Phillip Capital
Sarwa
VS
Higher Rated
Phillip Capital
Capital at risk · T&Cs apply
Choosing between Phillip Capital and Sarwa depends on your trading style, preferred markets, and budget. Phillip Capital is headquartered in Singapore, while Sarwa operates from Dubai, UAE. Phillip Capital has the longer track record, established in 1975, compared to Sarwa which was founded in 2017. 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
Sarwa
| Phillip Capital | Sarwa | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $500 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:1 |
| Regulation | MAS, ASIC | DFSA, SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Phillip Capital is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
WinnerSarwa
Phillip Capital
Sarwa
Lower feesPhillip Capital holds licences from MAS, ASIC. Sarwa is regulated by SEC, DFSA.
Both brokers offer access to Stocks markets. Phillip Capital additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Crypto.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Capital requires no minimum deposit, while Sarwa sets a minimum deposit of $500. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Phillip Capital at 3.74/5 and Sarwa at 3.34/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Capital leads overall with a clear advantage.
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Sarwa
3.3/5
Choose Sarwa if you want…
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Sarwa's 3.3/5. 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 Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. Sarwa requires $500.
Phillip Capital is regulated by MAS, ASIC, while Sarwa holds licences from DFSA, SEC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. Sarwa 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.