PhillipCapital UK Rated 3/5

PhillipCapital UK Guide - Read our In Depth 2021 PhillipCapital UK Review

This PhillipCapital UK review was written by industry experts with over 20 years of financial experience in Forex.
The content in this PhillipCapital UK review does not apply to US users.

Benefits of Trading with PhillipCapital UK

PhillipCapital UK Review 2021 Quick Summary
💰 Min Deposit 1
👱‍♂️ Used By 10,000 PhillipCapital UK users and traders
📆 Founded 1975
🌍 HQ Singapore
👮‍♂️ Regulation Financial Conduct Authority (FCA)
🚫 Excluded Countries PhillipCapital UK is not available in the following countries : US

Open PhillipCapital UK's Website

Losses can exceed deposits


learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.

What is PhillipCapital UK?

PhillipCapital UK are a global online financial trading platform and multi asset broker founded in 1975

Over 46 years later PhillipCapital UK has grown to offering retail investors Forex trading.

PhillipCapital UK are a global broker. PhillipCapital UK have a head office in Singapore.

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

We will dive deep in this PhillipCapital UK review and assess how well the PhillipCapital UK platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like PhillipCapital UK can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of PhillipCapital UK we breakdown the pros and cons. What PhillipCapital UK are able to offer, what countries PhillipCapital UK are available in. Who PhillipCapital UK are regulated by and more.

PhillipCapital UK Review Screenshot

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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this PhillipCapital UK review useful.

This review of the PhillipCapital UK platform is very detailed. If you are interested in trading with PhillipCapital UK in any capacity please take the time to read and research the whole PhillipCapital UK review.

We have tried to explain the ins and outs of financial trading through the PhillipCapital UK platform as plainly as possible so that you the trader are as informed as possible before you start to use the PhillipCapital UK trading tools and depositing and withdrawing funds from PhillipCapital UK.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with PhillipCapital UK like Forex trading. you should have confidence in PhillipCapital UK and know that the management of your financial investments on the PhillipCapital UK platform are in good hands.

At the bottom of this PhillipCapital UK review you can also learn about some pretty good alternatives to PhillipCapital UK

With this PhillipCapital UK review we hope to help you see if PhillipCapital UK 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 PhillipCapital UK that will help you get off to a good start in the world of online trading.

PhillipCapital UK Review Table of Contents

PhillipCapital UK review
PhillipCapital UK is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about PhillipCapital UK. PhillipCapital UK is a multi asset platform with 100+ tradable Assets. Assets available on PhillipCapital UK include Forex.

PhillipCapital UK trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex are considered financial assets.

Features of PhillipCapital UK

PhillipCapital UK review
What you should know

PhillipCapital UK offer one way to trade: Forex.

With PhillipCapital UK you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with PhillipCapital UK platform.

PhillipCapital UK are able to accommodate various levels of traders whether you are experienced or a beginner.

Are PhillipCapital UK safe?

When choosing a broker like PhillipCapital UK 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 1975, and in operation for 46 years PhillipCapital UK have a head office in Singapore.

PhillipCapital UK is regulated. This means PhillipCapital UK are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

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

Losses can exceed deposits

Is my money safe with PhillipCapital UK?

Any payments funded to PhillipCapital UK accounts by traders are held in a segregated bank account.

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

What are Tier 1 banks and why should PhillipCapital UK use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in PhillipCapital UK deposited in a Tier 1 bank?

Having any money you deposit with PhillipCapital UK means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if PhillipCapital UK goes out of business for some reason.

Therefore, we can safely conclude that PhillipCapital UK is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. PhillipCapital UK also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding PhillipCapital UK. let us look at the PhillipCapital UK features in more detail.

Try creating two accounts when you are working with PhillipCapital UK. 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 PhillipCapital UK

Losses can exceed deposits

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

How PhillipCapital UK as a Company Compare Against Other Brokers

Broker PhillipCapital UK eToro XTB IC Markets
Year Established 1975 2007 2002 2007
Head Office Singapore Cyprus, UK Poland Australia
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ PhillipCapital UK users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit PhillipCapital UK Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

PhillipCapital UK review
PhillipCapital UK Pros and Cons

What we like about PhillipCapital UK

  • Used by over 10,000 PhillipCapital UK users and traders
  • Established in 1975
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $1

What we don't like about PhillipCapital UK

PhillipCapital UK review
PhillipCapital UK Regulation and Licensing in more detail

We have checked and PhillipCapital UK is regulated and supervised by reputable organisations. You are able to check every PhillipCapital UK supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with PhillipCapital UK. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect PhillipCapital UK traders and provide a safe trading environment. Financial regulation and license approval is essential.

PhillipCapital UK is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as PhillipCapital UK you should be sure they're legitimate online agent.

Is PhillipCapital UK Global?

Yes, PhillipCapital UK is global as PhillipCapital UK is available in over 194 countries.

PhillipCapital UK is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries PhillipCapital UK covers include the UK, Germany, Australia, South Africa, Thailand, and China. PhillipCapital UK has a total of more than 10,000 users.

PhillipCapital UK review
PhillipCapital UK Fees Explained

  • PhillipCapital UK doesn't charge withdrawal fees
  • PhillipCapital UK does charge a fee for inactive accounts.
  • PhillipCapital UK does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How PhillipCapital UK Fees Compare Against Other Brokers

Broker PhillipCapital UK eToro XTB IC Markets
Min Deposit 1 50 0 200
Withdrawal Fees No Yes varies No
Inactivity Fees Yes Yes No
Deposit Fees No No Varies
CFD Commission Fees Yes Yes Yes

PhillipCapital UK Minimum Deposit

PhillipCapital UK require a minimum desposit of 1 GBP/USD when opening an PhillipCapital UK trading account.

A minimum deposit is the minimum amount of money required by PhillipCapital UK to open a new online brokerage account with them.

Dont be scared off by brokers like PhillipCapital UK charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

PhillipCapital UK Withdrawal Fees

PhillipCapital UK doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

PhillipCapital UK for example allow you to withdraw your funds to .

PhillipCapital UK Inactivity Fees

PhillipCapital UK does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

PhillipCapital UK Desposit Fees

PhillipCapital UK does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

PhillipCapital UK Commission Fees

PhillipCapital UK does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

PhillipCapital UK review
What can you trade with PhillipCapital UK?

Be aware that Different entities under PhillipCapital UK Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with PhillipCapital UK over 100 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets PhillipCapital UK offer over 15 currency pairs.

Compare PhillipCapital UK with eToro and XTB below.

Losses can exceed deposits

How PhillipCapital UK Trading Options Compare Against Other Brokers

Broker PhillipCapital UK eToro XTB IC Markets
Instruments Available 100 2000 4000 232
Platforms NinjaTrader, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 15 50 57 65
Major Forex pairs Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 21 19
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 2042 1696 110
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Risk Warning Visit PhillipCapital UK
Losses can exceed deposits
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit IC Markets
Losses can exceed deposits

PhillipCapital UK review
Trading on PhillipCapital UK web platforms and other applications

PhillipCapital UK 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 PhillipCapital UK's platforms

Is the PhillipCapital UK Trading Platform Secure?

PhillipCapital UK safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. PhillipCapital UK also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating PhillipCapital UK.

PhillipCapital UK Trading Platform Options

Once you have logged into your PhillipCapital UK account you will see the below trading platform options available to you.

Lets explore each of these trading platforms in detail and what options PhillipCapital UK gives you.

PhillipCapital UK Trading benefits

  • Low min deposit

PhillipCapital UK Trading Accounts Offered

Below we give an overview on the account types that PhillipCapital UK offer. Whatever you are looking to trade the varying PhillipCapital UK account types will be able to provide you with what you need.

Can I try PhillipCapital UK before I buy?

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

Losses can exceed deposits

PhillipCapital UK withdrawal and funding methods

Please note that the list of PhillipCapital UK payment methods below depend on the PhillipCapital UK Entity and the Clients Country of Residence.

All available PhillipCapital UK payment methods available to you can be found in your PhillipCapital UK members area checked on the PhillipCapital UK website.

PhillipCapital UK offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about PhillipCapital UK

PhillipCapital UK Payment Methods

Broker PhillipCapital UK eToro XTB IC Markets
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes No
Neteller No Yes Yes Yes

*please note available PhillipCapital UK and other broker payment methods depend on the clients country of residence.

How can I start trading with PhillipCapital UK?

When opening a trading account with PhillipCapital UK, 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 PhillipCapital UK trading platforms here. You will need to provide some basic documentation to prove your identity as part of PhillipCapital UK onboarding and normal KYC identity checks. These checks are standard practice and help PhillipCapital UK provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

Performing trades with PhillipCapital UK

PhillipCapital UK allow you to execute a minimum of trade of . This may vary depending on the account you open. PhillipCapital UK allow you to execute a maxium trade of .

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at PhillipCapital UK

To trade effectively with PhillipCapital UK, it's important to get a have a good understanding of the PhillipCapital UK trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with PhillipCapital UK and externally.

PhillipCapital UK offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with PhillipCapital UK.

Take time to look around the PhillipCapital UK platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at PhillipCapital UK

As part of our PhillipCapital UK review we review customer service options, response times and PhillipCapital UK trading platform problem resolution effectiveness.PhillipCapital UK support a limited number including .

PhillipCapital UK have a double AA grade support rating because PhillipCapital UK offer live chat and email support in multiple languages.

Livechat Support at PhillipCapital UK

We tested the PhillipCapital UK live chat and it works well. We sent messages to PhillipCapital UK livechat through their app and website and recieved a response within 30 seconds.

We tested communicating with PhillipCapital UK support in multiple languages in multiple countries. PhillipCapital UK where able to quickly resolve our customer issues.

Email Support at PhillipCapital UK

We sent several emails to PhillipCapital UK and answer times overall were excellent. The fastest response from PhillipCapital UK was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with PhillipCapital UK, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from PhillipCapital UK.

Phone Support at PhillipCapital UK

We called PhillipCapital UK and the call was answered very quickly. The call was answered in less than 5 minutes.

The PhillipCapital UK phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual PhillipCapital UK team by calling in varying languages. PhillipCapital UK made an effort to make sure our queries were answered.

Overall great phone support from PhillipCapital UK.

See how PhillipCapital UK Support Compares Against Other Brokers

Broker PhillipCapital UK eToro XTB IC Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit PhillipCapital UK Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

What you will need to open an account with PhillipCapital UK

As PhillipCapital UK is regulated by Financial Conduct Authority (FCA), 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:

Be aware that the expiration date of Proof of address document for different entities under PhillipCapital UK Brand may be different.

  • 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 3 minutes or so to complete the account opening process.

While you might be able to explore PhillipCapital UK'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 PhillipCapital UK you can visit the PhillipCapital UK trading platform 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.phillipcapitaluk.com/ on September 17, 2021.

Is PhillipCapital UK A Good Broker?

We spent over 3 months examining PhillipCapital UK in depth. Although we found some very useful aspects of the PhillipCapital UK platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative PhillipCapital UK broker.

  • PhillipCapital UK have a good track record of offering Forex.
  • PhillipCapital UK has a history of over 46 years.
  • PhillipCapital UK has a reasonable sized customer support of at least 10.
  • PhillipCapital UK are regulated by the Financial Conduct Authority (FCA). This means PhillipCapital UK fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • PhillipCapital UK have regulation from Tier 1 reputable regulators.
  • PhillipCapital UK has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • PhillipCapital UK have an international presence in multiple countries. This includes local PhillipCapital UK seminars and training.
  • PhillipCapital UK are able to hire people from various locations in the world who can better communicate in your local language.

PhillipCapital UK Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

PhillipCapital UK not quite right?

If after reading this PhillipCapital UK review, PhillipCapital UK does not fulfill your needs check out these PhillipCapital UK Alternatives.

Click here to view the best PhillipCapital UK Alternatives

We have spent years researching the best alternatives to PhillipCapital UK. Click the links below to learn more.

If you feel some of the above PhillipCapital UK are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of PhillipCapital UK alternatives below.

Related PhillipCapital UK Vs Comparisons

We have covered allot in this PhillipCapital UK review, If you want to see how PhillipCapital UK compares side by side with other brokers check out our PhillipCapital UK Vs pages.

If you would like to see how PhillipCapital UK stands up against other brokers you can read some of our PhillipCapital UK comparisons below. We compare side by side some of our top rated PhillipCapital UK versus comparisons. Read our indepth PhillipCapital UK VS pages below.

PhillipCapital UK review
PHILLIPCAPITAL UK Frequently Asked Questions

Read our detailed PhillipCapital UK FAQ Section updated for 2021.

Can I try PhillipCapital UK before I buy?

PhillipCapital UK 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 PhillipCapital UK accept?

