

The broker is based in Great Britain and is regulated by FCA. The regulation by such a reputable financial authority is an additional level of security. The level of leverage is 1:200. The minimal deposit is 200 USD. Based on that some reviews say that the broker is not suitable for a newbie. You need to have some basic experience to open an account with PhillipCapital UK. There are partnership programs available
Fouded
1975
Min deposit
200$
Min withdrawal
1$
Withdrawal fee
no
Inactivity fee
15$ /month inactive fee, for accounts that are inactive for 6 months until the account balance is 0
Min bet
0.01 lots
Max. leverage
1:200
Withdrawal of funds
1-5 working days
Asset type
Forex, Indices, Commodities
Regulated
FCA
Deposit with credit card
Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers
Depositing with electronic wallet
awepay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, paytm, Skrill, UnionPay
Withdrawal
VISA, awepay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, paytm, Skrill, UnionPay
Avalaible plamform
MT4, MT5, WebTrader, IOS, Android, cTrader
Company registration
PhillipCapital UK Limited 12-14 Mason's Avenue 3rd Floor London EC2V 5BT UNITED KINGDOM
Contacts
mic.mills@phillipcapitaluk.com
44 207 398 3100
Pros
Segregates client funds
Established in 1975
Regulated by Financial Conduct Authority
Tight spreads
Low deposit requirements
Good sign up bonus and other promotions
Cons
Limited range of instruments
Not ASIC Regulated
Doesn't offer Islamic accounts
Regulatory framework not the strongest
Limited range of instruments and markets