Finding a trustworthy broker is one of the most important steps for anyone trading online. Whether you’re a seasoned investor or just starting out, choosing the right platform can directly impact your trading experience and long-term results. In 2025, Filipino traders will have a wide selection of regulated international brokers offering low fees, powerful trading tools, and user-friendly platforms.
This guide ranks the top 10 brokers available to traders in the Philippines today. We’ve compared them based on regulation, fees, minimum deposit requirements, platform usability, and customer support—giving you the insights you need to pick the one that fits your goals.
From zero-commission brokers like XTB and OANDA to powerhouse platforms like Interactive Brokers and Swissquote, this list covers options for every type of trader. Whether you’re after global market access, high leverage, or an intuitive learning environment, you’ll find a broker here that meets your needs.
How to Choose the Best Broker in the Philippines
Choosing the right broker isn’t just about picking the most popular name—it’s about finding one that matches your trading style, goals, and risk appetite. Here are the key factors Filipino traders should consider when comparing brokers:
- Regulation and Security Always choose a broker that is regulated by a recognised financial authority. This ensures your funds are protected and the broker operates with transparency. For added peace of mind, look for brokers regulated in multiple jurisdictions, especially by bodies like the FCA, ASIC, or MAS.
- Trading Costs and Fees Pay close attention to spreads, commissions, and overnight fees. Some brokers offer zero-commission trading but compensate with wider spreads. Others have tight spreads but charge a flat commission per trade. Compare the overall cost of placing and holding trades before making a decision.
- Platforms and Tools Your trading platform is where you’ll be spending most of your time, so it needs to be reliable, fast, and packed with the features you need. Platforms like MetaTrader 4, MetaTrader 5, and proprietary tools like xStation and TWS each have their strengths. Make sure the platform fits your technical requirements and experience level.
- Range of Markets If you’re looking to trade beyond forex, check whether the broker offers CFDs on indices, stocks, commodities, or cryptocurrencies. A broader product range gives you more opportunities and helps diversify your trading.
- Account Types and Minimum Deposits Look for account types that align with your budget and trading volume. Some brokers let you start with as little as $0, while others require larger deposits for premium features. Beginners may want low-cost options, while advanced traders might prefer accounts with tighter spreads and higher leverage.
- Customer Support and Local Access Reliable customer support can make a big difference, especially if you run into issues with deposits, withdrawals, or trade execution. Ideally, choose brokers that offer support during your trading hours and provide assistance via live chat, phone, or email.
- Educational Resources If you’re new to trading, or just want to sharpen your strategy, pick a broker that offers high-quality learning materials. Webinars, video tutorials, and daily market analysis can help you grow as a trader and stay on top of the markets.
Top 10 Brokers in the Philippines (2025)
1. IUX
IUX has grown in popularity for its high leverage offerings and ultra-low-cost trading. Regulated by the FSCA and ASIC, it maintains a presence in multiple international markets. Filipino traders can open an account with as little as $30 and access leverage up to 1:3000, making it attractive for those looking to start small or trade aggressively.
IUX supports MetaTrader 5 and its own proprietary platforms, offering options for both traditional and automated strategies. Although spreads are among the lowest in the industry, mixed feedback on customer support and withdrawal reliability suggests some areas still need improvement.
2. Interactive Brokers (IBKR)
Interactive Brokers is a top choice for advanced traders in the Philippines looking for global market access. Regulated by the SEC and FINRA in the US, the FCA in the UK, and ASIC in Australia, IBKR offers one of the most secure trading environments globally. Filipino traders can access more than 150 international markets across 33 countries through its robust platforms like Trader Workstation (TWS) and IBKR Mobile.
The commission structure is highly competitive, especially for active traders dealing with multiple asset classes. While there’s no minimum deposit for cash accounts, margin accounts require at least $2,000. That said, its complex interface might pose a learning curve for beginners.
3. XTB
XTB is widely appreciated among Filipino traders for its intuitive interface and strong educational support. The broker is regulated by top-tier authorities including the FCA, KNF, CySEC, and FSC. With no minimum deposit required, it’s easy to get started. XTB’s proprietary platform, xStation 5, is known for being user-friendly while still offering advanced analytical tools.
Traders have access to a broad selection of instruments, from forex and indices to commodities and cryptocurrencies. Educational webinars, daily analysis, and a well-organised learning hub make XTB particularly appealing for newer traders. The main limitation is the lack of MetaTrader platform support, which may deter users who prefer more flexibility.
4. Swissquote
Swissquote stands out as a premium option for experienced traders who prioritise security and platform diversity. It’s regulated by FINMA in Switzerland, alongside other global authorities like the FCA, DFSA, SFC, and MAS. The broker has a reputation for institutional-grade infrastructure and a high trust score of 99 out of 99.
