Philippines Brokers for 2024

We found 11 online brokers that are appropriate for Trading Philippine Platforms.

Philippines Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - April 26, 2024

Philippines Brokers

For traders in the Philippines, finding the best brokers for trading financial markets includes finding regulated and authorized brokers that offer low fees, a wide range of tradable instruments available in the Philippines like Forex, stocks, commodities, CFD trading, indices trading, and cryptocurrency trading. A good range of funding and withdrawal options with your Philippine broker as well as fast customer service is crucial. From low trading fees to robust educational tools, the choices abound. I delve into the intricacies of brokerage services in the Philippines, exploring what sets the best brokers apart and how they cater to the diverse needs of forex traders and stock investors.

Over the past five years, the allure of trading in the global financial markets has significantly surged among a new class of young, tech-savvy Filipinos, driven by a confluence of transformative factors. Firstly, the digital revolution has democratized access to global financial platforms, erasing geographical boundaries and enabling real-time trading with just a few clicks. This technological leap has empowered many Filipinos, particularly the tech-savvy younger generation, to engage in trading activities previously deemed exclusive to professionals in financial hubs.

Moreover, the economic landscape of the Philippines has been marked by robust growth and an increasing appetite for diversification. As local investors seek to hedge against domestic market volatility and inflation, the global markets offer a vast arena with a multitude of instruments - from equities and forex to commodities and cryptocurrencies - providing both opportunities for substantial returns and risk management through diversification.

Best Philippines Brokers: Your Guide To Reliable Investment Platforms

The best Philippines brokers include IC Markets, eToro, XTB, RoboForex, and XM.

Here are the top 5 best Philippines brokers:

IC Markets

IC Markets Screenshot

IC Markets is a prime choice for Filipino traders interested in live global financial markets, offering narrow spreads and swift order execution ideal for scalping or day trading. With a comprehensive selection of trading instruments including Forex, commodities, indices, and cryptocurrencies, it caters to diverse trading interests. The platform's regulatory backing by ASIC and CySEC ensures a trustworthy and compliant trading environment. Designed for the experienced trader, IC Markets provides fast execution, advanced trading tools like MT4, MT5, and cTrader, favorable leverage options, and efficient funding and withdrawal processes, making it well-suited for trading from the Philippines.

eToro

eToro Screenshot

eToro stands out for Filipino traders with its innovative mix of social trading features and traditional brokerage services. The platform's CopyTrading feature allows traders in the Philippines to leverage the strategies of successful traders, enhancing their trading strategies. With a vibrant community of over 30 million users, eToro offers a wealth of insights and learning opportunities. It's user-friendly and regulated by reputable authorities like CySEC and the FCA, making it a secure option for engaging in live global financial markets from the Philippines.

RoboForex

Roboforex Screenshot

RoboForex is a fitting platform for more experienced Filipino traders seeking advanced trading features and a variety of high-leverage instruments. Its compatibility with MT4 and MT5 across different devices, user-friendly interface, and quick execution times make it an excellent choice for traders aiming to swiftly capitalize on the global markets. The platform's wide range of instruments and leverage options caters well to Filipino traders with a higher risk appetite, looking to diversify and optimize their trading strategies.

XTB

XTB Screenshot

XTB offers Filipino traders a robust platform that goes beyond just trading, focusing also on educating traders with extensive resources and market insights. It's an excellent choice for those who value in-depth analysis and continual learning in trading. The regulatory oversight by the FCA and CySEC ensures a secure and reliable trading environment, crucial for engaging in the global financial markets from the Philippines. XTB's commitment to trader education and security makes it a preferred platform for Filipino traders dedicated to enhancing their market knowledge and trading skills.

XM

XM Screenshot

XM is well-regarded among Filipino traders for its exceptional customer support and a broad spectrum of trading options, making it an ideal platform for trading on live global financial markets from the Philippines. The regulatory oversight from ASIC, CySEC, and IFSC guarantees a secure and reliable trading environment, which is paramount for Filipino traders. Whether you're a novice or an experienced trader, XM's supportive environment and diverse offerings provide a solid foundation for trading success in the global financial markets.

These brokerage firms offer a range of services and features to cater to the diverse needs of investors in the Philippines. They provide access to both local and international markets with varying levels of support and expertise.

What Rules Do Brokers In The Philippines Have To Follow According To The Securities And Exchange Commission?

Brokers in the Philippines operate under the regulations set forth by the Securities and Exchange Commission (SEC). To operate legally within the country, they must adhere to several fundamental rules. One essential rule involves licensing and authorization. This ensures brokers meet specific standards and requirements set by the SEC before they can offer their services.

