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Forex Brokers in Philippines


Recognizing the best forex brokers is not just a matter of making sure of its security and basic trading features. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.

The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.

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Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

  • Regulated as offshore brokers.
  • Provides deposits and withdrawals via local banks or any other payment methods.
  • Supports Philippines Peso (PHP) as account currency.
  • Supports the Filipino language (Tagalog) in the official website, mobile app, and customer support.
  • Allows bonus promotions for Filipino traders.

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The official languages of the Philippines are Filipino (based on Tagalog) and English. Filipino serves as the national language, while English is used for official and business purposes. 

It would be great if your chosen broker supports the Filipino language, besides English. This way, Philippine traders can use services in their national language. It would be much better if not only the broker's website but also its customer service and mobile app supported the local language.

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It's 100% legal to trade forex in the country if the broker is authorized by the local Securities and Exchange Commission (SEC). The SEC oversees forex trading to ensure that it is conducted in a fair and transparent manner. So, there's no prohibition law for forex trading in the Philippines.

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Offshore brokers accept clients from any country without limitations. Therefore, they become an ideal option for Philippines traders who want to trade forex in their country. In terms of legality, offshore brokers typically have regulations from entities like:

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