Compare Forex Brokers In The Philippines

Here are the best fx brokers for filipino traders

  • eightcap logo new Eightcap - The Best Broker Overall
  • TMGM TMGM - The Top Forex Broker for MT4
  • Pepperstone Pepperstone - Great Broker For No Commission Spreads
  • IC Markets IC Markets - Best Range Of Trading Platforms
  • avatrade logo new Avatrade - Top Choice For Fixed Spread Trading
  • eToro eToro - The Best Forex Broker For Social Trading

Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
Eightcap don't provide % of clients who lose money
TMGM don't provide % of clients who lose money
74.7% 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
71% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
Other Regulators

Brokerage

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.06
0.10
0.17
0.02
-
GBP/USD Avg. Raw Spread
0.73
0.42
0.59
0.23
-
AUD/USD Avg. Raw Spread
0.27
0.21
0.24
0.17
-
EUR/USD Standard Spread
1.06
1
0.75
0.62
0.90
EUR/USD Fixed Spreads
-
-
-
-
0.90
Commissions (USD Base)
$3.50
$3.50
$3.50
$3.50
-
Minimum Deposit
$250 (Raw)
$500 (Standard)
$100
$0
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
8+
5+
16+
15+
7+
No Funding Fees

Markets and Instruments

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
Currency Pairs
40+
60+
62+
61+
55+
Cryptocurrency CFDs*
250+
12+
12+
18+
15+
Index CFDs
10+
15+
14+
16+
33+
Share CFDs
400+
12,000+
300+
100+
625+
Commodities CFD
4+
5+
9+
26+
30+
Stockbroking
-
-
-
-
-
Retail Max. Leverage (With offshore regulators)
500:1
500:1
200:1
500:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Low ECN Spreads
Servers in Tokyo TY3
Smart Trader Tools
ECN pricing
Choice of social trading tools

Overall

Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade