Established in 1987, DA Market Securities, Inc. (DMSI) is a traditional and online equities brokerage firm with an affiliate in banking and financing in Central Luzon.

DMSI is a member of the Philippine Stock Exchange and is one of the leading stock brokerage firms in the country. The company is consistently among the top trading participants in terms of value turnover and the market leader on margin facilities.

We create value and provide excellent products and services for our clients through the bulls and bears of the market, growth for our people and meaningful returns to our shareholders. We are dedicated advocates of financial literacy to reach the growing number of Filipino investors seeking to ensure long-term wealth.

  • Online Stock Trading
  • Real-time market data and statistics
  • Charting tools
  • Broker Assisted Trading
  • Margin Facility

(02) 8887-6407/ (02) 8834-7765
helpdesk@itrade.ph
Unit 1105, PSE Tower, 5th Ave. Cor. 28th St. Bonifacio Global City, Taguig City, Philippines, 1634

Any one of legal age, local, including OFWs, or foreign, or Corporation so long as the applicant provides all the necessary requirements. Management reserves the right to approve/deny any application as it sees fit based upon its measures of standard.

  1. Download the application form and fill in the required information.
  2. E-mail a digital copy to damarketsecurities@gmail.com for review before submitting the physical copy personally or via courier duly accomplished forms and other requirements to our office at Unit 1105 PSE Tower, 5th Avenue Corner 28th Street, Fort Bonifacio Global City, Taguig City.
  3. Receive an email notification once application is approved.
  4. Fund your account.
  5. Receive the log-in credentials by email within 1-2 business days.
  1. Fill out a set of application form CAIF, Trading Agreement, Signature Card, Data Privacy Form, FATCA
  2. 1 Valid Government IDs
  3. Taxpayer Identification Number (TIN)
  4. Additional Requirements
    • For Resident Foreign Citizens – Alien Certificate of Registration (ACR) or Work Permit from DOLE
    • For Non-resident Foreign Citizens - Authentication of a photocopy of one (1) valid passport
    • For Corporate/Partnership Accounts:
      1. Copy of Articles of Incorporation/ Partnership and By- Laws;
      2. Latest General Information Sheet (GIS) which lists the names of directors and principal stockholders owning at least two percent (2%) of the capital stock.
      3. Notarized Board Resolution covering account opening authority, list of officers authorized to sign and their specimen signatures and the signing authority of the signatories
      4. Copy of latest ITR and Audited Financial Statements;
      5. Secretary’s Certificate/ Board Resolution naming the person authorized to transact and perform other acts relatives to the account;
      6. Copy of Trust Agreement (if Trust Account)
      7. Sworn statements as to the existence or non-existence of beneficial owners, if any
      8. Photocopy of 2 Valid IDs of all signatories, of which at least 1 must have a photograph (e.g. Passport, Driver’s License)
Once approved, you will receive an e-mail with instructions to fund your account by depositing to any of our bank accounts.
Once your application is approved and the initial deposit has been made you will receive confirmation in your e-mail within 1-2 working days. Online accounts will also receive log-in details.

In order for you to invest in REITs, a Name on Central Depository or NoCD is a sub-account created on the client's behalf for Real Estate Investment Trust (REIT) in the NoCD facility of the Philippine Depository & Trust Corporation (PDTC) as part of the regulatory requirement.

You may fund your account through any of our partner banks. Send the deposit confirmation to helpdesk@itrade.ph with a subject: FUND DEPOSIT

Account Name DA Market Securities, Inc.
Partner Banks Account Number
BDO 01-1868-0012-97
For BDO Bills payment *This option does not require enrollment
1. Select DA MARKET SECURITIES INC. as the Company/Biller Name.
2. Fill in details: Under Subscriber Number, input DMSI Account Code (e.g. ABCD001) and under Subscriber Name, input your DMSI Account Name
BPI 3541-0031-33
Metrobank 264-7-26481071-6
RCBC
1216-0203-98

The minimum investment is PHP100,000.00.

You will need to maintain PHP100,000.00 in cash or stock/s in your account.

In the case that an online account becomes inactive for two (2) consecutive months, management reserves the right to transfer an online account into a broker-assisted account with a minimum commission fee of PHP 200.00 per transaction and a monthly maintenance fee of P200.00.

Cash deposits to any of our bank accounts will be reflected on your portfolio the next trading day. Check deposits will reflect on your portfolio after the one (1) day check-clearing period. Cut-off time for deposits is 3:00 PM.

Contact us at (02) 8887 6407 or (02) 8834 7765 or (63) 917 863 3119 or send an email to helpdesk@itrade.ph to reset your Username or Password.

Contact us at (02) 8887 6407 or (02) 8834 7765 or (63) 917 863 3119 or send an email to helpdesk@itrade.ph to reset your Account details.

Log in to your account. Under Account, click on “Change Password” and input your new password.

You can trade all non-suspended stocks, exchange traded funds (ETFs) and real estate investment trusts (REITs) that are publicly listed in the Philippine Stock Exchange (PSE). There are times when PSE may suspend stocks from trading due to various reasons such as corporate announcements, SEC/PSE violations, etc.

Trading Hours are scheduled between Monday to Friday, effective December 06, 2021, with the following timetable:

Time Marketing Phase Description
9:00 AM Pre-Open Post, modify, or cancel Orders but no matching of Orders happen.
9:15 AM Pre-open No-Cancel Post Orders but no cancelling or modifying Orders
9:30 AM Market Open Opening prices are calculated.
9:30 AM Continuous Trading Post, modify, or cancel Orders for NORMAL and ODDLOT.
Orders are queued when entered, and matched when counterpart can be found.
12:00 NN Market Recess No posting, modifying, and cancelling of orders.
1:00 PM Market Resumption/ Continuous Trading Post, modify, or cancel Orders for NORMAL and ODDLOT.
Orders are queued when entered, and matched when counterpart can be found.
2:45 PM Pre-Close Post Orders but no cancelling or modifying Orders.
2:50 PM Run-Off/Trading At Last Closing prices are calculated.
You can only post Orders at the Closing Price.
3:00 PM Market Close End of the trading session

You can view through Stock > Stock Information or Trading > Single Order. From there, you have options to view either the best bid-ask, market depth, or order depth.

The Order board summarizes the Buyers (Bid) and Sellers (Ask) of a stock. The table shows how much buyers and sellers are willing to buy and sell at different price levels.

  • Bids Column Shows the number of bids/orders at different prices
  • Bid Vol Column Shows the total number of shares/volume of all interested buyers at different prices
  • Bid Column Shows the price points of the stock that have interested buyers
  • Asks Column Shows the number of sell orders at different prices
  • Ask Vol Column Shows the total number of shares/volume of all interested sellers at different prices
  • Ask Column Shows the price points of the stock that have interested sellers

Go to Market > Market Ticker

Click on the Trading menu tab then select Single Order. Enter the order details then click SEND ORDER. A confirmation order box will appear, displaying the summary of your order. Click OK to proceed with your order, or click CANCEL to not proceed.

Your available cash balance can be found in the Single Order and Portfolio window.

Only Limit Orders will be accepted by the system. A Limit Order is an order entered with a specified price and volume. The price of an order should always be within the Trading Thresholds.

There are two kinds of Trading Thresholds: Static and Dynamic

  • The Static Thresholds set the Lower Limit or Floor Price or at 30% below previous day’s trade and the Upper Limit or Ceiling Price at 50% above previous day’s trade.
  • The Dynamic Thresholds are determined according to the price range and historical performance of the Security. As of 1 February 2023, the PSE has classified into three (3) clusters the following dynamic thresholds:
    Security Cluster Trade Frequency Qualifier Dynamic Threshold
    A Traded 20 times or less in the past six months 20%
    B Traded 500 times or less but greater than 20 times in the past six months 15%
    C Traded more than 500 times in the past six months 10%

Note that during the Pre-Open and Pre-Close phases, the order price can exceed Dynamic Thresholds but must be within the Static Thresholds. During other phases of the market, the Dynamic Thresholds are observed.

