How to Open a First Metro Securities Account

How to Open a First Metro Securities Account (Beginner’s Guide)

TABLE OF CONTENTS

First Metro Securities is a stockbroker commonly chosen by investors who want a closer connection between their brokerage account and their bank. Unlike purely online brokers, First Metro Securities operates as part of the Metrobank Group, which shapes how accounts are opened, funded, and maintained.

This guide explains how the process works and what first-time investors should expect.

Why Investors Choose First Metro Securities

First Metro Securities appeals to investors who prefer a bank-integrated setup rather than a standalone trading account.

With First Metro Securities, you get:

  • Access to the Philippine Stock Exchange
  • A brokerage account linked to Metrobank systems
  • Straightforward funding and withdrawals through a major bank
  • A platform designed for investors who trade less frequently and plan longer

This setup works well for investors who value stability, process, and bank-level controls.

Things to Know Before You Apply

Before starting, it helps to understand how First Metro Securities differs from other brokers.

  • A Metrobank account is not always mandatory, but having one makes funding and withdrawals easier
  • The process still happens online, but approval follows bank-style verification
  • Documentation accuracy matters more than speed

Prepare the following before you begin.

Basic Requirements

  • One valid government-issued ID
  • Tax Identification Number
  • A clear image of your signature
  • An email address and mobile number

Step 1: Start the Online Account Application

Go to the First Metro Securities website at www.firstmetrosec.com.ph and select the option to open an online trading account.

You will create a basic online profile that allows you to:

  • Track your application status
  • Receive approval updates
  • Access the trading platform once activated

This profile is separate from the trading account itself.

Step 2: Provide Personal and Financial Details

The application form asks for more than just contact information. You will also disclose:

  • Employment or business details
  • Source of funds
  • Basic financial background

This information helps the broker determine account suitability and comply with regulations.

Take your time here. Rushed or inconsistent entries often cause delays.

Step 3: Submit Identity Verification Requirements

Instead of live video steps, First Metro Securities focuses on document-based verification.

You will upload:

  • A clear photo of your valid ID
  • A copy or image of your signature

Make sure all files are readable, well-lit, and consistent with each other.

Step 4: Application Review and Approval

Once submitted, your application enters a review stage.

During this period:

  • The broker validates your documents
  • Your details are checked against regulatory requirements
  • You may receive follow-up questions if clarification is needed

After approval, you will receive your trading account details by email.

Step 5: Fund Your Trading Account

Your account becomes usable only after funding.

Initial Funding

  • The usual starting amount is ₱5,000, which makes this broker accessible to new investors

Funding Method

  • Deposits are typically made through Metrobank
  • Using a Metrobank account speeds up posting and reconciliation

This bank-linked funding process is one of the defining features of First Metro Securities.

Step 6: Access the Trading Platform

Once funds are credited, you can log in to the trading platform.

Inside the platform, you can:

  • Check available cash
  • Review listed Philippine stocks
  • Enter buy or sell orders
  • Monitor positions and transactions

The platform prioritizes function and reliability over advanced trading tools.

Step 7: Execute Your First Trade

Placing a trade follows a straightforward order process:

  • Choose a stock
  • Enter price and quantity
  • Review the order
  • Submit for execution

Orders execute only when matched in the market.

Common Mistakes New Investors Make

  • Treating a bank-linked broker as a savings account
  • Trading without a clear plan
  • Overreacting to market news
  • Assuming ease of funding equals low risk

A brokerage account provides access, not protection.

Opening the Account Is Only the Setup Phase

Opening an account with First Metro Securities gives you infrastructure. What you do with that infrastructure determines your results.

Without a defined process, most investors rely on emotion, headlines, or tips. That usually ends poorly.

Need Help Getting Started the Right Way?

If you want guidance beyond account setup, our consulting support can help you define:

  • What type of investor you are
  • How decisions should be made
  • How risk should be handled
  • What mistakes to avoid early

Fill out the form below to see which consulting service fits where you are today.

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Jaycee De Guzman

Jaycee de Guzman is the founder of Equilyst Analytics, an independent research and strategy firm. A Philippine stock market investor and investment strategist since 2012, Jaycee is also a computer scientist, digital marketing strategist, agriculturist, and Juris Doctor candidate, with a multidisciplinary approach to markets, technology, and long-term capital allocation.