Phillip Nova vs OCBC Securities 2026: Which Broker is Better?
Choosing between Phillip Nova and OCBC Securities depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore. OCBC Securities has the longer track record, established in 1986, 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
OCBC Securities
| Phillip Nova | OCBC Securities | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 ✓ | 1:5 |
| Regulation | MAS | MAS |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | Proprietary Web, Proprietary Mobile, iOCBC |
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, OCBC Securities offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs OCBC Securities: Key Differences
Phillip Nova
WinnerOCBC Securities
Still deciding between Phillip Nova and OCBC Securities?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Phillip Nova
OCBC Securities
Regulation & Trust
Phillip Nova holds licences from MAS. OCBC Securities is regulated by MAS.
Markets & Assets
Both brokers offer access to Forex, Indices markets. Phillip Nova additionally covers Cfd, Commodities, Crypto. OCBC Securities adds Stocks, Etf.
Fees & Spreads
On spreads, OCBC Securities 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. OCBC Securities offers Proprietary Web, Proprietary Mobile, iOCBC. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Phillip Nova requires no minimum deposit, while OCBC Securities 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 OCBC Securities at 3.31/5, 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 per-trade commission
- Higher leverage (up to 1:20)
- More market types (5)
OCBC Securities
3.3/5
Choose OCBC Securities if you want…
- Tighter spreads (from 0 pips)
- More established (est. 1986)
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 & OCBC Securities are available in
Frequently Asked Questions
1Is Phillip Nova better than OCBC Securities?
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs OCBC Securities'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 OCBC Securities?
Phillip Nova offers spreads from 0.6 pips, while OCBC Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs OCBC Securities?
Phillip Nova requires a minimum deposit of $0. OCBC Securities requires $0.
4Which broker is safer, Phillip Nova or OCBC Securities?
Phillip Nova is regulated by MAS, while OCBC Securities holds licences from MAS.
5What trading platforms do Phillip Nova and OCBC Securities support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. OCBC Securities supports Proprietary Web, Proprietary Mobile, iOCBC.
6Can I use both Phillip Nova and OCBC Securities?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply
