More about Phillip Capital
Broker availability
Is Phillip Capital Available in 🇨🇦 Canada?
Yes — Phillip Capital is available in Canada
Phillip Capital accepts clients from Canada. Regulated by MAS & ASIC.
Availability last verified: October 2026
Broker availability in 🇨🇦 Canada
82 / 341 brokers82 out of 341 brokers in our database accept clients from Canada (24% availability). See all available brokers →
Is Phillip Capital the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
Phillip Capital vs alternatives in 🇨🇦 Canada
| Regulator | MAS, ASIC | FCA, CySEC | MAS, CySEC | MAS, ASIC |
| Min. deposit | $0 | $100 | $100 | $100 |
| Spread from | 0 pips | 1 pips | 0.6 pips | 0.9 pips |
| Max leverage | 5 | 500 | 30 | 400 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose Phillip Capital in 🇨🇦 Canada?
Min. deposit
$0
Spread from
0 pips
Max leverage
5
BrokerRank score
3.74 / 5
- MAS and ASIC regulated
- POEMS platform with wide market access
- Access to SGX, HKEx, US and more
- 50+ years in Asia-Pacific
- Regulated by MAS & ASIC — legally available to Canada residents under IIROC / Provincial regulators (OSC, AMF, BCSC)
Trading conditions in 🇨🇦 Canada
Regulated by IIROC / Provincial regulators (OSC, AMF, BCSC). Max forex leverage: 1:50 (CIRO). Permitted instruments: Stocks, ETFs, Options, Futures, Forex (limited). Canada has a fragmented regulatory system across provinces. CIRO oversees investment dealers. Many international forex brokers exclude Canada due to complexity.
Other recommended brokers available in 🇨🇦 Canada
Comparing Phillip Capital with other brokers available to Canada traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- Commission-free CFD trading (other fees may apply)
- Simple, user-friendly platform
- Wide range of CFD instruments (2,800+)
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- 500+ instruments
- Strong presence in Africa and Middle East
- Regulated in 4 jurisdictions
About Phillip Capital
Regulated by
MAS, ASIC
Headquarters
Singapore
Founded
1975
Min. deposit
$0
BrokerRank score
3.74 / 5
Markets
indices, commodities, stocks
Frequently Asked Questions
1Is Phillip Capital available in Canada?
Yes — Phillip Capital accepts clients from Canada. The broker is regulated by MAS and ASIC. You can open a live account directly through their website.
2What are the best alternatives to Phillip Capital for Canada traders?
Brokers we recommend in Canada include ForTrade, Plus500, AvaTrade. All are verified to accept clients from Canada and are regulated by reputable authorities.
3Can I use a VPN to access Phillip Capital from Canada?
Using a VPN to circumvent geo-restrictions violates Phillip Capital's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in Canada?
Yes — forex trading is legal in Canada and regulated by IIROC / Provincial regulators (OSC, AMF, BCSC). The maximum permitted leverage for forex is 1:50 (CIRO). Only brokers licensed in Canada or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Canada?
Forex: up to 1:50 (CIRO). Stocks: up to 1:2. These limits are set by IIROC / Provincial regulators (OSC, AMF, BCSC) and apply to all licensed brokers serving Canada residents. Canada has a fragmented regulatory system across provinces. CIRO oversees investment dealers. Many international forex brokers exclude Canada due to complexity.
6Which financial instruments can traders in Canada access?
Traders in Canada regulated by IIROC / Provincial regulators (OSC, AMF, BCSC) can access the following instruments: Stocks, ETFs, Options, Futures, Forex (limited). Canada has a fragmented regulatory system across provinces. CIRO oversees investment dealers. Many international forex brokers exclude Canada due to complexity.
7Which brokers accept clients from Canada?
82 out of 341 brokers in the BrokerRank database accept clients from Canada. Recommended options include ForTrade, Plus500, AvaTrade. You can see the full list on our Canada brokers page.