Traders in the Philippines can expect access to a broad suite of platforms, including MetaTrader and Advanced Trader. Swissquote offers a wide array of instruments ranging from forex and stocks to cryptocurrencies and ETFs. However, the higher minimum deposit requirement of $1,000 and elevated fees make it less suitable for entry-level traders.
5. MultiBank Group
MultiBank Group caters to traders who want access to a wide range of instruments under a tightly regulated environment. With licences from ASIC, BaFin, FMA, CNMV, DFSA, and more, MultiBank has a global footprint. Filipino users benefit from access to both MetaTrader 4 and 5, with account types tailored for various experience levels.
The minimum deposit starts at $50, offering accessibility, while high leverage and negative balance protection provide additional flexibility. Its trading conditions are ideal for high-volume and CFD traders. Still, the educational resources and analytical tools could be more comprehensive.
6. Admirals (Admiral Markets)
Admirals is a strong pick for traders in the Philippines who value in-depth market analysis alongside technical trading tools. The broker is regulated by the FCA, ASIC, CySEC, JSC, and FSCA, giving it a strong regulatory foundation. It supports MetaTrader 4 and 5, including its Supreme Edition, which enhances the platforms with custom indicators and plugins.
Admirals provides extensive research materials, from daily commentary to economic calendars and premium analytics. Minimum deposits vary by account type, with Invest.MT5 accounts starting from just $1. The onboarding process can be thorough, with detailed documentation required to verify client identity and trading intent.
7. OANDA
OANDA continues to appeal to beginner traders in the Philippines thanks to its ease of use and zero minimum deposit. With regulations in place from the FCA, CFTC, ASIC, MAS, and several others, it’s one of the most globally compliant brokers. OANDA’s proprietary trading platform is straightforward and integrates seamlessly with TradingView and MetaTrader 4. Filipino traders benefit from transparent pricing and the ability to start trading with fractional lots.
Educational resources and tutorials are well-crafted, making it a good stepping stone for those new to the forex market. On the downside, the product offering is somewhat limited compared to brokers with broader multi-asset coverage.
8. IG
IG is ideal for traders looking to access a wide spectrum of markets. The broker is regulated in multiple jurisdictions including the UK, Australia, US, Singapore, and more. Filipino users gain exposure to over 17,000 markets, from forex and stocks to indices, options, and cryptocurrencies. IG’s proprietary trading platform is packed with advanced features, and it also offers MetaTrader 4 for those who prefer a standardised interface.
The minimum deposit is $0 if funding via bank transfer, though card deposits require $250. While it doesn’t operate under Philippine regulation, the international access and strong compliance track record provide confidence for local traders accessing it abroad.
9. IC Markets
IC Markets is particularly well-suited to high-frequency and professional traders due to its low-cost structure and advanced technology stack. Regulated by ASIC, CySEC, and FSA, it offers access to raw spreads starting from 0.0 pips and ultra-fast execution speeds.
Filipino traders can choose from MetaTrader 4, MetaTrader 5, and cTrader, with VPS hosting available for automated strategies. The minimum deposit is $200, which is reasonable considering the institutional-grade services on offer. IC Markets is popular among scalpers and EA users, though it lacks some of the educational depth that other brokers provide for beginners.
10. Tickmill
Tickmill rounds out the list as a reliable and affordable broker for cost-conscious traders. Regulated by the FCA, CySEC, FSA, FSCA, and LFSA, it offers robust protection and competitive trading conditions. The minimum deposit of $100 gives access to both MetaTrader 4 and 5 platforms, with execution speeds that cater to active traders.
Spreads are tight, and the Pro account type offers zero spread trading with low commission. Filipino traders benefit from solid customer support and account transparency. The only limitation is a relatively narrower selection of tradable instruments compared to brokers offering more diverse portfolios.
