Is Exness Legal in the Philippines?
Yes, traders in the Philippines can legally use this platform. While the company is not directly regulated by the Philippine SEC, it operates under several reputable international licenses, including:
- CySEC (Cyprus Securities and Exchange Commission)
- FCA (UK Financial Conduct Authority)
- FSCA (Financial Sector Conduct Authority of South Africa)
- FSC (Financial Services Commission of Mauritius)
This means Filipino users can access the platform through its international entities and trade CFDs on forex, cryptocurrencies, indices, stocks, commodities, and more.
What You Can Trade on Exness Philippines
Filipino traders have access to a wide selection of CFD instruments. Here’s a look at the available markets:
| Asset Class | Examples |
|---|---|
| Forex | EUR/USD, USD/JPY, GBP/USD |
| Cryptocurrencies | BTC/USD, ETH/USD, XRP/USD |
| Indices | US30, UK100, AUS200 |
| Stocks | Apple, Tesla, Amazon |
| Commodities | Gold, Silver, Oil |
Trading Platforms: Exness MT4 and MT5
Filipino users can trade using both Exness MT4 and Exness MT5, widely recognized platforms for CFD trading. Both platforms are compatible with desktop and mobile devices. Here’s a quick comparison:
| Feature | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
|---|---|---|
| Order Types | 4 Pending Orders | 6 Pending Orders |
| Indicators | 30 Built-in | 38 Built-in |
| Timeframes | 9 Timeframes | 21 Timeframes |
| Market Depth | Not Available | Available |
For those who prefer mobile trading, the Exness App and Exness Apk provide full trading functionality on Android and iOS devices.
Available Account Types for Filipino Traders
To meet different trading needs and experience levels, the platform offers several account types:
- Standard Account – suitable for beginners; low minimum deposit and spreads starting from 0.3 pips.
- Pro Account – designed for experienced traders; offers instant execution and lower spreads.
- Demo Account – allows risk-free practice with virtual funds.
Each account type provides access to all trading instruments and platforms, including Exness MetaTrader.
How to Register and Login
Getting started is simple. Here are the steps for Filipino users:
- Go to the official website and click on “Register.”
- Fill in your email and create a password.
- Select the Philippines as your country.
- Verify your identity with a government-issued ID.
- Make your first deposit through local payment methods.
Once registered, use the Exness Login page to access your account anytime via web, desktop, or mobile.
Deposit and Withdrawal Options in the Philippines
One of the key benefits for Filipino users is the availability of local payment systems. Here are the common options:
- Online banking (BPI, BDO, Metrobank)
- Gcash and PayMaya
- Credit/Debit cards
- Cryptocurrency wallets
Deposits are processed instantly in most cases, while withdrawals typically take a few hours to one business day. No commission is charged for deposits or withdrawals.
Why Filipino Traders Prefer This Platform
Here are some reasons why this CFD broker has gained popularity in the Philippines:
- Local support and Filipino language interface
- Access to both Exness MT4 and Exness MT5
- Flexible leverage (up to 1:2000 depending on the account)
- Wide range of instruments, including forex and crypto
- Fast and reliable trade execution
Security and Regulation Details
Filipino traders are protected by the broker’s multi-tier regulatory structure. Funds are held in segregated accounts, and negative balance protection is provided on all retail accounts. While not regulated locally by the SEC Philippines, the platform’s global licenses ensure responsible operation.
Helpful Features for Beginners
New traders in the Philippines benefit from:
- Free demo trading with no financial risk
- Educational resources and market analysis tools
- User-friendly mobile and web interfaces
- 24/7 customer support in English and Filipino
Additionally, the Exness Download center offers quick access to all available platforms — desktop, mobile, and WebTrader for seamless trading.
Filipino users can explore different strategies with the Demo Account before switching to live trading.
Final Thoughts
Exness Philippines gives access to global CFD markets through licensed platforms and localized support. With multiple accounts, flexible tools, and local payment options, it helps both new and experienced Filipino traders get started with greater confidence.