Do you have BPI account and interested to open a stock market account?

Opening a BPI Trade account is a convenient way to start your investment journey in the Philippines. BPI Trade is an online trading platform provided by BPI Securities Corporation allowing you to buy and sell stocks. By opening a BPI Trade account, you will have access to a reliable and user-friendly online trading platform.

We will guide you through the steps to open a BPI Trade account and begin your investing journey.

How to Open BPI Trade Account

1. Start by visiting the official BPI Trade website.
2. Select “Open an Account” and it will direct you the a page confirming if you have a BPI account.

3. Log in your BPI account user and password. 

4. Fill out and complete the BPI Trade Client Account Information Form. Fill out the forms accurately and provide all the required information. 

5. Review the requirements. These typically include a BPI savings or checking account, a Tax Identification Number (TIN), a valid government-issued ID, and proof of billing or residence. Ensure that you have these documents ready.

6. Once you have completed the application forms and prepared the supporting documents, submit your application and other requirements to BPI Trade to [email protected]. 

7. You can print out and also submit the form and other requirements to any BPI Branch near you or personally visit the BPI Securities Office: 

Main Office: 23rd Floor, Ayala Triangle Gardens Tower 2, Paseo De Roxas Cor. Makati Avenue, Makati City Philippines 1226

8. Wait for verification and approval. BPI Trade will review your application and documents for verification. This process may take a few business days. You may receive email updates regarding the status of your application.

9. Once your application is approved, BPI Trade will provide you with your account details and instructions for account activation. Follow the provided instructions to activate your BPI Trade account and set your login credentials.

10. After activating your account, you can fund your BPI Trade account by transferring funds from your BPI savings or checking account. BPI Trade provides instructions on how to fund your account through their online platform or over-the-counter options.

Congratulations! You have successfully learned how to open a BPI Trade account and take your first step into the exciting world of investing.

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

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

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.