The Philippines' No. 1 FX Marketplace

Find the right
Forex broker

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  • Discover and compare top-rated Forex brokers
  • 180+ independently written broker reviews
  • Explore in-depth educational resources

The Secrets to Successful Forex Trading

Forex trading is accessible to everyone and offers the potential for significant returns, but it is important to approach it cautiously to avoid losing money. Forex traders in the Philippines should choose a reputable and regulated broker to avoid getting scammed, educate themselves on Forex trading, create a trading plan and stick to it, develop a risk management strategy, practice trading on a demo account, stay informed and educated, and follow the global financial market news.

Best Brokers in the Philippines

Discover the top Forex brokers in the Philippines. Compare top platforms, fees and features to make an informed trading choice.

FxScouts Podcast

Let's Talk Forex: A beginner-friendly podcast covering Forex basics, tips, and strategies. Tune in now and start mastering currency trading with expert guidance

Forex Brokers for Beginners

Explore the best Forex brokers for beginners in the Philippines with user-friendly platforms, educational resources, and demo accounts.

Forex News

Covering market events, analysis, industry trends and broker news. Stay on top of the Forex market - check out the latest updates now

Unbiased Expertise

Independent, in-depth reviews and comparisons of all top tier-regulated Forex brokers, empowering you to make informed choices.

Educational Resources

Comprehensive guides for all levels, from the basics of Forex to advanced strategies tailored for your experience.

Transparent Information

A focus on facts, accuracy, and up-to-date data to give you the insights you need to succeed in your Forex journey.

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Best Brokers for Beginners

The best Forex brokers for beginners are regulated to ensure protection from fraud and have a user-friendly trading platform for a stress-free trading experience. They offer comprehensive trading education and a demo account so beginners can learn to trade without risking money. They also have low costs and reliable customer support in case technical issues arise.

Best Forex Brokers in the Philippines

We have thoroughly evaluated the top financially regulated brokers that accept Filipino traders. Your feedback is an important part of this evaluation, and we always incorporate the views of real traders when we make a recommendation. With our comprehensive guide, traders of all budgets and preferences will find a broker that fits their needs.

Fusion Markets

Ultra-Low Trading Costs

4.41
/ 5
Wide Range of Forex Pairs
Exness

Ultra-Low Trading Costs

4.32
/ 5
Extensive Forex and Crypto Offerings
Pepperstone

Regulated and Trusted Globally

4.61
/ 5
Extensive Platform Variety
IC Markets

Great range of trading tools

4.46
/ 5
Lowest cost Raw Account
NAGA

Comprehensive Social Trading Platform

4.14
/ 5
Multi-Platform Accessibility
AvaTrade

Comprehensive Trading Tools & Platforms

4.59
/ 5
Extensive Asset Range with Unique Instruments
XM

Beginner-Friendly Platform

4.45
/ 5
Low trading costs and minimum deposits
HFM

Best for Copy Trading

4.53
/ 5
Low Deposit, Low-Cost Accounts
FBS

Low-Cost Entry for Beginners

4.33
/ 5
Comprehensive Cryptocurrency Trading
Tickmill

Industry-Leading Trading Costs

4.58
/ 5
Regulatory Assurance and Safety
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About us


FxScouts Group was founded in 2011 to help Forex traders get the best start to their trading careers. We review Forex brokers, offer trading education, and issue warnings on scam brokers. We also host a weekly podcast, and our YouTube channel is full of helpful tips and discussions about the latest market events. Our editorial team maintains up-to-date reviews on 180+ brokers and uses local expertise to provide accurate information for traders in over 20 countries and regions.

FxScouts.com is wholly owned and operated by FxScouts Group AB. FxScouts Group AB is registered in Sweden and owns and manages all the brands and domains in the FxScouts network. Click through for more on our global presence.

Most Compared Brokers in the Philippines in April 2025

These are the most requested broker comparisons in the Philippines. These are the areas that matter most to us:

  • Regulation: Safety and security are non-negotiable.
  • Transparent Fees: Keep your hard-earned profits.
  • Diverse Assets: Stocks, forex, indices – variety is key
  • User-Friendly Platforms: Finding the right platform is crucial.

Let’s cut through the noise! Compare these in-demand brokers and discover the best fit for your trading journey.

Fusion Markets
AvaTrade
ASIC, VFSC
Regulators
ASIC, FSCA
500:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0 pips
Min. Spread
0.9 pips
AUD 0
Min. Deposit
USD 100
Exness
Pepperstone
FSCA, FSA-Seychelles
Regulators
FCA, ASIC
Unlimited:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0 pips
USD 3
Min. Deposit
USD 0
Pepperstone
XM
FCA, ASIC
Regulators
CySEC, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0 pips
Min. Spread
0.6 pips
USD 0
Min. Deposit
USD 5
IC Markets
Pepperstone
CySEC, FSA-Seychelles
Regulators
FCA, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0 pips
USD 200
Min. Deposit
USD 0
NAGA
Fibo Group
CySEC, FSA-Seychelles
Regulators
CySEC, BaFin
1000:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0.2 pips
USD 10
Min. Deposit
USD 0
AvaTrade
Pepperstone
ASIC, FSCA
Regulators
FCA, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.9 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0
XM
HFM
CySEC, ASIC
Regulators
CySEC, FCA
30:1
Leverage
2000:1
MT4, MT5
Platforms
MT4, MT5
0.6 pips
Min. Spread
0.0 pips
USD 5
Min. Deposit
USD 0
HFM
IC Markets
CySEC, FCA
Regulators
CySEC, FSA-Seychelles
2000:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0.1 pips
USD 0
Min. Deposit
USD 200
FBS
Pepperstone
CySEC, ASIC
Regulators
FCA, ASIC
3000:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0 pips
USD 5
Min. Deposit
USD 0
Tickmill
Pepperstone
CySEC, FCA
Regulators
FCA, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0

                

No-deposit Bonuses

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Brokers offer no-deposit bonuses to attract new customers. These bonuses typically involve the broker providing the customer with a small amount of equity, which allows the customer to learn how to trade Forex without the fear of losing their own money. 

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