  1. Day - Orders that remain valid until the end of the Trading day
  2. GTC (Good till cancelled) - Orders that will remain valid for 1 year or until cancelled by the User
  3. IOC (Immediate or cancel) - Orders that will fill all or partially, then cancel any part of the order that was not filled
  4. GTD (Good till date) - Orders that remain valid until the date specified when the Order is entered
  5. Session - Orders that remain valid only for the session in which the order is placed (morning or afternoon)
  6. Iceberg - Order at large quantity broken up into several smaller orders. Each smaller order is sent to the exchange only after the previous smaller order is filled, until the entire order quantity is filled. To use this feature, identify a specific number of shares to be shown in the market (Qty Shown), this must be at least 10% of your total order quantity.
  7. Conditional - Orders that allows you to set conditions that must be satisfied before a buy or sell is activated for execution. This allows active traders to (1) Buy on Breakout, (2) Buy on Pullback, (3) Sell on Strength or Take Profit, (4) Sell on Breakdown or Cutloss

This allows active traders to seize market opportunities, protect gains and mitigate loss. You can:

  • Buy on Breakout
  • Sell on Breakdown or Stoploss

A conditional order requires 3 inputs:

  • Trigger Price - the price that must be reached before the order is submitted to the Exchange for execution
  • Limit Price - the price at which you want to fill your order, or better.
  • Expiry - the length of time you are willing to wait for the stock to hit your trigger price. The expiry may be DAY, GTW or GTM.
  • Conditional order can be entered anytime of the day but the order will only be triggered during the continuous trading phase
  • Conditional order can be cancelled as long as the order has not been triggered
  • Conditional order cannot be modified. Instead, you have to cancel the order and submit a new conditional order
  • Both Trigger Price and Limit Price observe the floor and ceiling price of the stock
  • Limit Price observes the dynamic threshold from the Trigger Price
  • For Conditional BUY order, client should have enough available cash calculated based on Limit Price
    • Trigger Price >= market price and client wants to buy once resistance is broken
    • Note that if Trigger Price is < market price, the order is immediately posted
  • For Conditional SELL on BREAKDOWN or STOPLOSS order, client should have enough available position
    • Trigger Price <= market price and client wants to sell once support is broken
    • Note that if Trigger price > market price, the order is immediately posted

We look forward to providing you more features to the iTradePro for an even better trading experience!

Off-hour orders are orders placed during Market Recess (12:00NN - 1:00PM) and when market is closed (3:00 PM - 8:59 AM) of the next day during trading days, and the entire day on non-trading days. These orders will be accepted on our platform and sent to the Philippine Stock Exchange (PSE) once the market opens (1:00PM or during Pre-open period of the next trading day). Off-hour orders follow a first come, first serve basis. In the case that orders are placed at the same price, the order placed ahead of time is posted before an order posted later, in case it is posted

(A customer who placed an off-hour order at 4:00 PM will be ahead of another customer who placed an off-hour order at 6:00PM, assuming they placed their orders at the same price).

To place an off-hour order, select Trading > Single Order , just like when you are ordering during market hours. After inputting the Quantity, Price, and Validity of your order, press SEND ORDER . The order will not appear in the green/red pending order box of the Single Order Entry until the market opens. You can view your off-hour orders by going to Trade > Order History . Off-hour orders will have a “Pending Server” status. You can cancel an off-hour order by right-clicking the specific order in the Order History window.

