How To Open a First Metro Sec Online Stock Trading AccountApril 2, 2017
How I Found Out About First Metro Sec?
1. I was afraid.
2. I felt like my mutual fund investment is enough.
3. I got lazy completing the requirements and ultimate going to Philippine Stock Exchange Ortigas was surprisingly a hassle for me already.
Why I Chose First Metro Sec?
Requirements to Open a First Metro Sec Online Stock Trading Account
- Valid email address for your First Metro Sec account
- Duly Accomplished First Metro Sec Online Trading Account Application Form
- Photocopy of at least (2) valid IDs.
- Initial investment if you are not a Metrobank holder. Non-Metrobank holder will need 25,000pesos initial investment upon account opening.
Here’s the Steps to Open a First Metro Sec Online Stock Trading Account
Step 6. Lastly enclose you need to enclose the printed and signed documents with photocopy of at least two valid (IDs). Below is a print screen of what you need to prepare to open a First Metro Sec Online Stock Trading Account.
Here’s the photo of the documents I prepared during the First Metro Sec application. For Identification I used my NBI and Philhealth ID.
Step 7. Personally visit a First Metro Sec office near you to submit your application. This is a mandatory process apparently to check the completeness and correctness of the documents you are about to submit. Below are the offices:
First Metro Investors Center Makati
18/F PSBank Center
777 Paseo de Roxas cor. Sedeno St.,
First Metro Investors Center Binondo
G/F Wellington Bldg.
Plaza Lorenzo Ruiz,
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
What To Do After You Open A First Metro Sec Online Trading Account
Upon submitting all you requirements you need to wait 2-3 working days for First Metro Sec to process your application. You will receive an email with your login credentials to confirm that your account has been made successfully. After this you are ready to buy your first stocks and start trading.
For non-Metrobank holders who have submitted their initial investment your account will have the said amount already upon login.
Metrobank holders on the other hand has option to 1.) Connect their First Metro Sec account to their Metrobank account to automatically transfer funds for your investment. 2.) Do an over-the-counter deposit at the nearest Metrobank.
That’s it. You are now officially investing in stocks.
Final Notes from SavingsPinay
Investing in stocks in the Philippines is now easier and more possible than before. There are a ton of resources available online to know how to start stock investing. I do hope this post helped you on the step by step to open a First Metro Sec Online stock trading account. Again I have to emphasize just like any other investment vehicle first impressions I do I am not getting paid to write this post. I may not receive any commission or perks with this post but I’m glad to share my personal experience.
Do you have a First Metro Sec account?
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Izza of SavingsPinay helps Filipinos bridge the financial literacy gap one content at a time by providing insights and tips on budgeting, saving, investing, side hustle and growing your net worth. Aside from this blog she also writes at www.izzaglinofull.com, a beauty and lifestyle blog for frugal Pinays and manages, www.izzagevents.com, a wedding and event business since 2011. For inquiries, topic suggestions or future collaborations email her at firstname.lastname@example.org