After thoroughly testing different options, we have compiled a list of the top 5 MT 4 brokers in the Philippines.
These brokers are specifically chosen to take advantage of the country’s strong economy and the local preference for cutting-edge trading solutions. Read this comprehensive guide as we will discuss:
- Empowering Filipino Traders: MetaTrader 4 As A Gateway To Global Markets
- The 5 Best MetaTrader 4 Brokers in The Philippines
- Our Final Reflections On The 5 Best MetaTrader 4 Brokers in The Philippines
- Frequently Asked Questions About The 5 Best MetaTrader 4 Brokers in The Philippines
- Candice Barnes
10 Best Forex Brokers in the Philippines
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Empowering Filipino Traders: MetaTrader 4 as a Gateway to Global Markets
The Philippines has experienced strong economic growth, with an average annual rate of 6-7% since around 2010. This has created a positive environment for various financial activities, including Forex trading.
The growth we see is driven by a vibrant service sector, especially the business process outsourcing (BPO) industry. This industry employs a highly skilled workforce proficient in using advanced digital platforms such as MT4.
Remittances from overseas Filipino workers (OFWs) 2023 amounted to US$37.20 billion (or the equivalent in PHP), significantly contributing to the capital available for investment in Forex trading.
Also, the Philippines has strong trade connections with key markets like China, the United States, Japan, Hong Kong, and Singapore. Given the dynamics of exports and imports, this gives traders plenty of chances to participate in currency pair trading.
In terms of politics, the stable governance in the Philippines creates an atmosphere of investor confidence, which is essential for the growth of Forex trading.
The Philippine Securities and Exchange Commission (SEC) is important in regulating financial markets and ensuring brokers adhere to standards safeguarding traders. Emphasizing brokers who follow SEC regulations can help build trust among local traders.
The Philippines has a vibrant and tech-savvy population that is well-versed in digital and online trading tools such as MT4.
This demographic trend indicates the growing popularity of advanced trading technologies. Moreover, efforts to enhance financial literacy and raise awareness about Forex trading have also increased participation rates.
The Filipino culture’s strong emphasis on community and social interactions makes it a perfect match for brokers who provide social trading features on MT4. These features allow traders to engage in collaborative and shared trading experiences.
Overall, economic growth, political stability, a cultural affinity for technology, and current societal trends make the Philippines a great market for MetaTrader 4 trading.
Brokers can tap into these factors to offer localized support, engage with the community, and ensure regulatory compliance, making MT4 trading a compelling and practical choice for traders in the Philippines.
5 Best MT4 Brokers in the Philippines – Comparison
| 🔍Broker | 🫴🏻MT4 Brokers | 🚀Open an Account | 💴Minimum Deposit | ⬆️Leverage Options |
| 🥇Exness | ✅ Yes | 👉 Click Here | 586 PHP ($10) | Unlimited |
| 🥈AvaTrade | ✅ Yes | 👉 Click Here | 5,858 PHP ($100) | Up to 1:400 |
| 🥉HFM | ✅ Yes | 👉 Click Here | None, depending on your account choice | 1:2000 |
| 🏅IC Markets | ✅ Yes | 👉 Click Here | 11,716 PHP ($200) | 1:1000 |
| 🏆FxPro | ✅ Yes | 👉 Click Here | 5,858 PHP ($100) | 1:500 |
5 Best MT4 Brokers in the Philippines (2025)
- ☑️Exness – Overall, The Best MT4 Broker in the Philippines
- ☑️AvaTrade – Best Forex Broker for Beginners
- ☑️HFM – Best Affiliate Program
- ☑️IC Markets – Best Low Spread Broker
- ☑️FxPro – Best Mobile Trading App
Exness
Exness is a leading MetaTrader 4 broker for traders in the Philippines. They provide a smooth combination of advanced trading features and personalized support that meets the country’s specific socio-economic and cultural landscape.
Exness stands out for its exceptional customer support, a vital aspect in a country where more and more tech-savvy individuals are entering the world of Forex trading.
The Philippines has experienced remarkable economic growth, with an average annual rate of 6-7%. This has resulted in a vibrant trading environment.
Exness takes advantage of this by providing high-leverage options, enabling Filipino traders to take advantage of growing economic opportunities and increase their returns.
The country’s substantial remittance inflows, totaling US$37.20 billion (or the equivalent in PHP) in 2023, offer abundant capital for trading activities.
Overall Rating
- 4.9/5
Min Deposit
USD 5/ 292,18 PHP
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Traders interested in investing their remittance earnings will find Exness a highly accessible option, thanks to its low deposit requirements and flexible account options.
Due to their strong community orientation, Exness’s social trading features are a great fit for Filipinos. The broker’s integration with MT4’s social trading capabilities enables traders to easily follow and learn from experienced peers, creating a collaborative trading environment.
This feature is especially appreciated in the Philippines, where the emphasis is on collective decision-making and community support.
Overall, Exness provides a comprehensive trading experience on MT4 specifically tailored to meet the needs of the Filipino market. The Philippines is a popular choice among traders due to its advanced features, excellent customer support, and alignment with local economic and cultural factors.
If you’re looking to take advantage of the exciting trading opportunities in the country, we highly recommend Exness. It’s a great choice for both novice and experienced traders.
Key Characteristics
| 🌟Characteristics | 📌Details |
| ⌛SEC Philippine Regulation | None |
| ➡️Regulatory Compliance | FSA, CySEC, FSCA, CBCS, FSC, CMA, FSC BVI, FCA |
| 🫴🏻 Customer Support | 24/7 |
| 🗂️Account Types | Islamic, Standard, Standard Cent, Raw Spread, Zero, Pro and Social Accounts |
| ✏️Spreads | From 0.0 pips |
| ⬆️Leverage Options | Unlimited |
| 🔢 Currency Pairs | 100+ currency pairs available |
| 💴Minimum Deposit | 586 PHP ($10) |
| 💵Inactivity Fee | None |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, Indices, Commodities, Cryptocurrencies, Stocks |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Wide range of account types to suit different trading needs | Maximum leverage restrictions during news events and weekends |
| Swap-free options are available for major and minor currency pairs | Higher margin requirements for exotic pairs |
| Ultra-fast execution speeds in milliseconds | Limited leverage options based on account equity |
| Low and stable spreads, even during market events | Certain stop levels and protections are not available for all strategies |
| Stop Out Protection against Market Volatility | Margin requirements can change frequently |
AvaTrade
AvaTrade is an exceptional MetaTrader 4 broker that provides a range of features specifically designed to meet the needs of Filipino traders.
Our thorough testing and analysis show that AvaTrade offers a range of educational resources and a user-friendly platform, making it a great option for the Philippines. This is particularly important in a country where financial literacy and awareness are becoming increasingly significant.
The Philippines has experienced impressive economic growth and a thriving service sector, particularly in the BPO industry. As a result, a highly skilled and tech-savvy workforce is enthusiastic about delving into Forex trading.
AvaTrade takes advantage of this by offering a wide range of educational resources, such as webinars, tutorials, and a specialized trading academy. These resources are extremely helpful for Filipino traders who want to improve their trading skills and knowledge.
Overall Rating
- 4.8/5
Min Deposit
USD 100/5,900 PHP
Regulators
CBI, BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC
Trading Desk
AvaTrade WebTrader, AvaOptions, AvaTradeGO, MT 4, MT 5, AvaSocial, DupliTrade, ZuluTrade
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Regarding politics, the Philippines enjoys the advantages of having a stable government and regulatory oversight provided by the Philippine SEC.
AvaTrade’s commitment to international regulatory standards ensures that Filipino traders can trade with confidence and peace of mind, knowing that their security is a top priority. Ensuring compliance is crucial in a market where trust and reliability are paramount.
