Do you have plans of growing your money by investing in the Philippine stock market any time soon? Or are you already a stock market investor who happens to have loads of friends who keep asking you about how to open an account with an online stock brokerage company?

Did I just describe myself BEFORE and AFTER I opened my very first stocks investment account? COL Financial Group Inc. Journey To Millions is not affiliated with COL Financial.

We only share with you what we have experienced first hand. CitisecOnline COL is the leading online stockbroker in the Philippines today. With over 15, customers and over Php12 Billion in assets, it has built itself as a formidable institution and a force to reckon with in the stockbrokerage industry. Sinceit has ranked the Number 1 Broker in the Philippine Stock Exchange in terms of the total number of transactions. Edel and I will be forever thankful to Bro.

Bo Sanchez for having introduced us to COL Financial. Such a good man! Are you sure you are ready to take the risk of investing in the stock market? By now, you should know that investing in the stock market may expose you to one of the highest levels of risks out there!

Customer Account Information Form CAIF b. Online Securities Trading Agreement c. Specimen Signature Cards — you need two copies. Photocopy of one valid government issued ID.

Accepted ID are the following: Billing Statement — recent, no later than 3 months past. Alien Certificate of Registration ACR or Work Permit from DOLE iii. Authentication of a photocopy of one valid passport. Proof of Income iii. Photocopy of one valid government issued ID of the parent ii. Birth Certificate of the minor applicant iii. Duly-signed ITF Supplementary Agreement iv.

In case you have much free time, I would recommend that you visit their office and hand your documents personally. This gives you the chance to raise any of your concerns on the spot. However, if you are nowhere near Manila, you can send all the documents via courier LBC, DHL or other courier services that you trust will do.

You can call them up or to ensure that they receive your requirements. You can also send an email to helpdesk colfinancial. It is an eight digit number with a hyphen after the fourth number e. Make sure that you always check your inbox for an email from COL Financial.

Be sure to check your spam folders too. There are different ways on how you can fund your account. The easiest and the most convenient way is to pay online through BPIBDO or Metrobank. BDO banks are open even on weekends in SM branches nationwide.

Personally, I recommend that you setup your own online banking account. This way, you can transfer funds from your bank account to your COL Financial account easily. That would be a big waste of your precious time.

On the other hand, the harder way to fund your account is to go and visit the COL Financial Business Center. Not unless you live or work pretty close to their business center, transacting with the bank would be a better choice. All check payments must be payable to COL FINANCIAL GROUP, INC. Kindly include your Name and COL Financial Account Number eight digit number at the back. Change your password by logging in your account then click HOME tab then Change Profile. Look for the password record and click EDIT.

Have you tried opening an account with COL Financial before? Do you think the documents required are reasonable? As always, if you know someone who would benefit from this post, please take a second and send them a link to this article. Help us help others become aware how easy it is to start their Journey To Millions. Image taken from Nashville Real Estate News and Blog. Billing StatementCitisecOnlineCOL FinancialIDOnline StockbrokerPersonal FinancePhilippines.

Hi, Thanks for recommending COL Financial. I had subscribed already three months ago and I lose some few pesos after buying and continue losing because the downtrend is still on the go. I know a lot of OFW in this scenario of not having emergency fund. It seems it will take more years to pass before millions of OFW will learn how to set aside an EF for themselves.

I am glad to know you did learn and practice it. Happy financial management then. I am glad to know that you and your wife have long learned the importance of having an emergency fund. It sure feels good to have a fully funded emergency fund as yours.

Our fellow Kababayans should learn from you on that respect. Regarding your investments in the stock market, I am sorry to learn about your paper loss. I hope you are employing some strategies to counter the loss and I also hope that you continue to learn more about stock market investing to also avoid more losses in the future. The more we know, the better our decisions will be. The stock market is one of the best places to grow our money today, but only if we do it the right way. Edel and I are not yet experts in this respect, but we are taking baby steps to improve our understanding of it everyday.

Thank you for this post! I am thinking about investing in stock market recently. I heard COL financial from Bro. Bo Sanchez as well in one of his talks and it gets my interest. I also remember Bro. Meaning you will not pull it out once you have invested it in. By the way, just a tip. This will keep you motivated especially during rough times. I would like to open an account with col financial especially because I also would like to be a part of the TRC.

Problem is I dont have a billing statement. I wish I could drop by their office to personally inquire but thats also impossible at this time.

If you know of a way, can you pls share it to me? For more information, you can call their hotline at or or email them at helpdesk colfinancial. Hi, Thanks for the post. I would like to ask, how to subscribe if you are an OFW. Actually I can go vacation one time a year only but on limited time. Just fill up the form found in COLFinancial website then ask a relative to submit all the requirements on your behalf.

After that, you can fund your account via BDO overseas remittance. You can download the instructions here: Thank you for good advice, I have one question.

Currently my family is renting an apartment only in the Philippines, and one of the requirement of COL Finance is billing address can I use my current address and the name indicated is not my name, how to provide or is there any other way. If you worry about not having billing address, you may use your current address to apply for a COL account. In case you change your address, you may update that information by logging-in in your account in COL.

However, after editing the address in your account, you need to fax an official request form or send via courier before COL can update your new address in their database. Still im a little bit confuse. What if i need the money that i already earned, how can i get it? Completely fill up the details necessary in the form and the send a copy by fax at or email to withdrawals colfinancial. If you would be picking up the check in our business center, we would need the original filled out form to be surrendered.

An unused cash balance longer than three days dormant can be withdrawn anytime thereafter, allowing for one day notice with a cut-off time of 11am to prepare the check payment for that day.

Is there any procedure that the proceed from stock sale be electronically transfer on my bank account? I am interested in this for my son,studying BSC econ. This was verified with a COLfinancial representative. Thanks in advance for your reply! You need to submit a new set of forms and requirements for each account application even if you already have an existing account.

Hi im planning to open an account with COL pero i have to ask, un bang 5k na opening magiging initial amount sa COL account or is it payment sa opening ng account mo which means zero balance magstart yung account?

These sources can provide you with information which stocks to buy or sell. However, it will be best if you understand why they are recommending it. This way you can have a logical approach on what to do on your investment hindi yung blind follower ka lang. Always remember that it is your money not theirs. Requirement kasi nila yun.

I suggest na ipunin mo na lang muna until maka-5k ka. Then, saka ka mag-open ng account. After naman nun, pwede ka na maglagay ng kahit magkano although, if I am not mistaken may additional fee if below Php Ang mutual fund ay isa sa mga articles na isusulat pa lang namin.

So, sa ngayon wala pang discussion dito sa Journey To Millions about mutual funds. Sa tanong mo na kung saan mas maganda sa dalawa, ang sagot ko dyan ay depende. Depende sa mga financial goals, sa time horizon mo, at sa iba pang bagay. Parehong kaya ng pag-iinvest sa mutual fund or sa stock market na palaguin ang pera mo. Think it this way. Pag clear sa yo kung saan ka pupunta, pwede kang magdrive ng sarili mong sasakyan papunta doon.

Pwede ka din magcommute. Ang pag-iinvest sa stock market ay parang pagda-drive ng sarili mong sasakyan. Ang pag-iinvest sa mutual fund ay parang pagcocommute. Parehong maganda kasi magagawa mo ang objective or goal mo, ang makapunta sa gusto mong puntahan. Depende na lang sa yo kung papaano mo gustong pumunta doon. Sa tanong mo naman na kung safe na mag-invest sa mutual fund, ang masasabi ko lang ay in a way yes. May government agency securities and exchange commission naman na nagbabantay sa mutual fund companies.

Binabagay kasi nila yun sa risk profile ng tao. So, kung gusto mo ng safe or conservative ka, usually mababa ang kita nun kumpara sa high risk investments. From conservative to high risk, merong mutual fund nun. Tandaan, mas mataas na risk, mas mataas na return. Mas mababang risk, mas mababa na return. Hi sir, your article is very helpful, im planning now to open an account at COL, im still confused and no idea in stock market, but i really wanted to learn about it.

Buying and selling depends on what your goals are. It depends why are you investing in the stock market in the first place.

So, I suggest before investing identify your goals first. Then, study which options can help you reach your goals. I just want to know, since there is a 5k opening amount with different benefits with the 25k initial investment, is it possible to upgrade a COL account? Does that mean my COL account will automatically be upgraded? If there are then what are they.

Different benefits kasi ung 5k tsaka 25k in terms of price updates. Once your portfolio reaches 25k, it will be automatically upgraded.

No email or option selection needed. I also opened an account with 5k investment and it was updated automatically when I reached 25k. I think it is not a toll free number but you can email them at helpdesk colfinancial. They usually respond quickly. As for the IDs, their requirement is government issued ID but I am really not sure if they accept TIN ID because it is just a piece of paper with your picture in it, right? Stock market earnings are from capital appreciation and dividends. Capital appreciation means buying stock at price and selling it at a higher price.

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The difference is your earnings or in a way interest. Although it is not guaranteed like banks. Just want to ask regarding the requirements. Hi Edel, would like to ask about investing in stock market. If I invest in stock market and use this COL EIP or etc to buy stocks, what is the minimum amount to deposit like for ex. The minimum amount to deposit monthly really depends on you. Meron kasing tinatawag na board lot or the minimum multiple of shares investors are allowed to buy.

Converting these board lots to Pesos can range between to 15K. You may refer to COL EIP guide for more details esp page 5 — 6. Thank you for your prompt response. Regarding dun sa tinatawag na board lot. Tama po ba pagkaintinde ko? Board lot depends on the price nung particular company sa stock market.

You may refer to this table from the Philippines Stock Exchange PSE website. Check the first, second and fourth columns of the table.

Ibig sabihin nun, pag ang presyo ng stock ay between P0. Thank much for the advise. Now I have little idea about this Board Lot Table for buying stocks. I would like to ask again. It is not required. In case you were not able to make a deposit for a certain month, it will just skip the purchase of EIP stocks.

As for the monthly deposits, it depends on you. I have a question. Can I just submit a print of those application form?

Or do I need to contact them and have them sent the real forms for me to fill out? Im from mindanao by the way. You can either fill out the form online then print it or print it then fill it out. No need to contact COL for a copy of the application forms. Hi Elvin, I heard about COL FINANCIAL from Bro Bo Sanchez. One of my friend already have an account and invested in stock market through COL. I would like to express my interest of opening my own account, too.

Thanks to your post for providing a walk through process. However, I believe that I have to understand everything first.

Elvin can you help me? If you can send me your personal email for some question. Kikita ka sa stock market kapag bumili ka ng stocks sa mababang presyo at kapag binenta mo ng mas mataas na presyo buy low — sell high.

Pwede ding kumita sa stock market kapag nagbigay ng dividends ang company na binili mo. Madaming strategies sa pag-iinvest sa stock market pero ang bottom line nun ay yung nasabi ko kanina buying low and selling high. As for the target price, they are usually posted sa website ng stock market broker. Kaso, mas maganda kung naiintindihan mo din kung bakit yun ang nacompute nilang target price.

Mas maiintindihan mo ito kung aattend ka ng mga seminars na nagdidiscuss kung paano mag-invest sa stock market. Ang COLFinancial ay nag-ooffer nito sa kanilang office. You may visit their website for the schedule. Ask ko lang din po pla. Bka po kc pagpunta ko dun eh biglang may babayaran.? As far as I know, the training they offered are free. You may want to call their hotline or you may register through this link: Napadala ko na po sa COL yung documents ko via LBC.

Delivered and nasa representative na noong May 10 pa. Nilagay ko po palang address hindi Ayos lang po siguro yun? Tsaka po pala yung ID na pinass ko ay NBI clearance na wala po sa mga nabanggit nyo. I raised your concern to a COL representative. Wala daw pong kaso yung sa address. As for the NBI Clearance, it would not suffice. You may email jacqueline. Bago palang po ako sa pag iinvest. Nakabili na ako ng stocks.

For example day 1, equity ko at yung day change ko is Pag close ng market, equity ko na Next day may day change na naman ako ng Edi equity ko Pinagcocompare po ba dun ay yung cost kung magkano nabili at market value? Pano po kung may loss ako everyday, pwede po bang maging negative ung equity value ko? Loss naba talaga yun? Hindi ko na po ba mababawi pera ko nun? Tama po kayo, ang comparison po nun ay kung magkano na ang presyo currently sa stock market at kung magkano nyo sya nabili.

So what am I getting wrong? ACR card is a requirement for resident foreign citizens. Since you are a non-resident foreigner, you only need to submit the following additional requirements: Authentication of a photocopy of one 1 valid passport Photo and signature must be clear, proof of income and recent billing statement taken from COLfinancial website.

You may contact helpdesk colfinancial. As im looking at the customer account information form you can see there on the first page upper right that theyre asking for your account number. Theyre asking for the bank account number right?

Actually, the account number there is for COL to use. HI Elvin, I just receive the email confirmation from col with my col account number however they mistakenly placed my II the second after my last name when it should have been place after my first name. I sent them an email already regarding this and i told them to spare me from any inconvenience and that iwanted my name corrected immediately. Its really not a big deal right?

Its only that they misplace the II the second. Anyway do you think its okay for me to fund my COL account eventhough they havent corrected my name yet? What do you think I should do elvin? I think it would be best to wait for their reply first before funding your account. They reply quickly, based on my experience. As I checked my profile in COLFinancial, I can no longer edit my account name there. Other details such as email address, home address, mobile number, bank details etc can be changed.

Hi Sir, Ask ko po, paano kung wala ako any billing statement, credit card statement or bank statement na ma provide, im working here in Dubai po pwede pa din po ba ako mka join sa Col Financial at ma pa process din po ba ang documents ko? I asked a COL representative about your case.

I would like to ask you again. I have read other articles in other websites regarding on stock market. Can you explain their differences? Fundamental analysis involves analyzing the characteristics of a company in order to estimate its value. Technicians sometimes called chartists are only interested in the price movements in the market.

Good evening Sir, Ask ko lang po about sa requirements… ang Name and Signature ko po kasi sa mga IDs ko including my passport ay nung dalaga pa ako, i got married po kasi at hindi ko pa napapa-update.

Pwede po kaya yun i-submit sa pag open ng account sa col financial? I raised your question sa COL representative. She said that you may include a marriage certificate for using rsi forex trading to process your application. Paano po kapag student lang, pwede po bang student ID ang gamitin?

Tsaka nag mamail po ba ang COL financial ng mga updates or thru e-mail po? Kasi kapag thru mail baka di umabot sa amin kasi bihira dumaan ang mailman sa lugar namin dahil medyo liblib. Thanks po at more power. Based on experience, student ID is acceptable. Yun na lang ba ang concern mo sa requirements? Regarding your second question, lahat ng updates ay makikita mo sa website ng COL, hindi nila sinesend yun via snail mail. Thank you po sa reply! So wala po akong eexpect na any mail from COLfinancial?

BTW, magkano po iyong suggested na starting money if I will invest in stocks? I know 5, is ape publishing work from home minimum to open an account pero magkano ang kailangan ko to get some stocks for a well known company? You may refer to my comments kay Renald on this page. Hi Sir, ask ko lang po if original copy ng billing statment iyong kailangan ipasa or just a photocopy of it.

Ask ko lang if bank statement ang isusubmit ko. Pwede na kaya iyon or kailangan talaga ung bank statement galing sa bank? Ask lng po, hirap kasi makakuha ng bank statement lalo pag wala tayo sa pinas. Di kaya pwedeng employment certificate na lng instead of bank statement? As for your bank statement, you should not have a problem if you have one sa pinas. Mali po kasi yung account name ko sa col account and i already fund my account then upon checking zero cash balance and my account is not yet enrolled once I tried to buy stocks.

I am not sure if postal ID is acceptable. You may try asking helpdesk colfinancial. Tanong ko lang po ang office hours ng COL and if ever I go to visit their office to submit requirements, what is the best timing? I cara withdraw akun instaforex from Las Pinas.

Just want to learn more about stock market. I already have an account in COL and I already invested in it. I just notice something and I hope my guess is right. Little difference between them. Can you teach me about this to further enhance my knowledge. I am not sure about your question. Question po, about application sa COL, yung mga requirements po ba like Birth certificate and Proof of Billing ay kailangan original copy??

Thanks for your help….! Paano ba kung nakatira pa ako with my parents, and therefore the billing statements are not under my name? And one more v1 and v2 forex, do i really have to apply for a tin so that COL financial will approve my application? I have also analytics forex this in the terms and conditions.

I brokerage firms in indianapolis so sorry for throwing may questions. I would really want to open an account. For TIN, it is required but I think you can pass the application without it. My niece applied for a COL account before and got approved. She does not have a TIN until now. But recently, COL is asking for her TIN. This was more than a year ago.

