Back in 2009, we listed down Philippine stock brokers offering then an online trading platform. Times have changed and, four years later, more brokers have started offering online trading, with some attempting to differentiate their service.
We compiled and summarized below the list of current online brokers in the country, together with some basic information about their service. Hope this helps budding stock traders decide the best online broker for them.
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AB CAPITAL SECURITIES, INC.
Broker ID: 112
Units 1401-1403, 14th Floor Tower One & Exchange Plaza
Ayala Triangle, Ayala Avenue
Makati City, Metro Manila 1226
Telephone: (632) 898-7555
Email: customerservice@abcapital.com.ph
Website: www.abcapitalsecurities.com.ph
Minimum Investment: PHP 50,000
Broker’s Commission: 0.25%
Account Funding: Through Metrobank
PMT Forum Discussion: Online Stockbrokers
ABACUS SECURITIES CORP.
Broker ID: 102
2904-A East Tower, PSE Center
Exchange Road, Ortigas,
Pasig City, Metro Manila 1600
Telephone: (632) 667-8931
Email: customerservice@abacus-sec.com
Website: www.abacusonline.com.ph
Minimum Investment: PHP 10,000
Broker’s Commission: 0.25%
Account Funding: Through Metrobank, BDO, RCBC
PMT Forum Discussion: Online Stockbrokers
ACCORD CAPITAL EQUITIES CORP.
Broker ID: 103
G/F Unit EC-05B East Tower
Philippine Stock Exchange Center
Exchange Road, Ortigas Center
Pasig City, Metro Manila 1605
Telephone: (632) 588-1900
Email: info@philstocks.ph
Website: www.philstocks.ph
Minimum Investment: PHP 5,000
Broker’s Commission: 0.25%
Account Funding: Through BDO and BPI
PMT Forum Discussion: PhilStocks.ph
ANGPING & ASSOCIATES SECURITIES, INC.
Broker ID: 110
20/F The Peak
107 L.P. Leviste St. Salcedo Village
Makati City Metro Manila 1225
Telephone: (632) 848-2915
Email: angping.online@angping.com.ph
Website: www.angpingonline.com
Minimum Investment: PHP 5,000 (for students); PHP 15,000 (for professionals)
Broker’s Commission: 0.25%
Account Funding: Through Metrobank
PMT Forum Discussion: Online Stockbrokers
BPI SECURITIES CORP. (BPI TRADE)
Broker ID: 126
8th Floor, BPI Bldg.
Ayala Avenue cor. Paseo de Roxas
Makati City, Philippines 1226
Telephone: (632) 89-100
Email: bpitrade@bpi.com.ph
Website: www.bpitrade.com
Minimum Investment: No minimum, but account must be funded to trade
Broker’s Commission: 0.25%
Account Funding: Through BPI
PMT Forum Discussion: BPI Trade
COL FINANCIAL GROUP INC. (CITISEC ONLINE)
Broker ID: 203
2401B East Tower, Philippine Stock Exchange Centre
Exchange Rd. Ortigas Center
Pasig City, Philippines 1605
Telephone: (632) 651-5888
Email: helpdesk@colfinancial.com
Website: www.colfinancial.com
Minimum Investment: PHP 5,000 (COL Starter); PHP 25,000 (COL Plus); PHP 1 million (COL Premium)
Broker’s Commission: 0.25%
Account Funding: Through BPI, BDO, Metrobank
PMT Forum Discussion: CitisecOnline
F. YAP SECURITIES, INC.
Broker ID: 162
17/F Lepanto Bldg.
8747 Paseo de Roxas
Makati City 1226 Philippines
Telephone: (632) 840-8331 / 923-3955 to 56
Email: info@2tradeasia.com
Website: www.2tradeasia.com
Minimum Investment: PHP 25,000
Broker’s Commission: 0.25%
Account Funding: Through RCBC and BDO
PMT Forum Discussion: Online Stockbrokers
FIRST METRO SECURITIES BROKERAGE CORP.
Broker ID: 267
18/F PSBank Center
777 Paseo de Roxas cor. Sedeno St.,
Makati City 1226 Philippines
Telephone: (632) 859-0600 to 02
Email: icustomerservice@firstmetrosec.com.ph
Website: www.firstmetrosec.com.ph
Minimum Investment: PHP 25,000
Broker’s Commission: 0.25%
Account Funding: Through Metrobank
PMT Forum Discussion: First Metro Securities
RCBC SECURITIES, INC.
Broker ID: 217
RCBC Securities, Inc.
7/F Yuchengco Tower, RCBC Plaza
6819 Ayala Ave., Makati City, Philippines 0727
Telephone: (632) 889-6931 to 32; 34 to 36
Email: isaloricajr@rcbc.com
Website: http://www.rcbcsec.com
Minimum Investment: PHP 10,000
Broker’s Commission: 0.25%
Account Funding: Through RCBC
PMT Forum Discussion: RCBC EZ Trade
WEALTH SECURITIES, INC.
Broker ID: 269
2103-A East Tower, PSE Center
Exchange Road, Ortigas Center
Pasig City 1600 Philippines
Telephone: (632) 634-5038
Email: office@wealthsec.com
Website: http://www.wealthsec.com
Minimum Investment: PHP 10,000
Broker’s Commission: 0.25%
Account Funding: Through UnionBank, BDO, BPI, EastWest Bank, RCBC, Metrobank
PMT Forum Discussion: Wealth Securities
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