Phillip Nova vs Chipper Cash 2026: Which Broker is Better?
Choosing between Phillip Nova and Chipper Cash depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while Chipper Cash operates from San Francisco, USA. Phillip Nova has the longer track record, established in 2005, compared to Chipper Cash 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.
Phillip Nova
Chipper Cash
| Phillip Nova | Chipper Cash | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 ✓ | 1:1 |
| Regulation | MAS | FCA, BoG ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | Proprietary Mobile |
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Chipper Cash offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs Chipper Cash: Key Differences
Phillip Nova
WinnerChipper Cash
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Fees Comparison
Phillip Nova
Chipper Cash
Lower feesRegulation & Trust
Phillip Nova holds licences from MAS. Chipper Cash is regulated by FCA, BoG.
Markets & Assets
Both brokers offer access to Crypto markets. Phillip Nova additionally covers Forex, Cfd, Indices, Commodities. Chipper Cash adds Stocks, Etf.
Fees & Spreads
On spreads, Chipper Cash is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Chipper Cash offers Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
Phillip Nova requires no minimum deposit, while Chipper Cash sets a minimum deposit of $1. This makes Phillip Nova accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Nova at 3.39/5 and Chipper Cash 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.
BrokerRank Verdict
Who Should Choose Which?
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher overall rating (3.4/5)
- No minimum deposit
- Higher leverage (up to 1:20)
- More market types (5)
Chipper Cash
3.3/5
Choose Chipper Cash if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
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 Phillip Nova & Chipper Cash are available in
Frequently Asked Questions
1Is Phillip Nova better than Chipper Cash?
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Chipper Cash's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Phillip Nova or Chipper Cash?
Phillip Nova offers spreads from 0.6 pips, while Chipper Cash starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs Chipper Cash?
Phillip Nova requires a minimum deposit of $0. Chipper Cash requires $1.
4Which broker is safer, Phillip Nova or Chipper Cash?
Phillip Nova is regulated by MAS, while Chipper Cash holds licences from FCA, BoG.
5What trading platforms do Phillip Nova and Chipper Cash support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Chipper Cash supports Proprietary Mobile.
6Can I use both Phillip Nova and Chipper Cash?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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