How to invest Facebook, Google, Apple stocks in the Philippines? It’s simple and easy. Just follow the helpful guide here. Now, we can buy, sell and invest international stocks like FB, GOOG, AAPL, TSLA, and many more using one of the best trading platforms in the world.
I always wanted to buy stocks of big companies like Google, Facebook, Apple, Starbucks, Microsoft, and also invest with other indices like NASDAQ-100, S&P 500, and US Dollar Index.
But it was a big hassle opening an international account while residing in the Philippines. Not to mention, the expensive funding and charges you have to go through with it.
I knew that day would come that some international trading platforms would open their doors to Asian traders and investors. That day finally arrived, you guys. I know you’re excited about this especially if you are interested in expanding your portfolio to the next level.
Table of Contents:
How to Invest Facebook, Google, Apple Stocks in the Philippines in 2021
- Open an Online Trading Account
- Verify your account
- Fund your account
- Choose your stocks
- Execute a Trade (BUY order)
- Set up your Stop Loss and Take Profit
- Consider your risk profile
How to Trade US Stocks in the Philippines (Step-by-step Guide)
1. Open an Online Trading Account
eToro is not only a trading platform, it is “the world’s leading social trading platform.” Founded in 2006, the company is fully regulated by the FCA in the UK and CySec authority in Europe. Now, it is trusted by millions of traders and investors around the world. It is available in over 140 countries.
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
My favorite thing about using eToro is that you can trade and invest in a lot of financial assets including stocks, ETFs like Vanguard Total Bond ETF, SPDR Bloomberg Barclays, currency pairs, crypto like BTC and ETH, indices, and commodities like gold and oil.
You can also copy other top investors’ strategy and portfolio allocation. eToro is also a CFD (Contract for Difference) platform. I learn so much in investing and trading different financial assets. I learn a bit deeper about leveraging my money. Getting to know more about the international market is also fascinating.
2. Verify your account
Just like any account online, you need to verify your account to prove your real identity. No worries, the verification process takes only a few steps to complete. You will have to provide your valid ID, utility bill or statement of account, and Tax Identification Number. Before you invest Facebook, Google, Apple stocks in the Philippines, you must activate your account by verifying it.
3. Fund your account
Before you can execute a trade, you need to fund your account. The minimum funding for us in the Philippines is 200 USD. I recommend using a debit card so that it will be easier for you to withdraw your money from your portfolio as well, whenever you wish. Any cash you want to withdraw from eToro will be credited to the debit card you have used.
Another funding options include Paypal, Credit Card, Wire Transfer, UnionPay, Skril and Neteller.
4. Choose your Stocks
Add your stock inside your Watchlist to be able to access it easily whenever you want to trade. Otherwise, just search it from the search box. My watchlist currently have some of the following companies and indices.
5. Execute a Trade (BUY order)
Just head over to the stock of your choice and select the TRADE button and Buy your stocks. In this example I am buying units of Facebook stocks. Although the market price is 191.39, you can buy some units if you can’t afford the whole amount per share. In this example, I am buying using $100.
6. Set up your Stop Loss and Take Profit
These are awesome features which add a layer of protection to our investments. You can set up Stop Loss and Take Profit for your Trade order. Your order will automatically close when it reaches the SL or TP.
In the example above, I set up 50% stop loss, using a Leverage of X1, and I set up a $10.50 target profit. This trade will automatically close when it reaches either of the settings and the profit will automatically be credited to my account.
7. Consider your risk profile
Trading and investing have risk. Number one rule is risk only what you are comfortable to lose. If you are scared to lose money, do not trade. It’s just that simple.
In the above example, I used X1 Leverage because I am buying with the lowest risk. If you use X2 Leverage and above, you will be making income X2 or more if the trade is going according to your favor otherwise, you will be losing money X2 or more if it’s going the opposite. The higher the Leverage, the higher the risk. So, if you are a beginner, be extra careful and avoid using a leverage.
Tip:
Buying shares with X1 leverage will let you invest the underlying asset (stock) without any commission fee to pay.
As a passive investor, my strategy in trading is choosing companies with “Strong Buy” status or those which are currently undervalued. I leverage only small amount with my trades. My objective is to make constant profit slowly as my portfolio grows over time.
Buy Stocks of Facebook, Google, Apple in the Philippines
This will help you experience what I was talking about. Because knowing how to use your trading platform is the first step to minimize risk. You are also one step away from growing your portfolio and investment.
That’s it! So easy how to invest Facebook, Google, Apple stocks in the Philippines. Everything can now be done online and every other asset you want to buy is available on your trading platform.
Global Stocks Guides:
- Top 5 Reasons Why I invest Microsoft Stocks
- My Effective Strategy Investing Strategy on eToro
- How to Make Money Using MasterCard?
- 3 Things You Must Have Before Investing in the Stock Market
Disclaimer: Everything shared in this website is for investing and trading educational purpose only and should not be considered as professional advice. The world of CFD trading involves risk. Risk only what you are comfortable to lose.
Hi Ms Fehl do you think in order to maximize my money do you think it’s a good idea to transfer from PSEI stocks sell all of them and transfer to eToro instead? What do you think?
Hi 🙂 Have both markets instead of just having one. There are still opportunities in the PSE. However, eToro provides bigger markets – many countries and many assets
Hi Fehl, is there other way to do buy stocks globally online aside from eToro site? Do COL, bdonomura or bpitrade have these options? Thanks in advance
Hi Ms Fhel, you are my first mentor on stocks investment via COL. Now i am planning to invest in E-Toro because of TESLA. I am using this blog as my reference, Thank you. I have question regarding funding. Does my current PESO saving debit card is enough in funding E-Toro or i still need to have a dollar account? Thank you very much in advance.
