As a trader based in the Philippines, I know how confusing it can be to choose a legitimate prop trading firm.
Many firms claim to accept global traders, but not all of them provide fair rules, reliable payouts, or smooth access for Filipino traders.
In this guide, I share my real research, trader feedback, and personal experience to help Filipino traders confidently choose the best prop trading firms in 2026.
Are Prop Trading Firms Legal in Philippines?
Yes, prop trading firms are legal for Filipino traders.
Most prop firms operate internationally and do not require SEC registration in the Philippines because:
- You trade the firm’s capital
- You work as an independent contractor
- All trading activity happens online
As long as the firm officially accepts traders from the Philippines, you can legally join and trade.
How I Selected These Prop Firms (PH-Focused Criteria)
I only included firms that:
- Accept traders from the Philippines
- Pay via Wise, PayPal, crypto, or bank transfer
- Have verified Trustpilot ratings
- Support popular trading platforms
- Clearly explain their rules and evaluation process
How to Choose the Right Prop Firm as a Filipino Trader
When trading from PH, always look for:
- ✔ Profit split of 80% or higher
- ✔ Payment methods friendly to PH traders
- ✔ Reasonable challenge rules
- ✔ Trustpilot rating above 4.0
- ✔ No country restrictions
Top 10 Prop Firms in Philippines
1. FTMO
FTMO is the most established and trusted prop trading firm globally, known for strict risk management and reliable payouts.
⭐ Trustpilot: 4.8 / 5
Why It Stands Out for PH Traders
FTMO is popular among Filipino traders because of its transparency, professional structure, and long-term credibility.
Challenge Types
- 2-Step Evaluation
Platforms Supported
- MT4, MT5, cTrader
Profit Split
- Up to 90%
Recommended For
👉 Serious and disciplined Filipino traders
Pros
- Excellent reputation
- Clear rules
- Strong customer support
Cons
- Strict evaluation
- No instant funding
2. FundedNext
FundedNext is a modern prop firm offering flexible funding options and some of the highest profit splits in the industry.
⭐ Trustpilot: 4.5 / 5
Why It Stands Out for PH Traders
Filipino traders like FundedNext for its fast payouts and instant funding options.
Challenge Types
- 1-Step
- 2-Step
- Instant Funding
Platforms Supported
- MT4, MT5, cTrader, Match-Trader
Profit Split
- Up to 95%
Recommended For
👉 Traders seeking higher profit share and flexibility
Pros
- High profit split
- Multiple platforms
- Instant funding available
Cons
- Rules differ by account
- Some strict drawdown limits
3. The 5%ers
The 5%ers focuses on long-term, consistent trading with conservative risk management.
⭐ Trustpilot: 4.8 / 5
Why It Stands Out for PH Traders
Ideal for Filipino traders who prefer steady growth over aggressive trading.
Challenge Types
- 1-Step
- 2-Step
- Bootcamp
Platforms Supported
- MT5
Profit Split
- 80% → 100% (scaling)
Recommended For
👉 Conservative and swing traders
Pros
- Excellent scaling plans
- Strong reputation
- Simple rules
Cons
- Slower growth
- Lower leverage
4. Apex Trader Funding
Apex Trader Funding is a futures-focused prop firm with structured evaluations and disciplined trading rules.
⭐ Trustpilot: 4.5 / 5
Why It Stands Out for PH Traders
A strong option for Filipino traders who focus on futures markets.
Challenge Types
- 1-Step
- 2-Step
Platforms Supported
- Rithmic, Tradovate
Profit Split
- 80% – 90%
Recommended For
👉 Futures traders
Pros
- Futures specialization
- Clear rules
- Reliable payouts
Cons
- Not ideal for forex
- Strict drawdown limits
5. Funded Trading Plus
Funded Trading Plus is one of the highest-rated prop firms on Trustpilot, known for fast payouts and simple evaluations.
⭐ Trustpilot: 4.9 / 5
Why It Stands Out for PH Traders
Filipino traders appreciate its quick withdrawals and trader-friendly rules.
