AskWhich is better? I have a BPI Express Online account.
Tags: BPI, Citiseconline, COL, COL Financial
9 Responses to “BPI Trade vs. COL”
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BPI Trade vs. COL
May 12, 2013 | By Fitz | Filed in: Investing.
Quick questions on business, investments, and personal finance.
I have a BPI express online account too. So I got BPI Trade. But now I’m adding a COL account.
BPI Trade is ok if you’re a BPI client, long term stock investor and with no plans of doing short-term trading.
It’s very convenient when you are a BPI account holder. But it’s not uncommon for the site to go down. Also it doesn’t provide you with any research. But it now has some technical and fundamental indicators on the site.
Thanks Carlos. Whats the advantage of COL? And why dont you recommend bpi trade with short term traders?
The main advantage of COL is the research. They give you stock updates with buy-hold-sell ratings as well as buy-below prices and target prices. And most COL clients I know/read about seem to be satisfied with COL’s picks – so they probably get more right than wrong picks. (and they’re also the source of the Truly Rich Club’s stock picks; it’s the same list. TRC’s is just shorter and comes out one day earlier)
I don’t like BPI Trade for short-term trading because the site’s performance is not that great. It can go down or lag. It’s ok most of the time, but in less than a year, I’ve already had a handful of experiences where I wanted to buy or sell and couldn’t because the site was down or was up but for some reason couldn’t process my request.
HOW ABOUT FIRSTMETROSEC VS. COL???
To sir MondC
Just a brief explanation
BPItrade – You do the trading your own because of their website. Like i have.
They have the information you need to trade
COL – you can give them the investment and they will trade for you or you trade yourself. and also they give tips on what to buy or invest
^ with BPITrade – You do the trading your own because they can’t. 😀
with COL you can do the trading your own, because they gave you the research to make decent choices.
just saying…
In reality BPI is a minimalist broker – minimum fees, standard service. Nothing bad, just nothing extraordinary. I like them ,have an account with them, even like their site (which is suspiciously like Metro sec’s; as if it was a template and they each just chose different colors).
Regarding FEEs I think BPITrade and COL are just the same which is the industry standard.
Yeah, I noticed through BPI Trade tweeter account that their system is always down.
How do you earn will COL? And where can you apply
any updates on the difference of COL and BPI Trade?