Phillip Nova vs Forex.com 2026: Which Broker is Better?
Compare Phillip Nova and Forex.com side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Nova
Forex.com
| Phillip Nova | Forex.com | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.4/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips ✓ | 0.8 pips |
| Max Leverage | 1:20 | 1:200 ✓ |
| Regulation | MAS | FCA, CFTC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | MT4, MT5, Proprietary Web |
Forex.com is the better choice overall, scoring 4.4/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Phillip Nova offers lower spreads (0.6 pips).
See full side-by-side comparison belowPhillip Nova vs Forex.com: Key Differences
Phillip Nova
Forex.com
Still deciding between Phillip Nova and Forex.com?
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Fees Comparison
Phillip Nova
Lower feesForex.com
BrokerRank Verdict
Phillip Nova scores 3.39/5 while Forex.com scores 4.40/5 in our independent rating.
Forex.com edges ahead overall, but Phillip Nova 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?
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Tighter spreads (from 0.6 pips)
- No minimum deposit
Forex.com
4.4/5
Choose Forex.com if you want…
- Higher overall rating (4.4/5)
- Higher leverage (up to 1:200)
- More regulatory licences (4)
- More market types (6)
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 & Forex.com are available in
Frequently Asked Questions
1Is Phillip Nova better than Forex.com?
Forex.com scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Forex.com's 4.4/5. 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 Forex.com?
Phillip Nova offers spreads from 0.6 pips, while Forex.com starts at 0.8 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs Forex.com?
Phillip Nova requires a minimum deposit of $0. Forex.com requires $100.
4Which broker is safer, Phillip Nova or Forex.com?
Phillip Nova is regulated by MAS, while Forex.com holds licences from FCA, CFTC, ASIC, MAS.
5What trading platforms do Phillip Nova and Forex.com support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile.
6Can I use both Phillip Nova and Forex.com?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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