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Side-by-Side Comparison Independent Updated Oct 26, 2026

Phillip Capital vs IG Group 2026: Which Broker is Better?

Compare Phillip Capital and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Phillip Capital

IG Group

Higher ratedIG Group logo

IG Group

4.3/ 5
Visit IG Group →Full review
VS
Phillip CapitalIG Group
BrokerRank Score3.7/54.3/5 ✓
Min. Deposit$0 ✓$250
Spread from0 pips ✓0.6 pips
Max Leverage1:51:200 ✓
RegulationMAS, ASICFCA, ASIC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip CapitalIG Group
Best for Low Fees
Phillip CapitalIG Group
Best for Regulation
IG GroupPhillip Capital
Best Overall
IG GroupPhillip Capital
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).

See full side-by-side comparison below

Phillip Capital vs IG Group: Key Differences

Feature

Phillip Capital

IG Group

Winner
Our Rating
3.7 / 5
4.3 / 5
Min. Deposit
$0
$250
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$0.08/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Forex, Cfd, Indices, Commodities
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
1975
1974
Headquarters
Singapore
London, UK
Score
2 / 5
3 / 5

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Fees Comparison

Fee

Phillip Capital

IG Group

Spread From
0 pips
0.6 pips
Commission
$0.08/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Phillip Capital scores 3.74/5 while IG Group scores 4.33/5 in our independent rating.

IG Group edges ahead overall, but Phillip Capital may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Phillip Capital

Phillip Capital

3.7/5

Choose Phillip Capital if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
IG Group

IG Group

4.3/5

Top pick

Choose IG Group if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More regulatory licences (4)

Also consider

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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.

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Both Phillip Capital & IG Group are available in

Frequently Asked Questions

1

Is Phillip Capital better than IG Group?

IG Group scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Phillip Capital or IG Group?

Phillip Capital offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Phillip Capital vs IG Group?

Phillip Capital requires a minimum deposit of $0. IG Group requires $250.

4

Which broker is safer, Phillip Capital or IG Group?

Phillip Capital is regulated by MAS, ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.

5

What trading platforms do Phillip Capital and IG Group support?

Phillip Capital supports Proprietary Web, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both Phillip Capital and IG Group?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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