Higher Rated
Plus500
Capital at risk · T&Cs apply
In this broker comparison, we evaluate Phillip Capital and Plus500, two distinct entities catering to different types of traders. Phillip Capital, with its long-standing presence in the Asia-Pacific region, appeals to experienced traders seeking access to a broad range of markets, including SGX and HKEx, through its proprietary POEMS platform. In contrast, Plus500 targets beginner traders with its user-friendly platform and zero-commission trading on a wide array of CFDs, although it lacks real asset ownership. While Phillip Capital is suited for those prioritising regulatory robustness and market access, Plus500 offers an intuitive experience for those new to trading.
Phillip Capital
Plus500
| Phillip Capital | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:300 ✓ |
| Regulation | MAS, ASIC | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
Plus500
WinnerPhillip Capital
Plus500
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Plus500's 4.0/5. 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 Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Plus500 requires $100.
Phillip Capital is regulated by MAS, ASIC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Plus500 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.