Phillip Capital
OANDA
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Compare Phillip Capital and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Capital
OANDA
OANDA is the better choice overall, scoring 4.1/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
OANDA
3.7 vs 4.1
Lowest Fees
Phillip Capital
0 vs 0.6 pips
Regulation
OANDA
2 vs 4 licences
Min. Deposit
Tied
$0 vs $0
Phillip Capital
OANDA
WinnerPhillip Capital
OANDA
Phillip Capital scores 3.74/5 while OANDA scores 4.09/5 in our independent rating.
OANDA 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.
OANDA scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs OANDA's 4.1/5. 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 OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. OANDA requires $0.
Phillip Capital is regulated by MAS, ASIC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Phillip Capital supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.