Best Training courses providers in the Philippines
Best Stock Trading Platforms allowed to trade in the Philippines. Rating with real reviews
JustMarkets is a broker that helps people make money on the financial market by providing them with the best conditions. We are an international broker, and we work with clients from all over the world. This allows us to understand that each person has his own values. Our team takes into consideration the diverse cultures, countries, trading experiences, and needs of our clients when developing the company's services. JustMarkets has a variety of trading accounts with many trading instruments so that everyone can choose the best one for him. To improve and expand the services we offer traders and partners, we keep our fingers on the pulse of current trends. We want them to have the freedom to do what they love and not be distracted by other things.
JustMarkets Pros
Trading platforms that are easy to use for mobile, desktop, and web.
A good selection of forex currency pairs for trading.
Spreads starting at 0.0 pip and fast execution speeds
Managed accounts and copy trading options
A wide selection of training articles is available.
Demo accounts are available to test trading online.
You have many quick and easy payment options.
Islamic accounts for Muslim traders
Support team available 24/7
Client funds are kept separate bank accounts
JustMarkets Cons
Absence of top-tier regulation
Trading instruments are limited in number
Clients who are from different countries will not be accepted
After several days of inactivity, you may be subject to Inactivity Fees
Charges for withdrawals
No FIX API connectivity
AvaTrade pioneers online trading since 2006.
With 7 regulations on 6 continents, we are one of the best brokers in the business.
We offer many assets and leading platforms.
Trade conditions that are generous
Integrity is more than a word. We believe in a customer-first approach to business. All we do is guided by the values of integrity, quality, and transparency.
AvaTrade believes in empowering people to trade and invest with confidence in an innovative and reliable environment. It is supported by uncompromising integrity and best-in-class service.
AvaTrade Pros
You can trade $100,000 with a 100-to-1 leverage for as low as $1,000
SharpTrader provides high-quality education opportunities
There are many trading platforms available that can meet your trading needs.
Diversification options and asset choice across multiple assets
A trusted and respected broker with supervision from central banking
Support is available in 14 different languages and trading platforms in 20 languages
Available for trial and evaluation: Demo/practice Account
AvaTrade Cons
Although trade costs are generally competitive, they are not unique
Because it isn't regulated in the United States, it's not permitted to accept customers from there.
Transferring funds can take up to five days. Withdrawals may take up to 10 days.
Our vision was to create a Forex trading platform that allows traders to access all of the products available on global markets. Traders choose FP Markets because they can trade CFDs in Forex, Shares and Indices from one account.
Our deep understanding of traders is what sets us apart from other competitors. Our clients can trade with confidence when they have the right combination of price, execution speed and cutting-edge platforms. We also know that our customers need customer support and market analysis. As a global forex broker, we are committed to our clients' interests. Our firm commitment to excellence is what makes us one the most respected forex brokers in the world.
FP Markets Pros
MT5 provides a range of powerful analytical tools including 38 technical indicators, which allow simultaneous display up to 100 stock quotes charts or currencies
MT 5 integrates tools for full fundamental analysis, including an economic calendar
Market Depth or Depth of Market [DOM] is another advantage of MT5, which shows active Bids/Offers on the market
MT5 users have many more tools available than MT4 users
Many tools are also available for free to programmers
If you have programming knowledge, you can create your own tools
MT5 supports netting options and hedging.
The platform supports several trade orders including Market (pending), Stop Orders and Trailing Stop Orders.
Copy trading, also known as algorithmic trading, is one of the most powerful features of your MT5 platform.
MT5 provides a fully integrated development environment that allows traders to rapidly build and refine trading strategies with robots.
Mobile trading with MT5 enables traders to trade Forex, stocks, and futures anywhere and anytime
If you are not a programmer, you can choose pre-configured trading programs.
Now you can carry the vast capabilities of MT5 trading platform in your pocket
MT5 Mobile provides many trading options, including netting or hedging.
Through a collection of indicators and analytical items, the app allows professional technical analysis.
MT5 Mobile lets you quickly review all your transactions, buy and sell currencies, as well as swap assets with one click
FP Markets Cons
Although the new mobile app by FP Markets is a welcome addition, it still lacks many features that are common in top mobile trading apps.
Although the educational content of FP Markets isn't particularly strong, it has improved over time with podcasts and more articles.
FP Markets' Iress platform focuses more on share trading than forex. Data fees can quickly add up if you are not an active trader or have a high-balance accounts.
FP Markets' social trading portal is compatible with MetaTrader 4 but lacks advanced performance metrics like copy trading leaders.
