The Securities and Exchange Commission of the Philippines is the regulator of the forex business in the Asian nation. As a developing economy, Philippines cannot be said to be a major hub for forex brokerage, and the local community is being serviced by U.S. based firms which are regulated under the rigorous oversight that any domestic American broker is subject to. Activities in the Philippines, however, are under the regulatory coverage of the SEC of the Philippines, which is itself modelled on the American system.

Are you interested in forex trading, but nervous about the risks and dangers involved in picking the right forex broker? Do you worry about the complicated task of assessing a firm’s reliability? These brokers that we have chosen for you are overseen and monitored by some of the world`s powerful and credible regulatory bodies, and we strongly suggest that you consider them before making your final decision to become any broker’s client. In any case, you’ve got nothing to lose, and precious information to acquire, so why not take a closer look?

Broker Features Regulator Platforms Next Step
Number One Broker ForexTime Logo Founded: 2011

- Over 400k Account Registered
- More than 250 Trading Instruments
- MT4, MT5 and Web Trader Platforms
- Full ECN Trading Model


CySEC, FSB, IFSC MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4)
AvaTrade Logo Founded: 2006

- Active 10+ years
- 40% New Member Bonus
- Very well regulated


ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
eToro Logo Founded: 2007

- Social Trading Platform
- 24/5 Customer Support
- Beginner Friendly


CySEC, FCA eToro OpenBook, eToro WebTrader, eToro Mobile Trader
easyMarkets logo Founded: 2001

- 50% FTD Bonus! (non EU Traders only)
- Active since 2001
- 300+ markets can be traded


ASIC, CySEC MT4, Web platform & Easy-forex on mobile
City Index Logo Founded: 1983

- Well established
- Beginner friendly
- Free Webinars


ASIC, FCA, MAS Advantage Web, AT Pro, MT4
HotForex Logo Founded: 2008

100% FTD Bonus
Social Trading Features
Available in 25 languages


CySEC, FSA MT4
Oanda Logo Founded: 1996

- No Minimum Deposit
- Very well established
- 24/5 Customer Support


ASIC, CFTC, FCA, FFAJ, FSA, IIROC, KLFB, MAS, NFA fxTrade, MT4
FXGlobe Logo Founded: 2013

- No dealing desk executions
- Account management for traders on varying experience levels


CySEC, MiFID MT4, FXGlobe Web Trader
FXPrimus Logo Founded: 1999

- 24/5 Customer support
- Well established
- Well regulated


CySEC MT4
OctaFX Logo Founded: 2011

- Up to 1:500 leverage with micro-lots (0.01 size) available for everyone
- Scalping, hedging, trading on the news, and EAs are permitted.


FCA MT4 and cTrader

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