Let's start by opening an account with Citiseconline.
CitisecOnline was established in 1999 with the vision of allowing a low-cost and easily accessible means to invest in the Philippine Stock Market. Over the years, it has developed a full sweep of services to empower the retail investor. These include real-time quotes, research services and reports, as well as expert-broker support, by providing him the tools to assist him make intelligent decisions. It also allows real-time execution of trades, which is the best practice in the local online trading industry. With its experience in servicing experienced investors looking for more convenient ways of stock trading, CitisecOnline is well-poised to drive the development of the online trading investor market in confluence with the increased penetration of internet access, broadband services and increasingly tech-savvy investing public.
Who can open an account?
Any individual(s) of legal age of any nationality or legitimate corporation may apply for a CitisecOnline account. Management reserves the right to approve/deny any application as it sees fit based upon its measures of standard.
Any individual(s) of legal age of any nationality or legitimate corporation may apply for a CitisecOnline account. Management reserves the right to approve/deny any application as it sees fit based upon its measures of standard.
Can Filipinos abroad open a CitisecOnline account?
Yes. There are no restrictions on place of residence.
How do I open an account?
There are 3 simple steps in opening an account.
| STEPS | ACTIONS | DETAILS |
| 1 | Fill out the necessary forms and submit it to CitisecOnline’s business center. Download the forms here. | Customer Account Information Form (CAIF) |
| Online Securities Trading Agreement (OSTA) | ||
| Signature Cards (2) | ||
| 2 | Submit a photocopy of (1) valid ID issued by the Philippine Government | Example: |
Passport
| ||
Philippine driver's license
| ||
SSS ID (1999 credit card type only)
| ||
| GSIS ecard plus | ||
| Professional Regulation Commision (PRC) ID | ||
| Comelec Voter's ID | ||
| * |
For non-appearance:
A billing statement would be needed | Example: |
Utility Bill
| ||
Credit Card Bill
| ||
Bank Statement
| ||
| 3 |
Fund your account
Minimum of P5,000 for EIP
Minimum of P25,000 for Regular | Funding Options |
Online Banking via Merchant Payment
| ||
a. Bank of the Philippine Islands –www.bpiexpressonline.com
| ||
b. Banco de Oro – www.mybdo.com.ph
| ||
c. Metrobank – www.metrobank.com.ph
| ||
Over-the-Counter via Merchant Payment
| ||
a. Bank of the Philippine Islands
| ||
b. Banco de Oro
| ||
c. Metrobank
|
* For more details on the funding options click here
What is the minimum amount requirement to open an account?
- For EIP (Easy Investment Program) and Starter (student) accounts, the minimum deposit is Php5,000.
EIP is most recommended for people like me with minimum to zero experience in the stock market investing and with little time to spare in trading the stock market. This employs the Peso-Cost Averaging method or long term investing.
I chose the EIP account because I don't have that much experience in stock trading. Long term investing is better for me since the risk is lesser than being a trader.
- For regular COL trading accounts, the minimum deposit is Php25,000.
When can I start trading?
You can start trading after your initial funds have been received and/or cleared which can take from 1 to 3 days depending on your banks clearing time. Once you see your account has funds for trading you can immediately begin trading.
What is the minimum amount requirement to open an account?
- For EIP (Easy Investment Program) and Starter (student) accounts, the minimum deposit is Php5,000.
EIP is most recommended for people like me with minimum to zero experience in the stock market investing and with little time to spare in trading the stock market. This employs the Peso-Cost Averaging method or long term investing.
I chose the EIP account because I don't have that much experience in stock trading. Long term investing is better for me since the risk is lesser than being a trader.
- For regular COL trading accounts, the minimum deposit is Php25,000.
When can I start trading?
You can start trading after your initial funds have been received and/or cleared which can take from 1 to 3 days depending on your banks clearing time. Once you see your account has funds for trading you can immediately begin trading.
How do I get in touch with CitisecOnline?
Contact numbers are as follows: Trunk line - (632) 6365411
Customer Service Hotline- (632) 6-515-888
Fax No. - (632) 636 3512
Contact numbers are as follows: Trunk line - (632) 6365411
Customer Service Hotline- (632) 6-515-888
Fax No. - (632) 636 3512
E-mail - helpdesk@citiseconline.com
Address is: CitisecOnline.com Inc.
2401-B East Tower Philippine Stock Exchange Center
Exchange Road, Ortigas Center, Pasig City
1605 Philippines
CitisecOnline Customer Service Center
2403-B East Tower Philippine Stock Exchange Center
Exchange Road, Ortigas Center, Pasig City
1605 Philippines
Happy investing!
Address is: CitisecOnline.com Inc.
2401-B East Tower Philippine Stock Exchange Center
Exchange Road, Ortigas Center, Pasig City
1605 Philippines
CitisecOnline Customer Service Center
2403-B East Tower Philippine Stock Exchange Center
Exchange Road, Ortigas Center, Pasig City
1605 Philippines
Happy investing!
1 comment:
Useful post! Now that you have decided to start trading in stock, it is important to choose the broker after proper research. The brokerage you pay can make a big difference in the return you make in the long run and most of the time; it is complicated to change the brokers once you have selected your broker Lowest Brokerage, So do proper research before making your decision, and even get the Stock Tips for Intraday , Most of the information is available on the website
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