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Directshares logo

Directshares

7.3/10

phillip capital limited

7.4/10
6/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Directshares was founded in 2007 and is headquartered in Australia, while phillip capital limited was established in 2016 and is based in Bulgaria. Directshares holds licences including The Portuguese Securities Market Commission (CMVM), while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. Directshares serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $100 at Directshares and $250 at phillip capital limited.

phillip capital limited wins this category
FeatureDirectsharesphillip capital limited
Min. Deposit$100$250
RegulationThe Portuguese Securities Market Commission (CMVM)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F295
Founded20072016
CountryAustraliaBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Directshares and phillip capital limited, directly affecting your bottom line as a trader. Directshares has a lower barrier to entry with a minimum deposit of $100 (vs $250 at phillip capital limited). Both brokers charge withdrawal fees. phillip capital limited applies inactivity fees on dormant accounts; Directshares does not. Directshares charges deposit fees; phillip capital limited does not. Overall, Directshares scores higher on fees in our assessment.

Directshares wins this category
FeatureDirectsharesphillip capital limited
Min. Deposit$100$250
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Directshares offers MT4, MT5, cTrader, while phillip capital limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Directshares supports social and copy trading features, which phillip capital limited does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureDirectsharesphillip capital limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,iOS,MacBook,iPhoneMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Directshares and phillip capital limited compare. Directshares runs regular live webinars; phillip capital limited does not. Both provide video tutorials. Directshares publishes daily market commentary; phillip capital limited does not. Both integrate third-party research tools. Directshares maintains an archive of past webinars for on-demand viewing. Directshares scores higher overall in education and research.

Directshares wins this category
FeatureDirectsharesphillip capital limited
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Directshares accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while phillip capital limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). phillip capital limited uniquely supports PayPal and Skrill and Neteller among the two brokers. phillip capital limited scores higher on deposit and withdrawal flexibility.

phillip capital limited wins this category
FeatureDirectsharesphillip capital limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Directshares and phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. Directshares supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureDirectsharesphillip capital limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic