Trading With Us

Trading With Us

Account Opening

Individual (local) (Download form: CAIF-Individual, Trading Agreement, Signature card)

  1. Customer Application Information Form (original signature) *TIN (Tax Identification Number) is mandatory
  2. Trading agreement (original signature)
  3. Signature Cards (original signature)
  4. Any two (2) of the following: Social Security Number, Government Service and Insurance System Number, Passport Number, Driver’s License Number, Senior Citizen ID Number, Voter’s ID Number or any government issued identification card number.

 

Individual (foreign resident) (Download form: CAIF-Individual, Trading Agreement, Signature card)

  1. Customer Application Information Form (original signature) *TIN (Tax Identification Number) is mandatory
  2. Trading agreement (original signature)
  3. Signature Cards (original signature)
  4. Any two (2) of the following: any valid government (foreign) identification number and certificate of residence

 

Corporation, Partnership or other legal entity (local) (Download form: CAIF-Corporate,  Trading Agreement, Signature card)

  1. Customer Application Information Form (original signature) *Business TIN (Tax Identification Number) is mandatory
  2. Trading agreement (original signature/s)
  3. Signature Cards (original signature/s)
  4. Any two (2) of the following: Social Security Number, Government Service and Insurance System Number, Passport Number, Driver’s License Number, Senior Citizen ID Number, Voter’s ID Number or any government issued identification card number.
  5. Corporate Papers: Articles of Incorporation/Partnership; By laws; Constitutive Documents of the entities; List of directors/partners and principal officers; List of stockholders owning at least two percent (2%) ofthe capital stock; Names of person/s authorized to transact business on behalf of the entity; Secretary’s Certificate of board resolution authorizing the opening of the account with the Broker Dealer firm.

*All documents must be original and submitted personally.

 

How To Start

You may fund your brokerage account by depositing your check payable to “Westlink Global Equities.Inc.” at our brokerage office in PSE Ayala Avenue Makati City.

You may also deposit stock certificates, which must be presented personally.

 

What You Can Trade

All Stocks Listed at the Philippine Stock Exchange.

 

How to Trade

You may set your price according to the following board lot and price fluctation.

Price Range Fluctuation Boardlot
0.0001 to 0.0100 0.0001 1,000,000
0.0110 to 0.0500 0.0010 100,000
0.051 to 0.25 0.0010 10,000
0.2550 to 0.5000 0.0050 10,000
0.5100 to 5.0000 0.0100 1,000
5.0100 to 10.0000 0.0100 100
10.020 to 20.000 0.0200 100
20.050 to 50.0000 0.0500 100
50.050 to 100.0000 0.0500 10
100.1000 to 200.0000 0.1000 10
200.2000 to 500.0000 0.2000 10
500.5000 to 1000.0000 .5000 10
1001.0000 to 2000.0000 1.0000 5
2002.0000 to 5000.0000 2.00 5
5005.0000 UP 5.0000 5

Trading hours start at 9:30 AM to 12:00 NN and resumes at 01:30 PM to 03:30 PM.

 

Transaction Fees

Commission Rate on the total gross transaction: (varies)
Value Added Tax (VAT) on commission: 12%
PSE Transaction Fee: 0.005% of the gross transaction amount
SCCP Fee: 0.01% of the gross transaction amount
Sales Tax: 0.5% of the gross transaction amount

*Sales tax is applicable to selling transactions only.

Other Fees:

Lodgement Fee (certificate deposit): Php 22.40/certificate + Php 112/issue
Upliftment Fee (certificate request): Php 165/certificate
EQTrade Fee (broker-to- broker securities transfer): Php 82.50/issue

 

Settlement Cycle

Whether buy or sell transaction, settlement will be three (3) days after the trade date or “T + 3”. When buying, you will receive the shares three (3) days after trade date (for example, if the trade date is Monday, the shares will be credited to your account by Thursday). When selling, the funds will be available three (3) days after trade date (for example, if the trade date is Wednesday, the funds will be credited to your account by Monday).

 

Withdrawal

You may request for a withdrawal of funds in your account. The check will be available one (1) day after receipt of the request.

*Checks will be made payable only to the name in the account.

 

Transfer of Stocks

You may transfer your shares to other stockbrokerage by sending us a valid request. (Download form: Request for Transfer of Shares)

*Letter must be with original signature presented personally or through an authorized representative.