Who Can Open An Account with COL Financial?

Any person of legal age may open an online Stock Investment account with COL Financial, Inc.  This person may be a Filipino or foreigner, located here in the country or abroad.  Note, however, that the stocks available are only those officially trading in the Philippine Stock Exchange.  Also, there are certain stocks that foreigners wouldn't be able to purchase.

COL Financial's 3 Types of Account

Below are the different types of Online Trading Platform offered by COL Financial Group.  Choose which one best suits your needs.  (This info's courtesy of my Account Manager in COL.)

COL Starter 

This is an entry-level account suitable for long term investing.  It provides access to basic research reports, standard market information, and end-of-day charting data. The minimum investment under this type is Php5,000.

How to Cancel an Order

Yesterday, I showed you how to buy stocks.  And if you remember, our ALI (Ayala Land, Inc.) order was not executed because all the shares that were selling at the lowest ASK price of 26.30 were bought (1st come, 1st served basis).  

Bear in mind that COL prices updates every 15 seconds so if you're buying, you gotta do it fast.  That is, if you want immediate execution of your order. Because there's also what you call a Day Order where you're not that in a hurry to purchase your stocks.  (I'll discuss the different kinds of Order in a separate post).

How to Buy Stocks

Ok, so this is what most of you are waiting for.   You’re in luck coz this is probably the clearest and the most detailed procedure you’d ever find on the mighty net on how to buy stocks from COL.

The way to do this is to look at the image first and read the description that follows.

Let's start.