Phillip Capital
Rakuten Securities
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
In the broker comparison of Phillip Capital and Rakuten Securities, we see a significant regional focus and market approach. Phillip Capital, with its roots dating back to 1975, is ideal for traders seeking extensive access to Asia-Pacific markets, especially those interested in leveraging its MAS and ASIC regulation for trading stocks, forex, and commodities. Conversely, Rakuten Securities, established in 1999, appeals to traders who prioritise zero commission stock and ETF trading, and who are comfortable operating within a Japan-centric ecosystem. Each broker caters to distinct trader preferences, with Phillip Capital attracting those looking for an established presence in the Asia-Pacific region, while Rakuten Securities appeals to those favouring cost-effective trading within Japan.
Phillip Capital
Rakuten Securities
| Phillip Capital | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:3 |
| Regulation | MAS, ASIC ✓ | FSA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MarketSpeed II |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
WinnerRakuten Securities
Phillip Capital
Rakuten Securities
Lower fees
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Rakuten Securities's 3.4/5. 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 Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Rakuten Securities requires $0.
Phillip Capital is regulated by MAS, ASIC, while Rakuten Securities holds licences from FSA.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
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.