Best Mobile Stock Trading App in the Philippines (2024): Top Picks for Smart Investors

Investing in the stock market has become easier and more accessible than ever before, thanks to mobile trading apps. Whether you’re a beginner exploring the world of investing or a seasoned trader looking for advanced features, there’s a trading app tailored just for you. In this article, we’ll guide you through the best mobile stock trading apps in the Philippines, highlighting their key features, pros and cons, and tips for choosing the one that suits your needs. Let’s dive in and get your investment journey started!

What Makes a Mobile Stock Trading App the Best?

What makes a mobile stock trading app the best? When choosing a mobile stock trading app you need to consider what suits your investing style. Here are the key things to look for:

• Ease of Use: A simple interface is key especially for beginners who are new to the stock market.
• Real-Time Market Updates: Apps with live data feeds help you make informed decisions.
• Low Fees: High brokerage fees will eat into your profits so choose a cost effective app.
• Security: Make sure the app uses strong encryption and complies with regulations to protect your investments.
• Advanced Features: Experienced traders look for tools like technical analysis, charting options and customisable dashboards.

Top Mobile Stock Trading Apps in the Philippines (2024)

Here are the best apps available for Filipino investors, tailored for different needs and experience levels.

1. COL Financial

We cannot hide Col Financial, which is one of the most popular and trusted stock brokers in the Philippines.

I have one account in this brokerage and it offers a mobile trading app. The app is an extension of its web-based platform, allowing both new and experienced investors to trade on the go.

Here are some screenshots to show you the app interface.

You can see there are 4 categories (watchlist, quotes, trade, and indices) and 3 sub categories for each sections.

Key Features:

• Real-Time Market Data – Access live updates on stock prices and market performance, ensuring you stay informed before making trading decisions.
• Portfolio Management – View your portfolio’s performance, including individual stock gains/losses and overall profit/loss in real-time.
• Stock Research and Analytics – The app provides access to COL Financial’s stock reports, fundamental data, and technical analyses to help you make informed decisions.
• Order Placement – Users can place buy and sell orders, set stop-loss orders, and manage pending orders conveniently.
• User-Friendly Interface – The app is designed to be intuitive, even for first-time investors. It’s relatively easy to navigate between trading, portfolio monitoring, and stock research.
• Watchlists – Create and manage personalized watchlists to keep track of your preferred stocks.

Advantages:

• Convenience: Trade anywhere, anytime without the need for a computer.
• Integration with COL Financial: Syncs seamlessly with your web account, so all transactions and updates are consistent.
• Education Resources: Access COL Financial’s beginner-friendly tutorials and insights directly through the app.

Drawbacks to Consider:

1. Limited Advanced Features
   Compared to other international trading apps, COL’s mobile app may lack sophisticated charting tools and features.
2. Occasional Downtime
   During peak trading hours or market volatility, users sometimes experience app slowdowns.
3. No Mutual Funds Trading via Mobile
   While you can invest in mutual funds through COL Financial’s desktop platform, this feature isn’t available on the mobile app.

How to Download the App:

The COL Financial mobile trading app is available on both Google Play Store (Android) and Apple App Store (iOS). To use it, you must have an active COL Financial account. If you don’t have one yet, you’ll need to register via their website.

2. First Metro Securities (FirstMetroSec Go)

First Metro Securities’ mobile trading app, First Metro Sec GO, is a robust platform designed to provide seamless access to the Philippine Stock Exchange (PSE). As the brokerage arm of the Metrobank Group, First Metro Securities is well-regarded for its reliability, offering tools and resources for both beginner and advanced traders.

Key Features of First Metro Sec GO

1. Real-Time Market Data – Get real-time stock quotes, market indices, and ticker updates directly from the PSE.
2. Comprehensive Portfolio Management – View detailed reports of your portfolio, including stock holdings, profit/loss, and historical performance.
3. Advanced Charting Tools – Access customizable charts with technical indicators like moving averages, MACD, RSI, and more, making it easier for traders who rely on technical analysis.
4. Order Placement – The app supports different order types, such as day orders, good-till-cancelled (GTC), and conditional orders, providing flexibility in trade execution.
5. Research and Recommendations – Exclusive access to First Metro Securities’ market research, stock recommendations, and reports from their team of analysts.
6. Mutual Fund Investment – Unlike many competitors, the app allows you to invest in mutual funds via the Fundsmart platform, which includes a wide range of fund options from top providers in the Philippines.
7. Stock Screener – Use filters and parameters to identify stocks that match your trading strategies or investment goals.
8. Watchlists – Create multiple watchlists to monitor specific stocks and stay updated on their performance.

