Axi (formerly Axitrader) is an Australian CFD broker regulated by ASIC, the FCA and the DFSA. Axi offers clients CFD trading on Forex, metals, commodities, cryptocurrencies, and indices - a smaller range than most brokers but with a good selection of 70+ Forex pairs. Axi accounts seem to offer clients industry competitive trading costs – the Standard Account (from [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips EUR/USD), the Pro Account (0.0 pips EUR/USD + 7 USD commission), and the Elite Account (0.0 pips + 3.5 USD commission) – but unnecessarily dodges transparent practices by not publishing average spreads.  Although Axi limits its platform choice to MT4, it offers traders free use of various powerful platform-integrated technical analysis tools, including Autochartist, MyFxBook and PsyQuation to help experienced traders and serious beginners make better trading choices. At Axi, beginners have access to high-quality, structured learning material and frequent market analysis - though neither the education nor the market research is as good as the best brokers in this space. 

Trade.com does not currently accept traders from Philippines. This review is for informational purposes only. Trade.com is a reliable, well-regulated broker with a wide range of tradable assets available on the MT4, MT5, and Webtrader platforms that appeals to traders who are willing to pay higher minimum deposits for tighter spreads.   Trade.com offers an impressive range of over 2100 tradable assets, including Forex, commodities, indices, cryptocurrencies, bonds, ETFs, and over 2000 stock CFDs.  Support is offered for the MT4, MT5, and Webtrader platforms, but Trading Central is only available to those who deposit over 10,000 USD.  With four live accounts, minimum deposits start at 100 USD on its entry-level account, but spreads are wider than other similar brokers at 1.9 pips on the EUR/USD.  Spreads tighten to 0.8 pips on its top-tier Exclusive Account, but this is in exchange for a minimum deposit of 100,000 USD, putting it out of the reach of most traders.   One major drawback is that Trade.com offers virtually no educational or market analysis materials, forcing traders to self-educate with other third-party platforms.   

With a wide range of account types and its unique CrowdTrading platform, Trade360 appeals to traders looking for flexible trading conditions and those who rely on sentiment indicators to make trading decisions. Unfortunately, Trade360 also has high minimum deposits and high trading costs on most of its account options. Trade360 prides itself on its unique proprietary platform, CrowdTrading, which monitors all trader activity and computes the data instantaneously to provide inspiration for trading strategies. In theory, this is particularly useful when trying to pinpoint the peak or trough of demand for a certain asset - thus informing traders when to buy or sell the same asset. With eight live accounts, Trade360 offers trading on multiple instruments, including Forex, commodities, metals, oil, indices, ETFs, and stocks.  Trading conditions at Trade360 are extremely poor compared to other market maker brokers, with spreads that start at 4 pips on the EUR/USD in exchange for a minimum deposit of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] on its entry-level account. However, it also offers two MT5 accounts - the Standard and Zero Spread accounts with trading costs that are close to the industry average.   With higher minimum deposits,  clients are afforded more flexibility and increasing account benefits. Traders can also adjust their leverage to suit their risk appetite.   Overall, Trade360 stands out for its unique approach to crowd trading and flexible trading conditions on a wide range of account choices, but the relatively high trading costs will put many traders off.

Founded in 2012 in South Africa, CM Trading is a market maker with high ongoing trading costs and high minimum deposits compared to other Forex brokers. CM Trading offers six trading accounts, including two ECN accounts, and offers trading on multiple instruments, including Forex, indices, cryptocurrencies, commodities, oil, and metals.  Minimum deposits start at [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] on its entry-level account with average spreads at [fxs-broker-property identifier="eur_usd"] pips on the EUR/USD. Minimum deposits escalate quickly, with the Premium Account requiring a minimum deposit of 100,000 USD but still featuring relatively high ongoing trading costs.  In addition to the high minimum deposits and trading costs, a significant drawback for beginner traders is the lack of educational and market analysis materials offered at CM Trading. CM Trading charges high deposit and withdrawal fees compared to most other brokers, but local customer service is generally excellent. Like most Forex brokers, CM Trading supports the MT4 platform and allows for all trading strategies including hedging, scalping, signal trading, and algo trading. In addition, it also provides support for Sirix Webtrader - a rare web-based trading platform that runs in browsers on all devices. Sirix comes with a selection of trading tools, including the Guardian Angel system - which provides automated feedback on your trading style - and the CopyKat copy trading system. 

FXTM is an established and award-winning market maker/ECN broker offering trading on Forex, commodities, metals, stocks, and indices. FXTM’s trading costs are higher than average on its two commission-free accounts, with spreads starting at 1.5 pips on the EUR/USD. However, trading conditions improve significantly on its Advantage Account, with spreads starting at 0 pips on the EUR/USD in exchange for a reasonable commission, but a high minimum deposit of 500 USD. FXTM offers support for both the MT4 and MT5 platforms in addition to its proprietary FXTM Trading App, and a wide range of trading tools, including a VPS hosting service.   FXTM excels in its education and market analysis sections, with a good overview of Forex trading in its guides and tutorials. In addition, its daily market analysis will help beginners understand the real-world implications of news events on the Forex market and where trading opportunities lie. Beginner traders will also benefit from FXTM’s unique copy trading platform, which allows traders to copy the trades of strategy providers.