For those who have accounts with Metrobank or Psbank there is no minimum requirement of funds when you open up an account from Firstmetrosec unlike other online stock brokers they require an initial amount of ₱5,000.
To open an account with FirstMetroSec click here and check for updated info or requirements needed.
You will be directed to their website with this page and simply click on "open account".
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Just an update on the new WEB UI of First Metro Sec
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It will guide you step by step with its procedures listed as shown and click continue to start.
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Make sure to have your printer ready as you will fill up the form with the necessary info or details required.
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Set your own username and password with security question for your online account and click continue.
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Continue to fill up the form with the required data being asked until you reach #4 Review and Print section.
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Once you are done with the forms and have them printed with some photocopies of your government ID's and other supporting documents, simply send your application to the address given via mail or through your courier like LBC near you.
Wait for notification from your email if approved and you may start accessing your online account with your log in details.
Same with other online brokers, start to familiarize with your online platform where to execute your buy and sell orders, where to access quotes, research provided by your broker and so on.
To start your investment or trading ventures simply transfer funds from your online banking using Metrobank, non Metrobank users may add funds via over the counter procedures.
Just an overview how your FirstMetroSec online platform features look like.
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If other online has their six pack quotes, FirstMetroSec has also its multiple bid quotes where you can also monitor your selected stocks.
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They also have the iceberg feature so your orders can be dissected into small lots which is advantage to those who have bigger account size.
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Learn how to set up your chart, understanding indicators/oscillators by reading here.
*Lately First Metro Sec broker has already started to include PSE transaction fee.
Happy investing and trading!
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