Best ECN Raw Spread Forex Brokers in Philippines

Last updated July 30, 2026

The top regulated brokers offering ECN Raw Spread accounts to Philippines traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Philippines

#1
Pepperstone
Pepperstone
Review
#2
Tickmill
Tickmill
Review
#3
IC Markets
IC Markets
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

Our 2 top picks for ECN Raw Spread in Philippines

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for ECN Raw Spread in Philippines
Pepperstone

Pepperstone

Offers ECN Raw Spread
Min. deposit $0
  • Offers ECN Raw Spread
  • Regulated: ASIC, FCA, CySEC
  • Minimum deposit $0
ASIC, FCA, CySEC
#2 · Best alternative
Tickmill

Tickmill

Offers ECN Raw Spread
Min. deposit $100
  • Offers ECN Raw Spread
  • Regulated: FCA, CySEC
  • Minimum deposit $100
FCA, CySEC

Why these two

Both brokers here are confirmed to offer ECN Raw Spread 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.

What are the best ECN raw spread brokers in Philippines in 2026?

The best ECN raw spread brokers for Philippines in 2026 offer spreads from 0.0 pips + commissions from $2.00/lot, true ECN/STP execution, and no dealing desk intervention.

ECN Raw Spread brokers for Philippines traders

ECN raw spread brokers offer Philippines traders true interbank pricing — spreads from 0.0 pips + transparent commissions, no markup. Our current ranking starts with Pepperstone where it is available, followed by Tickmill, IC Markets, and Vantage. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Country Offers

Available offers for Philippines traders

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.

Browse All Promotions

IC Markets

ASIC (Australia)
Cashback / Rebate

Up to $2.50/Lot Rebate + 21% Comm Off

Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Verified Jun 15, 2026

RoboForex

FSC (Belize)
No-Deposit Bonus

$30 Welcome Bonus — No Deposit Needed

$30 welcome bonus for new verified accounts after a $10 card deposit on eligible MT4/MT5 accounts.

Verified Jun 15, 2026

Tickmill

FCA (UK)
No-Deposit Bonus

$30 Welcome Account — No Deposit

$30 no-deposit bonus for new clients (60-day trading period). Trader of the Month: $1,000 prize.

Verified Jun 15, 2026

Local conversion checklist

What Philippines traders should verify first

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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Key Features for Philippine Traders

BrokerLink
Pepperstone$3.50/lot$0Open
Tickmill$2/lot$100Open
IC Markets$3.50/lot$200Open
Vantage$3.00/lot$50Open
RoboForexNone$10Open
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In-Depth Broker Analysis

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 logo
Our Rating
4.5/5.0
Best ForRazor-sharp spreads and fast execution.
Min Deposit$0

Pepperstone Review Summary

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

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Tickmill logo
Our Rating
4.5/5.0
Best ForUltra-low commission specialist.
Min Deposit$100

Tickmill Review Summary

Tickmill offers some of the lowest commissions at $2/lot on their Pro account. Ideal for active Filipino traders seeking tight spreads.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Very Low — compare account types before opening
IC Markets logo
Our Rating
4.5/5.0
Best ForBest raw spreads for professional traders.
Min Deposit$200

IC Markets Review Summary

IC Markets delivers true ECN pricing with spreads from 0.0 pips, ideal for scalpers and high-volume traders in the Philippines.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Vantage logo
Our Rating
4.5/5.0
Best ForFast account opening and ECN access.
Min Deposit$50

Vantage Review Summary

Vantage offers account opening in minutes and competitive spreads. Their RAW ECN account provides professional trading conditions for Filipino traders.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
RoboForex logo
Our Rating
4.5/5.0
Best ForHigh leverage and diverse platforms.
Min Deposit$10

RoboForex Review Summary

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

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening

Frequently Asked Questions About ECN Raw Spread Forex Brokers in Philippines

Frequently Asked Questions

The best ECN raw brokers for Philippines in 2026 include IC Markets ($3.50/lot), FP Markets ($3.00/lot), Tickmill ($2.00/lot), and Pepperstone ($3.50/lot).
Tickmill offers $2.00/lot on their Pro account, one of the lowest in the industry. RoboForex also offers $2.00/lot. IC Markets and Pepperstone charge $3.50/lot.
For active traders, usually yes. Total cost (spread + commission) on raw accounts is typically lower. Standard accounts bake commission into the spread, which looks simpler but costs more.
Yes, ECN raw accounts are ideal for scalping — the tighter spreads and faster execution minimize entry/exit costs. Most ECN brokers explicitly allow scalping.
EUR/USD raw spreads average 0.0-0.2 pips during London/NY sessions, widening to 0.3-0.5 during Asian session. Gold: 2-5 points raw. These are before commission.
Under FCA/ESMA regulation, all retail accounts must have negative balance protection regardless of account type. Offshore ECN accounts may not have this guarantee.

Sources & References

  1. FCA
  2. CySEC
  3. ASIC
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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Regional Availability Notice

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.