EasyMarkets
Phillip Nova
VS
Higher Rated
EasyMarkets
Capital at risk · T&Cs apply
Choosing between EasyMarkets and Phillip Nova depends on your trading style, preferred markets, and budget. EasyMarkets is headquartered in Limassol, Cyprus, while Phillip Nova operates from Singapore. EasyMarkets has the longer track record, established in 2001, compared to Phillip Nova which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
EasyMarkets
Phillip Nova
| EasyMarkets | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:20 |
| Regulation | CySEC, ASIC ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, POEMS |
EasyMarkets is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Phillip Nova offers lower spreads (0.6 pips).
See full side-by-side comparison belowEasyMarkets
Phillip Nova
EasyMarkets
Phillip Nova
Lower feesEasyMarkets holds licences from ASIC, CySEC. Phillip Nova is regulated by MAS.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. EasyMarkets additionally covers Stocks. Phillip Nova adds Crypto.
On spreads, Phillip Nova is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.7 pips at EasyMarkets.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
EasyMarkets requires a minimum deposit of $25, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores EasyMarkets at 3.61/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. EasyMarkets leads overall with a clear advantage.
EasyMarkets
3.6/5
Choose EasyMarkets if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
EasyMarkets scores higher overall on our independent rating system. EasyMarkets holds a 3.6/5 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.
EasyMarkets offers spreads from 0.7 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
EasyMarkets requires a minimum deposit of $25. Phillip Nova requires $0.
EasyMarkets is regulated by CySEC, ASIC, while Phillip Nova holds licences from MAS.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
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.