How to pay for a prop firm challenge from the Philippines

Firms charge in US dollars. These are the payment options that tend to work for Filipino traders.

Cards

Visa and Mastercard work at most firms. Your bank converts dollars to pesos and may add a foreign transaction fee.

Some e-wallets issue virtual cards you can use online. Check the card's foreign transaction fee and spending limits.

Crypto avoids card fees. Make sure you use the network the firm specifies.

Can I pay in pesos?

Almost no firm charges in pesos.

Is crypto payment refundable?

No. Crypto payments can't be reversed, so double-check before you send.