Best Forex Brokers in the Philippines

Top Forex Brokers In The Philippines

We review the best forex brokers for Filipinos to trade with

  • Pepperstone – Best Broker in the Philippines overall
  • Markets.com – Top CFD Trading Tools For Trading
  • IC Markets – Low Spread Forex Broker
  • FP Markets – Best Proprietary Trading Platform
  • eToro – Top Broker For Social Trading
  • AvaTrade – Best Beginner Forex Trading Platform
  • XTB – Good Broker For Range Of CFDs
  • OX Securities – Top Broker With MetaTrader 4 Trading Platform
Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
Our Rating
8.17
9.17
8.83
8
5
73.9% of retail investor accounts lose money when trading CFDs with this provider.
79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
Fastest Limit Order Speed
79% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
ASIC (Australia)
FCA (UK)
Central Bank of Ireland
MAS (Singapore)
CYSEC (Cypus)

Brokerage

Feature
Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.16
0.1 Raw Account
0.1
GBP/USD Avg. Raw Spread
0.4
0.4 Raw Account
0.2
AUD/USD Avg. Raw Spread
0.27
0.2 Raw Account
0.2
EUR/USD Standard Spread
0.6
1.16
1.1
1.2
1.30 Retail
0.90 Professional
EUR/USD Fixed Spreads
0.9
Commissions (USD Base)
AUD/USD$3.50
$3.50
USD $3.00
Commission Rebates
Minimum Deposit
$250
AUD/USD $200
USD $200
$100
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
Wire transfer, Visa, MasterCard, Skrill, Neteller, PayPal
16
15
8
7
No Funding Fees

Markets and Instruments

Feature
Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
Currency Pairs
120
66+
65+
61+
60+
Cryptocurrency CFDs
7
4+
10+
5+
11+
Index CFDs
58
14+
16+
14+
15+
Share CFDs
3312
63+
100+
12,986+
99+
Commodities CFD
36
4+
19+
4+
16+
Stockbroking
Retail Max. Leverage
300:1
30:1 (FCA)
500:1 (ASIC)
50:1 (DFSA)
30:1 (Cysec)
500:1 (ASIC/International)
500:1
400:1 (Intl)
30:1 (UK/Europe)
Professional Leverage
300:1
500:1
500:1
500:1
400:1

Trading Platforms + Tools

Feature
Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
ASIC Only
Standard Stop Loss
Guaranteed Stop Loss

(available only where European regulation applies)
Guaranteed Neg Protection

only with FCA regulation
Cysec Regulation Only

(available only where European regulation applies)
Demo Account
Unique Feature 1
Unique Trading Tools
Smart Trader Tools
ECN pricing
Fastest Limit Order Execution Speed
Choice of social trading tools
Unique Feature 2
Share Dealing
Fast Execution Speed
No funding fees
IRESS Trading Platform
Sign on bonus available

Overall

Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade