Investments used to be an unfamiliar term, particularly among middle-class and lower-class families in the Philippines. However, the advancement of technology, such as the internet and social media platforms, has led to an increasing number of individuals becoming interested in learning how to save and earn money through investment opportunities.
The COVID-19 pandemic has prompted many Filipinos to explore avenues for earning and expanding their wealth. Despite the pandemic's negative impact on the economy, some individuals believe that investing in the Philippine Stock Exchange for the long-term is a wise decision that can secure their financial future.
If you're wondering about the initial steps of investing in the stock market, you'll need to locate a suitable broker that caters to your requirements. Fortunately, we have simplified the process by narrowing down the list of 32 online brokers in the Philippines to the top ten, ranked in ascending order based on their minimum investment amount of P5,000 or lower, to assist newcomers in the trading arena.
Top Ten Online Stock Brokers in the Philippines
COL Financial
Online broker: COL Financial Group Inc.
Minimum investment: P5,000
Does it have an app?: No
Website: colfinancial.com
Email: helpdesk@colfinancial.com
Contact No.: 8651 5888
Address: 2403 B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City
BPI Trade
Online broker: BPI Securities Corp.
Minimum investment: None
Does it have an app?: No
Website: bpitrade.com
Email: bpitrade@bpi.com.ph
Contact No.: 8246 5555
Address: 11th Floor, Ayala North Exchange Tower 1, 6796 Ayala Avenue
BDO Nomura
Online broker: BDO Nomura Securities
Minimum investment: None
Does it have an app?: Yes!
Website: bdo.com.ph/bdonomura
Email: bnsupport@bdonomura.com.ph
Contact No.: 8688 1200
Address: 17th Floor, BDO Equitable Tower 8751 Paseo de Roxas Makati City
First Metro
Online broker: First Metro Securities Brokerage Corp.
Minimum investment: None
Does it have an app?: Yes!
Website: firstmetrosec.ph
Email: customerservice@firstmetrosec.com.ph
Contact No.: 8859 0600
Address: 18th Floor, PSBank Center, 777 Paseo De Roxas Cor. Sedeño St., Makati City
ABCSI
Online broker: AB Capital Securities Inc.
Minimum investment: None
Does it have an app?: No
Website: abcapitalsecurities.com.ph
Email: customerservice@abcapital.com.ph
Contact No.: 8898 7555
Address: Units 1210 to 1212 and Units 1911 to 1912, PSE Tower, 5th Avenue corner 28th Street, Bonifacio Global City, Taguig City
Philstocks
Online broker: Philstocks Financial Inc.
Minimum investment: P5,000
Does it have an app?: Yes!
Website: philstocks.ph
Email: info@philstocks.ph
Contact No.: 8588 1988; 8588 1900
Address: Ground Floor, EC 05B, Philippine Stock Exchange Centre-East Tower, Exchange Road, Ortigas Center, Pasig City
BASecOnline
Online broker: BA Securities
Minimum investment: P5,000
Does it have an app?: No
Website: baseconline.psetradex.ph
Email: settlement@basecuritiesinc.com.ph
Contact No.: 8727 5374
Address: Suite 401 to 403 CLMC Bldg., 259 to 269 Edsa, Greenhills, Mandaluyong City
ALPHASEC
Online broker: Alpha Securities Corp.
Minimum investment: P5,000
Does it have an app?: No
Website: alpha.psetradex.px
Email: alphasec@pldtdsl.net
Contact No.: 8477 9959; 8654 6806 to 07
Address: Unit 3003, 30th Floor, One Corporate Center Bldg. J. Vargas St. corner Meralco Ave.
GoTrade
Online broker: Eastern Securities Development Corp.
Minimum investment: P5,000
Does it have an app?: No
Website: eastern-sec.com
Email: eastern@easter-sec.com
Contact No.: 8242 4006
Address: 1701 Tytana Plaza Bldg., Oriente St., Binondo, Manila
Luckysec Online
Online broker: Lucky Securities Inc.
Minimum investment: P5,000
Does it have an app?: No
Website: luckyseconline.psetradex.ph
Email: egluckysec@gmail.com
Contact No.: 8403 9606; 8829 1579; 8829 4919
Address: Unit 1106 PSE Tower, 5th Avenue corner 28th Street, Bonifacio Global City, Taguig City
If you require additional information about the top ten online stock brokers in the Philippines, please feel free to leave a comment below. Thank you for taking the time to read.
Post a Comment