phillip capital limited
SpreadCo
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Overview
phillip capital limited was founded in 2016 and is headquartered in Bulgaria, while SpreadCo was established in 2005 and is based in London. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. phillip capital limited serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $250 at phillip capital limited and $100 at SpreadCo.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | 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 | Financial Conduct Authority (FCA) |
| Founded | 2016 | 2005 |
| Country | Bulgaria | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between phillip capital limited and SpreadCo, directly affecting your bottom line as a trader. SpreadCo 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; SpreadCo does not. SpreadCo charges deposit fees; phillip capital limited does not. Overall, SpreadCo scores higher on fees in our assessment.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
phillip capital limited offers MT4, MT5, cTrader, while SpreadCo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. SpreadCo supports social and copy trading features, which phillip capital limited does not offer. The two brokers are closely matched on platform offering.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 SpreadCo compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 SpreadCo 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.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. phillip capital limited supports 8 languages and SpreadCo supports 2, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.
| Feature | phillip capital limited | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |