You should consider whether you can afford to take the high risk of losing your money. For your information, the SEC was formed in and is responsible for financial regulation in the Philippines ever since. You can find out more about this body, should you wish, on their website at www.

Among those in the know, it is held up as having one of the better trading platforms. It is intuitive to use and easy to navigate, two things you should always look out for in any forex or trading platform. So as far as IQ Option goes, the experience is one of the better ones out there for seamless and, quite frankly, elegant forex trading.

With form taken care of, how about the substance? Yes, there are no worries there either. No forex trading platform is going to appeal to every single trader out there. We are all different, with varying preferences, not to mention experience levels and forex trading objectives. To get around this one size fits all approach, you can instead open a demo account.

You get virtual money to play with in order to evaluate the platform personally. You can access all the same tools, and IQ Option features as a regular live account holder to get a feel for the platform with zero risks to your hard-earned cash. Founded in , IQ Option backs up their brilliant award-winning forex platform with responsive customer service and a plethora of learning and training resources to assist you on your forex trading journey.

With both a desktop and a mobile app, starting on that journey could not be easier as the whole package is compatible with an array of different devices and operating systems. This online forex broker comes with a history of being considered safe and trusted in the Philippines. Though relatively new compared to its rivals, Olymp Trade has done much to democratize forex trading.

From the outset, their emphasis has been on making the world of forex trading open and accessible to all. Many Filipinos have already done their personal due diligence on Olymp Trade and concluded it is a safe bet for their money.

Being authorized by the Financial Commission, this is not an unreasonable conclusion. The Olymp Trade platform is innovative and a breeze to navigate around. It is reasonably apparent from the outset that a lot of investment and resources have been applied to make the platform easy to use.

Likewise, significant time and energy have been spent developing its educational resources to underpin its claim to making forex trading open for all. They do an excellent job explaining what are often quite complex financial concepts in easy to understand language with the minimum of jargon. So plaudits are due to Olymp Trade for their efforts being tangible and practical rather than mere marketing hype. Like all forex brokerages, Olymp Trade allows newbies and those wishing to try the platform out first with a demo account.

Unlike some brokers that offer only a day demo account, the Olymp Trade demo is unlimited. Indeed if you are entirely new to forex trading, you will most assuredly appreciate having the extra time to try out the platform. This will give you the time and space required to practice and refine your forex trading strategies and get up to speed in a safe, risk-free environment. Even if you ultimately decide to go elsewhere, Olymp Trade is a great platform to learn on.

Switzerland is the banker to the world. Their reputation for financial wizardry spans hundreds of years. Step forward BDSwiss to take on the role of forex brokerage to the world. And BDSwiss is an excellent place to earn your forex trading chops.

However, despite their widely acknowledged expertise that has been recognized internationally by the forex industry and leads to multiple awards wins, BDSwiss is let down a little by their customer service. No doubt they are working to improve this. Still, it is worth bearing in mind, particularly if you are entirely new to forex trading.

That said, BDSwiss is an acknowledged world leader in the forex industry. They are a global online trading platform whose history stretches back to , making them one of the longest established forex players around. So you should have few reservations about trusting BDSwiss as a reliable forex brokerage. They offer account holders the ability to easily access the forex markets to trade on the price movements of more than 50 currency pairs from as low as a 0.

Despite what you may have read in other reviews, BDSwiss is regulated. And quite extensively via the financial regulatory bodies in Seychelles, Cyprus, the US, Germany, and Mauritius. If you are hunting for a forex broker in the Philippines regulated at tier-one and tier-two level, you should have FxPro in your sights.

Founded 14 years ago in , FxPro is widely regarded as a low-risk forex broker. While it may not be the most competitively priced, FxPro has a lot going for it with its multiple order execution methods and substantial offering of MetaTrader and c trader, all available in desktop, web, and smartphone mobile app modes. They also offer FxPro Edge, their proprietary web-based trading platform you should check out for sure.

With more than 70 awards under its belt, FxPro did not earn these by being just another vanilla-flavored forex broker. Its place among the 5 Best Forex Brokers in Philippines is well justified since it is deemed safe, reliable, and transparent. But its biggest advantage compared to others is its ability to execute larger orders than usual. And these can be placed as close as you want to current market prices without minimum distance limitations.

Also rather attractive is the various execution methods you can choose from, either variable or fixed spreads on MetaTrader 4, for example. With variable spreads, you have two options; instant or market. The instant option offers no slippage but is subject to requoting. Market execution is vice versa; no requotes but can be subject to slippage. MetaTrader 5 there is no fixed spreading, and you are stuck with only market execution.

