Being away is one of the hindrances for OFWs to start their investing journey.

Overseas Filipino Workers (OFWs) play a vital role in supporting their families and contributing to the Philippine economy. With their hard-earned money, it’s essential for OFWs to make wise financial decisions, including investing in the stock market.

If you already have an existing bank account with BPI, BDO, or Metrobank, it would be easy to open an account and fund it with them. There’s also an option to open using an online stock broker that has an easy process for opening an account such as Philstock and COL.

As OFWs are often located far from home, they require stock market brokers that cater to their unique needs and provide them with convenient access to the market for overseas investors seeking to grow their wealth and secure their financial future.

Some brokers have a 7 days trial that you can try and check which platform resonates and works best for you.

Best Stock Market Brokers for Overseas Filipino Workers (OFWs)

1. BPI Trade
Online broker: BPI Securities Corp.
Is there an app? No.
Minimum investment: P0
Address: 23rd Floor, Ayala Triangle Gardens Tower 2, Paseo De Roxas Cor. Makati Avenue, Makati City Philippines 1226
Email: [email protected]
Contact Number: (02) 8580-4000

2. BDO Securities
Online broker: BDO Securities
Is there an app? No.
Minimum investment: P0
Address: BDO Corporate Center, BDO South Tower, 20th, 1226 Makati Ave, Makati, Metro Manila
Email: [email protected]
Contact Number: (02) 8876-4580

3. COL
Online broker: COL Financial Group Inc.
Is there an app? No.
Minimum investment: P5,000
Address: 2403 B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City
Email: [email protected]
Contact Number: (02) 8651 5888

4. First Metro Sec
Online broker: First Metro Securities Brokerage Corp.
Is there an app? Yes.
Minimum investment: P0
Address: 18th Floor, PSBank Center, 777 Paseo De Roxas Cor. Sedeño St., Makati City
Email: [email protected]
Contact Number: (02) 8859 0600

5. Philstock
Online broker: Philstocks Financial Inc.
Is there an app? Yes.
Minimum investment: P5,000
Address: Ground Floor, EC 05B, Philippine Stock Exchange Centre-East Tower, Exchange Road, Ortigas Center, Pasig City
Email: [email protected]
Contact Number: (02) 8588 1988

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.

Are you ready to dive into the world of stock market investing in the Philippines? 

Finding the right online broker is a crucial step in your journey towards financial growth and success. With too many options available, it’s important to choose a platform that aligns with your investment goals, preferences, and trading style. 

We have curated a comprehensive list of online stock market brokers and their minimum investment to open an account in the Philippines to help you make an informed decision.

List of Online Stock Market Brokers in the Philippines

Online Brokers	Website	Minimum Investment
A & A Securities, Inc.	https://aa.psetradex.ph/	5,000
AAA Southeast Equities, Inc.	https://aaa-equities.com.ph/	20,000
AB Capital Securities, Inc.	https://www.abcapitalonline.com/	0
Abacus Securities Corporation	https://www.mytrade.com.ph/	100,000
AP Securities, Inc.	https://apsecuritiesinc.com.ph/	50,000
Alpha Securities Corporation	https://alpha.psetradex.ph/	5,000
BPI Securities Corporation	https://www.bpitrade.com/	0
BA Securities, Inc.	https://baseconline.psetradex.ph/	5,000
BDO Securities	https://www.bdo.com.ph/securities	0
China Bank Securities Corporation	https://www.chinabankseconline.ph/	25,000
COL Financial Group, Inc.	https://www.colfinancial.com/	5,000
Cohero Securities, Inc.	https://cohercotrade.psetradex.ph/	150,000
Eastern Securities Development Corporation	https://eastern-sec.com/	5,000
DA Market Securities	https://www.itrade.ph/	50,000
Eagle Equities, Inc.	https://eagleconnect.psetradex.ph/	20,000
F Yap securities Inc.	https://www.fyapsecurities.com/	25,000
First Metro Securities Brokerage Corporation	https://www.firstmetrosec.ph/	0
Globalinks Securities and Stocks, Inc.	https://gtrade.ph/	20,000
HDI Securities, Inc.	https://hdisecurities.com/	25,000
JAKA Securities Corporation	https://jakaseconline.psetradex.ph/	25,000
Investors Securities, Inc.	https://www.investorsonline.ph/	50,000
Maybank ATR KIM ENG Securities, Inc.	https://maybanktrade.psetradex.ph/	1,000,000
Lucky Securities	https://luckyseconline.psetradex.ph/	5,000
Luna Securities, Inc.	https://www.lunasecurities.com/	25,000
Optimum Securities Corporation	https://optimumonline.psetradex.ph/	25,000
Mercantile Securities	https://www.mercantilesec.com/	5,000
Meridian Securities Incorporated	https://msitradeonline.psetradex.ph/	20,000
Regina Capital Development Corporation	https://www.reginacapital.com/portal/	25,000
RCBC Securities, Inc.	https://www.rcbcsec.com/	10,000
Philstocks Financial, Inc.	https://www.philstocks.ph/	5,000
UCPB Securities, Inc.	https://www.ucpbsec.com/	0
Triton Securities Corporation	https://triton.psetradex.ph/	10,000
Timson Securities, Inc.	https://timson.com.ph/	20,000
Wealth Securities, Inc.	https://www.wealthsec.net/login.asp	20,000
VC Securities Corporation	http://vcsecurities.biz/	10,000
Unicapital Securities, Inc.	https://utradeph.com/	10,000

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.

Are you curious in exploring the potential of the Philippine stock market and harnessing its wealth-building opportunities? 

Investing in the stock market can be an effective way to grow your wealth and achieve financial goals. Whether you’re planning for retirement, saving for a major purchase, or seeking to build a diversified investment portfolio, the Philippine stock market offers a range of investment opportunities for individuals willing to take on calculated risks.

How to Invest in Philippine Stock Market

How to Get Started

1. Educate Yourself

Start by gaining a solid understanding of the stock market and its various components. Learn about different investment strategies, stock selection, risk management, and market trends. There are numerous online resources, books, and courses available to help you enhance your knowledge.

2. Set Your Investment Goals

Determine your financial goals and the timeframe in which you wish to achieve them. Are you looking for long-term wealth accumulation, retirement planning, or short-term gains? Clear goals will guide your investment decisions and help you stay focused.

3. Open a Trading Account

Choose a reputable stockbroker and open a trading account. Some popular stockbrokers in the Philippines include Philstock, COL Financial, BPI Trade, First Metro Securities, and BDO Securities. Each broker has its own account opening process, requirements, and fees, so be sure to research and compare before making a decision.

4. Fund Your Account

Once your trading account is set up, you need to deposit funds into it. Determine your investment budget and transfer the desired amount to your trading account. Most brokers offer multiple funding options, including bank transfers, online banking, or cash deposits.

Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.