PhillipCapital UK Review 2024

4.5/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • FCA
Foundation date:
  • 2013
Updated:
4.5/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • FCA
Foundation date:
  • 2013
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PhillipCapital UK isn't available in United States
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Our Evaluation of PhillipCapital UK

4.5/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

PhillipCapital UK is a broker with higher-than-average risk and the TU Overall Score of 4.5 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by PhillipCapital UK clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

Brief Look at PhillipCapital UK

PhillipCapital was founded in 1975, and nowadays the company operates in more than 15 countries of the world. PhillipCapital is authorised and regulated by the FCA 169760 (The Financial Conduct Authority). The brokerage offers trading Forex, CFDs, Indices, and Commodities, reliable order execution, deep liquidity, competitive spreads, and user-friendly MT4 platform.

PhillipCapital UK Summary

💻 Trading platform: MetaTrader 4, Mobile Platforms
📊 Accounts: Standard, Professional, Futures
💰 Account currency: EUR, USD, GBP
💵 Replenishment / Withdrawal: Skrill, Neteller, Bank Wire, Visa/Mastercard
🚀 Minimum deposit: 2000 USD
⚖️ Leverage: 1:100
💼 PAMM-accounts: No
📈️ Min Order: 0,01
💱 Spread: from 0,1 p
🔧 Instruments: Forex, Index CFDs, Commodities
💹 Margin Call / Stop Out: 100%/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market execution
⭐ Trading features: No
🎁 Contests and bonuses: No

User Satisfaction

Score:
2.3/10

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donnyrich
15 weeks ago

The main and major problem of PhillipCapital is busy servers, so there are requotes and delays between order and execution. I tested trading here, but I was not satisfied. Therefore, I will not recommend this broker.

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san_ay7
3 years ago

PhillipCapital, as puppeteers, mislead people by providing false information about the market situation. A person trades and thinks that this is real trading, but it is not, it is a setup. Impudent deceivers!

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sumand75
3 years ago

DU is generally a muddy thing in PhillipCapital. I would not dare to entrust my money to some person unknown to me who works in such a murky office

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thaqrindu16
3 years ago

On the initiative of my account manager, a sell deal was opened. On the initiative of the same person, the deal was not closed at an acceptable price, but continued to be opened until the price changed direction and took me at a loss. Don't trust Phillip Capital, there are breeders working here!

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finisherman
3 years ago

Do not associate with this broker. They do not withdraw money! 3 months my application hangs, the support really can't say anything, they repeat like parrots "In the first place". Not a broker, but a scam!

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sansophat
3 years ago

PhillipCapital UK is the most authentic cuisine. Merge by all available methods: slippage, cancellation of profitable trades. If, nevertheless, the trader manages to trade something, he will not be allowed to withdraw it anyway. I don’t understand how they have existed for so many years. I would advise you to stay away from them.

Comparison of PhillipCapital UK with other Brokers

PhillipCapital UK RoboForex Pocket Option Exness FxPro FreshForex
Trading
platform
MT4, Zulu Trader MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge MT4, MobileTrading
Min deposit $1000 $10 $5 $10 $100 No
Leverage From 1:1
to 1:200
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:2000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.1 points From 0 points From 1.2 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
100%  /  50% 60%  /  40% 30%  /  50% No  /  60% 25%  /  20% 40%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution
No deposit bonus No No No No No $30
Cent accounts No Yes No No No Yes
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Team that worked on the article