Best Forex Trading Brokers Allowed to Trade in Philippines (Found 10 training providers)

Find in the following cities :
1 Exness PH
Exness PH
3.67
Established in: 2008
Cities:
Reviews: 6
Reviews: 6 Read More
Exness Trading Company is active in the Forex market from 2008. You can earn up to $999 with tiny deposits. You have several options for opening an account dependent on your trader's requirements.
Pros:
• The currencies supported by the system include approximately 107 pairs.
• Lowest commissions on the market for forex.
• There are a variety of options available for trading accounts, each with different methods of charging commissions to novice traders and experts.
• Fast withdrawal methods and the deposit process.
• The account is home to more than 60 base funds.
Cons:
• Seychelles are not adequately protecting the rights and the interests of clients who are financial is a risk factor
• Analytical content and learning seem to be insignificant.
• A professional account should be able to make a minimum deposit.
2 HotForex PH
HotForex PH
3.6
Established in: 2007
Cities:
Reviews: 5
Reviews: 5 Read More
HotForex provides a range of trading tools and accounts that permit institutions and individuals to trade Forex online. Access to trading platforms that are automated and liquidity is available for all affiliates, retail customers as well as white label clients. HotForex offers clients a variety of options for accounts to ensure that they have the best one for their needs in trading. HotForex provides customers of all levels the tools and services they require to meet their trading goals.
Pros:
• Favorable trading conditions and low spreads -- starting at zero pip
• Multiple regulatory bodies oversee the subject
• No commissions on account replenishment or bank transfer
Cons:
• Terms of withdrawal do not always correspond to those specified.
• Clients can only use one account currency, so double conversion fees could be required for certain clients.
• There are limited options in electronic payment systems that allow for replenishment or withdrawal.
• The registration process is simple however, while it's still in process, you will not find out the rules for other kinds of accounts.
• Weekends are closed for customer support
3 IC Markets PH
IC Markets PH
3.33
Established in: 2017
Cities:
Reviews: 6
Reviews: 6 Read More
IC Markets' low prices and the ability to scale their execution make an excellent choice for traders who use algorithms. While it provides a wide range of third-party tools and plugins, IC Markets' education and research offerings aren't quite as great as those offered by industry-leading companies.
Pros:
• It is a secure broker (average risk) with regulatory status in one jurisdiction tier-1 and one jurisdiction tier-2. This makes it an acceptable broker to trade forex and CFDs.
• Competitive pricing for all account types, with low average spreads.
• Third-party research and trading plug-ins and trading tools make the IC Markets MetaTrader offer
• IC Markets' low-cost and efficient execution make the perfect choice for traders keen on running algorithms
• It has dramatically expanded its market coverage from the 204 symbol to 3500
Cons:
• no additional bonuses and contests for traders
• Some delays in payment for a couple of days
• Trails is one of the top Forex broker in terms of market research and educational content.
4 ForexTime PH
ForexTime PH
3.2
Established in: 2011
Cities:
Reviews: 5
Reviews: 5 Read More
FXTM was founded in 2011 and is a leader in trading online. FXTM provides financial markets to all regardless of their place of residence or financial objectives.
Our worldwide office network and regulations spans Europe, Africa, Asia. More than 3,000,000 clients have been drawn to our offices in 180 countries.
Pros:
• a wide range of trading accounts
• a large number of training tools
• the ability to use automated trading programs
• FXTM Trader is a brand new mobile trading application.
• a huge choice of trading instruments is available
• Four states have financial regulators who oversee the activities of brokers.
Cons:
• Copy trading is not available to invest in.
• the broker is closed on the weekend and Sunday.
5 Alpari Limited PH
Alpari Limited PH
3.0
Established in: 1998
Cities:
Reviews: 6
Reviews: 6 Read More
Our mission it to support our clients and grow the financial industry in every country that we serve is to help them succeed. Our services are always relevant and we continue to innovate. According to Chinese proverbs one step is enough to travel 1,000 m. This is the Alpari story. The company was founded by Alvaro Alpari in 1998. Since then, it has been an international brokerage for more than twenty years. Alpari Limited has been registered under the Registrar of International Business Companies (IBC2012) number 20389. Alpari is a member and a participant of the Financial Commission. They assist in resolving Forex Market disputes.
Pros:
• A wide range of trading accounts that cater to traders of different levels of expertise and goals.
• Support services for customers are efficient and high-quality work
• several ways to replenish your deposit and withdraw funds
Cons:
• The process of withdrawing funds takes place with a few delays
• commission compensation for deposits or withdrawals is only available to traders with VIP status
