Best Forex Broker Philippines List

The best forex trading platforms for Filipino traders are:

  • Pepperstone Pepperstone - Best Forex Broker In The Philippines
  • IC Markets IC Markets - Lowest Spread Regulated Forex Broker
  • eToro eToro - Top Forex Broker For Social Trading
  • AvaTrade AvaTrade - Best Forex Trading Platform For Beginners
  • XTB XTB - Great forex broker for CFD trading including shares.

Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
Our Rating
9.33
8.50
8.17
7.17
8.33
Smart Trader Tools
No Dealing Desk
Fastest Limit Order Execution Speed
CopyTrader functionality
for automated trading
Choice of social trading tools

Regulations and Licenses

Feature
Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
ASIC (Australia)
CBI (Ireland)
FSA (Seychelles)
Other Regulators

Brokerage

Feature
Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
EUR/USD Avg. Raw Spread
0.17
0.02
0.20
-
0.3
GBP/USD Avg. Raw Spread
0.59
0.23
0.70
-
0.4
AUD/USD Avg. Raw Spread
0.24
0.17
0.40
-
0.5
EUR/USD Standard Spread
0.77
0.62
1.30
3.00
0.90
EUR/USD Fixed Spreads
-
-
0.90
Commissions (USD Base)
$3.50
$3.50
$3.00
-
-
Minimum Deposit
$0
$0
$100
$200
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
15+
10+
11+
7+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
Currency Pairs
62+
61+
63+
49+
55+
Cryptocurrency CFDs*
12+
18+
4+
46+
15+
Index CFDs
14+
16+
14+
13+
33+
Share CFDs
300+
100+
12,986+
2000+
625+
Commodities CFD
9+
26+
7+
33+
30+
Stockbroking
-
2000+
-
Retail Max. Leverage (With offshore regulators)
200:1
500:1
500:1
400:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
IC Markets
FP Markets
eToro
AvaTrade
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 8.17 ASIC, CySEC 0.20 0.70 0.40 95ms $100 63+ 4+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 8.33 AISC, FSCA
IIROC, ADGM
0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1