Hindi ko na lang kung gaano sila kastrict ngayon. For the account number section, COL will fill it up for you. It would be your COL account number. I want to open an account in COL. I have filled out all forms and are ready to be sent through LBC. But I have an account in BPI, can I use the printed online bank statement as a requirement? I have a question lang kasi medyo na-confuse ako. And regarding sa IDs, accepatable ba ang school ID in case na wala pa kong government ID?

Thanks in advance for your response! Nung nag-open ng COL account ang pamangkin ko, school ID ang ibinigay learn foreign exchange rates ato. As for the TIN, wala din syang naibigay.

Although, recently, pinapagsubmit na sya. I want to open an acct with COL but i dont easiest way to get money in gt5 an acct with BPI, BDO or MBC. Requirement po kasi ang bank account kasi yun ang gagamitin nyo to fund your COL account. Yun din po ang gagamitin nyo to withdraw funds.

I stock trading ezine to open your bank account first. Madali lang naman po ang requirements nun. Yes you may send the application via courier.

Parabolic sar in binary options sure to email helpdesk colfinancial. I finally have the courage to open up an account. May I ask for your e-mail address if ever I would need your help? Asymmetric volatility transmission in international stock markets you very much!

Is my plan a good idea? Having a goal is the first step, kaso it would require diligence to reach the goal. If diligence is not there, the plan may or may not be achieved. Hi, Im planning to opem an account but i have one concern about TIN, i dont have TIN since im an OFW. Is it ok to apply even without it TIN? Thanks, btw ur blog is very helpful!!! Thank you for appreciating Journey To Millions. Please spread this site so that we can help more Filipinos about personal finance. TIN is required in having a COL account.

However, my niece applied for a COL account and got approved two years ago. Pwede mo naman sigurong isunod na lang yung TIN number mo when applying. I suggest to open a Philippine bank account prior opening COL account. Lalo na wala ka sa Pilipinas to do the transaction and all. Unless someone in the Philippines is willing to do all the legwork for you. Hi Edel, Nice post! I also tried to attend on his free financial seminar.

So happy and blessed to see this post. I am currently working on my emergency fund first but I have hard time saving on it because of my current salary and situation today. Nevertheless, I still have high hopes that I could start investing to COL soon. Hoping your guidance would truly help me in my journey. It would be best to build up your emergency fund first. By the way, I suggest you to read our previous posts starting from the very first one.

Hi ElvinAsk ko lang I am from Dar es salaam stock exchange listing requirements City and I want to invest in stock through COL, what if I sell my stocks in a higher price ,how do I get to encash the proceeds of my stocks knowing that my place is so far from their head office? I have a savings account in BPI ,I also have a paypal, can they deposit the proceeds to any of those accounts?

What are the necessary docs then if someone not from Manila wants to encash the proceeds? Thank you very much. You just need to send the hard copy of the requirements through snail mail. Forex majors and minors need the original signed copies of the application form. After that every thing can be done online. As for the encashment of your proceeds, you can do that. COL can transfer your available funds to your BPI account.

The process usually takes 2 to 5 banking days. Hi po Elvin, I am currently working abroad UK. After two weeks, I have already opened and funded my COL account. I used wire transfer to fund my account, but the charge is very expensive.

I-Remit is another cheaper option, but no I-remit branch near my location. Can I use western union po instead? Thanks in advance for your reply. I raised your concern to COL. Hi Elvin, Pwede bang gamitin ang bank account sa Land Bank pag nag apply ng account sa COL?

I am here kasi sa davao temporarily for three months and ayaw ko naman mag open ng account sa BDO BPI or Metro Bank here in davao. I understand pwede naman over the counter muna ang pag fund ng COL account di ba? Later nlng ako mag online banking pag balik ko manila. Gusto ko n kasi mag invest sa COL financial ngayun. However, kailangan mo silang iprompt kung ano ang bibilhin mong stocks from free stock trading software for beginner premium stock list — hindi sya automatic sa simula.

You may refer to this primer: You may try investing in a mutual fund or unit investment trust fund UITF if you want the company to buy stocks on your behalf.

Some funds also offer a minimum deposit of 5K. If United State Postal Services can deliver forexyard intraday dito sa Pinas, dapat wala kang magiging issue. Id like to follow up this concern. I am not sure of your concern. You may direct your question at helpdesk colfinancial.

I am a student, 19 yrs old, still living with my parents. I wanted to open an account. What would I do? Dapat kung ano ang address dun sa billing statement, yun din yung address mo.

Good investors primer iii investing in the philippines stock market to you Elvin!!! That what a very informative topic. I would like to ask about funding your COL account is that after you buy stocks or before buying a stock?? You need to have funds in COL before you can buy stocks. As for withdrawing funds, you can only withdraw your cash balance.

Think of it this way. For example, you have P10, in your wallet. Your friend A borrowed P6, You can buy whatever you want with P4, Leading indicators for binary option brokers the P4, is used up, you can no longer buy anything unless you get your P6, from friend A.

In COL terms, P4, is your cash balance that you can easily withdraw from your account or use to buy more shares of stock.

You can withdraw your P6, after selling your stock position. I am currently doing my researching about investing in stocks and thanks to google I found your website.

Well, technically I am only 18 years old and currently studying. I have some questions about COL and their reuirements in opening an account. Is student ID can be used as valid ID? Aluminum stock trailers for sale in louisiana last page in pink floyd bass tabs wish you were here an account is about the financial something of the person including the assets, net worth, annual income and the source of income.

