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2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Philippines

Best Philippines trading platforms
Best Philippines Brokers 2022

This guide to the top online brokers in Philippines has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent information about finding the top broker in Philippines.

If you're a new entrant into the realm of trading and broker, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll get adept skills at all of the concepts of broker as you keep trading. For starters, you have to choose the right broker in Philippines who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan is key to your success.

We currently have 22 Online Brokers from our research that we believe are the Reputable Brokers in Philippines

Who Are The Reputable Philippines Brokers?

This review has been designed to help you find a professional Philippines broker. When looking for a great, reliable broker in Philippines it can be very confusing.  Below we detail what your broker options are in Philippines and what Philippines brokers can provide you.

Getting a free trial of a minimum of three weeks is the best way to understand the quality and professionalism of any Philippines broker. Before making any ultimate decisions, you have to be able test the broker's platform and software in real-time but with little risk. This will allow you to test the software and see how easy it is. A high-quality broker in Philippines should make it as simple as possible for you. They shouldn't have to do a lot research nor set up multiple accounts before they let you start trialling their tools.

We currently have 22 Online Brokers that we think are the Top Brokers in Philippines

CFI MarketsAfluenta Peru SacBlitzbrokersonetradeBitfinexforexiteForexVoxBDSwissForex Clubfx choicehenyepBinancefibo grouptegasfxCorner TraderstoxmarketHantec MarketsInvast GlobalSpreadexmorgan stanley wealth managementfx privateBaker Young Stockbrokers
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Rating4.33/54.23/54.36/55.00/55.71/55.15/55.65/54.41/56.11/55.05/52.80/55.88/54.65/56.35/51.01/54.30/53.13/54.41/56.53/54.85/54.75/50.63/5
Minimum Deposit$100$0$1$250$100$250$0$500$100$250$250$100$250$250$250$250$1000$25000$1$250$250$200
Year Founded2012201319822011201520102019199420082016201020172019201718792010199019601999201220202017
HeadquartersCyprusPeruHong KongRussiaNew ZealandSwitzerlandUKMauritiusRussiaAustraliaCyprusJapanCyprusCyprusSwitzerlandDubaiUK, Hong KongAustraliaUKBelizeUSAAustralia
Regulated ByFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f??????r Finanzdienstleistungsaufsicht (BaFin)Financial Conduct Authority (FCA)Securities and Futures Commission (SFC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F290Financial Services Provider (FSP)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028UnregulatedCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F235Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F253UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F226Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F320UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F313Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F279Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239Unregulated
Clients10,000+10,000+10,000+142,500+10,000+10,000+10,000+10,000+10,000+10,000+10,000+1350000014,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+12,000,000+10,000+
Risk WarningLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Your capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesYesYesNoNoYesYesYesNoNoNoNoYesYesNoYesNoNoNoNoNoYesYes
Inactivity FeesYesNoNoNoNoYesNoNoNoYesYesNoNoNoYesYesNoNoNoYesNoNo
Deposit Fees1000125010025005001002502501002502502502501000250001250250200
CFD FeesYesNoNoNoNoNoNoYesNoNoYesNoYesNoNoNoNoNoNoYesNoYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoNoYesNoYesYesNoNoYesYesNoYesYesNoYesNoNoNoYesYesNo
Accepts SkrillNoNoNoYesNoYesYesNoNoYesYesNoYesYesNoYesNoNoYesYesYesNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoNoNoYesNoYesYesNoNoYesYesNoYesYesNoYesNoNoNoYesYesNo

Online Stock Trading In Philippines

Trading investments in Philippines is highly regulated and considered quite safe. But, conscious that any investment can go down as well as up, so your capital is at risk.

If you're just starting out with online trading then it is suggested to have a demo account first with a regulated agent so you are able to find out the strategies without the risk of losing money.

Live Forex Trading In Philippines

Forex is the greatest liquid financial market in the world with a daily financial exchange turnover of more than $5 trillion (BIS data April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange between two distinct countries and the following management of the resulting position where one currency gains and the other loses.

It is simple to do Live Forex Trading in Philippines using experienced online trading platforms

Live CFD Trading In Philippines

CFD trading is the buying and selling of contracts for difference via an online agent in Philippines. When trading CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Philippines

Spread Betting in Philippines is possible using professional online trading platforms like XTM or IC Markets. It is a simple bet as to whether the price will go up or down.  Often, the Philippines brokers will display the prices you have.

If you are looking at how to do spread betting in Philippines then it is advisable to start with a demo account with either XM or Trading212 so that you can practice with monopoly money before risking your own capital.

Trading Stocks in Philippines

Globally, Philippines is considered safe to do online trading and has access to other global financial centers. In Philippines, online trading platforms are highly regulated, professional and customer centric. 

However, it is always important to be as informed as possible so here we detail some of the most important things any trader should know:

The financial markets in Philippines are very mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Philippines.

The online trading apps used by brokers in Philippines are well tested and highly rated.

Whichever Online Trading Solutions in Philippines you decide to use, make sure they have all of the below:

  • User friendly platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Able to perform social trading
  • Professional online help or support

Challenges Of Using Online Trading Platforms in Philippines

The US Dollar is considered the base currency globally so even a little change in the US financial markets can affect the financial markets in Philippines. The EU is also a large market and changes there could affect the economic markets in Philippines.

Like all countries there are opportunities in Philippines financial markets but overall the prospects are good. However, like in all global economic markets we recommend that any Online Trading Platforms in Philippines you decide to use, make sure you do your homework first before risking your money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Philippines.  We hope that by reading this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Philippines

Is Forex Trading Legal In Philippines?

There is a growing misconception that trading Forex in Philippines is deemed unsafe. This isn't the case, Forex Currency trading in Philippines is quite active, safe and regulated.

Trading in Forex is allowed in Philippines as for any business to trade globally, foreign currency has to be exchanged. Whenever you buy something and it's shipped from overseas, there will be numerous currency exchanges by multiple businesses to receive that item to you.

The important thing is that if trading Forex in Philippines you pick one of the top online agents.

Do Forex Traders Pay Tax In Philippines?

Once a dealer is successful and their gains achieve a certain level then they can be taxed in Philippines as per the standard taxation rules.

Tax returns must always be registered even if there's a reduction. You should seek advice with a documented accountant in Philippines to ensure you are abiding with current regional laws since it's extremely determined by your personal circumstances.

Can You Trade Cryptocurrencies In Philippines?

Cryptocurrency markets in Philippines are rather new. As Cryptocurrencies work on decentralised assets in Philippines things like interest rate changes and political instability don't impact them as much as the fiat markets.

Cryptocurrencies are more popular with the centuries and with growing income amounts and technology adoption, trading cryptocurrency in Philippines is rising day by day. It is still modest in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Philippines?

Commodity trading in Philippines includes trading in things like precious metals, energies and agricultural commodities.

Some commodities like agricultural are seeing exponential growth inPhilippines.

Fast growing economies like India have a significant demand for many fundamental raw materials for their inhabitants. This means that countries like Philippines can take advantage of the situation.