Hey, I've been trading with Exness for a few years now, and I can share my experience from a Philippine perspective. You're right to be cautious as a beginner, especially regarding regulation. While Exness isn't directly regulated by the SEC in the Philippines, they do hold licenses from reputable international bodies like the FCA (UK) and CySEC (Cyprus). This provides a degree of security, but it's always wise to do your own due diligence. For a beginner, I'd recommend starting with their Standard Cent account. It allows you to trade with smaller lot sizes, reducing the risk of significant losses while you learn. Their platform is reasonably user-friendly, especially MetaTrader 4 (MT4), which Exness offers. MT4 has been around for a while, so there are tons of tutorials and resources available online.
Focus on learning basic technical analysis, risk management, and how to use the trading platform. Don’t just blindly follow signals or "expert" advice. You may want to research a company, such as, https://broker-ex.com.ph/ to compare to Exness. Also, take advantage of Exness's educational materials, but remember that no single broker is perfect. Start small, manage your risk, and focus on learning the ropes. Don't rush into live trading with large amounts of money until you are comfortable with the process.