Best Forex Brokers Philippines – Most Trusted Forex Brokers 2020

As you know an forex broker in the philippines  is an essential ingredient that you must have when you start trading online is an account with a forex broker. the forex broker is your link to the market and they will provide you with the essential coverage to trade with margins. here are some brokers to trade in philippines, most of the forex brokers philippines on this list is selected to offer a good service and trading environment.

Here are some of the best forex broker philippines are here:

1. XM
founded in 2009, xm offers its clients the opportunity to trade trading instruments such as: Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs on two trading platforms Metatarder 4 and Metatrader 5

they offer their clients three types of trading accounts. in addition, they provide low spreads based on your trading account, ultra-fast execution (99.35% of all transactions executed in less than a second), as well as bonuses and promotions.

Min. Deposit : 5$
Regulators : IFSC, Cysec, ASIC
Leverage : 1:888
Spread : Variable
Platforms : Metatrader 4, Metatrader 5
Country : Cyprus, Belize, Australia

2. Hotforex
Hotforex is a broker that offers a very wide range of trading account types, solid trading platforms, a very attentive customer service to any question or problem, a leverage effect of up to 1:1000, low spreads depending on your trading account.

Min. Deposit : $5
Regulators : FSC, FCA, FSCA
Leverage : 1:1000
Spread : Variable
Platforms : Metatrader 4, Metatrader 5
Country : Mauritius

3. Easy markets
Easy-forex, now Easymarkets, is a broker founded in 2001 that offers clients trading services with two state-of-the-art trading platforms, Metatrader 4 and a web-based trading platform. it offers its clients fixed spreads, regardless of market conditions, options and futures contracts on 175 trading instruments.

Min. Deposit : $25
Regulators : Cysec, ASIC
Leverage : 1:400
Spread : Fixed
Platforms :  Metatrader 4, Web trading
Country : Cyprus

4. Octafx
Octafx is a forex broker that has been offering Forex trading in Philippines services for 7 years. it is based in saint-vinent and grenadines. they offer two trading platforms Metatrader 4 and Ctrader which both have a user-friendly interface. both platforms are available on the desktop, mobile devices and on the web browser.

the minimum deposit to open an account with octafx is $5, they also meet the standard minimum lot size of 0.01, which helps to manage commercial risks. the leverage is up to 1:500 and offers low spreads depending on your trading account.

Min. Deposit : $5
Regulators : Offshore License
Leverage : 1:500
Spread : Variable
Platforms : Metrader 4
Country : Saint Vincent and the Grenadines
Related: View best forex brokers in nigeria

5. Exness

Exness is an online forex broker, which offers the best trading platforms, metatrader 4, metatrader 5 and MT Mobile. it offers more than 50 pairs of currencies, commodities, and other trading instruments. you have the choice between three unique trading account types offering different benefits and features. regarding leverage can reach 1:2000 depending on your trading account and prevent spreads start at 0.0 pips.

Min. Deposit :$1
Regulators : ASIC, Cysec
Leverage : 1:2000
Spread : Variable
Platforms : Metatarder 4, Metatrader 5
Country : Cyprus

6. is a forex and CFD broker that provides trading services to all new types of traders, both beginners and experienced. Traders of all levels can benefit from the resource centre. The broker also offers exclusive market analyses and news as well as live webinars. also offers extremely competitive trading conditions, competitive spreads, state-of-the-art trading platforms, good customer service, leverage of up to 1:300 and a minimum deposit of USD 100.

Min. Deposit : $100
Regulators : FSCA, ASIC, Cysec
Leverage : 1:200
Spread :  Fixed
Platforms : Metatrader 4
Country : Cyprus

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Risk Disclosure: assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, assumes no responsibility for any trading losses you might incur as a result of using this data. HIGH RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. All rights reserved.