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(Tutorial) How do I start trading stocks?




I’m ready to start trading stocks, what do I do?

Are you sure you’re all set? Have you reviewed our stock trading tutorial about the types of stocks and other securities being traded, how profits are made, how much you need to trade stocks, and what types of orders you can make?

If you did and are ready to go, continue reading below.

Step 1. To be able to participate in the stock market, you need a stockbroker to buy and sell shares of stocks. 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.

Click here to know more about choosing a good stockbroker.

Step 2. Apply for an account with your chosen broker. Normally, you will need to fill out a Reference Card and submit identification papers for verification. Once approved, you will be assigned a trader or agent to assist you in buying or selling stocks. In the case of online brokers, you can start trading online without the assistance of a personal broker. But first, you need to fund your account.

Step 3. Fund your account either by issuing a check payable to your chosen broker or by depositing cash directly to the brokerage firm’s bank account. Contact them for more details on how to send your payment.

Step 4. If your broker assigned you a personal trader, communicate and discuss with him/her your stock order, then wait for the transaction to be executed. Normally, your personal trader will contact you if the transaction was executed or not. If what you have is an online account, you can buy and sell stocks without anyone’s assistance. Check the FAQ or tutorial of online stockbrokers for guidance on how to navigate their online trading platform.

Trading stocks entail costs. Here’s a listing of taxes and fees when buying or selling stocks in the Philippines.

Step 5. Three (3) days after the buy or sell transaction, you will receive from your broker the cash proceeds, if you are selling stocks, or proof of ownership of the stocks (confirmation receipt and invoice), if you are buying stocks.

Easy, right? Happy investing!

Must read these other awesome educational posts!

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About this post: buying stocks in the philippines, where to buy stocks in the Philippines, how to buy stocks in philippines, stock trading tutorial, buy stocks philippines

30 thoughts on “(Tutorial) How do I start trading stocks?”

  1. janah says:

    Supposing you invest your money (P100,000) at 4%/yr interest (e.g. time deposit):

    36 years
    P100,000 ——————–> P400,000

    What you don’t know is that the bank invests your money at a much higher interest rates ~ 12%/year:

    36 years
    P100,000 ——————–> P6,400,000

    P6.4M – P400K = P6M PROFIT by the Bank
    = P6M LOSS for YOU

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  2. Earn Cash Online says:

    Thanks very much, I have found this info extremely good!

  3. ShareHoldersPortal says:

    Best to find a solid company such as a local bank with a dealing service.

  4. moneysmartpinoy says:

    Trading stocks has never been easier with the emergence of online stock brokers.

  5. Dara says:

    Hope someone can help me with my situation here. My mother passed away a year ago and while cleaning her files, we found out that she invested in stocks in three different companies. Now, my problem is how to deal with her stock certificates. I don’t know who her broker was and since I really don’t know anything about stocks, I don’t know how to deal with them to begin with. Any advice will be appreciated.

  6. calvin says:

    Guys,can anyone help and to share more knowledge on me with regards for Stock exchange investment. i started to read some articles about stocks but am still confusing on what really happened inside.I wanted to invest 100k peso. i would rather preferred if there are someone can guide or advice to me.here is my email calklien_195@yahoo.com.ph

  7. davedabz says:

    Personally, I strongly recommend ColFinancial. No, I am not affiliated with this company and I don’t receive any benefits from them. Hope they will :) Got this complete guide on how to open an account for as low as Php 5,000. You can read it here http://www.juaninvestor.com/2013/03/how-to-open-an-account-with-colfinancial.html

    1. florsan says:

      gusto ko din matuto kung paano mag invest through stocks..saan ba ako magsisimula???i extremely need your advises guys…

    2. florsan says:

      thank you so much for the links sir!…pagkatapos po ba mag create ng account, ano po ba ang next step?

    3. florsan says:

      marami pa talaga akong dapat matutunan..sa madali’t sabi, kelangan ko po talaga ng adviser.Sayang lang din kasi ang income ko pag hindi ko alam kung paano ito palalaguin..mapupunta lang ito sa banko ng walang interest.

    4. florsan says:

      sir paul!..i really need ur advise..after po ba pag may account na ako, is pwede na po ba akong mag join sa trading???o hindi pa kasali dyan ang pagbili ng stock sa 5k na yan???

    5. Paul Daveril Dabuco says:

      After you send your requirements (via LBC), someone will contact you thru email or phone. He will provide you a Reference number for you to fund your account.

      Deposit P5,000 (via BPI, BDO, Metrobank). You will receive a confirmation from COLFinancial regarding the fund you deposited.

      You can start buying stocks immediately after you receive the confirmation :)

    6. florsan says:

      thank you so much for the response. but i think its hard for me to do while I am here in another country. I mean kUng nasa pinas lang sana ako I can easily do that.
      I know you understand how to speak in cebuano..nahihirapan kasi akong mag english..analyzing details on how to start to invest!..but anyway salamat po talaga..I hope madagdagan pa yong kaalaman ko tungkol dito ..siguro hindi pa ako handa..Thanks and godbless!

  8. test gscraper says:

    whole of the UK but of course most of our work is in London .

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