Advantages

• Integrated Ecosystem: Being part of the Metrobank Group means seamless banking integration for funding your account.
• Advanced Tools: The app’s charting and screening features cater to active traders and investors who use data-driven strategies.
• Educational Content: First Metro Sec GO offers webinars, tutorials, and other learning materials directly within the app, making it beginner-friendly.
• Fundsmart Access: The inclusion of mutual fund investments sets it apart from other local trading apps like COL Financial.
• Competitive Rates: Offers low brokerage fees, which is a big plus for frequent traders.

Drawbacks to Consider

1. Interface Can Be Overwhelming
   • While feature-rich, the app’s interface may feel cluttered or intimidating to beginners.
2. Performance Issues
   • Users sometimes report lags or glitches, especially during high trading volumes or market volatility.
3. No International Stocks
   • The app focuses solely on PSE-listed companies and Philippine mutual funds, limiting access for those who want to trade international markets.
4. Limited Customization
   • Some users feel the app lacks personalization options, such as custom layouts or saving preferred analysis settings.

How to Get Started with First Metro Sec GO

1. Download the App: It’s available on the Google Play Store and Apple App Store.
2. Open an Account: Sign up via the First Metro Securities website. You’ll need a Metrobank account for easier funding, but other options are available.
3. Fund Your Account: Transfer funds through Metrobank or other supported banks to start trading.

3. Philstocks Mobile

Philstocks Mobile is a trading app by Philstocks Financial, Inc., one of the leading online brokerage firms in the Philippines. The app offers a simple yet powerful platform for investors and traders to access the Philippine Stock Exchange (PSE). It’s designed to cater to both beginner and experienced investors, providing features for efficient trading and portfolio management.

Key Features of Philstocks Mobile

1. Real-Time Market Access
   • Get real-time stock quotes, PSE index updates, and live price movements, ensuring timely decision-making.
2. Easy Order Placement
   • Place buy and sell orders with ease, including day orders, good-till-cancelled (GTC) orders, and stop-limit orders.
3. Portfolio Management
   • Track your portfolio’s performance, including stock positions, gains/losses, and dividend records, all in one place.
4. Customizable Watchlist
   • Create and manage watchlists to monitor specific stocks you’re interested in.
5. Stock Analytics and Charts
   • Access basic stock charts and indicators to analyze market trends and company performance.
6. News and Market Insights
   • Stay updated with PSE market news and company disclosures directly within the app.
7. User-Friendly Interface
   • The app is straightforward and intuitive, making it accessible for both new and experienced traders.
8. Mutual Funds via Fundsmart
   • Similar to First Metro Sec, Philstocks also provides a platform for mutual fund investments, making it versatile for investors.

Advantages

1. Seamless Trading
   • Philstocks Mobile makes it easy to execute trades anywhere, ensuring you never miss a trading opportunity.
2. Integrated with Philstocks Desktop
   • Syncs with the desktop platform, so your transactions and account data are consistent across devices.
3. Affordable Fees
   • Competitive transaction fees compared to other Philippine brokers.
4. Educational Content
   • Offers webinars, tutorials, and articles to help beginners understand stock trading and market dynamics.
5. Dividend Tracking
   • One of the few apps to provide detailed tracking of dividend income, ideal for income-focused investors.

Drawbacks to Consider

1. Limited Advanced Features
   • The app lacks advanced tools like sophisticated technical charting, making it less ideal for traders who rely on heavy analytics.
2. Occasional Glitches
   • Users occasionally report app crashes or slow loading times during peak trading hours.
3. No International Stocks
   • Like most local trading apps, Philstocks Mobile only supports PSE-listed companies.
4. Learning Curve for New Users
   • While the interface is user-friendly, complete beginners might need additional time to fully understand the app’s functionalities.

