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Phillip CFD vs Quitrade

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Phillip CFD leads on safety — winning 1 of 1 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Phillip CFD Forex
42/100 risk
🇸🇬 Singapore
Read review →
Quitrade Forex
75/100 risk
🇸🇬 Singapore
Read review →
Safety & Trust
Scam-risk score lower = safer
42
75
Verdict
Guarded
Severe
Regulated
No
No
Licenses
0
0
Tier-1 regulators
0
0
Trustpilot score
2
Reviews collected
12
Exit risk lower = safer
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$250
Max leverage
Min spread (best acct)
Commission
Cost grade
Account types
0
6
Best for
Suits
Traders seeking access to a wide range of equity CFDs with no additional spread, Singapore-based traders familiar with the Phillip brand, Those looking for MetaTrader 5 platform with local market access
Not for
U.S. persons or residents of countries where CFDs are restricted, Traders who prioritize regulatory oversight and investor protection, Investors requiring tight forex spreads or comprehensive funding options
Retail traders seeking a regulated broker, Investors looking for reliable withdrawals, Anyone considering a low minimum deposit account
Products & Funding
Instruments
--
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2019-12-09
2024-03-07
Headquarters
🇸🇬 Singapore
🇸🇬 Singapore
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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