Phillip Capital Inc. vs Plus500: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributePhillip Capital Inc.Plus500
Licence Score60Moderate92Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record110
1 FCA United Kingdom —Licensed · FRN 509909
1 ASIC Australia —Licensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore —Licensed
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
2 EFSA Estonia —Licensed
4 FSA (Seychelles) Seychelles —Licensed
Founded19752008
HeadquartersUnited StatesIsrael
TypeFutures broker (FX futures)Forex & CFD broker
Publicly listedNoLSE:PLUS
PlatformsProprietaryProprietary
Minimum deposit—US$100
VisitVisit siteVisit site

Frequently asked questions

Is Phillip Capital Inc. or Plus500 better regulated?

Plus500 has the higher Licence Score (92 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both Phillip Capital Inc. and Plus500?

Both are matched to licences from CFTC / NFA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.