PhillipCapital

PhillipCapital
WikiStock Rating	⭐⭐⭐⭐
Fees	From $6.00
Interests on uninvested cash	4.98%
Margin Interest Rates	10%
Mutual Funds Offered	Trade on POEMS,Fund,Global Stock,Derivatives,Private fund,Insurance
Promotion	Waiving Foreign Currency Exchange Fees

What is PhillipCapital？

　　PhillipCapital offers a range of investment options including individual stocks, ETFs, REITs, investment trusts, and CFDs in both Japan and the U.S.

　　They attract investors through their mobile-friendly platforms, PayPay Asset Management and PhillipCapital App. However, the 10% margin interest rate will deter frequent leveraged traders, despite other perks like a 4.98% interest in uninvested cash and a modest transfer fee of 110 yen.

Pros & Cons

　　Pros of PhillipCapital

　　PhillipCapital offers a diverse array of tradable assets across Japan and U.S. markets, and is regulated by reputable authorities like FINRA, FSA, and SFC, ensuring a secure trading environment. The firm also provides promotions such as free trading and tax solutions for traders, enhancing user benefits.

　　Cons of PhillipCapital

　　PhillipCapital does not offer 24/7 live chat support, which may deter potential users. Additionally, the lack of diverse account options may limit traders looking for more customized trading experiences.

Is PhillipCapital Safe？

　　Regulations

　　PhillipCapital adheres to strict regulatory standards across multiple jurisdictions to ensure the safety and reliability of its operations. In the United States, it is overseen by the Financial Industry Regulatory Authority (FINRA) under license numbers CRD#: 173869 and SEC#: 8-69558, which regulates trading practices and maintains market integrity.

　　In Japan, the Financial Services Agency (FSA) with license number 関東財務局長（金商）第127号 oversees PhillipCapital, ensuring stability and security in the financial system.

　　Additionally, in Hong Kong, it is regulated by the Securities and Futures Commission (SFC) under license number AAG460, upholding high standards of investor protection and operational conduct.

　　Funds Safety:

　　PhillipCapital prioritizes the safety of client funds by adhering to strict financial standards and regulatory requirements. This includes ensuring all transactions are conducted directly by the account holder, aligning with Anti-Money Laundering (AML) regulations to prevent unauthorized access and ensure the legality of financial movements.

　　Safety Measures:

　　To protect client information and assets, PhillipCapital employs advanced safety measures, including industry-standard encryption technology for data security and two-factor authentication (2FA) for enhanced account security. These measures are designed to safeguard client data and funds both during transmission and in storage, providing a secure and trustworthy environment for investors.

What are securities to trade with PhillipCapital？

　　At PhillipCapital, clients have access to a wide range of securities and financial instruments suitable for various investment strategies. Here are the key securities and products available for trading:

• 　　Stocks: Clients can trade stocks using the POEMS platform, enjoy curated stock picks through the PST Stock Pick service, and stream trades in real-time.



• 　　Funds: PhillipCapital offers a diverse selection of mutual funds, accessible through Phillip Fund Super Mart and Fund SuperMart Mobile. They also provide a Dollar-Cost Averaging (DCA) scheme for mutual funds to help investors manage market volatility and invest regularly.



• 　　Global Markets: Investors looking to diversify internationally can trade global stocks and engage in global futures. Tools and resources on how to invest in global markets are readily available.



• 　　Derivatives: For those interested in more sophisticated investment options, PhillipCapital provides access to derivatives trading, including futures on the Thailand Futures Exchange (TFEX) and options for block trades and collateral or credit lines.



• 　　Investment Solutions: PhillipCapital offers tailored investment solutions including tax-saving strategies, retirement planning, and executive wealth services designed to meet the specific financial goals of each client.



PhillipCapital Account Review

　　PhillipCapital offers various account types to meet different investor needs and preferences. Heres an overview of the primary account types available:

• 　　Independent Financial Agent (IFA): The IFA account at PhillipCapital is designed for those holding an investment advisor certificate up to the IC plain type. This account allows trading and advising on a diverse portfolio, including mutual funds from 20 AMCs, personal funds, corporate bonds, Thai and foreign stocks. It is ideal for professional salespeople or those looking for self-employed opportunities without restrictions on age or profession, providing them with the tools and resources necessary for effective investment management.

