Phillip Capital vs Plus500 2026: Which Broker is Better?
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
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| 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 | 1:30 ✓ |
| 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 vs Plus500: Key Differences
Phillip Capital
Plus500
WinnerFees Comparison
Phillip Capital
Plus500
BrokerRank Verdict
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1975)
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:30)
- More regulatory licences (4)
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 & Plus500 are available in
Frequently Asked Questions
1Is Phillip Capital better than Plus500?
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.
2Which has lower fees, Phillip Capital or Plus500?
Phillip Capital offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs Plus500?
Phillip Capital requires a minimum deposit of $0. Plus500 requires $100.
4Which broker is safer, Phillip Capital or Plus500?
Phillip Capital is regulated by MAS, ASIC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do Phillip Capital and Plus500 support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Capital and Plus500?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.