If you’re looking to invest in the Philippine stock market, choosing the right stock broker is crucial. In this article, I’ll be presenting my take on the best stock brokers in the Philippines for 2024.
You want a broker that offers tight security, low-cost fees, and excellent investor education. We’ll compare fees, trading platforms, and more to help you make an informed decision.
Factors to Consider When Choosing a Stock Broker
Choosing the right stock broker is crucial when you invest in the stock market. Here are some factors to consider when selecting a stock broker:
- Security and regulation: Make sure your broker is licensed and regulated by the Philippine Securities and Exchange Commission (SEC) to ensure your investments are protected.
- Fees and charges: Look for a broker that offers low-cost fees and charges, including commission fees, account maintenance fees, and other transaction fees.
- Trading platforms and tools: Choose a broker that provides a user-friendly trading platform with advanced tools, a mobile app, and features to help you make informed investment decisions.
- Product range and availability: Look for a broker that offers a wide range of investment products, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
- Customer service and support: Choose a broker that provides excellent customer service and support, including online chat, phone support, and email support.
12 Best Online Stock Brokers in the Philippines for 2024
Here’s the list of the top online brokers in the Philippines for 2024.

1. First Metro Securities
First Metro Securities Brokerage Corporation is a stock brokerage company of the Metrobank Group, offering a range of investment products and services, including online trading platforms, research, and analysis.
- Website: https://www.firstmetrosec.com.ph
- Online trading: Yes
- Transaction fee: 0.25% of the gross value or PHP20 per trade, whichever is higher
- Mobile app: iOS and Android app
- Minimum Investment: PHP 5,000
- Email: [email protected]
- Contact number: (02) 8859-0600, (02) 8859-0699
- Address: 18F PSBank Center, 777 Paseo de Roxas, Makati, 1226 Metro Manila

2. BPI Securities Corporation
BPI Securities Corporation is the stock brokerage arm of the Bank of the Philippine Islands (BPI), primarily engaged in the purchase and sale of shares of publicly listed companies at the Philippine Stock Exchange (PSE). BPI Trade is the fully integrated trading platform of BPI Securities Corporation.
- Website: https://www.bpitrade.com
- Online trading: Yes
- Transaction fee: 0.25% or Php 20.00, whichever is higher
- Mobile app: iOS app only
- Minimum Investment: No minimum investment. But you need to maintain an average daily balance of PHP500 on your trade settlement account
- Email: [email protected], [email protected]
- Facebook: https://www.facebook.com/bpitrade
- Contact number: (02) 8580-4000
- Address: 23rd Floor, Ayala Triangle Gardens Tower 2, Paseo De Roxas Cor. Makati Avenue, Makati City 1226

3. Philstocks Financial Inc.
Philstocks Financial Inc. is an online stockbroker that offers a user-friendly trading platform, low fees, and a range of investment products, including stocks, bonds, mutual funds, and ETFs.
- Website: https://www.philstocks.ph
- Online trading: Yes
- Transaction fee: 0.25% or Php20.00, whichever is higher
- Mobile app: iOS and Android app
- Minimum Investment: PHP 5,000
- Email: [email protected]
- Contact number: (02) 8588-1900
- Address: G/F Unit EC-05B East Tower, Philippine Stock Exchange Center, Exchange Road, Ortigas Center, Pasig City 1605

4. UTrade
UTrade is owned by Unicapital Securities Inc. They’re dedicated to customer service, better security, professional support, and guidance.
- Website: https://utradeph.com
- Online trading: Yes
- Transaction fee: 0.25% of the gross value or a minimum commission of PHP 20.00
- Mobile app: iOS and Android app
- Minimum Investment: PHP 10,000
- Email: [email protected], [email protected]
- Contact number: (02) 8892-0991, (02) 8823-5344, 0999-8857616
- Address: 3/F Majalco Building, Benavidez corner Trasierra Streets, Legaspi Village Makati City 1229

5. AB Capital Securities
AB Capital Securities is a full-service brokerage firm that offers a range of investment products and services, including online trading platforms, research, and analysis.
- Website: https://securities.abcapitalonline.com
- Online trading: Yes
- Transaction fee: 0.25% based on the total gross value or a minimum of Php20
- Mobile app: iOS and Android app
- Minimum Investment: PHP 10,000
- Email: [email protected]
- Contact number: (02) 8898-7555
- Address: 12th Floors PSE Tower, 5th Avenue corner 28th Street, Bonifacio Global City 1634 Taguig City

6. COL Financial
COL Financial is a popular choice for Filipino investors, offering low fees and a user-friendly trading platform. It also provides a wide range of investment products, including stocks, bonds, mutual funds, and ETFs. The only downside is that they don’t have a mobile app. Follow our guide to open a COLFinancial account.
- Website: https://www.colfinancial.com
- Online trading: Yes
- Transaction fee: PHP20 minimum per transaction and 0.25% of the gross value
- Mobile app available: No
- Minimum Investment: PHP 5,000
- Email: [email protected]
- Facebook: https://facebook.com/COLfinancial
- Contact number: (02) 8651-5888
- Address: 2401B East Tower, Philippine Stock Exchange Centre, Exchange Rd. Ortigas Center, Pasig City 1605

7. AAA Southeast Securities
AAA Southeast Equities is a full-service brokerage firm that offers a range of investment products and services, including online trading platforms, research, and analysis.
- Website: https://aaa-equities.com.ph
- Online trading: Yes
- Transaction fee: 0.25% of trading value (P20 min)
- Mobile app: iOS and Android app
- Minimum Investment: PHP 50,000
- Email: [email protected]
- Contact number: (02) 8403-2927
- Address: Ayala Tower One and Exchange, Unit 1511, Ayala Avenue cor. Paseo de Roxas, Makati City

8. Wealth Securities
Wealth Securities is the online stock trading of Wealth Securities, Inc. (WSI), a leading member of the Philippine Stock Exchange. WSI was incorporated in 1986 and has consistently
ranked among the top local brokers in terms of value turnover.
- Website: https://www.wealthsec.net
- Online trading: Yes
- Transaction fee: 0.25% of the gross amount
- Mobile app: iOS and Android app
- Minimum Investment: PHP 10,000
- Email: [email protected]
- Contact number: (02) 689-8008
- Address: 15/F Philippine Stock Exchange Tower, 5th Avenue corner 28th Street, Bonifacio Global City, Taguig City 1634

9. iTrade
iTrade is owned by DA Market Securities, Inc. (DMSI), a traditional and online equities brokerage firm with an affiliate in banking and financing in Central Luzon.
- Website: https://itrade.ph
- Online trading: Yes
- Transaction fee: 0.25% on the gross value or PHP 20.00 minimum
- Mobile app: None
- Minimum Investment: PHP 100,000
- Email: [email protected]
- Contact number: (02) 8887-6407, (02) 8834-7765
- Address: Unit 1105, PSE Tower, 5th Ave. Cor. 28th St. Bonifacio Global City, Taguig City 1634

10. BDO Securities
BDO Securities (formerly BDO Nomura) is a subsidiary of BDO Unibank that offers a range of investment products and a user-friendly trading platform. It has competitive fees and charges, making it a great choice for beginners.
- Website: https://www.bdo.com.ph/securities/home
- Online trading: Yes
- Transaction fee: 0.25% of the gross amount
- Mobile app: iOS and Android app
- Minimum Investment: No minimum. You only need a BDO Savings account
- Email: [email protected]
- Contact number: (02) 8840-7000, (02) 8878-4070
- Address: BDO Corporate Center, BDO South Tower, 20th, 1226 Makati Ave, Makati, Metro Manila

11. 2TradeAsia
2TradeAsia is a pioneer in online stock trading with a mission to develop an innovative and efficient online investment solution in the country.
- Website: https://2tradeasia.com
- Online trading: Yes
- Transaction fee: 0.25% or Php20.00, whichever is higher
- Mobile app: iOS and Android app
- Minimum Investment: PHP 25,000
- Email: [email protected]
- Contact number: (02) 8856-7680, (02) 8813-0865
- Address: 17th Floor Lepanto Bldg., 8747 Paseo de Roxas, Makati 1226

12. Investors Securities
Investors Securities started operations in 1969 and is a member of Philippine Stock Exchange(PSE).
- Website: https://www.investorsonline.ph
- Online trading: Yes
- Transaction fee: 0.25% on gross trading value or Php20.00, whichever is higher
- Mobile app: No
- Minimum Investment: PHP 50,000
- Email: [email protected], [email protected]
- Contact number: (02) 8848-7033, (02) 8891-8441
- Address: 604-605 Tower 1 & Exchange Plaza, Ayala Triangle, Ayala Ave., Makati City
FAQ
How do online stock brokers work?
Online stock brokers provide users with access to a trading platform where they can buy and sell stocks. Users can fund their accounts, place trades, and monitor their investments online.
How do I choose the best online stock broker?
When choosing the best online stock broker, consider factors such as the reputation of the brokerage firm, the trading fees they charge, the range of products they offer, the user-friendliness of their trading platform, and the quality of their customer service.
What are the benefits of using an online stock broker?
Using an online stock broker offers several benefits such as convenience, lower trading fees, access to a wide range of products, and the ability to trade anytime and anywhere.
Can I trade stocks online in the Philippines?
Yes, online stock trading is available in the Philippines. There are several u003ca href=u0022/stock-brokers-philippinesu0022u003eonline stock brokersu003c/au003e that cater to Filipino investors.
What are some of the best online stock brokers in the Philippines?
Some of the best online stock brokers in the Philippines include u003cstrongu003eFirst Metro Securitiesu003c/strongu003e, u003cstrongu003eBPI Tradeu003c/strongu003e, u003cstrongu003ePhilstocksu003c/strongu003e, and u003cstrongu003eCOL Financialu003c/strongu003e.
How can I open an account with a stock broker?
To open an account with a stockbroker, you will typically need to fill out an application form, provide necessary documents, and fund your account with a minimum deposit.
How do I buy or sell stocks through an online stock broker?
To buy or sell stocks through an online stock broker, you need to log in to your account, search for the desired stock, enter the quantity and price you want, and submit the order.
What is the minimum investment required to start trading stocks online?
The minimum investment required to start trading stocks online varies among brokers. Some brokers may have a minimum investment requirement as low as u003cstrongu003ePHP 5,000u003c/strongu003e, while others may require a higher minimum investment.
How much are the trading fees for online stock trading?
The trading fee for online stock trading is u003cstrongu003e0.25%u003c/strongu003e of the gross value or Php 20.00, whichever is higher. It is important to check the fee structure of each broker, including commissions, transaction fees, and other charges, to understand the cost of trading stocks with a particular broker.
Can I trade stocks using a mobile app?
Yes, many online stock brokers in the Philippines provide mobile apps that allow investors to trade stocks on their smartphones or tablets. These mobile apps provide convenience and flexibility for investors who prefer to trade on the go.
Final Thoughts
Choosing the right stock broker is crucial when investing in the Philippine stock market. It’s important to do your research and choose the best investment option that suits your investment goals and risk tolerance. Whether you’re a beginner or an experienced trader, we hope this article has provided you with valuable insights so that you are now ready to start your investing journey.