Variable spreads are available on both MT4 and 5 via either instant or market execution. Ctrader, meanwhile, offers the best competitive spreads as it is based on commission pricing. Finally, FxPro has an Active Trader program you should check out too.

But only after you have put in several years of trading and spent many long hours learning and training. It is not something you would ever contemplate without getting significant forex trading under your belt first.

The short answer is a long time if you are starting from scratch. Demo accounts only take you so far. Factor in a lot of hard work and research into forex trading. Residents of the Philippine Islands are well placed to take advantage of the explosion of interest in forex trading.

There are plenty of trustworthy forex brokers out there that are willing to get you underway on your forex trading journey. However, like so many things, there are no handy shortcuts to success.

Be prepared to do a lot of serious homework if you are to make money trading currencies successfully. Last Updated on November 10, by Andre Witzel. Risk Warning: Your capital can be endangered. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. For those with more trading experience, the specialist platforms each have a specific advantage.

L2 Dealer allows for DMA direct market access so is preferred for shares trading, ProRealTime has great technical chart features and MT4 is the most popular Forex platform. However, with so many other platform options, IG should be able to help you.

A CFD account is the only one compatible with MetaTrader 4 as well as a variety of other trading platforms. It is also possible to access DMA Direct Market Access pricing through Forex Direct. IC Markets has several copy trading platforms that distinguish it above other brokers, particularly ZuluTrade, which boasts one of the largest networks of copy traders globally and can integrate with MT4 or MT5 with a wide range of trading instruments available.

The broker also offers Myfxbook AutoTrade and cTrader algo for algorithmic trading, perfect for discretionary traders. We have previously noted that two-thirds of their trading comes from automated trading systems which is still the case.

There is also a MetaTrader Trading Signals platform, integrated with MT4 or MT5, which allows automatic real-time copying of trading operations from one trading account to another. Be mindful of the misleading data on the homepage of their website, some of it is from Our updated spread module is to compare current average spreads against other brokers. You can open either a Standard or Raw Spread account with IC Markets. Both accounts offer competitive spreads, amongst the best for an STP broker.

Raw Spread offers tighter spreads, due to sourcing liquidity from top-tier providers, increasing your profit potential provided a firm understanding of market variables.

Commissions for this account are USD 3. These platforms can be used for web trading and on any Android or Apple device including Mac for MT4 so you can trade wherever you are, whenever you like. There is also a great range of MT4 trading tool options such as economic calendars and sentiment tools, while MT5 has more sophisticated features including advanced charting technology with the ability to trade more products most notably, CFDs.

IC Markets is also a very good choice for social trading. You can choose Myfxbook, ZuluTrade and MetaTrader Signal, all of which can integrate with MetaTrader platforms. As has been mentioned in previous reviews, the SEC has issued two advisories stating forex trading is illegal as a means to discourage private individuals from trading currencies and local brokers from engaging in the forex business.

You can still trade Forex as a Philippines trader but we recommend using a global broker that has an offshore regulator I. regulators outside the Philippines. Every broker on this list can be used by Philippines clients to trade Forex legally. The local regulatory body in the Philippines is the central bank of the Philippines, the Bangko Sentral ng Pilipinas BSP , which governs all foreign exchange transactions.

Please note, international brokers are not required to be registered with the BSP. All brokers on this list are regulated and as a regulated broker, it is possible to have multiple regulators for different countries or regions they have subsidiaries.

Pepperstone, for instance, has 7: ASIC Australia , CySEC Cyprus , FCA UK , DFSA United Arab Emirates , BaFin Germany , CMA Kenya and SCB The Bahamas. This means Pepperstone is using the Bahamas subsidiary for Filipino clients. If you wish to know more about other brokers in the Philippines, take a look at our Top Forex Brokers in the Philippines Page. We use cookies to ensure you get the best experience on our website. By continuing to browse you accept our use of cookies.

Brokers By Country Australian Forex Brokers UK Forex Brokers European Forex Brokers NZ Forex Brokers Canadian Forex Brokers US Forex Brokers Singapore Forex Brokers UAE Forex Brokers. Lowest Spread Forex Brokers Lowest Commission Brokers High Leverage Forex Brokers Islamic Forex Brokers Crypto CFD Brokers Forex Demo Account ASIC Regulated Brokers CySEC Regulated Brokers. MetaTrader 4 Brokers MetaTrader 5 Brokers Spread Betting Platforms UK CFD Trading Platforms Automated Trading Software Scalping Trading Software Beginner Forex Trading Platforms Micro Currency Platforms.

