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More about Phillip Capital
Broker availability
Is Phillip Capital Available in 🇪🇸 Spain?
Yes — Phillip Capital is available in Spain
Phillip Capital accepts clients from Spain. Regulated by MAS & ASIC.
Availability last verified: October 2026
Broker availability in 🇪🇸 Spain
147 / 341 brokers147 out of 341 brokers in our database accept clients from Spain (43% 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 🇪🇸 Spain
| Regulator | MAS, ASIC | FCA, CySEC | FCA, ASIC | MAS, ASIC |
| Min. deposit | $0 | $100 | $100 | $100 |
| Spread from | 0 pips | 1 pips | 0.6 pips | 0.9 pips |
| Max leverage | 5 | 500 | 500 | 400 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose Phillip Capital in 🇪🇸 Spain?
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 Spain residents under CNMV (Comisión Nacional del Mercado de Valores) + ESMA
Trading conditions in 🇪🇸 Spain
Regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA. Max forex leverage: 1:30. Permitted instruments: Forex, CFDs, Stocks, ETFs, Options. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
Other recommended brokers available in 🇪🇸 Spain
Comparing Phillip Capital with other brokers available to Spain traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
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 Spain?
Yes — Phillip Capital accepts clients from Spain. 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 Spain traders?
Brokers we recommend in Spain include ForTrade, FxPro, AvaTrade. All are verified to accept clients from Spain and are regulated by reputable authorities.
3Can I use a VPN to access Phillip Capital from Spain?
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 Spain?
Yes — forex trading is legal in Spain and regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA. The maximum permitted leverage for forex is 1:30. Only brokers licensed in Spain or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Spain?
Forex: up to 1:30. Stocks: up to 1:5. These limits are set by CNMV (Comisión Nacional del Mercado de Valores) + ESMA and apply to all licensed brokers serving Spain residents. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
6Which financial instruments can traders in Spain access?
Traders in Spain regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA can access the following instruments: Forex, CFDs, Stocks, ETFs, Options. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
7Which brokers accept clients from Spain?
147 out of 341 brokers in the BrokerRank database accept clients from Spain. Recommended options include ForTrade, FxPro, AvaTrade. You can see the full list on our Spain brokers page.