You’re not alone if the thought of investing in the stock market makes you nervous. People having no or little stock investment expertise are mostly frightened by fearful stories about the average investor losing 50 percent of their portfolio cost.
Investing in stock trading is risky, but when done properly and with caution, it could be one of the most effective ways to grow one’s overall wealth. But how can you start with stock market investing? Well, you need to select the right broker based on what you need. So, here is a list of the top 10 Philippine Stocks Trading Companies or Brokers to assist you in your search for the finest broker.
1. COL FINANCIAL STOCKBROKER
Website: https://www.colfinancial.com/
Because of its simple and user-friendly interface, COL Financial is now one of the top online stockbrokers this year. In addition to stocks, COL Financial also offers mutual funds. CitisecOnline was its former name.
They provide important research and analysis, as well as direct access to market data and statistics, to help you stay ahead of the competition in your investments. Their COL Easy Investment Program uses cost averaging to provide investors with a simple and more accessible approach to invest in the stock market, regardless of income, age, or experience.
2. FIRST METRO SEC PRO
Website: https://firstmetrosec.com.ph/fmsec/61-FirstMetroSec%20PRO
First Metro Sec is one of the finest stockbrokers in the Philippines right now. They have been a trusted provider of equity brokerage services and solutions to individuals, public and private organizations, and other financial institutions for over 20 years.
First Metro Pro, which is the improved version of First Metro Sec, is the Philippines’ most advanced online trading platform. On their platform, First Metro Sec also offers Mutual Funds. For their basic edition of First Metro Sec, no initial deposit is required if you are a Metrobank customer.
- BPI TRADE
Website: https://www.bpitrade.com/
This stockbroker company is one of the best online trading platforms of BPI Securities. If you already have a BPI bank account, you don’t have to deposit money when you open an account with BDO. For many years, this platform has been trading stocks with the best service.
It allows clients to place orders on the Philippine Stock Exchange through the internet and provides real-time stock market quotes as well as detailed research. Moreover, it enables you to make informed investment decisions whenever and wherever you choose.
4. BDO SECURITIES (FORMER BDO NOMURA)
Website: https://www.bdo.com.ph/
BDO Securities is among the Philippines’ leading stockbrokers. They serve you as a full-service brokerage business with a broader range of goods than only equities, such as fixed income securities and both local and worldwide investment funds.
The interesting thing about BDO Securities is that you don’t need an initial deposit to start an account if you already have a BDO account. Moreover, BDO is well-known for their excellent market research and updates, which include technical and fundamental analysis for traders.
5. BASECONLINE
Website: https://baseconline.psetradex.ph/
BA Securities, Inc. is a leading stock brokerage in the Philippines that caters to institutional and high-net-worth customers throughout Asia Pacific. To assist their clients in achieving the financial goals, the organization provides research and analysis, trade execution, sales, and post-trade services to investors.
BA Securities manages the investments of over 3,000 clients, including the Philippines’ leading fund managers, banks, other financial organizations, and high-net-worth individuals. Also, it is the first brokerage to offer PSETradex which is the Philippine Stock Exchange’s online trading platform.
6. PHILSTOCKS
Website: https://www.philstocks.ph/
Philstocks is another user-friendly interface for online stock trading and investment. Philstocks that is geared toward a more technology driven stock market business, is always innovating its services to make the stock market more approachable to the investing public.
They have constantly strived to provide precise and top-quality trading experiences through powerful technology, client support, and high-quality service since their inception in 2001. Their trading platform uses cutting-edge technology to ensure that their traders, investors, and authorized agents can perform their transactions with ease and confidence.
7. ALPHASEC
Website: https://alpha.psetradex.ph/
Alpha Securities was founded in 1989 with the goal of providing clients with wealth and security. They are a boutique operation that prioritizes quality and relationships over size. They have also been nominated for the PSE Bell Awards for Corporate Governance because of their commitment to ethics.
Their sole focus is to provide trustworthy service to their clients since their inception. Moreover, their stockholders have a total experience of over 100 years in stock investing and have been taught in numerous countries.
8. GOTRADE
Website: https://heygotrade.com/
Gotrade is a platform that allows users to purchase and sell stocks and ETFs (Exchange Traded Funds) for a low and affordable fee. You can begin investing in US stocks listed on major exchanges such as the NYSE, Dow Jones, and NASDAQ for as little as $1.
The company began operating solely online in May 2014, and it has since received high praise for its performance and customer service. It also provides the Filipinos an opportunity to delve into the stock market without having to spend hundreds or thousands of funds on it, unlike what other brokers ask you to do.
9. ABCSI
Website: https://abcapitalsecurities.com.ph/register.php
ABCSI is one of the few Philippines’ stockbroker companies to have received the renowned “Full Compliance” citation from the Capital Markets Integrity Corporation for twenty years from 1999-2019.
Their products and services are meant to help investors profit from good investment decisions made with easier, faster, and direct access to information, as well as trading capabilities that let investors respond to market action effectively and efficiently.
10. LUCKY SEC ONLINE
Website: https://luckyseconline.psetradex.ph/
It is one of the Philippines’ most prominent local broker companies. For many years, the company has served both institutional and high net worth individual clients. To get started, you simply need to sign up for an account by going to their website and filling out the registration form. Once you’ve finished the registration form and deposited funds into your lucky seconline account, your account will be approved and activated. Furthermore, they offer free weekly lectures as well as special seminars once a month focused at improving market education.