Use Phillip Capital forex ECN service for spreads from 0.4 and 100:1 leverage.
With nearly $37 billion in assets under management, Phillip Capital is one of Asia’s leading forex providers across 16 countries. Its services range from wealth management, forex trading, CFD trading, share trading and more.
Disclaimer: Trading in financial instruments carries various risks, and you can lose more than your capital. This article may contain general advice. You should always seek professional advice when deciding if a product is right for you.
Trade 37 major, minor and exotic currency pairs using the Phillip FX365 and Phillip FX Trader platforms. All major currency pairs are included as well as Singapore dollars, Turkish Lira and Japanese Yen.
What trading levels are available with Phillip Capital?
|Inclusions||Phillip Horizon Account||Phillip Gateway Account||Phillip Accelerator Account|
|Yes||Yes and Insto grade ECN spreads||Yes and Insto grade STP spreads|
|Minimum amount to deposit||$200||$5,000||$50,000|
What trading platforms are available?
Phillip FX 365 trading platform is available to all client levels. This OTC trading platform features a multi-bank liquidity feed giving you access to the world’s leading banks, one click-trading for speed and the ability to place different order types such as market, limit and stop loss orders. Available on devices running Windows XP and above.
Phillip MetaTrader 4
A world-class trading platform, Phillip MetaTrader 4 provides features such as advanced charting, Expert Advisors (EAs) for automated trading and can features a mobile application so you can make trades from your smartphone. Phillip MT4 is compatible with Android and Apple mobile devices and Microsoft XP and above computers.
Features look-up table
|Spread fee - AUD/USD||From 0.4 pips|
|Education and resources||Yes|
|Does it offer fixed spreads?||No|
|Is it MetaTrader supported?||Yes|
|Minimum deposit required||Yes|
|Compatible devices||Windows computers and android and apple mobile devices.|
|Demo account available?||Yes|
What are the benefits of using Phillip Capital
Unlike many other forex trading platforms, Phillip Capital is an electronic communications network (ECN) and is not a market maker. Phillip Capital facilitates your forex trades and nothing else.
Phillip Capital operates with a global network of advisors on hand to assist you with physical currency exchange, hedging, purchase and FX market advisory services.
Phillip Capital is based in Singapore with offices in Australia.
What are the pros and cons of using Phillip Capital
- The Phillip Capital is an Electronic Communications Network (ECN). There is no conflict of interest.
- Low spreads from Tier 1 liquidity providers.
- Partnered with FCM360 and Web24 for forex VPS hosting.
- Not a market maker. Currency movements are less volatile compared to using a market maker.
- Guaranteed stops are not offered.
How do I sign up?
Click through to visit the Phillip Capital website to create your free forex trading account. You can also enter your mobile number and request a callback from a Phillip Capital customer service representative.
You can trial the Phillip Capital forex trading service with the free forex demo account. This gives you a risk free environment to practice trading forex with $100,000 virtual funds. Just enter your name, email and phone number to start your download, your name and password will be sent to your email address.
You can skip the free demo account and open a live trading account right away. Individuals, joint accounts, sole traders, companies, trusts and superannuation funds are eligible to open an account.
After entering your personal details and contact information, select your forex trading accounts and proceed through the next steps of the application process to create your trading account.