Opening A Brokerage Account
Before you invest or start to trade, you will be needing a brokerage account that will serve as your channel to monitor your money. You cannot start trading or investing without a brokerage account. This is the reason why I recommend newbies to look for the best platform they can navigate well after learning the basics of stock market. With all the existing online investment platform, you only need to open at least one account from one broker for your own convenience. For starters who are yet to open their account, let me share with you how you can open your brokerage account through First Metro Securities.
Catch me in my live training events! (quick plug)
The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.
Stock Smarts Manila — June 15, 16, 22, 23, & 29, 2019
Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019
Stock Smarts UAE – August 30 – September 3, 2019
Stock Smarts Qatar — October 3 – 6, 2019
Stock Smarts Taiwan – November 2, 2019
Start Opening A Brokerage Account
To start opening your brokerage account through First Metro Securities, you need to follow this process:
1. Go to the website of First Metro Securities.
2. Navigate the website and look for the “Open An Account” button.
3. There will be 3 options to open an account. Click the button according to your preference.
a. For Metrobank Holders
b. For Other Bank Depositors
c. For those who prefer On-Site Account Opening
4. Secure the following requirements:
a. Tax Identification Number (TIN)
b. SSS or GSIS
c. Metrobank account or other bank account where you want to deposit all your proceeds.
d. A valid ID – it can be your passport, driver’s license, UMID, PRC ID, Voter’s ID, or any identification card issued by the government.
e. Proof of Address – it can be your utility bills.
f. Your current email address
g. Bond paper and pen for your specimen signature
Benefits Of Opening An Account With First Metro Sec
If you don’t know it yet, First Metro Sec is a subsidiary of Metrobank, one of the biggest bank here in the Philippines. One good thing about utilizing this online platform is that it goes paperless. You can actually open an account anywhere in the world with the tip of your fingertips at your own time and phase. If you’re a Metrobank or PSbank holder, you don’t need an initial deposit to open your investment or trading account. You can send your application even without an initial balance. And for non-Metrobank holders, you will need at least P2,500 or $50 to create an account.
Tips When Opening A Brokerage Account
Don’t just open an account for the sake of having it. Look for the advantages and disadvantages of the online investment platform you chose. If you want a simple website or an online account that can be easily navigated, choose a broker with a user-friendly interface. You can also consider the special features of an online broker such as having an application which you can download from an iPhone or Android. In addition, you should always go for safe investing and trading. You can choose from a lot of safe and secured financial brokers like Metro Sec, COL, and ATRAM. Protect your money by choosing the best online platform for you.
