Phillip Capital vs ThinkMarkets 2026: Which Broker is Better?
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 vs ThinkMarkets: Key Differences
Phillip Capital
ThinkMarkets
Still deciding between Phillip Capital and ThinkMarkets?
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Fees Comparison
Phillip Capital
Lower feesThinkMarkets
BrokerRank Verdict
Who Should Choose Which?
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- More established (est. 1975)
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
- Higher overall rating (3.9/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
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 & ThinkMarkets are available in
Frequently Asked Questions
1Is Phillip Capital better than ThinkMarkets?
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.
2Which has lower fees, Phillip Capital or ThinkMarkets?
Phillip Capital offers spreads from 0 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Capital vs ThinkMarkets?
Phillip Capital requires a minimum deposit of $0. ThinkMarkets requires $0.
4Which broker is safer, Phillip Capital or ThinkMarkets?
Phillip Capital is regulated by MAS, ASIC, while ThinkMarkets holds licences from FCA, ASIC.
5What trading platforms do Phillip Capital and ThinkMarkets support?
Phillip Capital supports Proprietary Web, Proprietary Mobile. ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Capital and ThinkMarkets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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