FBS
Phillip Nova
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
Choosing between FBS and Phillip Nova depends on your trading style, preferred markets, and budget. FBS is headquartered in Limassol, Cyprus, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to FBS which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FBS
Phillip Nova
| FBS | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:3000 ✓ | 1:20 |
| Regulation | CySEC, ASIC, FSCA ✓ | MAS |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
FBS is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS
WinnerPhillip Nova
FBS
Lower feesPhillip Nova
FBS holds licences from ASIC, CySEC, FSCA. Phillip Nova is regulated by MAS.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FBS additionally covers Stocks. Phillip Nova adds Crypto.
On spreads, FBS is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
FBS supports MT4, MT5, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Mobile.
FBS requires a minimum deposit of $1, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores FBS at 3.88/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FBS leads overall with a clear advantage.
FBS
3.9/5
Choose FBS if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 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.
FBS offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
FBS requires a minimum deposit of $1. Phillip Nova requires $0.
FBS is regulated by CySEC, ASIC, FSCA, while Phillip Nova holds licences from MAS.
FBS supports MT4, MT5, Proprietary Mobile. 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.