Business and account scope
Sections ↑Phillip Capital Sdn Bhd offers Malaysian and overseas listed futures through NOVA, TT Select and CQG. The platform choice can materially change the cost: NOVA is listed without a monthly fee, while the other terminals have subscriptions and trading-volume waivers.[3][6]
Malaysian account identity
Products and FCNH
Sections ↑Futures offer
FCNH example
Terminal subscription comparison
Sections ↑Monthly platform pricing
Firing and market-data charges
| Item | Details |
|---|---|
| NOVA | No firing fee; BMD, SGX, CME Group and HKEX data are listed free.Source 6 |
| TT Select | BMD firing free; global products USD0.50 per filled lot. BMD data free; other venues follow TT’s data schedule.Source 6 |
| CQG | USD0.25 per filled lot, capped at USD495; BMD data free and other venues charged under CQG’s schedule.Source 6 |
These are platform charges, separate from contract brokerage and exchange fees. Compare the total at your likely monthly volume; falling below a waiver threshold changes the subscription bill.[6]
Platform access
Sections ↑Funding and withdrawals
Sections ↑Funding controls
| Item | Details |
|---|---|
| Transfer methods | Instant bank transfer, internet bank transfer and telegraphic transfer.Source 5 |
| Currencies | The futures funding table supplies separate MYR, USD, AUD, JPY, SGD, EUR, GBP and HKD routes.Source 5 |
| Beneficiary | Use the futures-specific Phillip Capital instructions; the CFD payee is separately identified.Source 5 |
| Withdrawal beneficiary | Third-party withdrawals are prohibited; the bank account must be verified in the customer’s name.Source 5 |
Withdrawal timing and cost
| Item | Details |
|---|---|
| Futures cutoff | 10:00 MYT on a business day; later requests move to the next business day.Source 5 |
| Other services | The stocks/CFD cutoff is noon.Source 5 |
| Receiving bank | MYR is transferred on the processing day; foreign-currency availability depends on bank processing.Source 5 |
| Charges | Phillip states no withdrawal processing fee; bank remittance charges remain payable by the customer.Source 5 |
Margin calls and delivery deadlines
Sections ↑Position-management rules
| Item | Details |
|---|---|
| Call resolution | Equity must reach initial margin by the applicable cutoff; a partial payment can still leave the account subject to liquidation.Source 8 |
| Expiry | Physically deliverable positions must be closed or rolled before the broker’s contract-specific deadline.Source 8 |
| Timing | The guidance generally refers to one business day before first-notice/last-trading dates, with earlier deadlines for some contracts.Source 8 |
| Losses after closeout | Slippage can leave a deficit that the customer must pay.Source 8 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Phillip Capital Sdn Bhd
MalaysiaSource 3
No separate licence entry is recorded in this panel.
Contacts and dated promotions
Sections ↑Customer support
| Item | Details |
|---|---|
| General | +603 2783 0388; [email protected].Source 3Source 6 |
| Delivery enquiries | The margin/delivery page publishes +603 9212 2828 and +603 2162 1628.Source 8 |
The RM50 trading-credit campaign documented for October 2025–March 2026 has ended. Its credits were non-transferable and not redeemable as cash; they are not a current account benefit.[7]
Complaints and independent redress
FMOS referral route
| Item | Details |
|---|---|
| Membership | The account entity appears in the current FMOS directory.Source 9 |
| Scope | Eligible direct-loss claims up to RM250,000; investment-performance losses generally excluded.Source 10 |
| Referral | Firm complaint first; FMOS referral within six months of final reply or after 60 days without response.Source 11 |
Sources & further reading
- Official FCNH USD/CNH contract terms — USD20,000 unit and RMB2 tick Bursa Malaysia Derivatives · Accessed 26 Oct 2026
- FCNH currency-futures frequently asked questions and settlement mechanics Bursa Malaysia Derivatives · Accessed 26 Oct 2026
- Malaysia futures and FCNH product description Phillip Capital Malaysia · Accessed 26 Oct 2026
- Phillip local account and documents, including futures/CDS and CFDs Phillip Capital Malaysia · Accessed 26 Oct 2026
- Phillip Capital funding, withdrawal cutoffs and beneficiary rules Phillip Capital Malaysia · Accessed 29 Oct 2026
- NOVA, TT Select and CQG platform pricing and data charges Phillip Capital Malaysia · Accessed 29 Oct 2026
- Expired trading-credit promotion 1 Oct 2025 to 31 Mar 2026 Phillip Capital Malaysia · Accessed 26 Oct 2026
- Margin calls, delivery deadlines and forced liquidation Phillip Capital Malaysia · Accessed 29 Oct 2026
- Current FMOS member directory Financial Markets Ombudsman Service · Accessed 29 Oct 2026
- Eligible disputes and exclusions Financial Markets Ombudsman Service · Accessed 29 Oct 2026
- How to file a dispute and referral deadlines Financial Markets Ombudsman Service · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.