Phillip Nova vs Tickmill 2026: Which Broker is Better?
Choosing between Phillip Nova and Tickmill depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while Tickmill operates from London, UK. Phillip Nova has the longer track record, established in 2005, compared to Tickmill which was founded in 2014. 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
Tickmill
| Phillip Nova | Tickmill | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 | 1:500 ✓ |
| Regulation | MAS | FCA, CySEC, FSCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | MT4, MT5 |
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Tickmill offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs Tickmill: Key Differences
Phillip Nova
WinnerTickmill
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Fees Comparison
Phillip Nova
Tickmill
Regulation & Trust
Phillip Nova holds licences from MAS. Tickmill is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Nova additionally covers Crypto.
Fees & Spreads
On spreads, Tickmill 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. Tickmill offers MT4, MT5.
Minimum Deposit
Phillip Nova requires no minimum deposit, while Tickmill sets a minimum deposit of $100. This makes Phillip Nova accessible to traders with any budget.
Overall Ratings
BrokerRank scores Phillip Nova at 3.39/5 and Tickmill at 3.33/5, 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…
- Higher overall rating (3.4/5)
- No per-trade commission
- No minimum deposit
- More market types (5)
Tickmill
3.3/5
Choose Tickmill if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
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 & Tickmill are available in
Frequently Asked Questions
1Is Phillip Nova better than Tickmill?
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Tickmill's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Phillip Nova or Tickmill?
Phillip Nova offers spreads from 0.6 pips, while Tickmill starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs Tickmill?
Phillip Nova requires a minimum deposit of $0. Tickmill requires $100.
4Which broker is safer, Phillip Nova or Tickmill?
Phillip Nova is regulated by MAS, while Tickmill holds licences from FCA, CySEC, FSCA.
5What trading platforms do Phillip Nova and Tickmill support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Tickmill supports MT4, MT5.
6Can I use both Phillip Nova and Tickmill?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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