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Phillip Capital

Broker availability

Is Phillip Capital Available in 🇱🇰 Sri Lanka?

Yes — Phillip Capital is available in Sri Lanka

Phillip Capital accepts clients from Sri Lanka. Regulated by MAS & ASIC.

Availability last verified: October 2026

Broker availability in 🇱🇰 Sri Lanka

181 / 341 brokers

181 out of 341 brokers in our database accept clients from Sri Lanka (53% availability). See all available brokers →

Is Phillip Capital the right fit for you?

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Phillip Capital vs alternatives in 🇱🇰 Sri Lanka

RegulatorMAS, ASICFCA, CySECFCA, ASICMAS, ASIC
Min. deposit$0$100$100$100
Spread from0 pips1 pips0.6 pips0.9 pips
Max leverage5500500400
Available✓ Yes

Why choose Phillip Capital in 🇱🇰 Sri Lanka?

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 Sri Lanka residents under SEC Sri Lanka
Open account with Phillip Capital

Trading conditions in 🇱🇰 Sri Lanka

Regulated by SEC Sri Lanka. Max forex leverage: Not officially permitted. Permitted instruments: Stocks, Bonds, Unit trusts. Sri Lanka restricts offshore forex trading under exchange control regulations. CSE is the main stock exchange.

Other recommended brokers available in 🇱🇰 Sri Lanka

Comparing Phillip Capital with other brokers available to Sri Lanka traders.

#1ForTrade
ForTradeTier-1 regulated
4.25
FCA · CySECMin: $100From 1 pips
View
  • No commissions on spreads
  • FCA, ASIC and CySEC regulated
  • Islamic accounts available
#2FxPro
FxProTier-1 regulated
4.09
FCA · ASICMin: $100From 0.6 pips
View
  • FCA regulated with strong reputation
  • Supports MT4, MT5, and own platform
  • Negative balance protection
#3AvaTrade
AvaTradeTier-1 regulated
3.98
MAS · ASICMin: $100From 0.9 pips
View
  • Good educational content
  • Regulated in 6 jurisdictions
  • No commission on most accounts
#4Deriv
3.96
Labuan FSA · CIMAMin: $5From 0.5 pips
View
  • 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

1

Is Phillip Capital available in Sri Lanka?

Yes — Phillip Capital accepts clients from Sri Lanka. The broker is regulated by MAS and ASIC. You can open a live account directly through their website.

2

What are the best alternatives to Phillip Capital for Sri Lanka traders?

Brokers we recommend in Sri Lanka include ForTrade, FxPro, AvaTrade. All are verified to accept clients from Sri Lanka and are regulated by reputable authorities.

3

Can I use a VPN to access Phillip Capital from Sri Lanka?

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.

4

Is forex trading legal in Sri Lanka?

Yes — forex trading is legal in Sri Lanka and regulated by SEC Sri Lanka. The maximum permitted leverage for forex is Not officially permitted. Only brokers licensed in Sri Lanka or operating under an approved passporting arrangement can legally serve retail clients.

5

What leverage is available for traders in Sri Lanka?

Forex: up to Not officially permitted. Stocks: up to 1:2. These limits are set by SEC Sri Lanka and apply to all licensed brokers serving Sri Lanka residents. Sri Lanka restricts offshore forex trading under exchange control regulations. CSE is the main stock exchange.

6

Which financial instruments can traders in Sri Lanka access?

Traders in Sri Lanka regulated by SEC Sri Lanka can access the following instruments: Stocks, Bonds, Unit trusts. Sri Lanka restricts offshore forex trading under exchange control regulations. CSE is the main stock exchange.

7

Which brokers accept clients from Sri Lanka?

181 out of 341 brokers in the BrokerRank database accept clients from Sri Lanka. Recommended options include ForTrade, FxPro, AvaTrade. You can see the full list on our Sri Lanka brokers page.

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