Best Forex Trading App in the Philippines

The best forex apps for trading on your mobile are:

  • eightcap logo new Eightcap - Best Forex Broker For MetaTrader 5
  • TMGM TMGM - Best Forex Broker For MetaTrader 4
  • Pepperstone Pepperstone - Best Forex Broker For Beginners
  • ig logo new IG Markets - Great Range Of Markets For MT5
  • IC Markets IC Markets - Good Copy Trading Forex Broker
  • eToro eToro - Top Social Trading Forex Broker
  • ThinkMarkets Thinkmarkets - Good Proprietay Forex Trading App

Eightcap
TMGM
Pepperstone
eToro
IC Markets
Our Rating
9.00
8.33
9.33
7.17
8.50
250 Crypto Products
IRESS Trading Platform For Shares
Smart Trader Tools
CopyTrader functionality
for automated trading
No Dealing Desk

Regulations and Licenses

Feature
Eightcap
TMGM
Pepperstone
eToro
IC Markets
ASIC (Australia)
FSA (Seychelles)
SCB (Bahamas)
VFSA (Vanuatu)
Other Regulators

Brokerage

Feature
Eightcap
TMGM
Pepperstone
eToro
IC Markets
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
0.77
3.00
0.62
EUR/USD Fixed Spreads
-
-
-
-
Commissions (USD Base)
$3.50
$3.50
$3.50
-
$3.50
Minimum Deposit
$250 (Raw)
$500 (Standard)
$100
$0
$200
$0
Swap Free Account
No Inactivity Fees
Funding Methods
8+
5+
16+
11+
15+
No Funding Fees

Markets and Instruments

Feature
Eightcap
TMGM
Pepperstone
eToro
IC Markets
Currency Pairs
40+
60+
62+
49+
61+
Cryptocurrency CFDs*
250+
12+
12+
46+
18+
Index CFDs
10+
15+
14+
13+
16+
Share CFDs
400+
12,000+
300+
2000+
100+
Commodities CFD
4+
5+
9+
33+
26+
Stockbroking
-
-
2000+
-
Retail Max. Leverage (With offshore regulators)
500:1
500:1
200:1
400:1
500:1

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

Overall

Eightcap
TMGM
Pepperstone
eToro
IC Markets
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 > 9.00 ASIC, SCB 0.06 0.73 0.27 115ms $250 (Raw)
$500 (Standard)
40+ 250+ 500:1 500:1
Visit Broker > 8.33 FMA, VFSA
ASIC
0.10 0.42 0.21 180ms $100 60+ 12+ 200:1 200:1
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1