Saturday, March 12, 2016

Basic Lesson 2: Open Stock Account (Say COL Financial)

One more step to stock market world is to Open an Account. You can't keep dawdling around about how you are very interested in stock market but did not even bother to Open an Account. Even if you went for a lot of training, seminar, read a lot of books and surf the net about stock market but without a real account then you are just wasting your time. You have to OPEN an Account First.

My stock broker is COL Financial and I am fine with their platform because it is easy to understand. I did not go for any training on how to use their features but I learned how to use it. You actually need around Php 5,000.00 to Open an Account then we can welcome you to the jungle of Philippine Stock Market. I believe other stock brokers are doing fine but I can't attest on that since I did not try their accounts. You can try to inquire others otherwise you can try COL Financial.

Start your Journey in Stock Market by Opening an Account!
(Warning: PSE market are full also of Zombies so equipped yourself. They are merciless too)

Below is a link to COL Financial instructions on how to Open an Account. It is very simple so don't be bothered because you are just going to complete the required documentations and pay minimum deposit.


Link to Open COL Financial Account: Colfinancial.Com - Open an Account


Once you complete the requirements and able to fund it, I believe you are wondering what will happen to your deposit (Say Php 5,000.00) and when can you start to access your account. If I remember correctly, COL Financial will be able to open your account within 3-5 days wherein they will email the temporary password to your registered email. The deposit you made will not be taken by COL Financial because actually that is your very first initial investment and you can use it to buy stocks. Yeah, that is your money and COL Financial will not take even a single cent so no worry. They will only profit from you from the brokers charges Okay. Simple and easy isn't?

Opening an account will actually cost you nothing from the COL Financial side. 

Wag nang maging pilosopo at sabihin sa akin na pano ung pinamasahe nyo or pinang photocopy at pinang print ninyo LOL. Syempre ndi na kasama ung mga other expenses.


I know the feeling once you open your account. "The Unexplained Excitement" hehe.

Enjoy it I say! Enjoy life! Be Positive!

God Bless and Good Luck!

Update: 15 March 2016

Here are the list of stock brokers in the Philippines where you can open an account and start trading.
www.firstmetrosec.com.ph
www.bpitrade.com
www.philstocks.ph
www.wealthsec.com
www.abcapitalsecurities.com.ph
www.rcbcsec.com
www.angpingonline.com
www.abacusonline.com.ph
www.itrade.ph
www.2tradeasia.com
www.utradeph.com


Update: 16 April 2016