• Trading through the MetaTrader5 platform is only performed by traders with regular accounts. The Swap-free Forex Islamic accounts are only accessible to traders with MetaTrader4 accounts.
6 AvaTrade PH
AvaTrade PH
2.8
Established in: 2006
Cities:
Reviews: 5
Reviews: 5 Read More
AvaTrade is a reputable worldwide brand, is well-known for its extensive range of trading platforms. It has exceptional educational content, which earned it a Best-in-Class rating from Beginners in 2022. AvaTrade has been tried and has proven to be an effective tool for copy trading. It's also mobile-friendly and conforms to industry standards regarding pricing.
Pros:
• A high-quality, educational product is available through SharpTrader
• A wide range of trading platforms are available to satisfy your needs in trading.
• Broad asset selection and cross-asset diversification opportunities
• Well-regulated and trusted broker with oversight from a central bank
• AvaTrade Customer support team is available in multiple languages
Cons:
• Costs of trading are competitive, but no special
• High Inactivity Fees: $50 per Quarter
• Sometimes, withdrawals may take up to 10 business days
7 FP Markets PH
FP Markets PH
2.67
Established in: 2005
Cities:
Reviews: 6
Reviews: 6 Read More
FP Markets is a low-cost broker that allows you to trade CFDs and Forex using your MetaTrader platform is employed. The Iress platform suite includes more than 8000 trading symbols, but it is primarily an exchange platform for shares and is generally more expensive. FP Markets provides a flexible and economical MetaTrader option for CFD traders and Forex traders. The traders will not be able to access industry research or educational content.
Pros:
• Accounts can be opened fast and simple
• Rapidly complete withdrawal and deposit procedures
• Annual reports, accounts segregated and segregated
• Clients are assured about the services of an agent that is in compliance with the strictest regulations to protect investors.
• FP Markets offers consistent tighter spreads starting at 0.0 pips
• There are no deals desks, price manipulations or quotes that are re-quoted.
Cons:
• The product portfolio is somewhat limited
• The desktop and web platforms are not up to date.
8 OctaFX PH
OctaFX PH
2.4
Established in: 2011
Cities:
Reviews: 5
Reviews: 5 Read More
OctaFX provides a basic, inexpensive MetaTrader platform experience with its social copy-trading service. OctaFX hasn't made huge strides in pricing options but it does offer the most limited amount of trading instruments, as well as a variety of educational material. OctaFX also has a regulatory license.
Pros:
• MetaTrader 4, MetaTrader 5 and cTrader are the most well-known platforms for trading.
• Spreads as close as 0.6 pip and no broker-related non-trading charges for withdrawals or deposits of funds
•There are numerous options for trading that include the possibility of utilizing a copying service and access to asset.
• Available minimum deposit. You must deposit $100 to your account in order to trade.
• It is licensed to carry out brokerage activities by the Cyprus regulator CySEC
• More than 97% of all orders completed without slippage
Cons:
• Cryptocurrencies and CFDs are not able to be traded using cTrader accounts.
• There are limited choices for investments that can generate passive income.
• The payment options changes regularly
• The company's website doesn't disclose the amount of EPS commissions.
9 XTB PH
XTB PH
2.4
Established in: 2005
Cities:
Reviews: 5
Reviews: 5 Read More
XTB is a publicly traded stock exchange FX & CFD brokerage with more than 15 years experience. There are 13 offices in Europe, France, and Germany. XTB is dedicated to offering the best possible trading experience for its clients. These values are reflected within our fundamental values. Our goal is to help our clients become better investors. Our customer support team is available 24/7, 7 days a week. You can also access webinars and videos as part of our learning content. We also provide courses for novices as well as experienced investors.
Pros:
• a wide range of trading instruments
• Authorized by five regulatory bodies
• Multilingual website and customer service team
• Certain ETFs/stocks/ETFs come with low forex CFD costs and no commissions.
• Fast and free deposit and withdrawal
Cons:
• The demo account is accessible for just four weeks
• All analytical materials provided to the broker are only in English
• Non-European users cannot be eligible for bonus schemes
10 Pepperstone PH
Pepperstone PH
1.83
Established in: 2010
Cities:
Reviews: 6
Reviews: 6 Read More
Pepperstone provides a wide range of market options that can be traded with high-quality research and support for a variety of social trading platforms. It is compatible with MetaTrader and cTrader. Numerous third-party plugins are able to be added to the extensive range of platforms. The amount of EPS commissions is not stated on the company's website
Pros:
• Access to more than 61 forex pairs as well as more than 60 stocks CFDs
• Both cryptocurrency and forex traders can use leverage
• The range of tools for education is vast and courses that novices and experts can benefit from.
• Quick order execution - 30 ms on average
Cons:
• It is not currently available for U.S. traders
• There isn't a way to purchase directly bonds, stocks or mutual funds. only CFDs can be bought.
• You can trade without charge for one month on an account that is a demo

