Phillip Nova
UOB Kay Hian
VS
Higher Rated
Phillip Nova
Capital at risk · T&Cs apply
Choosing between Phillip Nova and UOB Kay Hian depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore. UOB Kay Hian has the longer track record, established in 1973, 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
UOB Kay Hian
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Phillip Nova
3.4 vs 3.3
Lowest Fees
UOB Kay Hian
0.6 vs 0 pips
Regulation
UOB Kay Hian
1 vs 2 licences
Min. Deposit
Tied
$0 vs $0
Phillip Nova
WinnerUOB Kay Hian
Phillip Nova
UOB Kay Hian
Phillip Nova holds licences from MAS. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Forex, Indices markets. Phillip Nova additionally covers Cfd, Commodities, Crypto. UOB Kay Hian adds Stocks, Etf.
On spreads, UOB Kay Hian 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. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Web, Proprietary Mobile.
Phillip Nova requires no minimum deposit, while UOB Kay Hian sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Phillip Nova at 3.39/5 and UOB Kay Hian 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.
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs UOB Kay Hian'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 UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
Phillip Nova requires a minimum deposit of $0. UOB Kay Hian requires $0.
Phillip Nova is regulated by MAS, while UOB Kay Hian holds licences from MAS, SFC.
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
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.