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Side-by-Side Comparison Independent Updated Oct 2, 2026

Phillip Nova vs PU Prime 2026: Which Broker is Better?

Choosing between Phillip Nova and PU Prime depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while PU Prime operates from Mahé, Seychelles. Phillip Nova has the longer track record, established in 2005, compared to PU Prime which was founded in 2015. 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

PU Prime

Higher ratedPhillip Nova logo

Phillip Nova

3.4/ 5
Visit Phillip Nova →Full review
VS
Phillip NovaPU Prime
BrokerRank Score3.4/5 ✓3.2/5
Min. Deposit$0 ✓$20
Spread from0.6 pips0 pips ✓
Max Leverage1:201:500 ✓
RegulationMASFSCA, FSA ✓
PlatformsProprietary Web, Proprietary Mobile, POEMSMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip NovaPU Prime
Best for Low Fees
PU PrimePhillip Nova
Best for Regulation
PU PrimePhillip Nova
Best Overall
Phillip NovaPU Prime
Quick Answer

Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, PU Prime offers lower spreads (0 pips).

See full side-by-side comparison below

Phillip Nova vs PU Prime: Key Differences

Feature

Phillip Nova

Winner

PU Prime

Our Rating
3.4 / 5
3.2 / 5
Min. Deposit
$0
$20
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Regulated By
FSCAFSA
Platforms
Proprietary Web, Proprietary Mobile, POEMS
MT4, MT5
Markets
Forex, Cfd, Indices, Commodities, Crypto
Forex, Cfd, Indices, Commodities, Crypto
Founded
2005
2015
Headquarters
Singapore
Mahé, Seychelles
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Phillip Nova

PU Prime

Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

Phillip Nova holds licences from MAS. PU Prime is regulated by FSCA, FSA.

Markets & Assets

Both brokers offer access to Forex, Cfd, Indices, Commodities, Crypto markets.

Fees & Spreads

On spreads, PU Prime 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. PU Prime offers MT4, MT5.

Minimum Deposit

Phillip Nova requires no minimum deposit, while PU Prime sets a minimum deposit of $20. This makes Phillip Nova accessible to traders with any budget.

Overall Ratings

BrokerRank scores Phillip Nova at 3.39/5 and PU Prime at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a clear advantage.

BrokerRank Verdict

Phillip Nova is our recommended pick in this comparison, scoring 3.39/5 versus PU Prime's 3.19/5. Phillip Nova holds more tier-1 licences (MAS), offering stronger regulatory protection. PU Prime has a fees advantage with 0.0 pip spreads. Phillip Nova is more accessible for new traders with its lower minimum deposit requirement. PU Prime is still a solid option for traders who prioritise regulatory breadth across multiple jurisdictions, but Phillip Nova offers a stronger overall package for the majority of traders.

Who Should Choose Which?

Phillip Nova

Phillip Nova

3.4/5

Top pick

Choose Phillip Nova if you want…

  • Higher overall rating (3.4/5)
  • No per-trade commission
  • No minimum deposit
  • More established (est. 2005)
PU Prime

PU Prime

3.2/5

Choose PU Prime if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)

Also consider

View all rankings

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.

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4.0
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both Phillip Nova & PU Prime are available in

Frequently Asked Questions

1

Is Phillip Nova better than PU Prime?

Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs PU Prime's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Phillip Nova or PU Prime?

Phillip Nova offers spreads from 0.6 pips, while PU Prime starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Phillip Nova vs PU Prime?

Phillip Nova requires a minimum deposit of $0. PU Prime requires $20.

4

Which broker is safer, Phillip Nova or PU Prime?

Phillip Nova is regulated by MAS, while PU Prime holds licences from FSCA, FSA.

5

What trading platforms do Phillip Nova and PU Prime support?

Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. PU Prime supports MT4, MT5.

6

Can I use both Phillip Nova and PU Prime?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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