March 07, 2013

How to Open an Account in BPI Trade

If there’s one thing that I wanted to try but was scared to take risk is investing in stocks. Simply because I have no idea how to start and where will I invest my money. I don’t know where I was when we studied stocks during my college years. All I know is how to compute the profit and loss. #boo.


I was thankful to my mommy friend in school who informed me about BPI Trade, she and her husband will apply in BPI Trade so she advised that I could try this if I want to invest in stocks. Honestly, I have no idea but I believe that in time I could learn the process so I visited www.bpitrade.com last January. I applied via online, it was not difficult and all you have to do is follow the instructions.

1. Click Apply Online

2. Then you will see the Disclaimer and Online Equities Trading Terms and Conditions page. Read and Click I agree.


3Choose the account you want to apply, Individual Account or Joint Account. In my case, I applied Individual account.

4. Fill-up the form. Then Click Submit. 

5. Verify that all data are correct and click submit again. Then you will see 2-3 pages form, all you have to do is print.

Since our reliable printer has no ink, I copy and paste all the information in Microsoft Word so I could print it somewhere. I also emailed BPI Trade if they could send me copy of my application but unfortunately, I haven’t received any copy until now. Imagine, if I did not save my application.

After your application, you will receive an email like this.


Application is subject to approval and if you’re approved, you will receive an email like this.


BPI Trade just updated their site so I’m not sure if the process is still the same.  

4 comments:

  1. Hi! I also wanted to open a BPI Trade Account but when I try to type in the Beneficiary Account Number it always asks me to input 12-20 digits, but from what I know BPI only has 10 digits right? Please help.. :)

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    Replies
    1. I did not encounter that problem 2 yrs ago. I just entered my 10 digit account number. Have you tried putting two zero before your account number if it needs 12 digits.

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    2. ma'am Michi will it be the same account if I add two zero before my account number?

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  2. Hi,

    Is it going to be the same account if you will put two zero in front?

    Ex: 001234567891 = 1234567891

    Thanks...

    ReplyDelete