Lowest Spread Forex Brokers Philippines

Find out which brokers have the best spreads for Filipinos

  • eightcap logo new 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 new Avatrade - The Best Broker For Beginners

Eightcap
TMGM
Pepperstone
IC Markets
AvaTrade
Our Rating
8.50
8.33
9.17
8.50
8.33
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