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Side-by-Side Comparison Independent Updated Oct 2, 2026

Phillip Capital vs Libertex 2026: Which Broker is Better?

Choosing between Phillip Capital and Libertex depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Libertex operates from Limassol, Cyprus. Phillip Capital has the longer track record, established in 1975, compared to Libertex which was founded in 1997. 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

Libertex

Higher ratedPhillip Capital logo

Phillip Capital

3.7/ 5
Visit Phillip Capital →Full review
VS
Phillip CapitalLibertex
BrokerRank Score3.7/5 ✓3.7/5
Min. Deposit$0 ✓$10
Spread from0 pips0 pips
Max Leverage1:51:999 ✓
RegulationMAS, ASIC ✓CySEC
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip CapitalLibertex
Best for Low Fees
Phillip CapitalLibertex
Best for Regulation
Phillip CapitalLibertex
Best Overall
Phillip CapitalLibertex
Quick Answer

Phillip Capital is the better choice overall, scoring 3.7/5 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 Libertex: Key Differences

Feature

Phillip Capital

Winner

Libertex

Our Rating
3.7 / 5
3.7 / 5
Min. Deposit
$0
$10
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.08/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4, MT5
Markets
Stocks, Forex, Cfd, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1975
1997
Headquarters
Singapore
Limassol, Cyprus
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Phillip Capital

Libertex

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

Regulation & Trust

Phillip Capital holds licences from MAS, ASIC. Libertex is regulated by CySEC.

Markets & Assets

Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.

Trading Platforms

Phillip Capital supports Proprietary Web, Proprietary Mobile. Libertex offers Proprietary Web, Proprietary Mobile, MT4, MT5. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Phillip Capital requires no minimum deposit, while Libertex sets a minimum deposit of $10. This makes Phillip Capital accessible to traders with any budget.

Overall Ratings

BrokerRank scores Phillip Capital at 3.74/5 and Libertex at 3.69/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.

BrokerRank Verdict

Phillip Capital and Libertex are closely matched, with Phillip Capital scoring 3.74/5 against Libertex's 3.69/5. Phillip Capital holds more tier-1 licences (MAS, ASIC), offering stronger regulatory protection. Phillip Capital is more accessible for new traders with its lower minimum deposit requirement. For most traders, Phillip Capital is the stronger all-round choice, though Libertex remains competitive for traders who prefer Libertex's specific platform or market selection.

Who Should Choose Which?

Phillip Capital

Phillip Capital

3.7/5

Top pick

Choose Phillip Capital if you want…

  • Higher overall rating (3.7/5)
  • No minimum deposit
  • More regulatory licences (2)
  • More established (est. 1975)
Libertex

Libertex

3.7/5

Choose Libertex if you want…

  • No per-trade commission
  • Higher leverage (up to 1:999)
  • More market types (6)
  • More platforms (4 supported)

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80% of retail CFD accounts lose money.

Both Phillip Capital & Libertex are available in

Frequently Asked Questions

1

Is Phillip Capital better than Libertex?

Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Libertex's 3.7/5. 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 Libertex?

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

3

What is the minimum deposit for Phillip Capital vs Libertex?

Phillip Capital requires a minimum deposit of $0. Libertex requires $10.

4

Which broker is safer, Phillip Capital or Libertex?

Phillip Capital is regulated by MAS, ASIC, while Libertex holds licences from CySEC.

5

What trading platforms do Phillip Capital and Libertex support?

Phillip Capital supports Proprietary Web, Proprietary Mobile. Libertex supports Proprietary Web, Proprietary Mobile, MT4, MT5.

6

Can I use both Phillip Capital and Libertex?

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

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