Wikilix
Licence record

DFSA licence F003474

Holder
PhillipCapital
Jurisdiction
United Arab Emirates
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Dubai Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Aug 3, 2026

Licence Verification Record

Dubai Financial Services Authority F003474

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Dubai Financial Services Authority
Holder
PhillipCapital
Jurisdiction
United Arab Emirates
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/dubai-financial-services-authority/phillipcapital/f003474Fields on file 2 / 11

Open PhillipCapitalAbout DFSA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
United Arab Emirates
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
F003474
Licence type (Wikilix classification)
Retail Forex License
The authority

About DFSA

Dubai Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is United Arab Emirates.

Full name
Dubai Financial Services Authority
Jurisdiction
United Arab Emirates
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2004
Firms we track under it
9 firms
Regulates
Stocks, Options, Derivatives, Futures
Licences it issues
Cat 3A/3B Brokerage Licence
Typical cost of a licence
USD 50000-100000
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

DFSA's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeDFSA Complaints
  • Maximum leverage1:150
This describes the authority's regime, not how PhillipCapital applies it.
The holder

Who holds this licence

The licence above is recorded against PhillipCapital. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
PhillipCapital
Based in
United States
Wikilix score
45.3the firm’s overall score, not a rating of this licence

Wikilix records PhillipCapital as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
PhillipCapital provides customer support via phone, live chat during business hours, and email. Support is available in English, and the broker lists multiple contact phone numbers for different regions.
PhillipCapital offers trading in regulated financial instruments such as stocks, options, derivatives, and futures. Forex trading is not specifically indicated in the provided context.
PhillipCapital supports several funding methods including Bank Wire Transfer, ACH Transfer, Check, and regional e-wallets like PayNow and eNETS in Singapore. Processing times range from instant for e-wallets to several days for wire transfers, with fees varying by method and region.
PhillipCapital requires a minimum deposit of 5000 USD. The broker does not charge commissions, but withdrawal fees vary depending on the payment method and region. For example, bank wire transfer withdrawals typically incur a fee of around 25 USD in the US.
PhillipCapital provides access to the MetaTrader 4 platform, which is available on desktop. MetaTrader 4 is known for advanced charting, automated trading through Expert Advisors, and reliable execution.
PhillipCapital holds a Retail Forex License issued by the Dubai Financial Services Authority (DFSA) in the United Arab Emirates. The DFSA is an onshore regulator with a high transparency level and a regulatory index of 80. However, PhillipCapital does not have mandatory client fund insurance but applies strict fund segregation.
Licence F003474 was issued by Dubai Financial Services Authority (DFSA), the financial authority for United Arab Emirates.
PhillipCapital holds this DFSA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the DFSA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates DFSA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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