Phillip Capital vs CIMB Securities 2026: Which Broker is Better?
Choosing between Phillip Capital and CIMB Securities depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while CIMB Securities operates from Kuala Lumpur, Malaysia. Phillip Capital has the longer track record, established in 1975, compared to CIMB Securities which was founded in 1978. 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
CIMB Securities
| Phillip Capital | CIMB Securities | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | MAS, ASIC | SC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, iTrade |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital vs CIMB Securities: Key Differences
Phillip Capital
WinnerCIMB Securities
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Fees Comparison
Phillip Capital
Lower feesCIMB Securities
Regulation & Trust
Phillip Capital holds licences from MAS, ASIC. CIMB Securities is regulated by MAS, SC.
Markets & Assets
Both brokers offer access to Stocks, Forex, Indices markets. Phillip Capital additionally covers Cfd, Commodities. CIMB Securities adds Etf.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. CIMB Securities offers Proprietary Web, Proprietary Mobile, iTrade. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Capital requires no minimum deposit, while CIMB Securities sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Capital at 3.74/5 and CIMB Securities at 3.29/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Higher overall rating (3.7/5)
- More market types (5)
- More established (est. 1975)
CIMB Securities
3.4/5
Choose CIMB Securities if you want…
- More platforms (3 supported)
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 Phillip Capital & CIMB Securities are available in
Frequently Asked Questions
1Is Phillip Capital better than CIMB Securities?
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs CIMB Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Phillip Capital or CIMB Securities?
Phillip Capital offers spreads from 0 pips, while CIMB Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs CIMB Securities?
Phillip Capital requires a minimum deposit of $0. CIMB Securities requires $0.
4Which broker is safer, Phillip Capital or CIMB Securities?
Phillip Capital is regulated by MAS, ASIC, while CIMB Securities holds licences from SC, MAS.
5What trading platforms do Phillip Capital and CIMB Securities support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. CIMB Securities supports Proprietary Web, Proprietary Mobile, iTrade.
6Can I use both Phillip Capital and CIMB Securities?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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