IC Markets takes it, 3 criteria to 2.
A TrueBroker comparison puts two brokers on the same scale: trust scores out of 10, built from regulation, fees, platform, support and verified trader reviews, recomputed daily.
Where does each broker win?
On the five criteria, IC Markets scores higher on regulation (7.8 to 3.8), platform (7.4 to 5.6) and trader reviews (7.2 to 5.7), while Phillip Capital scores higher on fees (9.0 to 8.3) and support (7.3 to 6.0).
| Criterion | IC Markets | Phillip Capital |
|---|---|---|
| Regulation | 7.8 | 3.8 |
| Fees | 8.3 | 9.0 |
| Platform | 7.4 | 5.6 |
| Support | 6.0 | 7.3 |
| Trader reviews | 7.2 | 5.7 |
| Trust score | 7.3 | 6.3 |
How do the facts compare?
| IC Markets | Phillip Capital | |
|---|---|---|
| Founded | 2007 | 1975 |
| Headquarters | AU | SG |
| Minimum deposit | not disclosed | Not stated |
What is IC Markets best at?
- ASIC licence 335692 is confirmed for International Capital Markets Pty Ltd
- CySEC licence 362/18 is confirmed for IC Markets (EU) Ltd
- Seychelles FSA registration is confirmed for Raw Trading Ltd
What is Phillip Capital best at?
- Phillip Securities Pte Ltd states it holds an MAS capital markets services licence
- Published fees cover CFD commissions, finance charges, custody and maintenance fees
- POEMS, MT4 and MT5 are offered, with demo accounts available
Full detail, licence tables and the evidence behind every number: read the IC Markets review and the Phillip Capital review. Scores are recomputed daily and this page updates with them.
FAQ
Is IC Markets regulated more strongly than Phillip Capital?
IC Markets scores better on regulation, 7.8 of 10 to 3.8. The licence detail lives in each full review.
Which has better fees, IC Markets or Phillip Capital?
Phillip Capital scores better on fees, 9.0 of 10 to 8.3. The full cost breakdown is in each review.
So which broker is safer?
IC Markets is the safer pick here, scoring 7.3 of 10 against Phillip Capital’s 6.3 on regulation, fees, platform, support and verified trader reviews. Both brokers are re-scored daily and this comparison updates with them.
SCORES ARE COMPUTED BEFORE ANY COMMERCIAL CONVERSATION ยท MONEY BUYS THE SLOT, NEVER THE NUMBER