Another crucial aspect is client protection. Brokers are obligated to uphold their clients' rights and interests by providing transparent information about risks, fees, and trading conditions. This includes segregating client funds from the broker's own assets to ensure client money is always protected.

Furthermore, brokers must comply with reporting and compliance standards by regularly reporting to the SEC. This includes adhering to financial reporting, disclosing conflicts of interest, and maintaining adequate capital reserves. Additionally, robust anti-money laundering (AML) and know your customer (KYC) policies are essential to prevent illicit activities such as money laundering and terrorist financing.

Market integrity is also a significant consideration. Brokers must contribute to maintaining fair and orderly markets by avoiding fraudulent or manipulative practices that could harm market integrity.

How Do Online Brokers In The Philippines Provide Trading Platforms?

Philippine broker trading platforms

Online brokers in the Philippines offer various trading platforms to cater to the needs of different traders, including in-house platforms developed specifically for their clients. These in-house platforms may offer advanced features like advanced charting tools, algorithmic trading capabilities, and seamless integration with other services provided by the broker.

Moreover, many online brokers in the Philippines offer third-party trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). These platforms are popular among traders worldwide due to their user-friendly interfaces, extensive charting tools, and support for automated trading strategies. To enhance accessibility, online brokers also provide web-based platforms for trading directly through a web browser, and mobile trading apps for smartphones and tablets, enabling traders to manage their positions on the go.

Online brokers often offer demo accounts on their trading platforms, allowing users to practice trading with virtual funds before risking real money. This feature helps new traders familiarize themselves with the platform's functionality and practice their strategies in a risk-free environment. Additionally, some online brokers provide educational resources and tutorials to help traders maximize their use of trading platforms. These resources may include video tutorials, articles, webinars, and interactive guides.

What's The Minimum Amount Needed To Open A Trading Account With Forex Brokers In The Philippines?

The minimum deposit requirement to open a trading account with forex brokers in the Philippines varies depending on the broker and the type of account. For standard accounts, the minimum deposit typically ranges from $100 to $500. These accounts offer basic trading features and potentially higher spreads, but they come with lower minimum deposits.

In contrast, electronic communication network (ECN) or straight through processing (STP) accounts usually require higher minimum deposits, ranging from $500 to $2,000. These accounts provide tighter spreads and direct market access, making them suitable for experienced traders.

Some brokers offer VIP or premium accounts with additional benefits such as lower spreads, personalized support like dedicated account managers, and priority withdrawal processing. The minimum deposit for these accounts can range from $5,000 to $50,000 or more, depending on the broker's offerings.

Micro accounts with lower minimum deposit requirements may also be available for beginners or traders in the Philippines with limited capital. These micro accounts typically require deposits as low as $10 to $100, allowing traders to start with smaller amounts of capital.

Lastly, the minimum deposit requirement may also vary based on the account currency chosen by the trader. Brokers in the Philippines often accept deposits in various currencies, such as USD, EUR, or PHP, with corresponding minimum deposit requirements. This allows traders to choose the currency that best suits their needs and preferences.

How Do Fees And Trading Conditions Vary Among The Best Forex Brokers In The Philippines?

Fees and trading conditions among the best forex brokers in the Philippines can vary significantly, impacting traders' profitability and overall trading experience. One key aspect is the spread, which is the difference between a currency pair's buying (ask) and selling (bid) prices. Different brokers offer different spreads, with some providing fixed spreads and others offering variable spreads that may widen or narrow depending on market conditions. Additionally, some brokers charge a commission on trades in addition to the spread, while others provide commission-free trading. The commission structure can vary based on the trading volume, account type, and the broker's pricing model.

Another consideration is swap rates, also known as overnight financing fees or rollover rates, charged or credited to traders for holding positions open overnight. These rates can vary among brokers and depend on several factors, such as the currency pair traded and the direction of the trade.

Leverage is another factor that varies, as it allows traders to control larger positions with less capital, amplifying both profits and losses. Forex brokers in the Philippines may offer leverage of up to 1:500 or higher, which can significantly impact trading strategies and risk management.

The quality and features of the trading platforms provided by forex brokers can also influence trading conditions. Brokers offering advanced platforms with comprehensive charting tools, technical indicators, and advanced order types like trailing stops or take profit orders may attract traders who are willing to pay higher fees for enhanced functionality. Overall, these varying factors can shape the trading experience for traders in the Philippines and determine which brokers best suit their individual needs.

What Educational Resources Do Brokers Offer To New Traders In The Philippines?

Education resources for Philippines traders

Forex brokers in the Philippines recognize the importance of education in empowering traders to make informed decisions and succeed in the forex market. They offer a variety of educational resources to new traders, starting with trading guides and e-books that cover various aspects of forex trading. These guides and e-books delve into topics such as market analysis (including technical analysis and fundamental analysis), risk management, popular trading strategies like moving averages or breakout trading, and platform tutorials, providing comprehensive information to traders at different levels of expertise.

