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PMT Forum's MOST POPULAR Discussion Boards => Forex Trading and Investing => Topic started by: poojim on Nov 25, 2011, 03:54 PM

Title: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Nov 25, 2011, 03:54 PM
A new thread has started about Admiral Markets Philippines already by its representatives so I change the theme of this thread.. Let's just discuss all a forex broker in the Philippines here. To summarize it up, they are the following:

1.) Admiral Markets
Unit 4c, Ayala Tower One and Exchange Plaza
Ayala Avenue,
Makati City
Email: manila@admiralmarkets.com
Tel. +632-919-0159
FAX: +632-919-0159 ext. 88
Sales/Marketing: +632-379-3560

2.) Easy-Forex
Level 12, Robinsons Summit Center
6783, Ayala Ave.,
1226 Makati City, Philippines
Tel: +63 (0)2 479-1828
Fax: +63 (0)2 479-1555

3.) GKFX Philippines
Rufino Pacific Tower
Ayala Avenue cor. V.A. Rufino St.,
Makati City, Philippines
+632 392 3205
+63948 123 111

4.) Tullett Prebon (Philippines) Inc.
25th Floor Rufino Pacific Tower
6784 Ayala Avenue
Makati City
Philippines
Tel: +632 860 7600
Fax: +632 811 0697

5.) Millennium Glory International
2502A West tower ( Tektite )
Phil. Stock Exchange Bldg.
Exchange Rd, Ortigas, Pasig City
2986380 to 84 , 09239712888 / 09167759289 / 09463990643
www.mpf.co.id

6.) Professional Diligence Foreign Exchange Inc
27th Floor PBCom Tower, Ayala Ave. cor. Rufino St., Makati City
+63-927-954-3346 / +63-923-445-0541

7.) Hall Gold Business Consultants, Inc. (Zone Equity)
Unit 2501, 88 Corporate Center Bldg.,
141 Valero St. cor. Sedeno St., Salcedo Village,
Makati City 1226 Philippines
Telephone: +632-659-5565
Fax: +632-812-8543

8.) GFI Group
Unit 4B 23rd Floor Tower 2 The Enterprise Center
6766 Ayala Avenue cor Paseo de Roxas
Makati City, Philippines 1226
Telephone: + 63 2 662 8900

9.) MyFinancialBet

10.) Land Prime Ltd
Unit 501, Caresma Building,
#50 Polaris Street, Makati City,
Metro Manila, Phillippines
Telephone: +(63) 2-856-0369

11.) Private Scandinavian Sparkasse Global Processing Center
9th Floor Marajo Tower,
26th St. Fort Bonifacio Global City,
Taguig, Philippines
(BPO - call center only)

12.) MetisEtrade, Inc.
9th Floor, Marajo Tower,
26th Street corner 4th Avenue,
Fort Bonifacio Global City, Taguig 1634
Email: support@metisetrade.com
Telephone: +632-799-9358 (CS), +632-799-9357 (Sales)

13.) Eastern Markets
40th Floor PBCom Tower
6795 Ayala Ave. cor V.A.
Rufino St. Makati City Philippines
Email: info@easternmarkets.com
Telephone: +63 0917 462 3716, +63 0998 431 9693


I won't be deleting the old thread which is this one:
Quote
Hello! Ako Budoy! Hehe...

Just wanted to update you guys that an international forex broker, Admiral Markets has opened an office here in the Philippines located at Ayala Tower One and Exchange Plaza. Actually I think this is the first forex broker that sees trading opportunities and invested here in the Philippines so I don't see any reason for us not to support it.

Anyway, I think it's okay to have some few brokers in the list. Even I am a member of Instaforex, LiteForex, and FBS but I also think this one deserves our support. But I'm gonna try IkoFx next year too!


Admiral Markets po pala accepts minimum of $10 and is regualted by FSA and MiFID. Actually they are hiring in Jobstreet for director of the Philippine office.

Siya nga pala, hindi ako representative nito ha... nag iinform lang hehe... Just in case, you would prefer a promo/affiliate code, mine is:1386


Regards,
Jim  :D
Title: Re: Forex Broker Sa Pinas
Post by: bajoyjoy on Nov 25, 2011, 04:13 PM
Actually I think this is the first forex broker that sees trading opportunities and invested here in the Philippines so I don't see any reason for us not to support it.
really? no reason not to support it? you make it sound like they are doing charity work or save the environment projects that needs our support. lol. i think there are more reasons for resistance than for support, lol. with pun intended.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Nov 25, 2011, 05:05 PM
really? no reason not to support it? you make it sound like they are doing charity work or save the environment projects that needs our support. lol. i think there are more reasons for resistance than for support, lol. with pun intended.



hehe lol. why resistance?

By the way, the PH version of the site is AdmiralMarkets.ph
Title: Re: Forex Broker Sa Pinas
Post by: bajoyjoy on Nov 25, 2011, 05:17 PM
for one, because forex trading (via online forex market platforms) is not regulated in the philippines. did u know that some of the biggest scams 4 or 5 years ago were forex trading brokers kuno, namely PFEC (http://www.pinoymoneytalk.com/nbi-raids-pfec-philippine-office/), PIPC (http://www.pinoymoneytalk.com/pipc-scandal/), etc?

well, now u know.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Nov 25, 2011, 05:26 PM
yep you're right! I've been aware of it a long time ago since it has been a long time that I've also been searching FX brokers here in the Philippines. Pero tingin ko naman mas established naman tong AM kesa sa mga yun, Ilang years  na kasi toh kaso ngayon lang nag open saten. Tsaka my international branches din ba yung mga yun?

Siya nga pala, oo ikoconvince ko sila gumawa ng project, takbo para sa kalikasan. Pag tumakbo tayo, gaganda ang kalikasan hehe... kaya support it.. hehe... kiddin'
Title: Re: Forex Broker Sa Pinas
Post by: bajoyjoy on Nov 25, 2011, 05:31 PM
ikaw ba may investment jan? iinvite mo ba buong family mo na magjoin at suportahan yan by investing dahil according to you:

"tingin ko naman mas established naman tong AM kesa sa mga yun, Ikang years  na kasi toh kaso ngayon lang nag open saten"

pag nag-invest ka/sila at kumita nga, then credible ka na siguro mag-endorse ng ganyan.. watchutink?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Nov 25, 2011, 05:38 PM
ikaw ba may investment jan? iinvite mo ba buong family mo na magjoin at suportahan yan by investing dahil according to you:

"tingin ko naman mas established naman tong AM kesa sa mga yun, Ikang years  na kasi toh kaso ngayon lang nag open saten"

pag nag-invest ka/sila at kumita nga, then credible ka na siguro mag-endorse ng ganyan.. watchutink?

Uo naman.. abah ndi akoh nag iinvite ng family, hindi nga nila alam na nagtetrade ako eh... hehe... Tsaka hindi ako malakihan pag nagtetrade, sabi nga nila invest only what you are ready to lose. Regarding naman sa profitability, hindi broker ang may kakayahang makagawa nyan, kundi ang trader mismo. Kahit saang broker ka pa, abay ikaw ang may kakayahng maging profitable... hehe... at sa trading, uo kumikita ako pero hindi pang full time ang dating hehe.
Title: Re: Forex Broker Sa Pinas
Post by: vicces on Nov 25, 2011, 06:17 PM
Why not share the screenshot of ur platform and ur account.. ung live account hindi demo ha.. Then make a full review of all its features  and why u think its better than the more eatablished and reputable international fx brokers. Maybe people will get interested lalo na ung mga di satisfied sa current brokers nila.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Nov 25, 2011, 06:45 PM
Why not share the screenshot of ur platform and ur account.. ung live account hindi demo ha.. Then make a full review of all its features  and why u think its better than the more eatablished and reputable international fx brokers. Maybe people will get interested lalo na ung mga di satisfied sa current brokers nila.

actually yan nga talaga ang sasabihin ko kaso wla pang nagrereply. Pwede ba ipost yung shot ditoh? Cgeh ipopost ko yung screenshot koh. pero ndi na q magrereview kase kahit pinromote koh, more of informative naman yung reason ko ditoh sa post q. Kase nga may nakita na din naman akong thread na naghahanap ng fx broker ditoh sa pinas...

(http://oi44.tinypic.com/214d1lf.jpg)

Lahat nga pala nung trading acct. ko, wla akong aqng investment jan. Lahat nakuha q lang sa bonus. Kaya hindi moh talaga kailangan ng kapital para magsimula. Yung AM namimigay nag 50EUR demo na magiging live pag nagawa mong doble ang balance moh. :)


Bat anliit? Senxa na hindi ako sanay magpost ng screenshot. Right click > "copy image url" > post it to browser para lumaki, o kaya open image in new tab.
Title: Re: Forex Broker Sa Pinas
Post by: jerbersoftfx on Nov 25, 2011, 07:58 PM
forex broker in the philippines? Easy Forex (http://www.easy-forex.com or http://classic.easy-forex.com/en/) has an office here sa pinas.

details below:

Level 12, Robinsons Summit Center
6783, Ayala Ave.,
1226 Makati City, Philippines
Tel: +63 (0)2 479-1828
Fax: +63 (0)2 479-1555

kahit may local presence sila, i still dont feel to open a live account with them. hehehe.
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Nov 25, 2011, 08:10 PM
about Admiral..
nagtataka lang ako bakit walang news (within their website) na may local branch na sila.

at base sa pagiging active ko sa int'l FX trading forum since 2009, halos wala/hindi ko nakitang nabanggit/napagusapan yang broker na yan. (same with easy forex)

saka balewala naman yang local offices.
it doesn't prove legit/reliable sila.