Pepperstone Review IC Markets Review FP Markets Review CMC Markets Plus Review eToro Review IG Review FXCM Review. Home » Compare Forex Brokers » Best Forex Trading Platforms Philippines. Best Forex Trading Platforms Philippines The Best Forex Trading Platforms in the Philippines give you multiple indicators for trading, have automation EAs tools and allow social trading.

Written by Justin Grossbard Written by Justin Grossbard Co Founder. Fact Checked We double-check broker fee details each month which is made possible through partner paid advertising. Learn more this here. Best Forex Trading Platforms Philippines Here are the best trading platforms and brokers for Filipino traders Eightcap - Has The Best Range Of Markets For MT5 TMGM - The Top Forex Broker For The MT4 Trading Platform Pepperstone - Has A Great Range of Trading Platforms Admiral Markets - Has A Good Mobile Trading Platform IG Markets - Best Platform As It Has Risk Management For Beginners IC Markets - Great Social Trading Tools For MT4 and MT5.

Visit Site. Our Rating. Eightcap review. TMGM Review. Review Of Pepperstone. Admiral Markets Review. Review Of IC Markets. ASIC Australia. FSA Seychelles. SCB Bahamas. VFSA Vanuatu. Other Regulators. Raw Spread. Commissions USD Base. Minimum Deposit. Swap Free Account. No Inactivity Fees. Funding Methods. No Funding Fees. Currency Pairs. Index CFDs. Share CFDs. Commodities CFD. Retail Max. Leverage With offshore regulators.

MetaTrader 4 MT4. MetaTrader 5 MT5. Proprietary Platform. Automated Trading. Standard Stop Loss. Guaranteed Stop Loss. Demo Account. Best Forex Trading Platforms Philippines There are a lot of variables to consider when it comes to trading platforms. Eightcap Has The Best Range Of Markets For MT5 Eightcap specialises in the MetaTrader platforms, offering both MT4 and MT5.

Fast Execution And Tight Spreads Having servers in the Equinix data center in Tokyo TY3 allows Eightcap access to a large number of tier-1 liquidity providers to deliver fast execution speeds and optimal performance while trading.

Trading Accounts Eightcap gives you two account options to choose from Standard or Raw Trading accounts. ECN Broker Spreads. Our Rating The overall rating is based on review by our experts. TMGM Is The Top Choice For The MT4 Trading Platform TMGM has a unique benefit that few brokers offer.

Versatile Trading Apps TMGM offers flexible app options for MT4 to suit your preferred device of mobile, tablet, desktop or WebTrader. Trading Accounts TMGM gives you three account options: Classic, Edge and IRESS. Additional Trading Platforms TMGM offers three additional platforms that can be integrated with MT4: HUBX, TradeView X and Trading Central. Pepperstone Has A Great Range Of Trading Platforms Pepperstone has the best range of trading platforms of any broker on this list.

Trading in forex is entirely possible in the Philippines. It is growing in popularity with residents the length and breadth of the islands. All you require is a reasonably stable internet connection, a bank account, and a little spare cash. These three are all you need to get you going in the exciting and potentially lucrative world of foreign currency trading.

Being authorized by the SEC gives residents of the Philippines extra protection should you run into severe difficulties with a company going bust, etc.

However, all the five we highlight here in the forex broker review are well regulated overseas. So no SEC registration is not necessarily a massive deal-breaker for most people. You should consider whether you can afford to take the high risk of losing your money. For your information, the SEC was formed in and is responsible for financial regulation in the Philippines ever since. You can find out more about this body, should you wish, on their website at www.

Among those in the know, it is held up as having one of the better trading platforms. It is intuitive to use and easy to navigate, two things you should always look out for in any forex or trading platform.

So as far as IQ Option goes, the experience is one of the better ones out there for seamless and, quite frankly, elegant forex trading. With form taken care of, how about the substance?

Yes, there are no worries there either. No forex trading platform is going to appeal to every single trader out there. We are all different, with varying preferences, not to mention experience levels and forex trading objectives. To get around this one size fits all approach, you can instead open a demo account. You get virtual money to play with in order to evaluate the platform personally.

You can access all the same tools, and IQ Option features as a regular live account holder to get a feel for the platform with zero risks to your hard-earned cash. Founded in , IQ Option backs up their brilliant award-winning forex platform with responsive customer service and a plethora of learning and training resources to assist you on your forex trading journey.

With both a desktop and a mobile app, starting on that journey could not be easier as the whole package is compatible with an array of different devices and operating systems. This online forex broker comes with a history of being considered safe and trusted in the Philippines.

