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Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
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Stockbrokers2026

Brokers by Country · PH

Stock Brokers in Philippines, 2026

Tracked byUpdated

The Philippines has a modest regulated retail derivatives market. SEC PH licenses local broker-dealers — COL Financial, BDO Securities, First Metro Securities, Philstocks — which provide access to PSE-listed equities. OTC retail FX/CFDs are NOT authorised under SEC PH; the BSP restricts speculative FX trading with offshore counterparties under foreign exchange regulations. International brokers — Exness, FBS, OctaFX, XM — onboard Filipino residents via offshore entities without local consumer protection.

4 / 4 brokers accept Philippines

stock

  1. Editorial top pick

    01Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full RoboForex details →

Country context

Regulator
SEC PH · Securities and Exchange Commission Philippines — supervises capital markets; BSP supervises banking and FX
Currency
PHP
Payment methods
GCashMayaBank transferVisa
Tax

Profits from PSE-listed equities are subject to a 0.6% stock transaction tax (final tax). Profits from offshore brokers are taxable as ordinary income at progressive rates up to 35% and must be self-declared via the annual return. The BIR (Bureau of Internal Revenue) requires reporting of overseas brokerage accounts; the AMLC oversees larger transactions.

Retail trading rules

No statutory retail OTC leverage cap because the OTC retail CFD industry is not authorised. Offshore providers commonly offer 1:500 to Filipino clients but operate without local recourse. SEC PH and the BSP publish regular alerts naming unauthorised platforms and Ponzi-style FX schemes targeting OFW (overseas Filipino worker) remittances. Outbound retail FX flows above USD 60,000 per year fall under BSP reporting requirements.

Frequently asked

Which brokers accept residents of Philippines?+

4 of 4 brokers in our ranking accept Philippines: Deriv, XM Group, Libertex, RoboForex.

Who regulates brokers for Philippines?+

Primary regulator: SEC PH — Securities and Exchange Commission Philippines — supervises capital markets; BSP supervises banking and FX.

What payment methods are available?+

Common methods: GCash, Maya, Bank transfer, Visa.

What are the tax rules for trading in Philippines?+

Profits from PSE-listed equities are subject to a 0.6% stock transaction tax (final tax). Profits from offshore brokers are taxable as ordinary income at progressive rates up to 35% and must be self-declared via the annual return. The BIR (Bureau of Internal Revenue) requires reporting of overseas brokerage accounts; the AMLC oversees larger transactions.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.