Phillip Capital
Rakuten Trade
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Compare Phillip Capital and Rakuten Trade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Capital
Rakuten Trade
| Phillip Capital | Rakuten Trade | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 2.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | MAS, ASIC ✓ | SC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
WinnerRakuten Trade
Phillip Capital
Lower feesRakuten Trade
Phillip Capital scores 3.74/5 while Rakuten Trade scores 2.93/5 in our independent rating.
Phillip Capital edges ahead overall, but Rakuten Trade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
Similar strengths to Phillip Capital — compare below.
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Rakuten Trade's 2.9/5. 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 Trade starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Rakuten Trade requires $0.
Phillip Capital is regulated by MAS, ASIC, while Rakuten Trade holds licences from SC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Rakuten Trade 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.