Moomoo
Phillip Nova
VS
Higher Rated
Moomoo
Capital at risk · T&Cs apply
Choosing between Moomoo and Phillip Nova depends on your trading style, preferred markets, and budget. Moomoo is headquartered in Palo Alto, USA, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Moomoo which was founded in 2018. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Moomoo
Phillip Nova
| Moomoo | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:4 | 1:20 ✓ |
| Regulation | SEC, ASIC, MAS ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Moomoo is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Moomoo offers lower spreads (0 pips).
See full side-by-side comparison belowMoomoo
WinnerPhillip Nova
Moomoo
Lower feesPhillip Nova
Moomoo holds licences from SEC, ASIC, MAS. Phillip Nova is regulated by MAS.
Both brokers offer access to Indices markets. Moomoo additionally covers Stocks. Phillip Nova adds Forex, Cfd, Commodities, Crypto.
On spreads, Moomoo is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Moomoo supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Moomoo requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Moomoo accessible to traders with any budget.
BrokerRank scores Moomoo at 3.69/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Moomoo leads overall with a clear advantage.
Moomoo
3.7/5
Choose Moomoo if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Moomoo scores higher overall on our independent rating system. 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.
Moomoo offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Moomoo requires a minimum deposit of $0. Phillip Nova requires $0.
Moomoo is regulated by SEC, ASIC, MAS, while Phillip Nova holds licences from MAS.
Moomoo supports Proprietary Web, 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.