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Side-by-Side Comparison Independent Updated Oct 30, 2026

OCBC Securities vs Phillip Nova 2026: Which Broker is Better?

Compare OCBC Securities and Phillip Nova side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

OCBC Securities

Phillip Nova

Higher ratedPhillip Nova logo

Phillip Nova

3.4/ 5
Visit Phillip Nova →Full review
VS
OCBC SecuritiesPhillip Nova
BrokerRank Score3.3/53.4/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:51:20 ✓
RegulationMASMAS
PlatformsProprietary Web, Proprietary Mobile, iOCBCProprietary Web, Proprietary Mobile, POEMS
Quick VerdictBrokerRank recommends
Best for Beginners
OCBC SecuritiesPhillip Nova
Best for Low Fees
OCBC SecuritiesPhillip Nova
Best for Regulation
OCBC SecuritiesPhillip Nova
Best Overall
Phillip NovaOCBC Securities
Quick Answer

Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, OCBC Securities offers lower spreads (0 pips).

See full side-by-side comparison below

OCBC Securities vs Phillip Nova: Key Differences

Feature

OCBC Securities

Phillip Nova

Winner
Our Rating
3.3 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$0.18/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, iOCBC
Proprietary Web, Proprietary Mobile, POEMS
Markets
Stocks, Etf, Indices, Forex
Forex, Cfd, Indices, Commodities, Crypto
Founded
1986
2005
Headquarters
Singapore
Singapore
Score
1 / 3
2 / 3

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Fees Comparison

Fee

OCBC Securities

Phillip Nova

Spread From
0 pips
0.6 pips
Commission
$0.18/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

OCBC Securities scores 3.31/5 while Phillip Nova scores 3.39/5 in our independent rating.

Phillip Nova edges ahead overall, but OCBC Securities may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

OCBC Securities

OCBC Securities

3.3/5

Choose OCBC Securities if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1986)
Phillip Nova

Phillip Nova

3.4/5

Top pick

Choose Phillip Nova if you want…

  • Higher overall rating (3.4/5)
  • No per-trade commission
  • Higher leverage (up to 1:20)
  • More market types (5)

Also consider

View all rankings

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.

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FCA
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4.1
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#5AvaTrade logo
AvaTrade
4.0
MAS
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both OCBC Securities & Phillip Nova are available in

Frequently Asked Questions

1

Is OCBC Securities better than Phillip Nova?

Phillip Nova scores higher overall on our independent rating system. OCBC Securities holds a 3.3/5 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.

2

Which has lower fees, OCBC Securities or Phillip Nova?

OCBC Securities offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for OCBC Securities vs Phillip Nova?

OCBC Securities requires a minimum deposit of $0. Phillip Nova requires $0.

4

Which broker is safer, OCBC Securities or Phillip Nova?

OCBC Securities is regulated by MAS, while Phillip Nova holds licences from MAS.

5

What trading platforms do OCBC Securities and Phillip Nova support?

OCBC Securities supports Proprietary Web, Proprietary Mobile, iOCBC. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.

6

Can I use both OCBC Securities 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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