Sir poojim,
ano purpose ng pagpost mo ng screenshot?

kung wala ka kapital or maliit kapital mo sa trading, sa tingin mo kelan ka realistically will live off of your trading account? realistically speaking ,matagal.
Title: Re: Forex Broker Sa Pinas
Post by: jerbersoftfx on Nov 25, 2011, 09:16 PM
^ agree ako jan bosing. even may local presence sila, doesnt make them legit (if they are scammers). besides, i dont feel opening up an account with easy forex ever since. re: admiral markets, ngayon ko lang din nabasa/narinig yan, so i am still cautious with them.
Title: Re: Forex Broker Sa Pinas
Post by: vicces on Nov 25, 2011, 09:21 PM
@poojim screenshot of the platform dapat, to give us an idea kung ok ba interface nila,kung userfriendly etc... then ur review is important, lalo dun sa mga fees, spreads, slippage, customer service, etc in comparison to big brokers...
Title: Re: Forex Broker Sa Pinas
Post by: jerbersoftfx on Nov 25, 2011, 09:24 PM
since this thread is about forex brokers in the philippines, let me add Tullett Prebon to the list. below is their address and contact.

Manila
Tullett Prebon (Philippines) Inc.
25th Floor Rufino Pacific Tower
6784 Ayala Avenue
Makati City
Philippines
Tel: +632 860 7600
Fax: +632 811 0697

website: http://www.tullettprebon.com

looks like this broker is legit but i dont think they are open for retail traders like us. baka institutional clients lang inaaccept nila.
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Nov 25, 2011, 09:42 PM
^Sir jerbersoftfx,
may nabasa na ko tungkol jan dati.
never ko pa nga narinig/nabasa na pang retail sila.
saka parang wala na yung branch nila dito satin, IIRC.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Nov 26, 2011, 01:17 AM
"Sir poojim,
ano purpose ng pagpost mo ng screenshot?
kung wala ka kapital or maliit kapital mo sa trading, sa tingin mo kelan ka realistically will live off of your trading account? realistically speaking ,matagal."

Sir, wag mo na kong tawaging sir 21 pa lang ako at di pa ko nagtatrabaho kaya hindi ako sanay hehe. kasi tinatanong ni viccess.. Actually nagtataka din ako kung bakit wala pa sa news nila, nagulat na lang din ako nung makita ko yung philippines site tsaka jobstreet ad eh. Wala naman akong plano mag full time kasi ditoh, extra lang kaya okay lang. Tsaka I don't plan to leave trading. With small amount, you can make it quadruple in just one trade.


- May website ba tong Tullett Prebon (Philippines) Inc.? Tama, hindi naman porke may office ditoh hindi na scam eh. Pero normally pag scam naman ang isang business hindi ito magtatagal parang PTC.


@vicces, trader ka din ba? Bakit parang ndi mu pa nakikita ang MT4 platform? Halos pare pareho naman ng platforms ang mga brokers eh. (HALOS lang). dun sa speed mabilis ang dealing nila. Live account pu yan. Kung demo yan malamang maraming zeros yan kase ang demo usually nasa 10k - 100k ang starting at kung ganon ang capital ko, I would trade 1 lot or higher per position.


to all,

Everyone, as I've said I'm more of informative pero since may Easy-Forex na din pala sa Philippines, let's support na din. Baka mapunta kayo o member kayo sa ibang forex forums yun lang. Nag-invest kasi sila sa Philippines kahit hindi maganda ang economy naten. If you'll notice sa ibang brokers, they are more likely to have branches in richer Asian countries like Indonesia, Singapore, Malaysia, and HongKong.

Hindi naman sa pinupuri ko tong AM, actually may issue to in the past na medyo late at tsaka iba yung hitsura ng candle patterns sa ibang broker. Pero nung maging regulated na, okay na tsaka mabilis din. Cguro nga hindi nyo to naririnig masyado kase ngayon lang sila nag offer ng MoneyBookers, wla silang payment processors na ginagamit eh di ba common na ngayon yung mga processors like Paypal, LibertyReserve, AlertPay, Neteller, OKPay etc. Pansinin nyo na ang mga pinopromote sa internet puro gumagamit ng payment processors. To be honest hindi ko din alam kung anong trading strategy and okay sa kanila, hindi naman kase ako scalper kaya safe ako.

Meron din silang weekly webinar kasisimula lang netong Miyerkules, 2:00 kaya napuyat aq hehe.. Introduction to forex market yung last topic. Next topic MT4 and Trading Basics at Wednesday 28th of November, from 14-00 till 15-00 CET. Oh di ba may free course pa sila hehe...


Yun lang poh. Pwede naman po kayong mag trade ng libre, maraming no deposit bonuses jan eh wla namang mawawala pag nagkaton. Sana poh nasatisfy ko mga tanung nyo. Bihira lang ako magpost sa forums eh. May website kasi ako, nagkataon lang downtime yung hosting ko kanina kaya napatambay. Kaya baka matagalan ulit ako makapagpost, pero reader ako dito sa forum. Pag kailangan nyo ko, bisitahin nyo lang aq dun poojim.com, madaming bonus dun, andun din young mga spread tsaka ibang details sa broker page. hehe...
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Dec 01, 2011, 12:06 AM
wow, this is news to my ears, but honestly its worth a shot. I might check'em as well. parang MLM lng yan, yes nag simula sya as a raket date na madaming nalugi at sabi nila scam. I know people in their early 20's earn 5-6 digit figures a week. siguro bukod lng sa pagiging trader, nkakatuwa din na nagiging open ang pinas sa ganto. kesa po lagi nlng tayo nahuhuli. :) sharing my thoughts while surfing the forum :)
Title: Re: Forex Broker Sa Pinas
Post by: Synapse on Dec 01, 2011, 01:00 PM
@Sir Papito

"I know people in their early 20's earn 5-6 digit figures a week. siguro bukod lng sa pagiging trader"

wow! 5-6 figures just because of trading forex po bosing? ok na ok ah!
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Dec 01, 2011, 05:35 PM
wow, this is news to my ears, but honestly its worth a shot. I might check'em as well. parang MLM lng yan, yes nag simula sya as a raket date na madaming nalugi at sabi nila scam. I know people in their early 20's earn 5-6 digit figures a week. siguro bukod lng sa pagiging trader, nkakatuwa din na nagiging open ang pinas sa ganto. kesa po lagi nlng tayo nahuhuli. :) sharing my thoughts while surfing the forum :)

mukhang pareho tayo ng thoughts papito hehe... Tsaka andami na din nyang office tsaka ang dami na ding regulation. Andami pang bonus. Ang Alpari may bonus din ngaun nasa $200, 20 lots required to trade.
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Dec 05, 2011, 10:44 PM
@Sir Papito

"I know people in their early 20's earn 5-6 digit figures a week. siguro bukod lng sa pagiging trader"

wow! 5-6 figures just because of trading forex po bosing? ok na ok ah!

I was talking about MLM sir, hehe or mas kilala sa pangalan pyramiding. at ung figure is in peso. and these are actual people that i know, though di ako nag gaganun coz there is a twist to it thats a bit complicated! but by just thinking about it, its not impossible to do the same with different opportunities now a days, specially in forex trading. :)



@poojim: alpari may office na dito? question lng sana sir, sinu ang partner (local) ng AM dito sa pinas?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Dec 11, 2011, 06:32 PM
I was talking about MLM sir, hehe or mas kilala sa pangalan pyramiding. at ung figure is in peso. and these are actual people that i know, though di ako nag gaganun coz there is a twist to it thats a bit complicated! but by just thinking about it, its not impossible to do the same with different opportunities now a days, specially in forex trading. :)



@poojim: alpari may office na dito? question lng sana sir, sinu ang partner (local) ng AM dito sa pinas?


bah may reply na pala... Honestly sir, hindi ko alam kung sino o kung may partner nga sila ditoh. Pero malamang lamang nga meron kase nasa law naman yung ownership dapat mas mataas percent ng Pilipino sa company dito sa Pinas...

Wla office Alpari ditoh, Nabanggit ko lang. hehe...
Title: Re: Forex Broker Sa Pinas
Post by: index1php on Dec 11, 2011, 10:05 PM
Quote

Lahat nga pala nung trading acct. ko, wla akong aqng investment jan. Lahat nakuha q lang sa bonus. Kaya hindi moh talaga kailangan ng kapital para magsimula. Yung AM namimigay nag 50EUR demo na magiging live pag nagawa mong doble ang balance moh. :)


@poojim, buti nabanggit mo yung 50euro na binigay ng AdmiralMarkets....umabot na ng 101euro yung equity ko, at nag requiest na ako ng withdrawal para ma-transfer sa LIVE account ko pero hanggang ngayon, more than a week na wala parin, di parin yata na paprocess...

nag submit narin ako ng scanned passport...complete na lahat ng requirements ko... sana before xmas matanggap ko na...    :help:

yung sayo ba na try mo na mag withdraw? at natanggap mo naba...?gaano katagal ang processing?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Dec 12, 2011, 02:12 PM
@poojim, buti nabanggit mo yung 50euro na binigay ng AdmiralMarkets....umabot na ng 101euro yung equity ko, at nag requiest na ako ng withdrawal para ma-transfer sa LIVE account ko pero hanggang ngayon, more than a week na wala parin, di parin yata na paprocess...

nag submit narin ako ng scanned passport...complete na lahat ng requirements ko... sana before xmas matanggap ko na...    :help:

yung sayo ba na try mo na mag withdraw? at natanggap mo naba...?gaano katagal ang processing?

