Phillip Nova review & overview
Trading platforms, account options and markets.
Phillip Nova offers a dedicated Forex and CFD account on Phillip MT5 and a broader multi-asset NOVA account. NOVA provides market-depth tools, alerts and browser/mobile access, with a separate TradingView connection; the website documents exchange-traded products as well as leveraged forex and CFDs.
Spreads & commissions
| Account / edition | From spreadpips · advertised minimum | Commissionoriginal charging basis |
|---|---|---|
| Singapore Forex and CFD Account / Phillip MT5 | 0.6 | USD 0 separate FX commission · Phillip MT5 |
Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical. Spreads and overnight financing remain separate costs.
Variable account pricing · not live quotes.Phillip MetaTrader 5 · NOVA / Phillip Nova 2.0 · TradingView via NOVA account. TradingView FAQ explicitly says only NOVA accounts connect; Phillip MT5 accounts do not currently connect. Do not imply that every NOVA product is available through MT5.
Trading platforms
Market coverage
Account options
No separate Forex trading commission advertised for Phillip MT5; variable spread and overnight swap remain. Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical.
At a glance
- Licence reference
- Monetary Authority of Singapore · MAS Financial Institutions Directory entry387; provider company registration198305695G is not a licence number · Record matched
- Market focus
- Multi-asset
- Platform options
- 3
- FactFX assessment
- 73.4 / 100
Profile notes
- TradingView FAQ explicitly says only NOVA accounts connect; Phillip MT5 accounts do not currently connect. Do not imply that every NOVA product is available through MT5.
- Forex/CFD and full multi-asset accounts are listed for ages21+. Ages18–21 have stocks/ETFs-only access. Specified Investment Product knowledge/experience checks apply. Non-SingPass onboarding exists but does not establish availability in every jurisdiction. Individual/joint initial deposit minimum is none; corporate minimums are separate.
- Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical.
- Observed or provider-published current average EUR/USD spread
- Account-wide deposit-bonus percentage
- Eligibility for each foreign jurisdiction
- The reference component is a dated publisher index opinion. Its surrounding platform and founding-year assertions were not imported; the factual profile retains the independently matched MAS record and official account documentation.
Phillip Nova: assessment
Our assessment of this broker, across five categories.
Five categories. One total.
Regulation
15.7/ 20Regulatory supervision, licence scope and company identity.
Risk management
13.5/ 20Risk policies, margin rules and account protections.
Customer support
15.9/ 20Support channels, service hours and language coverage.
Trading costs
14.8/ 20Account spreads, commissions and other trading charges.
Reputation
13.5/ 20Operating history, company information and material public records.
Broker documents
- Assessment status
- 73.4 / 100
Phillip Nova: regulation & licensing
Company, regulator and licence details.
- Documented company
- Phillip Nova Pte. Ltd.
- Authority / edition
- Monetary Authority of Singapore
- Reference
- MAS Financial Institutions Directory entry387; provider company registration198305695G is not a licence number
- Record review
- Official record retrieved
Regulatory details
MAS directory identifies PHILLIP NOVA PTE. LTD. as a Capital Markets Services Licensee. Listed dealing permissions include OTC derivatives and spot FX for leveraged trading, among other products. Register connects the firm to phillipnova.com.sg and +65 65380500. Scope is the Singapore operator, not a universal eligibility or product-safety certification.
Phillip Nova: trading accounts
Account options, charging models and the terms that shape your trading costs.
No separate Forex trading commission advertised for Phillip MT5; variable spread and overnight swap remain. Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical.
Multi Asset Account (NOVA)
Forex and CFD Account (Phillip MT5)
Stocks Only Access Account
Individual / Joint
Corporate
Practice account
Trading charges
The account schedule defines these trading charges.
Account scope
Singapore website; Phillip Nova Pte. Ltd.. Forex/CFD and full multi-asset accounts are listed for ages21+. Ages18–21 have stocks/ETFs-only access. Specified Investment Product knowledge/experience checks apply. Non-SingPass onboarding exists but does not establish availability in every jurisdiction. Individual/joint initial deposit minimum is none; corporate minimums are separate.
Phillip Nova: platforms & tools
Trading platforms, devices and tools.
Phillip MetaTrader 5 · NOVA / Phillip Nova 2.0 · TradingView via NOVA account. TradingView FAQ explicitly says only NOVA accounts connect; Phillip MT5 accounts do not currently connect. Do not imply that every NOVA product is available through MT5.
Phillip MetaTrader 5
Listed platform optionNOVA / Phillip Nova 2.0
Listed platform optionTradingView via NOVA account
Listed platform optionMarkets in the documented offering
Availability depends on the account, product and regional edition.
Explore platform featuresPhillip Nova: published terms
Explore the available account-specific terms and their scope.
Spreads & commissions
| Account / edition | From spreadpips · advertised minimum | Commissionoriginal charging basis |
|---|---|---|
| Singapore Forex and CFD Account / Phillip MT5 | 0.6 | USD 0 separate FX commission · Phillip MT5 |
Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical. Spreads and overnight financing remain separate costs.
Variable account pricing · not live quotes.Phillip Nova: frequently asked questions
What does the Phillip Nova review cover?
Phillip Nova offers a dedicated Forex and CFD account on Phillip MT5 and a broader multi-asset NOVA account. NOVA provides market-depth tools, alerts and browser/mobile access, with a separate TradingView connection; the website documents exchange-traded products as well as leveraged forex and CFDs.
Which trading platforms does Phillip Nova list?
The documented offering lists Phillip MetaTrader 5, NOVA / Phillip Nova 2.0, TradingView via NOVA account. Platform availability depends on the selected account, product and regional edition.
How are Phillip Nova trading costs structured?
No separate Forex trading commission advertised for Phillip MT5; variable spread and overnight swap remain. Provider pairs table lists EUR/USD minimum0.6pips, USD/JPY0.6, AUD/USD0.6 and GBP/USD0.7. Minimums are indicative and change with market conditions. NOVA uses a separate product configuration and pricing should not be assumed identical. Singapore website; Phillip Nova Pte. Ltd.. Forex/CFD and full multi-asset accounts are listed for ages21+. Ages18–21 have stocks/ETFs-only access. Specified Investment Product knowledge/experience checks apply. Non-SingPass onboarding exists but does not establish availability in every jurisdiction. Individual/joint initial deposit minimum is none; corporate minimums are separate.
What regulatory information is available for Phillip Nova?
Documented company: Phillip Nova Pte. Ltd.. Authority / edition: Monetary Authority of Singapore. Reference: MAS Financial Institutions Directory entry387; provider company registration198305695G is not a licence number. MAS directory identifies PHILLIP NOVA PTE. LTD. as a Capital Markets Services Licensee. Listed dealing permissions include OTC derivatives and spot FX for leveraged trading, among other products. Register connects the firm to phillipnova.com.sg and +65 65380500. Scope is the Singapore operator, not a universal eligibility or product-safety certification.