How to Get Started with Philstocks Mobile

1. Download the App
   • Available on both the Google Play Store and Apple App Store.
2. Open an Account
   • Sign up via the Philstocks Financial website or directly through the app. You’ll need valid IDs and initial funding to activate your account.
3. Fund Your Account
   • Deposit funds via supported banks or online payment platforms.

4. UTrade by Unicapital

UTrade by Unicapital is a mobile trading app designed to provide Filipino investors with easy access to the Philippine Stock Exchange (PSE). Developed by Unicapital Securities, Inc., a trusted name in investment banking and stock brokerage, UTrade aims to simplify stock trading and portfolio management while offering research-driven insights.

Key Features of UTrade

1. Real-Time Stock Market Access
   • View live stock prices, market indices, and trade data from the PSE.
2. Easy Order Placement
   • The app supports buy and sell orders, including advanced options like limit and stop-loss orders for better risk management.
3. Portfolio Tracker
   • Monitor your portfolio’s performance, including stock positions, unrealized gains/losses, and transaction history.
4. Stock Research and Recommendations
   • Get access to in-depth research reports, stock recommendations, and market analysis from Unicapital’s team of experts.
5. News and Updates
   • Stay informed with the latest news, company disclosures, and market insights integrated within the app.
6. Watchlist Functionality
   • Create and manage personalized watchlists to monitor the performance of specific stocks.
7. Beginner-Friendly Features
   • UTrade offers user-friendly navigation, tutorials, and trading guides to help beginners get started.

Advantages

1. Research-Driven Approach
   • The app provides access to Unicapital’s proprietary stock research, which is a huge plus for investors seeking guidance.
2. Competitive Fees
   • UTrade offers affordable brokerage fees, making it attractive for cost-conscious traders.
3. User-Friendly Interface
   • Designed for ease of use, UTrade caters to both new and seasoned investors.
4. Educational Resources
   • Offers webinars, seminars, and learning materials to help users enhance their trading knowledge.
5. Integrated Ecosystem
   • Being part of Unicapital allows seamless access to its other financial services, such as investment banking and fixed-income securities.

Drawbacks to Consider

1. Limited Advanced Features
   • Compared to apps like First Metro Sec GO, UTrade may lack advanced technical charting tools for active traders.
2. No Mutual Funds
   • The app focuses solely on stock trading, with no options for mutual fund investments.
3. Performance Concerns
   • Some users report occasional app lags or slow performance during high trading activity.
4. No International Trading
   • Like most Philippine trading apps, UTrade only supports PSE-listed companies, limiting access for investors seeking global exposure.

How to Get Started with UTrade

1. Download the App
   • UTrade is available for download on both the Google Play Store and Apple App Store.
2. Open an Account
   • Visit the UTrade website or a Unicapital branch to open an account. You’ll need a valid ID, proof of address, and an initial deposit.
3. Fund Your Account
   • Deposit funds through supported banks or online payment channels to start trading.

5. BPI Trade

BPI Trade, the online trading platform of the Bank of the Philippine Islands (BPI), is a well-established tool for accessing the Philippine Stock Exchange (PSE). As part of a trusted banking institution, it offers convenience by seamlessly integrating stock trading with BPI’s banking services. While its mobile app is relatively basic compared to other trading apps, it’s ideal for investors who prefer simplicity and convenience.

Key Features of BPI Trade

1. Real-Time Stock Trading
   • Provides access to live stock prices and allows buy/sell orders directly on the PSE.
2. Portfolio Overview
   • View your portfolio’s current holdings, performance, and unrealized gains or losses.
3. Easy Funding and Withdrawal
   • Link directly to your BPI bank account for seamless fund transfers, making it convenient to top up or withdraw funds.
4. Company Disclosures and Updates
   • Access PSE market news, company disclosures, and basic stock research reports.
5. User-Friendly Interface
   • The app and desktop platform are designed with simplicity in mind, catering to investors who want a no-frills trading experience.
6. Integration with BPI Online Banking
   • Offers the convenience of managing your banking and stock trading in one ecosystem.

