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.

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