PhillipCapital Review

PhillipCapital is one of Asia’s leading financial institutions with a global reach that extends throughout Australia, Europe and North America. Since its establishment in 1975, the company now provides services for over 1,000,000 clients worldwide. In Australia, the company offers financial services across a variety of sectors including wealth management, online trading, stock broking for both institutions and private clients, management services, investment research and corporate finance. With locations across 16 countries and operations in the world’s major financial centres, PhillipCapital is globally recognised as an industry leader in the financial market.

Online Trading with PhillipCapital

PhillipCapital has continually proven itself to be at the forefront of online trading. With over 25 years of online trading experience, the company offers some of the most competitive commission rates and spreads across all of their trading instruments including CFDs, forex and international shares. In addition to this, the company also provides clients with their own relationship manager in which a variety of support services are offered to assist traders of all experience levels.

CFD Trading

PhillipCapital has been providing online CFD trading for over 10 years, offering access to the Asian, European, US and commodity markets with the ability to trade instruments such as index CFDs, single stock CFDs and commodity CFDs. Direct Market Access (DMA) is also available on these CFDs through both the Australian market exchange (ASX) and Singapore exchange (SGX). Therefore, orders will be based on the best price and liquidity available at the time direct from the live underlying market. DMA also means that stop loss orders will have the highest chance of being filled at the specified desired price with no market maker slippage. PhillipCapital also has complete transparency of pricing, fees and execution as well as adhoc reporting and daily statements so clients can be ensured that there are no hidden fees or costs associated with their trades.

PhillipCapital provide two different platforms for CFD trading, those being the Phillip CFDTrader as well as the multi-award winning MetaTrader4. An overview of these platforms has been provided below.

Phillip CFDTrader

  • Trade from an array of charting options
  • Utilise a variety of risk management order types such as stop loss and limit orders which can be limited to specific products or markets
  • Access to fundamental company information with tools such as Reuters Fundamental Information which gives users access to data containing financial ratios, financial statements and analysis estimates
  • Easy access to relevant trading information including company details and Cash Advanced Market depth
  • Access to the company’s charting software which has capabilities such as candlestick recognition and an extensive array of indicators
  • Highly customisable platform
  • Set order and price alerts
  • Video tutorials on how to use the platform
  • Demo account available

Phillip MetaTrader4

  • Most widely used trading platform in the world
  • Known for its highly customisable tools selection and guaranteed stability
  • Access advanced charting tools which include an extensive range of drawing tools and technical analysis indicators
  • Customise indicators
  • Highly sophisticated order management
  • Access automated trading strategies with MT4’s Expert Advisors (EA’s)
  • These can be programmed to alert you of specific buy and sell signals direct from market charts
  • Trades can be automatically executed on traders behalf
  • Choose from a wide range of pre-made strategies or make your own
  • Access the platform via the MT4 mobile app which allows you to manage your trading position directly from the app and also allows you to access live charts and prices
  • Video tutorials on how to use the platform
  • Demo account available

International Share Trading

PhillipCapitals international share trading platform (Phillip POEMS) gives users access to a large variety of international exchanges from across the globe. Features of the trading platform include:

    • Access trading stocks from 18 exchanges across Asia, Europe and the US
    • One of the few stockbrokers in Australia to provide their retail clients with access to China A-Shares
    • Build a global, multiple market watchlist
  • Access multiple charting tools including analysis and drawing tools and technical indicators
  • Ability to convert share certificates in to electronic holdings which can be sold at any time
  • Video tutorials on how to use the platform
  • Demo account available

Forex Trading

PhillipCapital has been providing forex trading for over 25 years. The company’s forex trading platform, FX365, provides traders with highly competitive spreads and the most up-to-date user friendly technology. Some of the features of this trading platform include:

  • Free forex demo account with $100,000 of virtual funds
  • ECN spreads from 0.4 pips with direct quotes from major international banks
  • Stop losses can be hidden
  • Leveraging up to 100:1
  • Client funds are held in segregated trust accounts and are not used for hedging of CFDs
  • High speed trade executions
  • VPS hosting through the company’s forex trading resources

PhillipCapital Summary

PhillipCapital is an industry leader in online trading, offering their clients a variety of feature-packed platforms that allow users to trade multiple instruments across 18 global exchanges. Being one of the largest financial institutions in Asia, the company provides their clients with some of the best analytical and charting tools available. Furthermore, PhillipCapital also offers extremely competitive spreads and fees on all of their tradable instruments as well as DMA on all of their CFD products. All in all, PhillipCapitals reputation speaks for itself. The company has continually proven itself to be a highly credible online broker who provides their clients with sophisticated, user-friendly platforms and high quality customer support services for traders of all experience levels.