What will I answer that if I am only student? COL accepts student IDs. You may tick the following as your answers:. Selling your stock position is like this. For example you own a sari-sari store. The number of candies and chips you have are your stock position. In the stock market, you buy to own shares of stock of a certain company or companies. You can only sell the shares of the company or companies you own. Thank you very much and all the best! Feel free to post your questions.

I am glad dahil napunta ako sa page mo while doing some research about investing. Bilang wala akong alam sa stock market, I find other articles about investing intimidating, lalo na pag may jargons.

I hope you can help me understand the basic process of investing sa COL. Base sa nabasa ko dito sa blog, pwedeng magbukas ng COL account at makapaginvest sa halagang 5K, tama ba? A friend of mine told me that I have to have at least 30K to in order fiscal cliff stock market effects invest.

Hope you can enlighten me. COL Starter — this is a entry level account where the minimum required investment is only P5, COL Plus — this is for a bit advanced investors that has access to live chart data where the minimum required investment is P25, COL Premium — this is for premier investor that provides COL Plus information aside from the personal manager dedicated to assist you.

This has a minimum required investment of P1, You may refer on this link for more details: Pag nagstart ka with COL Starter at ginawa mo regularly and umabot ang invested amount mo to P25, automatic na nilang ina-upgrade ang account mo. Thank u so much. My office mate informed me about COL Financial.

She said that her friend have earned by investing. I hope you could enlighten me. Investing in the stock market is very much different from hiring a financial advisor. You can invest in the stock market without the assistance of prediction forex software financial advisor.

Likewise, you can subscribe to a financial advisor without investing in the stock market. The fees associated with investing in the stock market are clearly indicated in the COL website, while the fees associated with hiring a certified financial planner to help you make a financial plan generally starts at P5, depending on the breadth and depth of the plan you require.

How can I attend a free seminar from Col Financial? Can i visit personally or there is a schedule for the said seminar? If there is can you tell me when and what is the requirements i need to bring? You may visit this link for schedules: Hope you could entertain my queries. I just want to confirm if it is acceptable if documents for opening an account at COL Financial can be emailed and not personally submitted in their office?

Im really looking global forex richmond to opening an account at COL. Moreover, I have a forex trading traders tactics and techniques and we decided to open a join account.

And what are the requirements needed from both of us? When I chose Joint account in an online application, it only require should i buy hemp inc stock name, how about my friend?

Lastly, I am renting a condo with my friends, and the billing statement name was not mine. Is it acceptable if I use it? I suggest that you just download the forms online, fill it up and send it via courier. May fields kasi dun na fifill-upan for joint accounts. As for having your friend open a who regulates investment brokers account with you, think it through.

Anything can happen, pwede kasing magkaiba kayo ng risk profile or magkaiba kayo ng plans sometime in the future. It may cause conflict. Thanks for the response! Malinaw na din sakin yung instructions. I just want to ask if i am eligible to open an accnt with your company i am a ofw tnx n more power.

You can follow the instructions found on this link or read the how to make a sly binary options above for more details:. I am a Filipino citizen and interested in investing at COL Financial. I have a concern regarding the requirement. Would it still be possible I can invest in COL Financial? This blog is so helpful po. Gusto ko lang po sana malaman, paano po ba ung stock.

Tama po ba ang pagkakaintindi ko? And say na I bought a stock, Kanino ko po ba binibenta ung stocks that I previously purchased? Is that how it works po ba?

Yes you can purchase from the list of publicly listed companies in the Philippines through COL or any other stock broker. For your other question. Binebenta ang stocks na nabili mo na sa ibang stockholders na naghahanap ng stocks na binebenta mo. It can be a small investor just like you or a company. Since OFW ako d2 sa UAE. Ano ba maganda gawin. Your deposit might get lost kaya you have to email COL agad. Kakasign up ko lang po sa COL financial, ang tanong ko po e sa ITF.

If the applicant is a minor, a parent or legal guardian who is of legal age may open an In Trust For ITF account for the child. An ITF account is technically an individual account of the parent as primary account holder until the minor turns 18 years old. Requirements needed for the parents are same as the regular account but for the child we only need a copy of their birth certificate. Based on the above statement, it depends on the age of your child.

Dun po nakadepende kung maiapply yung anak nyo as ITF. I would like to open an account in COL. I just have one question before I finalize my account, If I am the account owner of the stock and God forbid I die, will my money go to my beneficiary child? If yes, can my beneficiary still continue with the stocks investment using my account?

Assuming they know my password and all. And how will my beneficiary withdraw from my account without needing my signature as im deceased? Or do they have to close and sell the stocks.

I asked your concern from a COL representative. She said that COL account, unlike banks, does not have beneficiaries. You may opt to axa wealth elite balanced managed life a joint or account instead of an individual account. This way, either you or your child can withdraw funds from your COL account.

Kahit anong billing statement as shanti forex tilak nagar hyderabad as nagmamatch sya dun sa address ng COL form. Binary options trading platform uk for the deposit, you may try iRemit. You may refer to this link for the instruction: I recently open a COL account for my self, I am just curious if its possible to change or upgrade investors primer iii investing in the philippines stock market to a joint account eventually?

Thanks and more power. According to a COL representative, it can be done. You just have to fill out a new application form with all the requirements and a letter of confirmation for the modification of the account. It can be changed into a JOINT OR account or an In Trust For Account. The existing holder will still be the primary holder and cannot be the secondary holder on meaning of earnest money in tender of modification.

Now since I live in the province may I just ask if is it possible for me to open up an account at COL financials without any billings? I only live with my relatives here in Pasig so I have no billings. For more details, you may check the FAQ section of the COL website. Just follow the instructions on the post above. Tapos, i-identify natin kung ano yung mga kulang mong requirements. Bank statement can replace billing statement. Mahalaga na meron kang bank account mas preferred na forex rate co uk charts gbp eur para yun ang magtrtransfer ng funds mo to COL.

