Phillip Nova
OANDA
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Compare Phillip Nova and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Nova
OANDA
OANDA is the better choice overall, scoring 4.1/5 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 belowOverall Rating
OANDA
3.4 vs 4.1
Lowest Fees
Tied
0.6 vs 0.6 pips
Regulation
OANDA
1 vs 4 licences
Min. Deposit
Tied
$0 vs $0
Phillip Nova
OANDA
WinnerPhillip Nova
OANDA
Phillip Nova scores 3.39/5 while OANDA scores 4.09/5 in our independent rating.
OANDA 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.
OANDA scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs OANDA's 4.1/5. 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 OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. OANDA requires $0.
Phillip Nova is regulated by MAS, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.