Additionally, many brokers offer video tutorials to cater to different learning styles. These tutorials cover a wide range of topics like technical analysis indicators, fundamental analysis using economic data, trading psychology to manage emotions, and platform navigation, offering traders a more engaging and visual approach to learning. Webinars and seminars conducted by experienced traders and market experts provide valuable insights and practical tips for traders of all levels. These interactive sessions often include Q&A opportunities, allowing participants to engage with the presenter and ask questions about specific challenges they might be facing.

Brokers also understand the value of hands-on experience. They provide demo accounts with virtual funds, giving new traders the chance to practice trading in a simulated environment without risking real money. This allows traders to familiarize themselves with the trading platform, test their strategies like the ones they learned about in the e-books, and build confidence before trading with real funds. Furthermore, brokers maintain blogs and educational sections on their websites, where they publish articles, market analysis, trading tips, and industry news. These resources offer valuable information and insights to help traders stay informed about current events and improve their trading skills over time.

How Does Copy Trading Work With Brokers In The Philippines?

eToro copy trading Philippines screenshot

Traders can copy the trades of successful investors through copy trading, also known as social trading or mirror trading. This process works seamlessly with brokers in the Philippines through platform integration. Brokers may provide dedicated copy trading platforms or integrate copy trading functionality directly into their existing trading platforms. These platforms empower traders to browse and select from a pool of successful traders to copy, making it easy to find and follow traders whose strategies align with their own investment goals and risk tolerance.

Once traders select a strategy to copy, they can view detailed performance metrics and trading history of potential mentors, such as win rate, average return, risk profile, and trading strategy breakdown. This information plays a crucial role in helping them choose which traders to copy. After making their selection, the copy trading platform replicates the chosen trader's trades in real time. This means that whenever the copied trader opens or closes a position, the same trades are automatically executed in the follower's account according to pre-set parameters. Copy trading platforms often include robust risk management tools that allow followers to set parameters such as maximum trade size, maximum drawdown, stop-loss levels, and even copy allocation percentage. This last feature allows users to allocate a specific portion of their capital to each copied trader, further customizing their risk exposure.

Transparency is a cornerstone of copy trading in the Philippines. Brokers are required to disclose the copied traders' performance statistics and detailed trading history. This transparency allows followers to objectively evaluate the performance of the traders they are considering and make informed decisions based on reliable data.

How Do Brokers Help With Currency Exchange For Forex Trading In The Philippines?

IC Markets Forex pairs available to Filipino traders

roboforex forex trading accounts screenshot

eToro currencies trading available in Philipines

Currency pairs brokers offer a wide range of currency pairs for trading, including principal, minor, and exotic pairs. This allows traders to exchange one currency for another directly through the broker's trading platform, providing them with numerous options for diversification and different trading opportunities.

Leverage is another key aspect provided by forex brokers in the Philippines, allowing traders to control larger positions with less capital. This enables traders to magnify their potential profits from currency exchange transactions and take advantage of market movements more effectively.

Brokers also provide access to the forex market, allowing traders to buy and sell currencies 24 hours a day, five days a week. This constant market access ensures liquidity and enables traders to execute trades quickly and efficiently. Moreover, brokers offer various order types, such as market orders, limit orders, and stop orders, which facilitate currency exchange transactions and give traders flexibility in executing their trading strategies and managing their positions effectively.

What Should Investors Look For When Picking A Stock Broker In The Philippines?

Regulation and security are essential when selecting a stock broker, so it is crucial to choose one regulated by the Securities and Exchange Commission of the Philippines (SEC). This ensures the safety of investments and compliance with relevant laws and regulations, offering investors peace of mind.

Investors should also evaluate the quality and reliability of the trading platforms offered by brokers, taking into account features such as usability, speed, and availability across different devices. The product offering is another important factor to consider, as investors should look for a broker that offers access to a diverse range of investment opportunities, including stocks, bonds, mutual funds, and other financial instruments.

Fees should be compared across different brokers, including commission rates, transaction fees, and other charges. It is advisable to choose brokers that offer competitive pricing and transparent fee structures to minimize trading costs and maximize returns.

How Do Brokers Ensure Secure Funds And Easy Withdrawals In The Philippines?

Brokers maintain segregated accounts, keeping client funds separate from their operational funds. This separation ensures that client money is protected in case of broker insolvency or bankruptcy. Additionally, secure payment methods are provided for depositing and withdrawing funds, such as bank transfers, credit/debit cards, and popular electronic payment systems in the Philippines like GCash or PayMaya. Brokers implement encryption and other security measures to safeguard financial transactions.

