PhillipCapital is a well-established broker since 1975. PhillipCapital has headquarters in Australia and United Kingdom. PhillipCapital to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by ASIC AFSL 246827 and FCA (UK) 169760.
Company Information
Features
💰 Bonus offers
📖 Free education
📁 Segregated accounts
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.
Min Deposit
$200
Max Leverage
1:200
Spread
Variable and Fixed
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)
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:
💲 Min Deposit $15000
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
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:
💲 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
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:
💲 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
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
1:100
Gold & silver
1:100
Options
1:100
Indexes
1:100
Energies
1:100
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
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
1:100
Gold & silver
1:100
Options
1:100
Futures
1:100
Energies
1:100
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 Check and Credit/debit cards
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
Office Support
Email Support
Call Support
Chat Support
FAQ About PhillipCapital
Is PhillipCapital a good broker?
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 Check, Credit/debit cards and Wire transfer. The customer support is available via Email, Live chat and Phone.
What is the minimum deposit for PhillipCapital?
The starting capital in PhillipCapital is $200.
Is PhillipCapital regulated?
PhillipCapital is regulated by ASIC AFSL 246827 and FCA (UK) 169760. 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.
Is PhillipCapital legit?
PhillipCapital is a brokerage company offering trading services for clients since 1975 with offices in Australia and United Kingdom.
