EasyMarkets vs FxPro for Philippines Traders (2026)

FxPro clearly wins on trading costs for Philippines traders. Its Raw+ account offers spreads from 0.0 pips on major pairs with a $6 round-turn commission per lot. EasyMarkets charges fixed spreads around 1.2 pips on EUR/USD and 1.5 pips on USD/JPY, with no commission. For OFW investors trading several lots per month, FxPro’s variable spreads can be significantly cheaper. For example, trading 10 standard lots on EUR/USD with FxPro costs about $60 in commission versus $120 in spread cost at EasyMarkets. EasyMarkets’ fixed spread advantage is cost predictability, which helps when trading USD/PHP during news events.

FxPro offers MT4, MT5, and cTrader—all fully optimized for mobile devices via dedicated apps. cTrader, in particular, provides advanced charting and one-click trading, perfect for mobile-first Philippines traders. EasyMarkets has a proprietary web trader and mobile app that are simpler and easier to use, but lack features like copy trading or advanced indicators. For OFW remittance investors who need to trade quickly on the go, FxPro’s platforms are superior. EasyMarkets’ platform is better for absolute beginners who want a stripped-down experience without learning curves.

FxPro uses no-dealing desk (NDD) execution with access to multiple liquidity providers, resulting in fast fill speeds (average under 50 ms) and minimal requotes. EasyMarkets uses a market maker model with dealing desk execution, which can cause occasional requotes during volatile times—such as when USD/PHP spikes due to central bank actions. For Philippines traders who scalp or trade news, FxPro’s execution is superior. EasyMarkets’ guaranteed stop-loss is a unique benefit for risk-averse traders, but execution speed is weaker overall.

FxPro is regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas)—a strong multi-regulator framework that ensures client fund segregation and negative balance protection. EasyMarkets is regulated by CySEC and ASIC (Australia), also offering fund segregation. For Philippines traders, neither broker is overseen by the SEC Philippines, but FxPro’s FCA regulation provides the highest level of protection—up to £85,000 under the UK’s FSCS compensation scheme. EasyMarkets’ ASIC regulation also offers strong oversight. Both are considered safe, but FxPro’s broader regulatory coverage adds extra confidence.

Depositing and withdrawing in PHP is possible via bank transfer at both brokers. However, neither supports GCash, PayMaya, or USDT directly. A workaround for Philippines traders is to use a digital wallet like Skrill or Neteller, which can be funded with GCash or PayMaya, then transfer to the broker. For USDT holders, you can deposit crypto to an exchange like Binance, sell for USDT, then wire the USD to the broker. EasyMarkets accepts credit/debit cards instantly, while FxPro processes bank transfers within 1-3 business days. Withdrawals are typically free at both brokers, but bank transfer fees from Philippine banks may apply. For speed, FxPro’s e-wallet withdrawals are faster than EasyMarkets’ banking methods.

Both brokers offer Islamic (swap-free) accounts for Philippines Muslim traders. EasyMarkets requires a request to activate the account, after which no swap fees are charged on overnight positions. FxPro offers swap-free automatically upon verification of Islamic faith, but profits from swap-free may be deducted or donated. For OFW Muslim traders who hold positions long-term, these accounts are essential to avoid interest (riba). EasyMarkets’ Islamic account is simpler to request, while FxPro’s is more automated. Neither broker charges extra for swap-free accounts, making them equally viable for Philippines Muslims.

EasyMarkets offers 24/5 live chat and email support, with phone support during market hours. FxPro provides 24/5 support via live chat, email, and phone in multiple languages including English. For Philippines traders, FxPro’s response times are slightly faster (average under 2 minutes in chat), while EasyMarkets can take up to 5 minutes. Both lack Tagalog support, but English is widely understood. FxPro also has a comprehensive FAQ section covering local deposit issues, which is helpful for first-time traders.