Stake vs Phillip Nova 2026: Which Broker is Better?
Choosing between Stake and Phillip Nova depends on your trading style, preferred markets, and budget. Stake is headquartered in Sydney, Australia, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Stake which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Stake
Phillip Nova
| Stake | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:20 ✓ |
| Regulation | ASIC, FCA ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Stake (3.4/5) and Phillip Nova (3.4/5) are closely matched. Stake has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowStake vs Phillip Nova: Key Differences
Stake
WinnerPhillip Nova
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Fees Comparison
Stake
Lower feesPhillip Nova
Regulation & Trust
Stake holds licences from ASIC, FCA. Phillip Nova is regulated by MAS.
Markets & Assets
Stake additionally covers Stocks. Phillip Nova adds Forex, Cfd, Indices, Commodities, Crypto.
Fees & Spreads
On spreads, Stake is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Stake supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Stake requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Stake accessible to traders with any budget.
Overall Ratings
BrokerRank scores Stake at 3.44/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Stake leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
Stake
3.4/5
Choose Stake if you want…
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
- Higher leverage (up to 1:20)
- More market types (5)
- More established (est. 2005)
- 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 Stake & Phillip Nova are available in
Frequently Asked Questions
1Is Stake better than Phillip Nova?
Stake (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, Stake or Phillip Nova?
Stake 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 Stake vs Phillip Nova?
Stake requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, Stake or Phillip Nova?
Stake is regulated by ASIC, FCA, while Phillip Nova holds licences from MAS.
5What trading platforms do Stake and Phillip Nova support?
Stake supports Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Stake 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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