Phillip Capital
CMC Markets
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
Compare Phillip Capital and CMC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Capital
CMC Markets
CMC Markets 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 belowOverall Rating
CMC Markets
3.7 vs 4.0
Lowest Fees
Phillip Capital
0 vs 0.7 pips
Regulation
CMC Markets
2 vs 3 licences
Min. Deposit
Tied
$0 vs $0
Phillip Capital
CMC Markets
WinnerPhillip Capital
CMC Markets
Phillip Capital scores 3.74/5 while CMC Markets scores 4.04/5 in our independent rating.
CMC Markets edges ahead overall, but Phillip Capital may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
CMC Markets scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs CMC Markets's 4.0/5. 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 CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. CMC Markets requires $0.
Phillip Capital is regulated by MAS, ASIC, while CMC Markets holds licences from FCA, ASIC, MAS.
Phillip Capital supports Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.