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PhillipCapital, founded in 1975, is registered in Singapore but is not regulated by the Monetary Authority of Singapore (MAS) as a broker. The firm offers a broad range of financial services, including securities, forex, CFDs, funds, and private equities, but operates without the oversight of any major regulatory authority. The lack of regulation is a significant concern for anyone considering trading or investing with PhillipCapital. Regulatory bodies such as the MAS enforce rules that protect investors, ensure transparency, and help maintain the integrity of the financial markets. Without this oversight, there are no guarantees regarding the safety of your funds or fair trading practices. For traders, this means that the absence of proper regulation could lead to higher risks, including the potential for fraud or market manipulation. Additionally, the company’s unregulated status may make it more difficult to resolve disputes or claim compensation if anything goes wrong. If you're considering logging into your PhillipCapital login to manage your funds or make investments, keep in mind that the lack of regulatory protection makes it harder to feel secure about your trades and investments.