Investing and Online Trading to the Philippine Stock Market with BDO Nomura
It is very easy now to open your own stock trading account. If you really want to invest in stocks, you can now do so purely online without talking to a stock broker or sending fax of signed documents. Via BDO Nomura, you can start investing to the stock market.
Due to the young demographics of the Philippines (youth population), we can expect growth in the utilization of online platforms. This way, youth can start investing now and not later. That is actually the point of investing, when you start investing now, the more the gains. Also, youth tend to see their investment and be in control anytime anywhere. That is why BDO Nomura online stock trading can easily help any risk taker to invest to Stock Market.
According to their website, Online stock trading is the buying and/or selling of stocks through the internet, as oppose to the usual method of giving orders through telephone to a broker's trader in the trading floor. You can place orders using your laptop, desktop, mobile phone and tablet, anytime, anywhere without having to call your stockbroker. With online trading, you can have immediate access to updated market information, corporate news and insights, and technical/ fundamental outlook that will enable you to quickly take advantage of opportunities in the market.
BDO Nomura Securities, Inc. (Formerly: PCIB Securities, Inc.) is a joint venture between BDO Unibank, Inc. and Nomura Holdings of Japan with the purpose of providing online trading services to BDO's significant client base and branch network.
To open BDO Nomura account, you need to have BDO Bank account. This will be your settlement account to fund your BDO Nomura and the benificiary account from stock sale. Openning an account has no fees. Just visit
https://www.bdo.com.ph/bdonomura for more information. Fees associated with stock transaction are as follows:
For BUY transactions:
a. Securities Clearing Corporation of the Philippines (SCCP) fee – 0.010% of the gross amount
b. Broker's commission - 0.25% of the gross amount
c. Value Added Tax (VAT) – 12% of the broker's commission
For SELL transactions:
a. Securities Clearing Corporation of the Philippines (SCCP) fee – 0.010% of the gross amount
b. Broker's commission - 0.25% of the gross amount
c. Value Added Tax (VAT) – 12% of the broker's commission
d. Sales Tax - 0.50% of the gross selling amount
*Please note that we have a minimum charge of P20.00/transaction for the commission fee.
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