Do you have an office here in the Philippines?
I'm interested to trade Forex. I just want to make it sure that there is an office here in Manila and if there is none, where will i deposit and withdraw funds from my account?
Hi Kaycee, all brokers in our panel accept traders from the Philippines and abroad.
I'm not aware of any with offices in Manila; however, I don't see this being a problem for depositing or withdrawing funds as they typically work with traders from all over the world. For example, eToro.com has over 5 million registered traders from over 140 countries.
Once you've opened an account with your preferred broker, they'll provide you with instructions for making your first deposit. You could either use your bank's website to deposit funds or go into your bank's branch. When you want to withdraw funds, simply raise a withdrawal request with your broker and funds will be paid back to your bank account. Most brokers also support deposits and withdrawals over credit and debit cards if you prefer.
To get started, I suggest that you compare brokers here, and find an account that works for you. Then, don't hesitate to contact brokers directly to enquire about their deposit and withdrawal processes. Most have FAQ sections as well as online chat systems.
Thank you for the information Stephane. It is indeed helpful. FXCM has an office here in manila, though i prefer FxPro due to the cTrader platform features as well. And also I've read a lot of good feedback with FxPro. Their platform and website is very user friendly, which is very helpful most specially for a beginner like me. Thank you and more power.