Choosing my COL Financial account type.

There are 3 type of accounts offered by COL Financial. Please see table below.

  

Note: Table above is a direct image from COL Financial's website.

My application to COL Financial was just approved last February 13, 2014 and I have just funded my account last night.

The type of account I opted to choose is COL PLUS with minimum investment of ₱25,000 instead of COL STARTER with minimum investment of ₱5,000.

The reason I picked  COL PLUS over COL STARTER is simply because it lets you do almost everything COL PREMIUM does for a bargain price of ₱25,000, except only that COL PREMIUM provides a Relationship Manager but for a minimum investment of a whopping ₱1,000,000.

A Relationship Manager is someone who provides value-added services to COL Financial's premium investors.

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The definitions of features as indicated on COL Financial's website are in blue font:

• Java Charts - Java charts is a browser based java charting application that provides a robust degree of prices in graphic form that can be viewed with a host of technical indicators and tools. Starter accounts can only view End of Day data (if you look today you can only see chart data as of yesterdays close) while Plus and higher accounts can see live streaming data.
  

• Market Data - Market data shows information on stock quotes and various statistical information sent by the PSE. All accounts have access to live data but Starter accounts must call out such data or refreshed' when needed. All other accounts can receive data from the stream and not need to be refreshed.

• Price Ticker - An applet that displays running data of current market prices. This feature must be called out from Starter Accounts, while all other accounts can find this ticker embedded into the basic webpages of COL Financial.

[Is your COL Java Ticker not working? Try switching to Classic Version. Or click here.]

• Research Pages - COL Financial provides a host of research reports and statistical guides that help provide information to customers to aid in rendering analysis and a market view. All COL Financial reports are open to all account types.

• Customer Support/Helpdesk - You may tap the services of COL Financial's Helpdesk or Customer Support group to answer questions about account opening, website use, brokerage services, and other pieces of general information (non-inclusive of market advisory information). You may call COL Financial's hotline at 6-515-888 or email us at helpdesk@colfinancial.com 

• Easy Investment Program (EIP) Facility - this is the feature on COL Financial that allows for the use of cost averaging by providing a convenient EIP Scheduler calendar that reminds you to execute planned trades over in time.

• Margin Facility - this is a credit facility that allows customers to borrow funds and make additional purchases of stocks using their stock and cash assets as collateral. Interest is charged for any loans made. 

• Broker information - a feature available to Plus accounts and higher that provides data that measures brokerage transactions viewed as a whole or through stock specific filters, as well as a Brokers' daily ranking report. 

The Code 203 is for COL FINANCIAL GROUP, INC. (COL) This table shows top 10 of a possible 202 most active stocks transacted by COL on a corresponding date/s.

This table shows top 12 of a possible 65 brokers that has transacted PHIL. LONG DISTANCE TEL. CO. (TEL) the most on a corresponding date/s.

This table shows top 10 of a possible 125 stock brokers in terms of total buy and sell amount on a given date/s.

• Expanded 6-Pack - an expanded six pack allows a user to build up to four different 6-pack pages whose headers may be renamed to earmark a specific watch group

I love this already! Information on each Stock is being auto-updated. This is available in COL PLUS and COL PREMIUM  only :)

• Relationship Manager - A personal helpdesk specialist who caters to the needs of Premium customers.

Relationship Manager is a dedicated person, possibly an investment coach who will help premium investors with their account queries.

Source: COL Financial Group, Inc.
http://www.colfinancial.com/ape/final2/home/account_type_details.html


Posts you might want to read:
[What I did before I start investing on the stock market?  As a newbie, I think you should too.]
[I sold my first stock! This is my first triumph as a newbie.]
[Is there a charge for BDO Online deposit to COL Financial? Aren't you curious?]
[Is there a maintaining balance for a COL Financial Account? Don't you want to know? ]