Phillip Futures

General Information & Regulation

PhillipCapital is a well-established financial institution based in Singapore. Established in 1975, PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. Phillip Futures started out as a traditional stockbroker who specialises in equities broking, but has since diversified its product ranges, and this company is now a truly integrated financial service provider. PT Phillip Futures is a member of PhillipCapital. Incorporated in 2005 with the previous name PT Phillindo Futures Indonesia and joined as a clearing member of Jakarta Futures Exchanges (JFX). PhillipCapital is became PT Phillip Futures after Phillip Trading Pte Ltd (Singapore) became the majority shareholder in 2010. In the same year, this company also joined as a clearing member of Indonesia Commodity & Derivatives Exchange (ICDX) to participate in developing commodities trading in Indonesia.

Markets Instruments

With Phillip Futures, traders can invest and trade in Futures and/ or Spot Forex currency pairs, Futures, commodities

Minimum Deposit

Traders have the option of opening a Futures Account and/or a CFD & Forex Account. The accounts can be created as an Individual or Joint Account. Phillip Futures requires no minimum initial deposit, which sounds encouraging.

Leverage

Trading leverage information is provided.

Spreads & Commissions

Phillip Futures mentions that it offers variable spreads, but it does not specify spreads on particular instrument.

Trading Platform Available

Phillip Futures provides traders with a vast array of intuitive trading platforms that are available as desktop, web, and mobile versions. They include the following: Phillip MetaTrader 5, Phillip Nova Trading Platform.

Trading Tools

Traders are provided with a range of useful trading tools that are geared at enhancing their overall trading experience, they include the Trading Calendar, Economic Calendar, Market Trends, and more.

Deposit& Withdrawal

Phillip Futures allows the following payment methods:

• Bank transfer

• Telegraphic transfer

• Cash deposits

• E-Payments