Phillip Nova
PrimeXBT
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Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and PrimeXBT depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while PrimeXBT operates from Seychelles. Phillip Nova has the longer track record, established in 2005, compared to PrimeXBT which was founded in 2018. 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
PrimeXBT
Phillip Nova (3.4/5) and PrimeXBT (3.4/5) are closely matched. PrimeXBT has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowOverall Rating
Tied
3.4 vs 3.4
Lowest Fees
PrimeXBT
0.6 vs 0.001 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
Phillip Nova
$0 vs $1
Phillip Nova
WinnerPrimeXBT
Phillip Nova
PrimeXBT
Phillip Nova holds licences from MAS. PrimeXBT is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities, Crypto markets.
On spreads, PrimeXBT is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. PrimeXBT offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Nova requires no minimum deposit, while PrimeXBT sets a minimum deposit of $1. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and PrimeXBT at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a marginal advantage.
Phillip Nova (3.4/5) and PrimeXBT (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Phillip Nova offers spreads from 0.6 pips, while PrimeXBT starts at 0.001 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. PrimeXBT requires $1.
Phillip Nova is regulated by MAS, while PrimeXBT holds licences from FSA.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. PrimeXBT supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.