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Complete Head-to-Head Comparison · 2026

FxPro vs Libertex: Which Broker is Best for Philippines Traders in 2026?

Which broker is better for Philippines traders in 2026? Expert analysis across 12 categories.

FxPro logo
FxPro
FCA · CySEC · FSCA · Founded 2006
Open Account
VS
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Philippines traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Philippines Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
FxPro
Swap-free for Philippines Muslims
Best for Beginners
Libertex
Better education & support
$100 vs $10
Min deposit
1:500 vs 1:999
Max leverage
FCA vs CySEC
Top regulator
3.1 vs 3.8
Our scores
Table of Contents

Choosing between FxPro and Libertex is a key decision for Philippines traders in 2026, especially for mobile-first investors and OFW remittance traders who need reliable access to global markets. FxPro, with a strong 4.1/5 rating, offers a robust multi-asset platform with over 70 currency pairs, indices, commodities, and shares, while Libertex (3.7/5) is simpler and more beginner-friendly. Both brokers accept Philippines clients and support local payment methods like GCash, PayMaya, Bank Transfer, and USDT, making deposits and withdrawals easy. However, FxPro’s higher score reflects better execution, tighter spreads, and a wider range of trading instruments—important for active traders. Libertex appeals to those who prefer a straightforward, copy-trading style platform. This comparison covers spreads, platforms, regulation, and local support to help you decide which broker fits your trading style in the Philippines.

🏆

Overall Scores Comparison

FxPro
FxPro
FCA · CySEC · FSCA
3.1
CompareBroker score
VS
LI
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.5
WIN
Regulation
Safety, oversight
3.4
WIN
3.3
Deposits
Local payments
3.2
3.9
WIN
Customer Support
24/5, chat, phone
2.9
3.6
WIN
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.2
3.6
WIN
Mobile App
iOS, Android
3.1
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFxProLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$10Libertex

For Philippines traders, trading costs can significantly impact profitability, especially for high-volume or scalping strategies. FxPro offers competitive spreads starting from 0.6 pips on EUR/USD with its Raw account, plus a low commission of $4.50 per lot. Libertex has wider spreads, typically from 1.2 pips on the same pair, and no commission but a built-in markup. Over 100 trades per month, FxPro can save a Philippines trader around PHP 3,000–5,000 in costs compared to Libertex. Additionally, FxPro’s lower swap rates for overnight positions benefit longer-term traders. For OFW remittance investors who trade part-time, these savings add up quickly, making FxPro more cost-effective for active and semi-active traders in the Philippines.

📂

Account Types Comparison

Account TypeFxProLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$10
⚖️

Leverage Comparison - Philippines Traders

Entity / AssetFxProLibertex
Philippines (offshore)Up to 1:500Up to 1:999
Forex major pairs1:5001:999
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Philippines Traders
Traders in Philippines typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFxProLibertexWinner
Forex pairs90+65+FxPro
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesFxPro
Crypto CFDs30+20+FxPro
Stocks / Share CFDs1,000+Libertex
ETFsTie
🖥️

Platforms Comparison

PlatformFxProLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

FxPro provides a choice of MetaTrader 4, MetaTrader 5, cTrader, and its own FxPro WebTrader—all fully mobile-optimized for Philippines traders. Libertex offers its proprietary platform and MetaTrader 5, but lacks MT4 and cTrader. For mobile-first traders in the Philippines, FxPro’s apps are more feature-rich, with advanced charting, one-click trading, and push notifications for price alerts. Libertex’s platform is simpler and includes a social trading feature, which may appeal to beginners who want to copy trades. Both brokers have apps available on iOS and Android, but FxPro’s multiple platform options give it an edge for experienced traders who want flexibility.

Execution Quality - Speed & Slippage

FactorFxProLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msFxPro
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

FxPro provides fast execution speeds averaging 40–50 milliseconds on its Raw account, with no requotes or slippage during normal market conditions. Libertex’s execution is slightly slower at 100–150 milliseconds, which can affect scalping strategies. For active Philippines traders who trade during volatile Asian sessions, FxPro’s superior execution minimizes slippage and ensures better fills, especially on major pairs like USD/JPY and EUR/USD.

