Fidelity vs Phillip Nova 2026: Which Broker is Better?
Choosing between Fidelity and Phillip Nova depends on your trading style, preferred markets, and budget. Fidelity is headquartered in Boston, USA, while Phillip Nova operates from Singapore. Fidelity has the longer track record, established in 1946, 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.
Fidelity
Phillip Nova
| Fidelity | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:2 | 1:20 ✓ |
| Regulation | SEC, CFTC ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Fidelity is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity vs Phillip Nova: Key Differences
Fidelity
WinnerPhillip Nova
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Fees Comparison
Fidelity
Lower feesPhillip Nova
Regulation & Trust
Fidelity holds licences from SEC, CFTC. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Indices, Commodities markets. Fidelity additionally covers Stocks. Phillip Nova adds Forex, Cfd, Crypto.
Fees & Spreads
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Fidelity supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Fidelity requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Fidelity accessible to traders with any budget.
Overall Ratings
BrokerRank scores Fidelity at 3.58/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fidelity leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Fidelity
3.6/5
Choose Fidelity if you want…
- Higher overall rating (3.6/5)
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
- More established (est. 1946)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher leverage (up to 1:20)
- More market types (5)
- More platforms (3 supported)
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.
Frequently Asked Questions
1Is Fidelity better than Phillip Nova?
Fidelity scores higher overall on our independent rating system. Fidelity 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.
2Which has lower fees, Fidelity or Phillip Nova?
Fidelity 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 Fidelity vs Phillip Nova?
Fidelity requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, Fidelity or Phillip Nova?
Fidelity is regulated by SEC, CFTC, while Phillip Nova holds licences from MAS.
5What trading platforms do Fidelity and Phillip Nova support?
Fidelity supports Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Fidelity 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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