RHB Securities vs Phillip Nova 2026: Which Broker is Better?
Compare RHB Securities and Phillip Nova side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
RHB Securities
Phillip Nova
| RHB Securities | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:2 | 1:20 ✓ |
| Regulation | SC Malaysia, MAS ✓ | MAS |
| Platforms | RHB TradeSmart, RHB Mobile | Proprietary Web, Proprietary Mobile, POEMS |
RHB Securities (3.4/5) and Phillip Nova (3.4/5) are closely matched. RHB Securities has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowRHB Securities vs Phillip Nova: Key Differences
RHB Securities
Phillip Nova
Still deciding between RHB Securities and Phillip Nova?
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Fees Comparison
RHB Securities
Phillip Nova
BrokerRank Verdict
RHB Securities scores 3.43/5 while Phillip Nova scores 3.39/5 in our independent rating.
RHB Securities 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?
RHB Securities
3.4/5
Choose RHB Securities if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
- More established (est. 1994)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- No per-trade commission
- Higher leverage (up to 1:20)
- More market types (5)
- More platforms (3 supported)
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 RHB Securities & Phillip Nova are available in
Frequently Asked Questions
1Is RHB Securities better than Phillip Nova?
RHB Securities (3.4/5) and Phillip Nova (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.
2Which has lower fees, RHB Securities or Phillip Nova?
RHB Securities offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for RHB Securities vs Phillip Nova?
RHB Securities requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, RHB Securities or Phillip Nova?
RHB Securities is regulated by SC Malaysia, MAS, while Phillip Nova holds licences from MAS.
5What trading platforms do RHB Securities and Phillip Nova support?
RHB Securities supports RHB TradeSmart, RHB Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both RHB Securities and Phillip Nova?
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.
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