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    Where to Invest Stocks? With Top 10 Best Stocks Broker Trading Platforms/ Apps in the Philippines

    0 Minutes
    Updated Oct 20, 2023 07:56

    "A good stock investment trading app determines 50% of success"


    Stock apps play a very important role in stock investing. You need to use apps to keep up to date with news, place trades, and increase your chances of success.


    There are many stock trading apps that support Filipino traders in addition to the common brokerage platforms in the Philippines, and you can easily deposit/withdraw money in the Philippines.


    Since the Covid-19 epidemic, "investment apps", "stock apps", have received more attention.


    If you are looking to trade stocks on your mobile phone, then following you will find a comprehensive guide that will help you get started. Whether you're looking for the best stock trading apps for Android, for iPhone, or us stock trading app, we've got it all covered.


    Where to Invest Stocks Philippines?


    Below is a list of the top 10 best stock brokers trading apps for both Android and iOS platforms.


    1. Mitrade - The Multi-Assets Online Investment App For Beginners

    2. Etoro - The Best Trading App For Copytraders

    3.  Xm -   Multi-Awarded Trading App With Excellent Research Content

    4. Icmarket - Global Online Trading Platform& App With Raw Spreads

    5. Olymp Trade - The International Trading Platform With Smooth Experience

    6.  Iq Option - A Trustworthy International Stocks Trading App

    7. Col Financial- Ideal Stock Platform For A Long-Term Plan

    8. Philstocks -  User-Friendly Stock Trading App For The Philippines Stocks

    9.  First Metro - Advanced Stock Trading Platforms In Philippine

    10. Investa - An Aspiring Rising Star For Beginner Traders


    Top 10 Stock Trading Platform Apps in the Philippines


    Here, you will find the best stock trading apps and platforms currently operating in the Philippines. So take your time to go through them, and make a well-informed decision. 



    1. MiTrade - The Multi-Assets Online Investment App for Beginners


    16577034448523


    Mitrade is an award-winning stock CFD trading app in the Philippines that was founded back in 2011 in Melbourne Australia, MiTrade is regulated by ASIC and CIMA. 


    MiTrade offers access to over 300 global financial instruments, including 300+ US shares, currency pairs, indices, crypto, and commodities.  Mitrade provides different tools for traders including Market Sentiment, Forecasts, Economic calendars, and much more. Plus, there is negative balance protection and stop-loss tools.


    The most important features are its lightweight and user-friendly interface and the fast process of account opening. You can easily open an account online in 10 minutes, and start trading with both the app and web platforms. Just click here to easily trade the US stocks and indices on the Mitrade platform today! 


    Assets: US Shares, Forex, Crypto,  Index, and Commodities CFD

    Minimum Deposit: $100

    Supported Platforms: Windows, Android, and iOS

    Commission: free

    Payment Method: Credit Card, Bank Transfer, E-Wallets including Skrill, Zalo, POLI 



    2. eToro - The Best Trading App for CopyTraders


    16577034945978 


    eToro is an excellent stock trading App for traders looking to crowdsource their investment idea via copy trading. On contrary, if you are an experienced trader with a successful portfolio, you can also share your ideas. 


    This platform enjoys over 13 million users around the world, and it’s licensed to hold client funds and offer brokerage services in several regions. 


    Assets: Stock, CFDs,  commodities, forex, ETFs

    Minimum Deposit: $200

    Supported Platforms: Windows, Android, and iOS

    Commission: Free

    Payment Method: Credit and Debit Card, Bank Transfer



    3.  XM - multi-awarded trading app with excellent research content


    16577035281268


    Founded in 2009, XM has been servicing global financial markets with over 3.5 million traders from 196 countries including the Philippines. It is regulated by FCA, ASIC, CySEC, and ESMA, this MetaTrader supports both MT4 and MT5 platforms.  


    One of the features of the platform is the variety of accounts available for users with different needs, such as micro accounts for small funds, and accounts for large funds. 


    The platform provides customers with more than 1,000 products, stock trading covers US stocks, British stocks, and German stocks.


    Assets: CFDs, Forex, Commodities, Metals, Stocks

    Minimum Deposit: $5

    Supported Platforms: Windows, Android, and iOS

    Commission: Yes, 0.04%

    Payment Method: Debit and Credit Card, Bank Transfer, E-Wallets including Skrill, Western Union, and Neteller 



    4.  IC Markets - global online trading platform& app with Raw Spreads


    16577035529189


    IC Markets was founded in Sydney, in 2007 by a team of financial professionals. IC Markets become a top online trading platform, enjoying some of the most competitive commissions and spreads among active traders. It supports MT4, MT5, and cTrader, and gives 24/7 support to its customers. There are over 1780 tradable instruments across its platform.


