Investing is fun and exciting but dangerous if you don't do any work.
Time is gold, don't waste it. Don't take it for granted always make the best of it, because you never know when you might run out of it. Grant Cardone said that, "save to invest, don't save to save. The only reason to save money is to invest it." Saving money in the bank is good for emergency or travel funds. But if you want to make your money grow then learn to invest or start a business.
Stock Investing is one of the best financial instrument that will help you to reach your financial goal. The question is, how can I start investing in Philippine Stock Market? Investing in Philippine Stock Market is much easier now! With the help of an accredited online trading broker you can start participate in Philippine Stock Market. If you are looking for a stock trading broker, you may consider FirstMetroSec.
First Metro Securities Brokerage Corporation is a stock brokerage house licensed to trade in the Philippine Stock Exchange. They are the market maker and one of the authorized participants of the country’s first and only Exchange-Traded Fund (ETF), the First Metro Philippine Equity Exchange Traded Fund (FMETF), which tracks the performance of the PSE Index. First Metro Investment Corporation is the investment banking arm of the Metrobank Group.
How Do I Open A FirstMetroSec Online Trading Account
1. Visit their website www.firstmetrosec.com.ph, and click on OPEN ACCOUNT. This will take you through a step-by-step process for your account opening. Read the procedures then click on CONTINUE.
2. Fill out all required information in the Customer Account Information Form.
3. Print out the three forms - Customer Account Information Form, Trading Agreement, Signature Cards; and sign on the necessary spaces provided.
(check this link to download forms.)
4. Attach clear photocopies of 2 valid government-issued IDs.
5. Submit the completed forms and required documents:
a. Through mail or submit personally to the head office or any of the First Metro Investors Centers
b. Through the FirstMetroSec pouch (Pouch Code: 90033) at your Metrobank branch of account
First Metro Securities Brokerage Corporation
First Metro Investors Center Makati
18/F PSBank Center
777 Paseo de Roxas cor. Sedeno St.,
First Metro Investors Center Cebu
Metrobank (Cebu) Plaza,
Osmena Blvd., Near Rotondo
Cebu City, Cebu
First Metro Investors Center Davao
Ground Floor, Hotel Uno Bldg,
CM Recto Street
Davao City, Davao del Sur
Metrobank Branch of Account
Note: The transit time of transfer from the Metrobank branch to the First Metro Securities head office may take seven (7) banking days.
Before sending the forms, kindly make sure that the client has affixed his/her signature on all the required forms.
The requirements needed are as follows:
Please note that the TIN and SSS or GSIS number are required data for Employed clients. Students and Self-Employed clients only need TIN.
Other Requirement as needed:
6. First Metro Securities will send an email notification for account activation within two days after receipt of complete documents.
What Are The Additional Requirements For Foreign Clients?
Below is the list of requirements for foreign accounts:
FirstMetroSec is a Foreign Account Tax Compliance Act (FATCA)-Compliant Institution. For clients whose (1) birthplace, (2) home / office address, or (3) nationality is in the United States, they must fill out the FATCA Certification Form. Please firstname.lastname@example.org to obtain these forms.
What Is The Minimum Amount Required To Open An Account?
For clients with a MetrobankDirect account, opening an online trading account is FREE. For clients with no Metrobank Account, initial investment of at least Php 2,500.00 is required.
ABOUT THE BLOGGER
Ralph "Rap" was born and raised in the Philippines. A Financial Literacy Advocate. An I.T. by Profession. An Investor. A Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). A Traveler. An Adventurous. A Mountain Hiker. A Dreamer.
Currently works his way towards time and financial freedom.
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