5 Best Online Investment Apps In The Philippines To Help You Grow Your Money
Because investing can be difficult at times, there are now numerous apps and platforms available to assist you. Investing has been made easy and more convenient with just a few clicks. Using apps and other digital platforms, you could trade stocks, buy bonds, and even track your investment performance all from the convenience of your phone.
We looked at some of the best investment apps and platforms based on ease of use, stability, experience, and security. Here are some of them:
1. First Metro Securities
Category: Stocks, Mutual Funds, Exchange-Traded Fund
First Metro Securities Brokerage Corporation is owned and managed by the Metrobank Group. Through its online trading platform, you can invest in stocks, mutual funds, bonds, and more, for a minimum investment of P2,500. It’s licensed to trade on the Philippine Stock Exchange (PSE). It’s registered with the Securities and Exchange Commission (SEC) and is the first-ever exchange-traded fund in the Philippines. It has also been named the Best Securities House in the Philippines for 2022 by the leading global financial publication, Asiamoney.
Category: Retail treasury bonds
Bonds.Ph has made investing in government treasury bonds, or T-bonds, easier and hassle-free. It’s a mobile app launched by the Bureau of the Treasury in 2020 and managed by UnionBank in partnership with PDAX. It allows you to invest in Philippine retail treasury bonds (RTBs) anytime and anywhere. You can invest a minimum amount of P5,000 and earn interest at a higher rate than a regular time deposit.
3. Seedbox PH
Category: Mutual Funds
Seedbox is a mobile app that allows you to invest in mutual funds and Unit Investment Trust Funds (UITFs). You can be assured of your funds’ safety because Seedbox is regulated by the SEC and Bangko Sentral ng Pilipinas (BSP). It’s among the best investment options for a minimum of P1,000.
Category: Investment Fund Market
GInvest is another option because it’s convenient to use, safe, and offers a range of investment options. You can choose from up to 5 investment funds, such as the Global Consumer Trends Fund, MMF, Philippine Smart Equity Index Fund, Philippine Total Return Bond Fund, and Global Technology Feeder Fund. It’s a great investment option for beginners.
Coins.ph is regulated by the BSP and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank. It’s basically a digital wallet where you can make payments, remit money, etc., but it can also help you earn money through Bitcoin, a digital currency.
These are just a few of the investment apps and platforms available, and there are many more. Take the time to research and read reviews to determine which ones are suitable for your financial goals and lifestyle. Good luck!