//
you're reading...

Compare Philippines Online Stock Brokers - Fees Requirements and Minimum Deposit

Compare Philippines Online Stock Brokers – Fees, Requirements and Minimum Deposit

Compare minimum deposit requirements, documents and fees in the table below featuring 13 online stock brokers in the country.

Start trading today!

http://dream-it-plan-it-do-it.com/

For more related posts on stocks investing and trading, check out the following articles:

Stockbroker
Minimum Deposit
Requirements
Related Fees
Php25,000
Customer Registration Form
Cash or check deposit
Signed Disclaimer Agreement
Valid IDs
Commission rate for all online transaction including Good ’til cancelled (GTC) transaction = 1/4 of 1% on gross value or
Php 20.00 whichever is higherCommission rate for all offline/broker-assisted transactions = 1/2 of 1% on gross value or
Php 40.00 whichever is higherFee to deposit stock certificate to 2TradeAsia.
*Applies after account with 2TradeAsia has already been opened = P300.00*2TradeAsia account closure.
*Figure may vary depending on exchange rate fluctuations = US$50.00** Trade Charges for Philippine-listed Stocks (in Philippine peso unless otherwise stated)
Php10,000
Customer Account Information Form
Online Trading Agreement
two (2) Signature Cards duly accomplished and signed
Taxpayer’s Identification No. (TIN) – is mandatory in filling up CAIF and Specimen Signature Cards
Photocopy of any two (2) of the following identification documents:- Passport
– Driver’s License
– GSIS/SSS ID
– Professional Regulation Commission (“PRC”) ID
– Comelec Voter’s ID
For non-appearance, submission of a photocopy of the billing statement of any of following would be necessary, must be current dated :
– Utility Bill – example Meralco, PLDT,
– Credit Card Bill, or
– Bank Statement
Buying Charges:Commission fee = 0.25% of the Gross Trade AmountValue Add Tax (VAT) = 12% on Commission
Securities Clearing Corp.of the Phils. Fee (SCCP) = 0.01% of the Gross Trade AmountSelling Charges (additional from above)
Additional Selling Charges:
Sales Tax = No. shares x Price x.005
Please note that Commission Fee is subject a minimum charge of Php20.00 per trade.
Php10,000
Client Registration Form
Online Trading Services Agreement
Specimen Signature Card
In addition to the forms mentioned above, please include a photocopy of your identification card bearing your photo and signature (e.g. Passport, SSS Card or Driver’s License).
Buying Charges:
Philippine Stock Exchange (PSE) fees equivalent to 0.005% of the gross amount. Gross amount refers to the number of shares bought multiplied by the price per share.Securities Clearing Corporation of the Philippines (SCCP) fees equivalent to 0.01% of the gross amount.
Broker’s Commission of 0.25% based on the total gross value of the shares purchased or a minimum of Php20.00.
Value Added Tax (VAT) equivalent to 12% of the broker’s commission.
Selling Charges:
Stock Transaction Tax (Final Withholding Tax withheld by the Broker) equivalent to 0.5% of the gross selling proceeds.  Gross selling proceeds refer to total number of shares sold multiplied by the price per share.
Transaction fees equivalent to 0.005% of the gross selling proceeds bought.
Securities Clearing Corporation of the Philippines (SCCP) fees equivalent to 0.01% of the gross selling proceeds.
Broker’s Commission of 0.25% based on the total gross selling proceeds or a minimum of Php20.00.
Value Added Tax (VAT) equivalent to 12% of the broker’s commission.
Php15,000
3 duly-accomplished forms (CAIF, OTSA, SCC)2 valid IDs (Any two of the following:
Driver’s License, Passport, SSS/GSIS ID, Senior Citizen”s Card, Voter”s ID, Government office ID, PhilHealth Card, Professional Regulations Commission (PRC) ID, Seaman”s book, OFW ID, OWWA ID, Police or NBI Clearance)
Buying Charges:
Commission = 0.25%Value Added Tax (VAT) = 12%Securities Clearing Corporation of the Philippines Fee (SCCP) = 0.01%Selling Charges (additional from above):Sales Tax = 0.005%
There is no minimum investment required to open a BPITrade account. However, before you can purchase shares of stock, you must first deposit funds into your BPITrade Bank Account (“Settlement Account” maintained with BPI Direct Savings Bank)
Online Application Forms
Valid IDs
Buying Charges: Commission = 0.25% on the gross value or a minimum commission of Php20.00
Value Added Tax = 12% is levied on the commission charge
PSE fee = Php0.00012 for every Php1.00 gross value traded
SCCP fee = Php0.00011 for every Php1.00 gross value traded
Selling Charges (additional from above):
Sales Tax = 0.50% on the gross value
A PDTC Depositary Maintenance Fee of Php 0.00000833 for every Peso market value of your holdings as of monthend will be debited from your BPITrade bank account monthly
COL Financial
(Citiseconline)
Trading Account = Php25,000COL Easy Investment Program = Php5,000
Customer Account Information Form
Online Securities Trade Agreement
Signature Cards
Valid IDs
Buying Charges:Commission = 0.25%Value Added Tax (VAT) = 12%Philippine Stock Exchange Transaction Fee
(PSE Trans Fee) = 0.005%
Securities Clearing Corporation of The Philippines Fee
(SCCP) = 0.01%
Selling Charges (additional from above):
Sales Tax = No. of Shares X Price X 0.005
Note: The commission fee has a minimum charge of Php 20 per transaction. If you require a broker-assisted trade, the commission charge is .5% of the Gross Trade Amount.