To summarize, AvaTrade is a great choice for traders in the Philippines due to its emphasis on education, user-friendly platform, and regulatory compliance.
This platform’s features are well-suited to the country’s economic, political, and cultural landscape, making it a great choice for a positive trading experience on MetaTrader 4. If you’re a Filipino trader looking to enhance your trading skills and achieve financial success, we highly recommend AvaTrade.
Key Characteristics
| 🌟Characteristics | 📌Details |
| ⌛SEC Philippine Regulation | None |
| ➡️Regulatory Compliance | CySEC, IIROC, CBI, BVI FSC, ISA, ASIC, FSCA, JFSA, KNF, FFAJ, ADGM |
| 🫴🏻 Customer Support | 24/5 |
| 🗂️Account Types | Islamic, Retail, and Professional Accounts |
| ✏️Spreads | From 0.6 pips |
| ⬆️Leverage Options | Up to 1:400 |
| 🔢Currency Pairs | More than 50 are available – including Major, Minor, and Exotic pairs |
| 💴Minimum Deposit | 5,858 PHP ($100) |
| 💷Inactivity Fee | $50 after 3 months |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, Bonds, Commodities, Cryptocurrencies, Treasuries, ETFs, Options, Metals, Indices, CFDs, Stocks |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Multiple platforms including AvaTradeGO, MT4, MT5 | The inactivity fee applies after 3 months |
| Extensive educational resources and trading tools | Limited customer support during weekends |
| Fixed and variable spreads available | A higher minimum deposit is required for certain accounts |
| Regulatory compliance in several jurisdictions | Withdrawal processing times can be lengthy |
| Supports automated trading and social trading | Limited leverage options for EU clients |
HFM
HFM (HotForex) is a standout MetaTrader 4 broker, providing a range of features tailored to meet the unique requirements of Filipino traders. Our analysis shows that HFM is an excellent choice in the Philippines due to its strong focus on security and diverse selection of trading instruments.
Filipinos are widely recognized for their ability to adapt and bounce back, which makes them a great fit for HFM’s flexible trading conditions. The broker offers low minimum deposit requirements and a range of account types to suit traders of all levels, whether beginners or seasoned professionals.
Filipino traders have the advantage of starting with small investments and then increasing them over time as they become more confident and experienced.
Overall Rating
- 4.8/5
Min Deposit
USD 0/ 0 PHP
Regulators
MT4, MT5, HFM Platform
Trading Desk
MT4, MT5, cTrader, FxPro Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
HFM’s social trading features on the MetaTrader 4 platform contribute to the strong sense of community in the Philippines. These features allow traders to easily track and imitate the strategies of successful traders, creating a supportive atmosphere that promotes learning and development.
HFM is a great choice for Filipino traders because of its strong emphasis on security, a wide range of trading instruments, and flexible conditions.
The comprehensive trading experience is enhanced by its alignment with the country’s economic growth, political stability, and cultural values. If you’re a trader in the Philippines, we highly recommend HFM as a secure and versatile trading platform.
Key Characteristics
| 🌟Characteristics | 📌Details |
| ⌛SEC Philippine Regulation | None |
| ➡️Regulatory Compliance | CMA, FSCA, DFSA, FSA, FSC, FCA, CySEC |
| 🫴🏻 Customer Support | 24/5 |
| 🗂️Account Types | Cent, Zero, Pro, Pro Plus and Premium Accounts |
| ✏️Spreads | From 0.0 pips |
| ⬆️Leverage Options | 1:2000 |
| 🔢 Currency Pairs | 50+ pairs available |
| 💴Minimum Deposit | None, depending on your account choice |
| 💷Inactivity Fee | 293 PHP ($5) after 6 months |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, Cryptocurrencies, Metals, Bonds, Commodities, Energies, Indices, Shares, ETFs |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Wide range of account types, including Micro, Premium, and Zero Spread | Overnight fees for positions held open |
| Comprehensive educational resources and webinars | Limited leverage for major currency pairs |
| Multiple deposit and withdrawal options | Higher spreads on some account types |
| Negative balance protection is offered | The high minimum deposit for premium accounts |
| 24/5 customer support | Limited CFD trading options compared to other brokers |
IC Markets
IC Markets is a premier MetaTrader 4 broker that offers a smooth trading experience tailored to the needs of Filipino traders. Our comprehensive review highlights IC Markets’ competitive spreads and excellent execution speeds, making it a top choice in the Philippines.
