5 Best Forex Brokers in the Philippines for 2026
Updated: Oct 26, 2026
✓ Fact Checked
What changed in this update
We tested over 80 brokers this year and shortlisted the platforms that offer the safest and most practical experience for traders in the Philippines. Since local regulations do not permit onshore forex trading, we have focused only on internationally licensed brokers supervised by trusted global regulators.
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Every review and score on our site comes from independent, hands-on testing, and no broker can pay to change a score or a verdict. Brokers pay to appear on our site. That can affect which brokers we feature and where. How we make moneyWhy you can trust this list
2011
Reviewing brokers since70+
Brokers tested250
Variables per review9
Scoring categories- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
We also checked for low trading fees, PHP deposit and withdrawal options, and strong order execution supported by deep liquidity. On top of that, we looked for brokers that offer localized services—such as websites, platforms, and customer support available in Filipino or tailored specifically for Philippine users.
We tested each broker hands-on, using our proprietary scorecard with hundreds of points, to ensure a smooth, reliable, and well-supported trading experience for Filipino traders.
List of Top Forex Brokers and Trading Platforms in the Philippines
Multi-regulated in different jurisdictions. Diverse account types. Intuitive proprietary platform. Member of the Compensation Fund. Local payment methods. Social trading.
DMA Trading. Ultra-fast order execution. Extensive range of markets. IG web and mobile, MT4, ProRealTime, TradingView, and L2 Dealer platforms. Competitive spreads.
2100+ tradable instruments. Ultra-fast execution speeds of around 12 milliseconds. FxPro web platform and mobile app. MT4, MT5, cTrader. VPS hosting.
Very low trading fees. Broad range of research and educational content. Access to deep liquidity. Plenty of platforms. VPS hosting.
1250+ instruments to trade with. Multiple tools for automated trading. Broad range of educational content. Options trading. Islamic accounts.*
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 Exness | 4.6 | 4.6 | $10 | 1:2000 (FSCM) 1:100 (JSC) · 1:1000 (BVI FSC) · 1:400 (CMA) · 1:2000 (FSCA) · 1:2000 (FSA) · 1:30 (CySEC) · 1:2000 (CBCS) · 1:30 (FCA) | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. |
 IG | 4.7 | 3.8 | $50 | 1:30 (FCA) 1:25 (JFSA) · 1:30 (FSCA) · 1:30 (ASIC) · 1:30 (FINMA) · 1:30 (DFSA) · 1:20 (MAS) · 1:50 (CFTC) · 1:50 (NFA) · 1:200 (BMA) · 1:30 (BaFin) · 1:20 (MAS) | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money |
 FxPro | 4.4 | 3.6 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
 IC | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:400 (CMA) · 1:200 (SCB) · 1:5000 (FSA) · 1:30 (CySEC) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
 AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:400 (ADGM) · 1:30 (ASIC) · 1:200 (BVI FSC) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) · 1:30 (CBI) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
How Did FXEmpire Choose the Best Forex Brokers in the Philippines?
- Strong international licensing. Since Forex trading is prohibited by the local regulator, we only considered brokers with international licensing that are regulated by trusted regulatory bodies. This is essential for ensuring that the broker complies with all essential safety policies.
- Low trading fees. We were looking for brokers that offer commission-free trading and low floating spreads, accommodating various trading strategies.
- Deposits and withdrawals in PHP. With the general user experience of traders in the Philippines in mind, we only selected brokers that accept deposits and withdrawals in Philippine peso (PHP).
- Trading software. Only brokers with the most versatile platforms and practical supporting tools were selected to ensure that traders are given everything they need to examine price action behavior from multiple angles.
- Range of trading instruments. As a general rule, ‘the more, the better’ adage holds true when it comes to the number of tradable instruments. That is why we handpicked brokers that afford access to a wide and diverse range of markets.
- Local customer support. In selecting our picks for each category, we were looking for brokers with global reach of customer support. We consider timely and easily accessible customer support essential for traders, wherever they may be located.
- Quality of order execution. To ensure precise order execution, we selected brokers that have access to deep liquidity negating the risk of negative slippage.
- Accounts. Only brokers that provide a broad range of diverse account types were selected to make sure they cater to traders with different means and goals.
- Supporting content. Last but not least, we were looking for brokers who provide varied educational and research materials, such as webinars, videos, trading ideas, and more.
Now let’s turn to our picks for each category.
Best Overall
4.6
General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.
- $10Min Deposit
- 293Tradable Instruments
- LowFees
Why We Picked It
The Cyprus-based broker was founded in 2008 and has since expanded its operations globally. With its fast execution speeds, range of user-friendly platforms, and multilayered protections, I found Exness to be a well-rounded broker suitable for all kinds of traders. Its international entity is regulated by the Financial Services Authority (FSA) of SA.
Regional Features:
- Entity for Traders from the Philippines: Exness (SC) Ltd
- Regulator: FSA (Seychelles), License No. SD025
- Regional Instruments: 4 indices
- Accepts payments in: PHP via GCash
I tested Exness’ Standard account, which affords commission-free trading and floating spreads starting from 0.3 pips. As well as being well below the industry average, I consider this pricing mechanism to be suitable for both high-frequency and high-volume trading. Low spreads are a major determinant of success for precision trading, where tight entries and exits could mean the difference between profit and loss.
In addition to the renowned MetaTrader 4&5, traders can also try out the Exness Terminal. The broker’s proprietary platform comprises over 100 technical indicators and drawing tools, which is twice as much as what is available on MetaTrader. What I quite liked about the terminal is that it gives you the freedom to scale price action up and down with ease.
And with no cap on the maximum leverage permitted, Exness leaves it up to you to make the most out of its services and succeed on the market.
Pros and Cons
Pros
- Very low general fees.
- 24/7 customer support.
- Offers VPS hosting.
- Diverse account types.
Cons
- The Exness portal lacks some essential order types.
Best for Professional Traders
4.7
70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
- $50Min Deposit
- 19234Tradable Instruments
- MediumFees
Why We Picked It
IG provides the type of professional-grade service that all experienced traders require. Founded in 1976, IG is a global leader in the online trading industry. It offers its clients access to over 17,000 markets, competitive trading fees, a choice of trading platforms and tools, and much more. IG is also a member of the FTSE200, attesting to its stability and trustworthiness.
Regional Features:
- Entity for Traders from the Philippines: IG International Limited, regulated by the BMA (Bermuda)
- Maximum Leverage: 1:200
- Platforms: IG Web, IG Mobile, MT4, TradingView, ProRealTime, L2 Dealer
- Payment Methods: Bank wire, international bank transfer, credit/debit card
- Bonuses and promotions: $150 welcome rebate
- Additional Features: Weekend trading – gold, forex, indices and cryptos
IG is one of the few brokers that provides FIX API solutions for Direct Market Access (DMA), allowing professional traders to obtain raw spreads directly from exchange order books. IG also offers weekend trading, advanced instruments like options, futures, and treasuries, along with fast order execution and very favorable trading fees.
Professionals will appreciate the sophistication of IG’s platform, which offers over 60 analytical tools and chart configurations. It also features a built-in news screener powered by Thomson Reuters to update users on the latest market developments. Additionally, IG’s trading station integrates advanced market analysis from Autochartist.
Pros and Cons
Pros
- FIX APIs for DMA
- Advanced charting
- 17,000+ markets
- Competitive spreads
Cons
- No localized website version
Best Order Execution
4.4
73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK)
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
FxPro is a leader in the global trading industry thanks to its superior execution performance and versatile trading platforms. The London-based broker was established in 1999 and offers more than 2100 tradable instruments across different markets.
Regional Features:
- Entity for Traders from the Philippines: FxPro Global Markets Limited
- Regulator: The Securities Commission of the Bahamas (SCB)
- Accepts payments in: PHP via international bank transfer, credit/debit cards, PayPal, and others
I was impressed by FxPro’s ultra-fast order execution speed, averaging 12 milliseconds. For comparison, we consider the industry average to be around 60 milliseconds. Filipino traders may also appreciate FxPro’s access to deep liquidity. The broker reports that 84% of client orders are filled at the requested price or even better.
FxPro takes things to the next level by providing Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. The service is powered by BeeksFX, a global leader in VPS infrastructure, and is available for free to FxPro Premium accounts.
I conducted my testing on an FxPro Raw account, featuring a $7 round-turn commission per traded lot (100,000 units) and raw spreads from 0.0 pips. I found the pricing mechanism better-suited for high-volume trading. The minimum deposit required is $100.
High-precision traders can choose between flagship FxPro Trading platform, the renowned MT4 and MT5, and advanced cTrader. I tested FxPro’s platfotm and found it suitable for carrying out in-depth technical analyses thanks to its advanced charting capabilities. The platform also features 60+ technical indicators, drawing tools, and other chart configurations.
Pros and Cons
Pros
- Ultra-fast execution speeds
- Access to deep liquidity
- Wide choice of trading platforms
- 2100 tradable instruments
Cons
- Varied trading fees
Best for Beginners
4.8
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
All beginners want to know what trading is and how they can make money from it. But what they truly need before they can become consistently successful is reliability. They need a reliable broker with whom they can learn, grow, and navigate the often turbulent market – a well-balanced broker such as IC Markets.
Regional Features:
- Entity for Traders from the Philippines: Raw Trading Ltd
- Regulator: FSA (Seychelles), License Number SD018
- Regional Instruments: 21 shares, 5 indices
- Accepts payments in: PHP via Bank Wire
IC Markets was founded in 2007 and is headquartered in Australia. I was most impressed by its ultra-fast order execution in under 40ms, 24/7 customer support, and a broad range of educational materials. Beginners can learn about everything from technical and fundamental analysis to the psychology of trading. In my personal experience, mastering the right mentality is the most difficult aspect of the learning curve, which is why I appreciated IC Markets for its strong emphasis on this aspect.
IC Markets’ standard account offers commission-free trading and floating spreads starting from 0.6 pips. Traders can choose from the industry-standard MetaTrader 4&5 and the advanced cTrader platforms. I personally prefer the latter as it affords greater flexibility when it comes to studying price action behavior.
Pros and Cons
Pros
- Very competitive pricing.
- Diverse account types.
- 24/7 customer support.
- Probing educational and research materials.
Cons
- Limited availability of the mobile app.
Best Trading Platform
4.5
Trading CFDs and FX Options entail risk and could result in the loss of your capital.
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
Since its foundation in 2006, AvaTrade has quickly become a well-known and trusted broker by traders globally. In addition to its 1200+ CFDs, AvaTrade also offers a range of vanilla options. In my experience, being able to diversify your trading with different instruments, whether it be CFDs, futures, options, or others, is a great way to manage your trading risk. And Ava should be praised for affording this freedom.
Regional Features:
- Entity for Traders from the Philippines: Ava Trade Markets Ltd
- Regulator: FSC of British Virgin Islands, Licensing Number SIBA/L/13/1049
- Regional Instruments: 5 indices
- Accepts payments in: PHP via Bank Wire
AvaTrade incorporates the renowned MetaTrader 4&5, and it also has its proprietary Web Trader platform. The latter affords a more intricate insight into price action behavior with its versatile charts that support nearly 100 technical indicators and drawing tools. I personally appreciated the ease with which the platform affords scaling price action up and down.
AvaTrade also incorporates leading third-party tools, such as DupliTrade, Capitalise.ai, and Trading Central. This assortment of third-party tools is great as it affords traders a different perspective on current market developments.
With regards to fees, AvaTrade’s spreads on FX pairs and commodities are competitive, but its spreads on indices and CFD shares exceed the industry average.
Pros and Cons
Pros
- Multiple instruments from different markets.
- Options trading available.
- Broad range of platforms.
- Leading third-party tools.
Cons
- The entity has no compensation scheme.
All Brokers That Accept Clients from Philippines
Every broker we reviewed that accepts Philippines residents, ranked by FXEmpire score. The regulator and leverage are those of the entity that opens accounts for clients from Philippines.
| Broker | Entity for Philippines | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
Raw Trading Ltd FSA Seychelles | 1:5000 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG International Limited BMA Bermuda | 1:200 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Pepperstone Markets Limited SCB Bahamas | 1:200 | 4.7 | 4.4 | $0 | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. | |
Exness (SC) Ltd FSA Seychelles | - | 4.6 | 4.6 | $10 | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. | |
First Prudential Markets Limited FSA Seychelles | 1:500 | 4.6 | 4.1 | $0 | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. | |
Moneta Markets Ltd FSA Seychelles | 1:500 | 4.6 | 4.5 | $50 | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Ava Trade Markets Ltd BVI FSC Virgin Islands, British | 1:200 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
Capital Com Online Investments Ltd SCB Bahamas | 1:200 | 4.5 | 4.1 | $20 | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
GAIN Global Markets Inc. CIMA Cayman Islands | 1:250 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:500 | 4.5 | 4.4 | $0 | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MEX Atlantic Corporation CIMA Cayman Islands | 1:1000 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB International Limited IFSC Belize | 1:500 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
FxPro Global Markets Ltd SCB Bahamas | 1:200 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco (BVI) Limited BVI FSC Virgin Islands, British | 1:2000 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
Tickmill Ltd FSA Seychelles | 1:1000 | 4.4 | 4.0 | $100 | MT5, MT4, Tickmill Trader | Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
