Brokers  /  PhillipCapital

PhillipCapital

Low risk
🇸🇬 Singapore · 5-10 years · since 2020-04-08 · Phillip Securities Pte Ltd
MAS
Visit site ↗
2.9/5
★★★★★ ★★★★★
3 reviews ›
1
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
12/100
Scam risk ›
1
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX4.59/10
Trustpilot2.9/5
Forex Peace Army—/5
12
Low risk
Scam Risk Scoremonitored · 2026-07-05
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.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)010%
Real-user sentiment508%

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

RegulatorLicense typeLicense No.RegionStatus
MASDerivatives Trading License (EP)UnreleasedSingaporeRegulated

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.

0
Period:
What users complain about
Where reviewers are from
🇸🇬 SG1
🇲🇾 MY1
Positive vs negative · last 2 months Pos Neg
Jan
Oct

Real user reviews

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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