Friday, February 22, 2013

Philippine Stock Market for Non-Filipinos - Apply in CitisecOnline

Good news to our Non-Filipino friends.

Application in an online broker to participate in Philippine Stock Market is possible!

You can open your account in CitisecOnline (now known as COL Financial), an online stock broker ranked by the Philippine Stock Exchange in 2008 for the highest trade transaction volume in the industry. They have more than 30,000 customers and Php15 Billion in customer equity. 

With Citiseconline, you can now invest in Philippine Stock Market by buying and selling stocks. Just open an account and you can start buying and selling shares of different companies.

Just follow the simple steps below:
      1.      Download and print ALL the forms from this site:
      2.      Fill out all the forms with information needed.
      Take note of the following fields in the form:
a.                          Email Address - very important as they will send your credentials here. (By credentials, I mean your account number and log-in details to access your account in CitisecOnline system). 
b.                         Customer Bank Account Details - this should be a Philippine Bank Account. Your withdrawals from CitisecOnline will be deposited here. To secure a Philippine Bank Account, apply for peso account in the following Banks:
                                                              i.      Metrobank -
                                                            ii.      Bank of the Philippine Islands (BPI) -
                                                          iii.      Banco de Oro (BDO) -

     3.      Send the form through courier with  the following:
a.                          Photocopy of Public Utility Bill, Credit Card Statement or Bank Statement stating your name and present address (3 months at the latest)
b.                         Proof of Income certified by Employer
c.                          Identity Documents authenticated by Philippine Embassy or Consulate. (This can be a photocopy of your pasport)

Send to: 
COL Financial Group, Inc.
2403-B East Tower, PSE Centre
Exchange Road, Ortigas Center,
Pasig City, Philippines 1605

     4.       Fund your account.
      Once you received your account number details through your email address, you can fund your account    through Overseas Remittance via Banco de Oro. Click here for instructions. If you are following Easy Investment Plan (EIP), you can start with 5,000.00 Philippine peso. EIP is more advisable for starters. If you are an active trader, fund 25,000 Philippine peso.

       Information given here is either taken from or directly inquired from COL Financial’s office.

        When you're done with the above steps, I recommend you to join Truly Rich Club. They send suggestions on what stocks are best to buy, when you should buy and when you should sell. They give reviews of the suggested stocks to invest. This will aid you on your venture in Philippine Stock Market. I started investing in Stock Market 2 years ago and Truly Rich Club has been a great part of my venture in the market. They made me more equipped and more confident in investing. And I believe it will be helpful for you too as you start your investment.

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