Phillip Capital vs Equiti 2026: Which Broker is Better?
Choosing between Phillip Capital and Equiti depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Equiti operates from Amman, Jordan. Phillip Capital has the longer track record, established in 1975, compared to Equiti 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
Equiti
| Phillip Capital | Equiti | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 ✓ | $500 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC | FCA, FSRA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
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 Equiti: Key Differences
Phillip Capital
WinnerEquiti
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Fees Comparison
Phillip Capital
Equiti
Regulation & Trust
Phillip Capital holds licences from MAS, ASIC. Equiti is regulated by FCA, FSRA.
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 0.5 pips at Equiti.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. Equiti offers MT4, MT5.
Minimum Deposit
Phillip Capital requires no minimum deposit, while Equiti sets a minimum deposit of $500. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Capital at 3.74/5 and Equiti at 3.23/5, 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)
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1975)
Equiti
3.4/5
Choose Equiti if you want…
- No per-trade commission
- Higher leverage (up to 1:500)
- More market types (6)
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 & Equiti are available in
Frequently Asked Questions
1Is Phillip Capital better than Equiti?
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Equiti'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 Equiti?
Phillip Capital offers spreads from 0 pips, while Equiti starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs Equiti?
Phillip Capital requires a minimum deposit of $0. Equiti requires $500.
4Which broker is safer, Phillip Capital or Equiti?
Phillip Capital is regulated by MAS, ASIC, while Equiti holds licences from FCA, FSRA.
5What trading platforms do Phillip Capital and Equiti support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. Equiti supports MT4, MT5.
6Can I use both Phillip Capital and Equiti?
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.
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