Want to learn how to invest in the Philippine stock market? Did you know that the Philippine stock market has grown significantly in recent years and continues to grow? Making investments in the stock market can benefit you, but only if you do it right.
Even if you live outside the Philippines, it is simple for you, OFWs, to invest in the Philippine stock market. You don’t have to wait until you return home; you may begin right now. Isn’t it amazing?
Capati (2019) mentioned that stocks are ownership shares in a corporation. Stocks have the most growth potential compared to short-term bonds or other assets. Worth mentioning, according to Adrian (2021), only 1% of Filipinos participate in the stock market, mostly because it has been inaccessible to the general public.
In the market, two of the leading and fastest-growing online stock brokerages in the Philippines are COL Financial and BDO Nomura. To begin with, COL Financial is a legitimate online stockbroker. Through its online trading platform, the company has provided an easy and affordable option for Filipinos to invest in the stock market for around 20 years (Zoleta, 2022).
While formerly known as BDO Nomura, BDO Securities is essentially the brokerage arm of BDO, where you may begin buying and selling stocks with the benefit of opening an account, funding your account, and trading entirely online (imoney, 2021). Compared to COL Financial, it is easier to set up and fund your account in BDO Nomura.
Are you excited to invest your hard-earned money now? Well, let us learn how to invest in the stock market in the Philippines. Get started today with a little knowledge and some hard work.
How to create an account in BDO Nomura?
BDO Securities is an online platform that enables small retail investors to open a Philippine stock market trading account. Below is a step-by-step guide that will show you how to invest in BDO Nomura/Securities.
- Account Opening – Go to www.bdo.com.ph/securities, click the “Create an Account” button, and sign up. After that, log in using your BDO Online Banking username and password. Next up, input and submit the OTP.
- Funding and Withdrawal – You can log into BDO Securities and deposit funds into your account in less than a minute. The same is true for money withdrawals — you can transfer funds from your BDO Securities account to your BDO bank account in less than a minute.
- Trading – You can either execute a BUY order or a SELL order.
- Platform Navigation – The platform has many areas to study, from transactions to funding. You can always navigate the platform for you to be familiar with.
In brief, for new and inexperienced investors, investing in the stock market might be overwhelming. Nonetheless, whether you want to buy your first stock or expand your portfolio, there are resources accessible to guide you. What exactly are you waiting for? When is the greatest moment to invest? It is today.
