Phillip Capital
GO Markets
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and GO Markets depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while GO Markets operates from Melbourne, Australia. Phillip Capital has the longer track record, established in 1975, compared to GO Markets which was founded in 2006. 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
GO Markets
| Phillip Capital | GO Markets | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
WinnerGO Markets
Phillip Capital
Lower feesGO Markets
Phillip Capital holds licences from MAS, ASIC. GO Markets is regulated by ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Capital additionally covers Stocks. GO Markets adds Crypto.
On spreads, Phillip Capital is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.
Phillip Capital supports Proprietary Web, Proprietary Mobile. GO Markets offers MT4, MT5.
Phillip Capital requires no minimum deposit, while GO Markets sets a minimum deposit of $200. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and GO Markets at 3.33/5, 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…
GO Markets
3.3/5
Choose GO Markets if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs GO Markets's 3.3/5. 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 GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. GO Markets requires $200.
Phillip Capital is regulated by MAS, ASIC, while GO Markets holds licences from ASIC, CySEC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. GO Markets supports MT4, MT5.
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
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
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.