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Euro Pacific Bank logo

Euro Pacific Bank

6.9/10

phillip capital limited

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

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Overview

Euro Pacific Bank was founded in 1978 and is headquartered in Puerto Rico, while phillip capital limited was established in 2016 and is based in Bulgaria. Euro Pacific Bank holds licences including Office of the Commissioner of Financial Institutions (OCIF), while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. Euro Pacific Bank serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $100 at Euro Pacific Bank and $250 at phillip capital limited.

phillip capital limited wins this category
FeatureEuro Pacific Bankphillip capital limited
Min. Deposit$100$250
RegulationOffice of the Commissioner of Financial Institutions (OCIF)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
Founded19782016
CountryPuerto RicoBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Euro Pacific Bank and phillip capital limited, directly affecting your bottom line as a trader. Euro Pacific Bank 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; Euro Pacific Bank does not. Euro Pacific Bank charges deposit fees; phillip capital limited does not. Overall, Euro Pacific Bank scores higher on fees in our assessment.

Euro Pacific Bank wins this category
FeatureEuro Pacific Bankphillip capital limited
Min. Deposit$100$250
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureEuro Pacific Bankphillip capital limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,Mac,Desktop,MT4, 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 Euro Pacific Bank and phillip capital limited compare. Euro Pacific Bank runs regular live webinars; phillip capital limited does not. Both provide video tutorials. Euro Pacific Bank publishes daily market commentary; phillip capital limited does not. Both integrate third-party research tools. Euro Pacific Bank maintains an archive of past webinars for on-demand viewing. Euro Pacific Bank scores higher overall in education and research.

Euro Pacific Bank wins this category
FeatureEuro Pacific Bankphillip 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. Euro Pacific Bank 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
FeatureEuro Pacific Bankphillip 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 Euro Pacific Bank and phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. Euro Pacific Bank supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.

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