Best Forex Trading App in the Philippines

The are the best apps for trading on your mobile

  • eightcap logo new Eightcap - Has The Best Range Of Markets For MT5
  • TMGM TMGM - The Top Forex Broker For MT4
  • Pepperstone Pepperstone - The Best Forex Broker For Beginner (Guaranteed Stop-Loss)
  • ig logo new IG Markets - Has The Best Range Of Markets For MT5
  • IC Markets IC Markets - The Best Forex Broker For Copy Trading (Zulutrade)
  • eToro eToro - The Best Forex Broker For Social Trading
  • ThinkMarkets Thinkmarkets - The Best Forex Broker For Propriety Platform (Thinktrader)

Eightcap
TMGM
Pepperstone
eToro
IC Markets
Our Rating
8.50
8.33
9.17
7.17
8.50
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
68% of retail investor accounts lose money when trading CFDs with this provider.
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd

Regulations and Licenses

Feature
Eightcap
TMGM
Pepperstone
eToro
IC Markets
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
0.75
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

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
Unique Feature
Low ECN Spreads
Servers in Tokyo TY3
Smart Trader Tools
CopyTrader functionality
for automated trading
ECN pricing

Overall

Eightcap
TMGM
Pepperstone
eToro
IC Markets