About the company:
Phillip Capital Inc. is a broker that is a member of the PhillipCapital group based in Singapore since 1975.
The broker was established in 2010 as an intermediary in futures trading. The company is a member of the 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 trading floors through the network of the PhillipCapital companies. The company is headquartered in Chicago, Illinois, in the historic building of the Chicago Chamber of Commerce.
The PhillipCapital Group covers 16 countries and offers a full range of financial services, including trading futures, currencies, stocks, bonds, mutual funds, real estate and insurance. The share capital of the company exceeds $1 billion.
Although the PhillipCapital Group was established in Asia, today the company has significantly expanded and has branches in such countries as the UK and the US. The PhillipCapital Group employs more than 3,500 people worldwide. It has offices in Singapore, Hong Kong, China, India, Japan, Malaysia, Thailand, Indonesia, Cambodia, Sri Lanka, Britain, France, Australia, Turkey, and Dubai.
PhillipCapital enables online CFD trading, providing access to the Asian, European, American markets, the Australian (ASX) and Singapore (SGX) floors with opportunity to trade such instruments as indices and commodities.
Orders are executed at the best price available in the market thanks to the DMA technology.
PhillipCapital offers its clients a number of multifunctional platforms that allow trading several instruments on 18 global exchanges. Being one of the largest financial institutions in Asia, the company provides its clients with some of the best analytical and graphic tools.
It is a trading platform that features a lot of options for charts building. Traders can use various types of orders, such as stop loss and limit orders. The platform also gives access to financial indices, reports, a wide range of indicators, and video tutorials that can help learn how to work on the platform. Traders can customize the platform for their own needs and set orders and price alerts.
MetaTrader 4 is the most widely used trading platform in the world. Users get access to advanced charting tools, which include a wide range of drawing tools and technical analysis indicators. Moreover traders can use automated trading strategies on the basis of the MT4 expert advisors. They can be preset to alert you about specific signals to buy or sell directly from the market charts. You can choose from a wide range of ready-made strategies or create your own ones.
Access to the platform via the mobile application MT4 allows you to manage your trading positions anywhere anytime using live charts and prices.
The FX365 platform provides traders with highly competitive spreads and modern user-friendly interface. Some of the features of this trading platform include:
Spreads and commissions
The broker offers relatively low average spreads of 0.8 pip for EUR/USD (on the Phillip Trader accounts). Spreads on the standard Philip account are higher. The Premium account features lower spreads (starting from 0 pips for EUR/USD), however, it includes a commission of 0.6 pip.
PhillipCapital offers very competitive spreads and fees for all of its instruments, as well as DMA for all CFD products.
The client support service is available by phone, fax, and email.
Unlike most forex brokers, PhillipCapital UK does not support electronic payment systems, such as Neteller, Skrill, PayPal, etc. A trader can make a deposit via:
PhillipCapital 2/10 (votes 2186)