Vantage Markets
Phillip Nova
VS
Higher Rated
Vantage Markets
Capital at risk · T&Cs apply
Choosing between Vantage Markets and Phillip Nova depends on your trading style, preferred markets, and budget. Vantage Markets is headquartered in Sydney, Australia, while Phillip Nova operates from Singapore. Phillip Nova has the longer track record, established in 2005, compared to Vantage Markets which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Vantage Markets
Phillip Nova
| Vantage Markets | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:30 ✓ | 1:20 |
| Regulation | ASIC, FCA, CIMA ✓ | MAS |
| Platforms | MT4, MT5, ProTrader | Proprietary Web, Proprietary Mobile, POEMS |
Vantage Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Vantage Markets offers lower spreads (0 pips).
See full side-by-side comparison belowVantage Markets
WinnerPhillip Nova
Vantage Markets
Phillip Nova
Vantage Markets holds licences from ASIC, FCA, CIMA. Phillip Nova is regulated by MAS.
Both brokers offer access to Forex, Indices, Commodities markets. Vantage Markets additionally covers Stocks, Etf. Phillip Nova adds Cfd, Crypto.
On spreads, Vantage Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Phillip Nova.
Vantage Markets supports MT4, MT5, ProTrader, Vantage App. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS.
Vantage Markets requires a minimum deposit of $50, while Phillip Nova sets no minimum deposit. This makes Phillip Nova accessible to traders with any budget.
BrokerRank scores Vantage Markets at 3.85/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Vantage Markets leads overall with a clear advantage.
Vantage Markets
3.9/5
Choose Vantage Markets if you want…
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Vantage Markets scores higher overall on our independent rating system. Vantage Markets holds a 3.9/5 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.
Vantage Markets offers spreads from 0 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
Vantage Markets requires a minimum deposit of $50. Phillip Nova requires $0.
Vantage Markets is regulated by ASIC, FCA, CIMA, while Phillip Nova holds licences from MAS.
Vantage Markets supports MT4, MT5, ProTrader, Vantage 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.