If you’re already done with our Stock Trading Tutorial, you’re probably now ready to take that first step towards investing in the stock market. First, you need to choose your broker. Here’s our list of online stockbrokers in the Philippines.
A popular online trading platform in the country is CitisecOnline. The company is a 99.9% Filipino-owned domestic corporation which started commercial operations in 2001.
How to open a CitisecOnline account?
1. Download and completely fill out these forms which contain the Individual Customer Account Information Form (CAIF), Online Securities Trading Agreement and Signature Cards.
2. Prepare two (2) copies of any valid ID and one (1) latest copy of your utility bill, bank statement or credit card statement.
3. Send all requirements to CitisecOnline.com, Inc.
- Address: CitisecOnline.com Inc., Business Center 2403-B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City, Philippines 1605
- Telephone Number: (632) 6-333-777
- Fax Number: (632) 636-3512
- Email: helpdesk@citiseconline.com
4. Wait for the confirmation of your account to be sent to the email address you wrote on your application forms.
What is the minimum amount needed to open a CitisecOnline trading account?
For Starter (Student) and COL Easy Investment Program (EIP) accounts, the minimum deposit is Php5,000. For Regular trading accounts, the minimum deposit is Php25,000.
How do I fund my account?
Deposit the funds to the following bank accounts. The account name is: CitisecOnline.com, Inc.
- Hong Kong and Shanghai Banking Corp. (HSBC SA# 000-059-998-070)
- Security Bank (Security Bank SA# 0273-012462-001)
- Bank of the Philippine Islands (BPI SA# 004011-0049-33)
- Banco de Oro (BDO SA# 343-004909-6)
Indicate in your deposit slip For the Account of (FAO): Your Name and Account Number if available. Then fax a copy to CitisecOnline accounting department at (632) 634-6958 for validation.
When can I start trading?
Once your funds have been received and cleared (for check deposits), you will receive an 8-number User ID and electronically generated Password by email. You can start trading once you see your online account has been funded.
Related reading:
A good post on basic information on how to open a Citiseconline account. For
complete details on opening an account, just visit Citiseconline’s website.
.-= Learn Financial Education´s latest blog ..Top Mutual Fund Companies in the Philippines =-.
Thanks for the info. Though I already have some investments in UITF, I’m planning
to start investing in stocks through CitisecOnline.
I’m out of the country. Can I still register anf trade at citiseconline?
me too..can somebody give us any information on how to have an account overseas??t
I’ve just opened an account today and I’m glad I did! They have an excellent customer service and I really like how simple it is for newbies to learn the stock market investing. I really hope that I would become successful with this.
.-= Jonha @ Happiness´s latest blog ..Au Pair Scams: Beware and Be Aware! =-.
What’s the estimated timeframe for ROI?
whats the difference between Starte (5k) and Regular (25k)?
i tried to access citiseconline.com but cant open their site.
is there a problem on their site?
Whoopiii! My COL application is now approved! I’m now ready to buy some stocks 🙂
.-= Chris´s latest blog ..Investment Guidelines =-.
pano po mag-apply? at ano pong gagawin? nids q work.
May monthly payment po ba ang maging member sa citiseonline?
Hi Joef!
Thank you for inviting me to this site.I wish to learn about it further.I wish to beregistered to it.Regards,
hi paano po ba maging bumili ng stocks and how much i initial investment pababa lang muna for tarter.let me know i read How to prosper by Bo Sanchez kaya ngka interes ako to buy the stocks or mutual fund.How pls?
hello good day to all staff im LIBERTO B MANLIGUEZ isang seaman pwede po ba akong mag open ng account even nandito ako sa ibang bansa and how to start I thank you and god bless..
IDNX is something that has been missing for sometime now. Fantastic looking out, Thies Lindenthal
hi , which is better COL or citisec? working student lng po ako starter plng.
Paano po ag invest? and paano po tumutubo ang investment dto? gusto ko po mag invest. pero wala pa po akong sapat na kaalaman. Kahit na nabasa ko na above. Di ko pa rin ma gets talaga masyado.sana po makatulong kayu sa akin kung paano. For starter lang po sana
How to apply in stock market,i want to invest,but i don’t know how.
Read Bo sanchez Book, my maid invests in stock market. There are basic and crucial knowledge about stock investing.
Hello, is there any online application site of CitisecOnline na hindi na kailangan email ang application ko po? Hirap kasi kung lalabas ka pa at mag mail ng application.
Gusto ko sana mag apply sa inyo as my broker for stock trading account please. Ako po si Rey Christopher R. Mercado from Mindanao, General Santos City..
Salamat po…