PhillipCapital UK as a part of the PhillipCapital Group of companies was established forty decades ago Singapore and has locations in 16 countries and more than $1 billion in shareholder funds. The broker trading offerings place emphasis on the CFD FX, CFD, commodities market across the MT4 platform with the conviction that the quality matters more than amount.
In addition further, PhillipCapital UK has also been established. PhillipCapital UK branch has been inaugurated in 2015 in order to reach the expansion of the group and to extend the reach in Forex services. The overall trading process is carried out on a proven financial service basis. PhillipCapital is in close relationship to liquidity companies as well as Execution of the STP which means they can get lower rates than their competitors in the industry. In addition, and perhaps the most fascinating is the fact that they choose to share these lower rates with their customers instead of keeping the profits for themselves, which means that most likely, they will have spreads are less or the commission reversed.
Oanda is a dependable broker that has outstanding regulation STP execution, minimal spreads in comparison to industry peers and an extensive selection of trading instruments, and an extensive education section.
On the negative side, there isn't a 24/7 support and the instruments are not as powerful.
Yes, Phillip Capital is not an untrue scam. It is regulated by a top-tier FCA broker to ensure greater clarity and security. Forex as well as CFDs.
PhillipCapital UK Limited operates through its registered office in London, UK and acts as a member of the PhillipCapital Group, which is licensed and regulated under the Financial Conduct Authority, UK.
In reality, FCA is one of the most respected authorities worldwide regarding the regulations and the rules every licensed broker is has to adhere to. So, PhillipCapital UK follows strict regulations and requires clients' funds be held in separate accounts at trustworthy Banks in which the cash is kept and reconciled every day.
All financial transactions are quick and precise, with payments typically are received by the customer in 5 days. rigorous and robust procedures and procedures regarding control and safety.
Leverage level, also known as an investment loan received by the broker from the trader is an excellent tool which will significantly increase your trading skills, but you must be cautious as the tool can work also in reverse. In simple terms this is a way to multiply your initial balance to 11:30 to Forex major currencies 1:10 for lesser currencies, and 1:10 for the commodities.
These levers, utilized by PhillipCapitall UK are determined by the requirements of the regulatory body, and according to the most recent update from the regulator in Europe ESMA established levels to a lower amount in awareness of the risk of leverage positions.
PhillipCapital provides four kinds of accounts which allow for a customized trading experience. In addition, the option of the accounts of a Phillip, Phillip Trader and two Premium accounts : an account for commission or spread and a PhillipCapital Social Trading account. Additionally, Premium account holders have access to the subscription to VPN/VPS and the month-long rebate programs.
Phillip Capital markets are not as widely advertised, but the pricing is competitive, and fees are either are built into the apred or commission charge depending on the type of account you choose. Other fees such as funding fees or non-trading charges are included in the table below.
Fees | Phillip Capital Fee | Swissquote Fee | FP markets Fee |
---|---|---|---|
Deposit Fee | No | No | No |
Fees for withdrawal | No | No | No |
Inactivity Fee | Yes | Yes | Yes |
Fee position | Low | Average | Low |
Spreads
PhilipCapital spreads one of the most competitively priced of the competitors. The General Offer includes 15 short and long global indexes, 45 currency pairs which can be used for speculate and hedge against the movements of currencies, as well as commodities trading with over 20 different liquidity companies. Check out the comparison of Standard spreads for Standard accounts below. Remember that the most attractive rates are applied to accounts that are ranked higher. Compare to another UK well-known brokerage CMC Markets.
Asset | Phillip Capital Spread | Swissquote Spread | FP markets Spread |
---|---|---|---|
EUR USD Spread | 0.7 pip | 1.7 pip | 0.7 pip |
Crude Oil WTI Spread | 4.1 | 5 | 3 pip |
Gold Spread | 3.8 | 28.6 | 16 cents |
Phillip Capital offers various payment options once your account is open, however, they offer the most popular ones are the only ones are not electronic wallets. The company accepts payments through Debit cards (Visa, MasterCard, Maestro) and Bank Transfers as well as check (UK only) However, the company is not able to accept credit card transactions.
Philip Capital minimum deposit is 200dollars, Euro or GBP in order to allow you to join the first class of Phillip Capital accounts. Phillip Capital accounts.
Philip Capital minimum deposit in comparison to other brokers
Philip Capital | The majority of other brokers | |
Minimum Deposit | $200 | $500 |
It is possible to pay no charges for withdrawals or deposits required fees for Philip Capital funding, as well as base account currencies such as GBP , EUR and USD.
