Phillip Capital vs Deriv 2026: Which Broker is Better?
Compare Phillip Capital and Deriv side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Capital
Deriv
| Phillip Capital | Deriv | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:5 | 1:1000 ✓ |
| Regulation | MAS, ASIC | MFSA, Labuan FSA, BVI FSC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT5, Proprietary Web, Proprietary Mobile |
Deriv 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 belowPhillip Capital vs Deriv: Key Differences
Phillip Capital
WinnerDeriv
Fees Comparison
Phillip Capital
Deriv
BrokerRank Verdict
Phillip Capital scores 3.74/5 while Deriv scores 3.96/5 in our independent rating.
Deriv 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.
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1975)
Deriv
4.0/5
Choose Deriv if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:1000)
- More regulatory licences (7)
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 & Deriv are available in
Frequently Asked Questions
1Is Phillip Capital better than Deriv?
Deriv scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Deriv's 4.0/5. 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 Deriv?
Phillip Capital offers spreads from 0 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs Deriv?
Phillip Capital requires a minimum deposit of $0. Deriv requires $5.
4Which broker is safer, Phillip Capital or Deriv?
Phillip Capital is regulated by MAS, ASIC, while Deriv holds licences from MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA.
5What trading platforms do Phillip Capital and Deriv support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. Deriv supports MT5, Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Capital and Deriv?
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.
Higher Rated
Deriv
Capital at risk · T&Cs apply