Phillip Nova
RoboForex
VS
Higher Rated
Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and RoboForex depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while RoboForex operates from Belize City, Belize. Phillip Nova has the longer track record, established in 2005, compared to RoboForex which was founded in 2009. 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
RoboForex
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, RoboForex offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Phillip Nova
3.4 vs 3.3
Lowest Fees
RoboForex
0.6 vs 0 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
Phillip Nova
$0 vs $10
Phillip Nova
WinnerRoboForex
Phillip Nova
RoboForex
Phillip Nova holds licences from MAS. RoboForex is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Nova additionally covers Crypto. RoboForex adds Stocks.
On spreads, RoboForex 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. RoboForex offers MT4, MT5, Proprietary Web. Both brokers are available on Proprietary Web.
Phillip Nova requires no minimum deposit, while RoboForex sets a minimum deposit of $10. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and RoboForex at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Phillip Nova leads overall with a clear advantage.
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs RoboForex's 3.3/5. 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 RoboForex starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. RoboForex requires $10.
Phillip Nova is regulated by MAS, while RoboForex holds licences from FSA.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. RoboForex supports MT4, MT5, Proprietary Web.
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.