Futu (Moomoo)
Phillip Nova
VS
Higher Rated
Futu (Moomoo)
Capital at risk · T&Cs apply
Choosing between Futu (Moomoo) and Phillip Nova depends on your trading style, preferred markets, and budget. Futu (Moomoo) is headquartered in Hong Kong, China, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Futu (Moomoo) which was founded in 2012. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Futu (Moomoo)
Phillip Nova
| Futu (Moomoo) | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:20 ✓ |
| Regulation | SFC, SEC, MAS ✓ | MAS |
| Platforms | Moomoo, Futu NiuNiu | Proprietary Web, Proprietary Mobile, POEMS |
Futu (Moomoo) is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Futu (Moomoo) offers lower spreads (0 pips).
See full side-by-side comparison belowFutu (Moomoo)
WinnerPhillip Nova
Futu (Moomoo)
Lower feesPhillip Nova
Futu (Moomoo) holds licences from SEC, MAS, SFC. Phillip Nova is regulated by MAS.
Both brokers offer access to Crypto markets. Futu (Moomoo) additionally covers Stocks, Etf, Options, Futures. Phillip Nova adds Forex, Cfd, Indices, Commodities.
On spreads, Futu (Moomoo) is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Futu (Moomoo) supports Moomoo, Futu NiuNiu. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS.
Futu (Moomoo) requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
BrokerRank scores Futu (Moomoo) at 3.72/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Futu (Moomoo) leads overall with a clear advantage.
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Futu (Moomoo) scores higher overall on our independent rating system. Futu (Moomoo) holds a 3.7/5 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.
Futu (Moomoo) offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Futu (Moomoo) requires a minimum deposit of $0. Phillip Nova requires $0.
Futu (Moomoo) is regulated by SFC, SEC, MAS, while Phillip Nova holds licences from MAS.
Futu (Moomoo) supports Moomoo, Futu NiuNiu. 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.