Fast withdrawals are another priority for brokers, as they strive to process withdrawal requests quickly and efficiently, typically within a few business days. By offering multiple withdrawal options and prioritizing customer service, brokers aim to provide clients with a smooth withdrawal experience.

Moreover, brokers adhere to regulatory compliance for client fund protection and withdrawals, including anti-money laundering (AML) and know-your-customer (KYC) procedures. This ensures that brokers meet the necessary legal and regulatory standards for handling client funds and transactions.

What Risks Come With Active Trading, And How Can Traders Manage Them With Brokers In The Philippines?

Market risk is inherent in active trading, as it involves exposure to market fluctuations and volatility, which can lead to significant losses. Traders should employ risk management strategies such as stop-loss orders and position sizing to mitigate market risk and protect their capital. In essence, stop-loss orders automatically exit a trade when the price reaches a certain level, limiting potential losses. Position sizing dictates how much capital is allocated to each trade, ensuring a diversified portfolio that isn't overly exposed to any single position.

In addition to market risk, leverage risk arises when trading with leverage, which greatly increases profit and in the same was trading loss (make sure you have negative balance protection so you only lose your funded amount you gave your Philippines brokerage). Therefore, traders should use leverage judiciously and consider its impact on their trading capital and risk tolerance. A conservative leverage approach is often recommended for beginners.

Execution risk is another concern, as there's a possibility of slippage and order execution delays, particularly during periods of high market volatility. Slippage occurs when the executed price differs slightly from the requested price. To minimize execution risk, traders should choose brokers with reliable and fast order execution capabilities, ensuring their trades are executed as efficiently as possible. Additionally, some brokers offer guaranteed fills for specific order types, further mitigating execution risk.

Psychological risk also plays a significant role in active trading. The fast-paced nature and potential for financial gain can be emotionally taxing and lead to impulsive decision-making and psychological biases. A common example is anchoring bias, where traders give too much weight to the initial price they see for an asset, potentially hindering their ability to adapt to changing market conditions. To manage psychological risk, traders should cultivate discipline, patience, and emotional resilience to maintain a rational and objective approach to trading. By doing so, they can navigate the challenges of the trading environment more effectively and make informed decisions based on analysis rather than emotions.

Philippines Brokers Verdict

The intersection of technological advancements, economic aspirations, educational empowerment, and cultural predispositions has propelled a remarkable surge in Filipinos participating in live trading within the global financial markets, transforming it from a niche activity into a mainstream financial pursuit. Philippine brokers play a vital role in facilitating these trading activities.

With their expertise and services, investors can navigate the complexities of financial markets with confidence. Choosing the right forex broker ensures access to reliable platforms, competitive pricing, and essential resources that contribute to successful trading endeavors.

The Philippines brokerage landscape offers a wealth of options for both forex traders and stock investors. Brokers strive to offer comprehensive services to meet their clients' needs, from facilitating bank transfers to providing demo accounts. Regardless of whether you're accessing the stock market or engaging in forex trading, choosing the right broker is critical. By considering factors such as low trading fees, educational tools, and regulatory compliance, traders can confidently make informed decisions and embark on their trading journey. In the ever-evolving world of forex and stock trading, the role of brokers remains pivotal. They serve as trusted partners for investors seeking to navigate the markets effectively.

We have conducted extensive research and analysis on over multiple data points on Philippines Brokers to present you with a comprehensive guide that can help you find the most suitable Philippines Brokers. Below we shortlist what we think are the best Philippine Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Philippines Brokers.

Reputable Philippines Brokers Checklist

Selecting a reliable and reputable online Philippine Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Philippine Trading Platforms more confidently.

Selecting the right online Philippine Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Philippine Trading Platforms in Our Brokerage Comparison Table

When choosing a broker for Philippine Trading Platforms trading, it's essential to compare the different options available to you. Our Philippine Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Philippine Trading Platforms broker that best suits your needs and preferences for Philippine Trading Platforms. Our Philippine Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Philippine Trading Platforms of 2024 compared

Here are the top Philippine Trading Platforms.

Compare Philippine Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Philippine Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Philippine Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Philippine Trading Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Philippine Trading Platforms that accept Philippine Trading Platforms clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 10,000+ 1,866,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
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roboforex
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etoro
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xtb
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xm
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pepperstone
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avatrade
Sign Up with
fpmarkets
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Philippine Trading Platforms in more detail

You can compare Philippine Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Philippine Trading Platforms for 2024 article further below. You can see it now by clicking here

We have listed top Philippine Trading Platforms below.

Philippines Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 100
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 76-85% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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Losses can exceed deposits
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Losses can exceed deposits