Check before you deposit.

TradeCheckPH helps Filipino traders verify forex brokers and prop firms before funding an account — starting with how to check a license yourself, and the scam patterns Philippine regulators keep warning about.

Latest guides

Regulation & Legality

BSP Rules on Sending Money to Offshore Brokers: What Filipino Traders Should Know

The BSP governs how money moves in and out of the Philippines — a separate question from whether the broker or the trading itself is legal.

Broker Basics

How CPA/Bonus Offers Work — and Why "Free Money" Offers Can Be a Red Flag

Deposit bonuses and referral payouts aren't inherently scams — but the terms attached to them are exactly where predatory brokers hide the catch.

Broker Basics

Demo Account vs Live Account: How to Test a Broker Safely

A demo account can tell you a lot about a broker's platform — but not everything. Here's what a demo actually proves, and what it can't.

Regulation & Legality

FAQ: Answering the Most-Searched Questions About Forex Trading in the Philippines

Quick, direct answers to the questions Filipino traders ask most often, with links to the full guides for anything that needs more depth.

Prop Firms

How to Choose a Prop Firm: Checklist Before You Pay for a Challenge

A working checklist to run through before you pay any evaluation fee — because the fee is non-refundable in most models regardless of outcome.

Broker Basics

How to Read a Broker's Terms: Spreads, Swaps, and Hidden Fees Explained

The cost of trading isn't just the commission line on the pricing page — here's where brokers actually make money, and where to look for it in the terms.

Broker Basics

Leverage Explained: Why High Leverage Offers Can Be Risky

Leverage lets you control a bigger position than your deposit alone would allow — which is exactly why it magnifies losses as fast as it magnifies gains.

Broker Basics

Mobile Trading Apps: Security Checklist Before You Link Your Bank Account

Your trading app touches your bank account and identity documents — a quick security checklist before you link either.

Broker Basics

What Is Negative Balance Protection and Why It Matters

Without this protection, extreme market moves can leave you owing your broker more than you deposited — here's how the safeguard works and how to check if you have it.

Regulation & Legality

Tax Basics for Filipino Forex Traders (General Education, Not Tax Advice)

A framework for understanding how forex trading profits generally fit into Philippine tax obligations — with the specific numbers left to the BIR and a professional, on purpose.

Broker Basics

Understanding Regulator Websites: How to Search FCA/ASIC/CySEC Registers Yourself

The official registers are free, public, and the only source you should actually trust — here's how to navigate each one without getting confused by naming and entity structure.

Prop Firms

Prop Firm vs Direct Broker Trading: Which Is Right for Beginners?

Two different paths to trading, with different capital requirements, different rules, and different risks — here's how to think about which fits your situation.

Broker Basics

Withdrawal Problems: How to Tell If a Broker Is Stalling Payouts

Withdrawal friction is the single most-reported complaint about problem brokers — here's how to tell a normal delay from a real warning sign.

Broker Basics

Glossary: Forex Terms Every Filipino Beginner Should Know

Plain-language definitions for the terms you'll run into constantly while researching brokers, regulation, and prop firms.

Regulation & Legality

SEC Advisory List Explained: What It Means When a Broker Is Flagged

An SEC advisory isn't automatically proof of a scam broker — here's what the advisory list actually means, and why even internationally regulated brand names sometimes appear on it.

Broker Basics

Regulated vs Unregulated Brokers: Why the Difference Matters for Your Deposit

Regulation doesn't guarantee you'll never lose money trading — but it changes what protections exist if a broker mishandles your funds.

Prop Firms

What Is a Prop Firm? Beginner's Guide to Funded Trading Challenges

Prop firms let you trade with the firm's capital after passing an evaluation — here's how the model actually works, and what to check before you pay for a challenge.

Scam Awareness

Common Forex Scams Targeting Filipino Traders (and Red Flags to Watch For)

Five recurring patterns behind forex-labeled investment scams reported in the Philippines, and how to check if something you're looking at fits the pattern.

Broker Basics

How to Check If a Forex Broker Is Legit: FCA / ASIC / CySEC License Verification Guide

A five-step process to verify a broker's license directly on the regulator's own register, in under five minutes.

Regulation & Legality

Is Forex Trading Legal in the Philippines? SEC & BSP Rules Explained (2026)

A framework for understanding what Philippine regulators actually target when they warn about forex — and where legitimate trading fits.

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