Side-by-Side Comparison Independent Updated Jul 31, 2026
Bitso MX vs Phillip Nova 2026: Which Broker is Better?
Compare Bitso MX and Phillip Nova side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Bitso MX
Phillip Nova
VS
| Bitso MX | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 2.4/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:20 ✓ |
| Regulation | CNBV | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Quick VerdictBrokerRank recommends
Best for Beginners
Bitso MXPhillip Nova
Best for Low Fees
Bitso MXPhillip Nova
Best for Regulation
Bitso MXPhillip Nova
Best Overall
Phillip NovaBitso MX
Quick Answer
Phillip Nova is the better choice overall, scoring 3.4/5 vs 2.4/5 on BrokerRank's independent rating. On fees, Bitso MX offers lower spreads (0 pips).
See full side-by-side comparison belowBitso MX vs Phillip Nova: Key Differences
Feature
Bitso MX
Phillip Nova
WinnerOur Rating
2.4 / 5
3.4 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0.6 pips
Commission
$0.5/lot
None
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, POEMS
Markets
Crypto
Forex, Cfd, Indices, Commodities, Crypto
Founded
2014
2005
Headquarters
Mexico City, Mexico
Singapore
Score
1 / 4
3 / 4
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Find my matchFees Comparison
Fee
Bitso MX
Phillip Nova
Spread From
0 pips
0.6 pips
Commission
$0.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Bitso MX scores 2.44/5 while Phillip Nova scores 3.39/5 in our independent rating.
Phillip Nova edges ahead overall, but Bitso MX may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Bitso MX
2.4/5
Choose Bitso MX if you want…
- Tighter spreads (from 0 pips)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher overall rating (3.4/5)
- No per-trade commission
- Higher leverage (up to 1:20)
- More market types (5)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is Bitso MX better than Phillip Nova?
Phillip Nova scores higher overall on our independent rating system. Bitso MX holds a 2.4/5 rating vs Phillip Nova's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Bitso MX or Phillip Nova?
Bitso MX offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Bitso MX vs Phillip Nova?
Bitso MX requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, Bitso MX or Phillip Nova?
Bitso MX is regulated by CNBV, while Phillip Nova holds licences from MAS.
5What trading platforms do Bitso MX and Phillip Nova support?
Bitso MX supports Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Bitso MX and Phillip Nova?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Phillip Nova
Capital at risk · T&Cs apply