Challenge Types
- 1-Step
- 2-Step
Platforms Supported
- MT4, MT5
Profit Split
- Up to 90%
Recommended For
👉 Traders who value fast payouts
Pros
- Excellent Trustpilot rating
- Fast withdrawals
- Simple rules
Cons
- Higher challenge fees
6. FunderPro
FunderPro offers flexible trading conditions with TradingView support for advanced charting.
⭐ Trustpilot: 4.2 / 5
Why It Stands Out for PH Traders
Perfect for Filipino traders who prefer TradingView.
Platforms Supported
- MT4, MT5, TradingView
Profit Split
- 80% – 90%
👉 TradingView users
Pros
- EA allowed
- Platform flexibility
Cons
- Slower support response
7. DNA Funded
DNA Funded allows flexible strategies, including news trading, with fair evaluation rules.
⭐ Trustpilot: 4.3 / 5
Why It Stands Out for PH Traders
Suitable for active and news-based Filipino traders.
Platforms Supported
- TradeLocker
Profit Split
- 80% – 90%
Recommended For
👉 News and event traders
Pros
- Strategy flexibility
- Reasonable rules
Cons
- Smaller brand
8. Goat Funded Trader
Goat Funded Trader offers low-cost challenges but comes with mixed trader reviews.
⭐ Trustpilot: 3.4 / 5
Recommended For
👉 Budget-focused traders willing to take risk
Pros
- Cheap entry
- High profit split
Cons
- Lower rating
- Support concerns
9. Topstep
Topstep is a futures prop firm focused on education and disciplined trading.
⭐ Trustpilot: 4.2 / 5
Recommended For
👉 Filipino futures learners
Pros
- Strong education
- Active community
Cons
- Not forex-focused
10. Funding Pips
Short Description: Budget-friendly firm ideal for smaller traders or testing strategies.
What Makes Funding Pips Stand Out
- Lower entry cost, simple evaluation — accessible for small-cap traders.
- Clear profit-sharing model and simple structure.
Challenge Type & Platforms
- Offers 1-Step or 2-Step evaluation.
- Supports MT4 / MT5.
Profit Split
- Up to 90%, depending on plan.
Pros & Cons
Pros:
- Low barrier to entry
- Simple evaluation
- High profit potential with good strategies
Cons:
- Smaller firm, fewer resources
- Limited scaling compared to bigger firms
Recommended For
Beginners or traders testing strategies with minimal investment.
Documents Required for Filipino Traders
- Valid government ID
- Proof of address
- Email & phone number
- KYC verification
Final Thoughts
For Filipino traders, prop trading offers a powerful way to trade larger capital safely.
Top Picks:
- 🥇 FTMO – Best trust & safety
- 🥈 FundedNext – Best profit split
- 🥉 The 5%ers – Best consistency
Trade smart, stay disciplined, and choose the firm that fits your trading style.
FAQ Best Prop firms in Philippines
Are prop trading firms legal in the Philippines?
Yes. Prop trading firms are legal because you trade the firm’s capital and work as an independent contractor.
Do prop firms accept traders from the Philippines?
Yes. Most global prop firms like FTMO and FundedNext accept Filipino traders.
Do I need SEC registration in the Philippines?
No. You do not need SEC or business registration to join a prop firm.
How do Filipino traders get paid?
Most prop firms pay via Wise, PayPal, or cryptocurrency.
What is the best prop firm for beginners in the Philippines?
FundedNext and Funded Trading Plus are beginner-friendly choices.
Which prop firm is safest for Filipino traders?
FTMO and The 5%ers are considered the safest and most trusted.
How much money do I need to start?
Challenge fees usually start from $50 to $200, depending on the firm.
Can Filipino traders use MT4 or MT5?
Yes. Most prop firms support MT4 and MT5 platforms.
Can I use Expert Advisors (EAs)?
Some prop firms allow EAs, but you must check each firm’s rules.
Is prop trading risky?
Yes. You can lose the challenge fee, but you do not lose personal trading capital once funded.
