Phillip Capital vs Dukascopy 2026: Which Broker is Better?
Choosing between Phillip Capital and Dukascopy depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Dukascopy operates from Geneva, Switzerland. Phillip Capital has the longer track record, established in 1975, compared to Dukascopy which was founded in 2004. 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
Dukascopy
| Phillip Capital | Dukascopy | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.7/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:5 | 1:200 ✓ |
| Regulation | MAS, ASIC | FCA, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Phillip Capital (3.7/5) and Dukascopy (3.7/5) are closely matched. Phillip Capital has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPhillip Capital vs Dukascopy: Key Differences
Phillip Capital
WinnerDukascopy
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Fees Comparison
Phillip Capital
Lower feesDukascopy
Regulation & Trust
Phillip Capital holds licences from MAS, ASIC. Dukascopy is regulated by FCA, MAS.
Markets & Assets
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
Fees & Spreads
On spreads, Phillip Capital is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. Dukascopy offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Capital requires no minimum deposit, while Dukascopy sets a minimum deposit of $100. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Capital at 3.74/5 and Dukascopy at 3.71/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a marginal advantage.
BrokerRank Verdict
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)
Dukascopy
3.7/5
Choose Dukascopy if you want…
- Higher leverage (up to 1:200)
- More market types (6)
- 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 & Dukascopy are available in
Frequently Asked Questions
1Is Phillip Capital better than Dukascopy?
Phillip Capital (3.7/5) and Dukascopy (3.7/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Phillip Capital or Dukascopy?
Phillip Capital offers spreads from 0 pips, while Dukascopy starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs Dukascopy?
Phillip Capital requires a minimum deposit of $0. Dukascopy requires $100.
4Which broker is safer, Phillip Capital or Dukascopy?
Phillip Capital is regulated by MAS, ASIC, while Dukascopy holds licences from FCA, MAS.
5What trading platforms do Phillip Capital and Dukascopy support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. Dukascopy supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Phillip Capital and Dukascopy?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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