Forex Trading Brokers Training Courses with Reviews

Latest Reviews

ForexTime PH

Quinten
2022-08-31 17:21:37 UTC
This broker does nothing to harm the trader. I am 100% certain of this! I am constantly adding services to the list, even though there are many. I use quality analysis, calculators (there's a lot of these). I have the option to duplicate trades. What do you like most? I have not noticed any requotes. Spreads are at the broker's stated level. Very fast withdrawals to cards and credit at 1:33 seem high. Automated trading is something I sometimes try. The profit goes. A standard account will suffice if you do not have enough trading experience. Forex Time is honest and promising, I think.

ForexTime PH

Leon
2022-08-31 17:21:58 UTC
I tried to make a deposit. But the money didn't get transferred. And paypal doesn't refund me. They say they will work it out, but nothing happens! Anyone who is interested can see a screenshot and it will show that they are crooks.

ForexTime PH

Mara
2022-08-31 17:22:17 UTC
They stated that I cannot withdraw funds. However, they did say that I must send all required documents so I can withdraw the money. I have sent the documents and they have not been reviewed. Tech support replies that my data was "transmitted to the appropriate department. We will verify as soon and as possible." ForexTime, (FXTM), are scammers.

FP Markets PH

Ethan
2022-08-31 17:22:40 UTC
I was drawn to FP Markets by a variety of reasons. It may sound strange, but I don't just look at the terms and condition of a company when selecting companies. I pay attention to how the website looks and how the information is structured. There are many tools available. Licenses are available. Everything looks great at first glance. It will be difficult to tell if it is as attractive in practice.

FP Markets PH

Caroline
2022-08-31 17:22:59 UTC
You cannot withdraw from your account! I have waited for the transfer for over a month, but it should have happened much sooner. There are suspicions about me that I was being cheated. Trade itself was normal. After the withdrawal, however, there was something wrong.

FP Markets PH

Logan
2022-08-31 17:23:21 UTC
FP Markets could be called an average broker. There are some advantages, like ASIC (Australian regulator), which is a license. Additionally, the minimum deposit required to start a business is 100 AUD. I think such a minimum deposit acceptable.

FP Markets PH

Morgan
2022-08-31 17:23:37 UTC
I lost my money as per their advice. Although he said that it was up-to you, that decision is yours, and that the last word is always up-to you, he actually forced me. In short, don't trust them. I would not recommend FPMarkets.

FP Markets PH

Payton
2022-08-31 17:23:59 UTC
Stay away I placed a request on 23 March and have yet to receive my money. I have reached out to them many times. Each time, they said that the problem was being fixed and it would take some more days. Although it takes seconds to deposit money, why wait weeks for your withdrawal?

