PhillipCapital Review: A Detailed Insight For Traders

If you're a trader in search of a reliable, regulated broker, PhillipCapital deserves your deliberate consideration. A branch of the renowned King & Shaxson Capital LTD., PhillipCapital Limited, and Phillip Futures Pte Ltd, PhillipCapital embodies over four decades worth of trading expertise and knowledge. Established in 1975, PhillipCapital has been catering to online brokerage services since 2015. This post will provide an unbiased review of PhillipCapital’s offerings, focusing on areas of significant interest to traders.

Brokerage Features

One of PhillipCapital's appealing features is the minimum trading account size. With as little as $200, you can get started. This low entry barrier makes PhillipCapital an inviting platform, particularly for new traders who may not want to make heavy investments in the initial phase. Besides, the minimum position size in this platform is 0.1, which offers the necessary flexibility to traders, especially those with smaller accounts.

Regulation is another critical area to consider for any trader. So, you'll be reassured to know that PhillipCapital operates under serious regulation. This ensures your funds are in safe hands as the platform must adhere to strict guidelines and principles.

As for the trading environment, PhillipCapital is associated with low spread, a feature that can enhance potential profitability by reducing transaction costs.

Trading Opportunities

PhillipCapital offers several features that can improve your trading experience. They provide trading by phone for those who prefer traditional methods or need to execute urgent trades where internet access might be limited.

Free education is provided to clients, which is a significant advantage for both novice and experienced traders. This can foster continuous learning, help traders stay updated on market trends, and refine their trading strategies.

PhillipCapital also offers the advantage of segregated accounts. Segregation ensures that the client's funds are separated from the company’s operating funds. In the unlikely event of insolvency, clients’ funds still remain safe.

The option to have a personal manager for your account can be exceedingly beneficial, particularly for inexperienced traders. It ensures traders get the necessary guidance and assistance in their trading journey.

Furthermore, the platform also offers bonuses, which can be a significant boost to your trading capital.

Limitations

Despite its impressive offerings, PhillipCapital does have limitations. Notably, it does not allow US traders. This could be a significant drawback for traders based in the US interested in benefiting from PhillipCapital's many advantages.

Final Thoughts

Despite its limitation, PhillipCapital is a robust platform offering impressive features and serious regulation. However, it's crucial to remember that trading involves risk, and strategies should be developed considering this risk. The max leverage provided was not available at the time of this review. Always make sure to trade responsibly and understand the implications of leverage on your trading.

In summary, PhillipCapital offers a wide range of benefits for traders. From its easy-to-start account and professional management to free education and bonuses, this platform offers much to those willing to delve into the trading world.

This is a general informational review and should not be considered as financial advice. Always do your own due diligence as per your specific trading needs and requirements.