Trading on the Philippine Stock Exchange (PSE) is done by board lot or round lot system. So, the minimum number of shares you can buy or sell will depend on the market price of the stock at the time you place your order. Also, price fluctuations are not uniform, but are dependent on the price range where the stock is trading.

Any amount of shares wholly divisible by a minimum board lot is considered Board Lot.

Price Range Fluctuation or Tick Size Minimum Board Lot
From To
0.0001 0.0099 0.0001
0.0100 0.0490 0.0010
0.0500 0.2490 0.0010
0.2500 0.4950 0.0050
0.5000 4.9900 0.0100
0.5000 4.9900 0.0100
5.0000 9.9900 0.0100
10.0000 19.9800 0.0200
20.0000 49.9500 0.0500
50.0000 99.9500 0.0500
100.0000 199.9000 0.1000
200.0000 499.8000 0.2000
500.0000 999.5000 0.5000
1,000.0000 1,999.0000 1.0000
2,000.0000 4,998.0000 2.0000
5,000.0000 UP 5.0000

Any amount of shares not wholly divisible by a minimum board lot is considered an Odd Lot and are traded on the Odd Lot board. The following rules apply to Odd Lot Orders:

  • Combining Normal and Odd Lot orders is not allowed
  • Partial matching of odd lot orders will be allowed
  • Odd lot orders will no longer be subjected to minimum commission
  • Odd lot order posting will only be allowed during Continuous Trading Period.
  • Odd lot market will have its own closing price but will adopt the price of the Normal market during opening.

Yes, for Buying orders, you are limited to the amount available in your account balance. For Selling orders, you can only sell stocks that are in your portfolio inventory. This will be displayed and adjusted every time you post an order.

Go to Trading > Order Book to view the status of all your orders. Cum Qty (Cumulative Quantity) is the number of shares that is already filled. Leaves Qty is the number of shares that is not yet filled.

Posted orders are current orders sent to the Exchange that have not been filled or have only been partially filled.

Matched orders are wholly accomplished trades.
Partially Matched orders are uncompleted orders where only a portion of the desired order has been matched.

Yes, orders can be revised or cancelled as long as they are not matched. If an order is partially filled, only the unfilled portion can be revised or cancelled. Editing an order can only be done during the continuous trading phase, i.e. 9:30 AM - 12:00 NN and 1:00 PM to 3:00 PM.

No orders can be modified or cancelled during the Pre-open, No Cancellation Period (9:15 AM - 9:30 AM) and Pre-close, No Cancellation Period (2:45 PM - 2:50 PM)

Go to Trading > Single Order. You can modify/cancel all pending orders in the Pending Order Box by right-clicking the specific order. Note that you must input the appropriate stock symbol in order for the pending orders for that stock to appear.

Alternatively, you can also cancel pending orders by going to Trading > Order Book or Order History by right-clicking the specific order and then click Cancel Order.

Yes, all stocks you have bought are reflected in your portfolio and are ready for sale anytime.

Yes, the proceeds of your selling transaction are automatically reflected in your cash position. Thus, you may use this to buy another stock on the same day, provided that, your total cash position is sufficient to buy the stocks.

Yes, you may use the proceeds of a stock sale to purchase another stock immediately right after the sale transaction has been fully/partially filled. If you wish to withdraw the proceeds from a stock sale, you must wait for 3 working days for the clearing and settlement process to withdraw the funds.

In the Single Order Entry window (Trading > Single Order), you can use the following:

Key Shortcut
/ Buy
- Sell
Arrow up One Fluctuation up
Arrow down One Fluctuation down
K Multiply your order quantity by 1,000 in the Single Order Entry
M Multiply your order quantity by 1,000,000 in the Single Order Entry
F1 Move one screen to the left
F2 Move one screen to the right

You will receive confirmation receipts for all done transactions for the day in your registered email. If you wish to view historical transactions, you may email us at helpdesk@itrade.ph to request for your account ledger.

You can check your positions and cash balance by clicking Trading > select Portfolio.