Though relatively new compared to its rivals, Olymp Trade has done much to democratize forex trading. From the outset, their emphasis has been on making the world of forex trading open and accessible to all. Many Filipinos have already done their personal due diligence on Olymp Trade and concluded it is a safe bet for their money. Being authorized by the Financial Commission, this is not an unreasonable conclusion.

The Olymp Trade platform is innovative and a breeze to navigate around. It is reasonably apparent from the outset that a lot of investment and resources have been applied to make the platform easy to use. Likewise, significant time and energy have been spent developing its educational resources to underpin its claim to making forex trading open for all.

They do an excellent job explaining what are often quite complex financial concepts in easy to understand language with the minimum of jargon. So plaudits are due to Olymp Trade for their efforts being tangible and practical rather than mere marketing hype.

Like all forex brokerages, Olymp Trade allows newbies and those wishing to try the platform out first with a demo account. Unlike some brokers that offer only a day demo account, the Olymp Trade demo is unlimited. Indeed if you are entirely new to forex trading, you will most assuredly appreciate having the extra time to try out the platform. This will give you the time and space required to practice and refine your forex trading strategies and get up to speed in a safe, risk-free environment.

Even if you ultimately decide to go elsewhere, Olymp Trade is a great platform to learn on. Switzerland is the banker to the world. Their reputation for financial wizardry spans hundreds of years. Step forward BDSwiss to take on the role of forex brokerage to the world.

And BDSwiss is an excellent place to earn your forex trading chops. However, despite their widely acknowledged expertise that has been recognized internationally by the forex industry and leads to multiple awards wins, BDSwiss is let down a little by their customer service. No doubt they are working to improve this. Still, it is worth bearing in mind, particularly if you are entirely new to forex trading. That said, BDSwiss is an acknowledged world leader in the forex industry. They are a global online trading platform whose history stretches back to , making them one of the longest established forex players around.

So you should have few reservations about trusting BDSwiss as a reliable forex brokerage. They offer account holders the ability to easily access the forex markets to trade on the price movements of more than 50 currency pairs from as low as a 0. Despite what you may have read in other reviews, BDSwiss is regulated. And quite extensively via the financial regulatory bodies in Seychelles, Cyprus, the US, Germany, and Mauritius. If you are hunting for a forex broker in the Philippines regulated at tier-one and tier-two level, you should have FxPro in your sights.

Founded 14 years ago in , FxPro is widely regarded as a low-risk forex broker. While it may not be the most competitively priced, FxPro has a lot going for it with its multiple order execution methods and substantial offering of MetaTrader and c trader, all available in desktop, web, and smartphone mobile app modes.

They also offer FxPro Edge, their proprietary web-based trading platform you should check out for sure. With more than 70 awards under its belt, FxPro did not earn these by being just another vanilla-flavored forex broker.

Its place among the 5 Best Forex Brokers in Philippines is well justified since it is deemed safe, reliable, and transparent. But its biggest advantage compared to others is its ability to execute larger orders than usual.

And these can be placed as close as you want to current market prices without minimum distance limitations. Also rather attractive is the various execution methods you can choose from, either variable or fixed spreads on MetaTrader 4, for example. With variable spreads, you have two options; instant or market. The instant option offers no slippage but is subject to requoting.

Market execution is vice versa; no requotes but can be subject to slippage. MetaTrader 5 there is no fixed spreading, and you are stuck with only market execution. Variable spreads are available on both MT4 and 5 via either instant or market execution. Ctrader, meanwhile, offers the best competitive spreads as it is based on commission pricing.

Finally, FxPro has an Active Trader program you should check out too. But only after you have put in several years of trading and spent many long hours learning and training.

It is not something you would ever contemplate without getting significant forex trading under your belt first. The short answer is a long time if you are starting from scratch.

Demo accounts only take you so far. Factor in a lot of hard work and research into forex trading. Residents of the Philippine Islands are well placed to take advantage of the explosion of interest in forex trading. There are plenty of trustworthy forex brokers out there that are willing to get you underway on your forex trading journey.

However, like so many things, there are no handy shortcuts to success. Be prepared to do a lot of serious homework if you are to make money trading currencies successfully. Last Updated on November 10, by Andre Witzel.

Risk Warning: Your capital can be endangered. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

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Sign up for an Account NSFX Philippines. Cons Does not accept U. Joey Shadeck Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers. Visit Site. If you are not sure of your knowledge level and trading skills, you must practice a lot in the demo trading account. Compare Philippines authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below.

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