Phillip Capital
Firstrade
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and Firstrade depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Firstrade operates from New York, USA. Phillip Capital has the longer track record, established in 1975, compared to Firstrade which was founded in 1985. 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
Firstrade
| Phillip Capital | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:2 |
| Regulation | MAS, ASIC | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
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
Firstrade
Phillip Capital
Firstrade
Lower feesPhillip Capital holds licences from MAS, ASIC. Firstrade is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices markets. Phillip Capital additionally covers Forex, Cfd, Commodities.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Firstrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Capital requires no minimum deposit, while Firstrade sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and Firstrade at 3.41/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Firstrade's 3.4/5. 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 Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Firstrade requires $0.
Phillip Capital is regulated by MAS, ASIC, while Firstrade holds licences from SEC, CFTC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Firstrade supports Proprietary Web, Proprietary Mobile.
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.