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Regulated By: FCA

Headquarters: UK

Ranking: 25

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Phillip Capital UK Review & Author's Comment

Phillip Capital UK is one of the most internationally known forex brokers with presence in more than 15 countries. Being regulated by FCA, I have nothing to say against the Company’s reliability and trustworthiness however I have few negative things to say about the services they offer. They have four types of accounts to offer their clients and ECN account is not one of them.

If you would like to get spreads as low as on an ECN account, you are going to have to deposit $10.000 and it is a lot, guys. Deposit and withdrawal options are one of the limited ones accepted by forex brokers that I have ever seen. The Company only accepts debit card and wire transfer for funding and withdrawing money. This is another downside that didn’t escape my attention. But like I said at the begining, it is one of the most trustworthy and professional forex firms in the industry.

Phillip Capital UK Review
  • 9/10
    Reliability - 9/10
  • 8/10
    Deposit & Withdrawal - 8/10
  • 5.5/10
    Bonus - 5.5/10
  • 6.7/10
    Customer Support - 6.7/10
  • 6.8/10
    Overall Trading Conditions - 6.8/10
7.2/10

Summary

Reputable forex broker with presence in more than 15 countries. FCA regulation. Reliable. Limited range of account types and trading instruments. Cash rebate.

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Broker Detail
Adress: 6th Floor, Candlewick House, 120 Cannon Street, London, EC4N 6AS
Phone: +44 (0) 207 398 3100
Web:

http://www.phillipcapitaluk.com

E-Mail: support@phillipcapitaluk.com
Regulator: FCA (Reference Number 169760)
Year Founded: 2014
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Debit Card
Withdrawal Methods: Wire Transfer, Debit Card
 
Customer Services
Live Chat:
24 Hours Support:
Languages: English, Italian
Platforms
Supported Platforms: MetaTrader 4
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 400:1
Spreads: As low as 0.6 for EURUSD at Premium Account
Minimum Deposit: $200
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:

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