Brokers / PhillipCapital

PhillipCapital

Low riskStockbroker

🇸🇬 Singapore · 5-10 years · since 2020-04-08 · Phillip Securities Pte Ltd

This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.

▲ 0% positive▼ 100% negative

Independent ratingshow third parties score this broker

WikiFX4.59/10

Trustpilot2.9/5

Forex Peace Army—/5

🛡️ Been scammed or can’t withdraw from PhillipCapital? Our free assistant writes up your case and shows exactly what to do next →

🇺🇸

PhillipCapital operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.

Low risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

Authorised by Tier-1 regulator(s): MAS
Withdrawal complaints in ~50% of recent reviews

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	8	35%
Company age	22	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	6	12%
Offshore registration	10	8%
Transparency (site/info/social)	0	10%
Real-user sentiment	50	8%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal namePhillip Securities Pte Ltd

Headquarters🇸🇬 Singapore

Founded2020-04-08

Years operating5-10 years

Employees0

Official websitewww.phillipcapital.com

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Registered address

250 North Bridge Road, #06-00 Raffles City Tower, Singapore 179 101

Regulation & licenses · 1

Regulator	License type	License No.	Region	Status
MAS	Derivatives Trading License (EP)	Unreleased	Singapore	Regulated

Review analysis AI

Across 2 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

Period:

What users complain about

Where reviewers are from

🇸🇬 SG1

🇲🇾 MY1

Positive vs negative · last 2 months Pos Neg

Jan

Oct

Real user reviews

Where PhillipCapital operates

Active across 15 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇸🇬 Singapore Licensed

🇰🇭 Cambodia

🇲🇾 Malaysia

🇻🇳 Vietnam

🇳🇵 Nepal

🇹🇭 Thailand

🇺🇸 United States

🇮🇳 India

🇭🇰 Hong Kong

🇮🇩 Indonesia

🇦🇺 Australia

🇵🇭 Philippines

🇯🇵 Japan

🇩🇪 Germany

🇨🇦 Canada

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

CMC MARKETS

Singapore · TP 4.2

Low risk ⇄ Compare with PhillipCapital

DBS

Singapore · TP 1.4

Guarded ⇄ Compare with PhillipCapital

Longasia

Singapore · TP 2.6

Severe ⇄ Compare with PhillipCapital

Quitrade

Singapore · TP 2

Severe ⇄ Compare with PhillipCapital

About PhillipCapital

PhillipCapital is a forex and CFD broker based in Singapore, with records dating to 2020-04-08. It reports oversight from MAS.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

On Trustpilot, PhillipCapital holds a real-user score of 2.9/5 across 3 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

Finally, beware of impersonation: we tracked 1 clone website(s) copying PhillipCapital. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full PhillipCapital review