Tiger Brokers
Phillip Nova
VS
Higher Rated
Tiger Brokers
Capital at risk · T&Cs apply
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
WinnerPhillip Nova
Tiger Brokers
Phillip Nova
Tiger Brokers holds licences from MAS, ASIC. Phillip Nova is regulated by MAS.
Both brokers offer access to Indices, Cfd markets. Tiger Brokers additionally covers Stocks. Phillip Nova adds Forex, Commodities, Crypto.
On spreads, Tiger Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Tiger Brokers requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes Tiger Brokers accessible to traders with any budget.
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.
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
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.
Tiger Brokers offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Tiger Brokers requires a minimum deposit of $0. Phillip Nova requires $0.
Tiger Brokers is regulated by MAS, ASIC, while Phillip Nova holds licences from MAS.
Tiger Brokers 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.