MultiBank Group vs Phillip Capital 2026: Which Broker is Better?
In the broker comparison between MultiBank Group and Phillip Capital, the key difference lies in their market focus and platform offerings. MultiBank Group, with its extensive regulatory oversight and variety of trading instruments, is ideal for traders seeking high leverage and a broad range of markets, including cryptocurrencies. Conversely, Phillip Capital, with its strong presence in the Asia-Pacific region and proprietary trading platforms, appeals more to traders interested in direct access to major Asian exchanges and those who prioritise a well-established broker with decades of industry experience.
MultiBank Group
Phillip Capital
| MultiBank Group | Phillip Capital | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.7/5 ✓ |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, FCA, CySEC ✓ | MAS, ASIC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowMultiBank Group vs Phillip Capital: Key Differences
MultiBank Group
Phillip Capital
WinnerStill deciding between MultiBank Group and Phillip Capital?
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Fees Comparison
MultiBank Group
Phillip Capital
Lower feesBrokerRank Verdict
Who Should Choose Which?
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Higher overall rating (3.7/5)
- No minimum deposit
- More established (est. 1975)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both MultiBank Group & Phillip Capital are available in
Frequently Asked Questions
1Is MultiBank Group better than Phillip Capital?
Phillip Capital scores higher overall on our independent rating system. MultiBank Group holds a 3.6/5 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.
2Which has lower fees, MultiBank Group or Phillip Capital?
MultiBank Group offers spreads from 0 pips, while Phillip Capital starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for MultiBank Group vs Phillip Capital?
MultiBank Group requires a minimum deposit of $50. Phillip Capital requires $0.
4Which broker is safer, MultiBank Group or Phillip Capital?
MultiBank Group is regulated by ASIC, FCA, CySEC, while Phillip Capital holds licences from MAS, ASIC.
5What trading platforms do MultiBank Group and Phillip Capital support?
MultiBank Group supports MT4, MT5. Phillip Capital supports Proprietary Web, Proprietary Mobile.
6Can I use both MultiBank Group and Phillip Capital?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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