Plus500 vs Phillip Capital 2026: Which Broker is Better?
Choosing between Plus500 and Phillip Capital depends on your trading style, preferred markets, and budget. Plus500 is headquartered in Haifa, Israel, while Phillip Capital operates from Singapore. Phillip Capital has the longer track record, established in 1975, compared to Plus500 which was founded in 2008. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Plus500
Phillip Capital
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | Phillip Capital | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.7/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:30 ✓ | 1:5 |
| Regulation | FCA, CySEC, ASIC ✓ | MAS, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowPlus500 vs Phillip Capital: Key Differences
Plus500
WinnerPhillip Capital
Fees Comparison
Plus500
Phillip Capital
Regulation & Trust
Plus500 holds licences from FCA, ASIC, MAS. Phillip Capital is regulated by MAS, ASIC.
Markets & Assets
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, Phillip Capital is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Plus500.
Trading Platforms
Plus500 supports Proprietary Web, Proprietary Mobile. Phillip Capital offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Plus500 requires a minimum deposit of $100, while Phillip Capital sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
Overall Ratings
BrokerRank scores Plus500 at 3.98/5 and Phillip Capital at 3.74/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Plus500 leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:30)
- More regulatory licences (4)
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1975)
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 Plus500 & Phillip Capital are available in
Frequently Asked Questions
1Is Plus500 better than Phillip Capital?
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs Phillip Capital's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Plus500 or Phillip Capital?
Plus500 offers spreads from 0.6 pips, while Phillip Capital starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs Phillip Capital?
Plus500 requires a minimum deposit of $100. Phillip Capital requires $0.
4Which broker is safer, Plus500 or Phillip Capital?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Phillip Capital holds licences from MAS, ASIC.
5What trading platforms do Plus500 and Phillip Capital support?
Plus500 supports Proprietary Web, Proprietary Mobile. Phillip Capital supports Proprietary Web, Proprietary Mobile.
6Can I use both Plus500 and Phillip Capital?
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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.