Nagrequest ka para matransfer sa live account moh? Kelan ka pa may live account? Di ba nakalagay sa condition sa bonus "I confirm that I am not a customer of Admiral Markets and I have not registered in the Traders' Room"?

Hindi lumalampas ng 1 day ang withdrawal processing (typically)... pero lam mu na pag madami ang nagrerequest nadedelay. Yung sa Instaforex nga umaabot ng 5 days yung withdrawal ko. hehehe...
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Dec 12, 2011, 10:38 PM
aw, sinusubaybayan din namin ang thread na toh. :) sana po mkpag withdraw na din po kayo. tama si poojim, usually a day lng ang processing. :) hopefully mkauha :) best of luck guys :D
Title: Re: Forex Broker Sa Pinas
Post by: index1php on Dec 14, 2011, 12:59 AM

Ok na! na transfer na yung 50euro from DEMO to LIVE account ko...im trading it now....  :cool2:

sa iba nila ako pinag open ng LIVE account....dito sa  fxservice.com

iisa lang pala yung admiralmarkets.com at fxservice.com  :boxing:
 

 
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Dec 14, 2011, 08:58 PM
Ok na! na transfer na yung 50euro from DEMO to LIVE account ko...im trading it now....  :cool2:

sa iba nila ako pinag open ng LIVE account....dito sa  fxservice.com

iisa lang pala yung admiralmarkets.com at fxservice.com  :boxing:
 

 

okay buti naman.. haha bakit san ka ba nag open ng live account? Kung sa Admiralfx.eu, hindi tayo pwede dun for european clients lang ng Admiral yun... iisa yung tatlo : AdmiralMarkets, Admiralfx, fxservice!
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Dec 15, 2011, 10:26 PM
grats, good news yun ah :) iba iba ata domain ng admiral markets. all three sites kanila nga :) kelan pla nag open AM dito sa pinas?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Dec 18, 2011, 05:58 PM
grats, good news yun ah :) iba iba ata domain ng admiral markets. all three sites kanila nga :) kelan pla nag open AM dito sa pinas?

sir ndi ko alam eh, napansin ko na lang pero parang kaoopen lang nung ipost kase tsaka pa lang may posting sa jobstreet. Tapos nun ko lang din nakita sa adsense yung mga ads ng AM para sa AMPH. Siya nga pala, ang pangalan ng director ditoh sa Pinas, Nathanael Singson, tinawagan aq sa cp ko kaya ko nalaman. Invited daw lahat ng traders sa office nila, pwede ding magkape. hehe. Trader siya since 1994 sa kanya nakapangalan stocks ng AM ditoh sa Pinas (yun pagkakaintindi ko). Madami nga domain yang AM, personalized para sa iba't ibang country pero karamihan pinagkaiba lang eh yung domain extension (.ph, .my, .ee). Pwede kayung tumawag, ang tel number nila ay: 029190159.
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Dec 19, 2011, 10:52 PM
wala nmn ata prob kng madaming domain ang isang broker, baka mareting strategy din nila un, bro pag nka dalaw ka sa office nila keep us updated :) may mga additional fees ba sila bukod sa threads? or same lng sa online nila?
Title: Re: Forex Broker Sa Pinas
Post by: Admiral_Markets_Ph on Jan 14, 2012, 04:57 PM
(http://i13.photobucket.com/albums/a267/teknostart/logo_small02.gif)

Good Day to ALL,

Thanks for the warm welcome...
Hope to hear from you guys....
Happy Trading to all...

(http://i13.photobucket.com/albums/a267/teknostart/ADMIRALM.png)
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jan 15, 2012, 12:31 PM
wala nmn ata prob kng madaming domain ang isang broker, baka mareting strategy din nila un, bro pag nka dalaw ka sa office nila keep us updated :) may mga additional fees ba sila bukod sa threads? or same lng sa online nila?

Sir papito. Naku senxa na ngayon ko lang nacheck tomg thread ulit kung wala pa bagong reply. Anu pong thread? Cguro spread ibig mu sbihin noh? Alam ko tulad din lang nung online, yung ph version parang customization lang cguro para mas country-oriented yung service nila. Tsaka pag nacheck mo yung iba't ibang version nung site (based on country), magakakaiba sila ng promotion for clients. Since bago ang sa PH, mukhang mas madami ang promotion for PH clients.




Welcome sa thread, Admiral Maarkets PH Rep!
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Feb 19, 2012, 05:36 PM
Update ko lang po tong thread


New additions:
1.) Millennium Glory International - Millenium Pena Futures in Indonesia
2.) Professional Diligence Foreign Exchange Inc - Introducing Broker of Marigold International Bullion Dealers sa HongKong (ang forex trading brand nila - Time View Management).
3.) Zone Equity - zelforex, hindi ko kilala toh, sana mas gumanda pa yung website.. :)



Another update:

FXPrimus will visit Manila

Quote
We are glad to inform you that FXPRIMUS will pay a visit to Manila on 22nd until 26th of March 2012!
The main purpose of this visit is to get a deeper understanding on the current condition of the market as well as meeting our honoured IBs and Affiliates to see what we can do to collaborate and grow their business.
May free seminars din.
inaalam ko pa ang venue...
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Feb 21, 2012, 11:02 PM
american base ba ang fxprimus? kng di ako nag kakamali, african american ang may ari!
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Feb 22, 2012, 04:49 PM
american base ba ang fxprimus? kng di ako nag kakamali, african american ang may ari!

Si Thompson sir papito? Alam ko American yon pero di ko alam kung may halong African blood. Yung corporate team nila halo halo, Mauritius, China, Malaysia. Pero Mauritius ang official country of origin and regulation dahil doon naghahandle ng pera for segregated accounts.

Si Mario Sant Singh pala yung speaker sa seminar. Wala pa pala venue. May plano pala sila mag expand dito saten. Mukhang panay ang expand nila ah...
Title: Re: Forex Broker Sa Pinas
Post by: Prospera on Feb 22, 2012, 07:12 PM
Thanks for the info, poojim.

Does anyone have any idea why they're heading this way?

Marami na ba talagang forex traders dito sa atin? Can anyone give estimates?
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Feb 22, 2012, 08:05 PM
ewan ko Ma'am,
parang wala pang sampu yata tayo dito sa Pinas. hehehehe
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Feb 22, 2012, 11:47 PM
Mauritius din pla sila, hotforex kasi dun din regulated, and I think may plan sila pumunta din dito sa pinas, feeling ko dahil sa mga nkapaligid saten, SG Malaysia Bangladesh, mga active mga forex dun sakanila, at may mga office din sila dun :)
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Feb 24, 2012, 07:37 PM
Thanks for the info, poojim.

Does anyone have any idea why they're heading this way?

Marami na ba talagang forex traders dito sa atin? Can anyone give estimates?

Marami nga kaya. hehe. Sabi exclusive seminar daw eh for an IB's clients (malamang mga bigaten toh).
Balita ko nga may plano din mag open ng office ditoh.

Uo Sir Papito, Mauritius nga toh. Dumadami mga brokers mula don sa bansa nila tsaka sa Mauritius, Cyprus at New Zealand. Baka dahil madali ang regulation don hehe.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Feb 25, 2012, 04:43 PM
www.FXVV.com
"A Smart Way to Invest Money"
Ofiice No. 3704 ( Level 37 )
Executive Towers,
Sheikh Zayed Road, Dubai,
United Arab Emirates


Greetings to all forum members and guests.

I am the official representative of www.FXVV.com. I will be glad to answer all of your inquiries and hear your feedbacks about us. Kindly email me at aldemir@fxvv.com if

you're interested.



Welcome to the thread Sir Amir!

The one in Dubai is just an office right? But FXVV is headquartered in New Zealand? All regulations of the broker are NZ based as well. I suggest you create a new thread for FXVV and there people can ask bout the broker and at the same time, you'll be able to showcase its services.

Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Feb 27, 2012, 10:48 PM
ung broker ko kasi hotforex, ang alam ko parang Cyprus or Greece sila, pero dun din regualted.
alam ko tintakasan nila mga mga gulo sa EUR ngaun, tulad nyan parang 53% ang compensation or something sa second bailout! ang gulo na dun.
ok lng siguro kng gusto ng mga internatioanal brokers with local offices mag open ng thread dito, para malaman din naten mga ins and outs nila. sakaling di maganda pede tayo mag babala :) 
Title: Re: Forex Broker Sa Pinas
Post by: suntzu on Feb 28, 2012, 09:18 AM
ewan ko Ma'am,
parang wala pang sampu yata tayo dito sa Pinas. hehehehe
LOL, kung sampu? pang labing isa ako  :hihi:
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Feb 29, 2012, 04:54 PM
ung broker ko kasi hotforex, ang alam ko parang Cyprus or Greece sila, pero dun din regualted.
alam ko tintakasan nila mga mga gulo sa EUR ngaun, tulad nyan parang 53% ang compensation or something sa second bailout! ang gulo na dun.
ok lng siguro kng gusto ng mga internatioanal brokers with local offices mag open ng thread dito, para malaman din naten mga ins and outs nila. sakaling di maganda pede tayo mag babala :) 

Oo nga sir, hehe.. Siguro kasi dahil madali ang regulations sa mga country na yown o madali mag acquire. Tsaka may mga online based consultant sa pagtatayo ng forex company sa mga bansang ito eh. 

Maganda na din yung hindi tayo nahuhuli kase sa Malaysia, China, at Indonesia, madami na din fx broker offices eh... 


@suntzu.. hehe, pero mukhang madami dami din kase sa ibang forex forums madami aq nakikita Pilipino eh, karamihan newbies kasi madami na gustong kumita online. Indians din madami.
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Feb 29, 2012, 05:19 PM
ung broker ko kasi hotforex, ang alam ko parang Cyprus or Greece sila, pero dun din regualted.
alam ko tintakasan nila mga mga gulo sa EUR ngaun
i dont think they can kasi part sila ng EU.

