Phillip Nova vs LHV 2026: Which Broker is Better?
Choosing between Phillip Nova and LHV depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while LHV operates from Tallinn, Estonia. LHV has the longer track record, established in 1999, compared to Phillip Nova which was founded in 2005. 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
LHV
| Phillip Nova | LHV | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.5/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 ✓ | 1:5 |
| Regulation | MAS | Finantsinspektsioon, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | Proprietary Web, Proprietary Mobile, LHV Broker |
LHV is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, LHV offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs LHV: Key Differences
Phillip Nova
LHV
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Fees Comparison
Phillip Nova
LHV
Lower feesRegulation & Trust
Phillip Nova holds licences from MAS. LHV is regulated by FCA, Finantsinspektsioon.
Markets & Assets
Both brokers offer access to Indices, Crypto markets. Phillip Nova additionally covers Forex, Cfd, Commodities. LHV adds Stocks, Etf.
Fees & Spreads
On spreads, LHV 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. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Nova requires no minimum deposit, while LHV sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Nova at 3.39/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher leverage (up to 1:20)
- More market types (5)
LHV
3.5/5
Choose LHV if you want…
- Higher overall rating (3.5/5)
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
- More established (est. 1999)
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 & LHV are available in
Frequently Asked Questions
1Is Phillip Nova better than LHV?
LHV scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs LHV's 3.5/5. 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 LHV?
Phillip Nova offers spreads from 0.6 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs LHV?
Phillip Nova requires a minimum deposit of $0. LHV requires $0.
4Which broker is safer, Phillip Nova or LHV?
Phillip Nova is regulated by MAS, while LHV holds licences from Finantsinspektsioon, FCA.
5What trading platforms do Phillip Nova and LHV support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
6Can I use both Phillip Nova and LHV?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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