Evolution Brokers
phillip capital limited
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Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while phillip capital limited was established in 2016 and is based in Bulgaria. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. Evolution Brokers serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $300 at Evolution Brokers and $250 at phillip capital limited.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| Min. Deposit | $300 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | 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 |
| Founded | 2008 | 2016 |
| Country | Belize | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and phillip capital limited, directly affecting your bottom line as a trader. phillip capital limited has a lower barrier to entry with a minimum deposit of $250 (vs $300 at Evolution Brokers). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| Min. Deposit | $300 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Evolution Brokers 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.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WEB,Desktop,iPhone,Mac | 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 Evolution Brokers and phillip capital limited compare. Evolution Brokers runs regular live webinars; phillip capital limited does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; phillip capital limited does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evolution Brokers 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.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evolution Brokers and phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. Evolution Brokers supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.
| Feature | Evolution Brokers | phillip capital limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |