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.
{ 23 comments… read them below or add one }
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
@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.
I would like to find an experienced stock broker in the Philippines, preferably he/she also has active clients in Los Angeles, CA, USA
Hi David,
CitisecOnline and BPI Trade can be the good choices for that.
Hi,
I think they require you to pass an employment certificate or just a proof of income.
“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.
yes and you know who are the hackers inside Phil Internet cafes nowadays? — the DOTA cheaters… ikaw ang cheapass pa protocol protocol ka dyan.
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.
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.
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
Thanks for your info. I already submitted my requirements and I’m waiting for their approval.
Cheers
What’s the difference between EIP(5K) and Regular(25K) account?
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?
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.
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 …
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!
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
Hi Wella,
I think you can use the billing statement of your parents or siblings where you live.
I am interested to learn in buying stocks!
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.
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.
Good day!
I want to invest in stock market but I don’t know how.
Hi, if you want to invest in stocks, study first before you invest. You can start here: http://learnfinancialeducation.com/category/stocks/
Thanks.