LOL, kung sampu? pang labing isa ako  :hihi:
naisama ko na yata kayo Sir dun sa bilang kong sampu :D
Title: Re: Forex Broker Sa Pinas
Post by: Prospera on Feb 29, 2012, 05:26 PM
I'm wondering why the Indonesians and Malaysians seem to outnumber us considerably when it comes to trading forex. At least, that's what I gather from lurking at the Instaforex website. They can even fund their accounts by local bank transfer.

Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Feb 29, 2012, 05:32 PM
mas progressive sila satin. :D
saka karamihan satin brainwashed to become employees, at na-brainwash na 'risky/mahirap magnegosyo' :D

saka ang 'environment'/sitwasyon/'klima' sa Pinas ay hindi conducive/sinadyang hindi conducive sa pagnenegosyo ng karamihan :watchuthink:
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Feb 29, 2012, 10:52 PM
parang ganun ata target ng mga international brokers na nag oopen ng mga offices nila sa mga bansang nkapaligid sakin, parang may nabasa ako na parang kelangan ng mga taga Bangladesh mag appear sa offices bago mkpag withdraw, but not so sure hehehe :)
Title: Re: Forex Broker Sa Pinas
Post by: suntzu on Mar 01, 2012, 02:15 AM
Oo nga sir, hehe.. Siguro kasi dahil madali ang regulations sa mga country na yown o madali mag acquire. Tsaka may mga online based consultant sa pagtatayo ng forex company sa mga bansang ito eh. 

Maganda na din yung hindi tayo nahuhuli kase sa Malaysia, China, at Indonesia, madami na din fx broker offices eh... 


@suntzu.. hehe, pero mukhang madami dami din kase sa ibang forex forums madami aq nakikita Pilipino eh, karamihan newbies kasi madami na gustong kumita online. Indians din madami.
poojim: akala ko kasi, labing isa lang tayo dito, kasi i have not come across who complained about "bucket shops" yet; withdrawal problems; "stop-hunting"; and hard-to-contact support; or disappearing account balance; whipsaws, etc.
kasi, even with NFA or FSA registered brokers, may mga unscrupulous trading pandadaya silang ginagawa specially "stop hunting" which is hard to prove. unlike in some forex forums (especially sa usa) i encountered a lot of complaints on non NFA, FSA or even CFTC registered brokers.
i hope we won't be seeing those similar complaints dito in the future, considering that most, if not many of the "pinas-based" brokers are licensed/based (at least main office) in countries other than UK and USA with stringent forex trading regulations.
i'd love to have a "real" pinas-based broker and hopefully will stick to the norms and standards of usa/uk style of brokering and may konsensia. a self-regulated pinas-broker? hehehe. well, why not? at least alam mo kung saan yung office nya; alam mo family nya, kaibigan, what car he drives, how many bodyguards - you know, just in case.lol.
but be that as it may - bottom line, investigate; question everything, and ingat lang; ika nga - proceed with caution.
Title: Re: Forex Broker Sa Pinas
Post by: jmiyake on Mar 01, 2012, 07:24 PM
Ito lang masasabi ko regarding "brokers sa pinas."

bakit magbubukas sila jan sa pinas na wala namang regulating bodies present jan?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 03, 2012, 02:52 PM
@Suntzu, oo nga maganda cguro yon. Tungkol naman sa mga bucket shop, scam, minsan kasi mga fake din yun, naninira lang. Yung iba naman pag hindi nareceive yung withdrawal inaakusahan agad lalo na pag bank wire ang gamit may mga bank kase na naghohold ng payments; tapos mapaphiya sila pag naibigay sa kanila. O kaya pag hindi pa din na-gets, sasabihin mabagal daw ang withdrawal process. Yung iba naman porke natatalo, scam agad! Tsaka pano kaya nila nalalaman pag nagtetrade ang broker against them (ang alam ko pag market maker ang broker natural yon hehe).


@jmiyake
ang malinaw na dahilan, para makuha yung market tsaka para maging global, tsaka para maging country-oriented yung service.
Title: Re: Forex Broker Sa Pinas
Post by: jmiyake on Mar 03, 2012, 04:01 PM
@Suntzu, oo nga maganda cguro yon. Tungkol naman sa mga bucket shop, scam, minsan kasi mga fake din yun, naninira lang. Yung iba naman pag hindi nareceive yung withdrawal inaakusahan agad lalo na pag bank wire ang gamit may mga bank kase na naghohold ng payments; tapos mapaphiya sila pag naibigay sa kanila. O kaya pag hindi pa din na-gets, sasabihin mabagal daw ang withdrawal process. Yung iba naman porke natatalo, scam agad! Tsaka pano kaya nila nalalaman pag nagtetrade ang broker against them (ang alam ko pag market maker ang broker natural yon hehe).


@jmiyake
ang malinaw na dahilan, para makuha yung market tsaka para maging global, tsaka para maging country-oriented yung service.

meron namang mga regulated na na countries near philippines. bakit pa sila mag risk mag open jan sa pinas? mas cost-efficient pa instead of opening a branch in every country in the world...
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 16, 2012, 12:51 AM
@all readers of the thread.

May bago pa qng natagpuan "MyFinancialBet.com". Web based. Accepting Filipino clients only (for now). Regulated by PAGCOR. May USD/PHP pair! Can trade forex, commodities at indices. Parent company ay London Capital Group. Di ko pa alam ang office.... :)

May pa webinar sila parang AM.
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Mar 16, 2012, 01:59 AM
nakita ko rin yan last year.
pero d ko nabasa yang tungkol sa LCG.
regulated by PAGCOR, hindi SEC. hehehe astig no... casinong casino talaga ang dating :D

wala pa rin masyado laman yung website nila.

malabo pa ko mag-open ng account jan kasi marami naman na mas reliable at maayos ang regulation. observe muna ko
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 16, 2012, 12:05 PM
nakita ko rin yan last year.
pero d ko nabasa yang tungkol sa LCG.
regulated by PAGCOR, hindi SEC. hehehe astig no... casinong casino talaga ang dating :D

wala pa rin masyado laman yung website nila.

malabo pa ko mag-open ng account jan kasi marami naman na mas reliable at maayos ang regulation. observe muna ko

Casinong casino nga. hehehe...
Reliable naman ang LCG ah, FSA regulated.
Nag open aq ng demo, timetotrade ang gamit nilang charting.
Medyo nahahawig sa etoro.
Walang live chat...

Nakita mo na to last year? Di ga kalolaunch lang nung January? or late December ata... :)
Title: Re: Forex Broker Sa Pinas
Post by: Prospera on Mar 16, 2012, 12:59 PM
^I'm just apprehensive at the possible ill effects on the economy if the USD/PHP pair can be speculated upon...Ok lang siguro ang majors pero naalala ko lang kung paano naging persona non grata sa Malaysia si Soros at one point because then PM Mahathir blamed him for the fall of the ringgit.
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Mar 16, 2012, 02:13 PM
Casinong casino nga. hehehe...
Reliable naman ang LCG ah, FSA regulated.
Nag open aq ng demo, timetotrade ang gamit nilang charting.
Medyo nahahawig sa etoro.
Walang live chat...
Nakita mo na to last year? Di ga kalolaunch lang nung January? or late December ata... :)
parang ganun nga, December2011 or Jan.2012 ko nakita.  :D
san ba nakalagay na part sila ng LCG. baka ibang LCG yun  :D

sa PAGCOR casinos, wala rin namang live chat d ba. papasok ka lang sa casino tapos bahala ka na maghanap at mamili ng upuan kung saan ka maglalaro. parehong pareho siguro dun yan :D

^I'm just apprehensive at the possible ill effects on the economy if the USD/PHP pair can be speculated upon...Ok lang siguro ang majors pero naalala ko lang kung paano naging persona non grata sa Malaysia si Soros at one point because then PM Mahathir blamed him for the fall of the ringgit.
malamang in-house lang yung $/PHP transactions... may dealing desk sila. :D ....considering walang online brokers na nag-o-offer ng $/PHP trading.
so no worries, d maapektuhan ang economy natin. :D lalo pa, sampu lang yata tayong retail FX traders dito sa Pinas  :hihi:
Title: Re: Forex Broker Sa Pinas
Post by: Prospera on Mar 16, 2012, 03:59 PM
^Ay, oo nga naman. Pero dumadami na tayo, ha--mga 12 na, as of last count. :-)

I'm guessing, besides, that their business model is more of the Betonmarkets type which is popular in the UK. At kaya under PAGCOR, kasi it's classed as gaming.
Title: Re: Forex Broker Sa Pinas
Post by: suntzu on Mar 17, 2012, 02:29 AM
can anyone tell me the guesstimated requirements to put up a forex brokerage in pinas? what financial institution somewhat regulates it, aside from SEC for registration purposes? i am aware that non-NFA/CFTC registered forex brokers can solicit or deal with US traders, so the market is pretty much pinas and surrounding asian countries. can pinas banks act as counterparties to forex brokers. and if they can, would that be somewhat "regulated" by pinas central bank?

there are services catering to establishing forex brokerages but most of the brokerages built are "based" offshore (out of USA) and so with their counterparties.

over-the-grapevine info is much appreciated; even kuro-kuro thoughts will be well taken... thanks...
i hope i am not out of topic here...
Title: Re: Forex Broker Sa Pinas
Post by: Synapse on Mar 17, 2012, 09:57 AM
Sa reliable pa rin ako para walang problema .. hehehe!
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 17, 2012, 11:42 AM
Nakapag umpisa na q ng demo. May feature sila na hindi ko makita sa ibang broker (o hindi ko lang talaga alam kung papano sa ibang broker), they close trades every end of Friday (o madaling araw ng Saturday). Gusto ko to kase hindi naman ako tutok sa trading, I order with SL and TP set tapos nilalayasan q na hehe... Hindi ko pa din masyado gamay yung platform netoh...