Broker | Regulation | Minimum Deposit | Key Features |
Interactive Brokers | SEC, FINRA, FCA, ASIC | $0 | Global market access, advanced platforms |
XTB | FCA, KNF, CySEC, FSC | $0 | User-friendly platform, educational resources |
IUX | FSCA, ASIC | $30 | High leverage, low spreads |
Swissquote | FINMA, FCA, DFSA, SFC, MAS | $1,000 | Secure trading environment, diverse platforms |
MultiBank Group | ASIC, BaFin, FMA, CNMV, DFSA, FSC, others | $50 (Standard) | Variety of instruments, MT4/MT5 access |
Admirals | FCA, ASIC, CySEC, JSC, FSCA | $100 | Comprehensive market analysis, MT4/MT5 access |
OANDA | FCA, CFTC, ASIC, IIROC, MAS, FSA, FFAJ, BVI FSC | $0 | No minimum deposit, user-friendly platform |
IG | FCA, ASIC, CFTC, NFA, MAS, FMA, DFSA, JFSA, FSCA | $0 (bank transfer), $50 (card/PayPal) | Wide range of markets, advanced platforms |
IC Markets | ASIC, CySEC, FSA | $200 | Low spreads, high-speed execution |
Tickmill | FCA, CySEC, FSA, FSCA, LFSA | $100 | Low trading fees, MT4/MT5 access |
Final Thoughts
Choosing the right broker is about more than just regulation or fees—it’s about finding a platform that fits the way you trade. Whether you prefer advanced tools, low-cost execution, or easy-to-use features, there’s no shortage of options for Filipino traders in 2025.
Each broker on this list offers something different. Some are built for professionals who need precision and global reach, while others cater to those starting out and looking for simplicity. The key is to match the platform with your goals, experience, and risk comfort.
Take your time, compare the details, and try out demo accounts when available. The right broker can help you trade with more confidence and fewer surprises.
FAQ
Are online brokers legal in the Philippines?
Yes, online trading is legal in the Philippines. Many Filipinos use international brokers that operate under reputable global regulators. While some brokers are not registered locally, they are widely used and trusted due to oversight from regulators like the FCA, ASIC, and CySEC.
What markets can I access through these brokers?
Most brokers offer access to forex, indices, commodities, stocks, ETFs, and cryptocurrencies. IG and Interactive Brokers offer the broadest market coverage, while brokers like IUX and Tickmill focus mainly on forex and CFDs.
Is trading forex or stocks from the Philippines taxable?
Yes, income from trading may be subject to tax. It’s best to consult a licensed tax professional to understand your reporting obligations based on your residency and income type.
Who is the best trader in the Philippines?
There’s no official title for the “best” trader in the Philippines, but several Filipino traders have gained recognition for their skills, transparency, and education efforts. Marvin Germo is a well-known figure in local investing and trading circles, particularly for his work in financial literacy and stock market education. Other names often come up in trading forums and communities, but success in trading is highly individual and based on consistent performance, risk control, and discipline.
Finding a trustworthy broker is one of the most important steps for anyone trading online. Whether you’re a seasoned investor or just starting out, choosing the right platform can directly impact your trading experience and long-term results. In 2025, Filipino traders will have a wide selection of regulated international brokers offering low fees, powerful trading tools, and user-friendly platforms.
This guide ranks the top 10 brokers available to traders in the Philippines today. We’ve compared them based on regulation, fees, minimum deposit requirements, platform usability, and customer support—giving you the insights you need to pick the one that fits your goals.
From zero-commission brokers like XTB and OANDA to powerhouse platforms like Interactive Brokers and Swissquote, this list covers options for every type of trader. Whether you’re after global market access, high leverage, or an intuitive learning environment, you’ll find a broker here that meets your needs.
How to Choose the Best Broker in the Philippines
Choosing the right broker isn’t just about picking the most popular name—it’s about finding one that matches your trading style, goals, and risk appetite. Here are the key factors Filipino traders should consider when comparing brokers:
- Regulation and Security Always choose a broker that is regulated by a recognised financial authority. This ensures your funds are protected and the broker operates with transparency. For added peace of mind, look for brokers regulated in multiple jurisdictions, especially by bodies like the FCA, ASIC, or MAS.
- Trading Costs and Fees Pay close attention to spreads, commissions, and overnight fees. Some brokers offer zero-commission trading but compensate with wider spreads. Others have tight spreads but charge a flat commission per trade. Compare the overall cost of placing and holding trades before making a decision.
- Platforms and Tools Your trading platform is where you’ll be spending most of your time, so it needs to be reliable, fast, and packed with the features you need. Platforms like MetaTrader 4, MetaTrader 5, and proprietary tools like xStation and TWS each have their strengths. Make sure the platform fits your technical requirements and experience level.
- Range of Markets If you’re looking to trade beyond forex, check whether the broker offers CFDs on indices, stocks, commodities, or cryptocurrencies. A broader product range gives you more opportunities and helps diversify your trading.
- Account Types and Minimum Deposits Look for account types that align with your budget and trading volume. Some brokers let you start with as little as $0, while others require larger deposits for premium features. Beginners may want low-cost options, while advanced traders might prefer accounts with tighter spreads and higher leverage.