IC Markets is a well-known Forex CFD provider. They offer trading solutions for scalpers and active traders, as well as new traders to the market. IC Markets provides its clients with cutting-edge trading platforms, superior liquidity and low latency connectivity. IC Markets is changing the face of online forex trading. Traders now have access to pricing that was previously restricted to high-net worth individuals and investment banks. Our management team has extensive experience in CFD, Forex and Equity markets in Asia and North America. This experience has allowed us to choose the most effective technology solutions and the best pricing providers in the market.
IC Markets Pros
IC Markets charges a low amount for forex transactions
Opening an account is quick and easy.
You can deposit and withdraw your money for free.
IC Markets does not charge trading or non-trading charges.
No withdrawal or inactivity fees
The account opening process for IC Markets has been made easy and completely digital.
Credit/Debit card available
No deposit fee
Several account base currencies
MetaTrader offers the web trading platform IC Markets. The platform is very customizable, can be used in multiple languages and comes with a detailed fee report.
IC Markets Cons
IC Markets offers forex and CFDs, but has a small product portfolio.
Live chat is slow and answers are not relevant.
Clients from outside the EU do not have investor protection.
CFDs have high financing rates.
Restrictions apply to withdrawals.
VT Markets is dedicated to providing exceptional trading environments for our clients. We go above and beyond the expectations of global financial regulators. We know that traders in this industry want to trade with confidence and security. We have over 200,000 active trading accounts from clients all over the globe who rely on us to protect their assets every day. Clients funds are held in segregated accounts with the AA rated Commonwealth Bank of Australia. CBA is Australia’s largest financial institution. It has a market capitalisation in excess of $180billion and serves more than 16m customers. It is consistently ranked in top 20 of the safest banks in world. VT Markets also holds professional indemnity coverage that covers the work performed by our employees, representatives, and other authorised representatives.
VT Markets Pros
VT Markets is a regulatory agency in one tier-3 country. It is also part Vantage Group, which holds licenses in two countries of tier 1.
VT Markets offers the complete MetaTrader suite as well as premium trading tools via Trading Central.
Trading costs at VT Markets range from an average rate (when using the VT Markets ECN account) to a high price (if choosing the Standard account option).
VT Pro – The mobile app of the broker - is easy to use and offers news headlines, research, and more.
Third-party support, such as ZuluTrade copy trade and trading signals via Acceage
Reliable custodian bank and parent company that is financially stable
Reputable third-party platforms offer a wide variety of investment options.
Trading commissions for ECN are average and market spreads are exact for all account types.
VT Markets Cons
VT Markets offers fewer symbols than the vast array of markets at Saxo Bank or IG.
VT Markets offers a limited amount of educational content. This makes it more competitive than its peers.
Access to Trading Central Tools requires at least $1,000 deposit
For novice traders, the minimum deposit is $200
Access to micro (cents) accounts is not available.
The list of assets available does not include ETFs and cryptocurrencies.
OctaFX - Your reliable business partner on the Forex market
Forex traders can rely on us to make the best trading decisions. You can experience it yourself. We offer exceptional services to help you access the Forex market.
Clear and precise management of your funds, transparent trading conditions, and an easy-to-use service to handle all other matters that could distract you from making a profit are some of the things we guarantee. We provide the tools and knowledge to help you trade responsibly and efficiently. We strive to improve our standards and conditions every year in order to give you the best trading experience possible with OctaFX, the #1 Forex broker.
OctaFX Pros
MetaTrader 4, MetaTrader 5 and cTrader are all proven platforms for trading.
Spreads as tight as 0.6 pip and no broker non-trading fees for withdrawals or deposits of funds
There are many trading options, including access to copy trade services and a wide range of assets.
Available minimum deposit. You must deposit $100 to start trading.
It has been licensed by CySEC to conduct brokerage activities in Cyprus.
More than 97% of orders executed without slippage
Ability to select the type of spread (fixed or floating) for MT4 accounts.
OctaFX Cons
CFDs and cryptocurrencies cannot be traded on cTrader account.
There are limited investment options that can generate passive income.
The list of payment methods changes frequently.
The company's website does not indicate the amount of EPS commissions.
XM currently has more than 600 employees with extensive experience in the financial sector. XM is the broker of choice for traders at all levels and in every language. As a large broker, we have the experience and resources to help everyone realize their investment goals. Because we believe in human interaction and face-to-face communication, our management has traveled to over 120 cities to meet with clients and partners. To help traders make better trading decisions, we have held hundreds of seminars all over the globe. Traders have embraced XM over the years for our outstanding customer service and refreshing approach. XM has a high rate of client retention.
