PhillipCapital UK Review
PhillipCapital continues to grow globally with the newly established PhillipCapital UK, based in London. We offer online trading services in a range of derivative instruments, both for investing and hedging, allowing investors to diversify their portfolio. Together with a client-centric team, clients have access to top tier and deep liquidity from major banks and competitive spreads and margining for spot Forex, Index CFDs, spot metals and oil contracts.
PhillipCapital UK is authorised and regulated in the UK by the Financial Conduct Authority and brings the heritage and expertise of the group to London to build long term relationships with our clients and partners.
Typical Spread on Majors
| EUR/USD | 0.6 |
| GBP/USD | 0.8 |
| USD/JPY | 0.8 |
- Company Info
| Headquarters | London, United Kingdom |
| Type of Broker | STP |
| Founded | 2014 |
| Regulated By | Regulated By FCA (UK) |
| Offices In | United Kingdom |
| Supported Languages | English, Italian, Spanish, Chinese |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | GBP, EUR, USD |
| Minimum Deposit | $200 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | Flexible |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $10,000 Minimum Deposit |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | No |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Debit Cards, Wire Transfer, Neteller, Skrill |
| Withdrawal Methods | Wire Transfer |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, ZuluTrade |
| NO of Pairs | 45 |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 1 |
| Demo Account Expiry | 1 Month |
| VPS Offered | Yes |
| Free VPS Conditions | Offered to PhillipTrader and Premium accounts, minimum volume required. |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 400:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 15+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Indices | Yes |
PhillipCapital UK Reviews
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