How to Open a Citiseconline Stock Trading Account

June 16, 2010

in Stocks

Investing in stock market became even more popular through the introduction of online stock account.  Before stock trading is only done in traditional method, which have many limitations and hassles.

Thanks to the internet technology, we can now buy or sell stocks anywhere as long as you have computer with Internet connection.  More and more people nowadays have the opportunities to participate in stock market.

In the Philippines where small percentage of household have internet connection, buying and selling stocks will not be a big problem because you can find many internet shops, sprouting each town.  So even if you don’t have computer with internet connection, you can still buy stocks in Internet shops but be very careful not to leave your account open or make the browser not to remember your password. You should not open your Citiseconline account in public computers unless really needed.

How to Open a CitisecOnline Stock Trading Account

Opening an online stock account will be easy as 1,2,3 as this you can do even you’re outside the Philippines.  My recommended stock online broker in the Philippines is Citiseconline.  In order to open Citiseconline account, you need first to complete all requirements which you can see below if you click the link below.

According to Philippine Stock Exchange, Inc., Citiseconline is the number one stock broker in the Philippines in terms of volume of stock traded and the reliability of its online systems.  I personally used Citiseconline as my stock broker and it’s really easy to use even if you are a beginner in online stock trading.

If you want the complete information on how to open an account and the needed requirements, just visit this LINK.  It will show you the complete procedures and requirements on opening a stock trading account on CitisecOnline. The link is the official website of CitisecOnline which you can also get important information on opening an online stock trading account.

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{ 23 comments… read them below or add one }

macky September 25, 2012 at 04:56

still i don’t understand it. even i read all the instruction. how can i buy stock? they said u need to open an account. what account should i open? hope u can help me about this. thanks

Reply

Gil September 26, 2012 at 13:46

@macky,

First of all, before you can buy stocks, you need to have a stock broker account like CitisecOnline or BPI Trade. You cannot buy stocks without a stock broker account.
Second, study and understand first what you will invest before buying stocks. You should be better informed before putting your money in any kind of business or investments.

Reply

David Chen April 18, 2012 at 18:54

I would like to find an experienced stock broker in the Philippines, preferably he/she also has active clients in Los Angeles, CA, USA

Reply

Gil April 19, 2012 at 03:57

Hi David,

CitisecOnline and BPI Trade can be the good choices for that.

Reply

Anonymous August 25, 2011 at 21:33

Hi,

I think they require you to pass an employment certificate or just a proof of income.

Reply

Anonymous August 2, 2011 at 12:37

“So even if you don’t have computer with internet connection, you can still do stock trading in your favorite internet shops.”

Lol, what a load of crap. If people who adhere to this suggestion really want their privacy and financial security go drown the drain, then be my guest. Remember that internet cafes in the Philippines hardly have any security protocols or even secure internet connections that protects it from outside 3rd party attacks (or in layman’s lingo, “hackers” for the Filipinos out there who are too uneducated to understand considering the country is 3rd world).

So if you want to throw away your money, please trade your stocks in internet cafes. Otherwise, secure your own damn connection and stop being a cheapass everywhere you go.

Reply

ako2 December 19, 2011 at 04:30

yes and you know who are the hackers inside Phil Internet cafes nowadays? — the DOTA cheaters… ikaw ang cheapass pa protocol protocol ka dyan.

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Chamfy24 January 6, 2012 at 02:59

Wag magreply ang mangmang at DOTA lang pala ang alam mo.  Mag research ka ng konti hijo about internet security ha ng di ka tatanga tanga.

Reply

bernard July 19, 2011 at 05:50

Hi,

Awesome blogs!

You’ve mentioned above regarding the stock broker (COL EIP). Can you please explain further on how does it really helps you if you are a beginner? Do I need to learn the software or tools used wheb trading online? I’m planning to open an account with this COL EIP very soon.

Thanks for your informative site.

Reply

Anonymous July 27, 2011 at 13:51

Hi,

I used COL (Citiseconline) as my stockbroker for buying and selling stocks. If you open an account in them, their trading platform or software is very easy to use, it is user-friendly. To know more about COL EIP, just visit this one: http://www.citiseconline.com/final2/b_home_new/FAQ_EIP.asp#1

Reply

Bernard August 2, 2011 at 02:10

Thanks for your info. I already submitted my requirements and I’m waiting for their approval.

Cheers

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akosiac July 8, 2011 at 02:13

What’s the difference between EIP(5K) and Regular(25K) account?

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rein1188 July 6, 2011 at 11:50

good day!
how much is the minimum amt required in opening citiseconline acct?my savings acct is on metrobank, is it ok to trade online in COL?

Reply

Gil July 7, 2011 at 04:07

Hi rein1188,

The minimum amount to open a COL account is P25,000.
You can use your Metrobank account to add funds or withdraw from it.

Reply

cristina galindez June 13, 2011 at 15:12

have a great day sir /madam
this what im planning since before ive heard to mr. bro. bo sanchez ,but I need Guide to do this plan because time is passing im working as an ofw ,i want to invest ad willing to leave the money even for long term investment ..
thank you sir , /madam ,
hoping that you will guide me …

Reply

yzza May 6, 2011 at 17:55

Hi,

Very nice blog.It’s good to know that many are now interested to be financially literate.
I would be happy to help those people who are interested in diversifying their investment with unit-linked products that offer protection as well as long-term savings and investment. It’s good to have a very good financial foundation because life is full of uncertainties.

God Bless you all!

Reply

wella May 4, 2011 at 02:53

Hi!

Thanks for the info. I want to have an EIP account. I am in cebu, and in order to waive the appearance, I need to present a billing statement. Unfortunately, I don’t have any of those. What would I do?

Thanks,

Wella

Reply

Gil May 7, 2011 at 02:32

Hi Wella,

I think you can use the billing statement of your parents or siblings where you live.

Reply

Louella Zafra April 21, 2011 at 01:39

I am interested to learn in buying stocks!

Reply

Rian Lee B. Tiangco January 12, 2011 at 05:45

Greetings!

I just want to know how long it would takes for my investment to grow or have a return? can you approximate.

and also i would like to ask regarding the 5000 pre registration of account on COL. That 5000 still belong to me once I registered?

Thank you.

Reply

Gil January 12, 2011 at 11:04

Hi Rian,
There are many factors to consider, but to give you an idea, my stock investment’s return last year 2010 is around 25%.
It is because Philippine stocks really soared high.
The P5000 is still yours if you invest in COL EIP.

Reply

Reynaldo E. Santos January 2, 2011 at 10:34

Good day!

I want to invest in stock market but I don’t know how.

Reply

Gil January 2, 2011 at 11:01

Hi, if you want to invest in stocks, study first before you invest. You can start here: http://learnfinancialeducation.com/category/stocks/

Thanks.

Reply

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