You can register iTradePro on up to 2 laptops/computers. Note however that the two computers cannot be logged-on to the account at the same time. If you wish to register a new computer, send an e-mail to helpdesk@itrade.ph to request.

Yes, you may send your orders via your DMSI-registered email to damarketsecurities@gmail.com or phone message or call our trading desk at +632 88919143, +632 88919144, or +63 917 863 3169, and our in-house broker-dealers can execute your orders on your behalf. Please ensure acknowledgement of you order. There are no additional charges for broker-assisted trades.

You will receive announcements via e-mail email and/or phone message every time there is an IPO/FOO. You may reply to that email with the preferred number of shares you wish to reserve.

Please note that order reservations are not guaranteed for full or partial allocation since we allocate shares based on trading volume. In case of oversubscription, shares will be raffled off.

The payment for allocated shares will be debited from your trading account. In case of insufficient cash balance, you will be informed to deposit an additional fund to cover the allocation and participate. Failure to deposit the payment within the indicated deadline will result to forfeited shares.

Know more about the Philippine Stock Exchange (PSE) Trading Rules and the Regulatory Framework

Buy Transaction Sell Transaction
Commission 0.25% on the gross value or a minimum commission of PHP 20.00 Commission 0.25% on the gross value or a minimum commission of PHP 20.00
Value Added Tax 12% is levied on the commission charge Value Added Tax 12% is levied on the commission charge
PSE fee 0.005% on the gross value PSE fee 0.005% on the gross value
SCCP fee 0.01% on the gross value SCCP fee 0.01% on the gross value
Sales Tax 0.60% on the gross value
Note: A PDTC Depository Maintenance Fee of PHP 0.00000833 for every Peso market value of your holdings as of month end will also be debited from your account monthly.

For both Online and Broker assisted Accounts, there are corresponding monthly minimum trade values and fees.

iTRADE Pro Broker-Assisted
Minimum Value trade for the month PHP200,000.00 PHP100,000.00
Fee for no trade for the month PHP500.00 PHP200.00
Fee for less the minimum value trade for the month P500.00 less the Value Traded x 0.25% P200.00 less the Value Traded x 0.50%

These fees are applied to custody and system maintenance costs incurred. Management reserves to transfer an online account into a broker-assisted account with a minimum commission fee of PHP 200.00 per transaction and a monthly maintenance fee of P200.00.

Yes. To find out more about our margin facilities Contact us at (02) 8887 6407 or (02) 8834 7765 or 63 917 863 3119

Please fill out and sign a Fund Withdrawal Form

and send an email to helpdesk@itrade.ph with a subject: FUND WITHDRAWAL REQUEST.

Once your request has been processed, you will receive an email confirming your withdrawal. Cut-off time for withdrawal requests is 2:00 PM. Funds can be deposited in your bank account or paid in check for pick-up.

Note that you may withdraw the proceeds of a stock sale in three days (T+3) after a stock is sold. Meanwhile, an unused cash balance longer than 3 days in your portfolio can be withdrawn anytime, with a one-day notice in case of check preparation.

Yes, you may submit the following requirements to DA Market Securities, Inc Office at Unit 1105 11th Floor, PSE Tower, 28th Street Corner 5th Avenue, Fort Bonifacio, Global City, Taguig 1634, Metro Manila:
  • Duly accomplished Stock Certificate Upliftment Form
  • Photocopy of 2 valid and unexpired government-issued IDs
  • Originally signed specimen signature card per stock/company
  • An Upliftment fee PhP150.00 will be charged per certificate if facilitating transfer office is a bank or P168.00 per certificate if facilitating through a non-bank transfer office. Kindly make your payment to DA Market Securities, Inc. Alternatively, the fees can also be charged to your account provided it has enough available cash balance.
    • Note: The upliftment process may take a month to be completed, depending on the related transfer office. In some instances, personal appearance might be required by the transfer office. Once ready, the stock certificate/s will be delivered to your registered mailing address unless specified otherwise.

