Phillip Capital
HYCM
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and HYCM depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while HYCM operates from London, UK. Phillip Capital has the longer track record, established in 1975, compared to HYCM which was founded in 1977. 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
HYCM
| Phillip Capital | HYCM | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC | FCA, CySEC, DFSA ✓ |
| 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
WinnerHYCM
Phillip Capital
HYCM
Phillip Capital holds licences from MAS, ASIC. HYCM is regulated by FCA, CySEC, DFSA.
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
On spreads, Phillip Capital is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
Phillip Capital supports Proprietary Web, Proprietary Mobile. HYCM offers MT4, MT5.
Phillip Capital requires no minimum deposit, while HYCM sets a minimum deposit of $100. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and HYCM at 3.43/5, 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…
HYCM
3.4/5
Choose HYCM if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs HYCM'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 HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. HYCM requires $100.
Phillip Capital is regulated by MAS, ASIC, while HYCM holds licences from FCA, CySEC, DFSA.
Phillip Capital supports Proprietary Web, Proprietary Mobile. HYCM supports MT4, MT5.
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.