PhillipCapital UK does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
PhillipCapital UK at a Glance
| 🔎 Broker's Name | PhillipCapital UK |
| 📍 Headquartered | United Kingdom |
| 📅 Year Founded | 1975 |
| ⚖️ Regulating Authorities | Financial Conduct Authority (FCA) |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:400 |
| 💰 Minimum Deposit | $200 / R 3 317,20 |
| 💳 Deposit Options | Credit card Debit card Visa MasterCard Maestro Bank Transfer Cheque (the UK only) |
| 💳 Withdrawal Options | Credit card Debit card Visa MasterCard Maestro Bank Transfer Cheque (the UK only) |
| 💻 Platform Types | MetaTrader 4, CQG, Poems, TT |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex Commodities CFDs Index Stock CFDs |
| 👨💼 Languages supported on Website | English, Italian |
| 👥 Customer Support Languages | English, Italian |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 200
Regulators
FCA
Trading Platform
MT4, CQG, Poems, TT
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
PhillipCapital UK Demo account – 8 key points quick overview:
PhillipCapital UK at a Glance- PhillipCapital UK Demo account – 8 key points quick overview:
- How to set up a PhillipCapital UK Demo Account – Step by Step
- PhillipCapital UK Demo Account Features
- PhillipCapital UK Customer Reviews
- PhillipCapital UK Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a PhillipCapital UK Demo Account – Step by Step
A prospective client of PhillipCapital UK can open a free demo account with the following simple steps:
Step 1 – Open Your Account
- Navigate to the Phillip Capital UK website and select the option to speak to a live chat agent.
- Traders must provide their names and email address to proceed.
Step 2 – Fill out the form
- Once connected, the trader can ask the agent to help them set up a demo account.
- The agent will ask the trader which product they wish to trade, between forex, CFDs, commodities, and indices.
- Once the trader provides their choice in a financial instrument, the agent will proceed to register the demo account on behalf of the trader.
- This only takes a minute to complete and once done, the agent will provide the trader with their MetaTrader 4 login name, password, and server for the Phillip Capital UK demo account. In addition, the agent will also provide the download link to the MetaTrader 4 trading platform.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Min Deposit
USD 200
Regulators
FCA
Trading Platform
MT4, CQG, Poems, TT
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
PhillipCapital UK Demo Account Features
The PhillipCapital UK demo account will allow users to test out the broker’s platform features, of which there are four, namely CQG, Poems, TT, and MetaTrader 4.
Included in the trading features which can be tested are professional analytical tools, advanced order routing, connectivity to over 15 exchanges, and other customizable features.
The demo account is funded with virtual currency to test these features in a live market environment without having to risk your own money before signing up for a live account.
PhillipCapital UK Customer Reviews
I was referred to Phillips Capital by a…
I was referred to Phillips Capital by a friend when my broker pulled out of the deal and said no bank is going to give a mortgage.
Gareth was so helpful; he researched and found a bank willing to work with me. He continued to reassure me every step of the way.
He was always available when I needed to talk things through and was very professional. He was able to help me get the developers to hold the property for me for 2 months after the completion date had passed. He was definitely God-sent.
Thank you soo much Gareth you get 5 extra shiny stars🌟🌟🌟🌟🌟. You are the absolute best
Top job, Top Man
excellent service got all of my needs sorted straight away and left me a very happy bunny!!
I have worked with Phillips Capital on…
I have worked with Phillips Capital on a number of projects over the years and would not hesitate to recommend them. They are knowledgeable, trustworthy, proactive, and consistently deliver. Don’t look any further than Phillips Capital for your financial needs, you will not be disappointed!
PhillipCapital UK Pros and Cons
| ✔️ Pros | ❌ Cons |
| Full access to platform features on the demo account | |
| The demo account does not appear to expire |
Conclusion
Overall, PhillipCapital UK does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading and exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does PhillipCapital UK offer a demo account?
Yes, PhillipCapital UK offers the option of a demo account to all new traders.
For how long is the demo account valid?
The demo account from PhillipCapital UK does not appear to expire.
Is PhillipCapital UK a good option for beginners trading?
PhillipCapital UK is able to accommodate various levels of traders whether you are experienced or a beginner.
Is the PhillipCapital UK demo account rigged?
PhillipCapital UK demo accounts are not rigged.
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