Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
When comparing Phillip Capital and ThinkMarkets, the key difference lies in their market focus and trading platforms. Phillip Capital, with a strong presence in the Asia-Pacific region and over 50 years of experience, appeals to traders seeking access to Asian markets like SGX and HKEx through its proprietary POEMS platform. In contrast, ThinkMarkets, founded in 2010 and headquartered in London, caters to traders looking for diverse markets, including cryptocurrencies, and offers advanced trading tools via the popular MT4 and MT5 platforms. While Phillip Capital is ideal for those focused on Asian exchanges, ThinkMarkets is better suited for traders seeking high leverage and a broader range of trading instruments.
Phillip Capital
ThinkMarkets
| Phillip Capital | ThinkMarkets | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.9/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | MAS, ASIC | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Capital
ThinkMarkets
Phillip Capital
Lower feesThinkMarkets
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
ThinkMarkets scores higher overall on our independent rating system. Phillip Capital holds a 3.7/5 rating vs ThinkMarkets's 3.9/5. 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 ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Capital requires a minimum deposit of $0. ThinkMarkets requires $0.
Phillip Capital is regulated by MAS, ASIC, while ThinkMarkets holds licences from FCA, ASIC.
Phillip Capital supports Proprietary Web, Proprietary Mobile. ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.