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Business

DragonFi drops P20 minimum commission fee

Richmond Mercurio - The Philippine Star

MANILA, Philippines — DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., is removing the P20 minimum commission fee across all transactions effective today.

Sia said DragonFi’s fee structure will be based purely on a minimal rate of 25 basis points (0.25 percent), regardless of the transaction value.

“This adjustment means lower costs for you, making it easier to invest more frequently and in smaller amounts, aligning with our philosophy that every peso counts toward building your financial future,” he said.

Sia said eliminating the P20 minimum commission fee aims to encourage more Filipinos to begin and continue their investment journey.

By lowering the barriers to entry, he said DragonFi seeks to foster a culture of investment and financial independence across the country.

“Every additional percentage point of return can significantly impact your financial growth over time,” Sia said.

“At DragonFi, our mission has always been to make investing easy and accessible and to ensure that every Filipino can build their wealth through investing, regardless of the size of their transactions,” he said.

As a financial institution, DragonFi offers innovative and user-friendly trading and investment solutions.

Leveraging technology to empower investors, the company is committed to enhance the investing experience for Filipinos, promote financial literacy and foster a culture of investment in the country.

Last April, DragonFi introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible for all Filipinos.

The company sees DragonFi 2.0 becoming the investment super app of the Philippines.

The mobile app allows users to manage a diverse portfolio ranging from Philippine stocks to global funds through a single and intuitive platform.

It includes a pioneering feature that connects users with leading financial literacy creators, providing content that demystifies investing and personal finance.

The new DragonFi app also promises to help users become a more informed investor with news, disclosures andtechnical data.

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