Phillip Capital Inc. regulation & licences
Licences on record 1
1 Tier 1 — top-tier regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
Phillip Capital Inc. is a futures broker (FX futures) founded in 1975 and headquartered in United States. It is part of PhillipCapital Group.
In our database Phillip Capital Inc. is matched to 1 licence from CFTC / NFA. The strongest of these, the CFTC / NFA (United States) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.
None of the regulators we have matched to Phillip Capital Inc. operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength. Retail leverage caps apply at the CFTC / NFA-regulated entities (for example 50:1 on major FX pairs, 20:1 on other pairs at CFTC / NFA).
Phillip Capital Inc. supports its own proprietary platform.
Phillip Capital Inc. provides access to currency futures listed on regulated exchanges such as CME Group, rather than spot forex or CFDs. Futures are standardised, centrally cleared contracts with different margin and tax treatment from spot FX.
Regulatory strengths
- Licensed by 1 tier-1 regulator (CFTC / NFA)
- Operating for about 51 years
Points to check
- No statutory compensation scheme at any matched regulator
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Phillip Capital Inc. regulation FAQ
Is Phillip Capital Inc. regulated?
Yes — in our database Phillip Capital Inc. is matched to 1 licence: CFTC / NFA (United States). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is Phillip Capital Inc. a tier-1 regulated broker?
Phillip Capital Inc. holds 1 licence from regulators we classify as tier 1: CFTC / NFA.
Does Phillip Capital Inc. accept US clients?
Phillip Capital Inc. is matched to a CFTC/NFA registration in our database, so a US-regulated entity exists. US accounts are subject to 50:1 leverage caps, FIFO and no-hedging rules.
Is my money protected with Phillip Capital Inc.?
None of the regulators matched to Phillip Capital Inc. in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
How can I verify Phillip Capital Inc.'s licence?
Find the company name and licence number in Phillip Capital Inc.'s client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.