The Philippines’ rapid economic growth and expanding service sector create an ideal environment for Forex trading. IC Markets leverages this by offering some of the lowest spreads in the industry, ensuring that Filipino traders can maximize their profits.
The broker’s excellent execution speeds, facilitated by advanced server technology, are particularly beneficial in a fast-paced market, allowing traders to take advantage of fleeting opportunities.
The significant remittance inflows from overseas Filipino workers provide ample capital for trading investments. IC Markets’ low-cost trading environment, combined with high-leverage options, enables traders to optimize their investment potential.
Overall Rating
- 4.9/5
Min Deposit
USD 200/11,766 PHP
Regulators
ASIC, CySEC, FSA, SCB
Trading Desk
MT4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
This is crucial for Filipino traders looking to effectively utilize their remittance earnings in the financial markets.
Culturally, Filipinos are tech-savvy and increasingly turning to digital solutions for financial growth. IC Markets supports this trend with its user-friendly MetaTrader 4 platform, advanced charting tools, and automated trading capabilities.
These features cater to Filipino traders’ analytical and strategic mindset, enabling them to make informed trading decisions. IC Markets’ comprehensive educational resources and customer support also support the strong community orientation in the Philippines.
The broker’s webinars, tutorials, and 24/7 customer service ensure that traders can access the knowledge and assistance they need, fostering a supportive trading environment.
In summary, IC Markets’ competitive spreads, fast execution speeds, and powerful platform make it an excellent MetaTrader 4 broker for traders in the Philippines.
Its alignment with the country’s economic growth, political stability, and cultural affinity for technology provides a superior trading experience. We recommend IC Markets for Filipino traders seeking efficiency and reliability in their trading activities.
Key Characteristics
| 🌟Characteristics | 📌Details |
| ⌛SEC Philippine Regulation | None |
| ➡️Regulatory Compliance | ASIC, SCB, FSA, CySEC |
| 🫴🏻 Customer Support | 24/7 |
| 🗂️Account Types | cTrader Raw Spread, Raw Spread, and Standard Accounts |
| ✏️Spreads | From 0.0 pips |
| ⬆️Leverage Options | 1:1000 |
| 🔢 Currency Pairs | More than 64 available |
| 💴Minimum Deposit | 11,716 PHP ($200) |
| 💷Inactivity Fee | None |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, Stocks, Indices, Bonds, Commodities, Futures, Cryptocurrencies |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| True ECN trading environment | The high minimum deposit for some account types |
| Low latency and high-speed trade execution | Overnight fees on positions |
| Wide range of trading instruments | Limited customer support on weekends |
| A variety of platforms, including cTrader, MT4, MT5 | No fixed spreads, variable only |
| Supports scalping and high-frequency trading | Limited educational resources for beginners |
FxPro
FxPro is a leading MetaTrader 4 broker that offers a complete trading environment tailored to Filipino traders’ unique requirements.
After a thorough evaluation, we have found that FxPro offers a wide range of trading tools and provides strong customer support, making it an excellent option for those in the Philippines.
The Philippines has experienced significant economic growth, and its financial markets have become more sophisticated, making it an ideal environment for trading Forex.
FxPro offers diverse trading tools and analytical resources on the MetaTrader 4 platform. These tools are necessary for Filipino traders who want to make informed decisions and maximize their trading strategies.
Regarding politics, the Philippines enjoys having a stable government and strong regulatory oversight from the Philippine SEC.
