Do you fancy investing in the Philippine Stock Market? Have you been looking for an online broker, you may want to check out First Metro Securities.
First Metro Securities Brokerage Corporation or FirstMetroSec, is a licensed Trading Participant of the Philippine Stock Exchange (PSE). It is a company wholly-owned by First Metro Investment Corporation (FMIC), the investment banking arm of the Metropolitan Bank and Trust Company (Metrobank).
They provide clients with easy and convenient access to the listed securities in the PSE, coupled with timely and accurate market research, as well as investor education programs. Providing an equal investment opportunities for all Filipinos.
Products and Services
Online Trading – To adapt to the fast changing environment of securities trading in the country, FirstMetroSec developed and introduced its online trading platform in 2010. The system provides real-time market data and access to trade securities of the Philippine Stock Exchange through the website, www.firstmetrosec.com.ph, and the company’s alternate site, www.firstmetrosec.ph.
In 2012, FirstMetroSec revolutionized online trading with the launch of FirstMetroSec version 2.0, which featured a redesigned, more intuitive online trading platform, and powerful tools to address the needs of the growing number of online users.
Mobile Apps – To give investors access to the PSE even while on-the-go, FirstMetroSec has introduced mobile phone and tablet applications for the two (2) most popular operating systems in mobile devices today: The FirstMetroSec iPad and iPhone Apps on IOS, which are downloadable free on the App Store; and the FirstMetroSec Mobile and Tablet Apps on Android, which are available for free on Google Play.
Equity Research – To provide clients with actionable investment ideas and up-to-date market news, FirstMetroSec has made available Equity Research reports on its website which are published daily, weekly and monthly. The company has also entered into a research collaboration with DBS Vickers Singapore, aiming to offer best-in-class equity research to local and foreign investors.
Market Education – To support the goal of its parent firm, First Metro Investment to encourage more Filipinos to participate in the capital markets, FirstMetroSec is continuously conducting Stock Market tutorials in all of the First Metro Investors Centers.
How do I open a FirstMetroSec Online Trading Account?
1. Visit www.firstmetrosec.com.ph, and click on OPEN ACCOUNT. This will take you through a
step-by-step process for your account opening.
2. Fill out all required information in the Customer Account Information Form.
3. Print out the three forms – Customer Account Information Form, Trading Agreement, Signature Cards;
and sign on the necessary spaces provided.
4. Attach clear photocopies of 2 valid /government-issued IDs.
5. Attach a Billing Statement within the last 3 months.
6. Submit the completed forms and required documents:
For Metrobank Account holders: submit documents thru the FirstMetroSec pouch (Pouch Code:90033) at your
Metrobank branch of account OR submit personally to the head office or any of the First Metro Investor Centers.
For Non-Metrobank Account holders: submit personally to the head office or any of the First Metro Investor
Centers. You must also submit a photocopy of your passbook’s cover page or a machine-validated deposit slip of the
Non-Metrobank Account you indicated as your settlement bank account.
Note: The transit time of transfer from the Metrobank branch to the First Metro Securities head office may
take up to seven (7) banking days
7.First Metro Securities will send an email notification of the account activation within two days after receipt of complete documents.
FirstMetroSec can be reached at email@example.com, and have offices in Makati, Binondo, Cebu, and Davao.
More information on the requirement can be found here.