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EXNESS broker Review Philippines: Is legit broker? Update 2025

Are you considering trading with Exness from the Philippines? Whether you're new to forex or an experienced trader, choosing a broker that is secure, regulated, and transparent is essential. This comprehensive Exness broker review for the Philippines in 2025 covers everything you need to know—from legitimacy and regulation to spreads, withdrawals, and user experience.

👉 Create your Exness account here

1. Is Exness Legal and Safe in the Philippines?

Exness is not locally regulated by the Bangko Sentral ng Pilipinas (BSP), but it is a globally licensed and regulated forex broker operating under:

  • FCA (UK)

  • CySEC (Cyprus)

  • FSA (Seychelles)

  • FSCA (South Africa)

  • CMA (Kenya)

Although Filipino traders do not have local investor protection through BSP, Exness still ensures segregation of client funds, negative balance protection, and secure trading conditions under these international regulators.

Exness accepts traders from the Philippines through its offshore entities, offering full access to all features, assets, and support.

2. Exness Account Types Available to Filipino Traders

Exness offers five major account types that cater to all levels of traders:

  • Standard Account – Ideal for beginners; no commissions, floating spreads.

  • Standard Cent Account – Micro-lot trading for risk management and testing.

  • Raw Spread Account – Tight spreads from 0.0 pips, commission-based.

  • Zero Account – Fixed 0.0 pip spreads on top assets with tiered commission.

  • Pro Account – No commission, low spreads, faster execution.

👉 Explore all Exness account options here

3. Trading Conditions in Exness for Filipino Users

✔️ Spreads:

  • Extremely competitive spreads—EUR/USD can start from 0.0 pips (Raw Spread account).

  • Variable floating spreads on Standard and Pro accounts.

✔️ Leverage:

  • Up to 1:2000 for major pairs and gold (conditions apply).

  • Dynamic leverage based on equity and instrument.

✔️ Platforms:

  • MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Terminal, and Exness Mobile App.

✔️ Instruments:

  • 100+ forex pairs, cryptocurrencies, stocks, indices, energies, and metals.

4. Deposit and Withdrawal in the Philippines

Exness supports fast and reliable deposit/withdrawal methods, including:

  • Online banking in PHP via local channels

  • Credit/debit cards

  • Cryptocurrency (e.g., USDT, BTC, ETH)

  • E-wallets like Skrill, Neteller

Withdrawals are processed instantly or within hours depending on the method. Exness is known for its automated withdrawal system, which makes it one of the fastest in the industry.

5. Customer Support in the Philippines

Exness provides 24/5 multilingual customer support, including:

  • English and Tagalog language support

  • Live chat, email, and help center articles

  • Fast responses and localized guidance

This ensures that Filipino users can get quick assistance on trading, verification, or withdrawals.

6. Is Exness Good for Beginners in the Philippines?

Yes, especially with the Standard Cent Account. It allows users to trade with very small capital, test strategies, and experience live market conditions with minimum risk.

Exness also offers:

  • Free demo accounts

  • In-depth trading education

  • Economic calendar, calculators, and analytics tools

👉 Start trading with a free Exness demo account

7. Pros and Cons of Using Exness in the Philippines

Pros:

  • Globally regulated and transparent

  • Extremely low spreads (from 0.0 pips)

  • Multiple account types for different trader levels

  • Instant withdrawals and crypto support

  • Tagalog/English support for Filipino clients

  • No deposit or withdrawal fees

Cons:

  • Not regulated by the Philippine BSP

  • Commission fees apply on some account types

  • Spreads may widen during news events

8. FAQs: Exness in the Philippines

Q1: Is Exness regulated in the Philippines?

No, but it's regulated internationally under respected authorities.

Q2: Can I deposit using Philippine banks?

Yes. Exness supports online banking in PHP through trusted local payment providers.

Q3: Is Exness safe for beginners?

Yes, it offers cent accounts, demo accounts, and a secure environment for learning and growing.

Q4: How fast are withdrawals with Exness?

Withdrawals are processed instantly or within a few hours, depending on your method.

Conclusion: Should You Trade with Exness in the Philippines?

Absolutely. Exness is a legit, globally trusted broker with strong regulation, excellent spreads, powerful trading tools, and lightning-fast payments. Even without local licensing, it provides an exceptional trading experience for Filipino traders looking to grow their skills and portfolios.

👉 Sign up with Exness now and start trading with confidence

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