Best Forex Brokers Philippines with Low Deposit 2026

Top forex brokers accepting Filipino traders with low minimum deposits from ₱280. GCash, Maya support, and instant withdrawals.

Sarah Chen

Written by

Sarah Chen

James Anderson

Fact Checked by

James Anderson

Last reviewed:
By:Sarah Chen
Fact-checked by:James Anderson

Top 10 Low Deposit Forex Brokers for Filipino Traders

The Philippines has a growing forex trading community seeking accessible brokers with low entry barriers. We've identified brokers offering deposits as low as ₱280-500, accepting GCash, Maya (PayMaya), and Philippine bank transfers. These brokers combine low minimum deposits with reliable international regulation and competitive trading conditions.

What is the minimum deposit for forex trading in Philippines?

Many brokers accept Filipino traders with deposits as low as ₱56-280. Exness, HFM, and Pepperstone offer zero minimum deposits. FBS accepts just ₱56 (~$1), while XM accepts ₱280 (~$5).

Low Deposit Requirements

Compare minimum deposits and accessibility for Filipino traders.

Broker
Exness₱0
XM₱280
HFM₱0
FXTM₱560
RoboForex₱560
AvaTrade₱5,600
OctaFX₱560
FBS₱56
Pepperstone₱0
IC Markets₱11,200

Detailed Broker Analysis

Recommended
Zero minimum with GCash and Maya.
4.6/5App Score

Exness is perfect for Filipino traders with zero minimum deposit and full GCash/Maya support. Instant withdrawals and spreads from 0.0 pips.

Forex spread classUltra-Low
Minimum deposit₱0
Inactivity fee₱0
Currency pairs107
Deposit methodsGCash, Maya, BPI, BDO, UnionBank
Withdrawal fee₱0
Recommended
Best education with GCash support.
4.5/5App Score

XM offers excellent educational resources including webinars and courses. ₱280 minimum deposit with GCash and Maya support.

Forex spread classLow
Minimum deposit₱280
Inactivity fee$5/mo
Currency pairs55
Deposit methodsGCash, Maya, Skrill, Bank Transfer
Withdrawal fee₱0
Recommended
Zero minimum with copy trading.
4.3/5App Score

HFM offers zero minimum deposit with HFCopy social trading. GCash and Maya support available for Filipino traders.

Forex spread classUltra-Low
Minimum deposit₱0
Inactivity fee$5/mo
Currency pairs53
Deposit methodsGCash, Maya, Bank Transfer, Crypto
Withdrawal fee₱0
Recommended
Popular in Philippines with instant GCash.
4.2/5App Score

OctaFX is very popular among Filipino traders with instant GCash and Maya deposits and withdrawals. No commission trading.

Forex spread classLow
Minimum deposit₱560
Inactivity fee₱0
Currency pairs40
Deposit methodsGCash, Maya, BPI, BDO, Bank Transfer
Withdrawal fee₱0
Recommended
Strong education with copy trading.
4.4/5App Score

FXTM offers excellent educational resources and copy trading via FXTM Invest. ₱560 minimum makes trading accessible.

Forex spread classLow
Minimum deposit₱560
Inactivity fee$5/mo
Currency pairs62
Deposit methodsBank Transfer, Skrill, Neteller
Withdrawal fee₱0
Recommended
Ultra-low ₱56 minimum deposit.
4.0/5App Score

FBS offers ultra-low ₱56 minimum deposit with GCash support. High leverage up to 1:3000 and cent accounts for micro-trading.

Forex spread classStandard
Minimum deposit₱56
Inactivity fee₱0
Currency pairs37
Deposit methodsGCash, Maya, Bank Transfer, Skrill
Withdrawal fee₱0
RoboForex logo
RoboForex
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Recommended
High leverage with instant withdrawals.
4.1/5App Score

RoboForex offers ₱560 minimum with high leverage up to 1:2000. Instant withdrawals via e-wallets and crypto.

Forex spread classUltra-Low
Minimum deposit₱560
Inactivity fee₱0
Currency pairs40
Deposit methodsSkrill, Neteller, Crypto
Withdrawal fee₱0
Pepperstone logo
Pepperstone
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Recommended
Pro-grade execution with zero minimum.
4.5/5App Score

Pepperstone offers zero minimum deposit with institutional-grade execution. Spreads from 0.0 pips on Razor accounts.

Forex spread classUltra-Low
Minimum deposit₱0
Inactivity fee₱0
Currency pairs97
Deposit methodsBank Transfer, Skrill, Neteller
Withdrawal fee₱0
AvaTrade logo
AvaTrade
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Recommended
Multi-regulated with excellent education.
4.3/5App Score

AvaTrade offers comprehensive education and multi-regulation. Higher minimum but excellent for traders ready to learn.

Forex spread classStandard
Minimum deposit₱5,600
Inactivity fee$50/qtr
Currency pairs55
Deposit methodsBank Transfer, Skrill, Neteller
Withdrawal fee₱0
IC Markets logo
IC Markets
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Recommended
Best for scalping with true ECN.
4.5/5App Score

IC Markets offers true ECN execution with spreads from 0.0 pips. Higher minimum but excellent for experienced traders.

Forex spread classUltra-Low
Minimum deposit₱11,200
Inactivity fee₱0
Currency pairs61
Deposit methodsBank Transfer, Skrill, Neteller, Crypto
Withdrawal fee₱0

Frequently Asked Questions

Many brokers accept Filipino traders with deposits as low as ₱56-280. Exness, HFM, and Pepperstone offer zero minimum deposits. FBS accepts just ₱56 (~$1), while XM accepts ₱280 (~$5).

Forex trading is legal in the Philippines, though not locally regulated. Filipino traders commonly use internationally regulated brokers (FCA, CySEC, ASIC) which provide investor protection.

Exness, XM, HFM, OctaFX, and FBS all accept GCash deposits for Filipino traders. Exness and OctaFX offer instant GCash processing with zero fees.

Yes! Exness, XM, HFM, OctaFX, and FBS accept Maya (PayMaya) deposits for Filipino traders. Processing is usually instant with zero deposit fees.

Some brokers like Exness, XM, and OctaFX support PHP deposits via GCash and Maya. Your account will typically be in USD, but deposits/withdrawals can be in PHP with automatic conversion.

XM is highly recommended for Filipino beginners due to low ₱280 minimum, excellent education, and GCash/Maya support. Exness is also great with zero minimum and instant withdrawals.

Most brokers accept deposits from major Philippine banks including BPI, BDO, Metrobank, and UnionBank. GCash and Maya are usually faster for deposits and withdrawals.

You can withdraw to GCash with Exness, OctaFX, and FBS for instant processing. Other brokers offer bank transfer withdrawals to Philippine banks within 24-48 hours.

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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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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 country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026