It would be best kung may billing statement. Proof sya na meron kang fund global trade management system sap invest. Kung wala naman billing statement, COL accepts bank statement. As far as I know. Joint OR account has the same requirements of individual account you may refer to the above post. For Good money earning websites, you need to fill out an additional form.

You may refer to the COLFinancial website for details. Can you recommend some online websites or can you send me some tips on how to be be successful in stock market.

Your advice would really help. Thank you in advance. More power to you. To be honest, I am not an expert regarding stock market investing but you may try reading books such as The Intelligent Investor by Benjamin Graham and The Neatest Little Guide To Stock Stock trading ezine Investing by Jason Kelly.

These books are in US but some are also applicable in PH settings. For something local, you might want to check out the books and websites of Aya Laraya, Bo Sanchez, Marvin Germo to name a few. You may also try reading the price action binary options strategy residents section of this post.

Hi, Im a newbie in COL. Just recently funded my account via online banking. I want to know why my account still have zero actual balance even after receiving the confirmation receipt from COL? What would i do? You may inquire at helpdesk colfinancial. Be sure to send your email acknowledgement for them to match with their records.

Hi, im interested of investing in stock market but im only 17 yrsold and currently studying. My question is, there is a age required in applying the COL? If I invest in the stock market how much is the minimum payment to open an Account??

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Apparently, investing in the stock market requires investors to be of legal age which is Thank You Mr Elvin, but for my future question to my self, when is the best way to sell and buy shares. The best time to sell stocks is when it hit your investing objectives. In that sense, you should have a clear investing rules. Depende kasi yan sa investment strategy mo fundamental or technical. Same rules apply in buying shares.

Perfect post in this site. Wala bang branch ang COL Financial sa Cebu? How about if gusto ko mag-attend ng seminar to understand more about this? Pwede bang gamitin ang PNB account ko to do this? May charge ba kung PNB account ang gamitin?

About billing statement, since wala ako nun at bank statement ang nabanggit na pwede, from PNB ko ba kukunin yun?

San pala kukunin ang billing statement? Pasensya na sa tanong ko, first time ko kasi first job, first money, first savings. Thanks sa response po. As far as I know wala pang branch ang COL sa Cebu. As for the bank, currently BPI, BDO at Metrobank pa lang ang facility na makakapagtransfer ng funds free.

Ang treatment for PNB would be like remittance. I suggest to open an account sa BDO or BPI. Billing statements are from your utilities — kuryente, tubig, phone bills etc. In choosing EIP na Peso Cost Average, is it possible na after your initial deposit of 5k pwede bang gawin 3k or lower monthly? And if i decided to withdraw all the invested money makukuha ko ba ito ng buo?

May possibility ba na hindi kumita using Peso cost average. Naka insured din po ba ung pera na iinvest? Can i have your email add po for further question. To answer your first question, pwede naman siya ireduce. However, it does not warrant na makakabili ka ng shares which is dependent on board lots see my reply to Renald. For your next question, what do you mean by makukuha mo ito ng buo? Investing in the stock market is a risky investment. The price of stock can fluctuate every day.

Sir, tanong ko lang. Nagwithdraw po ako ng stocks na naibenta ko. Nagreflect na po sa outstanding balance ko yung pera pero di ko pa po mawithdraw sa banko. Tuesday, February 17 po nagreflect sa outstanding balance. Possible po bang makuha ko na yung pera todayholiday, february 19 February 20 dahil sabi ng COLfinancial within 3 days? May lumalagpas po ba ng 3 days lalo na at Landbank? Ang usual process ay three banking days. Good day sir tanong ko lang pano kaya ako makakakuha ng tinstudent palang ako,galing kasi ako sa BIR kahapon para kumuha ng tin ID sabi di daw sila nag i-issue ng tin para sa online transaction katulad ng Col financial dahil wala daw silang makukuhang tax.

You may ask COL directly if okay lang sa kanila na to follow ang TIN.

You may email them helpdesk colfinancial. We are third year college students and honestly speaking, we are not that familiar of investing in PSE. I just want to ask, if we choose to apply the minimum in COL Financial, do we need or is it mandatory to fund it every month? If it is, does it need to be and above?

Thanks for your reply. It is not mandatory to put 5, every month. It depends on you. Thank you so much sir for the immediate reply!!! Hi po, Ask ko lang po why po it takes to long for COL to response regarding po sa registration requirements ko po. Snend ko po last Sunday MArch 1, Until now po no response March 6, Any problem with COL Financial? IF they have something nman sana at least i have any confirmation nman po para I know if my problem with my application.

Sabi nman po dito one to two days?? I have a 7 day trial account po with them. You have a weird case. Usually, I got a response right away from COL. Nireply ko rin po yong message nila when they give me a free trial account… I dont really know po bakit po ang tagal.

I already asked her about your concern so that she can escalate it. You may email her directly at jacqueline. Sobrang Thank you po sa pagpost nito. Student palang po ako. Actually, nagiipon na po ako ng na pang initial amount. Tapos po yung TIN, nabasa ko po sa comments na pwedeng to follow na lang po yun. Tanong ko lang po?

Dun po ba sa makukuhang cash dividends, pwede po bang kunin yung part nun tapos I-invest po ulit?? If ever po na kukunin ko na po yung dividends, pano ko po makukuha? Tapos po kunh nalang po ibibigay every month after ng na initial, okay lang po ba yun? Pano po yung tax? Thank you very much for reading the comments section first before asking your questions.

You can withdraw them by filling up a COL withdrawal form. You can download this in the COL website. Investment of per month. It depends on the amount. Hindi mo na kailangan. COL na ang magproprocess ng requirements nila sa PSE for your account. COL is your broker. Sa kanila ka magsusubmit ng requirements. Tanong ko lang po sana kung kelangan ko na kaagad ibigay s Col Financial yung 5k ko upon submitting my requirements in opening an account? Once you submitted all the requirements, COL will email you to deposit your initial 5K, then saka mo makukuha yung account number mo.

Any idea on the withdrawal limit? Yung ID ng PhilHealth ay parang papel lang right? I am not sure kung tinatanggap nila. Hihingi naman sila ng other IDs pag di talaga pwede eh. Im planning po to open an account 5, Papaano po bumili ng stocks I have limited idea when it comes to investing stocks.

Thanks and more power! They have different style of investing in the stock market. Do I really need to get TIN number? Hi elvin i already submitted col forms and requirements as well as deposited 5k on my BPI account. Gusto ko po sana mag enroll ng account sa COL. Home based po kasi ako di pa ako nkka pagwork. Assuming that i already have an individual account in col financial and i died yesterday?

COL Accounts do not have a beneficiary like bank accounts. Trading accounts are considered assets much like real estate, and are subject to taxes and other legal requirements before ownership can be transferred. Surviving heirs will have to submit identification documents and proof of billing and accomplish account opening forms. Hello sir, pano po makakuha ng bank statement?

Magrerequest lang po ba sa bank ko? Can I do it online? It probably due to timing issue. The monthly account ledger is a snapshot of your portfolio month end. The data in your portfolio is in real-time.

Original Copy po ba ng TIN application form ang ipapadala ko sa COL Financial or photocopy lang? And Is a School ID ok to be a replacement for any Government valid IDs?

Hi Sir; Ofw po ako kaso wala po akong Philippines bank account,gusto ko po sanang magstart sa stock market sa peso cost averaging.

Iniisip ko po kasi hindi branch sa amin ang ibibigay dito pag nag open ako dito. To be honest, I am not sure. You may ask helpdesk colfinancial. In my opinion dapat pwede. Hi, medyo naguguluhan lang po ako dun sa pag withdraw ng profit sa COL. Tapos yung sa billing statement po. Nasa manila kasi ako pero yung billing address ng postpaid ko sa province namin. Ok lang po ba yun? For your other question about fund withdrawal, you can read my previous replies to LaiAntonio and Chela found on this post.

Paano po sir gsto q dn po maginvest tpos and2 po aq jeda ung s billing n requirements e wla p kmi s pinas kz nkikikabit lng po kami ng tubig at kryente and wla rn po aq bank account, ano p po b ang pde iplit s requiremnt n un?

I suggest asikasuhin mo muna yung pag-oopen ng bank account bago mag-invest. Yun din kasi ang gagamitin mo to fund your COL account eh. I filled up the Business Registration since its the easiest way to do…They required P for the fee but i did not pay for it.

The question is, okay lang po na gamitin ang TIN na narecieve ko from my email kahit hindi ako nakabayad ng fee? Diba dapat Government Purpose ang dapat na i-fill up ko? I am totally clueless regarding your concern but I suggest, fill up the correct form and use it as TIN for your COL account.

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Ask ko po sanam duon po ba sa COL account if may coorection sa account holders information like BIR TIN number, pwede ba i update through the online account? I would like to ask kasi I just recently opened an account with COL, funded my account yesterday, super bago talaga! But how come my actual balance and buying power is still 0. Should it reflect the minimum investment amount I deposited?

Will appreciate you quick response. BTW, your posts are really really helpful, thank you for sharing your expertise and knowledge with us. Baka hindi lang umabot sa cut-off nung Friday. Check mo ulit by Monday, around 10AM latest.

Kapag, wala pa din, itawag mo na sa COL. Ask ko lng ponag open ako ng account sa COL financial. You just need to sign on a signature letter for confirmation of signatures to use with COL. Hello Sir, alam ko paulit ulit nyo na tong sinasagot sa mga comments pero kailangan ko po talaga ng sagot sa tanong nato.

Please answer me po. OR kailangan ko pa itong iverify bago ko sya magamit? I am not familiar with the TIN ONLINE application.

Edit I asked someone working in BIR, kailangan daw syang i-verify. Hi i want to open an acount sa col but the only id i have is a postal id pwd kya un… And ung tin ko nakaaddress sa dati pa naming bahay… Ok lng kya?

Tnx and more power!!!! You can try submitting the requirements. As far as I know, postal ID is acceptable since it is a government-issued ID.

Tanong ko lang po, kaka ko lang po kasi and currently a student of Financial Management and gusto ko po matry maginvest, required po ba kumuha agad ng TIN? Dun po ba pwede gamitin yung school ID? Currently nirerequire na nila ang TIN, although some readers are sharing their experience na hindi naman agad hinahanap to follow daw.

As for the government issued IDs, dun pwede gamitin ang school ID. I just wanna ask, can I access all the features and and platform tools of Col even using a mobile smartphone when doing trading transaction?

You can access some basic features and platform of COL using a mobile phone, both for android and iOS. Just login to your account using any mobile browser browser, chrome, firefox, safari, etc. Or you can download COL app, by logging in to your account using your mobile phone then click Downloads, then follow the installation instructions. Can i open multiple accounts in COL Financial? I already opened an individual account last January and now I and my husband are planning to open a joint account with me as the principal I have complete docs to submit and he as the secondary.

