Phillip Nova vs Windsor Brokers 2026: Which Broker is Better?
Choosing between Phillip Nova and Windsor Brokers depends on your trading style, preferred markets, and budget. Phillip Nova is headquartered in Singapore, while Windsor Brokers operates from Limassol, Cyprus. Windsor Brokers has the longer track record, established in 1988, 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
Windsor Brokers
| Phillip Nova | Windsor Brokers | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.2/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:20 | 1:500 ✓ |
| Regulation | MAS | CySEC, FSA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, POEMS | MT4, MT5 |
Phillip Nova is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Windsor Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowPhillip Nova vs Windsor Brokers: Key Differences
Phillip Nova
WinnerWindsor Brokers
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Fees Comparison
Phillip Nova
Windsor Brokers
Regulation & Trust
Phillip Nova holds licences from MAS. Windsor Brokers is regulated by CySEC, FSA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Phillip Nova additionally covers Crypto. Windsor Brokers adds Stocks.
Fees & Spreads
On spreads, Windsor Brokers 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. Windsor Brokers offers MT4, MT5.
Minimum Deposit
Phillip Nova requires no minimum deposit, while Windsor Brokers 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 Windsor Brokers at 3.21/5, 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 platforms (3 supported)
Windsor Brokers
3.2/5
Choose Windsor Brokers if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
- More established (est. 1988)
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 & Windsor Brokers are available in
Frequently Asked Questions
1Is Phillip Nova better than Windsor Brokers?
Phillip Nova scores higher overall on our independent rating system. Phillip Nova holds a 3.4/5 rating vs Windsor Brokers's 3.2/5. 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 Windsor Brokers?
Phillip Nova offers spreads from 0.6 pips, while Windsor Brokers starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Phillip Nova vs Windsor Brokers?
Phillip Nova requires a minimum deposit of $0. Windsor Brokers requires $100.
4Which broker is safer, Phillip Nova or Windsor Brokers?
Phillip Nova is regulated by MAS, while Windsor Brokers holds licences from CySEC, FSA.
5What trading platforms do Phillip Nova and Windsor Brokers support?
Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS. Windsor Brokers supports MT4, MT5.
6Can I use both Phillip Nova and Windsor Brokers?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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