Advantages

1. Convenience for BPI Customers
   • The ability to link your BPI bank account for instant funding and withdrawals is a major advantage for existing BPI clients.
2. Trusted Brand
   • Being part of BPI, one of the largest banks in the Philippines, adds credibility and trust to the platform.
3. Beginner-Friendly
   • With its simple interface and straightforward features, BPI Trade is a great entry point for new investors.
4. No Additional Banking Fees
   • Fund transfers between your BPI Trade account and BPI bank account are typically free and instant.

Drawbacks to Consider

1. Limited Features
   • BPI Trade lacks advanced features like technical charting, stock screeners, and in-depth research tools, making it less appealing to active or advanced traders.
2. Outdated Interface
   • The platform (both mobile and desktop) has a basic and somewhat outdated design compared to more modern trading apps.
3. No Mutual Fund or Global Trading Options
   • BPI Trade focuses exclusively on PSE-listed stocks and doesn’t offer access to mutual funds or international markets.
4. No Standalone Mobile App
   • While accessible via mobile browsers or through the BPI app (for fund transfers), BPI Trade does not yet have a dedicated, feature-rich mobile trading app like other brokers.
5. Slow Execution During High Traffic
   • Some users report delays in trade execution, especially during peak trading hours or market volatility.

How to Get Started with BPI Trade

1. Open a BPI Trade Account
   • Visit the BPI Trade website or a BPI branch to open an account. You’ll need an active BPI bank account to link with BPI Trade.
2. Fund Your Account
   • Use your linked BPI bank account to transfer funds to your BPI Trade account.
3. Access the Platform
   • Log in via the BPI Trade website (or mobile browser) to start trading PSE-listed stocks.

Key Factors to Consider When Choosing Trading App

Not all trading apps are created equal, so it’s important to evaluate them based on your individual needs.

• Device Compatibility: Ensure the app works well on both iOS and Android.
• Minimum Investment Requirements: Check if the app aligns with your budget and financial goals.
• Regulation Compliance: Confirm that the app is accredited by the Philippine SEC to guarantee legitimacy.
• Educational Tools: Apps that offer tutorials and webinars are especially helpful for beginners.
• Support and Accessibility: Look for platforms with responsive customer support to resolve issues quickly.

Benefits of Using Mobile Apps for Stock Trading

Mobile stock trading apps have revolutionized the way people invest. Here are some of the major advantages:

• Convenience: Trade stocks anytime, anywhere with just your smartphone.
• Real-Time Notifications: Stay updated on market trends and stock prices.
• Accessibility: Lower barriers to entry make it easy for anyone to start investing.
• Cost-Effective: Many apps offer competitive fees and no hidden charges.

Frequently Asked Questions (FAQs)

Q1: What is the best app for beginners in the Philippines? Apps like BPI Trade and Philstocks are great for beginners due to their simplicity and ease of use.

Q2: Are mobile trading apps safe? Yes, provided they are regulated by the Philippine SEC and employ strong security measures like encryption.

Q3: How much do I need to start trading? Most apps have low minimum deposit requirements, such as PHP 1,000 to PHP 5,000.

Q4: Can I access international stocks through these apps? Most Philippine-based apps focus on local stocks, but some offer limited access to global markets.

Q5: Which app offers the lowest fees? Apps like UTrade and Philstocks are known for their competitive fees.

Conclusion

Choosing the best mobile trading app in the Philippines is a critical first step in your investment journey. Whether you’re a beginner looking for simplicity or an experienced trader seeking advanced tools, the options we’ve highlighted cater to a variety of needs and goals. From COL Financial’s user-friendly interface to First Metro Sec GO’s robust features and Philstocks’ dividend tracking, there’s a platform for every type of investor.

Remember, the best app isn’t necessarily the one with the flashiest features—it’s the one that aligns with your financial objectives, investing style, and level of expertise. So take your time, explore the apps, and find the one that feels right for you. After all, the stock market is a marathon, not a sprint. Equip yourself with the right tools, stay informed, and start building your path to financial growth—one trade at a time. Happy investing!