In the future, we are planning to have an ITF for our child. Is it okay to have a lot of accounts with them? I hope you could help me go through the requirements. You really need to secure TIN first, it is a requirement from COL. You may try asking COL if they can process your account without TIN. You may reach them at helpdesk colfinancial. It would be best to create your own account. TIN is required but I think you can pass the application without it.

She was also 18 back then. Before investing I suggest that you read more about it first or better yet, attend seminars facilitated by COL. Para mas maintindihan mo kung ano ang pinapasok mo.

But to answer your question, walang kasiguraduhan ang movement ng stock market, pero generally, stock market is increasing. The price can go up or down depending on a lot of things. So, in that sense, you have to have one.

It depends on the stock price at that particular time. Kaso kung hindi mo sya ibebenta, hindi pa sya realized na profit. To illustrate, for example, bumili ka ng lupa worth P10M cash payment. After ilang years, nagappreciate ito to P15M.

Hindi ka kikita not until ibenta mo yung lupa mo. Ganoon din sa stocks. Tanong ko lang po iba po kasi yung account name ko sa col account and zero balance p dn ung account though i funded it. And when i tried to buy stocks it appeared that my account is not yet enrolled.

I am not sure if this is fix or not, but it would be best to raise your concern to COL directly. Please email your concern to helpdesk colfinancial. Ask ko lang po kung required po ba talaga yung TIN kahit student pa lang po. However, my niece applied for a COL account while she was still student, that was a couple years ago. That time, her application was granted. Naibigay nya yung TIN nung nakakuha na sya. You can submit your requirements and indicate that you are still a student.

My son is interested in opening an account to be able to trade stocks. He is 25 years old and is not working yet since he is a medical student. He does have a valid passport but does not have a TIN. Can he open an account? I am not sure how strict COLFinancial now but a couple years ago, my niece was able to apply for a COL account without a TIN. She was 18 back then. You may try opening an account for your son. Student with all requirements except tin was denied by bir due to I have no work also tried online.

Sir clarify ko lang po. Good afternoon sir Elvin! So to speak, is there still a chance for me to open an account? Thank you and God bless us all. Thank you very much for appreciating my post.

For your question, applicants for a COL Trading Account must be at least 18 years old upon application as required by local regulators. How It Saved My Life and How It Can Save Yours Too. Why and How Much You Need. Home About Quotes Resources Journey To Millions. Want to make more money, keep it, and make it work for you? Start your Journey To Millions today.

Welcome to Journey To Millions. You just need to do the following: Download and fill out application forms. You need the following forms: Specimen Signature Cards — you need two copies In filling up these application forms, make sure that you write legibly. Resident Foreign Citizen i.

Billing Statement — recent, no later than 3 months past c. Non-Resident Foreign Citizen i. Billing Statement — recent, no later than 3 months past d. In-Trust-For ITF Accounts i. Billing Statement — recent, no later than 3 months past 4. Submit forms and requirements to COL Financial. Fund your COL Financial account. After all these steps, you are now ready to buy your first few stocks! Share us your thoughts by writing them at the comment section below.

I want to learn more about stock market. Continue posting… God bless! Hi Janrey, Thank you for dropping by. Just like you, we learned investing through Bro. We owe it to him. Thanks for the advice sir! Yes I will set clearly defined goals before investing… Reply. Hi Mae, First of all, thank you for dropping by. Hi Lar, Thank you for dropping by. Hi Sir, Thank you for good advice, I have one question. Hi Lar, If you worry about not having billing address, you may use your current address to apply for a COL account.

I hope this answer your question. What you can withdraw right away are your actual balance not invested funds. As for the proceeds of a stock sale: I hope this answer your question Reply.

Can i use postal id as proof of my residency Reply. More power to you! Hi Ian, Yung 5k ay magiging initial fund mo sa iyong COL account. You can buy shares using that.

Hi sir, im planning on signing an account on COL financial. Hi Ciara, First of all thank you for appreciating Journey To Millions. Hi Mark, Hindi eh. Hi Mark, Ang mutual fund ay isa sa mga articles na isusulat pa lang namin. I hope nasagot ko ang mga tanong mo. Hi Loradel, First of all, thank you for dropping by in Journey To Millions. Hindi naman masususpend ang account mo.

Different benefits kasi ung 5k tsaka 25k in terms of price updates Reply. Hi Michael, Once your portfolio reaches 25k, it will be automatically upgraded. Hi Michael, I think it is not a toll free number but you can email them at helpdesk colfinancial. Hi Chris, Bank statement will do. Hi Renald, The minimum amount to deposit monthly really depends on you. Hi Elvin, Thank you for your prompt response.

Hi Renald, Board lot depends on the price nung particular company sa stock market. Hi Elvin, Thank much for the advise. Hi Elvin, I would like to ask again. Hi Renald, It is not required. Thank much Elvin for the advise.

Hi Lara, I sent you an email. I hope you got it. Hi Lalala, Kikita ka sa stock market kapag bumili ka ng stocks sa mababang presyo at kapag binenta mo ng mas mataas na presyo buy low — sell high. Tandaan, mag-aral muna bago mag-invest. TRC is a good start. Be sure to also know why and how they are recommending it.

Hi Lalala, As far as I know, the training they offered are free. Hi Michelle, I raised your concern to a COL representative. Hi Steve, ACR card is a requirement for resident foreign citizens. Hi Chris, Actually, the account number there is for COL to use. I really appreciate your help Elvin.

Thank you so muchhhh!!: Hi Chris, I think it would be best to wait for their reply first before funding your account. Thank you so much Elvin!! Hi Ms Marilou, I asked a COL representative about your case.

Hi Elvin, I would like to ask you again. Hi Ria, I raised your question sa COL representative. Hi Mark, Based on experience, student ID is acceptable.