FP Markets PH

Audrey
2022-08-31 17:24:21 UTC
FPMarkets is a solid European broker who has been active on the market almost 15 years. I first became acquainted with the company when a trader friend recommended that I buy a bottomless bonus offer from this company. I withdrew $300. The company pays me on time

HotForex PH

Rita
2022-08-31 17:24:48 UTC
The company is excellent. I have no complaints regarding the quality of their service. They do not break any terms. Withdrawal is done promptly. I also have nothing negative to add about the platform. I have everything, even scalping. HFcopy also offers excellent autocopying services. It's a great service.

HotForex PH

Ronald
2022-08-31 17:25:04 UTC
This broker is normal. I transferred funds from HotForex to my bankcard. The money arrived within two days from the time I requested it. I did not experience any difficulties with the withdrawal of the funds. Sometimes, slippage can occur during order opening. These slippages are not important, but it is only a matter of a few pips. HotForex is something I have used for a very long time. I have never lost money.

HotForex PH

Cynthia
2022-08-31 17:25:29 UTC
HotForex's trading began with a rough start. I was losing my money and was blaming the broker. The customer support department told me to pay attention to training and to inquire. She also recommended which webinars I should be watching. HotForex staff was very helpful in this. My goodness, trading was easy. It's clear that this company cares about traders success. This makes the broker appear decent. I have not yet made any withdrawals so cannot comment.

HotForex PH

Thea
2022-08-31 17:25:49 UTC
HotForex, as with all European-regulated brokerages, has a major problem: small leverage. I trade with 1 to 100 to 1 to 200 leverage. Here, the leverage is only 1 to 30. It's not that much, unfortunately. Regulatory and reliability are even more important than small leverage.

HotForex PH

Susan
2022-08-31 17:26:08 UTC
HotForex wasn't something I believed in at the beginning. Actually, the company was founded to offer binary options. This preconceived notion made me skeptical about HotForex. However, it has been one year since I began trading here and my opinions have changed. HotForex can't be called a superbroker. I have no fear of it. I withdraw money from HotForex to webmoney quickly.

IC Markets PH

Tony
2022-08-31 20:01:22 UTC
This is the ultimate dilemma - with which deposit should I start trading)). In my opinion, whoever wants to trade with such a large amount of money and get started. In this situation, it is worth not complaining about the sinking. The minimum deposit is 5000$ for normal work. It's important to trust the broker. For example, ICMarkets I have $8000 deposit right now. I am not anxious, I withdrew more than once, everything is okay.

IC Markets PH

Scott
2022-08-31 20:01:50 UTC
IC Markets are a true Australian broker. It is licensed by the state so you can rest assured about the safety and security of your funds. The trader decides what the rest of it looks like. Three years ago, I opened a IC Markets account. I was able 2.5x increase my capital and 6x withdraw my profit. I have no doubts in my mind that the broker was reliable.

IC Markets PH

2022-08-31 20:02:00 UTC
Considered a reliable broker. ICMarkets was a company that I disliked initially due to the excessive advertising. After learning that my friend opened an account with ICMarkets, he received numerous bonuses. I followed in his footsteps, and it was a good decision. My feedback regarding ICMarkets – recommended for cooperation

IC Markets PH

Rosemary
2022-08-31 20:02:20 UTC
This broker is probably the worst I've ever dealt. They don't accept bank statement as proof of residence, unlike other brokers. They insist that I take a letter from the municipality proving my residency during this pandemic. They don’t pay much attention to what’s going on. He joined another broker.

IC Markets PH

Pierce
2022-08-31 20:02:37 UTC
I have placed over $50,000 with them. You will be disappointed to learn that their support team is not professional. They will not respond to you within 5-10 working days if there is a problem. If you have a withdrawal problem or your balance is low, it means that your order has not been received. They aren't caring that you put your hard-earned dollars in.

IC Markets PH

Selena
2022-08-31 20:02:58 UTC
This broker has been the most honest and professional that I have ever dealt. They have a team of highly skilled professionals who can quickly respond to even the most simple needs. I have been with this broker for five years. I wouldn’t switch to any other broker. Superb service, low spreads. I have received fast executions. This company is highly recommendable.