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Top 10 BEST Forex Brokers in Philippines 2025
Top 10 BEST Forex Brokers in Philippines 2025
1️⃣ Exness: Open Account | Go to Website
2️⃣ JustMarkets: Open Account | Go to Website
3️⃣ XM: Open Account | Go to Website
4️⃣Pepperstone: Go to Website
5️⃣Avatrade: Open Account | Go to Website
6️⃣FpMarkets: Open Account | Go to Website
7️⃣XTB: Go to Website
8️⃣FBS: Go to Website
9️⃣Amarkets: Go to Website
In this list, we will examine the Top 10 Forex Brokers that are leading the market in the Philippines in 2024, providing a detailed overview of each broker’s features, account types, trading platforms, and why they are highly regarded by professional traders.
1. Exness – The Best Forex Broker in the Philippines
Exness is widely regarded as the leading forex broker for traders in the Philippines in 2024. With its reputation for transparency, excellent customer support, and competitive trading conditions, Exness continues to be the preferred choice for many professional traders.
Key Features of Exness:
Account Types: Exness offers a range of account types, including Standard, Pro, and Zero accounts, catering to both beginners and professional traders. Each account type comes with different trading conditions to suit various strategies.
Spreads and Commissions: Exness provides some of the tightest spreads in the industry, starting from as low as 0.1 pips. In addition, the broker offers low or zero commission on most accounts.
Leverage: Exness offers leverage of up to 1:2000, providing traders with the flexibility to control larger positions with a relatively small capital base.
Regulation: Exness is regulated by top-tier authorities, including the UK’s FCA, CySEC, and the South African FSCA, ensuring a secure and trustworthy trading environment.
Trading Platforms: Exness offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader, which provide robust charting tools, advanced technical analysis, and automated trading capabilities.
Why Choose Exness? Exness offers low-cost trading, an excellent reputation for reliability, and a wide variety of account types. These factors make it the best forex broker for traders in the Philippines who are looking for transparency, high leverage, and low trading costs.
2. XM – Versatile Forex Broker with Excellent Customer Service
XM is another leading forex broker with a solid reputation for providing exceptional customer service and competitive trading conditions. Since its launch in 2009, XM has catered to a wide range of traders, from beginners to professionals, offering a variety of account types and educational resources.
Key Features of XM:
Account Types: XM offers several account types, including Micro, Standard, and XM Ultra Low accounts. Each type is designed to suit different trading preferences and experience levels.
Spreads and Commissions: XM offers competitive spreads starting from 0.1 pips, and many accounts are commission-free.
Leverage: XM offers leverage of up to 1:888, which is attractive for traders who want to maximize their potential profits.
Regulation: XM is regulated by multiple top-tier regulatory bodies, including CySEC, ASIC, and IFSC, ensuring a high level of investor protection.
Trading Platforms: XM supports MetaTrader 4 and MetaTrader 5, both of which provide advanced trading tools, custom indicators, and expert advisors for automated trading.
Why Choose XM? XM is an excellent option for professional traders in the Philippines who require a flexible trading platform with excellent customer support. The broker’s high leverage options and tight spreads make it a powerful tool for experienced traders.
3. JustMarkets – Low Deposit Broker with Advanced Features
JustMarkets is a low-deposit broker that provides advanced trading features for professional traders in the Philippines. With its competitive spreads, high leverage, and educational tools, JustMarkets is an appealing option for traders looking to start with smaller capital but access high-end trading conditions.
Key Features of JustMarkets:
Account Types: JustMarkets offers a range of account types, including Standard, Cent, and ECN accounts, giving traders the flexibility to choose an account that fits their trading strategy.
Spreads and Commissions: JustMarkets offers spreads as low as 0.1 pips, with low commissions on ECN accounts.
Leverage: JustMarkets offers leverage of up to 1:1000, which is ideal for traders looking to control larger positions with smaller amounts of capital.
Regulation: JustMarkets is regulated by the International Financial Services Commission (IFSC), ensuring a secure trading environment.
Trading Platforms: JustMarkets supports MetaTrader 4, which is perfect for traders who prefer a simple yet effective platform for trading with advanced charting tools.
Why Choose JustMarkets? JustMarkets is best for traders in the Philippines who want to start with a low deposit but still have access to advanced trading features. The broker’s wide range of account types and low-cost structure make it an attractive option for both beginner and professional traders.
4. FP Markets – Best for Raw Spread Accounts
FP Markets has gained popularity among professional forex traders in the Philippines due to its raw spread accounts, which offer tight spreads and low commission rates, making it an excellent choice for traders who prioritize low-cost trading.
Key Features of FP Markets:
Account Types: FP Markets offers several account types, including Standard, Raw, and Pro accounts. Traders can choose the account that suits their trading style and preferences.
Spreads and Commissions: FP Markets offers raw spreads starting from 0.0 pips, with a low commission rate of $3 per 100k traded, making it a cost-effective broker for active traders.
Leverage: FP Markets provides leverage of up to 1:500, allowing traders to take larger positions without needing substantial capital.
Regulation: FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring a high level of investor protection.
Trading Platforms: FP Markets supports MetaTrader 4, MetaTrader 5, and IRESS, which provide traders with access to advanced tools for technical analysis and automated trading.