Please note that the list of payment methods below depend on the PhillipCapital UK Entity and the Clients Country of Residence.

PhillipCapital UK offer the following funding payment methods among other payment methods.
Learn more here

Losses can exceed deposits

Is PhillipCapital UK safe?

PhillipCapital UK are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to PhillipCapital UK accounts by traders are held in a segregated bank account. For added security PhillipCapital UK use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Losses can exceed deposits

Is PhillipCapital UK trading good?

PhillipCapital UK is considered good and reputable to trade with PhillipCapital UK. PhillipCapital UK is used by over 10,000 active traders and PhillipCapital UK users. PhillipCapital UK offers Forex trading. Minimum deposit with PhillipCapital UK is 1.

Is PhillipCapital UK trading Legit?

PhillipCapital UK was founded in Singapore in 1975. PhillipCapital UK has been facilitating trade on the financial markets for over 46 years. PhillipCapital UK offers clients Forex trading. All funds deposited to PhillipCapital UK are held in segregated tier 1 bank accounts for security. PhillipCapital UK is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is PhillipCapital UK a good broker?

PhillipCapital UK is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. PhillipCapital UK allows Forex trading.

Is PhillipCapital UK trustworthy broker?

PhillipCapital UK can be considered trustworthy. All money funded to PhillipCapital UK is placed into a segregated tier 1 bank account. this means your money in not held by PhillipCapital UK directly by a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also PhillipCapital UK is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for PhillipCapital UK?

The minimum deposit to trade with PhillipCapital UK is 1.

How long do PhillipCapital UK withdrawals take?

Withdrawing money from PhillipCapital UK processing time varies but averages 2-5 days.

Is PhillipCapital UK regulated?

PhillipCapital UK is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of PhillipCapital UK maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is PhillipCapital UK a market maker?

PhillipCapital UK is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with PhillipCapital UK?

When opening a trading account with PhillipCapital UK, 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 PhillipCapital UK trading platforms here.

Is my money safe with PhillipCapital UK?

PhillipCapital UK is regulated by the Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like PhillipCapital UK 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 PhillipCapital UK, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is PhillipCapital UK a con?

PhillipCapital UK is regulated and well established having been in business for over 46 years. PhillipCapital UK is definitely not a con.

Can you make money with PhillipCapital UK?

Although traders have had great success with PhillipCapital UK. Trading on the financial markets with PhillipCapital UK is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does PhillipCapital UK have fees?

PhillipCapital UK doesn't charge withdrawal fees. PhillipCapital UK does charge a fee for inactive accounts. PhillipCapital UK does charge deposit fees.

When was PhillipCapital UK founded?

PhillipCapital UK was founded in 1975.

How many people use PhillipCapital UK?

PhillipCapital UK is used by over 10,000 registered PhillipCapital UK users.

What is PhillipCapital UK Headquarters country?

PhillipCapital UK has its head quarters office in Singapore.

Does PhillipCapital UK offer negative balance protection?

PhillipCapital UK does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does PhillipCapital UK offer guaranteed stop loss?

PhillipCapital UK does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does PhillipCapital UK allow scalping?

PhillipCapital UK does not offer scalping.

Does PhillipCapital UK allow hedging?

PhillipCapital UK does not offer hedging.

Does PhillipCapital UK offer CFD trading?

PhillipCapital UK does not offer CFD trading.

Does PhillipCapital UK offer STP?

PhillipCapital UK does not offer STP trading.

How many people use PhillipCapital UK?

PhillipCapital UK is used by over 10000 PhillipCapital UK users and traders.

Is PhillipCapital UK an ECN broker?

PhillipCapital UK does not offer ECN trading.

Does PhillipCapital UK offer a demo account?

PhillipCapital UK does not offer demo account.

Does PhillipCapital UK offer an Islamic account?

PhillipCapital UK does not offer Islamic accounts.

What are the funding methods for PhillipCapital UK?

Please note that funding methods and funding options available with PhillipCapital UK can be found in the PhillipCapital UK Members area and depend on the PhillipCapital UK client’s country of residence. Please check your specific available payment methods on the PhillipCapital UK website. PhillipCapital UK accept the following funding methods : .

PhillipCapital UK review written by Andrew Blumer and Mark Hansen

We hope you found our review of the PhillipCapital UK brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

PhillipCapital UK review written by Mark Hansen of Comparebrokers.co