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

Phillip Capital vs OCBC Securities 2026: Which Broker is Better?

Choosing between Phillip Capital and OCBC Securities depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore. Phillip Capital has the longer track record, established in 1975, compared to OCBC Securities which was founded in 1986. 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

OCBC Securities

Higher ratedPhillip Capital logo

Phillip Capital

3.7/ 5
Visit Phillip Capital →Full review
VS
Phillip CapitalOCBC Securities
BrokerRank Score3.7/5 ✓3.3/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationMAS, ASIC ✓MAS
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, iOCBC
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip CapitalOCBC Securities
Best for Low Fees
Phillip CapitalOCBC Securities
Best for Regulation
Phillip CapitalOCBC Securities
Best Overall
Phillip CapitalOCBC Securities
Quick Answer

Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).

See full side-by-side comparison below

Phillip Capital vs OCBC Securities: Key Differences

Feature

Phillip Capital

Winner

OCBC Securities

Our Rating
3.7 / 5
3.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.18/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, iOCBC
Markets
Stocks, Forex, Cfd, Indices, Commodities
Stocks, Etf, Indices, Forex
Founded
1975
1986
Headquarters
Singapore
Singapore
Score
3 / 3
0 / 3

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Fees Comparison

Fee

Phillip Capital

Lower fees

OCBC Securities

Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.18/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Phillip Capital holds licences from MAS, ASIC. OCBC Securities is regulated by MAS.

Markets & Assets

Both brokers offer access to Stocks, Forex, Indices markets. Phillip Capital additionally covers Cfd, Commodities. OCBC Securities adds Etf.

Trading Platforms

Phillip Capital supports Proprietary Web, Proprietary Mobile. OCBC Securities offers Proprietary Web, Proprietary Mobile, iOCBC. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Phillip Capital requires no minimum deposit, while OCBC Securities sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.

Overall Ratings

BrokerRank scores Phillip Capital at 3.74/5 and OCBC Securities at 3.31/5, 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 is our recommended pick in this comparison, scoring 3.74/5 versus OCBC Securities's 3.31/5. Phillip Capital holds more tier-1 licences (MAS, ASIC), offering stronger regulatory protection. OCBC Securities is still a solid option for traders who prefer OCBC Securities's specific platform or market selection, but Phillip Capital offers a stronger overall package for the majority of traders.

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)
  • More regulatory licences (2)
  • More market types (5)
  • More established (est. 1975)
OCBC Securities

OCBC Securities

3.3/5

Choose OCBC Securities if you want…

  • More platforms (3 supported)

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Both Phillip Capital & OCBC Securities are available in

Frequently Asked Questions

1

Is Phillip Capital better than OCBC Securities?

Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs OCBC Securities's 3.3/5. 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 OCBC Securities?

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

3

What is the minimum deposit for Phillip Capital vs OCBC Securities?

Phillip Capital requires a minimum deposit of $0. OCBC Securities requires $0.

4

Which broker is safer, Phillip Capital or OCBC Securities?

Phillip Capital is regulated by MAS, ASIC, while OCBC Securities holds licences from MAS.

5

What trading platforms do Phillip Capital and OCBC Securities support?

Phillip Capital supports Proprietary Web, Proprietary Mobile. OCBC Securities supports Proprietary Web, Proprietary Mobile, iOCBC.

6

Can I use both Phillip Capital and OCBC Securities?

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

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