FxPro vs Phillip Nova 2026: Which Broker is Better?
Choosing between FxPro and Phillip Nova depends on your trading style, preferred markets, and budget. FxPro is headquartered in London, UK, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to FxPro which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FxPro
Phillip Nova
| FxPro | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:20 |
| Regulation | FCA, CySEC, ASIC ✓ | MAS |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, POEMS |
FxPro is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FxPro offers lower spreads (0.6 pips).
See full side-by-side comparison belowFxPro vs Phillip Nova: Key Differences
FxPro
WinnerPhillip Nova
Fees Comparison
FxPro
Phillip Nova
Regulation & Trust
FxPro holds licences from FCA, ASIC, CySEC. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FxPro additionally covers Stocks. Phillip Nova adds Crypto.
Fees & Spreads
On spreads, FxPro is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
FxPro requires a minimum deposit of $100, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
Overall Ratings
BrokerRank scores FxPro at 4.09/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxPro leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FxPro
4.1/5
Choose FxPro if you want…
- Higher overall rating (4.1/5)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More platforms (4 supported)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- 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 FxPro & Phillip Nova are available in
Frequently Asked Questions
1Is FxPro better than Phillip Nova?
FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 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, FxPro or Phillip Nova?
FxPro offers spreads from 0.6 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FxPro vs Phillip Nova?
FxPro requires a minimum deposit of $100. Phillip Nova requires $0.
4Which broker is safer, FxPro or Phillip Nova?
FxPro is regulated by FCA, CySEC, ASIC, while Phillip Nova holds licences from MAS.
5What trading platforms do FxPro and Phillip Nova support?
FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both FxPro and Phillip Nova?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
FxPro
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