Top Forex Brokers In The Philippines

We review the best forex brokers for Filipinos to trade with

  • Pepperstone Pepperstone - Best Broker in the Philippines overall
  • Markets.com Markets.com - Top CFD Trading Tools For Trading
  • IC Markets IC Markets - Low Spread Forex Broker
  • FP Markets FP Markets - Best Proprietary Trading Platform
  • eToro eToro - Top Broker For Social Trading
  • avatrade logo AvaTrade - Best Beginner Forex Trading Platform
  • XTB XTB - Good Broker For Range Of CFDs
  • ox securities logo OX Securities - Top Broker With MetaTrader 4 Trading Platform

Markets.com
Pepperstone
IC Markets
FP Markets
AvaTrade
Our Rating
8.17
9.17
6.83
8
8.33
77% of retail investor accounts lose money when trading CFDs with this provider.
78.2% 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
0.09
0.1
0.10
GBP/USD Avg. Raw Spread
0.38
0.4
0.20
AUD/USD Avg. Raw Spread
0.17
0.2
0.20
EUR/USD Standard Spread
0.6
0.69
1.1
1.20
1.30 Retail
0.90 Professional
EUR/USD Fixed Spreads
0.9
Commissions (USD Base)
AUD/USD$3.50
$3.50
SGD 4.50
$3.00
Commission Rebates
Minimum Deposit
$250
AUD/USD $200
USD $200
$100
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
6
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+
55+
Cryptocurrency CFDs
7
12
10+
5+
15+
Index CFDs
58
14+
16+
14+
33+
Share CFDs
3312
300+
100+
12,986+
625+
Commodities CFD
36
4+
19+
4+
30+
Stockbroking
Retail Max. Leverage
30:1
30:1 (FCA/ASIC/BaFIN)
50:1 (DFSA)
200:1 (Other)
30:1 (Cysec/ASIC)
500:1 (International)
30:1
30:1 (UK/Europe/Australia)
400:1 (South Africa)
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
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)
(Aust/Europe only)
available only where European or ASIC 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
Fixed Spreads

Overall