B

phillip capital limited

7.4/10
Skilling logo

Skilling

7.5/10
10/10WinnerRegulation7/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

phillip capital limited was founded in 2016 and is headquartered in Bulgaria, while Skilling was established in 2016 and is based in Cyprus. phillip capital limited holds licences including Financial Conduct Authority (FCA), while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. phillip capital limited serves 10,000+ clients worldwide; Skilling has 5,000+. The minimum deposit is $250 at phillip capital limited and $100 at Skilling.

Skilling wins this category
Featurephillip capital limitedSkilling
Min. Deposit$250$100
RegulationFinancial 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-F295Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042
Founded20162016
CountryBulgariaCyprus
Clients10,000+5,000+

Fees

Fees are a critical factor when choosing between phillip capital limited and Skilling, directly affecting your bottom line as a trader. Skilling 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 Skilling does not, a notable advantage for frequent withdrawers. phillip capital limited applies inactivity fees on dormant accounts; Skilling does not. Overall, Skilling scores higher on fees in our assessment.

Skilling wins this category
Featurephillip capital limitedSkilling
Min. Deposit$250$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

Tied
Featurephillip capital limitedSkilling
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, Web Trader, Tablet & Mobile apps

Education & Research

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

Skilling wins this category
Featurephillip capital limitedSkilling
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. phillip capital limited accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Skilling supports 2 (bank transfer, credit/debit card). 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
Featurephillip capital limitedSkilling
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
Featurephillip capital limitedSkilling
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese