Phillip Capital
Capital Index
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and Capital Index depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Capital Index operates from London, UK. Phillip Capital has the longer track record, established in 1975, compared to Capital Index which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Phillip Capital
Capital Index
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Phillip Capital
3.7 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Phillip Capital
2 vs 1 licences
Min. Deposit
Phillip Capital
$0 vs $100
Phillip Capital
WinnerCapital Index
Phillip Capital
Lower feesCapital Index
Phillip Capital holds licences from MAS, ASIC. Capital Index is regulated by FCA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Capital additionally covers Stocks. Capital Index adds Crypto.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Capital Index offers MT4, MT5.
Phillip Capital requires no minimum deposit, while Capital Index sets a minimum deposit of $100. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and Capital Index at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Capital Index's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Phillip Capital offers spreads from 0 pips, while Capital Index starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Capital Index requires $100.
Phillip Capital is regulated by MAS, ASIC, while Capital Index holds licences from FCA.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Capital Index supports MT4, MT5.
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.