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Side-by-Side Comparison Independent Updated Oct 28, 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

CIMB SecuritiesPhillip Nova
BrokerRank Score3.4/5 ✓3.4/5
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:51:20 ✓
RegulationSC, MAS ✓MAS
PlatformsProprietary Web, Proprietary Mobile, iTradeProprietary 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 below

CIMB Securities vs Phillip Nova: Key Differences

Feature

CIMB Securities

Phillip Nova

Our Rating
3.4 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$0.1/lot
None
Regulated By
SCMAS
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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Fees 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

CIMB Securities

3.4/5

Top pick

Choose CIMB Securities if you want…

  • Tighter spreads (from 0 pips)
  • More regulatory licences (2)
  • More established (est. 1978)
Phillip Nova

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

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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.

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80% of retail CFD accounts lose money.

Both CIMB Securities & Phillip Nova are available in

Frequently Asked Questions

1

Is 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.

2

Which 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.

3

What is the minimum deposit for CIMB Securities vs Phillip Nova?

CIMB Securities requires a minimum deposit of $0. Phillip Nova requires $0.

4

Which broker is safer, CIMB Securities or Phillip Nova?

CIMB Securities is regulated by SC, MAS, while Phillip Nova holds licences from MAS.

5

What 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.

6

Can 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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