XM Group Pros
1,230 CFDs available, including 57 forex pairs
With Autochartist and Trading Central, in-house research can be completed.
A $10,000 deposit is required to trade non-CFD securities.
Excellent research content, including podcasts, daily videos, organized articles and other media.
For in-house broadcasting, live recordings and TV-quality content are available.
A wide range of educational webinars, articles, and Tradepedia courses.
MetaTrader Suite – Offers complete MetaTrader suite that includes signals market for copy trades and an Analyzer algorithm.
XM Broker guarantees 100% execution, 99.35% orders delivered almost immediately. No requotes guaranteed
No "markup" for narrow spreads (broker margins above spread).
More than 1,000 trading instruments. More than 55 currency pairs are available for trading, including CFDs on cross-rates, metals (including platinum and palladium), commodities (cocoa or cotton, grain), and stocks
No commission is charged for money withdrawals or replenishment. XM Broker is responsible for all costs associated with payment systems.
Support available 24 hours a day in more than 30 languages.
XM Group Cons
Spreads for standard accounts can be more costly than those of industry leaders.
The average spreads of the commission-based XM Zero account aren't published.
Services for passive investment (social trading platform, PAMM account);
The broker is expanding the number of trading platforms they offer. Despite 16 terminals being offered by the broker, they are all modified versions of MT4/MT5 for desktop and mobile trading.
Vantage is a multi-asset, global CFD broker that offers clients access to a powerful and flexible service for CFD trading on Forex, Indices and Commodities.
We have been trading for over 10 years and take great pride in offering our traders lightning-fast executions and competitive spreads. To help you get the most out of CFD trading opportunities, make use of our trading tools, drawing and analysis tools, market analysis, educational materials, as well as market analysis, and educational material.
Our clients can access our markets via the powerful MetaTrader4 and MetaTrader5 platforms as well as WebTrader or our mobile app. There are many payment options available.
Vantage gives you a trading edge.
Vantage Pros
Vantage has regulatory status in two jurisdictions tier-1 and one jurisdiction tier-3, making it a safe broker (average risks) for trading forex/CFDs.
Insurance that provides indemnity coverage is considered to offer additional protection beyond the requirements of regulations.
Vantage did a fantastic job integrating TradingView in the MetaTrader suite.
Add-ons for Smart Trader are available for MetaTrader and multiple social copy-trading platforms (not available in Australia).
Vantage is again ranked among the Top MetaTrader Brokers & Best Copy Trading Brokers for 2022.
It is easy to use and has a good graphic user interface. It can be used by business users with basic training and query information.
Vantage Cons
Pro ECN accounts require a minimum of $20,000 deposit, making them unsuitable to budget investors.
To access the Pro Trader Tools powered by Trading Central, a $1,000 deposit is required.
If you deposit less than $10,000, the spreads of the Standard account are quite low. To be eligible for active trader rebates, however, they can be very attractive.
Teradata's functionality is typically more limited and harder to use than Oracle.
HotForex, a winning commodities and forex broker, offers trading services and facilities for both institutional and retail clients. HotForex is the preferred forex broker worldwide because it offers the best trading conditions and allows traders to use expert advisors to have unlimited access to its liquidity. HotForex provides a variety of accounts, trading software, and tools that allow individuals and institutions to trade Forex and derivatives online. All Affiliate, White label clients can access liquidity and spreads via automated trading platforms. HotForex offers a wide range of account options so clients can choose the one that best suits their trading needs. HotForex offers clients at all levels the tools, and services that will help them realize their trading goals.
HotForex Pros
FX Blue Labs developed Premium Trader Tools to enhance the default MetaTrader suite.
HotForex can balance market analysis in-house with news and third-party research content.
An in-house team produces special research reports, including monthly, quarterly, and annual outlooks.
HotForex's Traders Board module provides sentiment and correlation data.
HotForex Cons
HotForex's educational content lacks quality despite having a large selection of videos.
All types of accounts have slightly higher trading costs than the industry average.
HotForex's copy trading platform HFcopy costs 300 EUR to follow (copy) existing strategies. It is not as mature as eToro’s.
The HF app is now more user-friendly, but trading is still prohibited. HotForex traders must use MetaTrader.
