With a range of useful trading tools and a large set of Forex pairs, TrioMarkets may appeal to experienced traders looking for a new MT4 broker, though trading costs are extremely high on all account options.   An ECN/STP broker, Triomarkets offers trading on 60+ Forex pairs, cryptocurrencies, metals, indices, shares, energies, and commodities.  With four live accounts, TrioMarkets’ commission-free entry-level account has a minimum deposit of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"], but very wide spreads ([fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD).  Spreads tighten to 0 pips on its Premium Account - with a relatively high commission of 8 USD (round turn) - but this account requires a minimum deposit of 50,000 USD, making it inaccessible to most traders.   TrioMarkets only supports the MT4 trading platform, but it does offer various powerful trading tools. TrioExtend is an MT4 plugin that features sophisticated alarms and messaging systems, technical analysis tools, and live sentiment and correlation tracking.  TrioMarkets also offers a social trading platform, FIX API, a VPS hosting service, and MAM/PAMM accounts.   TrioMarkets provides little in the way of educational and market analysis materials and customer support is also largely unresponsive and unavailable, making it a poor choice for beginner traders.  

Founded in 2014, Capital Index appeals to traders looking for a well-regulated MT4 broker with a substantial Forex offering and a low deposit entry-level account with no commissions.   A multi-asset broker, Capital Index offers trading on commodities, indices and 53 Forex pairs, including majors, minors, and exotics.  Minimum deposits start at [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] on its Advanced Account, but spreads average at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is wider than other similar brokers.  Spreads tighten to 1.0 pips (EUR/USD) on its Pro Account, but this is in exchange for a minimum deposit of 10,000 USD, putting it out of the reach of most traders.   Although Capital Index is an MT4-only broker, it provides fast execution and allows all trading strategies, including hedging, scalping, and algorithmic trading.  A significant drawback is that Capital Index provides a limited selection of educational and market analysis materials, making it a poor choice for beginner traders. 

FXCM may appeal to high-volume traders who appreciate a wide platform choice and an extensive suite of advanced trading tools. However, its fixed leverage, high trading costs, high currency conversion fees, and high-interest rates on accounts that go into a negative balance may deter some traders.  A well-regulated broker, FXCM offers an average number of financial instruments compared to other brokers, including Forex, commodities, indices, share CFDs, and cryptocurrencies. FXCM's single account has a minimum deposit of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] and average spreads of [fxs-broker-property identifier="eur_usd"] pips (EUR/USD), which is wider than other brokers. Clients with a notional trading volume of more than 10 million USD per month are eligible for rebates, dedicated customer support, free VPS services, and free access to multiple APIs.  FXCM 's range of trading platforms includes MT4, various advanced specialty platforms, and FXCM's award-winning proprietary platform, Trading Station. It also offers numerous trading tools, including various API tools, TradingView, Zulutrade, and a host of FXCM apps. 

Please note that Plus500 no longer offers services to Filipino traders.  This review is for informational purposes only. Founded in 2008, Plus500 is a well-regulated market maker that is publicly traded on the London Stock Exchange.  It offers a wider range of tradable instruments than is available at other CFD providers, including over 70 Forex pairs, cryptocurrencies, indices, commodities, shares, options, and ETFs. Although Plus500 only offers one live account, which is limited compared to other CFD providers, its trading costs are average, with spreads starting at [fxs-broker-property identifier="eur_usd"] pips on the EUR/USD, no commissions, and a minimum deposit requirement of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"].   Additionally, unlike other CFD providers that provide support for a variety of trading platforms -  such as MT4, MT5, or cTrader - Plus500 only offers support for its proprietary platform.  The platform is web-based with no need for any downloads or setup, making it a good choice for beginner traders, but Plus500 does not offer hedging, scalping, or copy trading.     Plus500’s education and market analysis materials are virtually non-existent, making it a poor choice for beginner traders, but its award-winning customer service is available 24/7, which is exceptional for an industry where trading is usually offered 24/5.  

Founded in 2012, BDSwiss is a responsible and well-regulated broker with a large international customer base.  It offers trading on multiple instruments, including Forex, commodities, shares, indices, and over 26 cryptocurrencies, which is a much wider range than is available at other brokers.   BDSwiss's trading fees are higher than other brokers across most of its account types. The Cent Account requires a minimum deposit of 10 USD and spreads start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, but no commissions are charged for Forex trading. Trading fees are significantly lower on the Raw Account, down to 0.3 pips (EUR/USD) with a commission of 6 USD, but this is in exchange for a minimum deposit requirement of 5000 USD.   With full support for both the MT4, MT5, and its own proprietary trading platforms, traders can access various trading tools, including Autochartist and built-in trend analysis tools.  Additionally, its award-winning educational and analytical materials cater to traders of all experience levels, and BDSwiss allows all trading strategies, including hedging, scalping, and algorithmic trading.