Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

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

Choosing between Phillip Capital and RHB Securities depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while RHB Securities operates from Kuala Lumpur, Malaysia. Phillip Capital has the longer track record, established in 1975, compared to RHB Securities which was founded in 1994. 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

RHB Securities

Higher ratedPhillip Capital logo

Phillip Capital

3.7/ 5
Visit Phillip Capital →Full review
VS
Phillip CapitalRHB Securities
BrokerRank Score3.7/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:2
RegulationMAS, ASICSC Malaysia, MAS
PlatformsProprietary Web, Proprietary MobileRHB TradeSmart, RHB Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip CapitalRHB Securities
Best for Low Fees
Phillip CapitalRHB Securities
Best for Regulation
Phillip CapitalRHB Securities
Best Overall
Phillip CapitalRHB Securities
Quick Answer

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 below

Phillip Capital vs RHB Securities: Key Differences

Feature

Phillip Capital

Winner

RHB Securities

Our Rating
3.7 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.1/lot
Regulated By
SC MalaysiaMAS
Platforms
Proprietary Web, Proprietary Mobile
RHB TradeSmart, RHB Mobile
Markets
Stocks, Forex, Cfd, Indices, Commodities
Stocks, Etf, Bonds, Funds
Founded
1975
1994
Headquarters
Singapore
Kuala Lumpur, Malaysia
Score
3 / 3
0 / 3

Still deciding between Phillip Capital and RHB Securities?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Phillip Capital

Lower fees

RHB Securities

Spread From
0 pips
0 pips
Commission
$0.08/lot
$0.1/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Phillip Capital holds licences from MAS, ASIC. RHB Securities is regulated by MAS, SC Malaysia.

Markets & Assets

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

Trading Platforms

Phillip Capital supports Proprietary Web, Proprietary Mobile. RHB Securities offers RHB TradeSmart, RHB Mobile.

Minimum Deposit

Phillip Capital requires no minimum deposit, while RHB 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 RHB 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 RHB Securities's 3.31/5. Phillip Capital holds more tier-1 licences (MAS, ASIC), offering stronger regulatory protection. RHB Securities is still a solid option for traders who prefer RHB 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)
  • Higher leverage (up to 1:5)
  • More market types (5)
  • More established (est. 1975)
RHB Securities

RHB Securities

3.4/5

Choose RHB Securities if you want…

Similar strengths to Phillip Capital — compare below.

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#6XM logo
XM
3.9
Visit

Both Phillip Capital & RHB Securities are available in

Frequently Asked Questions

1

Is Phillip Capital better than RHB Securities?

Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs RHB Securities's 3.4/5. 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 RHB Securities?

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

3

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

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

4

Which broker is safer, Phillip Capital or RHB Securities?

Phillip Capital is regulated by MAS, ASIC, while RHB Securities holds licences from SC Malaysia, MAS.

5

What trading platforms do Phillip Capital and RHB Securities support?

Phillip Capital supports Proprietary Web, Proprietary Mobile. RHB Securities supports RHB TradeSmart, RHB Mobile.

6

Can I use both Phillip Capital and RHB Securities?

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

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply