FXTM vs FxPro Philippines 2026: Complete Comparison for Local Traders
Which broker is better for Philippines traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Philippines Traders
For Philippines traders looking to trade forex, CFDs, and commodities, FXTM and FxPro are two top-tier brokers with strong global reputations. Both accept PHP deposits and offer local payment methods like GCash, PayMaya, Bank Transfer, and USDT, making them accessible for mobile-first traders and OFW remittance investors. FXTM is regulated by the SEC Philippines and has a local office, while FxPro is overseen by the FCA and CySEC. This comparison focuses on what matters most to Philippines traders: low costs, fast deposits, reliable platforms, and regulatory safety. Whether you are a beginner trading from your smartphone or an experienced trader managing a larger portfolio, understanding the differences between FXTM and FxPro will help you choose the right broker for your needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
For Philippines traders, trading costs are a key factor. FXTM offers spreads from 0.1 pips on its ECN account and zero commission on Standard accounts. FxPro starts at 0.2 pips on its Raw account with a small commission. On a typical EUR/USD trade of 1 lot (US$100,000), FXTM's cost is about US$1–2 per side, while FxPro's is around US$3–4. For traders using smaller volumes (0.01 lot), FXTM's lower spreads are more cost-effective. Both brokers have no hidden fees on deposits via GCash, PayMaya, or bank transfer.
Account Types Comparison
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - Philippines Traders
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| Philippines (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXTM offers MetaTrader 4, MetaTrader 5, and its own FXTM Trader app, optimized for mobile-first Philippines traders. FxPro provides MT4, MT5, cTrader, and its own FxPro Edge platform. For Philippines traders who trade on the go, FXTM's app is more intuitive and supports local payment integration. FxPro's cTrader is excellent for advanced charting and algorithmic trading. Both platforms are available in English and support one-click trading.
Execution Quality - Speed & Slippage
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FXTM offers ECN execution with no requotes and average execution speed of 0.1 seconds. FxPro uses No Dealing Desk (NDD) execution with speeds under 0.1 seconds. Both are reliable for scalping and news trading. For Philippines traders with slower internet connections, both brokers perform well, but FXTM's local servers may offer slightly better latency.
Regulation & Safety for Philippines Traders
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the SEC Philippines, FCA (UK), and CySEC (Cyprus). This means Philippines traders have local regulatory protection and access to a local office. FxPro is regulated by the FCA, CySEC, and FSCA (South Africa) but does not hold an SEC Philippines license. For Philippines traders, FXTM offers stronger local oversight and deposit insurance under SEC Philippines rules. FxPro still provides solid international regulation but may lack the same level of local recourse.
Deposits & Withdrawals for Philippines
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
Depositing and withdrawing funds is straightforward for Philippines traders. FXTM supports GCash, PayMaya, local bank transfer, and USDT deposits. Minimum deposit is US$10 (approx. PHP 550). Withdrawals are free and processed within 1–2 business days via the same method. FxPro accepts bank transfer and USDT but does not directly support GCash or PayMaya. Minimum deposit is US$100 (approx. PHP 5,500). Both brokers process PHP withdrawals via bank transfer, but FXTM's local e-wallet options are faster and more convenient for mobile-first users.
Islamic Accounts - Swap-Free for Philippines Muslims
| Islamic Account Feature | FXTM | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FXTM and FxPro offer Islamic (swap-free) accounts for Philippines Muslim traders. FXTM provides Islamic accounts on its Standard and ECN accounts, with no swap charges on overnight positions. FxPro offers Islamic accounts on all account types, including MT4, MT5, and cTrader. Both brokers require a declaration of Muslim faith and do not charge administration fees. For Philippines traders, FXTM's lower minimum deposit makes Islamic accounts more accessible for smaller accounts.
Customer Support Comparison
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 customer support via live chat, email, and phone, with a dedicated Philippines hotline. FxPro provides 24/5 support via live chat, email, and phone, but does not have a local Philippines number. Both support English and Tagalog. FXTM's local presence means faster response times for Philippines traders.
Mobile App Comparison
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
FxPro
Who Should Use Which Broker? - Philippines Guide
Choose FXTM if you...
- Want to deposit with GCash or PayMaya and trade with a low minimum of US$10
- Prefer a broker regulated by the SEC Philippines with local support
- Trade on mobile using the FXTM Trader app
- Are a beginner or OFW trader looking for low spreads and no commission on Standard accounts
Choose FxPro if you...
- Need access to cTrader for advanced charting and algorithmic trading
- Can deposit US$100 or more via bank transfer or USDT
- Trade larger volumes and want tight spreads on Raw accounts
- Prefer a broker with FCA regulation and a wider range of platform choices
FAQ - FXTM vs FxPro in Philippines
Final Verdict - Philippines 2026
For most Philippines traders, FXTM is the better choice. It offers lower minimum deposits, direct support for GCash and PayMaya, SEC Philippines regulation, and a mobile-first trading app. FxPro is a strong alternative for advanced traders who need cTrader and can meet the higher deposit threshold. Both brokers are reliable and secure, but FXTM's local touch and lower costs make it the ideal broker for mobile-first traders and OFW remittance investors in the Philippines.