Side-by-Side Comparison Independent Updated Sep 11, 2026
CIMB Securities vs Phillip Nova 2026: Which Broker is Better?
Compare CIMB Securities and Phillip Nova side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
CIMB Securities
Phillip Nova
VS
| CIMB Securities | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:20 ✓ |
| Regulation | SC, MAS ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile, iTrade | Proprietary Web, Proprietary Mobile, POEMS |
Quick VerdictBrokerRank recommends
Best for Beginners
CIMB SecuritiesPhillip Nova
Best for Low Fees
CIMB SecuritiesPhillip Nova
Best for Regulation
CIMB SecuritiesPhillip Nova
Quick Answer
CIMB Securities (3.4/5) and Phillip Nova (3.4/5) are closely matched. CIMB Securities has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowCIMB Securities vs Phillip Nova: Key Differences
Feature
CIMB Securities
Phillip Nova
Our Rating
3.4 / 5
3.4 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0.6 pips
Commission
$0.1/lot
None
Platforms
Proprietary Web, Proprietary Mobile, iTrade
Proprietary Web, Proprietary Mobile, POEMS
Markets
Stocks, Etf, Indices, Forex
Forex, Cfd, Indices, Commodities, Crypto
Founded
1978
2005
Headquarters
Kuala Lumpur, Malaysia
Singapore
Score
1 / 2
1 / 2
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Find my matchFees Comparison
Fee
CIMB Securities
Phillip Nova
Spread From
0 pips
0.6 pips
Commission
$0.1/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
CIMB Securities scores 3.42/5 while Phillip Nova scores 3.39/5 in our independent rating.
CIMB Securities edges ahead overall, but Phillip Nova 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?
CIMB Securities
3.4/5
Choose CIMB Securities if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
- More established (est. 1978)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- 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.
Both CIMB Securities & Phillip Nova are available in
Frequently Asked Questions
1Is CIMB Securities better than Phillip Nova?
CIMB Securities (3.4/5) and Phillip Nova (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, CIMB Securities or Phillip Nova?
CIMB Securities 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 CIMB Securities vs Phillip Nova?
CIMB Securities requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, CIMB Securities or Phillip Nova?
CIMB Securities is regulated by SC, MAS, while Phillip Nova holds licences from MAS.
5What trading platforms do CIMB Securities and Phillip Nova support?
CIMB Securities supports Proprietary Web, Proprietary Mobile, iTrade. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both CIMB Securities 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.
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CIMB Securities
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