The most popular online brokers as of now are COL Financial (used to be Citisec Online), BPI Securities and First Metro Securities. BDO Nomura recently joined as well.
For the New users who want to open an account and start at stock market you need to submit some requirements documents which are available to download from the websites anytime. Almost document need just like opening a bank account.
To open an account from any of the following online brokers and start investing in the stock market. They also included the minimum funds required to open an account.
BROKER | WEBSITE | MINIMUM DEPOSIT | MOBILE APP |
---|---|---|---|
AB Capital Securities, Inc. | www.abcapitalonline.com | PHP10,000 | NO APPS |
Abacus Securities Corporation | www.abacusonline.com.ph | PHP10,000 | NO APPS |
AP Securities Inc. (formerly Angping & Associates Securities, Inc. | www.angpingonline.com | P5,000 | NO APPS |
BA Securities, Inc. | https://baseconline.psetradex.ph | not mentioned | NO APPS |
BDO Nomura Securities, Inc. | https://www.bdo.com.ph/bdonomura/ | none as long as you have BDO Online Banking account | |
BPI Securities Corporation | www.bpitrade.com | none if you have BPI account | NO APPS |
Coherco Securities, Inc. | www.cohercotrade.ph | P150,000 | NO APPS |
COL Financial Group, Inc. | www.colfinancial.com | P5,000 for EIP; P25,000 for Active Traders | COL Mobile for iOS |
DA Market Securities, Inc. | itrade.psetradex.ph | P50,000 | TradeXplore iOS Android, Windows |
F. Yap Securities, Inc. | www.2tradeasia.com | P25,000 | NO APPS |
First Metro Securities Brokerage Corporation | www.firstmetrosec.com.ph | P5,000 for new clients | FirstMetroSec for iOS and Android |
Investors Securities, Inc. | http://investorsonline.psetradex.ph | P25,000 | NO APPS |
Lucky Securities, Inc. | https://luckyseconline.psetradex.ph | not mentioned | |
Maybank ATR Kim Eng Securities, Inc. | www.maketrade.com.ph | P25,000 | NO APPS |
Meridian Securities, Inc. | https://msitradeonline.psetradex.ph | P25,000 | |
Optimum Securities Corporation | https://optimumonline.psetradex.ph | not mentioned | NO APPS |
Philstocks Financial, Inc. (formerly Accord Capital Equities Corp.) | www.philstocks.ph | P5,000 | XAVi for iOS and Android |
RCBC Securities, Inc. | www.rcbcsec.com | not mentioned | NO APPS |
Regina Capital Development Corp. | https://reginacapital.psetradex.ph | not mentioned | NO APPS |
Timson Securities, Inc. | http://timson.com.ph | P25,000 | |
Unicapital Securities, Inc. | www.utradeph.com | P10,000 | NO APPS |
Wealth Securities, Inc. | www.wealthsec.net | P10,000 | NO APPS |