Futu (Moomoo) vs Phillip Nova 2026: Which Broker is Better?
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) vs Phillip Nova: Key Differences
Futu (Moomoo)
WinnerPhillip Nova
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Fees Comparison
Futu (Moomoo)
Lower feesPhillip Nova
Regulation & Trust
Futu (Moomoo) holds licences from SEC, MAS, SFC. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Crypto markets. Futu (Moomoo) additionally covers Stocks, Etf, Options, Futures. Phillip Nova adds Forex, Cfd, Indices, Commodities.
Fees & Spreads
On spreads, Futu (Moomoo) is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Futu (Moomoo) supports Moomoo, Futu NiuNiu. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS.
Minimum Deposit
Futu (Moomoo) requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- Higher overall rating (3.7/5)
- Tighter spreads (from 0 pips)
- More regulatory licences (3)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher leverage (up to 1:20)
- More established (est. 2005)
- 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.
Both Futu (Moomoo) & Phillip Nova are available in
Frequently Asked Questions
1Is Futu (Moomoo) better than Phillip Nova?
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.
2Which has lower fees, Futu (Moomoo) or Phillip Nova?
Futu (Moomoo) 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 Futu (Moomoo) vs Phillip Nova?
Futu (Moomoo) requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, Futu (Moomoo) or Phillip Nova?
Futu (Moomoo) is regulated by SFC, SEC, MAS, while Phillip Nova holds licences from MAS.
5What trading platforms do Futu (Moomoo) and Phillip Nova support?
Futu (Moomoo) supports Moomoo, Futu NiuNiu. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Futu (Moomoo) 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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