Higher Rated
Pepperstone
Capital at risk · T&Cs apply
Compare Phillip Nova and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Nova
Pepperstone
Pepperstone is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Pepperstone offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Pepperstone
3.4 vs 4.1
Lowest Fees
Pepperstone
0.6 vs 0 pips
Regulation
Pepperstone
1 vs 3 licences
Min. Deposit
Phillip Nova
$0 vs $200
Phillip Nova
Pepperstone
WinnerPhillip Nova
Pepperstone
Phillip Nova scores 3.39/5 while Pepperstone scores 4.12/5 in our independent rating.
Pepperstone 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.
Pepperstone scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Pepperstone'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 Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. Pepperstone requires $200.
Phillip Nova is regulated by MAS, while Pepperstone holds licences from ASIC, FCA, CySEC.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Pepperstone supports MT4, MT5, TradingView, 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
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.