Lowest Spread Forex Brokers in Philippines 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the lowest spread Forex brokers in Philippines based on our analysis:
- 1
XM - Best low spread Forex Broker in Philippines - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 2
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 3
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 4
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 5
- 6
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 7
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 8
- 9
xChief - A wide range of trading instruments. Availability of cent and PAMM accounts. Tight spreads and low commission per transaction. - 10
The spread is a key factor when selecting a Forex broker, as it has a direct impact on trading costs. Brokers offering lower spreads help traders reduce expenses and improve the overall cost-effectiveness of their trading activities.
Comparison of the Best Forex Brokers with Low Spreads in Philippines
| Broker | XM | AMarkets | Roboforex |
|---|---|---|---|
| Rating | 4.7/5 | 4.4/5 | 4.4/5 |
| Foundation Year | 2009 | 2007 | 2009 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Cook Islands, Comoros | Belize |
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| Trading Accounts |
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| Spread | from 0 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
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| Review | XM Review | AMarkets Review | Roboforex Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best Low Spread Forex Brokers in Philippines 2026
1. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
2. AMarkets
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
3. Roboforex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
4. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
5. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
6. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
7. Deriv
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
8. Admirals
The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
9. xChief
xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.
Pros and Cons of xChief
Pros
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Regulation in an offshore jurisdiction.
- Weak analytical section.
- No educational courses and webinars for beginner traders.
10. Grand Capital
Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.
Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.
Pros and Cons of Grand Capital
Pros
- Diversity of trading account types.
- Tight spreads.
- A wide range of trading assets.
- Multilingual support 7 days a week, 24 hours a day.
Cons
- It is not regulated by leading financial regulators.
- High swaps.
- Lack of MetaTrader alternatives.
What to Consider When Choosing a Low Spread Forex Broker in the Philippines
When choosing a low spread Forex broker in the Philippines, traders should go beyond advertised spread levels and evaluate several important factors that influence real trading costs, execution quality, and overall account convenience.
Regulation & Broker Trustworthiness
A reliable broker should operate under strong regulatory oversight. While the Philippines does not have a dedicated local Forex regulator comparable to major global authorities, most Filipino traders opt for brokers regulated by well-known institutions such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). Proper regulation improves transparency, ensures segregation of client funds, and offers an added layer of trader protection.
Spread Types & Commission Structure
Low spread brokers typically offer different pricing models, including:
- Raw / ECN accounts, with spreads starting from 0.0 pips and a fixed commission per trade, preferred by scalpers and active traders.
- Standard accounts, where trading costs are included in slightly wider spreads, often suitable for beginners and lower-frequency traders.
Comparing the broker’s total “all-in” trading cost is essential for an accurate evaluation.
Order Execution & Slippage Management
Tight spreads are only beneficial if orders are executed efficiently. Traders in the Philippines should focus on brokers that provide:
- STP or ECN execution models
- Fast order execution with minimal latency
- Effective slippage control during high-volatility periods
Trading Platforms & Account Flexibility
Top low spread brokers should support industry-standard platforms such as MetaTrader 4 and MetaTrader 5, offer advanced charting tools, and allow flexible position sizing. Reasonable leverage options and stable trading conditions are also important considerations for Philippine-based traders.
Non-Trading Fees & Additional Costs
To keep overall costs low, traders should also review non-trading charges. The best Forex brokers in the Philippines usually offer:
- Free or low-cost deposits and withdrawals
- No ongoing account maintenance fees
- Inactivity fees applied only after long periods of no trading
How We Selected the Lowest Spread Forex Brokers in the Philippines
Our ranking of the best low spread Forex brokers in the Philippines is based on a structured and impartial evaluation process aimed at identifying brokers that combine competitive trading costs with reliable and transparent trading conditions.
- The selection process begins with our global database of Forex brokers. Each broker is first reviewed according to core criteria, including overall reputation, operational history, financial stability, regulatory status, and long-term consistency in service quality.
- Brokers that pass the initial screening are then evaluated using our internal assessment framework. This analysis focuses on spread and commission transparency, order execution speed and reliability, platform performance, customer support quality, and overall stability under real market conditions.
- An essential requirement for inclusion was the broker’s ability to accept clients from the Philippines while operating under well-established regulatory authorities such as the FCA (UK), ASIC, or CySEC. Strong regulatory oversight promotes compliance, proper segregation of client funds, and a higher level of trader protection.
- Finally, particular weight was given to brokers that consistently offer spreads at or below the industry average. Lower spreads play a key role in reducing total trading costs and improving trading efficiency, especially for active traders, scalpers, and short-term trading strategies.
These criteria ensure that the Forex brokers featured on this page deliver a balanced combination of low trading costs, regulatory reliability, and high-quality trading conditions tailored to traders in the Philippines.
FAQ
What Is a Spread in Forex Trading?
A spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair. It represents the primary trading cost paid to the broker when entering a trade.
What Are Low Spread Forex Brokers and Why Do They Matter?
Low spread Forex brokers offer tighter bid–ask differences, which reduces trading costs. They are especially important for active traders, scalpers, and day traders who open many positions.
Which Forex Brokers Have the Lowest Spreads in the Philippines?
Brokers offering the lowest spreads in the Philippines are typically international brokers with ECN or Raw spread accounts, regulated by authorities such as the FCA, ASIC, or CySEC, and accepting Filipino clients.
Is There a Zero Spread Forex Broker in the Philippines?
True zero spreads are rare and usually available only on Raw or ECN accounts. In such cases, brokers charge a fixed commission per trade instead of widening the spread.
How Do Low Spread Forex Brokers Make Money?
Low spread brokers earn through trading commissions, markups on spreads (for standard accounts), swap fees, and non-trading fees such as withdrawals or inactivity charges.
What Is Considered a Low Spread in Forex?
A spread is generally considered low when it is below 1.0 pip on major currency pairs like EUR/USD under normal market conditions.
Which Forex Pairs Have the Lowest Spreads?
Major currency pairs such as EUR/USD, USD/JPY, GBP/USD, and USD/CHF typically have the lowest spreads due to high liquidity.
Are Low Spreads Better for Scalping and Day Trading?
Yes. Low spreads are crucial for scalping and day trading because they reduce entry costs and make it easier to profit from small price movements.
Which Low Spread Forex Broker Is Best for Scalping?
The best brokers for scalping usually offer ECN or STP execution, ultra-tight spreads, fast order execution, and minimal slippage.
Do Low Spread Brokers Charge Hidden Fees?
Reputable low spread brokers are transparent about their fees. However, traders should always review commissions, swap rates, and non-trading fees to avoid unexpected costs.
What Non-Trading Fees Do Low Spread Brokers Charge in the Philippines?
Common non-trading fees may include withdrawal fees, currency conversion fees, and inactivity fees, though many top brokers keep these costs low or waive them entirely.
How Is the Forex Spread Calculated?
The spread is calculated by subtracting the bid price from the ask price. For example, if EUR/USD is quoted at 1.1000 / 1.1002, the spread is 2 pips.
What Makes the Lowest Spread Forex Brokers Stand Out?
They combine tight and stable spreads with fast execution, transparent pricing, strong regulation, reliable platforms, and consistent performance during volatile markets.
Which Forex Brokers Offer the Lowest All-In Trading Costs?
Brokers with Raw or ECN accounts often provide the lowest all-in costs, as tight spreads combined with competitive commissions result in lower total trading expenses.
Is Forex Trading Suitable for Beginners in the Philippines?
Yes, Forex trading can be suitable for beginners if they choose regulated brokers, start with low-risk strategies, use demo accounts, and properly understand trading costs such as spreads and commissions.