FxPro’s commitment to international regulatory standards adds an extra layer of stability, providing Filipino traders with a secure and reliable platform. The broker’s dedication to following regulations and conducting trades ethically aligns with the local market’s focus on trust and dependability.
Overall Rating
- 4.7/5
Min Deposit
USD 100/ 3,860 PHP
Regulators
FCA, CySEC, SCB, FSCA, FSC
Trading Desk
MT4, MT5, cTrader, FxPro Platform
Crypto
Yes
Total Pairs
69+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Filipinos strongly appreciate ongoing learning and self-improvement, which aligns perfectly with FxPro’s commitment to providing a wide range of educational resources.
The broker provides many resources, such as webinars, tutorials, and market analysis, to help traders improve their knowledge and skills. Education plays a vital role in a market where financial literacy is rising.
To sum up, FxPro is a great choice for Filipino traders due to its wide range of trading tools, competitive spreads, and excellent educational resources. The Philippines’ economic growth, political stability, and cultural emphasis on education and community make it ideal for a well-rounded trading experience.
If you’re a trader in the Philippines looking for a MetaTrader 4 broker, we recommend FxPro. They offer a comprehensive range of services that can meet your needs.
Key Characteristics
| 🌟Characteristics | 📌Details |
| ⌛SEC Philippine Regulation | None |
| ➡️Regulatory Compliance | SCB, FSC, FCA, CySEC, FSCA |
| 🫴🏻 Customer Support | 24/5 |
| 🗂️Account Types | Standard, Pro, Raw+, and Elite Accounts |
| ✏️Spreads | From 0.0 pips |
| ⬆️Leverage Options | 1:500 |
| 🔢Currency Pairs | Numerous options of more than 70 – including Minor, Major, and Exotic pairs |
| 💴Minimum Deposit | 5,858 PHP ($100) |
| 💷Inactivity Fee | None |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, Cryptocurrencies, Futures, Shares, Metals, Energies, Indices |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Multiple trading platforms, including cTrader, MT4, MT5 | Higher spreads compared to some competitors |
| No dealing desk execution model | The inactivity fee applies after 12 months |
| Regulated by multiple authorities, including FCA, CySEC | Limited leverage for retail clients in the EU |
| Comprehensive market analysis and educational tools | The high minimum deposit for certain accounts |
| Supports algorithmic trading | Withdrawal processing can take up to 5 days |
Conclusion
Ultimately, our examination of the top MetaTrader 4 brokers for traders in the Philippines highlights the intricate relationship between various socio-economic, political, and cultural elements that influence the trading landscape in this thriving market.
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Frequently Asked Questions
What is MetaTrader 4, and why is it popular among Filipino traders?
MetaTrader 4 (MT4) is a widely used trading platform known for its user-friendly interface and powerful analytical tools. It’s popular in the Philippines due to its accessibility, extensive features, and compatibility with diverse trading strategies.
Can I trade Forex and other instruments besides currencies on MetaTrader 4 in the Philippines?
Yes, MT4 supports trading in Forex pairs, commodities, indices, and cryptocurrencies. This diversity allows Filipino traders to explore various markets and diversify their investment portfolios.
Does MetaTrader 4 offer mobile trading options for traders in the Philippines?
Yes, MetaTrader 4 platforms typically offer mobile applications for Android and iOS devices, enabling traders in the Philippines to manage their trades and observe the markets on the go.
How can I learn to use MetaTrader 4 effectively as a Filipino trader?
Many MetaTrader 4 brokers provide educational resources such as tutorials, webinars, and demo accounts tailored for Filipino traders. These resources help in mastering the platform’s features and improving trading skills.
What security measures do MetaTrader 4 brokers implement to protect Filipino traders' funds?
Reputable MT4 brokers in the Philippines implement stringent security measures such as SSL encryption, two-factor authentication, and segregated client accounts to safeguard traders’ funds and personal information.