PHILLIPCAPITAL

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Advantages:

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Disadvantages:

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About company:

Phillip Capital Inc. (PhillipCapital) is a broker that is part of the PhillipCapital group based in Singapore since 1975.

The broker was established in 2010 as a futures trading broker. The company is a member of CME, CBOT, COMEX, NYMEX, ICE Futures US, CFE, NFX, ICE Futures EU and DME. In addition, the broker provides access to all major Asian exchanges and global exchanges through the PhillipCapital network of companies. The company is headquartered in Chicago, Illinois, in the historic Chicago Chamber of Commerce building.

The PhillipCapital group of companies spans 16 countries and offers a full range of financial services, including trading in futures, foreign exchange, stocks, bonds, mutual funds, real estate and insurance. The company's share capital is over USD 1 billion.

Although the PhillipCapital Group was originally established in Asia, the company has expanded significantly to date and has offices in financial center countries such as the United Kingdom and the United States. PhillipCapital Group employs over 3,500 people worldwide, with offices in Singapore, Hong Kong, China, India, Japan, Malaysia, Thailand, Indonesia, Cambodia, Sri Lanka, United Kingdom, France, Australia, Turkey and Dubai.

CFD trading

PhillipCapital trades CFDs online, providing access to the Asian, European, American, Australian (ASX) and Singapore (SGX) exchanges with the ability to trade instruments such as indices and commodities.

Orders are executed at the best price on the market thanks to DMA technology.

PhillipCapital offers its clients a variety of feature-rich platforms that allow users to trade multiple instruments across 18 global exchanges. As one of the largest financial institutions in Asia, the company provides its clients with some of the best analytical and charting tools.

Phillip CFDTrader

A platform that provides many options for charting. Various types of orders are available, such as stop loss and limit orders. Traders who trade on the platform get access to data containing financial ratios and reports, to a wide range of indicators, video tutorials, learn how to work on the terminal, they can customize the platform for themselves, including setting notifications about orders and prices.

MetaTrader4

The most widely used trading platform in the world. Traders gain access to advanced charting tools that include a wide range of drawing tools and technical analysis indicators, automated trading strategies using MT4 advisors (EA). They can be programmed to alert you to specific buy or sell signals directly from market charts. You can choose from a wide range of predefined strategies or create your own.

Accessing the platform through the MT4 mobile app allows you to manage your trading position on the go, and also allows you to access live charts and prices.

Forex trading

The FX365 trading platform provides traders with highly competitive spreads and the most advanced user-friendly technology. Some of the features of this trading platform include:

Free demo account with $ 100,000 virtual money. Spreads start at 0.4 pips with direct quotes from major international banks. The ability to hide stop losses. Leverage up to 1: 100. High-speed trading. VPS hosting through the company's trading resources.

Spreads and commissions

This broker offers relatively low average spreads of 0.8 pips on EUR / USD (on Phillip Trader accounts). The spreads on a standard Philip account are higher. The PhillipCapital UK Premium Premium account offers lower spreads (starting at 0.0 pips in EUR / USD), but includes a 0.6 pip commission.

PhillipCapital offers extremely competitive spreads and fees on all of its tradable instruments as well as DMAs on all of its CFD products.

Support service

Available by phone, fax, e-mail.

Ways of payment

Unlike most Forex brokers, PhillipCapital UK does not offer electronic payment systems like Neteller, Skrill, PayPal, etc. Payment methods available from the broker:

debit card (Visa, MasterCard, Maestro); bank transfer.

Pros:

low spreads; regulated broker; MT4 is available.

Minuses:

high initial deposit; does not offer electronic wallets for payment.

FAQ - BROKER QUESTIONS PHILLIPCAPITAL

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Can the broker PHILLIPCAPITAL be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. PHILLIPCAPITAL received a rating of 1 out of 5 on our resource.