🙂

    • April 4, 2015 at 2:13 pm

      Hi Daniel,

      I am not sure with BPITrade since I haven’t used there services. The problem on the other hand with COL is that you are not sure if they have an office there in your location. Why don’t you email COL directly so that they can answer your query. I am sure they have means to receive your application. If not then you can try Firts Metro or BPI as weill and if you are not satisfied try opening other. Most online brokers are actually the same. The only difference i guess is in their platforms and customer service 🙂

      Hope this helps.

  40. March 2, 2017 at 4:16 pm

    COL Financial ang gamit ko, OK sya kung analysis ang hanap mo, available agad sa platform nya, pero kung gusto mo iset up ang trade mo for stop loss, sorry… this kind of order wala sila.

  41. Angelo Suril
    April 17, 2017 at 4:29 pm

    Planning to open an account, I was wondering if ok kaya s RCBC Securities? I was considering it because a have an account on their savings bank.

  42. July 17, 2017 at 6:36 pm

    Hello, I am currently with a Online Trading Platform that I don’t want to mention as my trading platform. However, I am frustrated. Their platform is limited in its ability. And I am looking to find a better platform for my needs. 1. I need a platform that will allow me to initiate short orders (borrow stock on margin at a strike price and then pay for it - hopefully at the lower price - with a realized gain). 2. I am looking for a platform where I can initiate the buy order immediately at the market price instead of trying to place a price point and constantly missing that price point. - I would just like to have the buy order executed at the opening. 3. I would ask for a platform that allows me to set the buy and sell price along with a stop loss setting at the time of order. Meaning in one transaction I can buy the stock - set the sell price (fire and forget) and if a lower price hits - cut the losses and set a stop loss point to get out at. Along with incremental sell points i.e. sell 100 at x price and another 100 at X+5Php price. Lastly, I would ask for a good broker who knows what equity based funds I can invest i - like First Metro Philippine Equity Exchange Traded Fund, Inc. or a broker who has research on good Equity funds I can invest in. - I am very frustrated at this point and I would like to increase my holdings in certain areas but I do no feel.. I can do this with my current broker - but I need to know who I can go to. I really appreciate your feedback at this point.

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