@sir ferrari
- baka nga hehe... dito oh: http://simulator.myfinancialbet.com/public/privacy.shtml

@mam prospera
- para nga kaya lang ang betonmarkets sports and options ang market nila, etoh iba.

@sir suntzu
- "i am aware that non-NFA/CFTC registered forex brokers can solicit or deal with US traders" - yes kapag US trader ka pero hindi US ang address moh. If they can deal with USA traders from USA address, they can do this but not for long if CFTC gets aware of that. (yun ang alam ko)


@sir synapse
- ano ang characteristics of being reliable sayo?
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Mar 19, 2012, 10:46 PM
@poojim: you mean kinclose nila ng kusa lahat ng trades every friday?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 21, 2012, 04:41 PM
@poojim: you mean kinclose nila ng kusa lahat ng trades every friday?


- sa tingin q ganun na nga kase 1 time ko pa lang nasubukan. Actually hindi ko alam kung policy nila toh kaya susubukan ko ulit this Friday para maconfirm!
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Mar 21, 2012, 10:52 PM
it might be good for scalpers but, minsan hinhold ko ang trades ng days or weeks, ung iba months >.<
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 22, 2012, 10:40 PM
it might be good for scalpers but, minsan hinhold ko ang trades ng days or weeks, ung iba months >.<

Yes it is good for scalpers but not only for them. I also hold trades for days but now, not on Fridays. Pinakamatagal ko siguro, 3 weeks. Ngayon, minsan lang mangyari saken na lumampas ng Friday ang trades ko pag hindi ko naaabot ang TP at hindi ko naikoclose yung trade bago magmarket closing. So ayos talaga saken tong feature na toh pero dapat by choice sana na automatic iclose yung trade pag Fridays.
Title: how?
Post by: huge on Mar 27, 2012, 03:18 PM
how are you with your broker?
:think:

Post Merge: Mar 27, 2012, 04:09 PM
need some ideas, which broker will be able to assist me in my investment.. thank you if you'll be giving me some comments on your present and past brokers .. :)
Title: Re: how?
Post by: papito13 on Mar 27, 2012, 10:44 PM
I guess most of the users here are with oanda :) good with paypal withdrawal options, good broker and well known, though I'm on the other hand trading with hotforex, a bit of new broker I use moneybookrs for withdrawals, meron din ata nka admiralmarkets hehehe

my own exp with my broker? not bad really, minor disconnections late last year, but things are a lot better now, bago lng din kasi hotforex, I think going two years, no prob withwithdrawing money, they are ok with swings and scalps, may isang bot lng na bawal? I fogot its name(i think its arbitrage or something) pag dating ng ibang users they can also share their EXP and best of luck :D
Title: Re: how?
Post by: suntzu on Mar 28, 2012, 01:45 AM
how are you with your broker?
:think:

Post Merge: Mar 27, 2012, 04:09 PM
need some ideas, which broker will be able to assist me in my investment.. thank you if you'll be giving me some comments on your present and past brokers .. :)
the way your handle (huge) says, i expect that you might put up a sizable amount of investment. if you do, go with reputable brokers that are members of FSA, NFA or CFTC. a few i know are FXCM US, FXCM UK, Oanda, MB Trading. on the other hand, if your investment is just small, you can use any brokers. chances are these "unregulated" brokers usually do not "steal" small amounts of money.
you will read in many forex forums stories about successful withdrawals of us$35 bucks through moneybookers or paypal and about traders' complaints not receiving their requested withdrawals of us$2,000. some complaints i read - "yesterday, i had us$1500; today, i have zero balance and i did not even made a trade!!!!
Title: Re: Forex Broker Sa Pinas
Post by: tower on Mar 29, 2012, 04:17 PM
http://www.sulit.com.ph/index.php/view+classifieds/id/5222680/online+forex+trading?referralKeywords=forex+trading#description

try Admiralmarkets my friend! known all over the world and they will be giving you advice about the market and wala silang broker's fee kaya masusulit mo! PM me for more infos I will be glad to answer your queries! :))
Title: Re: Forex Broker Sa Pinas
Post by: papito13 on Mar 29, 2012, 10:57 PM
@tower :) yup meron din tay dito ADM thread :D
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Mar 04, 2013, 05:50 PM
new additions: GKFX, MyFinancialBet, GFI Group.

planning for new branch: IronFX
Title: Re: Forex Broker Sa Pinas
Post by: jensky08 on May 30, 2013, 01:39 PM
hello po... am interested sa forex trading. May mai-recommend po ba kayong ibang forex broker bukod sa list of brokers dito sa thread na 'to? Thanks
Title: Re: Forex Broker Sa Pinas
Post by: divergence on May 30, 2013, 02:29 PM
hello po... am interested sa forex trading. May mai-recommend po ba kayong ibang forex broker bukod sa list of brokers dito sa thread na 'to? Thanks

im using FXCM
Title: Re: Forex Broker Sa Pinas
Post by: bzboi on May 31, 2013, 12:11 PM
hello po... am interested sa forex trading. May mai-recommend po ba kayong ibang forex broker bukod sa list of brokers dito sa thread na 'to? Thanks

I'm trading with admiral markets, they have physical office in Ayala,
Title: Re: Forex Broker Sa Pinas
Post by: jensky08 on May 31, 2013, 03:12 PM
thanks po sa info.. try ko icheck FXCM at Admiral..
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 06:01 PM
Newly Added brokers: Land Prime (FSPR), PSSForex, MetisEtrade. I wonder how's it going with the plans of IronFX and FXPrimus.

I just want to highlight MetisEtrade as the first forex broker headquartered in the Philippines and is certified by Bangko Sentral and regulated by PhilSec (search it at sec.gov.ph). They claim to be the first broker to allow trading using PHP paired with other currency thought it's MyFinancialBet (of London Capital Group; though they are closed already) - but for a metatrader broker, yes they suppose to be (I have a demo account but trading with a pair having PHP does not yet exist)! They offer both MT4, MT5 and binary option platform. They also accept multiple base currencies (USD, EUR, PHP, JPY, AUD, GBP, HKD, CHF). MT4 setup superfast! Smallest spread I've seen at 0.3 though I am not sure yet if this is ECN and if there's commission charged per lot. They also have the so called "Money Changer" account which allows you to convert currencies quicker, easier and more secure (as they claim). MetisEtrade trading accounts are interest bearing accounts at 2.3% annually. Minimum deposit at P10,000 (more or less $250). My first impression - impressed! (though pricing is 3 digits only on both MT platforms, no live support at present).

Website looks like windows 8. They are hiring traders actually.

They also invite traders on their office like Admiral Markets (pakape-kape).

@jensky, why don't you try Admiral Markets, they provide seminars from time to time. I had several invitations from them but I don't go.
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 07:40 PM
Hello I would just like to ask for those who tried Admiral, how did you withdrawn your profit? And ilang days does it take?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 07:46 PM
Hello I would just like to ask for those who tried Admiral, how did you withdrawn your profit? And ilang days does it take?

It should not take more than 24 hours for Skrill. 
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 08:04 PM
How about for bank?

I don't know actually but I believe it should take 24 hours plus 2-5 days depending on the receiving bank.
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 08:05 PM
It should not take more than 24 hours for Skrill.

I cannot ithdraw through skrill kasi I used prepaid. So through bank lang, how many days pag sa bank nag transfer and yung swift code and IBAN chuchu different ba talaga depends sa location kung saan nag open? :thankyou:
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 08:12 PM
I cannot ithdraw through skrill kasi I used prepaid. So through bank lang, how many days pag sa bank nag transfer and yung swift code and IBAN chuchu different ba talaga depends sa location kung saan nag open? :thankyou:

What do you mean by "you cannot withdraw through skrill kasi I used prepaid"?
Yes you will need swift and beneficiary bank probably. You can find them on your bank's website.
IBAN is an identifier code used mostly used by European banks only, your bank in PH won't need this therefore.
not on location but in your bank. You are welcome!  :)
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 08:19 PM
What do you mean by "you cannot withdraw through skrill kasi I used prepaid"?
Yes you will need swift and beneficiary bank probably. You can find them on your bank's website.
IBAN is an identifier code used mostly used by European banks only, your bank in PH won't need this therefore.
not on location but in your bank. You are welcome!  :)

Coz I asked the live chat and they told me di daw makakapag withdraw using moneybookers if you used prepaid deposit. Ah okay I thought per branch ng bank yung swift code.
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 08:20 PM
And for those who used or currently using Oanda, how was your experience?
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 08:31 PM
Coz I asked the live chat and they told me di daw makakapag withdraw using moneybookers if you used prepaid deposit. Ah okay I thought per branch ng bank yung swift code.

Is this EON? You would just need Swiftcode for that. Sa address, kahit yung main branch address ang ilagay mo pwede. Beneficiary Bank is also not needed.

Oanda - I never used this broker, ferrari and Prospera used this I think.

You plan to switch? Why? Not satisfied with Admiral?
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 08:37 PM
Is this EON? You would just need Swiftcode for that. Sa address, kahit yung main branch address ang ilagay mo pwede. Beneficiary Bank is also not needed.

Oanda - I never used this broker, ferrari and Prospera used this I think.

