How To Open An Account with COLFinancial 2020

colfinancial-stock-market


With the rise of online trading, investing in the stock has never been easy. Before you proceed on account creation with COLFinancial, I suggest that you read my posts first on stock market introduction and things to consider in stock market investing.

You must have the right mindset. Your conviction should be strong enough before you engage on this opportunity. You might regret if you dive directly without testing the waters.



In this post I will show you how to get started in online stock trading thru the multi-awarded and most acclaimed stock market broker COLFinancial. 

I am not connected with COLFinancial nor an affiliate of this website. I am just recommending something that I personally use so that I can provide valuable information based on experience, not from anyone else.


Steps In Opening A COLFinancial Account

Here’s the step-by-step guide on opening your COLFinancial account.

1. Choose your account type

They have 3 options.
a. COL Starter - entry-level account. Minimum investment Php 1,000
b. COL Plus - for active traders. Minimum investment Php 25,000
c. COL Premium - for the premier investor. Minimum investment Php 1,000,000

Here's the comparison table of three accounts from COLFinancial's website.
colfinancial_account_types

2. Download and fill out the Application Forms

You must have an Adobe Reader installed on your computer to read the pdf files. Else, download the Adobe Reader.




3. Prepare the additional requirements

Here's the list of requirements posted on their website
colfinancial_requirements

4. Submit forms and requirements

You may personally submit or deliver to any of their 5 business centers in the country. Here are the addresses. If you prefer to have it delivered via courier, please use a white mailing envelope and not packaging boxes / manila envelopes. Packaging boxes might incur additional charges.


Luzon (Metro Manila)

COL Business Center
2403B East Tower, PSE Centre,
Exchange Road, Ortigas Center,
Pasig City 1605, Philippines
+632 8651 5888

COL Investor Center - Makati
Ground Floor, Citibank Tower,
Valero Corner, Villar Streets,
Makati City 1227, Philippines




North Luzon

COL Investor Center - Ilocos
Level 2, Unit 242 Robinsons Place
Ilocos Expansion Mall,
Brgy. 1, San Nicolas 2901, Ilocos Norte
+6377 677 3442
+6377 677 3443
+6377 677 3445


Visayas

COL Investor Center - Cebu
Unit B205 Axis Entertainment Ave.,
Vibo Place, N. Escario St.,
Cebu City 6000, Philippines
+6332 261 8601
+6332 261 8615
+6332 261 8624


Mindanao

COL Investor Center - Davao
2nd Floor Robinsons Cybergate,
J.P. Laurel Ave., Bajada,
Davao City 8000, Philippines
+6382 287 8192 to 94


5. Fund your account

You may choose the following options:

a. Online Bills Payment (click the link for instructions)
i. BPI
ii. BDO
iii. MetroBank
iv. Asia United Bank
v. China Bank
vi. Robinsons Bank
vii. UnionBank

b. Over the Counter (click the link for sample deposit slip)
i. BPI
ii. BDO
iii. MetroBank
iv. Asia United Bank
v. Robinsons Bank
vi. UnionBank



c. COL Business Center
2403B East Tower, PSE Centre,
Exchange Road, Ortigas Center,
Pasig City 1605, Philippines

d. Overseas Remittance (click the link for instructions)
i. BDO Kabayan Bills Bayad
ii. iRemit
iii. BDO Overseas Remittance

Once your account is funded, your COL username and password will be emailed to you in 24 hours! You can start investing in the stock market.

If you want to have a test drive first, you can register a 7-day DEMO accountIf in case you have any concerns, you can contact COLFinancial directly through the following:

Hotline: +632 8651 5888
Email: helpdesk@colfinancial.com


Conclusion

Years ago, stock market investing was only available to elite investors. Now, anyone could invest in the stock market. With proper mindset and drive to learning, anyone can achieve profitable returns.

Have you opened an account with COLFinancial already? Have you encountered any trouble during account registration?

5 comments:

  1. Hey! Anyone who has their COLFinancial account already? Share your thoughts here ^^

    ReplyDelete
  2. after mo mag invest nang 5k, magkano na monthly ihuhulog sa kanila?

    ReplyDelete
  3. Athena, it is not required to do it monthly but the minimum that you can deposit is Php 1,000. If you deposit below P1,000, a service charge applies.

    ReplyDelete
  4. meron po b rules if gusto mo n bawiin shares mo if di kumikita & pede mo ba encash earnings if ayaw mo ibili pa ng stock? tnk u

    ReplyDelete
    Replies
    1. No rules. You can buy or sell shares and you can withdraw your outstanding balance absolutely ANYTIME.

      But you can only withdraw your investment once you sell your shares.

      As an example, I sold my San Miguel (SMC) shares last time and withdrawn the money I earned from it :)

      Delete

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