Side-by-Side Comparison Independent Updated Jun 5, 2026
Phillip Nova vs Vantage Markets 2026: Which Broker is Better?
Compare Phillip Nova and Vantage Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phillip Nova
Vantage Markets
VS
| Phillip Nova | Vantage Markets | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $50 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 | 1:30 ✓ |
| Regulation | MAS | ASIC, FCA, CIMA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | MT4, MT5, ProTrader |
Quick VerdictBrokerRank recommends
Best for Beginners
Phillip NovaVantage Markets
Best for Low Fees
Vantage MarketsPhillip Nova
Best for Regulation
Vantage MarketsPhillip Nova
Best Overall
Vantage MarketsPhillip Nova
Quick Answer
Vantage Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Vantage Markets offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs Vantage Markets: Key Differences
Feature
Phillip Nova
Vantage Markets
WinnerOur Rating
3.4 / 5
3.9 / 5
Min. Deposit
$0
$50
Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Platforms
Proprietary Web, Proprietary Mobile, POEMS
MT4, MT5, ProTrader, Vantage App
Markets
Forex, Cfd, Indices, Commodities, Crypto
Forex, Stocks, Indices, Commodities, Etf, Crypto
Founded
2005
2009
Headquarters
Singapore
Sydney, Australia
Score
2 / 5
3 / 5
Fees Comparison
Fee
Phillip Nova
Vantage Markets
Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Phillip Nova scores 3.39/5 while Vantage Markets scores 3.85/5 in our independent rating.
Vantage Markets edges ahead overall, but Phillip Nova may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 2005)
Vantage Markets
3.9/5
Choose Vantage Markets if you want…
- Higher overall rating (3.9/5)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:30)
- 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 & Vantage Markets are available in
Frequently Asked Questions
1Is Phillip Nova better than Vantage Markets?
Vantage Markets scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Vantage Markets's 3.9/5. 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 Vantage Markets?
Phillip Nova offers spreads from 0.6 pips, while Vantage Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs Vantage Markets?
Phillip Nova requires a minimum deposit of $0. Vantage Markets requires $50.
4Which broker is safer, Phillip Nova or Vantage Markets?
Phillip Nova is regulated by MAS, while Vantage Markets holds licences from ASIC, FCA, CIMA.
5What trading platforms do Phillip Nova and Vantage Markets support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Vantage Markets supports MT4, MT5, ProTrader, Vantage App.
6Can I use both Phillip Nova and Vantage Markets?
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.
Higher Rated
Vantage Markets
Capital at risk · T&Cs apply