Demo Account Guide
Demo Account Guide
R
HOME / PHILLIPCAPITAL REVIEW

PhillipCapital Review

Broker Information Security Popularity Payment Spec Instruments Score
Security A
Popularity E
Payment E
Spec B
Instrument A
A
E
E
B
A
score 50
PhillipCapital
  Regulation 100  
ASIC
FCA
  Security 88  
Segregated accounts
Established more than 10 years
  Instrument 100  
Forex
Stock
Bonds
Index
etf
Oil
Gold
  Platform 44  
MetaTrader 4
  Payment 56  
Credit/debit card
Wire
  Features 72  
Bonus
Education
Api
Manage
  Popularity 26
  Spec 88  
Hedging
Scalping
Fixed Spread
Swap

💲 Min Deposit $200

Year Established 1975

💼 Regulation

💡 Min Position 0.01 lot

🌐 Website phillipcapitaluk.com

🌎 Country United KingdomAustralia

Max Leverage 1:200

💰 Bonuses

📁 Segregated accounts

📖 Free education

PhillipCapital is a well-established broker since 1975. PhillipCapital has headquarters in United Kingdom and Australia. PhillipCapital to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FCA 169760 and ASIC AFSL 246827.


Account Information

Apart from the forex demo account, this broker offers Phillip Account (UK), Premium (UK), Phillip Horizon (AU), Phillip Gateway (AU) and Phillip Accelerator (AU). To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by PhillipCapital is up to 1: 200. Meanwhile, you can open an account with a starting capital of $200.

pin

Min Deposit

$200

pin

Max Leverage

1:200

pin

Spread

Variable and Fixed

pin

Commission

$3.50

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1500

💡 Min Position 0.1 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

💸 Commission

Instruments Traded

Besides lots of currency pair, PhillipCapital also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Oil for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Phillip Account (UK) account, PhillipCapital specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:50


💲 Min Deposit $15000

💡 Min Position 0.1 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

💸 Commission

Instruments Traded

Besides lots of currency pair, PhillipCapital also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Oil for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Premium (UK) account, PhillipCapital specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:50


💲 Min Deposit $200

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

One-Cancels-Other (OCO) orders

1️⃣ One-click trading

💸 Commission $3.50

Instruments Traded

Besides lots of currency pair, PhillipCapital also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Stocks, Options, Energies and Bonds for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Phillip Horizon (AU) account, PhillipCapital specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:100

Options

Options
1:100

Energies

Energies
1:100

Bonds

Bonds
1:100


💲 Min Deposit $5000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

One-Cancels-Other (OCO) orders

1️⃣ One-click trading

💸 Commission $3.50

Instruments Traded

Besides lots of currency pair, PhillipCapital also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Stocks, Options, Indexes, Energies and Bonds for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Phillip Gateway (AU) account, PhillipCapital specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:100

Options

Options
1:100

Indexes

Indexes
1:100

Energies

Energies
1:100

Bonds

Bonds
1:100


💲 Min Deposit $50000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

One-Cancels-Other (OCO) orders

1️⃣ One-click trading

💸 Commission $3.50

Instruments Traded

Besides lots of currency pair, PhillipCapital also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Stocks, Options, Futures, Energies, Bonds and ETF for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Phillip Accelerator (AU) account, PhillipCapital specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:100

Options

Options
1:100

Futures

Futures
1:100

Energies

Energies
1:100

Bonds

Bonds
1:100

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

PhillipCapital also provides payment with Credit/debit cards and Check



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, PhillipCapital offers you MetaTrader 4 and Currenex Viking.

Customer Support

Do you have any question or find any trouble related to PhillipCapital? If you do, you should reach PhillipCapital's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English

Office Support

Email Support

Call Support

Chat Support



FAQ About PhillipCapital

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if PhillipCapital is a good broker for you or not by reviewing the criteria. In general, PhillipCapital provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Options , Energies , Bonds , Indexes , Futures and ETF . As for the payment methods, you can choose between Wire transfer, Credit/debit cards and Check. The customer support is available via Email, Phone and Live chat.


The starting capital in PhillipCapital is $200.


PhillipCapital is regulated by FCA 169760 and ASIC AFSL 246827. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


PhillipCapital is a brokerage company offering trading services for clients since 1975 with offices in United Kingdom and Australia.



Please log in to leave a comment.