Most effects are slow on mobile, but are you sure that they are the main reason of poor performance? Are you getting reasonably good FPS if you disable all effects?
One way of optimizing effects is to apply them to layers instead of objects. One effect applied to the entire layer will work faster than the same effect applied to several separate sprites.
You can probably replace these effects with blend modes (like "destination out"), they may work faster.
Also try not to use "Force own textures" setting on layers, as it also causes slowness. Unfortunately, some effects/blend modes require it.
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There have been lots of discussions about this topic, try googling (since Search function on this new forum doesn't work yet).