Phillip Nova
BDSwiss
VS
Higher Rated
Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and BDSwiss depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while BDSwiss operates from Limassol, Cyprus. Phillip Nova has the longer track record, established in 2005, compared to BDSwiss 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.
Phillip Nova
BDSwiss
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Phillip Nova offers lower spreads (0.6 pips).
See full side-by-side comparison belowOverall Rating
Phillip Nova
3.4 vs 3.2
Lowest Fees
Phillip Nova
0.6 vs 1.5 pips
Regulation
BDSwiss
1 vs 2 licences
Min. Deposit
Phillip Nova
$0 vs $10
Phillip Nova
WinnerBDSwiss
Phillip Nova
Lower feesBDSwiss
Phillip Nova holds licences from MAS. BDSwiss is regulated by FSA, CySEC.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Nova additionally covers Crypto. BDSwiss adds Stocks.
On spreads, Phillip Nova is more competitive with EUR/USD spreads from 0.6 pips, compared to 1.5 pips at BDSwiss.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. BDSwiss offers MT4, MT5, Proprietary Web. Both brokers are available on Proprietary Web.
Phillip Nova requires no minimum deposit, while BDSwiss sets a minimum deposit of $10. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and BDSwiss at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a clear advantage.
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs BDSwiss's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Phillip Nova offers spreads from 0.6 pips, while BDSwiss starts at 1.5 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. BDSwiss requires $10.
Phillip Nova is regulated by MAS, while BDSwiss holds licences from FSA, CySEC.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. BDSwiss supports MT4, MT5, Proprietary Web.
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.