Phillip Capital Limited Review for 2019

Phillip Capital Limited Rated 3/5
Phillip Capital Limited have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to Phillip Capital Limited

Phillip Capital Limited Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Phillip Capital Limited we break down the pros and cons. What Phillip Capital Limited are able to offer, what countries Phillip Capital Limited are available in. Who Phillip Capital Limited are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open Phillip Capital Limited's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to Phillip Capital Limited

With this review we hope to help you see if Phillip Capital Limited is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Phillip Capital Limited that will help you get off to a good start in the world of online trading.

Phillip Capital Limited what you should know

Phillip Capital Limited offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

With Phillip Capital Limited you will need a minimum deposit of $$200. You can sign up for a demo account to acquaint yourself with Phillip Capital Limited platform.

Phillip Capital Limited are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Phillip Capital Limited safe?

When choosing a broker like Phillip Capital Limited the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years Phillip Capital Limited have a head office in Australia.

Phillip Capital Limited is regulated. This means Phillip Capital Limited are supervised by and is checked for conduct by the CFTC & CME regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Phillip Capital Limited, this will be honored. If Phillip Capital Limited violate any regulatory rules their regulated status could be stripped.

Any payments funded to Phillip Capital Limited accounts by traders are held in a segregated bank account.

For added security Phillip Capital Limited use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Phillip Capital Limited. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Phillip Capital Limited

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by CFTC & CME
  • Min. deposit from $$200
  • unlimited demo account

What we don't like

Phillip Capital Limited General Fees

  • Phillip Capital Limited withdrawal fees varies on payment method
  • Phillip Capital Limited does charge inactivity fees

Phillip Capital Limited Commissions

  • Phillip Capital Limited does charge commission on CFD shares

What can you trade with Phillip Capital Limited?

You can trade a wide variety of instruments with Phillip Capital Limited over 189 instruments infact.

If you are looking at trading currency pairs Phillip Capital Limited offer over currency pairs.

Compare Phillip Capital Limited with Interactive Brokers and XTB below.

FX / Currencies phillipcapitallimited IB XTB
# of forex pairs offered 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes
Exotic forex pairs No Yes
Cryptocurrencies No No Yes
Commodity CFDs Phillip Capital Limited Interactive Brokers XTB
# of commodities offered 0
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Phillip Capital Limited Interactive Brokers XTB
# of Stocks offered 1500
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
phillipcapitallimited's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on Phillip Capital Limited web platforms and other applications

Phillip Capital Limited is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Phillip Capital Limited also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See phillipcapitallimited's platforms

Phillip Capital Limited Trading benefits :

  • Allows hedging
  • Offers STP
  • Low min deposit

Phillip Capital Limited Trading Accounts offered:

  • Standard account
  • ECN account

Can I try Phillip Capital Limited before I buy?

Phillip Capital Limited offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Phillip Capital Limited accept?

Phillip Capital Limited offer the below funding payment methods. learn more about Phillip Capital Limited

  • PayPal
  • Skrill
  • Neteller

How can I start trading with Phillip Capital Limited?

When opening a trading account with Phillip Capital Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Phillip Capital Limited trading platforms here.

Performing trades with Phillip Capital Limited

Phillip Capital Limited allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Phillip Capital Limited allow you to execute a maxium trade of varies. As Phillip Capital Limited offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Phillip Capital Limited offer margin up to % on currencies.

Support at Phillip Capital Limited

Phillip Capital Limited support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Phillip Capital Limited

As Phillip Capital Limited is regulated by CFTC & CME, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Phillip Capital Limited's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Phillip Capital Limited you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.phillipcapital.com.au/ on 12th August 2018.

PHILLIP CAPITAL LIMITED Frequently Asked Questions

Can I try Phillip Capital Limited before I buy?

Phillip Capital Limited do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Phillip Capital Limited accept?

Phillip Capital Limited offer the below funding payment methodsPayPal, Skrill, Neteller, among other payment methods. Learn more here

How can I start trading with Phillip Capital Limited?

When opening a trading account with Phillip Capital Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Phillip Capital Limited trading platforms here.

Is my money safe with Phillip Capital Limited?

Phillip Capital Limited is regulated by CFTC & CME. One of the most important criteria for traders when choosing a broker like Phillip Capital Limited is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Phillip Capital Limited, this will be honored. If they violate any regulatory rules their regulated status can be stripped.