    Assets:  Forex, Commodities, Indices, Bonds, Stocks

    Minimum Deposit: $200

    Supported Platforms: Windows, Android, and iOS

    Commission: free

    Payment Method: Credit and Debit Card, Bank Transfer, PayPal, Neteller, Skrill, and WebMoney



    5. Olymp Trade - The international Trading Platform with smooth experience


     16577047201955


    Olymp Trade has been in the market since 2014, providing more than 100 global markets, such as stocks, indices, metals, commodities, and ETFs.  This is one of the most popular online broker platforms in Philippines and boasts a unique yet intuitive design where you can easily find and use indicators and analytical tools to trade profitably.


    Assets: Stocks, Commodities, Cryptocurrency, and ETFs 

    Minimum Deposit: $10

    Supported Platforms: Windows, Android, and iOS

    Commission: Yes, 0.8%

    Payment Method: Credit and Debit Card, Bank Transfer, E-wallets including Skrill and Neteller



    6. IQ Option - A Trustworthy International Stocks trading app


    16577047496671


    IQ Option provides financial services for trading binary options, stocks, currencies, and ETFs.  This platform was founded back in 2013, by IQ Option LTD and today it enjoys over 48,000,000 users. It operates in over 213 countries. IQ Option has over 170 stocks to trade, with a minimum deposit is $10 and the spreads are extremely tight.


    Assets: CFDs, Binary option, stocks, forex, ETFs

    Minimum Deposit: $10

    Supported Platforms: Windows, Android, and iOS

    Commission: Yes

    Payment Method: Credit Card, Bank Transfer, Skrill, WebMoney, Neteller, and others



    7. COL Financial - Ideal for Investors with a Long Term Plan


    16577047682319


    A leading stock app from COL Financial Group Inc. this broker was previously known as CitisecOnline and operating for the past 20 years, COL Financial is one of the most popular stock trading platforms in the local marketplace. Trading participant of Philippine Stock Exchange, it is licensed from SIPF and SCCP.  


    The trading page of COL Financial is user-friendly compared with other Philippines stock investing platforms. Plus, the COL Starter account allows you to trade from Php 1,000 this is suitable for everyone and long-term investments.


    Assets: Stocks, Securities, and mutual funds

    Minimum Deposit: Php 1,000

    Supported Platforms: Windows

    Commission: Yes, 0.25%

    Payment Method: Credit and Debit Card, Bank Transfer, GCash



    8. Philstocks - User-friendly online stock trading app for the Philippines Stocks


    16577047899485


    Philstocks is another user-friendly online trading and investing stock app that is loved by beginners. Philstocks started providing online stock brokerage services to Filipinos in 2001. There are mobile trading apps for iOS and Android, licensed and reviewed by securities regulators. 


    Philstocks also offer free seminars and market reports, which proves a great resources for general trading stock traders. A Starter account of Philstocks allows you to trade from Php 5,000. 


    Assets: Stocks, Securities, mutual funds

    Minimum Deposit: Php 5,000. 

    Supported Platforms: Windows, Android, and iOS

    Commission: Yes, 0.25%

    Payment Method:  Bank Transfer, POS Terminal, Bancnet, Coins.ph



    9. First Metro Securities - A feature-rich Trading Platform in Philippine


    16577048128666


    First Metro Securities Brokerage is a leading stock brokerage licensed to trade in the Philippine Stock Exchange (PSE). First Metro is one of the best stock trading platform in Philippines. it's most feature is the advanced trading tools, you can view live feeds of different stocks and portfolios, you can also customize the dashboard. Every feature is easy to navigate.


    Assets: Shares, mutual funds, bonds

    Minimum Deposit: Php 5,000

    Supported Platforms: Windows, Android, and iOS

    Commission: Yes,  0.25%

    Payment Method: Credit and Debit Card, Bank Transfer, PayPal, and E-Wallets



    10. Investa - An Aspiring Rising Star for beginner Traders


    1657704840193


    Previously known as Investagrams, Investa.Ph is backed up by InvestaFinancial Inc. The parent company itself is a licensed mutual fund distribution company. Investa.ph is a fully-equipped trading platform and still emphasizes education on trading and stocks. 


    The extension education material is geared towards amateur traders and beginners. It comes with a built-in Scanner, and News Fed, which offers handy guidance. What makes this stock market app unique is gives access to charts, screening, instant analysis, calculators, and much more. 


