Philippines · Tier-2

BSP: central bank, no retail forex licensing.

Bangko Sentral ng Pilipinas · est. 1993

The BSP is the Philippine central bank. It supervises banks and FX dealers, but doesn't license retail forex brokers — which is why every broker serving Philippine retail does so under an overseas regulator. The SEC PH licenses securities; neither covers spot forex CFDs.

Brokers regulated
7
Tier
Tier 2
Country
Philippines
Filings tracked
0
Reality check

What the BSP badge actually means.

Key protections
  • Banking and money-changer oversight
  • FX flow monitoring
Known limitations
  • No retail forex licensing — all Filipino retail forex is offshore
  • Limited recourse for Filipino traders if an overseas broker fails
Active licenses

0 of our brokers hold BSP licenses.

All brokers
Recent activity

BSP actions, across our brokers.

No filings tracked yet for BSP on the brokers we currently cover.