More about XM
Broker availability
Is XM Available in 🇵🇭 Philippines?
Yes — XM is available in Philippines
XM accepts clients from Philippines. Regulated by FSA & CySEC.
Availability last verified: October 2026
Broker availability in 🇵🇭 Philippines
166 / 341 brokers166 out of 341 brokers in our database accept clients from Philippines (49% availability). See all available brokers →
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XM vs alternatives in 🇵🇭 Philippines
| Regulator | FSA, CySEC | FCA, CySEC | FCA, ASIC | MAS, ASIC |
| Min. deposit | $5 | $100 | $100 | $100 |
| Spread from | 0.6 pips | 1 pips | 0.6 pips | 0.9 pips |
| Max leverage | 1000 | 500 | 500 | 400 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose XM in 🇵🇭 Philippines?
Min. deposit
$5
Spread from
0.6 pips
Max leverage
1000
BrokerRank score
3.85 / 5
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
- Strong educational resources
- Regulated by FSA & CySEC — legally available to Philippines residents under SEC Philippines & BSP
Trading conditions in 🇵🇭 Philippines
Regulated by SEC Philippines & BSP. Max forex leverage: Limited for retail. Permitted instruments: Stocks, Forex (licensed), Futures, Bonds. The BSP regulates forex dealers in Philippines. International brokers serve Filipino clients but in a grey area.
Other recommended brokers available in 🇵🇭 Philippines
Comparing XM with other brokers available to Philippines traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
About XM
Regulated by
FSA, CySEC
Headquarters
Limassol, Cyprus
Founded
2009
Min. deposit
$5
BrokerRank score
3.85 / 5
Markets
forex, stocks, cfd
Frequently Asked Questions
1Is XM available in Philippines?
Yes — XM accepts clients from Philippines. The broker is regulated by FSA and CySEC. You can open a live account directly through their website.
2What are the best alternatives to XM for Philippines traders?
Brokers we recommend in Philippines include ForTrade, FxPro, AvaTrade. All are verified to accept clients from Philippines and are regulated by reputable authorities.
3Can I use a VPN to access XM from Philippines?
Using a VPN to circumvent geo-restrictions violates XM's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in Philippines?
Yes — forex trading is legal in Philippines and regulated by SEC Philippines & BSP. The maximum permitted leverage for forex is Limited for retail. Only brokers licensed in Philippines or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Philippines?
Forex: up to Limited for retail. Stocks: up to 1:5. These limits are set by SEC Philippines & BSP and apply to all licensed brokers serving Philippines residents. The BSP regulates forex dealers in Philippines. International brokers serve Filipino clients but in a grey area.
6Which financial instruments can traders in Philippines access?
Traders in Philippines regulated by SEC Philippines & BSP can access the following instruments: Stocks, Forex (licensed), Futures, Bonds. The BSP regulates forex dealers in Philippines. International brokers serve Filipino clients but in a grey area.
7Which brokers accept clients from Philippines?
166 out of 341 brokers in the BrokerRank database accept clients from Philippines. Recommended options include ForTrade, FxPro, AvaTrade. You can see the full list on our Philippines brokers page.