Lowest Spread Forex Brokers Philippines

Find out which brokers have the best spreads for Filipinos

  • eightcap logo Eightcap - The Best Broker Overall
  • TMGM TMGM - The Top MT4 Forex Broker
  • Pepperstone Pepperstone - The Best Broker For Range of Trading Platforms
  • IC Markets IC Markets - The Best Broker With The Lowest STP Spreads
  • eToro eToro - The Best Broker For Social Trading
  • avatrade logo Avatrade - The Best Broker For Beginners

Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
Our Rating
9.00
8.33
9.33
8.50
8.33
250 Crypto Products
IRESS Trading Platform For Shares
Fast Execution Speed
No Dealing Desk
Choice of social trading tools

Regulations and Licenses

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
ASIC (Australia)
CBI (Ireland)
SCB (Bahamas)
VFSA (Vanuatu)
Other Regulators

Brokerage

Feature
Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.06
0.10
0.17
0.02
0.3
GBP/USD Avg. Raw Spread
0.73
0.42
0.59
0.23
0.4
AUD/USD Avg. Raw Spread
0.27
0.21
0.24
0.17
0.5
EUR/USD Standard Spread
1.06
1.0
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
*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
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

Overall

Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
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 ASIC, FCA
CySEC, DFSA
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 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