Best Forex Trading Platform For Beginners In The Philippines

Here are our top recommended trading platforms for Filipino beginner traders:

  • Pepperstone Pepperstone - Best Forex Broker For Beginner Traders
  • AvaTrade AvaTrade - Top Beginner Web Trading Platform
  • think markets logo ThinkMarkets - Good Beginner Mobile Trading Platform
  • eToro eToro - Best Social Trading Platform For Beginners
  • Plus500 Plus500 - Good Risk Management Forex Platform
  • fxpro logo FxPro - Top cTrader Beginner Forex Broker
  • FXCM FXCM - Good MetaTrader 4 Forex Brokers

Pepperstone
AvaTrade
ThinkMarkets
eToro
Plus500
Our Rating
9.33
8.33
7.67
7.17
5.83
Smart Trader Tools
Choice of social trading tools
STP Order Execution
CopyTrader functionality
for automated trading
Trade cannabis index

Regulations and Licenses

Feature
Pepperstone
AvaTrade
ThinkMarkets
eToro
Plus500
ASIC (Australia)
FSCA (South Africa)
CBI (Ireland)
FSA (Seychelles)

Brokerage

Feature
Pepperstone
AvaTrade
ThinkMarkets
eToro
Plus500
EUR/USD Avg. Raw Spread
0.17
0.3
0.1
-
-
GBP/USD Avg. Raw Spread
0.59
0.4
-
-
-
AUD/USD Avg. Raw Spread
0.24
0.5
-
-
-
EUR/USD Standard Spread
0.77
0.90
-
3.00
0.80
EUR/USD Fixed Spreads
0.90
-
-
-
Commissions (USD Base)
$3.50
-
$3.50
-
-
Minimum Deposit
$0
$100
$0
$200
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
7+
6+
11+
3+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
AvaTrade
ThinkMarkets
eToro
Plus500
Currency Pairs
62+
55+
46+
49+
71+
Cryptocurrency CFDs*
12+
15+
21+
46+
15+
Index CFDs
14+
33+
21+
13+
67+
Share CFDs
300+
625+
1200+
2000+
1816+
Commodities CFD
9+
30+
15+
33+
22+
Stockbroking
-
-
2000+
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
500:1
400:1
300:1
Retail Max. Leverage (South Africa)
Major Pairs 30:1
Minor Pairs 20:1
-
-
-
Pro. Max. Leverage (South Africa)
400:1
500:1
-
-
Retail Max. Leverage (With offshore regulators)
200:1
400:1
500:1
400:1
300:1

*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
AvaTrade
ThinkMarkets
eToro
Plus500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

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 > 8.33 AISC, FSCA
IIROC, ADGM
0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1
Visit Broker > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 5.83 ASIC, CySEC
FCA, FMA
- - - 140ms $100 71+ 15+ 30:1 300:1