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Is my order executed immediately?
2024-05-23 14:14:45Orders entered electronically are usually posted quickly. However, several factors may affect the execution of your orders:…
Can I cancel an order?
2024-05-23 14:15:28Yes, you can place a cancel order anytime provided that the order has not been executed or matched. However, you cannot…
Can I sell an order I placed the same day that I bought them?
2024-05-23 14:16:31Yes, you can sell your stock immediately even after 5 minutes of buying the stock.
If I sell a stock today, can I use the funds to buy immediately?
2024-05-23 14:17:37Yes, you can use the funds to buy another stock or the same stock immediately. If you were to withdraw, it will take two…
Can I place an order after trading hours?
2024-05-23 14:18:21Yes, ABCSI’s Online Trading Facility allows you to place your orders at any time of the day or any day of the week, even…
Is there a minimum on the quantity of shares I need to purchase?
2024-05-23 14:20:44Yes, the Philippine Stock Exchange determines the minimum quantity of shares based on the price of the stock. The minimum…
Can I enter a limit order?
2024-05-23 14:21:21No, you cannot enter limit orders in the sense where you can limit a buying order to the highest price you are willing to…
Is there a limit to the amount that I can trade?
2024-05-23 14:22:09Yes, for both buy and sell orders. For buy orders, your limit will be the amount available in your account balance for buying.…
What is the maximum trading amount per transaction?
2024-05-23 14:22:52The maximum trading amount per transaction is equal to your Cash balance.
Can I place an order thru email?
2024-05-23 14:23:32No, you cannot place your order through e-mail. For security reasons, your order can be placed through our Online Trading…
If I don't have access to any digital device, how can I get to my orders or get quotes?
2024-05-23 14:24:38You cannot place orders through our brokers since your online trading account is secured by a password known only to you.…
If the site is down, how can I get my orders or quotes?
2024-05-23 14:25:24Only on this occasion can you place orders or get quotes through our brokers. You can get in touch with us at the no. (632)8898-7555.
What taxes do I pay when I purchase a stock?
2024-05-23 14:31:36For the Buyer:Philippine Stock Exchange (PSE) fees equivalent to 0.005% of the gross amount. Gross amount refers to the…
Is there a preferential tax rate/ tax relief for non-resident clients?
2024-05-23 14:32:57If there is an existing tax treaty between the Philippines and the country where the other party to the transaction resides,…
What is the applicable cash or property dividend tax for a local corporation?
2024-05-23 14:34:34If you are a Philippine citizen or a resident foreigner, you are subject to a final withholding tax of 10% on the gross…
What is the applicable cash or property dividend tax for a residing foreign corporation?
2024-05-23 14:36:35In the case of a foreign corporation or an individual who is a resident of a treaty country, the applicable tax rate on…
What is the applicable cash or property dividend tax for non-residing foreign corporation or an individual that is a resident of a treaty country?
2024-05-23 14:38:15Cash and property dividends received from a domestic corporation by a non-resident foreign corporation are subject to final…
What is the applicable stock dividend tax?
2024-05-23 14:39:02Stock dividends distributed pro rata among stockholders of the same class are not subject to Philippine income tax but shall…
Is there a monthy/annual fee paid to AB Capital?
2024-05-23 14:39:42No, we do not charge any monthly/annual fee. We only charge when you buy or sell a stock. The Broker’s Commission consists…
What is an ABCSI Margin Account?
2024-05-23 14:40:55The purpose of the ABCSI Margin Account is to provide funding access to stock market investorsBuying on margin involves…
What is the difference of a regular Cash Account from a Margin Account?
2024-05-23 14:42:12In a Cash Account, you can only purchase stocks limited by the cash balance you have in your account. With a margin account,…
How do I apply for Margin?
2024-05-23 14:42:52Individuals 21 years and above or Corporations who are existing On- Line clients of ABCSI.You need to open an ABCSI Margin…
What are "Marginable Stocks?"
2024-05-23 14:43:39Marginable Stocks are those that ABCSI accepts as collateral for the amount borrowed under the Margin Account. (See Annex…
How much does ABCSI charge an interest on the amount borrowed?
2024-05-23 14:44:48The interest rate is 1.25 % per month + 12% VAT, which is subject to change without prior notice.The amount of interest…
Is there a period of time within which I should pay the amount borrowed?
2024-05-23 14:45:44Maximum of one (1) year, renewable through written adviceNote that interest charges accumulate over time as long as the…
What is the equity level maintenance requirement?
2024-05-23 14:46:31To keep your credit line open, your equity must be at least 50% (200% Collateral requirement) of the value of the marginable…
What is a "Margin Call?"
2024-05-23 14:47:07If your equity falls below the minimum maintenance requirement of 50%, your ability to purchase more stocks is halted up…
What happens when I get a "Margin Call"?
2024-05-23 14:47:47When you receive a “Margin Call”, you will be required to bring your equity back above the 50% minimum requirement within…
What is margin suspension?
2024-05-23 14:48:23Once your equity level falls below 30%, your margin trading privileges shall automatically be suspended. If your margin…
What are the risks of having the ABCSI Margin Account?
2024-05-23 14:49:18Margin Trading can amplify gains as well as losses. While buying on margin can potentially pump up your profits and boost…