XTB vs Phillip Nova 2026: Which Broker is Better?
Choosing between XTB and Phillip Nova depends on your trading style, preferred markets, and budget. XTB is headquartered in Warsaw, Poland, while Phillip Nova operates from Singapore. XTB has the longer track record, established in 2002, compared to Phillip Nova which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XTB
Phillip Nova
| XTB | Phillip Nova | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:20 |
| Regulation | FCA, CySEC ✓ | MAS |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, POEMS |
XTB is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, XTB offers lower spreads (0.1 pips).
See full side-by-side comparison belowXTB vs Phillip Nova: Key Differences
XTB
WinnerPhillip Nova
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Fees Comparison
XTB
Lower feesPhillip Nova
Regulation & Trust
XTB holds licences from FCA, CySEC. Phillip Nova is regulated by MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. XTB additionally covers Stocks. Phillip Nova adds Crypto.
Fees & Spreads
On spreads, XTB is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at Phillip Nova.
Trading Platforms
XTB supports Proprietary Web, Proprietary Mobile, MT4. Phillip Nova offers Proprietary Web, Proprietary Mobile, POEMS. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
XTB requires no minimum deposit, while Phillip Nova sets no minimum deposit. This makes XTB accessible to traders with any budget.
Overall Ratings
BrokerRank scores XTB at 3.81/5 and Phillip Nova at 3.39/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XTB leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
XTB
3.8/5
Choose XTB if you want…
- Higher overall rating (3.8/5)
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
Phillip Nova
3.4/5
Choose Phillip Nova if you want…
Similar strengths to XTB — compare below.
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 XTB & Phillip Nova are available in
Frequently Asked Questions
1Is XTB better than Phillip Nova?
XTB scores higher overall on our independent rating system. XTB holds a 3.8/5 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, XTB or Phillip Nova?
XTB offers spreads from 0.1 pips, while Phillip Nova starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XTB vs Phillip Nova?
XTB requires a minimum deposit of $0. Phillip Nova requires $0.
4Which broker is safer, XTB or Phillip Nova?
XTB is regulated by FCA, CySEC, while Phillip Nova holds licences from MAS.
5What trading platforms do XTB and Phillip Nova support?
XTB supports Proprietary Web, Proprietary Mobile, MT4. Phillip Nova supports Proprietary Web, Proprietary Mobile, POEMS.
6Can I use both XTB and Phillip Nova?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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