Skilling
Phillip Nova
VS
Higher Rated
Skilling
Capital at risk · T&Cs apply
Choosing between Skilling and Phillip Nova depends on your trading style, preferred markets, and budget. Skilling is headquartered in Limassol, Cyprus, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Skilling which was founded in 2016. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Skilling
Phillip Nova
| Skilling | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:30 ✓ | 1:20 |
| Regulation | CySEC, FSA ✓ | MAS |
| Platforms | Skilling Trader, cTrader, MT4 | Proprietary Web, Proprietary Mobile, POEMS |
Skilling is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Phillip Nova offers lower spreads (0.6 pips).
See full side-by-side comparison belowSkilling
Phillip Nova
WinnerSkilling
Phillip Nova
Lower feesSkilling holds licences from CySEC, FSA. Phillip Nova is regulated by MAS.
Both brokers offer access to Forex, Indices, Commodities markets. Skilling additionally covers Stocks, Etf. Phillip Nova adds Cfd, Crypto.
On spreads, Phillip Nova is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.7 pips at Skilling.
Skilling supports Skilling Trader, cTrader, MT4, Skilling App. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS.
Skilling requires a minimum deposit of $100, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Skilling at 3.45/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Skilling leads overall with a clear advantage.
Skilling
3.5/5
Choose Skilling if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Skilling scores higher overall on our independent rating system. Skilling holds a 3.5/5 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.
Skilling offers spreads from 0.7 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Skilling requires a minimum deposit of $100. Phillip Nova requires $0.
Skilling is regulated by CySEC, FSA, while Phillip Nova holds licences from MAS.
Skilling supports Skilling Trader, cTrader, MT4, Skilling App. 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.