You plan to switch? Why? Not satisfied with Admiral?

Actually kasi during my demo and I even study about it for a year and I always win but during live I lose I'll just try in other brokers lang yung mababa lang muna starting medyo mabigat kasi $100 (if ever may mas mababa pang initial deposit dito)
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 08:56 PM
Actually kasi during my demo and I even study about it for a year and I always win but during live I lose I'll just try in other brokers lang yung mababa lang muna starting medyo mabigat kasi $100 (if ever may mas mababa pang initial deposit dito)

I think that a normal scenario for forex traders who both traded with demo and live account. Trades have demo account have no effect in the real market conditions unlike with live wherein you are in competition - with your broker if it's a market maker, or with bigger banks for ECN (though not directly).

Brokers with low minimum deposit ba kamo? Madami nyan!
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 27, 2013, 08:58 PM
I think that a normal scenario for forex traders who both traded with demo and live account. Trades have demo account have no effect in the real market conditions unlike with live wherein you are in competition - with your broker if it's a market maker, or with bigger banks for ECN (though not directly).

Brokers with low minimum deposit ba kamo? Madami nyan!

Like can you suggest please?  :help: :D
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 27, 2013, 09:36 PM
Like can you suggest please?  :help: :D

Like XEMarkets, FBS, Forex4you, and Instaforex.
And Exness for which you started a new thread - it's not regulated but they've been existing for a long time and I never heard negative feedback so far.

Yung TusarFX na gamit ni tankbeta, they have cent accounts and no deposit bonus offer. They are the ones who acquired the former FxClearing brokerage.
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 28, 2013, 03:54 PM
I want to transfer my accounts muna to other broker kasi if I'll open again sa admiral though maganda doon malaki kasi $100 eh kaya sa iba muna kaso I can't withdraw my account ayaw sa moneybookers
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 28, 2013, 04:32 PM
I want to transfer my accounts muna to other broker kasi if I'll open again sa admiral though maganda doon malaki kasi $100 eh kaya sa iba muna kaso I can't withdraw my account ayaw sa moneybookers

Bakit ayaw sa MB? If this is a problem with your address verification, you can send a scan copy of the welcome letter they sent to you. That means you received their letter at your specified address.
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jun 28, 2013, 11:23 PM
Bakit ayaw sa MB? If this is a problem with your address verification, you can send a scan copy of the welcome letter they sent to you. That means you received their letter at your specified address.

According to Admiral Live Support I can't withdraw using moneybookers cause I deposited using Prepaid e ang mahal ng transfer through bank
Title: Re: Forex Broker Sa Pinas
Post by: batangpromdi_v2 on Jun 29, 2013, 08:08 AM
@ally_barbie; bank wire do cost money, roughly $20-40 fee.

if you want micro account with low deposit of $1, oanda can be a good start. i think yung basic dun is just $1-25, forgot ko na kasi matagal na ako di gumagamit nyan, even forgot how much i deposited sa initial during my practice days.

with oanda as well, you can use paypal. anu ba prepaid card mo? is it an eon? then you should have a paypal account.

sa demo, as other have said, the trading result will differ kasi may emotion na involved when using real money. when i was starting out, i never used demo account. i opted to use a micro account to demo with, so i'll have a good feel of what i can expect when trading live.

Title: Re: Forex Broker Sa Pinas
Post by: ect1 on Jun 29, 2013, 09:48 AM
Nagtataka ako sa mga taong gusto mag forex na pumipili ng local broker na ang payment/withdrawal method is kaparehas lng ng international broker which makakpagtiwalaan itong international dahil regulated at magatal at ang kagandahan pa nito walang deposit/withdrawal fee, at isa pa kagandahan ay ang minimum deposit is $0 "pano b makakapagtrade kung  0? no maintining balance n lng" $5 or $1..db ang liit lang. eh dyan ata sa admiral $500 usd ata

Sa paypal ang minimum withdrawal ay 500php

Dati kong broker Oanda pero lumipat ako sa HotForex ang gamit kong card ngayon sa HotForex is unionbank EON nakaka pagdeposit/withdraw direct doon sa ATM EON(Debit Card) "2-5 days bago makarating sa ATM yung withdrawal"

Alam ko madami pang broker dyan na tumatanggap ng Debit card gaya ng exness or pepperstone..etc,, oh db blessing yang mga broker n yang dahil poor friendly di na kailangan ng credit card

Para sa sarili kong opinion yang mga local broker na yang nonsense lang yan eh dahil..

Una.. branch lng yan sila ng international broker ang system or pamamalakad nila nka base doon international main branch
IF local branch system/rules/policy are base on its non-domestic main branch AND non-domestic main branch  system/rules/policy are base on Europe/USA"Regulators" THEREFORE local branch system/rules/policy are base on  Europe/USA"Regulators" ............. mahina ako sa english ah paki correct n lng kung may mali

ano ngayong sible ng mga local broker?? wala presence lang.. bakit nag seseminar sila? sa internet madaming guide libre pa babypips.com p lng andun na lahat..... "hayzz ito nnman tayo mga pilipino tinatamad nnman"

pangalawa.. kung magkakaroon man sila ng Internal system/rules/policy bakit meron bang batas dito sa pinas na nag proprotekta sa forex investor? wala db.. at wala munang mga batas na yang may mga regulator nman eh dahil kung magkakaroon man ng batas malamang uunahin nila yung TAX matutuwa mga buwaya.

ang pinaka conclusion ko lang may madaling paraan nman bakit doon pa sa medyo alangan na kung saan pwede mag lead ng scam may mga history na rin ng scam dito although di ko pa naranasan ma scam na pero nakikinig ako sa mga experience forex trader at nag sheshare lang ako ng dilemma or anu man tawag doon... mag ingat na rin tayo kasi possibleng mag lead nnman ito sa malawakang scam na kung masisilip or mapagaralan itong forex ng government at bka mag karoon p ng TAX.. at ikapapahamak pa sa maraming forex investor.. ang point ko lng din sa TAX na yan dahil ayaw ko rin ng tax ang laki ng TAX natin kung cocompare sa ibang bansa kawawa nman mga bagong trader kung may tax.. hindi nman ako anti local broker pero sa isip ko there is no such local broker kung nakabase sya sa non-domestic main broker its nonsense..

para sa maiksing sabi..kung may easy na method then doon n lng sa easy method... iwas possible scam at iwas tax muna

syempre higit sa lahat ang sinabi ko lang opinyon at beginner trader lang din ako mag toh 2yrs p lng :D
Title: Re: Forex Broker Sa Pinas
Post by: tankbeta on Jun 29, 2013, 10:40 AM
 :applause:  kalma lang sir hahah
search your brokers here http://www.earnforex.com/forex-brokers/
paypal brokers , ECN brokers , webmoney brokers , mt4 brokers  then pag nakapili na kayo go to forexpeacearmy.com to check the reviews so you can decide.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jun 29, 2013, 04:31 PM
In addition to that of batangpromdi, if your funds is lower than $100, I don't think Admiral Markets would facilitate withdrawal via bank wire. Normally it's $500 above ang allowable withdrawal via bank wire forex or binary option.

@ect1.. relax... The last time I checked there is no minimum withdrawal in Paypal via bank wire. It only has fees for funds withdrawn below $500. Nagtatayo ng local branch Para mas country-oriented ang service at syempre nagpapalawak ng reach... Seminars? Why not, it's a marketing strategy! Para sa mga baguhan at di pa masyadong aware, tsaka hindi lahat uwido sa internet at gusto ng self study. Iba iba din ng learning pace at preference ang tao.



For me there is no problem with new brokers. It's normal if somebody would want to start their new business or expand their current ones. Nasasayo din yan kung madali kang maloloko. Pwede naman sa simula maliit tapos palaki ng palaki if you're having no problems especially with withdrawals. Yang Pepperstone, di ba bago lang din yan - they started as IB of Axitrader but they manage to become an independent broker because of their service and low pricing.
Title: Re: Forex Broker Sa Pinas
Post by: batangpromdi_v2 on Jun 29, 2013, 10:45 PM
they may allow , pero if $100 nga lang yung funds mo, and as i stated, based to sa broker ko, you will be charged roughly $20-40 or even higher, then above all that, there are additional fees like doc stamp and receiving fees charged by the local bank. more or less, sa $100 if bank wire, expect $50-65 na lang. kaya hindi rin advisable yan.

if you are new to forex, i would suggest you start small, say $200-$300. your first task is to double that money. say you started with $200, make it $400, then withdraw $200. so risk free ka na and may peace of mind ka pa.

many traders fail kasi puro sila isip ng mga bagay na hindi naman dapat. the moment na nag-deposit ng pera, worried na agad paano mababawi. why even bother depositing in the first place if wala ka man lang ginawang research about the broker?