Why Choose FP Markets? FP Markets is ideal for professional traders in the Philippines who require raw spreads and advanced trading tools. The broker’s low-cost structure and robust platform make it an excellent choice for those looking to trade at scale.
5. Avatrade – Excellent for Social Trading and Professional Tools
Avatrade is a global forex broker that offers excellent social trading features, a wide range of asset classes, and professional trading tools. For traders in the Philippines, Avatrade’s wide product offering and educational resources make it an attractive choice.
Key Features of Avatrade:
Account Types: Avatrade offers Standard, Pro, and Islamic accounts, catering to a wide range of traders, including those interested in social trading.
Spreads and Commissions: Avatrade offers competitive spreads, starting from 0.9 pips on standard accounts, and commission-free trading on most accounts.
Leverage: Avatrade offers leverage of up to 1:400, which provides professional traders with flexibility to maximize their trading potential.
Regulation: Avatrade is regulated by multiple top-tier authorities, including the Central Bank of Ireland (CBI) and the Australian Securities and Investments Commission (ASIC).
Trading Platforms: Avatrade offers access to MetaTrader 4, MetaTrader 5, and its proprietary AvaTradeGO platform, which is excellent for social trading and copy trading.
Why Choose Avatrade? Avatrade’s strong focus on social trading and professional tools, combined with solid regulatory oversight, makes it a great option for professional traders in the Philippines who want access to multiple asset classes and trading strategies.
6. IC Markets – Fast Execution and Low-Cost Trading
IC Markets is a well-regarded forex broker that provides traders with low spreads, fast execution speeds, and high liquidity. This makes it an ideal broker for professional traders in the Philippines who require tight spreads and the ability to execute trades quickly.
Key Features of IC Markets:
Account Types: IC Markets offers Raw Spread, Standard, and cTrader ECN accounts. These accounts are designed to provide different types of traders with optimal conditions.
Spreads and Commissions: IC Markets offers raw spreads starting from 0.0 pips, with a low commission of $3.50 per 100k traded for ECN accounts.
Leverage: IC Markets provides leverage of up to 1:500, making it an excellent choice for traders who want to manage larger positions.
Regulation: IC Markets is regulated by ASIC, ensuring that traders in the Philippines can trade with confidence.
Trading Platforms: IC Markets supports MetaTrader 4, MetaTrader 5, and cTrader, which provide advanced trading tools for professional traders.
Why Choose IC Markets? IC Markets is ideal for professional traders in the Philippines who require high-speed execution, low spreads, and a range of account types to suit their trading needs. The broker’s raw spread accounts and competitive pricing make it a top choice for active traders.
7. FBS – Best for Promotions and Bonuses
FBS is a popular broker known for its generous promotions and bonuses. With a wide range of trading tools and a low minimum deposit, FBS is an appealing option for traders in the Philippines looking for bonuses and educational support.
Key Features of FBS:
Account Types: FBS offers Micro, Standard, ECN, and Swap-Free accounts, catering to a variety of trader preferences.
Spreads and Commissions: FBS offers spreads as low as 0.0 pips, with low commissions on most accounts.
Leverage: FBS offers leverage of up to 1:3000, which is among the highest in the industry.
Regulation: FBS is regulated by the International Financial Services Commission (IFSC).
Trading Platforms: FBS offers MetaTrader 4 and MetaTrader 5 platforms for both desktop and mobile trading.
Why Choose FBS? FBS is ideal for traders in the Philippines who enjoy promotions and bonuses. The broker’s high leverage and low deposit requirements, coupled with its competitive spreads, make it a great choice for traders looking to boost their profitability with promotional offers.
8. Axi – Excellent for Scalping and Active Traders
Axi (formerly AxiTrader) is known for its low-cost trading environment, fast execution speeds, and support for scalping strategies. Traders in the Philippines who rely on scalping and short-term strategies will find Axi a great fit.
Key Features of Axi:
Account Types: Axi offers a standard account with access to raw spreads.
Spreads and Commissions: Axi offers raw spreads starting from 0.0 pips, with low commission rates.
Leverage: Axi offers leverage of up to 1:400, which is ideal for active traders.
Regulation: Axi is regulated by ASIC, ensuring a high level of security.
Trading Platforms: Axi offers MetaTrader 4 and MetaTrader 5.
Why Choose Axi? Axi is great for professional traders in the Philippines who engage in scalping and high-frequency trading. With its low spreads and commissions, Axi offers the ideal conditions for these strategies.
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Conclusion
Choosing the right forex broker in the Philippines is an essential step for professional traders to succeed in the dynamic forex market. The brokers listed in this guide, including Exness, XM, JustMarkets, FPMarkets, Avatrade, and others, offer exceptional trading conditions, advanced tools, and comprehensive customer support, making them the best choices for traders in 2024.
By considering factors such as regulation, account types, spreads, leverage, and platform features, professional traders can make an informed decision on which forex broker is best suited to their trading style and goals.
Top 10 BEST Forex Brokers in Philippines 2025
1️⃣ Exness: Open Account | Go to Website
2️⃣ JustMarkets: Open Account | Go to Website
3️⃣ XM: Open Account | Go to Website
4️⃣Pepperstone: Go to Website
5️⃣Avatrade: Open Account | Go to Website
6️⃣FpMarkets: Open Account | Go to Website
7️⃣XTB: Go to Website
8️⃣FBS: Go to Website
9️⃣Amarkets: Go to Website
