Tiger Brokers vs Phillip Nova 2026: Which Broker is Better?
Choosing between Tiger Brokers and Phillip Nova depends on your trading style, preferred markets, and budget. Tiger Brokers is headquartered in Singapore. Phillip Nova has the longer track record, established in 2005, compared to Tiger Brokers which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Tiger Brokers
Phillip Nova
| Tiger Brokers | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:4 | 1:20 ✓ |
| Regulation | MAS, ASIC ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, POEMS |
Tiger Brokers is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Tiger Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowTiger Brokers vs Phillip Nova: Key Differences
Tiger Brokers
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Fees Comparison
Tiger Brokers
Phillip Nova
Regulation & Trust
Tiger Brokers holds licences from MAS, ASIC. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Indices, Cfd markets. Tiger Brokers additionally covers Stocks. Phillip Nova adds Forex, Commodities, Crypto.
Fees & Spreads
On spreads, Tiger Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Tiger Brokers requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Tiger Brokers accessible to traders with any budget.
Overall Ratings
BrokerRank scores Tiger Brokers at 3.58/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Tiger Brokers leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
- Higher overall rating (3.6/5)
- Tighter spreads (from 0 pips)
- More regulatory licences (2)
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 established (est. 2005)
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 Tiger Brokers & Phillip Nova are available in
Frequently Asked Questions
1Is Tiger Brokers better than Phillip Nova?
Tiger Brokers scores higher overall on our independent rating system. Tiger Brokers 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.
2Which has lower fees, Tiger Brokers or Phillip Nova?
Tiger Brokers 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 Tiger Brokers vs Phillip Nova?
Tiger Brokers requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, Tiger Brokers or Phillip Nova?
Tiger Brokers is regulated by MAS, ASIC, while Phillip Nova holds licences from MAS.
5What trading platforms do Tiger Brokers and Phillip Nova support?
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both Tiger Brokers 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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