Is IC Markets legal in Philippines?
The SEC has repeatedly warned against unlicensed online forex platforms. Retail forex is not broadly licensed domestically, so most trading uses offshore brokers — understand the reduced protection.
IC Markets does not hold a SEC Philippines / Bangko Sentral licence specifically for Philippines in our records, so Filipino clients are typically served through IC Markets's international/offshore entity. That means you rely on that entity's regulation rather than local Philippines protection — check which entity you're signing up with.
IC Markets's regulation
Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.
For Filipino traders
Before you trade from Philippines
Laws change and are enforced differently — this is general information, not legal advice. Always confirm the current rules with SEC Philippines / Bangko Sentral and verify which IC Markets entity serves Philippines. Trading Forex/CFDs is high-risk and can lose all your capital.
IC Markets in other countries
Update history
- 2026-08-01
Availability and local-regulation context reviewed.