
Exness
FCA (UK)Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.


Both brokers here are confirmed to offer Cent Account for Philippines traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Philippines.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
Cent accounts let Philippines traders trade with real money at 1/100th the standard lot size — a micro lot (0.01 standard) becomes just 10 cents of risk per pip. Our current ranking starts with Pepperstone where it is available, followed by RoboForex, Exness, and XM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 6 brokers for Philippines traders. The median minimum deposit across the listed brokers is $7.50 — low — most traders can start with a modest balance. Local oversight for Philippines traders sits with SEC Philippines. The Philippine SEC does not issue licenses for retail forex/CFD brokers. Traders often rely on offshore brokers regulated by tier-1 authorities (like FCA or ASIC). Verify that a broker has no active SEC advisory against it. Oversight relevant to traders in the Philippines sits with SEC Philippines. Locally, traders in the Philippines can fund accounts through GCash, GrabPay, Maya at brokers that support them — a rail that is unavailable in most other markets. Brokers rarely offer PHP-denominated accounts, so traders in the Philippines usually fund in USD and carry an FX conversion cost on deposit and withdrawal.
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

100% Welcome Bonus up to $10,000
100% welcome bonus up to $10,000 on first deposit (min $100). 10% commission cashback.

$30 Welcome Bonus — No Deposit Needed
$30 welcome bonus for new verified accounts after a $10 card deposit on eligible MT4/MT5 accounts.
Local conversion checklist
Regulation and legal status
Check SEC Philippines guidance, offshore entity disclosures, and whether the broker supports Filipino residents.
Local payment methods
Prioritize GCash, Maya, BDO, BPI, Metrobank, card, and bank transfer support.
Metro Manila has been the strongest conversion signal, so this page should keep local payment options and beginner-friendly CTAs visible.
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6 brokers · how we rank
Compare essential features of forex brokers available to traders in the Philippines.
| Broker | Withdrawal | FX commission | Time to open account | USDJPY spread | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 0.1 | $0 | 1-2 business days | $3.50/lot | Same day | 0.1 | No tier-1 licence listed | ||
| 0.4 | $10 | Instant for most electronic methods | None | Same day | 0.5 | No tier-1 licence listed | ||
| 0.8 | $10 | Instant | None | Same day | 0.9 | No tier-1 licence listed | ||
| 1.6 | $5 | 24 hours | None | Same day | 1.4 | No tier-1 licence listed | ||
| 0.5 pips (Standard) | $5 | 1 business day | $0 (Spread only on most products) | — | — | No tier-1 licence listed | ||
| 0.0 pips (Commission-based) | $10 | 1-5 business days | From 0.003% per trade | — | — | No tier-1 licence listed |






We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Pepperstone offers institutional-grade execution with no minimum deposit, making them accessible to Filipino traders of all levels.

RoboForex offers flexible leverage options and supports crypto deposits. Their CopyFX platform allows following successful Filipino traders.

Exness is extremely popular in the Philippines, offering instant GCash and GrabPay deposits/withdrawals, PHP accounts, and unlimited leverage options.

XM offers comprehensive educational resources, free webinars, and attractive bonuses, making them ideal for Filipino beginners.

Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Libertex is a multi-regulated broker with Libertex Web, Libertex Mobile, MT4, MT5 access, 0.0 pips (Commission-based) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.
Across the 6 Cent Account brokers available to Philippines traders on this page, the median researched EUR/USD spread is 0.35 pips, ranging from 0.0 to 1.3 pips, with 6 of those figures taken from the broker's own published specification.
Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.
Sources: get.exness.help · pepperstone.com · xm.com · roboforex.com · www2.deriv.me · libertex.org