Although you should be aware that the business charges PS15 per month fees for inactive accounts for accounts that are not active for six months or more, until the balance of the account is zero.
When trading with Phillip Capital you can choose between the industry-standard the MT4 platform, which is a favorite by many traders. It lets you start immediately without training from scratch due to its easy-to-use features for customers.
The market data can be downloaded in formats that are suitable for tablet, desktop, or tablet trading as well as offering flexibility and convenience for traders of any kind. In addition, PhillipCapital is determined to ensure that its trading is fair and efficient and has therefore enhanced the platform through powerful insight as well as access to investment research data provided by Trading Central, real-time information of Market News International, access to expert Advisors along with FxWirePro(tm).
Additionally, you can make use of an automatic trading system called ZuluTrade, which is a one of the most trusted and reputable Social Trade Platform called ZuluTrade. In addition, ZuluTrade allows you to find profitable traders that are ranked by ZuluRank and to evaluate the algorithm, it also lets you convert all trades to your personal PhillipCapitall account. Thus, you have the option of executing your trading orders using either the MetaTrader4 and ZuluTrade platforms.
What is the other thing that separates PhillipCapital above the crowd is their client-focused and friendly business model, evident from their extensive offerings and service. The new traders can also benefit from the vast learning resources as well as it is always advised to increase your knowledge and improve every day.
Overall, PhillipCapital offering definitely worth considering, since PhillipCapital's business strategy is attractive. This is also proven through the appreciation of customers and numerous awards.
Since its inception, PhillipCapital UK relies on its long-standing reputationof the parent company because of its emphasis on a wide range of trading opportunities, it creates a powerful trading. In addition to the rigorous regulations and well-implemented procedures A further benefit from the firm is a range of trading accounts include two premiums that have a different bases on spread or commission. Additionally, PhillipCapital offering competitive costs..
Properties | Values |
---|---|
Name
|
PhillipCapital UK |
Minimum Diposit
|
$ 200 |
Leverage
|
1:30 |
Regulation
|
FCA (United Kingdom), |
Headquarters
|
United Kingdom |
Established
|
2015 |
Address
|
12-14 Masons Ave, London EC2V 5BT, United Kingdom |
Platform
|
MT4, |
Payment Method
|
Visa,Mastercard,Wire,Maestro, |
Properties | Values |
---|---|
Spreads
|
0.1-5 Pips |
Min Position size
|
0.01 |
Broker Type
|
STP (Straight Through Processing),NDD (Non Dealing Desk),,,, |
Account Type
|
Mini account,Standard, |
Brokers by Country
|
UK Forex Brokers, |
Techniques
|
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers, |
Instruments
|
Forex Trading Brokers,CFD Trading Brokers, |
Account currency
|
USD,EUR,GBP, |
Tools
|
Economic Calendar,Charting Software, |
Website Languages
|
en, |
Support languages
|
en, |
Bonus
|
Yes |
Reviews Rating
|
3.2 |
Withdrawal Fee
|
No |
Trading Signals
|
Yes |
Free Education
|
Yes |
Daily News
|
Yes |
Demo account
|
Yes |
Swapsr
|
Yes |
Pors
|
1. No brokerage fees for trading stock market assets. 2. Providing access to major American and global exchanges, including CME, EUREX, CBOT, DME, IEX, COMEX, NYMEX, NFX, ICE US, CFE (CBOE), and ICE EU. 3. Uses proprietary software. 4. Membership in all Asian futures exchanges, which allows traders to expand the list of available trading tools. 5. Large selection of supported trading platforms. 6. Regulated by CFT and SEC, membership in FINRA and SIPC. |
Cors
|
1. High minimum deposit amount of $5,000. 2. Technical support is provided by phone, fax, or email; there is no online chat. 3. It does not cooperate with electronic payment systems and charges a commission for withdrawing funds from accounts |
Display Analysis
|
Yes |
Serving country
|
GB, |
Not Serving country
|
US, |
Contests
|
Yes |
Market analysis
|
Yes |
Copy Trading Brokers
|
No |
Bitcoin Forex Brokers
|
No |
Social trading
|
Yes |
Web trading
|
Yes |
Forex pairs
|
Yes |
CFDs
|
Yes |
Crypto
|
No |
Hedging
|
Yes |
PAMM
|
Myfxbook Auto trade,Mql5 signals, |
Mobile Trading
|
Yes |
Scalping
|
Yes |
Automated Trading
|
Yes |
Partnership Programs
|
Yes |
Free Phone
|
+44 20 7398 3100 |
Customer Support
|
24/5 |
Your email address will not be published. Required fields are marked *