Phillip Capital vs M1 Finance 2026: Which Broker is Better?
Choosing between Phillip Capital and M1 Finance depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while M1 Finance operates from Chicago, USA. Phillip Capital has the longer track record, established in 1975, compared to M1 Finance which was founded in 2015. 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
M1 Finance
| Phillip Capital | M1 Finance | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.2/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:2 |
| Regulation | MAS, ASIC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital vs M1 Finance: Key Differences
Phillip Capital
WinnerM1 Finance
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Fees Comparison
Phillip Capital
M1 Finance
Lower feesRegulation & Trust
Phillip Capital holds licences from MAS, ASIC. M1 Finance is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. Phillip Capital additionally covers Forex, Cfd, Commodities.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. M1 Finance offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Capital requires no minimum deposit, while M1 Finance sets a minimum deposit of $100. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Capital at 3.74/5 and M1 Finance at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Higher overall rating (3.7/5)
- No minimum deposit
- Higher leverage (up to 1:5)
- More regulatory licences (2)
M1 Finance
3.2/5
Choose M1 Finance if you want…
- No per-trade commission
Also consider
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.
Both Phillip Capital & M1 Finance are available in
Frequently Asked Questions
1Is Phillip Capital better than M1 Finance?
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs M1 Finance's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Phillip Capital or M1 Finance?
Phillip Capital offers spreads from 0 pips, while M1 Finance starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs M1 Finance?
Phillip Capital requires a minimum deposit of $0. M1 Finance requires $100.
4Which broker is safer, Phillip Capital or M1 Finance?
Phillip Capital is regulated by MAS, ASIC, while M1 Finance holds licences from SEC.
5What trading platforms do Phillip Capital and M1 Finance support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. M1 Finance supports Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Capital and M1 Finance?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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