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Regular (25k) vs EIP (5k) Opening Accounts of CitisecOnline – What’s the difference?

COL Financial (formerly Citiseconline) offers two types of account – Regular (25k)  and EIP (5k) Opening Accounts. So what are the differences between the two ?

When opening a stock trading account in Citiseconline (COL), one will notice the two options provided for potential investors.


How to Open an Account in COL Financial or CitiseconlineHow to Open an Account in COL Financial or Citiseconline

It’s the 5k and the 25k minimum initial deposit.

In their site, the 5k is also called the EIP account, while the 25k is called the regular account.

You can access here a step-by-step tutorial how to open an account in COL Financial (for newbies & OFWs).

So what’s the difference between the two???

But before answering that question, let me first congratulate you for finally making that concrete step on working in your finances this year! The fact that you’re reading this only means you also want one day to start making money work for you, quite the opposite of the thinking of many entrapped in an “employee’s mentality” seemingly planning to work for money until they retire.

For that give yourself a pat on your shoulder! I’m pretty sure this is just a start of the avalanche of blessings to rush in your life.  🙂

Now back to the topic.

Here’s an answer I got from Aya working in the firm itself:

The EIP is a beginner’s account that uses an investment strategy called peso-cost-averaging. We offer an EIP scheduling program to help you invest for the long-term. The 25k regular account is a start-up for people who wish to regularly trade the stock market for the short-term.”

In another answer to the same question, Sir Aya added:

In theory, if you open a Regular account, you are going to trade actively. That figure sort of ensures you can buy 2 to 3 issues so that you can actually trade. Otherwise, it would make more sense to open a 5k EIP account.”

In short then, the 5k EIP account is for those who are really just beginners and are planning to invest for the long term. CitisecOnline has its recommended stocks for this EIP program available to its clients. As of this writing (Jan2012), they have 16 stocks in the recommended list – you can check it here. The 25k regular account on the other hand is for those willing to dedicate more time in their investments by trading and watching the market more actively.

The main difference then lies in the strategy offered by the accounts. The EIP is for those new folks looking for an investment program (leveraging on the power of peso-cost averaging); the 25k is for individuals who want to test their own trading system.

Note that while they have different initial amount of investment, both have the same online trading platform features. They are both investors after all, and thus be the case. That means  trading functionalities and features available in one account are also present in the other. In fact, you can switch your strategy from one to another anytime during your investing career, or combine both. It’s really just a matter of clicks and ticks in their site.

If I may add, the 5k and 25k initial investment guideline is really not that strict. I actually put 10k initial investment when I opened my account with them. HAHA

What matters for now is to have it started and build-up your momentum in this kind of financial tool.

There you have it! May you have a fantastic investment this year!

Have fun investing!

PS1: As you may already know, Sir Aya is the guy behind the phenomenal and practical TV show in GMA NEWSTV Channel 11 Pesos and Sense, sponsored by COL Financial/CitisecOnline, aiming to expand financial literacy among Filipinos around the globe. Currently they are now working to launch its second series. You can watch their first series episodes in YouTube. You’ll really learn a lot! 😀

PS2: After opening an account, the next step now is choosing what first stock to buy. You may want to take advantage of the TrulyRichClub system to guide you in all succeeding steps of the way. Receive regular stocks update for your investments, plus a lot of other materials for your financial education! To try it out, click here.
Download your free ebook – Bo Sanchez’ My Maid Invests in the Stock Market… and Why You Should, Too! [PDF].
Click here to download and get your free copy!

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47 thoughts on “Regular (25k) vs EIP (5k) Opening Accounts of CitisecOnline – What’s the difference?

  1. she

    if I will start with 5k..then add every month until became 25k,does my account automatically turn from col starter to col regular which is 25k??

