Stake
Phillip Nova
VS
Compare
Stake
Capital at risk · T&Cs apply
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
WinnerPhillip Nova
Stake
Lower feesPhillip Nova
Stake holds licences from ASIC, FCA. Phillip Nova is regulated by MAS.
Stake additionally covers Stocks. Phillip Nova adds Forex, Cfd, Indices, Commodities, Crypto.
On spreads, Stake is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Stake supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Stake requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Stake accessible to traders with any budget.
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.
Stake
3.4/5
Choose Stake if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
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.
Stake offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Stake requires a minimum deposit of $0. Phillip Nova requires $0.
Stake is regulated by ASIC, FCA, while Phillip Nova holds licences from MAS.
Stake 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
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.