How to open a CitisecOnline stock trading account

by

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:

About the Author

James Ryan Jonas teaches business strategy, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.1 Billion ($56 Million) worth of retirement funds on behalf of thousands of UP employees.

PSEi support seen at 6,200 and 6,000 amid weaker Peso

In a not-so-surprising move, the U.S. Federal Reserve (Fed) yesterday raised interest rates by 75 basis points (bps) or 0.75% in a bid to tame rising inflation in the United States. This was the third consecutive 0.75% rate hike by the Fed, which brings the federal funds rate, the central bank’s benchmark interest rate, to ... Read more

Official SWIFT Code of BDO, BPI, Metrobank, Philippine banks

When sending cash remittances or wire transfer to a bank account in the Philippines (such as BDO, BPI, Metrobank, Landbank, DBP, etc.), you’ll surely need the SWIFT Code of the bank. Look no further because you can find all the SWIFT Codes you need in this list! Make sure you’re using the right bank code ... Read more
blank

How to Waive your Credit Card Annual Fee (BDO, BPI, Metrobank, RCBC, Citibank, UnionBank)

Without a doubt, one of the most annoying fees that credit cardholders have to pay is the annual fee. Majority of cardholders are familiar with this fee and majority of us likely pay this grudgingly year after year after year. In the case of my credit card with BPI (Bank of the Philippine Islands), I’m ... Read more
blank

Why Filipinos do not become business owners or entrepreneurs

For a majority of Filipinos, entrepreneurship does not seem to be a typical, expected path. This is not surprising, considering that in school, students are primarily taught to become employees after graduation. Students train for years to become staff workers, reporting to a supervisor, and just waiting to receive their wages or salaries every month. ... Read more
blank

My experience investing in Mutual Funds in the Philippines

I started investing in mutual funds when I was 22 years old. As an Overseas Filipino Worker (OFW) then, I was fortunate to be able to save some money at that young age because of my work abroad. One time while I was on vacation in the Philippines, I saw a large billboard in EDSA ... Read more
blank

Income Tax Tables in the Philippines (2022)

The Philippines’ new tax reform bill, known as TRAIN or Tax Reform for Acceleration and Inclusion, was signed into law on December 19, 2017 and its implementation began on January 1, 2018. What are the new income tax rates under the TRAIN law? How will TRAIN affect income taxes of individuals and corporations? How is the ... Read more
blank

PSE Stocks Performance under each Philippine President (1987-2021)

Did you know that Philippine stocks were able to achieve an astounding growth of 800% in a span of 30 years? From 1987 until 2018, the Philippine Stock Exchange index (PSEi) rose from 1,000 points to a peak of 9,000 points — generating a return of 800% over 30 years. (The PSEi is an index ... Read more
blank

SSL 2022: Salary Increases for Teachers, Nurses, Gov’t Employees

Good news to all government employees! There’s a new round of salary increases beginning January 1, 2022! Millions of employees of the Philippine government — including public school teachers, nurses and staff of government hospitals, and workers in local and national government agencies, etc. — will be getting an automatic salary adjustment this 2022 under ... Read more
blank

PSE Trading Hours in 2022: What time open, when closed?

Before you take the plunge into stock trading and investing, make sure you understand what stocks are and how the Philippine Stock Exchange (PSE) operates. Unlike other investments that are relatively safe, stock trading is risky and loss of money is a possibility. So before you deep dive into the exciting world of stock trading, ... Read more

Price Floor and Price Ceiling of PSE Stocks

Trading bands in the PSE come in two forms: Price Ceiling, or the upper price limit, and Price Floor, or the lower price limit.

20 thoughts on “How to open a CitisecOnline stock trading account”

  11. Hi Joef!
    Thank you for inviting me to this site.I wish to learn about it further.I wish to beregistered to it.Regards,

    Reply

  12. 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?

    Reply

  13. 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..

    Reply

  16. 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

    Reply

  18. Read Bo sanchez Book, my maid invests in stock market. There are basic and crucial knowledge about stock investing.

    Reply

  19. 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…

    Reply

Leave a Comment

Pinoy Money Talk

We are a money-oriented website in the Philippines focusing on the stock market, banking, entrepreneurship, and investment opportunities.

Follow Us on fb

© 2022 Pinoy Money Talk

About Terms of Service & Privacy Policy