Phillip Nova
GO Markets
VS
Higher Rated
Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and GO Markets depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while GO Markets operates from Melbourne, Australia. Phillip Nova has the longer track record, established in 2005, compared to GO Markets which was founded in 2006. 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
GO Markets
| Phillip Nova | GO Markets | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:20 | 1:500 ✓ |
| Regulation | MAS | ASIC, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | MT4, MT5 |
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, GO Markets offers lower spreads (0.1 pips).
See full side-by-side comparison belowPhillip Nova
WinnerGO Markets
Phillip Nova
GO Markets
Phillip Nova holds licences from MAS. GO Markets is regulated by ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Indices, Commodities, Crypto markets.
On spreads, GO Markets is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at Phillip Nova.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. GO Markets offers MT4, MT5.
Phillip Nova requires no minimum deposit, while GO Markets sets a minimum deposit of $200. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and GO Markets at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a clear advantage.
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
GO Markets
3.3/5
Choose GO Markets if you want…
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs GO Markets's 3.3/5. 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 GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. GO Markets requires $200.
Phillip Nova is regulated by MAS, while GO Markets holds licences from ASIC, CySEC.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. GO Markets supports MT4, MT5.
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.