XTB has nearly 20 years of experience and is the world's largest stock exchange-listed FX & CFD broker. There are offices in 13 countries, including the UK, France, Germany, France, Chile, and Poland. XTB is committed to providing the best trading experience for our clients. Our core values align with this vision. Technology is a key component of finance and investing. We are aware of this and we strive to improve our trading app in line with current trends and solutions. Our goal is to make xStation the best and most functional trading app on the market. Over 495,000 people around the globe have trusted us over the past two decades of financial market activity. We are regulated by the most important supervision authorities in the world: FCA, KNF and CySEC. This means that your investments will be safe. We offer clients free insurance from Lloyd's of London. This is one of the most respected providers of specialist insurance in the world, with coverage of up 1 million Euros, GBPs, and AUD depending on where they are located. All XTB clients are automatically covered by the insurance. There is no registration required.
XTB Online Trading Pros
It is simple and fast to open an account
Quick and easy withdrawals
Some ETFs/stocks/ETFs offer low forex CFD fees, while others are commission-free.
XTB Online Trading Cons
Inactivity fee charged
We only have some basic data
CFDs limit product portfolio
HOW TO CHOOSE A TOP STOCK TRADE PLATFORM IN THE PHILIPPINES
Before you begin trading, you should answer the question “What goal is the person pursuing?” A beginner will want to be able to work on his own and make a profit. The exchange will provide this option. You can trade through intermediaries if you prefer.
Keep in mind, however, that different sites may have different information. This selection should also be considered.
Stock Brokers Quality and Usability
Some platforms have poor speed and performance. This causes delays in the graphical display and timeframes of transactions. It can cause traders to get mad. But intraday traders might not be aware of it.
Stock Broker Regulations & Trust
This market has become awash with scammers due to the increasing popularity of Stock Trading Platforms (Philippine) and the growth of Internet technology. Scammers set up fly-by nights companies to steal money. These companies lack regulators, partners and a brokerage license. These platforms can promise instant profits and mountains in gold. However, gullible individuals lose all their money.
You should therefore choose the best Stock Trading Platform Philippines owned by big-name firms that have licensed and provide good regulatory support.
Online Security and Account Protect
You can be sure that transactions are secure and your confidentiality will not be compromised by the platform. However, this depends on the stockbroker you choose.
Brokerage Account Offerings
Pay attention the daily trading volume. An exchange’s popularity is indicated by its high turnover. A higher trading volume means that you have more chances of earning money from trading here.
Broker account fees
Paid software offered by most brokers ensures that the exchange has legitimate data in real time and is reliable. One mistake on the self-made platform could mean that the trader may lose much more money than the quality subscription fee.
Noting that the broker is charged a commission, it is important to note. Depending on volume and other indicators, commissions can vary between brokers. They may range from $0.3 up to $3 per lot.
Brokers may not charge a commission to trader. Or Stock Trading Platform with an additional bonus. These cases are not only worth looking at, but also the free software. It is also worth wondering about any hidden fees that this company may be entitled to.
Commissions for trading
OTC trading (where the data often doesn’t come from any market at all, but is generated internally) is an important aspect of OTC trading. Market date (data regarding buying or selling an instrument): The broker who provides the data through the exchange will always pay. You should consider asking for a free trading platform (and correspondingly, a free date) if they offer you a trading terminal. A broker who gives this software away for free will most likely make some hidden fees.
Customer Service
It is likely that the free software you use will be of equal quality to the paid version. Traders will experience many problems, such as inability or impossibility of sending orders, “freezes” that are constant on the platform, and even complete inoperability. As we said, the request can be sent to the exchange via the server hosted by the company that offers the platform. This is where the problem lies. Traders cannot control their trades and are often victims of unscrupulous firms. Be careful when choosing.
Look for reviews online
You can read the reviews about Indian trading platforms. Every website will tell you only the best about themselves. You can only learn the truth from someone who is an independent observer and has worked with Stock Trading Platforms that are regulated in the Philippines.
Depositing and Withdrawing Money
Both deposit and withdrawal of funds is crucial. Know in advance how you can deposit and withdraw money, in what currency, and with what payment system.
What stock trading platforms in the Philippines can I use?
Philippines is home of many stock trading platforms. We’ll give you a brief list of the most acclaimed and best-rated Stock Trading Platforms.
Stock Trading Platforms of Note
JustForex
AvaTrade
OctaFX
FP Markets
HotForex
ForexTime
IC Markets
Alpari
XTB Online Trading
XM Group
How much capital do you need in order to invest?
It doesn’t cost millions to invest in stock market. The best Stock Trading Platform for Beginners in the Philippines is $10. The best part is that the more you invest the more you earn.
Can I buy stocks with out a broker?
Trades can be done without the assistance of a broker. The only thing you need is a brokerage account.