June 8, 2015

When you decide to invest in the stock market, you will need someone to buy and sell stocks for you. That’s when stockbrokers come into play.

There are many stockbrokers which you can choose from but in this post, I decided to try COL Financial’s trial account. This broker is the one most Filipino investors prefer to use because of the unique services and reports it provides.

As a newbie, I wanted to know what it feels like to use their services so I immediately signed up for the trial account and explored the website.

Interestingly enough, I found very useful tips and information which at first I didn’t know how to interpret.

COL Financial 7-Day Trial Account

What I did is that I used the 7-day trial period to study all the terminologies mentioned in their website and in their investment and technical reports. It surprised me that after the 7-day period, my account hasn’t been deactivated and up to this writing, I can still log in it.

There are also charting services where you can see the Simple Moving Averages, Exponential Moving Averages, MACD Charts, Relative Strength Index, etc. I suggest browsing Investopedia.com to know more about the terminologies being mentioned here but for now, we’ll just leave it as is.

I applied for a COL Starter account last Saturday, June 6, through email. A COL Starter account requires investors a minimum of Php 5,000.00 initial deposit.

I filled up the forms, scanned it, then I sent my filled up forms to have it checked by their account representative. I downloaded the forms here. I’ve included a scanned a copy of one of my valid ID’s with a clear picture and signature plus one billing statement. I sent two valid ID’s just in case.

After I sent it, I just waited for their confirmation if there is anything else I need to send or clarify. If everything’s fine, they will require me to send the original documents to their office.

The account representative told me that my documents are good and they now require me to send it to them via courier. I’ll have it sent tomorrow and hopefully, my application can now be approved so that I can now start investing.

For those who want to inquire about their services, you can contact them at these numbers:

COL Financial Customer Service
(+632) 6 515 888

You can also go to their office at:

COL Financial Business Center
2403B East Tower, Philippine Stock Exchange Center, Exchange Rd. Ortigas Center, Pasig City 1605 Philippines

Happy investing!

__CONFIG_local_colors__{"colors":{"c88b6":"Icon","c6605":"Accent Color","f2512":"Button Hover","414a5":"Border"},"gradients":{}}__CONFIG_local_colors__

See all awesome STOCK REPORTS in PinoyInvestor!

Stock Rankings, Target Prices, Company Analysis, Technical Analysis from the Philippines' top stockbrokers!

You may also like...

Featured Post


All You Need To Know About Truly Rich Club (UPDATED 2020!)

Welcome to my Truly Rich Club review.There are many misconception that comes with this club. This is why I put up this review to explain how everything actually works inside.What is

More to read

About the author 

The Investing Engineer

Mark is an Engineer by profession, a serial entrepreneur, finance blogger, a stock market value investor and a long-time member of the Truly Rich Club. Through investing in the Philippine Stock Market, He was able to build wealth from the comfort of his own home with the goal of retiring young and rich.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
__CONFIG_local_colors__{"colors":{"c88b6":"Icon","c6605":"Accent Color","f2512":"Button Hover","414a5":"Border"},"gradients":{}}__CONFIG_local_colors__

Get FREE stock analysis, special reports and brokers' recommendations!

Stock Picks, Target Prices and Buy/Hold/Sell Recommendations!

Get this FREE e-book!

To learn how to invest in the Philippine Stock Market the Truly Rich Club Way, click the button below.