  2. Joben

    Hi Sir,

    Gusto ko sana mag EIP ang gagawin ko sa account ko. Nag try ako na mag Buy busing EIP but the cash basis. nag pomp out na dapat nasa board lot ako…. I select the one company i want to invest and the company has a boardlot of 100, then i will try to invest but something has been say that the boardlot cannot excess. Please help and guide for this…. I am a beginner.

  3. Apollo Rivera

    Sir ask ko lang bakit ako na debited ng 5k nung nag order ako pinili ko equity sana matulungan nyo ako sa problem ko.

  4. jarsh

    Hi, can anyone tell me how long does it takes to have an account with COL for applicant here in Singapore? Thank you so much for the reply,. God Bless!

  5. robert cabebe

    I was very interested in stock markets,only problem is i dont have much idea i keep on reading articles. This thing makes me confuse if i want to open 5k EIP. Do i need to pay 5k every month? Please advise

      1. Joben

        Hi sir,

        I open already an account in 5k, and invest to the company that i will to invest and it says the the boardlot is not excess. the boardlot of the company ios 100.
        please help me what i can do.

  6. Em

    Hi, I want to invest in col financial. If I starter with eip account can I convert it to col plus later on or do I need to open new col plus account?

  7. Kori1111

    Huhuhu.. Sir Omeng, I’m interested in stocks. But I prefer trading, but unfortunately I can’t afford to avail the regular account. But can I do with EIP the same thing like buy and sell of stocks?

    Huhuhu kungmeron lang talaga akong perang 25K, I’ll go for it. 🙁

  8. Angelica

    Hi my name Angelica! I would love to invest or trade in the stock market. I know the rules already. Can I open a account online ? But I’m here in Australia? What should I do?

    1. gel

      and ung 5,000 pag nagopen ba ko sa stocks ba yun or sa mutual funds kasi 12 hrs lagi pasok ko.and I have only 1 day off. my problem is I only have money but not much time and knowledge.

  9. Herbert

    Sir i have a question about bank account. im here in qatar and i dont have a bank account in metrobank or in pbi, so how i can open an account Cityseconline?

  10. jhon

    Paano po ako mag apply sa COL financial andito po kasi ako sa baguio.. saan po ako magsend ng requirements? Pwede ko po ba scan and send tru email? Thank you po in advance sa reply!! 🙂 please help.

  11. Gold Silver Diamond

    I really appreciate people like Aya Laraya,J3 Patino,Bo Sanchez,Francisco Colayco and many more who are eager to help filipinos who want to go in investing and have their heart to open up the mind of their fellowmen on how to improve life and not be on poverty.

  12. May

    Can you earn the same as EIP if you go Regular? It seems that the EIP is being offered as some sort of savings account where you keep adding to the investment. Will it earn about the same if you go Regular and also add investment whenever you want? Meaning buy more stocks as you go along

    1. Omeng Tawid Post author

      @Roel, no required monthly additional. It’s a good habit though, (and a good way to invest consistently), but it’s all up to you if you add in the next moths.even if below 5k yan, you can do so.

  13. Omeng Tawid

    @Char, strictly speaking, there's no required minimum amount you have to add to you investment on a monthly basis. However, EIP rests on consistently purchasing/buying of stocks regularly (monthly for example).. this will depend on your budget.

    you can start with small amount then build it up through time.

  14. Pingback: Top 3 Key Points Why Choose BPI Trade | Smart Pinoy Investor

  15. champ

    Kakaopen ko lang ng col starter account, weird is ngdeposit ako ng 5k pero 10k ung balance ko sa col. Normal ba yun? Binili ko na ng stocks ung 10k

  16. Melvin Yap

    I have regular account with col financial and have been investing since April 2013, regularly. If I don't sale any of my portfolio could I still benefit for long term with compounding interest?
    I am OFW and I don't have time to check the movement of my stocks. I can check it only during weekend and place a buy every month using O-H order . I made my regular account as if It were an EIP. Thank you so much for anyone who can answer my question. God speed Investing Philippines.

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