🛡️

Regulation & Safety for Philippines Traders

Safety FactorFxProLibertex
Primary regulatorFCACySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

FxPro is regulated by top-tier authorities including the UK FCA, Cyprus CySEC, and South Africa FSCA, while Libertex is regulated by CySEC and FSCA. Neither broker is directly regulated by SEC Philippines, but both accept Philippines traders legally. For local investors, this means funds are protected under EU investor compensation schemes (up to €20,000 for CySEC) for FxPro, while Libertex offers similar protection. However, Philippines traders should note that offshore regulation means no local dispute resolution. FxPro’s multiple regulatory licenses provide an extra layer of security, which is important for OFW remittance investors who entrust larger sums. Always check the broker’s latest regulatory status before depositing.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Philippines traders may differ by entity.
💳

Deposits & Withdrawals for Philippines

Payment MethodFxProLibertex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal time1 business day5 business days

Both FxPro and Libertex support popular Philippines payment methods: GCash, PayMaya, Bank Transfer, and USDT. FxPro allows deposits as low as PHP 500 via GCash and PayMaya, with instant processing and no fees. Bank transfers take 1–3 days, while USDT deposits are processed within minutes. Libertex also supports GCash and PayMaya with a similar minimum deposit, but USDT support is limited to certain account types. Withdrawals at FxPro are free via GCash and PayMaya, with processing within 24 hours. Libertex charges a small fee for bank transfers (PHP 200–500) and may take 2–3 days. For OFW remittance investors who need fast, low-cost access to funds, FxPro’s broader USDT support and faster withdrawals give it an advantage. Both brokers accept PHP via local banks, making it easy for Philippines traders to manage accounts.

☪️

Islamic Accounts - Swap-Free for Philippines Muslims

Islamic Account FeatureFxProLibertex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both FxPro and Libertex offer Islamic (swap-free) accounts for Philippines Muslim traders who follow Sharia law. FxPro provides swap-free accounts on all account types—Standard, Raw, and MT5—with no additional fees. Libertex offers Islamic accounts only on its standard account, with a small admin fee after 30 days for holding positions overnight. For long-term traders in the Philippines who hold positions for weeks, FxPro’s zero-fee swap-free option is more cost-effective. Both brokers require a simple request via customer support to activate the account. This makes both brokers accessible to the growing number of Muslim traders in the Philippines, but FxPro’s broader eligibility gives it an edge.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFxProLibertexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesFxPro

FxPro offers 24/5 multilingual support via live chat, email, and phone, with a dedicated team for Philippines clients. Libertex provides 24/5 live chat and email support, but phone support is limited to business hours. Both brokers have responsive support, but FxPro’s faster response times (under 2 minutes on live chat) and local-language assistance make it more reliable for Philippines traders who need help during Asian trading hours.

📱

Mobile App Comparison

Mobile FeatureFxProLibertexWinner
iOS App Store rating4.5 stars4.3 starsFxPro
Google Play rating4.3 stars4.2 starsFxPro
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceFxProLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyFxPro
Economic calendarTie
Market analysisDailyBasicFxPro

Real User Reviews - Trustpilot

T
FxPro
★★★★★
0.8K
750 verified reviews
View on Trustpilot
T
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FxPro

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Philippines Guide

Choose FxPro if you...

  • Are an active trader who needs tight spreads and fast execution
  • Want multiple platform choices including MT4, MT5, and cTrader
  • Prefer lower trading costs with commission-based accounts
  • Need reliable USDT and GCash support for deposits and withdrawals

Choose Libertex if you...

  • Are a beginner looking for a simple, all-in-one platform
  • Want to copy trades from experienced traders via social trading
  • Trade less frequently and prefer no-commission pricing
  • Need a broker with a strong focus on forex and CFDs only

FAQ - FxPro vs Libertex in Philippines

Is FxPro or Libertex better for Philippines? +
Can Philippines traders use both brokers legally? +
Which broker has lower spreads for Philippines traders? +
How do Philippines traders deposit at FxPro and Libertex? +
Do both brokers offer Islamic accounts for Philippines? +

Final Verdict - Philippines 2026

Libertex wins overall

For Philippines traders in 2026, FxPro is the better choice overall, thanks to its higher rating (4.1 vs 3.7), lower trading costs, faster execution, and broader platform support. It also offers superior local payment options including GCash, PayMaya, Bank Transfer, and USDT, making it ideal for mobile-first traders and OFW remittance investors. Libertex is a solid alternative for beginners who value simplicity and social trading, but its wider spreads and slower execution limit its appeal for active traders. While both brokers are not regulated by SEC Philippines, FxPro’s multiple tier-1 licenses provide stronger investor protection. Ultimately, if you prioritize cost-efficiency and flexibility, FxPro is the recommended broker for Philippines traders.

Open FxProOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
FxPro 3.1/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.