• 　　Independent Insurance Agent (IIA): PhillipCapital's IIA account attracts certified agents in both life and non-life insurance. Agents can manage and advise on life insurance policies from 7 firms and non-life policies from 22 firms. This account type is suitable for those specializing in insurance, offering extensive opportunities for advising on a wide range of personal and corporate insurance products, thereby broadening their service offerings in the insurance domain.



PhillipCapital Fees Review

　　PhillipCapital offers a detailed and tiered fee structure for various financial instruments and trading services, tailored to both retail and institutional investors. Below is an overview of the commission and fee structure across different trading categories:

Product	Investor Type	Contracts	Commission per Contract	Additional Fees
SET50 Index Futures	Retail (Offline)	45316	80 THB	6.00 THB + 0.10 THB
		26-100	60 THB	6.00 THB + 0.10 THB
		101-500	40 THB	6.00 THB + 0.10 THB
		501+	30 THB	6.00 THB + 0.10 THB
	Retail (Online)	45316	72 THB	6.00 THB + 0.10 THB
		26-100	54 THB	6.00 THB + 0.10 THB
		101-500	36 THB	6.00 THB + 0.10 THB
		501+	27 THB	6.00 THB + 0.10 THB
Gold Futures (10)	Retail (Offline)	45316	90 THB	7 THB + 1 THB + 0.10 THB
		26-100	70 THB	7 THB + 1 THB + 0.10 THB
Gold Futures (50)	Retail (Offline)	45296	450 THB	35 THB + 5 THB + 0.10 THB
		45463	350 THB	35 THB + 5 THB + 0.10 THB
Stock Futures (SSF)	Retail (Offline)	Price <= 100 THB	0.1% of contract value	0.5 THB + 0.01 THB
		Price > 100 THB	0.1% of contract value	5 THB + 0.10 THB
USD Futures	Retail (Offline)	1-2,000	10 THB	1 THB + 0.10 THB
		2,001+	7 THB	1 THB + 0.10 THB

　　1. SET50 Index Futures:

• 　　Retail Investors (Offline):

• 　　1-25 contracts: 80 THB + 6.00 THB + 0.10 THB

• 　　26-100 contracts: 60 THB + 6.00 THB + 0.10 THB

• 　　101-500 contracts: 40 THB + 6.00 THB + 0.10 THB

• 　　501+ contracts: 30 THB + 6.00 THB + 0.10 THB

• 　　Institutional Investors:

• 　　From the first contract: 30 THB + 6.00 THB + 0.10 THB

• 　　Retail Investors (Online):

• 　　1-25 contracts: 72 THB + 6.00 THB + 0.10 THB

• 　　26-100 contracts: 54 THB + 6.00 THB + 0.10 THB

• 　　101-500 contracts: 36 THB + 6.00 THB + 0.10 THB

• 　　501+ contracts: 27 THB + 6.00 THB + 0.10 THB



　　2. Gold Futures (10 & 50):

• 　　Gold Futures (10) - Retail Investors (Offline):

• 　　1-25 contracts: 90 THB + 7 THB + 1 THB + 0.10 THB

• 　　26-100 contracts: 70 THB + 7 THB + 1 THB + 0.10 THB

• 　　101-250 contracts: 50 THB + 7 THB + 1 THB + 0.10 THB

• 　　251+ contracts: 40 THB + 7 THB + 1 THB + 0.10 THB

• 　　Gold Futures (50) - Retail Investors (Offline):

• 　　1-5 contracts: 450 THB + 35 THB + 5 THB + 0.10 THB

• 　　6-20 contracts: 350 THB + 35 THB + 5 THB + 0.10 THB

• 　　21-50 contracts: 250 THB + 35 THB + 5 THB + 0.10 THB

• 　　51+ contracts: 200 THB + 35 THB + 5 THB + 0.10 THB



　　3. Stock Futures (SSF) and USD Futures:

• 　　SSF for stocks priced <= 100 THB per share (Offline):

• 　　0.1% of contract value + 0.5 THB/contract + 0.01 THB



• 　　SSF for stocks priced > 100 THB per share (Offline):

• 　　0.1% of contract value + 5 THB/contract + 0.10 THB

• 　　USD Futures (Offline):

• 　　1-2,000 contracts: 10 THB + 1 THB + 0.10 THB

• 　　2,001+ contracts: 7 THB + 1 THB + 0.10 THB



Promotion

　　PhillipCapital is currently offering a variety of promotions to benefit its clients across different market sectors. Here are the highlighted promotions available:

• 　　Travel Insurance Discount: PhillipCapital offers special discounts on travel insurance for clients who purchase through their services. By using the promo code “PHILLIP24,” clients can access additional savings on their policies. As an extra perk, customers who purchase travel insurance also receive a Starbucks e-Coupon worth up to 1,200 baht, enhancing the value of their purchase.

• 　　Global Markets Promotion: In a move to support retail investors and entrepreneurs, PhillipCapital waives the transfer fee on foreign futures trades every Monday. This promotion, part of a special summer offer, aims to encourage participation in foreign futures markets, offering significant cost savings and incentives to engage in more extensive trading activities.

• 　　Foreign Currency Exchange Fee Waiver: PhillipCapital promotes cost-effective trading by waiving foreign currency exchange fees every Monday for transactions starting from 1,000 baht. This regular offer is designed to reduce the costs associated with trading and investing in global markets, making it more accessible and economically viable for traders.

• 　　Derivatives Market Insight and Promotion: PhillipCapital provides educational insights into the CME market coupled with special commission promotions for derivatives trading. This initiative is targeted at helping businesses manage risks or hedge against potential losses by providing tools and strategies to control the costs associated with raw materials and product needs through effective derivatives trading.



Research & Education

　　PhillipCapital offers a robust Research & Education platform designed to empower investors with the knowledge and insights they need for informed decision-making in the financial markets. Heres an overview of the key components of PhillipCapital's Research & Education offerings:

• 　　Professional Investment Articles and Tips: PhillipCapital provides its clients with professional advice through a series of articles that cover a wide range of topics. These include detailed discussions on derivatives, global markets, and strategies for trading stocks. Each article is designed to enhance the investor's understanding of market dynamics and investment tactics.

• 　　Educational Seminars and Events: Regular seminars and special events like the “TFEX x Phillip Prop Trader Academy” are organized to offer hands-on learning and direct interaction with experienced traders and market experts. These events are geared towards both new and seasoned investors wanting to deepen their market knowledge and trading skills.



• 　　Online Resources and Tools: Through platforms like POEMS and Settrade Open API, PhillipCapital offers advanced trading tools and resources that facilitate research and decision-making. These platforms provide access to real-time data, analytics, and the ability to execute trades efficiently.

• 　　Specialized Programs for New Investors: Initiatives like the “360 New Gen Investor Season” at educational institutions highlight PhillipCapitals commitment to fostering financial literacy among young investors. These programs are designed to teach essential financial planning and investment skills to help new investors manage their finances effectively right from the start of their careers.

• 　　Comprehensive Updates on Global and Local Markets: Regular updates and insights into both global and local market conditions are provided to keep investors abreast of the latest trends and developments. This includes detailed analyses of new investment opportunities in international markets like Singapore, as well as updates on derivatives and futures trading through the CME and other exchanges.



Customer Service

　　Phillip Securities offers customer support to its clients through a variety of channels. Clients can reach the customer support team via the hotline at 02 153 9222 available from 08:30 to 17:30, Monday through Friday.

　　Additional support is available through email for solutions at solutions@phillip.co.th and for research-related inquiries at research@phillip.co.th.

　　The firm operates a one-stop service center for investors, providing assistance across a wide range of financial products with over 15 branches spanning all regions.



Conclusion

　　Phillip Securities offers a robust investment platform that meet both local and international markets with a diverse range of financial products including stocks, mutual funds, derivatives, and more.

　　With customer support accessible via multiple channels, an extensive network of branches, and a strong focus on educational resources and professional wealth management services, Phillip Securities is dedicated to empowering investors by providing the tools and knowledge needed for successful investing.

FAQs

　　Question: How can I contact Phillip Securities customer support？

　　Answer: You can contact Phillip Securities customer support through their hotline at 02 153 9222 during business hours from 08:30 to 17:30, Monday through Friday. You can also email them at solutions@phillip.co.th for general inquiries or at research@phillip.co.th for research-related questions.

　　Question: What types of investment products does Phillip Securities offer？

　　Answer: Phillip Securities offers a wide range of investment products including stocks, mutual funds, derivatives, foreign futures, and professional wealth management services. They also provide platforms for tax-efficient investing and retirement planning.

　　Question: Where can I find Phillip Securities branches？

　　Answer: Phillip Securities has over 15 branches across all regions.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.