List of online stock brokers in the Philippines
June 9, 2009
If you’ve already finished the first parts of our Stock Trading tutorial, you probably know by now the different types of securities being traded, how profits in the stock market are made, how much is needed to start trading, and what types of stock orders you can make.
The next step now is to choose a stockbroker.
A stockbroker is a person or a corporation authorized and licensed by the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) to trade securities.
The stockbroker can be a live person or an online system. A discussion of the pros and cons of each is in the forum thread Do you prefer live or online stockbrokers?.
List of Online Stockbrokers in the Philippines
Here is a list of registered online stock brokers in the country. Normally with an online broker, you are not assigned a live trader. Instead, you do trading all by yourself using the broker’s online system.
Visit each online broker to compare their fees, support and service, and quality of their trading system. You may also visit the forum discussion threads below to read PMT members’ opinion on each broker.
AB Capital Securities, Inc.
Website: www.abcapitalonline.com
Forum Discussion: Online Stock Brokers
Accord Capital Equities Corporation
Website: www.philstocks.ph
Forum Discussion: Online Broker: PhilStocks.ph
BPI Securities Corporation
Website: www.bpitrade.com
Forum Discussion: Online Broker: BPI Trade
CitiSecurities, Inc.
Website: www.citiseconline.com
Forum Discussion: Online Broker: CitisecOnline
Diversified Securities, Inc.
Website: www.dfnn.com
Forum Discussion: Online Stock Brokers
F. Yap Securities, Inc.
Website: www.2tradeasia.com
Forum Discussion: Online Stock Brokers
First Metro Securities Brokerage Corporation
Website: www.firstmetrosec.com.ph
Forum Discussion: Online Broker: First Metro Securities
RCBC Securities, Inc.
Website: www.rcbcsec.com
Forum Discussion: Online Stock Brokers
Related reading:
- Tutorial on Stock Trading
- Help in choosing an online stockbroker
- Stock Discussion of all PSE Listed Firms
- PhilStocks or CitisecOnline?
June 10th, 2009 at %I:%M %p
i think citisec is still one of the best brokers online
elmot’s last blog post..Dont’ Vote on May 2010!!! No To Con-A** Holes!
June 10th, 2009 at %I:%M %p
I use BPI Trade in my stock trading activity. :)
June 12th, 2009 at %I:%M %p
How much the initial deposit would be? meron bang parang sweep account ang online brokerage account dito saten? thanks
September 5th, 2009 at %I:%M %p
BPITrade!? d bale na lang…Citiseconline pa rin ako andito na lahat, try ko din yung http://www.2tradeasia.com mukhang OK din yata dito at sa Makati lang ang office.