    Assets: Stocks

    Minimum Deposit: P100

    Supported Platforms: Android, and iOS

    Commission: Yes (Rate Varies)

    Payment Method: Credit and Debit Card, Bank Transfer, E-wallets including Neteller, and Skrill


    Best Stock Trading Apps Comparison


    Apps

    Mitrade


    eToro


    XM


    ICMarkets


    OlympTrade

     

    IQ Option


    COL


    Philstocks

      

    FirstMetro

     

    Investa


    Rate                

    4.6

    4.4    

    4.5

    4.5

    4.3

    4.4 

    NA 

    4.3

    3.8 

    3.9

    Assets


             

    US Shares, Forex, Crypto, Index and Commodities CFD

    Stock, CFDs, commodities, forex, ETF 

    CFDs, Forex, Commodities, Metals, Stocks    

    Forex, Commodities, Indices, Bonds, Stocks

    Stocks, Commodities, Cryptocurrency, and ETF  

    CFDs, Binary option, stocks, forex,ETF 

    Stocks, Securities, and mutual funds       

    Stocks, Securities, mutual funds        

    Shares, mutual funds, bonds      

    Stocks 

    Philippine Stocks                

    No

    NO

    NO 

    NO 

    NO

    NO

    Yes

    Yes

    Yes   

    Yes

    US stocks                

    Yes

    Yes     

    Yes

    Yes 

    Yes 

    Yes

    NO

    Yes

    NO       

    NO

    Mini-Ddeposit                

    $100

    $200   

    $5

    $200  

    $10

    $15

    Php 1,000 

    Php 5,000

    Php 5,000

    P100

    Margin &Leverage                

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    NO  

    Supported                

    Web, App 

    Web, App

    Web, App

    Web, App

    Web, App

    Web, App 

    Web-only

    Web, App

    Web, App

    Web, App

    Commission                

    Free

    Free

    Yes, 0.04%

    Free

    Yes, 0.8%

    Yes

    Yes, 0.25%  

    Yes, 0.25% 

    Yes, 0.25%

    Yes

    Open account


    Visit Now

    Visit Now

    Visit No 

    Visit Now

    Visit Now

    Visit Now

    Visit Now

    Visit Now

    Visit Now  

    Visit Now



    How to Pick the Best Stock Trading Broker Platform Philippines?


    The following are a few things to look for when finding a stock app:


    • Confirm the types of stocks that can be placed


    The types of stocks that each app provides are different, and the services provided by some brokers may not be fully ported to the mobile app.


    Stocks investment is not only "Philippine stocks", but also "US stocks"


    In a stock app, there are Philippine stocks, US stocks, funds, futures, CFD, etc., but the products corresponding to each App are different. If you have selected the type of investment, don’t forget to confirm whether the platform or app provides relevant services.


    • Check Commissions

    Investing is not only about potential profit, it also covers cutting costs, meaning the more you save, the more successful you get. Trading apps charge a certain commission for their services. So when searching for trading apps, check the commission ratio, and see whether it’s high or reasonable.


    Several apps charge low to almost no commission at all. But be careful, their services and security will be on par with their commission, something you should keep in mind.


    • Looking for trader's tools


    Another key feature you should look for is trader’s tools including trading calculators, watch lists, copy trading, market orders, and leverage. If an app is feature-rich in these tools, then it’s made for proper trading, it’s not just a gimmick for mobile users. 


    • Chart analysis function is also very important


    In order to make profits when investing in stocks, chart analysis can be said to be an indispensable function, and analysis functions such as "technical indicators" and "trend charts" If there are more corresponding technical indicators in the stock app, the analysis items that can be carried out are also richer. For those who attach importance to analysis, it is recommended to choose an application with multiple indicators as much as possible.


    • Choose those who can easily gather stock market news


    Stock apps are not only for trading stocks but also for obtaining market information so that you can read various information and decide which company's stock you want to buy.


    Conclusion


    In the end, choosing the best stock trading app for beginners is all about what kind of trades you want to carry out, and where do you see yourself in the future. When you first start trading, leave your emotions outside the door, and never engage in trade over-activity. Instead, focus on building up your position gradually, and plan ahead for tough situations.


    The Phillippine Financial Marketplace allows you to trade in several assets including Stocks (Foreign Stocks as well), Bonds, Shares, EFTs, Crypto, Forex, Index, Commodities, Cryptocurrencies; the list goes on!


    If you want to trade Foreign Stocks, especially US stocks, then you better choose MiTrade.


    MiTrade offers excellent security for your funds as it holds them in segregated accounts, separate from company funds with a negative balance protection policy. This means MiTrade will never use your money for hedging or etc. MiTrade never conducts speculations in the market and is regularly audited by authoritative firms.




    Wanna Learn More? go to the US share market with Mitrade.com>>


    Risk-Free Demo Account

    Direct market access | Deal on rising and falling market | 24-hour trading | Limit and stop-loss for every trade


    * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

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