Phillip Capital vs MultiBank Group 2026: Which Broker is Better?
Choosing between Phillip Capital and MultiBank Group depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while MultiBank Group operates from Dubai, UAE. Phillip Capital has the longer track record, established in 1975, compared to MultiBank Group which was founded in 2005. 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
MultiBank Group
| Phillip Capital | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $50 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC | ASIC, FCA, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital vs MultiBank Group: Key Differences
Phillip Capital
WinnerMultiBank Group
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Fees Comparison
Phillip Capital
Lower feesMultiBank Group
Regulation & Trust
Phillip Capital holds licences from MAS, ASIC. MultiBank Group is regulated by ASIC, FCA, CySEC.
Markets & Assets
Both brokers offer access to Stocks, Forex, Cfd, Indices, Commodities markets.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. MultiBank Group offers MT4, MT5.
Minimum Deposit
Phillip Capital requires no minimum deposit, while MultiBank Group sets a minimum deposit of $50. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Capital at 3.74/5 and MultiBank Group at 3.60/5, 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
- More established (est. 1975)
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
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 & MultiBank Group are available in
Frequently Asked Questions
1Is Phillip Capital better than MultiBank Group?
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs MultiBank Group's 3.6/5. 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 MultiBank Group?
Phillip Capital offers spreads from 0 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs MultiBank Group?
Phillip Capital requires a minimum deposit of $0. MultiBank Group requires $50.
4Which broker is safer, Phillip Capital or MultiBank Group?
Phillip Capital is regulated by MAS, ASIC, while MultiBank Group holds licences from ASIC, FCA, CySEC.
5What trading platforms do Phillip Capital and MultiBank Group support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. MultiBank Group supports MT4, MT5.
6Can I use both Phillip Capital and MultiBank 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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