For clients with a MetrobankDirect account, there is no minimum amount required to open an online trading account.
For clients with no Metrobank Account, initial deposit of at least P 25,000.00 is required.
Bundled Application Forms – Individual Account
CAIF
Signature Cards
FMSBC Trading Agreement
Valid IDs
Buying Charges:Commission = For online trading: 0.25% of the gross value or Php 20 per trade whichever is higher.For broker assisted orders: 0.75% of the gross value per trade or Php 150 per day of activity whichever is higher.
Prevailing VAT Rate (12%) of the commission.
SCCP Charges – 0.01% of the gross trade value.
Selling Charges (additional from above):
Transaction Tax – 0.5% of the gross trade value.
Php50,000
For both Individual and Corporate Accounts, simply accomplish the appropriate Specimen Signature Card and Client Account Information Form (CAIF).
Not provided in the website
Php25,000
Submit accomplished form (CAIF, Signature Cards, Online Securities Agreement) and IDs which will be sent via email to Maybank ATR Kim Eng Securities, Inc.
Charges                                                                     
 PSE Fee                                0.00005  Based on Gross Value Traded
 SCCP Fee                              0.0001           Based on Gross Value Traded
 Sales Tax                              0.005           Based on Gross Value Traded                                                       *Applicable for SELL transactions only.
Fees                                                               
 Commission                           25 bps           Based on Gross Value Traded
                                               Php 20        Minimum commission
Vat on Commission
12%                      Based on commission
 Php5,000
Online Registration Form
Customer Account Information Form (CAIF)
Signature Cards
Valid IDs
Buying Charges:The commission for online trading (selling or buying securities) is at 0.25% of the gross trade amount, or Php20 for minimum volume traded, whichever is higher. The Value Added Tax (VAT) is 12% of the commission. There is also a .01% charge of the gross trade amount for Securities Clearing Corporation of the Philippines (SCCP).Selling Charges:
An additional fee for selling is also computed by the product of the following: (Sales Tax = No. of shares * Price * 0.005).
 Php20,000
Online Registration FormCustomer Account Information Form (CAIF)
Signature Cards
Valid IDs
Our commission cost is one of the lowest in the stock online trading industry. For every transaction, we charge only 1/4 of 1% of the gross amount, or a minimum of P45 if you are living in the Philippines or P495 if you are living outside the Philippines, which ever is higher.
Other Charges:
Buying:
* VAT on commission (12% of commission)
* SCCP Fee (.01% of gross amt.)
* Transaction Fee (.00005 x gross amt.)
Selling:
* VAT on commission (12% of commission)
* Sales Tax (.5% of gross amt.)
*
 SCCP Fee (.01% of gross amt.) 
* Transaction Fee (.00005 x gross amt.)
Php10,000
Online Trading Account Application Form
Signature Cards
IDs
BUY Transactions
UTrade charges the following for a BUY transaction
Commission:
0.25% of the gross value or a minimum commission of P20.0 for accounts without an assigned agent or broker. For accounts handled by an agent or broker, commission rates may vary.
Value Added Tax:
12% of the commission charge
Transaction Fee:
0.005% of gross trade value
SCCP Fee:
0.01% of gross trade value
EW Tax:         
10% of the commission (FOR INSTITUTIONAL ACCOUNTS)
SELL Transactions
UTrade charges the following for a SELL transaction
Commission:
0.25% of the gross value or a minimum commission of P20.0 for accounts without an assigned agent or broker. For accounts handled by an agent or broker, commission rates may vary.
Value Added Tax:
12% of the commission charge
Transaction Tax:
0.5% of gross trade value
SCCP Fee:
0.01% of gross trade value
Sales Tax:
0.50% of trade value
EW Tax:         
10% of the commission (FOR INSTITUTIONAL ACCOUNTS)
Php10,000
Online Trading Account Application Form
Online Trading Agreement
Signature Cards
Valid IDs
Buying Charges:
PSE Fee = 0.005% of the gross amountSecurities Clearing Corporation
of the Philippines (SCCP) Fee  = 0.010% of the gross amount
Broker’s Commission = 0.250% of the gross amount of purchases
Value Added Tax (VAT) = 12% of the broker’s commission
Selling Charges (additional from above):
Sales Transaction tax/Final
Withholding Tax = 0.500% of the gross selling price
Ultimate Newbie Guide to Personal Finance: 
10 Steps to Achieve Filipino Financial Freedom

Practical. Straight to the point. Taglish guide para sa mga baguhan sa investing and financial planning.
To know about this ebook, please visit link here.

Never miss the money rush!
Be in the money know.

This is MoneyLifeBlood. This is how we do it.

Like us on Facebook!

Happy millions!

1cor1614
AMDG+
PS 1 Subscribe to MoneyRush! MoneyLifeBlood Official Newsletter and get a FREE personal finance diary for 2014! Like us on Facebook and follow us on Twitter. Happy millions!
PS 2 Join our Facebook Group: Filipino Financial Freedom
PS 3 I am a charity blogger, a pet lover, a curious person, a dreamy poet and a God-fearing person. Visit TouchPhilippines.orgCuddlyCradle.comSecretsandScandals.netBeautifulMantra.com and FaithCrew.blogspot.com. Thank you so much!