- Customer Support and Local Access Reliable customer support can make a big difference, especially if you run into issues with deposits, withdrawals, or trade execution. Ideally, choose brokers that offer support during your trading hours and provide assistance via live chat, phone, or email.
- Educational Resources If you’re new to trading, or just want to sharpen your strategy, pick a broker that offers high-quality learning materials. Webinars, video tutorials, and daily market analysis can help you grow as a trader and stay on top of the markets.
Top 10 Brokers in the Philippines (2025)
1. IUX
IUX has grown in popularity for its high leverage offerings and ultra-low-cost trading. Regulated by the FSCA and ASIC, it maintains a presence in multiple international markets. Filipino traders can open an account with as little as $30 and access leverage up to 1:3000, making it attractive for those looking to start small or trade aggressively.
IUX supports MetaTrader 5 and its own proprietary platforms, offering options for both traditional and automated strategies. Although spreads are among the lowest in the industry, mixed feedback on customer support and withdrawal reliability suggests some areas still need improvement.
2. Interactive Brokers (IBKR)
Interactive Brokers is a top choice for advanced traders in the Philippines looking for global market access. Regulated by the SEC and FINRA in the US, the FCA in the UK, and ASIC in Australia, IBKR offers one of the most secure trading environments globally. Filipino traders can access more than 150 international markets across 33 countries through its robust platforms like Trader Workstation (TWS) and IBKR Mobile.
The commission structure is highly competitive, especially for active traders dealing with multiple asset classes. While there’s no minimum deposit for cash accounts, margin accounts require at least $2,000. That said, its complex interface might pose a learning curve for beginners.
3. XTB
XTB is widely appreciated among Filipino traders for its intuitive interface and strong educational support. The broker is regulated by top-tier authorities including the FCA, KNF, CySEC, and FSC. With no minimum deposit required, it’s easy to get started. XTB’s proprietary platform, xStation 5, is known for being user-friendly while still offering advanced analytical tools.
Traders have access to a broad selection of instruments, from forex and indices to commodities and cryptocurrencies. Educational webinars, daily analysis, and a well-organised learning hub make XTB particularly appealing for newer traders. The main limitation is the lack of MetaTrader platform support, which may deter users who prefer more flexibility.
4. Swissquote
Swissquote stands out as a premium option for experienced traders who prioritise security and platform diversity. It’s regulated by FINMA in Switzerland, alongside other global authorities like the FCA, DFSA, SFC, and MAS. The broker has a reputation for institutional-grade infrastructure and a high trust score of 99 out of 99.
Traders in the Philippines can expect access to a broad suite of platforms, including MetaTrader and Advanced Trader. Swissquote offers a wide array of instruments ranging from forex and stocks to cryptocurrencies and ETFs. However, the higher minimum deposit requirement of $1,000 and elevated fees make it less suitable for entry-level traders.
5. MultiBank Group
MultiBank Group caters to traders who want access to a wide range of instruments under a tightly regulated environment. With licences from ASIC, BaFin, FMA, CNMV, DFSA, and more, MultiBank has a global footprint. Filipino users benefit from access to both MetaTrader 4 and 5, with account types tailored for various experience levels.
The minimum deposit starts at $50, offering accessibility, while high leverage and negative balance protection provide additional flexibility. Its trading conditions are ideal for high-volume and CFD traders. Still, the educational resources and analytical tools could be more comprehensive.
6. Admirals (Admiral Markets)
Admirals is a strong pick for traders in the Philippines who value in-depth market analysis alongside technical trading tools. The broker is regulated by the FCA, ASIC, CySEC, JSC, and FSCA, giving it a strong regulatory foundation. It supports MetaTrader 4 and 5, including its Supreme Edition, which enhances the platforms with custom indicators and plugins.
Admirals provides extensive research materials, from daily commentary to economic calendars and premium analytics. Minimum deposits vary by account type, with Invest.MT5 accounts starting from just $1. The onboarding process can be thorough, with detailed documentation required to verify client identity and trading intent.
7. OANDA
OANDA continues to appeal to beginner traders in the Philippines thanks to its ease of use and zero minimum deposit. With regulations in place from the FCA, CFTC, ASIC, MAS, and several others, it’s one of the most globally compliant brokers. OANDA’s proprietary trading platform is straightforward and integrates seamlessly with TradingView and MetaTrader 4. Filipino traders benefit from transparent pricing and the ability to start trading with fractional lots.
Educational resources and tutorials are well-crafted, making it a good stepping stone for those new to the forex market. On the downside, the product offering is somewhat limited compared to brokers with broader multi-asset coverage.
