Swissquote
Phillip Capital
VS
Higher Rated
Swissquote
Capital at risk · T&Cs apply
Choosing between Swissquote and Phillip Capital depends on your trading style, preferred markets, and budget. Swissquote is headquartered in Gland, Switzerland, while Phillip Capital operates from Singapore. Phillip Capital has the longer track record, established in 1975, compared to Swissquote which was founded in 1996. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Swissquote
Phillip Capital
| Swissquote | Phillip Capital | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.7/5 |
| Min. Deposit | $1000 | $0 ✓ |
| Spread from | 1.3 pips | 0 pips ✓ |
| Max Leverage | 1:100 ✓ | 1:5 |
| Regulation | FCA, MAS | MAS, ASIC |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile |
Swissquote is the better choice overall, scoring 3.8/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Phillip Capital offers lower spreads (0 pips).
See full side-by-side comparison belowSwissquote
Phillip Capital
Swissquote
Phillip Capital
Swissquote holds licences from FCA, MAS. Phillip Capital is regulated by MAS, ASIC.
Both brokers offer access to Forex, Stocks, Cfd, Indices markets. Swissquote additionally covers Crypto. Phillip Capital adds Commodities.
On spreads, Phillip Capital is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.3 pips at Swissquote.
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. Phillip Capital offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Swissquote requires a minimum deposit of $1,000, while Phillip Capital sets no minimum deposit. This makes Phillip Capital accessible to traders with any budget.
BrokerRank scores Swissquote at 3.80/5 and Phillip Capital at 3.74/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Swissquote leads overall with a clear advantage.
Swissquote
3.8/5
Choose Swissquote if you want…
Phillip Capital
3.7/5
Choose Phillip Capital if you want…
Swissquote scores higher overall on our independent rating system. Swissquote holds a 3.8/5 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.
Swissquote offers spreads from 1.3 pips, while Phillip Capital starts at 0 pips. Check the fees section above for a full breakdown.
Swissquote requires a minimum deposit of $1000. Phillip Capital requires $0.
Swissquote is regulated by FCA, MAS, while Phillip Capital holds licences from MAS, ASIC.
Swissquote supports MT4, MT5, Proprietary Web, Proprietary Mobile. Phillip Capital 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.