Title: Re: Forex Broker Sa Pinas
Post by: ect1 on Jun 30, 2013, 12:13 PM
hehehe kalma lang nman ako eh :D
sabagay may kanya kanyang learning pace ang bawat tao meron mahilig sa self study meron din hindi dahil sa trabaho

para sakin ok lang din nman mag start ng $100 di para kumita pero susukatin mo din sarili mo bilang trader kung pano ka natutuo sa forex at nxt pano mo sya napalago... hehe di nman cguro sinusugal ang $100 dahil andun ka nun learning process.
para sakin ang kita sa forex ay laging proportional kung gano napalago ang $100 kaya mo din mapalago sa next invest... kaya mas mahalga kung ima mind set kung pano muna matuto sa forex kesa kumita.

hindi nman ako anti seminar or local broker, nasa isip ko lang possible bang meron makapasok na masamang elemento sa lugar ng seminar or local broker na kung saan sasabihin niya sa mga baguhan na kaya nilang kumitang ng million sa maiksing panahon(although possible) pero mag dedeposit sila doon lang sa taong yun.. tapos.. takbo..?
Title: Re: Forex Broker Sa Pinas
Post by: ferrariEverest on Jun 30, 2013, 12:50 PM
Ok yan, maingat si Sir ect1.

wala halos benefit ang pag open ng account sa local broker-partners. siguro convenience lang sa deposit at withdrawal. marami pa ang scam.

ang trading nangyayari pa rin sa international locations. so mas ok mag open dun mismo sa established branches/main office sa ibang bansa. sa ibang mas developed Asian nations, konti nga lang ang legit branch e, dito pa kaya sa Pinas. :D

hindi advisable ang wire transfer, masyado mabusisi (punta ka pa bank) at magastos, mga $15-$30+ agad ang kaltas. tapos mabagal pa ang processing. debit/credit card or paypal ang pinaka ok at pinaka mabilis.

by the way, payong kapatid lang, make sure to have a few other income streams aside from trading, just in case huminto ang trading (forex, stocks, etc.). may nabalitaan kasi ako tungkol jan. totoo man o hindi, mas mabuti na yung handa.
Title: Re: Forex Broker Sa Pinas
Post by: batangpromdi_v2 on Jun 30, 2013, 05:26 PM
$37 yung charge sa akin when i make bank wire withdrawal. kaya i make sure na yung ibang pips ko, can cover the charge. wala kasi paypal yung pepperstone. then palpak pa debit card ng metrobank. hindi naman pala pwede yun for direct online transfer.

malaki rin yung nawawala sa akin, $111 if 3x a month ako mag-withdraw. but i don't have to stressed about it na lang, and focus more sa trading.
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jul 01, 2013, 06:52 PM
$37 yung charge sa akin when i make bank wire withdrawal. kaya i make sure na yung ibang pips ko, can cover the charge. wala kasi paypal yung pepperstone. then palpak pa debit card ng metrobank. hindi naman pala pwede yun for direct online transfer.

malaki rin yung nawawala sa akin, $111 if 3x a month ako mag-withdraw. but i don't have to stressed about it na lang, and focus more sa trading.

anlaki naman yata nung $37. Malaki nga pag 3 times a month, big time k nga siguro hehe....
Metrobank debit card - yan yung bago di ba? If that's the case, I wonder why you can't do that for direct online transfer since it has Mastercard logo.
If that's ATM card with Maestro logo (or no logo), yes you can't use that...



Bka nakalimutan na yung recent update nitong thread. Here it is again:

http://www.pinoymoneytalk.com/forum/index.php?topic=38143.msg463232#msg463232
Title: Re: Forex Broker Sa Pinas
Post by: ect1 on Jul 01, 2013, 08:38 PM
^ ganyan tlga pag bank wire.. bigtime tlga yan hahaha :D

by the way, payong kapatid lang, make sure to have a few other income streams aside from trading, just in case huminto ang trading (forex, stocks, etc.). may nabalitaan kasi ako tungkol jan. totoo man o hindi, mas mabuti na yung handa.
para sakin digmaan lang makakahinto sa forex :D
Title: Re: Forex Broker Sa Pinas
Post by: poojim on Jul 01, 2013, 10:48 PM
@ferrari,

anu ba yung balitaan mo? San namin mababasa yan? Please share us!
Title: Re: Forex Broker Sa Pinas
Post by: ally_barbie on Jul 06, 2013, 03:33 PM
@ally_barbie; bank wire do cost money, roughly $20-40 fee.

if you want micro account with low deposit of $1, oanda can be a good start. i think yung basic dun is just $1-25, forgot ko na kasi matagal na ako di gumagamit nyan, even forgot how much i deposited sa initial during my practice days.

with oanda as well, you can use paypal. anu ba prepaid card mo? is it an eon? then you should have a paypal account.

sa demo, as other have said, the trading result will differ kasi may emotion na involved when using real money. when i was starting out, i never used demo account. i opted to use a micro account to demo with, so i'll have a good feel of what i can expect when trading live.


Yes nga. I thought I can use moneybookers pero ilang beses ko ng kinonfirm sa live chat pero pag prepraid daw talaga yung mode of deposit, bank wire lang ang withdrawal na pwede. BPI kasi gamit ko so what I did is nag withdraw ako sa account ko then nag send ako sa BDO ganun lang. Nag register din ako sa moneybookers kaso ayaw talaga. Kaya I am looking for a broker na mababa lang minimum kasi bago palang ako kasi to be honest $100 medyo malaki na specially now bumababa economy ng pilipinas.
Title: Re: Forex Broker Sa Pinas
Post by: batangpromdi_v2 on Jul 06, 2013, 05:30 PM
may policy ata most brokers that within the first 60 days, if you use debit/credit card to deposit, the fund can only be returned to that same card. how long have you been with the broker? after 60 days na ba since nag-deposit ka?

if you can't lose a $100 sa forex trading, might as well find something else to do. im just being straight forward. kasi sa $100 nga lang parang highly emotional ka na, what more pa kaya mas malaking account?

but then, that's just an opinion. try applying sa oanda muna. yang bpi mo is that an e-prepaid card? pwede ata yan sa paypal. oanda can get you started with just $25, the you can control custom lot size.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Jul 20, 2013, 04:12 PM
Update: XM (XEMarkets - former TradingPoint) is expanding in the Philippines soon too.
Manila visit on August. Local representatives wanted....

@ally
@promdi
Mas mababa ata ang fees ng Neteller, FSA regulated din tulad ng Skrill. Free Net+ card...
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: papito13 on Jul 22, 2013, 03:59 PM
its nice to see another fellow trader from the same broker hotforex :) its been a while :) last month ata nag invest pinsan ko sa isang local broker ng 10k tas Indonesian based broker sya, pinawithdraw ko lahat ng pera nya! ok lng mag karoon ng local broker saten dito na tapat man lng sana na mag bbenifit tlga tayo! ADM and TRADEPOINT are expanding here, of course lahat ng mga broker na yan nag hahanap ng clients. wel kanya kanyang opinion nmn but id rather stick with what works for me and trade with an online regulated broker like hotforex :) wala pa ako binabayaran na tax :D
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Aug 06, 2013, 06:51 PM
Update: I do not know if WorldWideMarkets is opening a branch here but they are welcoming Filipino traders already through their contact email reserved for Filipino traders: Philippines@worldwidemarkets.com

They also sponsored a post here at PMT: http://www.pinoymoneytalk.com/worldwidemarkets-forex-trading/

They offer $25 survey bonus for Filipinos too. WorldWideMarkets does not deny that they're a market maker (like Oanda). They are regulated and registered under FCA UK.
Title: Re: Forex Broker Sa Pinas
Post by: DavidApol on Aug 14, 2013, 10:51 AM
Newly Added brokers: Land Prime (FSPR), PSSForex, MetisEtrade. I wonder how's it going with the plans of IronFX and FXPrimus.

I just want to highlight MetisEtrade as the first forex broker headquartered in the Philippines and is certified by Bangko Sentral and regulated by PhilSec (search it at sec.gov.ph). They claim to be the first broker to allow trading using PHP paired with other currency thought it's MyFinancialBet (of London Capital Group; though they are closed already) - but for a metatrader broker, yes they suppose to be (I have a demo account but trading with a pair having PHP does not yet exist)! They offer both MT4, MT5 and binary option platform. They also accept multiple base currencies (USD, EUR, PHP, JPY, AUD, GBP, HKD, CHF). MT4 setup superfast! Smallest spread I've seen at 0.3 though I am not sure yet if this is ECN and if there's commission charged per lot. They also have the so called "Money Changer" account which allows you to convert currencies quicker, easier and more secure (as they claim). MetisEtrade trading accounts are interest bearing accounts at 2.3% annually. Minimum deposit at P10,000 (more or less $250). My first impression - impressed! (though pricing is 3 digits only on both MT platforms, no live support at present).

Website looks like windows 8. They are hiring traders actually.

They also invite traders on their office like Admiral Markets (pakape-kape).

@jensky, why don't you try Admiral Markets, they provide seminars from time to time. I had several invitations from them but I don't go.

Thank you for the feedback on MetisEtrade! FYI, money can be withdrawn from MetisEtrade via BPI, BDO, or MBT. Once we receive the withdrawal form, it takes only 30 minutes to 1 hour for us to credit your bank account. The withdrawal fee is ALWAYS FIXED at 50 PHP.

FYI
(http://s13.postimg.org/czqzpr7xv/Metis_Etrade.jpg) (http://postimg.org/image/czqzpr7xv/)

For more info on the spreads: http://www.metisetrade.com/index.php/forex?menu=s-forexconditions

For further questions, please contact me.

apolonio.david@yahoo.com
09178072979
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Sep 06, 2013, 01:27 PM
Update: Eastern Markets has been added. GFI Group details filled.

Land Prime offers PHP base currency for accounts through deposits via Tongyang bank in Makati.

Expecting to be added soon: FXVV, XEMarkets, IronFX, FXPrimus, WorldWideMarkets, Mayzus (UWCFX).

I heard that Tradesto Ltd. has call center operations here in the Philippines too.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: DavidApol on Sep 09, 2013, 08:55 AM
Update: Eastern Markets has been added. GFI Group details filled.

Land Prime offers PHP base currency for accounts through deposits via Tongyang bank in Makati.

Expecting to be added soon: FXVV, XEMarkets, IronFX, FXPrimus, WorldWideMarkets, Mayzus (UWCFX).

I heard that Tradesto Ltd. has call center operations here in the Philippines too.
Wow, I hope forex becomes a widely accepted profession/sideline in the Philippines soon, and a lot of Filipinos invest their time to study the largest financial market in the world :)
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Sep 29, 2013, 04:23 PM
Wow, I hope forex becomes a widely accepted profession/sideline in the Philippines soon, and a lot of Filipinos invest their time to study the largest financial market in the world :)

I also hope that way.  Sir David.


XM (XEMarkets/Trading-point) CEO is coming to  Manila


Quote
The CEO of XM, Constantinos Cleanthous, who will be leading the Great Asia IB Tour, would like to invite existing partners and potential Introducing Brokers to meet in Manila, Philippines.

The XM Asia Tour 2013 is part of the XM World Tour in 40 countries where we will be meeting partners and announce our new products and services.

Registration: http://www.xm.com/asia-tour
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: BernadetteFXP on Nov 06, 2013, 06:45 PM
Anyone interested to trade with FXPrimus? I can help you..
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: poojim on Nov 09, 2013, 11:55 PM
Anyone interested to trade with FXPrimus? I can help you..

FXP have office here already too?

XEMarkets coming to Manila on Nov 12.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: tatsulok on Dec 20, 2013, 12:54 AM
IronFX - The new office of the company is located in the center of Manila City, inside the BA Leapnto Buiding at Paseo de Roxas Avenue.

baka hindi pa na post. padagdag na lang.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: esorb on Jan 09, 2014, 10:30 AM
Newbie here. Just like to ask which Forex Broker you recommend. And what is the advantage and disadvantage of local broker vs international broker? Thanks in advance
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: observerfx_scam on Jul 06, 2014, 01:44 PM
Newbie here. Just like to ask which Forex Broker you recommend. And what is the advantage and disadvantage of local broker vs international broker? Thanks in advance

Newbie here too, need guidance from the pros...
I made several inquiries from my Stock Broker COL and they told me that ALL FX brokers listed at the start of this thread (Admiral Markets, etc. and etc.) are ONLY representative offices or liaison offices such that their local SEC registration in Phils is only a sort of an Information OR Servicing / Consultancy office only.
In effect our funds is held in the offshore bank accounts of such principal broker instead of being held in a local bank unlike the Stock brokers, so my a bit worrisome.
There is NO local SEC registered FX Broker why?
Accordingly it is still fine if an FX Broker is overseas if there is a Filipino owner (or part-owner) whom we can ran after when there are problems especially on funds or withdrawals problems, is it correct?
Of course it is really better if there is a 100% Filipino-owned FX Broker.
Please advice, thank you.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: pinoyfx_trainee on Jul 06, 2014, 02:10 PM
Newbie here. Just like to ask which Forex Broker you recommend. And what is the advantage and disadvantage of local broker vs international broker? Thanks in advance

Me too looking for a trustworthy or pinoy owned forex broker, any suggestions mga bro?
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: pinoyfx_trainee on Jul 06, 2014, 02:18 PM
FXP have office here already too?

XEMarkets coming to Manila on Nov 12.

Whats up with XE Markets in Philippines recently?

Btw these FX Brokers operating in Phils, do they have Filipino businessman partners we can rely on to secure our funds with them?
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: observerfx_scam on Jul 06, 2014, 11:42 PM
Just did some research and it turns out there are NO Licensed LOCAL FX BROKERS in town because the SEC does NOT provide Margin Trading FX BROKERs such LICENSE to any entity locally, except to the banks FX desks as provided for by BSP and PDS special Licensing. ALL local offices of so-called FX Brokers are only representative or information center or a liaison office of an offshore-registered FX broker principal etc. etc.
There are LEGIT Inter-Dealer Brokers like Tullett Prebon, ICAP etc. but they are not margin-system trading and for full VALUE trading only for institutional clients only, not for retail like us folks..
Even the so-called FX DEALER License of *****E-Trade in Ortigas, as they claim to be BSP License, but its only a Foreign Exchange Dealer or Money Changer License and NOT a Margin Trading FX Broker License.
So folks WATCH OUT for such similar representations..
Actually its NO BIG DEAL whether an FX Margin Trading broker has a License or NOT what is important is you feel SAFE and secured with your money in that broker (LOCAL or OFFSHORE).
We will only feel more secured if ever in future there will be an FX Broker (whether local or offshore) owned and operated by a reputable Filipino businessman residing here locally (we can ran after easily) and adopting the new business model of Zero Commission and Tight Spreads so clients has better chances of making money and that money made is easily withdrawn...
According to a popular TV show...WISH KO LANG...
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: pinoyfx_trainee on Jul 07, 2014, 12:44 PM
oberverfx_scam,

yun TZH sa Trident Tower daw has 2 of the 3 owners/directors already Filipinos, just dunno whether such Filipinos are respectable businessmen...what do you think?
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: observerfx_scam on Jul 07, 2014, 06:40 PM
oberverfx_scam,

yun TZH sa Trident Tower daw has 2 of the 3 owners/directors already Filipinos, just dunno whether such Filipinos are respectable businessmen...what do you think?

TZH is not an FX Broker its only a Corporate IB of FXCM in Philippines.

Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: dicktator on Aug 18, 2014, 11:23 AM
hello mga forex pips. newbie lang ako dito. naghahanap din ako ng matinong forex broker. sa mga nabasa kong mga forum thread, i feel safe with oanda at metis. nag-try na ako mag open ng live account sa oanda pero ambagal nila magrespond sa application at di sumasagot sa email. haha.

sa metis naman, nakapasok na kasi ako sa office nila dati, nag-apply ako sa isang department nila (di sa trading). i feel safe kasi ambilis ng response nila sa live chat, di mahirap kontakin. i used to work sa sports betting industry at sa mga online transactions, importante ang customer service na di ka dededmahin. hehe.

i'm still waiting for oanda's response, kaso nagdadalawang isip na rin ako dahil mejo hassle para sakin yung payment methods nila. mas madali ata magpasok at magwithdraw sa metis, parang sa BPI trade at COL, madali lang para sa mga pinoy.

tsirs. sana dumami forex tradersa pilipinas.  :watchuthink:

Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: papito13 on Aug 25, 2014, 05:15 PM
gaano kabagal process ng oanda? ok nmn tlga oanda pero di pa ako nag try mag open dun, madami ako nbabasa tunkol sa metsi, i guess ok sya locally, but lets see, anu inaplayan mo dun kapatid? parang masaya isipin mag work sa isang forex broker locally hahaha i trade with hotforex nmn online, nothing major pasulpot sulpot lng pag may time.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: dicktator on Aug 25, 2014, 05:39 PM
gaano kabagal process ng oanda? ok nmn tlga oanda pero di pa ako nag try mag open dun, madami ako nbabasa tunkol sa metsi, i guess ok sya locally, but lets see, anu inaplayan mo dun kapatid? parang masaya isipin mag work sa isang forex broker locally hahaha i trade with hotforex nmn online, nothing major pasulpot sulpot lng pag may time.

hanggang ngayon sir ay di pa confirmed yung application ko sa oanda. looks like their customer service people like working at their own pace. wala na silang sense of urgency sa pag-acquire ng bagong customers. sa metis oks na, magdedeposit na ako bukas. nag-apply ako dati sa marketing, zero knowledge pa ako sa forex nun.  :hihi:
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: AdeptFXtrader on Aug 27, 2014, 02:24 PM
sir Dicktator,


Sino po ang Financial Consultant mo sa metis? iF wala pa po i can assist you.

Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: dicktator on Aug 28, 2014, 07:07 AM
sir Dicktator,


Sino po ang Financial Consultant mo sa metis? iF wala pa po i can assist you.

Sir Adept, wala pa po. Ano bang ginagawa ng financial consultant ninyo?
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: ms_overthinker on Sep 17, 2014, 01:11 PM
Sir Adept, wala pa po. Ano bang ginagawa ng financial consultant ninyo?

From what I know, Financial Consultants from Metis yung tumutulong sa inyo in whatever you need. From trading to technical problems.  :D :D :D
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: AdeptFXtrader on Sep 23, 2014, 01:03 PM
Sir Adept, wala pa po. Ano bang ginagawa ng financial consultant ninyo?

Financial Consultant will assist you for your concerns and will guide and monitor your trades.
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: AdeptFXtrader on Sep 23, 2014, 01:04 PM
From what I know, Financial Consultants from Metis yung tumutulong sa inyo in whatever you need. From trading to technical problems.  :D :D :D



Tama po ms Overthinker  :D :cool2:
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: papito13 on Oct 08, 2014, 06:11 PM
my commision ba consultant? sir adept baka may opening sainyo? haha apply ako :D :D how much minimum sa metsi?

bro diktator pki update nlng kame kng ok trading nyo sa metsi salamat :)
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: MetisEtradePR on Oct 09, 2014, 12:11 PM
my commision ba consultant? sir adept baka may opening sainyo? haha apply ako :D :D how much minimum sa metsi?

bro diktator pki update nlng kame kng ok trading nyo sa metsi salamat :)

Hi Papito13,

If you're interested, you can join our financial advisor trainee program.

Here's the link http://www.pinoymoneytalk.com/forum/index.php?topic=44935.195
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: papito13 on Oct 09, 2014, 06:57 PM
will give it a check, thanks for the offer i do appreciate it..
Title: Re: Forex Brokers in The Philippines (Forex Broker Sa Pinas)
Post by: papito13 on Oct 15, 2014, 10:46 PM
15 dollars per lot? taas ata, sa hotforex nakikita ko mga rebates mga tag 5 per lot.. wala ako alam sa octa pero mukang kalat na kalat sila sa mga online communities tindi..