Best MT5 Forex Brokers in Philippines

Last updated March 22, 2026

The top regulated brokers offering MT5 accounts to Philippines traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
Rina Santos

Written by

Rina Santos

Edina Balazs

Fact Checked by

Edina Balazs

Top Shortlist for Philippines

#1
VT Markets
VT Markets
Review
#2
Exness
Exness
Review
#3
RoboForex
RoboForex
Review
Full Comparison
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Need a faster shortlist than reading every Philippines page?

Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:Rina Santos
Fact-checked by:Edina Balazs

Which MT5 forex brokers are available in Philippines?

Exness, XM, Vantage, RoboForex, Pepperstone and FBS offer MT5 accounts and accept Philippines traders. Each is regulated — see the table above for regulators and minimum deposits.

MT5 brokers for Philippines traders

Traders in Philippines should prioritise brokers that accept local clients and are regulated by a recognised authority such as SEC Philippines / BSP or a top-tier offshore regulator; deposits and withdrawals here are commonly handled in PHP or USD. Our current ranking starts with VT Markets where it is available, followed by Exness, RoboForex, and Vantage. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Country Offers

Available offers for Philippines traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

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FP Markets

ASIC (Australia)
Cashback / Rebate

Refer a Friend: Earn up to $200

Referral bonus pays $50-$200 after a friend funds and trades the required volume.

Verified May 24, 2026

VT Markets

ASIC
Welcome Bonus

100% Deposit Bonus + Free Telegram Signals

100% deposit bonus + free Telegram signals. Join @unshakabletraders — VT Markets registration link is pinned inside.

Verified May 24, 2026

RoboForex

FSC (Belize)
No-Deposit Bonus

$30 Welcome Bonus — No Deposit Needed

$30 welcome bonus for new verified accounts after a $10 card deposit on eligible MT4/MT5 accounts.

Verified May 24, 2026
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Free Telegram signals, copy-trading help, and automation support

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Risk note: Trading forex and CFDs involves significant risk. Past performance, screenshots, signal history, copy-trading results, and automation examples do not guarantee future results.

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Local conversion checklist

What Philippines traders should verify first

Regulation and legal status

Check SEC Philippines guidance, offshore entity disclosures, and whether the broker supports Filipino residents.

Local payment methods

Prioritize GCash, Maya, BDO, BPI, Metrobank, card, and bank transfer support.

Metro Manila has been the strongest conversion signal, so this page should keep local payment options and beginner-friendly CTAs visible.

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Key Features for Philippine Traders

BrokerLink
VT MarketsN/A$50Open
ExnessNone$10Open
RoboForexNone$10Open
Vantage$3.00/lot$50Open
FP MarketsN/A$100Open
BlackBull MarketsN/A$0Open

Interested in free trade signals while you research brokers?

Our signal community runs on VT Markets partnership access. Here is the full offer and activation process.

Get Free Signals → Join @unshakabletraders

Join @unshakabletraders on Telegram — free signals, copy trading guide, and daily updates

Signals are provided free through our VT Markets partnership. Join the community and the registration link is pinned at the top.

Best for traders who want free signals, 100% deposit bonus, copy trading support, and raw ecn pricing.

VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Deposit$50
SpreadRaw or ultra-low spread account available
Most popular forex broker in the Philippines.

Exness is extremely popular in the Philippines, offering instant GCash and GrabPay deposits/withdrawals, PHP accounts, and unlimited leverage options.

Deposit$10
SpreadLow
High leverage and diverse platforms.

RoboForex offers flexible leverage options and supports crypto deposits. Their CopyFX platform allows following successful Filipino traders.

Deposit$10
SpreadLow
Fast account opening and ECN access.

Vantage offers account opening in minutes and competitive spreads. Their RAW ECN account provides professional trading conditions for Filipino traders.

Deposit$50
SpreadLow
Best for ecn traders, scalpers & australian clients.

FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Deposit$100
SpreadRaw or ultra-low spread account available
BlackBull Markets
BlackBull Markets
Best for ecn traders & new zealand-based clients.

BlackBull Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView, BlackBull App access, 0.0 pips (ECN Prime) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Deposit$0
SpreadRaw or ultra-low spread account available

Frequently Asked Questions About MT5 Forex Brokers in Philippines

Frequently Asked Questions

Exness, XM, Vantage, RoboForex, Pepperstone and FBS offer MT5 accounts and accept Philippines traders. Each is regulated — see the table above for regulators and minimum deposits.
Beyond the MT5 feature, prioritise regulation, total trading cost (spread + commission), and withdrawal reliability. All brokers listed here are regulated and available to Philippines residents.
Traders in Philippines should prioritise brokers that accept local clients and are regulated by a recognised authority such as SEC Philippines / BSP or a top-tier offshore regulator; deposits and withdrawals here are commonly handled in PHP or USD.

Top Searched Questions

Which brokers offer MetaTrader 5 in 2026?

Most major forex brokers now offer MT5 alongside MT4. MT5 brokers worth considering provide: access to stocks, indices, and crypto CFDs alongside forex; the depth-of-market window for seeing liquidity; 21 timeframes vs MT4's 9; and the built-in economic calendar. Check if they support hedging mode.

What advantages does MT5 have over MT4?

MT5 offers: 21 timeframes (vs 9 on MT4), built-in economic calendar, depth-of-market, 38 technical indicators (vs 30), 44 analytical objects (vs 31), multi-threaded strategy tester, and access to exchange-traded instruments. MT5 uses MQL5 which supports OOP programming for more complex EAs.

Is MT5 better than other trading platforms?

MT5 excels at multi-asset trading (forex + stocks + crypto CFDs) and algorithmic strategy development. TradingView beats it for charting and social features. cTrader offers better Level II pricing. MT4 has a larger EA library. Choose MT5 if you need multi-asset access with strong automation capabilities.
Information automatically localized based on "mt5 brokers" and related trends.

Sources & References

  1. SEC
  2. FCA
  3. CySEC
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.