Posted on February 06, 2017 at 08:08Can I am use internal PHY for this
application?
No. Internal PHY in STM32F429 is Full Speed only, for both USB modules. See STM32F429 datasheet, DocID024030 Rev 9, ch.3.34 Universal serial bus on-the-go high-speed (OTG_HS):
The USB OTG HS supports both full-speed and high-speed operations. It integrates the
transceivers for full-speed operation (12 MB/s) and features a UTMI low-pin interface (ULPI)
for high-speed operation (480 MB/s). When using the USB OTG HS in HS mode, an
external PHY device connected to the ULPI is required.
JW