Phillip Nova vs RHB Securities 2026: Which Broker is Better?
Choosing between Phillip Nova and RHB Securities depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while RHB Securities operates from Kuala Lumpur, Malaysia. RHB Securities has the longer track record, established in 1994, 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
RHB Securities
| Phillip Nova | RHB Securities | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 ✓ | 1:2 |
| Regulation | MAS | SC Malaysia, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | RHB TradeSmart, RHB Mobile |
Phillip Nova (3.4/5) and RHB Securities (3.4/5) are closely matched. RHB Securities has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPhillip Nova vs RHB Securities: Key Differences
Phillip Nova
RHB Securities
Still deciding between Phillip Nova and RHB Securities?
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Fees Comparison
Phillip Nova
RHB Securities
Regulation & Trust
Phillip Nova holds licences from MAS. RHB Securities is regulated by MAS, SC Malaysia.
Markets & Assets
Phillip Nova additionally covers Forex, Cfd, Indices, Commodities, Crypto. RHB Securities adds Stocks, Etf, Bonds, Funds.
Fees & Spreads
On spreads, RHB 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. RHB Securities offers RHB TradeSmart, RHB Mobile.
Minimum Deposit
Phillip Nova requires no minimum deposit, while RHB 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 RHB 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…
- No per-trade commission
- Higher leverage (up to 1:20)
- More market types (5)
- More platforms (3 supported)
RHB Securities
3.4/5
Choose RHB Securities if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
- More established (est. 1994)
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 & RHB Securities are available in
Frequently Asked Questions
1Is Phillip Nova better than RHB Securities?
Phillip Nova (3.4/5) and RHB Securities (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.
2Which has lower fees, Phillip Nova or RHB Securities?
Phillip Nova offers spreads from 0.6 pips, while RHB Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs RHB Securities?
Phillip Nova requires a minimum deposit of $0. RHB Securities requires $0.
4Which broker is safer, Phillip Nova or RHB Securities?
Phillip Nova is regulated by MAS, while RHB Securities holds licences from SC Malaysia, MAS.
5What trading platforms do Phillip Nova and RHB Securities support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. RHB Securities supports RHB TradeSmart, RHB Mobile.
6Can I use both Phillip Nova and RHB Securities?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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