Yes, please submit a duly-accomplished Certification Request Form and send an email to helpdesk@itrade.ph with a subject: CERTIFICATION REQUEST.

You have an option to have the certification picked-up at our office, or delivered through mail or e-mail. Certification Fee is Php100.00

Your cash dividends or selling proceeds will automatically be credited to your account. You will receive a credit memo to indicate the credit of the cash dividend. The credit of dividends will also be reflected on your Stock Trading Statement of Account (SOA) issued monthly.

Yes, stock certificates can be deposited or “lodged” into your account as long as the name appearing on the stock certificate is the same as the DMSI account name.
  • You may submit the duly endorsed stock certificates to our office Unit 1105, PSE Tower, 5th Ave. Cor. 28th St. Bonifacio Global City, Taguig City, Philippines, 1634.
  • The certificates will then be submitted to the Transfer Agent for clearing then passed on to the Philippine Depository & Trust Corp (PDTC) for custody, which can take between a week to several weeks depending on the speed of the clearing process of these two organizations and if there are no discrepancies with the requirements.
  • The Transfer Agent may also request for original signature cards and IDs to be submitted for verification purposes (signature cards are available from DMSI).

If you are an existing client of DMSI, you can transfer your stockholdings to DMSI by giving your other stockbroker a written transfer instruction to do so, a copy of which must be furnished to DMSI.

If your stockholdings are in street name and lodged with the PDTC, the transfer will be done electronically. Electronic transfer can take one or two working days and would entail a cost to the customer of Php 75.00 per stock (regardless of number of shares) will be charged by the issuing broker and by the receiving broker. This can be charged to your DMSI account provided it has enough available cash balance.

To transfer your stockholdings from DMSI to another broker electronically, please download and fill-up the Request for Stock Transfer form from our website and send the original copy to our office Unit 1105, PSE Tower, 5th Ave. Cor. 28th St. Bonifacio Global City, Taguig City, Philippines,1634.

Electronic transfers are accomplished in one to two working days. A transfer fee of P75.00 per stock (regardless of number of shares) will be charged by the issuing broker and by the receiving broker. This can be charged to your DMSI account provided it has enough available cash balance.

You can use any Windows 7 & up desktop or laptop.

If you’re using an Apple laptop/computer, you will need Windows OS installer software.

There are several options, you may choose between Parallels or VMWare Fusion

Computers equipped with at least i3 processor. For optimum performance, i5 processor or higher is recommended.

An internet connection of at least 1 mbps is enough to run iTradePro

Download iTrade Pro (link should auto-download the .exe file)

You will need to have microsoft.NET and Microsoft Visual C++ 2010 Redistributable Package x86 installed on your computer.

Error 1: MSVCP100.dll

Fix: Uninstall all Microsoft C++ packages in Control Panel > Programs and Features, then Download Microsoft Visual C++ 2010 Redistributable Package x86

Error 2: iTradePro has stopped working

Fix: Uninstall all Microsoft C++ packages in Control Panel > Programs and Features, then Download Microsoft Visual C++ 2010 Redistributable Package x86

Error 3: .NET Framework

Download microsoft.NET.

Error 4: Unauthorized Access: Please contact customer service

Fix: This means that you have already exceeded the 2-device access limit for your account. If you wish to use a new laptop/computer, please send an account reset request to helpdesk@itraade.ph at least one day before to register a new laptop/computer.

Problem 5: Unable to connect to server

Fix: Restart your internet and/or disable anti-virus software such as Windows Defender or the BitDefender.

Problem 6: Please check your internet connection

Fix: Restart your internet and/or disable anti-virus software such as Windows Defender or the BitDefender.

Error 7: Run as admin

Fix: Log-in as admin on your computer. Go to the file's folder (usually Downloads). Right click on the iTradePro.exe file and click "Run as Admin".