Phillip Capital
Nexo
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and Nexo depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Nexo operates from London, UK. Phillip Capital has the longer track record, established in 1975, compared to Nexo which was founded in 2018. 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
Nexo
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 belowOverall Rating
Phillip Capital
3.7 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Phillip Capital
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Phillip Capital
WinnerNexo
Phillip Capital
Lower feesNexo
Phillip Capital holds licences from MAS, ASIC. Nexo is regulated by FCA.
Phillip Capital additionally covers Stocks, Forex, Cfd, Indices, Commodities. Nexo adds Crypto.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Capital requires no minimum deposit, while Nexo sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and Nexo at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Nexo's 3.2/5. 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 Nexo starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Nexo requires $0.
Phillip Capital is regulated by MAS, ASIC, while Nexo holds licences from FCA.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Nexo supports Proprietary Web, Proprietary Mobile.
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.