Phillip Nova
Spreadex
VS
Compare
Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and Spreadex depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while Spreadex operates from St Albans, UK. Spreadex has the longer track record, established in 1999, 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
Spreadex
| Phillip Nova | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:20 | 1:200 ✓ |
| Regulation | MAS | FCA |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | Proprietary Web, Proprietary Mobile |
Phillip Nova (3.4/5) and Spreadex (3.4/5) are closely matched. Phillip Nova has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPhillip Nova
Spreadex
Phillip Nova
Spreadex
Phillip Nova holds licences from MAS. Spreadex is regulated by FCA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Nova additionally covers Crypto. Spreadex adds Stocks.
On spreads, Phillip Nova is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.6 pips at Spreadex.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Spreadex offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Nova requires no minimum deposit, while Spreadex sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and Spreadex at 3.35/5, 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
Choose Phillip Nova if you want…
Spreadex
3.4/5
Choose Spreadex if you want…
Phillip Nova (3.4/5) and Spreadex (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 Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. Spreadex requires $0.
Phillip Nova is regulated by MAS, while Spreadex holds licences from FCA.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Spreadex 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.