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Dukascopy
Capital at risk · T&Cs apply
In this broker comparison, we examine Dukascopy and Phillip Capital, two well-regarded firms with distinct offerings. Dukascopy, headquartered in Geneva, Switzerland, appeals to experienced traders seeking a high-security environment with its Swiss banking licence and deep liquidity through its ECN model. On the other hand, Phillip Capital, based in Singapore, caters to traders interested in diverse market access across Asia-Pacific with its longstanding reputation and zero minimum deposit requirement. While Dukascopy provides a comprehensive suite of trading instruments, Phillip Capital's focus on stock and forex trading might attract those looking for broad exposure in the region.
Dukascopy
Phillip Capital
| Dukascopy | Phillip Capital | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.7/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:5 |
| Regulation | FCA, MAS | MAS, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
Dukascopy (3.7/5) and Phillip Capital (3.7/5) are closely matched. Phillip Capital has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowDukascopy
Phillip Capital
WinnerDukascopy
Phillip Capital
Lower feesDukascopy
3.7/5
Choose Dukascopy if you want…
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Dukascopy (3.7/5) and Phillip Capital (3.7/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Dukascopy offers spreads from 0.1 pips, while Phillip Capital starts at 0 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. Phillip Capital requires $0.
Dukascopy is regulated by FCA, MAS, while Phillip Capital holds licences from MAS, ASIC.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.