B

ETX Capital

7.6/10

phillip capital limited

7.4/10
8/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
6/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

ETX Capital was founded in 2002 and is headquartered in UK, while phillip capital limited was established in 2016 and is based in Bulgaria. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. ETX Capital serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $100 at ETX Capital and $250 at phillip capital limited.

ETX Capital wins this category
FeatureETX Capitalphillip capital limited
Min. Deposit$100$250
RegulationFinancial Conduct Authority (FCA)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
Founded20022016
CountryUKBulgaria
Clients10,000+10,000+

Fees

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

ETX Capital wins this category
FeatureETX Capitalphillip capital limited
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ETX Capital offers MT4, MT5, cTrader, while phillip capital limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureETX Capitalphillip capital limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Mirror Trader, Binary, Tablet & Mobile appsMT4, 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 ETX Capital and phillip capital limited compare. ETX Capital runs regular live webinars; phillip capital limited does not. Both provide video tutorials. ETX Capital publishes daily market commentary; phillip capital limited does not. Both integrate third-party research tools. ETX Capital maintains an archive of past webinars for on-demand viewing. ETX Capital scores higher overall in education and research.

ETX Capital wins this category
FeatureETX Capitalphillip 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. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while phillip capital limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). phillip capital limited uniquely supports PayPal and Skrill among the two brokers. phillip capital limited scores higher on deposit and withdrawal flexibility.

phillip capital limited wins this category
FeatureETX Capitalphillip capital limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureETX Capitalphillip capital limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, French, Spanish, German, Polish, Czech, Greek and MandarinEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic