Side-by-Side Comparison Independent Updated Sep 14, 2026
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
VS
| 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 |
Quick VerdictBrokerRank recommends
Best for Beginners
RHB SecuritiesPhillip Nova
Best for Low Fees
RHB SecuritiesPhillip Nova
Best for Regulation
RHB SecuritiesPhillip Nova
Quick Answer
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
Feature
RHB Securities
Phillip Nova
Our Rating
3.4 / 5
3.4 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0.6 pips
Commission
$0.1/lot
None
Platforms
RHB TradeSmart, RHB Mobile
Proprietary Web, Proprietary Mobile, POEMS
Markets
Stocks, Etf, Bonds, Funds
Forex, Cfd, Indices, Commodities, Crypto
Founded
1994
2005
Headquarters
Kuala Lumpur, Malaysia
Singapore
Score
1 / 2
1 / 2
Still deciding between RHB Securities and Phillip Nova?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Matching for:Travelling or on a VPN? Change it.
Find my matchFees Comparison
Fee
RHB Securities
Phillip Nova
Spread From
0 pips
0.6 pips
Commission
$0.1/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
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.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Compare
RHB Securities
Capital at risk · T&Cs apply