8. IG
IG is ideal for traders looking to access a wide spectrum of markets. The broker is regulated in multiple jurisdictions including the UK, Australia, US, Singapore, and more. Filipino users gain exposure to over 17,000 markets, from forex and stocks to indices, options, and cryptocurrencies. IG’s proprietary trading platform is packed with advanced features, and it also offers MetaTrader 4 for those who prefer a standardised interface.
The minimum deposit is $0 if funding via bank transfer, though card deposits require $250. While it doesn’t operate under Philippine regulation, the international access and strong compliance track record provide confidence for local traders accessing it abroad.
9. IC Markets
IC Markets is particularly well-suited to high-frequency and professional traders due to its low-cost structure and advanced technology stack. Regulated by ASIC, CySEC, and FSA, it offers access to raw spreads starting from 0.0 pips and ultra-fast execution speeds.
Filipino traders can choose from MetaTrader 4, MetaTrader 5, and cTrader, with VPS hosting available for automated strategies. The minimum deposit is $200, which is reasonable considering the institutional-grade services on offer. IC Markets is popular among scalpers and EA users, though it lacks some of the educational depth that other brokers provide for beginners.
10. Tickmill
Tickmill rounds out the list as a reliable and affordable broker for cost-conscious traders. Regulated by the FCA, CySEC, FSA, FSCA, and LFSA, it offers robust protection and competitive trading conditions. The minimum deposit of $100 gives access to both MetaTrader 4 and 5 platforms, with execution speeds that cater to active traders.
Spreads are tight, and the Pro account type offers zero spread trading with low commission. Filipino traders benefit from solid customer support and account transparency. The only limitation is a relatively narrower selection of tradable instruments compared to brokers offering more diverse portfolios.
Broker | Regulation | Minimum Deposit | Key Features |
Interactive Brokers | SEC, FINRA, FCA, ASIC | $0 | Global market access, advanced platforms |
XTB | FCA, KNF, CySEC, FSC | $0 | User-friendly platform, educational resources |
IUX | FSCA, ASIC | $30 | High leverage, low spreads |
Swissquote | FINMA, FCA, DFSA, SFC, MAS | $1,000 | Secure trading environment, diverse platforms |
MultiBank Group | ASIC, BaFin, FMA, CNMV, DFSA, FSC, others | $50 (Standard) | Variety of instruments, MT4/MT5 access |
Admirals | FCA, ASIC, CySEC, JSC, FSCA | $100 | Comprehensive market analysis, MT4/MT5 access |
OANDA | FCA, CFTC, ASIC, IIROC, MAS, FSA, FFAJ, BVI FSC | $0 | No minimum deposit, user-friendly platform |
IG | FCA, ASIC, CFTC, NFA, MAS, FMA, DFSA, JFSA, FSCA | $0 (bank transfer), $50 (card/PayPal) | Wide range of markets, advanced platforms |
IC Markets | ASIC, CySEC, FSA | $200 | Low spreads, high-speed execution |
Tickmill | FCA, CySEC, FSA, FSCA, LFSA | $100 | Low trading fees, MT4/MT5 access |
Final Thoughts
Choosing the right broker is about more than just regulation or fees—it’s about finding a platform that fits the way you trade. Whether you prefer advanced tools, low-cost execution, or easy-to-use features, there’s no shortage of options for Filipino traders in 2025.
Each broker on this list offers something different. Some are built for professionals who need precision and global reach, while others cater to those starting out and looking for simplicity. The key is to match the platform with your goals, experience, and risk comfort.
Take your time, compare the details, and try out demo accounts when available. The right broker can help you trade with more confidence and fewer surprises.
FAQ
Are online brokers legal in the Philippines?
Yes, online trading is legal in the Philippines. Many Filipinos use international brokers that operate under reputable global regulators. While some brokers are not registered locally, they are widely used and trusted due to oversight from regulators like the FCA, ASIC, and CySEC.
What markets can I access through these brokers?
Most brokers offer access to forex, indices, commodities, stocks, ETFs, and cryptocurrencies. IG and Interactive Brokers offer the broadest market coverage, while brokers like IUX and Tickmill focus mainly on forex and CFDs.
Is trading forex or stocks from the Philippines taxable?
Yes, income from trading may be subject to tax. It’s best to consult a licensed tax professional to understand your reporting obligations based on your residency and income type.
Who is the best trader in the Philippines?
There’s no official title for the “best” trader in the Philippines, but several Filipino traders have gained recognition for their skills, transparency, and education efforts. Marvin Germo is a well-known figure in local investing and trading circles, particularly for his work in financial literacy and stock market education. Other names often come up in trading forums and communities, but success in trading is highly individual and based on consistent performance, risk control, and discipline.
