Phillip Capital vs Sarwa 2026: Which Broker is Better?
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 ✓ | 3.5/5 |
| 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 3.5/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital vs Sarwa: Key Differences
Phillip Capital
WinnerSarwa
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Fees Comparison
Phillip Capital
Sarwa
Lower feesRegulation & Trust
Phillip Capital holds licences from MAS, ASIC. Sarwa is regulated by SEC, DFSA.
Markets & Assets
Both brokers offer access to Stocks markets. Phillip Capital additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Crypto.
Trading Platforms
Phillip Capital supports Proprietary Web, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Capital requires no minimum deposit, while Sarwa sets a minimum deposit of $500. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Higher overall rating (3.7/5)
- No minimum deposit
- Higher leverage (up to 1:5)
- More market types (5)
Sarwa
3.5/5
Choose Sarwa if you want…
- No per-trade commission
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 & Sarwa are available in
Frequently Asked Questions
1Is Phillip Capital better than Sarwa?
Phillip Capital scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs Sarwa's 3.5/5. 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 Sarwa?
Phillip Capital offers spreads from 0 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs Sarwa?
Phillip Capital requires a minimum deposit of $0. Sarwa requires $500.
4Which broker is safer, Phillip Capital or Sarwa?
Phillip Capital is regulated by MAS, ASIC, while Sarwa holds licences from DFSA, SEC.
5What trading platforms do Phillip Capital and Sarwa support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Capital and Sarwa?
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.
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