Robinhood
Phillip Nova
VS
Higher Rated
Robinhood
Capital at risk · T&Cs apply
Choosing between Robinhood and Phillip Nova depends on your trading style, preferred markets, and budget. Robinhood is headquartered in Menlo Park, USA, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Robinhood which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Robinhood
Phillip Nova
| Robinhood | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:20 ✓ |
| Regulation | SEC, CFTC ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Robinhood is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Robinhood offers lower spreads (0 pips).
See full side-by-side comparison belowRobinhood
WinnerPhillip Nova
Robinhood
Lower feesPhillip Nova
Robinhood holds licences from SEC, CFTC. Phillip Nova is regulated by MAS.
Both brokers offer access to Crypto, Cfd markets. Robinhood additionally covers Stocks. Phillip Nova adds Forex, Indices, Commodities.
On spreads, Robinhood is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Robinhood supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Robinhood requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Robinhood accessible to traders with any budget.
BrokerRank scores Robinhood at 3.60/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Robinhood leads overall with a clear advantage.
Robinhood
3.6/5
Choose Robinhood if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Robinhood scores higher overall on our independent rating system. Robinhood holds a 3.6/5 rating vs Phillip Nova's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Robinhood offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Robinhood requires a minimum deposit of $0. Phillip Nova requires $0.
Robinhood is regulated by SEC, CFTC, while Phillip Nova holds licences from MAS.
Robinhood supports Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
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.