Hi Romel 🙂 I like Tesla and its stock went down badly yesterday so I bought some shares. Yes, debit card is enough regardless of currency. If you have a Peso account, your transaction will be converted to USD when funding on eToro.
Hi Fel,
Your articles have always been so helpful. Thank you.
For point no. ‘3. Fund your account’ – would you recommend a debit card that is linked to a peso account or a dollar account?
Hi Patterson 🙂 You can use any currency-based debit card, transaction will automatically convert to USD. Cheers!
Hi. Is eToro legit?
Yes, 100%. We shared the proofs here: https://dailypik.com/is-etoro-scam/
Hello, did you submit your w-8benform? how do you attach your signature?
Hi, Katie! Yes, I submitted my W-8BEN form. I filled out the PDF and put my signature using Mac, it has built-in PDF editor
Hi Fehl.. Ur other stocks in etoro are for long term?
Hi 🙂 Yes, majority are for long term and I earn dividends regularly. I also have some stocks for active trading.
Hi Fehl, when having a “small fund” in etoro, is it true that there’s daily deductions when holding a stock due to leverage?
Hi 🙂 If you are using X1 leverage, there are no fees or charges involved. So use X1 leverage and you won’t pay anything. And yes, X2 leverage and above will incur daily and weekend fees.
hi miss fehl! Is eToro same with COL financial in buying and selling stocks? I’m trying to learn things in eToro prior funding using my virtual account.
Hi, Angie 🙂 eToro is different in a way it offers more leverage and it offers global stocks, ETF, indices, cryptos, and commodities. Besides that, you can see other investor’s portfolio and their performance. See you around eToro, my account is @tradecatalog
Hi fhel, am still in virtual mode and learning the apps trading functions. Im gave up some position sa COL and waiting for redemption of fund to be available, yun muna gamitin ko to begin trading. Im wondering if eToro provide stockcerts like COL does that I could use if ever i needed one for visa applications? Thanks, more power to you fhel! You helped me a lot nung nag i-start pa lng kmi magasawa maginvest.
Hi, Jon 🙂 Right now, eToro does not issue stock certificate or the underlying asset for clients in the Philippines as it needs license pa for that. They are currently in the process of obtaining that license according to my source in eToro. Let’s wait for that 🙂
What’s your account name? I just created my etoro account and want to copy you 🙂
Hi, Bobby 🙂 my account name is @tradecatalog See ya there!
Hi Ms. Fehl
Did you already try withdrawing money from your account in e toro?how many days can we receive if we are going to withdraw. Im very interested to invest and trade,keep posting more about investing in Etoro.I have also a small position in our own PSE.
Hi, Ben 🙂 I did not yet withdraw funds from my eToro account as I’m still building up my portfolio. I joined last June 2019 palang. Depositing funds is easy, I think withdrawing is the same as money will be credited back to the debit card I’m using in funding.
Hi Ms. Fehl, is this the same investment in the PSE? My goal is long term investment. In which I should add funds monthly?
Hi have u tried abra? Legit kaya yun?
I only use eToro for global stocks and it’s 100% legit
Legit ata si Abra. Union Bank accepts deposits for Abra.
FYI…”eToro does not charge any deposit or trading fees other than spreads. eToro charges a $25 fee for withdrawals and the minimum withdrawal amount is $50. eToro does charge overnight/weekend fees for CFD positions.” 🙂
Yes, that’s on their FAQ 🙂 Spreads are little fees, you can barely feel them 🙂
Hi Fehl, I recently looked into option trading. sort of self teaching. then i found this. is this like option trading? I use to follow you but was not ready to invest. I think this is my range. Thank you
Hi Rudolph, it’s CFD trading. CFD and option trading are both derivatives and they are similar in some ways but option trading offers more options.
hi fehl.. if i liquidate my stocks, would you know how they will give back/remit the amount? will we need a dollar bank account? thanks for this article, very helpful 🙂
Hi, if you are using Debit Card in funding, that is where they will remit back the money you earned or any money you wish to withdraw.
thanks fehl.. anyway, i also emailed them.. here’s what they said.. 🙂
“No need for a dollar account. You can just use your Visa or Mastercard Credit Card and it will be up to your bank to convert your peso into dollar.
As for withdrawal, for as long as you withdraw an amount lower than your deposit in your card, we will send it back to your credit card. Otherwise, if the value is bigger, we will ask for an alternative withdrawal method like your savings account.”
My pleasure 🙂 I’m glad to hear about that.
good to know that your in international market too, I just created an account in etoro but havent funded it yet. btw, whats your account name ms fehl? thought of copytrade you . hehe
Hi 🙂 My eToro account is @tradecatalog. I just started my portfolio, made my first profit yesterday with BTC. See you around 🙂
Hello Ms. Fehl, copied your trade. 🙂 Is this investment same in the PSE which I should add funds monthly?
Hi, JM 🙂 Thank you for following ang copying. 🙂 Yes, it’s somewhat the same except that we deal with foreign stocks here. The opportunity to invest with big companies is now easier and more convenient.
Hi Fehl thanks for this,
Got a question, in ‘using a debit card’, a peso debit card will do or should i open a dollar account?
hi, Tedd 🙂 Yes, peso debit card will work. I’m using the same thing
Wow great …thanks much
How are taxes or tax reporting handled when trading on the e-Toro platform from here in the Philippines?
Hi, Jack. eToro does not control taxes reporting since every country has different tax ruling. Right now, it is the responsibility of the investor to comply for his/her taxes from earnings.
Thanks for sharing…
Always a pleasure 🙂
How about copytrading? Any good trader you can recommend?
I am not using CopyTrading right now, I want to start building my portfolio following my own strategy 🙂