AvaTrade
Phillip Capital
VS
Higher Rated
AvaTrade
Capital at risk · T&Cs apply
In this comparison of AvaTrade and Phillip Capital, we explore the distinct offerings and target audiences of these two brokers. AvaTrade, headquartered in Dublin and regulated across six jurisdictions including the FCA and ASIC, appeals primarily to traders interested in a diverse range of markets such as forex, CFDs, and cryptocurrencies, with the added benefit of no commissions and robust educational resources. Phillip Capital, with a strong Asia-Pacific presence and over 50 years of experience, offers a comprehensive market access through its proprietary POEMS platform, attracting traders focused on equity markets in regions like Singapore and Hong Kong. While AvaTrade offers higher leverage and copy trading options, Phillip Capital provides zero minimum deposit and competitive spreads from 0 pips, albeit with higher commissions.
AvaTrade
Phillip Capital
| AvaTrade | Phillip Capital | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.7/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.9 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:5 |
| Regulation | FCA, ASIC, MAS ✓ | MAS, ASIC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowAvaTrade
WinnerPhillip Capital
AvaTrade
Phillip Capital
AvaTrade
4.0/5
Choose AvaTrade if you want…
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs Phillip Capital's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while Phillip Capital starts at 0 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. Phillip Capital requires $0.
AvaTrade is regulated by FCA, ASIC, MAS, while Phillip Capital holds licences from MAS, ASIC.
AvaTrade supports MT4, MT5, Proprietary Mobile. Phillip Capital supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.