Exness vs Phillip Nova 2026: Which Broker is Better?
Choosing between Exness and Phillip Nova depends on your trading style, preferred markets, and budget. Exness is headquartered in Limassol, Cyprus, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Exness which was founded in 2008. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Exness
Phillip Nova
| Exness | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $10 | $0 ✓ |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:2000 ✓ | 1:20 |
| Regulation | FCA, CySEC, FSCA ✓ | MAS |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Exness is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Exness offers lower spreads (0.1 pips).
See full side-by-side comparison belowExness vs Phillip Nova: Key Differences
Exness
WinnerPhillip Nova
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Fees Comparison
Exness
Phillip Nova
Regulation & Trust
Exness holds licences from FCA, CySEC, FSCA. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Crypto, Indices markets. Exness additionally covers Stocks. Phillip Nova adds Commodities.
Fees & Spreads
On spreads, Exness is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Exness supports MT4, MT5, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Mobile.
Minimum Deposit
Exness requires a minimum deposit of $10, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
Overall Ratings
BrokerRank scores Exness at 3.77/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Exness leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Exness
3.8/5
Choose Exness if you want…
- Higher overall rating (3.8/5)
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 2005)
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 Exness & Phillip Nova are available in
Frequently Asked Questions
1Is Exness better than Phillip Nova?
Exness scores higher overall on our independent rating system. Exness holds a 3.8/5 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, Exness or Phillip Nova?
Exness offers spreads from 0.1 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Exness vs Phillip Nova?
Exness requires a minimum deposit of $10. Phillip Nova requires $0.
4Which broker is safer, Exness or Phillip Nova?
Exness is regulated by FCA, CySEC, FSCA, while Phillip Nova holds licences from MAS.
5What trading platforms do Exness and Phillip Nova support?
Exness supports MT4, MT5, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Exness 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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