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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.
Verified Jun 15, 2026
Best GrabPay Forex Brokers in Philippines
Last updated August 2, 2026
Compare regulated forex brokers that accept GrabPay deposits and withdrawals for Philippines traders — with spreads, fees, and minimum deposits.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Personalized broker matching
Need a faster shortlist than reading every Philippines page?
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for GrabPay in Philippines
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for GrabPay in Philippines
IC Markets
Accepts GrabPayGrabPay deposits, from $200
- GrabPay deposits from $200
- Regulated: ASIC, CySEC
- Confirmed to support this specific payment method
ASIC, CySEC
#2 · Best alternative
Vantage
Accepts GrabPayGrabPay deposits, from $50
- GrabPay deposits from $50
- Regulated: ASIC, FCA
- Confirmed to support this specific payment method
ASIC, FCA
Why these two
Both brokers here are confirmed to support GrabPay deposits and withdrawals for Philippines traders — this list only includes brokers we've verified accept this specific payment method, 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.
Which forex brokers accept GrabPay in Philippines?
Exness, IC Markets, XM, Vantage and Pepperstone all support GrabPay deposits and withdrawals for Philippines traders, with their regulators and minimum deposits shown above.
Funding a Philippines forex account with GrabPay
GrabPay is one of the most convenient ways for traders in Philippines to fund a forex account — deposits are typically instant and need no international bank transfer. Our current ranking starts with IC Markets where it is available, followed by Vantage, Exness, and XM. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
Country Offers
Browse All PromotionsAvailable 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.
Cashback / Rebate
IC Markets
ASIC (Australia)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
XM
CySEC (Cyprus)$30 No-Deposit Bonus for New Clients
$30 no-deposit bonus for new clients. Profits withdrawable after meeting volume requirements.
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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Best regulated brokers for Philippines traders
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Quick Rankings
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FIND MY BROKERKey Features for Philippine Traders
5 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 | ||
|---|---|---|---|---|---|---|---|---|
| 0.0 | $200 | 24-48 hours | $3.50/lot | 1 day | 0.0 | No tier-1 licence listed | ||
| 0.5 | $50 | 1-2 business days | $3.00/lot | Minutes | 0.3 | 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 | ||
| 0.1 | $0 | 1-2 business days | $3.50/lot | Same day | 0.1 | No tier-1 licence listed |
Rank 01 · best overall
Spread
0.0
Min dep.
$200
Withdrawal
24-48 hours
FX commission
$3.50/lot
Time to open account
1 day
USDJPY spread
0.0
Rank 02
Spread
0.5
Min dep.
$50
Withdrawal
1-2 business days
FX commission
$3.00/lot
Time to open account
Minutes
USDJPY spread
0.3
Rank 03
Spread
0.8
Min dep.
$10
Withdrawal
Instant
FX commission
None
Time to open account
Same day
USDJPY spread
0.9
Rank 04
Spread
1.6
Min dep.
$5
Withdrawal
24 hours
FX commission
None
Time to open account
Same day
USDJPY spread
1.4
Rank 05
Spread
0.1
Min dep.
$0
Withdrawal
1-2 business days
FX commission
$3.50/lot
Time to open account
Same day
USDJPY spread
0.1
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.
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.
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
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 with GCash support. 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
Our Rating
4.5/5.0
Best ForMost popular forex broker in the Philippines.
Min Deposit$10
Exness Review Summary
Exness is extremely popular in the Philippines, offering instant GCash and GrabPay deposits/withdrawals, PHP accounts, and unlimited leverage options.
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
Our Rating
4.5/5.0
Best ForExcellent education and welcome bonuses.
Min Deposit$5
XM Review Summary
XM offers comprehensive educational resources, free webinars, and attractive bonuses, making them ideal for Filipino beginners.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
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
Frequently Asked Questions About GrabPay Forex Brokers in Philippines
Frequently Asked Questions
Exness, IC Markets, XM, Vantage and Pepperstone all support GrabPay deposits and withdrawals for Philippines traders, with their regulators and minimum deposits shown above.
Minimum deposits on the GrabPay-supporting brokers listed here start from $0.
GrabPay is a widely used payment method in Philippines. Funding safety depends on the broker's regulation, not the payment rail — every broker here is regulated. Always confirm a broker is authorised before depositing.
Sources & References
- Securities and Exchange Commission (Philippines) Official Website— SEC (2026)
- FCA Register – Check Authorized Firms— FCA (2026)
- CySEC Regulated Entities List— CySEC (2026)
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
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.
Affiliate Disclosure:
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.
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.