XM (SC) Limited FSA Seychelles | 1:1000 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
AT Global Markets Intl Ltd FSCM Mauritius | 1:500 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Just Global Markets Ltd FSA Seychelles | 1:3000 | 4.3 | 4.4 | $10 | MT5, MT4, JustMarkets App | Your capital is at risk. | |
Royal CM Limited VFSC Vanuatu | 1:1000 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
YWO (CM) Ltd MISA Comoros | 1:1000 | 4.3 | 4.4 | $10 | MT5 | Trading our products involves margin trading and carries a high level of risk, including the potential loss of your entire capital. These products may not be suitable for all investors. You should fully understand the risks involved before trading. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Errante Securities (Seychelles) Ltd FSA Seychelles | 1:1000 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Central Clearing Ltd MISA Comoros | 1:1000 | 4.2 | 4.4 | $0 | MT4, MT5 | Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
Formula Investment House Ltd BVI FSC Virgin Islands, British | 1:400 | 4.2 | 2.7 | $100 | iFOREX Platform | Not investment advice; Capital at Risk; T&C apply. | |
Mitrade International Ltd FSCM Mauritius | 1:200 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy International Ltd FSA Seychelles | 1:500 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
AMarkets LTD MISA Comoros | 1:3000 | 4.0 | 2.4 | $100 | MT5, MT4, AMarkets App | Your capital is at risk | |
Doto Global Ltd FSCM Mauritius | 1:500 | 4.0 | 3.4 | $15 | MT4, MT5, Doto Platform | Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. | |
Trade Set Go Ltd FSA Seychelles | 1:400 | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
Evalanch Ltd FSA Seychelles | - | 3.9 | 3.9 | $10 | MT5 | “Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | |
Versus Trade Ltd FSCM Mauritius | 1:2000 | 3.8 | 4.3 | $10 | MT5 | It is hereby warned that engagement in the trade of CFDs and/or other services are accompanied by considerable risk and the potential loss of funds and under no circumstances shall Versus Trade be held liable for such. Access to this website is made with clear understanding of the risks. No element present on this website shall be interpreted as investment advice or invitation to engage in services. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from the Philippines. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other Asian Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
Not from the Philippines? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
What you trade
Platforms
How you trade
All the Brokers We Tested
See a list of all the brokers we tested and considered for this guide
4XC
3.9
ActivTrades
4.3
ADSS
4.3
AMarkets
4.0
Anzo Capital
3.6
ATFX
4.3
AvaTrade
4.5
Bullwaves
3.6
Capital.com
4.5
DB Investing
4.2
Deriv
4.4
DLSM
3.7
Doto
4.0
DuraMarkets
3.2
Elev8
4.2
Errante
4.2
eToro
4.2
eToro US
4.3
Exness
4.6
FISG
4.1
FP Markets
4.6
FP Trading
4.2
FXCC
4.2
FxPro
4.4
FXT
4.2
FXTM
4.1
Hantec
4.5
Headway
4.1
IC
4.8
iFOREX
4.2
IG
4.7
IronFX
4.4
IUX
4.3
JustMarkets
4.3
Libertex
4.3
LiteForex
3.9
Mitrade
4.2
OANDA
4.4
OANDA US
4.3
OneRoyal
4.3
Pepperstone
4.7
Plus500
4.3
Plus500 US
4.5
PrimeXBT
4.3
PU Prime
4.3
Rock-West
3.9
Spreadex
4.5
STARTRADER
4.5
Swissquote
4.3
tastyfx
4.4
Taurex
4.3
TenTrade
3.9
Tickmill
4.4
TIOmarkets
4.1
TMGM
4.4
Trade Set Go
4.0
TradeSmart
3.3
Trading 212
4.2
Trading.com
4.3
Vantage
4.6
Versus Trade
3.8
VT Markets
4.5
XM Group
4.4
XTB
4.5
YWO
4.3
Update History
Oct 26, 2026 · Ola Alder
We removed FP Markets from the list.
Oct 21, 2026 · Ola Alder
We added links to our forex broker guides for other countries.
Sep 10, 2026 · Dan Blystone
We moved the page to our new template, adding a summary card, a compare table of all listed brokers, a list of every broker we tested, and this update history.
Sep 2, 2026 · Jitan Solanki
We removed the FAQ and "How to Choose a Forex Broker in the Philippines?" sections.
Jun 11, 2025 · Jitan Solanki
We added FxPro to the list and removed the "Our Methodology" section.
Oct 10, 2024 · Jitan Solanki
We added IG to the list.
Sep 12, 2024 · Jitan Solanki
We removed Octa from the list.
Mar 7, 2024 · Jitan Solanki
We removed FXTM from the list.
We change this page's date only for a material change, logged here. Typo fixes never change the date.
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About the Authors
Plamen StoyanovBroker Analyst
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Amy JonesFinance Editor
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva GurevichSenior Content Editor
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
Table of Contents
- List of Top Forex Brokers and Trading Platforms in the Philippines
- How Did FXEmpire Choose the Best Forex Brokers in the Philippines?
- Best Overall
- Best for Professional Traders
- Best Order Execution
- Best for Beginners
- Best Trading Platform
- Best Forex Brokers in Other Asian Countries
- Where to go next
- All the Brokers We Tested
- Update History