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/10

Phillip Nova

Singapore | Above 20 years |
Regulated in Singapore | Retail Forex License | MT5 Full License | Regional Brokers

https://www.phillipnova.com.sg/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

PhillipNova-Demo

Singapore
MT5
8

Influence

C

Influence index NO.1

Singapore 3.88

MT4/5 Identification

MT4/5 Identification

Full License

8
Server Name
PhillipNova-Demo MT5
Server Location Singapore

Influence

Influence

C

Influence index NO.1

Singapore 3.88
Surpassed 62.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+65 6538 0500
nova@phillip.com.sg
https://www.phillipnova.com.sg/
250 North Bridge Road #07-01, Raffles City Tower Singapore 179101

Licenses

Licensed Entity:PHILLIP NOVA PTE. LTD

License No. Unreleased

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Basic Information

Registered Region
Singapore
Operating Period
Above 20 years
Company Name
Phillip Nova Pte Ltd
Abbreviation
Phillip Nova
Company employee
--
Customer Service Email Address
nova@phillip.com.sg
Contact Number
+6565380500
Company address
250 North Bridge Road #07-01, Raffles City Tower Singapore 179101

XGOLD

Unverified

Philippines

While Phillip Nova offers a solid trading experience, users should be mindful of potential drawbacks, including limited fee transparency and the need to contact different support desks. Despite these, it remains a reliable and user-friendly platform.

Neutral

2023-12-04

Austina

Unverified

Colombia

Phillip Nova has truly enriched my trading journey with its diverse range of market instruments and trading accounts. The platform's flexibility, offering various trading platforms like CQG, Trading Technologies, MetaTrader 5, and their own proprietary platform, caters to traders of all styles. The educational resources, from webinars to market trend reports, have been instrumental in boosting my trading knowledge. A reliable choice for those seeking a dynamic and comprehensive trading experience.

Neutral

2023-12-01

健康咨询与服务-格格

Unverified

Singapore

Phillip Nova is a trustworthy company especially for me because for 5 years I’m doing trading with this broker and they support me... Thanks for their excellent service.

Positive

2023-02-20

登高山赏远景

Unverified

Malaysia

From their webiste, I read that the minimum account opening amount is $30,000 for investors in Singapore/Malaysia, while $50,000 for investors in other regions. Crazy amount!

Neutral

2022-11-22

Mason_st

Unverified

United Kingdom

Haven’t tried this broker yet, it does offer a series of trading instruments to trade, with minimum deposit, fee structure undisclosed, it makes trading environment on this platform quite non-transparent…

Neutral

2022-11-22

5
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Comment
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Full License MT5
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velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Website

phillipfutures.com.sg
45.60.199.180
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Phillip Nova Review Summary
Founded2021
Registered Country/RegionSingapore
RegulationMAS
Market InstrumentsCFDs, commodities, forex, gold & silver, indices, cryptocurrencies, stocks, ETFs
Demo Account
Leverage/
Spread/
Trading PlatformMetaTrader 5, TradingView, Phillip Nova
Minimum Deposit0
Customer SupportPhone: +65 6538 0500
Email: nova@phillip.com.sg

Phillip Nova Information

Phillip Nova is a regulated broker based in Singapore, authorized by the Monetary Authority of Singapore (MAS). It offers seven types of trading instruments, including CFDs, commodities, forex, gold & silver, indices, cryptocurrencies, stocks, and ETFs. The platform supports Phillip MT5, TradingView, and its proprietary platform.

Phillip Nova Information

Pros and Cons

ProsCons
Regulated by MASUnclear fee structure
Various trading instruments
Demo accounts available
Multiple account types
MT5 provided
No minimum deposit

Is Phillip Nova Legit?

Phillip Nova is regulatedby the Monetary Authority of Singapore (MAS) with a Retail Forex License.

Regulatory AuthorityMonetary Authority of Singapore (MAS)
Regulatory Status Regulated
Regulated by Singapore
Licensed Institution PHILLIP NOVA PTE. LTD
Licensed TypeRetail Forex License
Licensed NumberUnreleased

license

What Can I Trade on Phillip Nova?

Phillip Nova offers seven types of trading instruments: CFDs, commodities, forex, gold & silver, indices, cryptocurrencies, stocks, and ETFs.

Tradable InstrumentsSupported
CFDs
Commodities
Forex
Gold & silver
Indices
Cryptocurrencies
Stocks
ETFs
Bonds
Options
assets

Account Type

Phillip Nova offers three main account types.

Multi Asset Account (Phillip Nova 2.0) – Provides access to a broad range of asset classes including CFDs, Daily Leverage Certificates (DLCs), ETFs, Forex and Precious Metals, Futures & Options, Stocks, and Structured Warrants.

Forex and CFD Account (Phillip MT5) – Focused on CFD trading, this account also allows trading in Forex, Precious Metals, and selected stocks through the MetaTrader 5 platform.

Stocks Only Access Account (Phillip Nova) – Designed for investors interested solely in ETFs and Stocks, offering simplified access to equity markets.

Account Type

Trading Platform

Phillip Nova offers three trading platforms: Phillip MetaTrader 5, TradingView, and the proprietary Phillip Nova platform.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5Desktop, MobileExperienced traders
TradingViewWeb, Mobile/
Phillip NovaWeb, Desktop/
MT4/Beginners
Trading Platform

Deposit and Withdrawal

Phillip Nova does not require a minimum first-time deposit for individual or joint accounts. However, corporate accounts must meet a minimum deposit of SGD 30,000 if incorporated in Singapore or Malaysia, and USD 50,000 if incorporated elsewhere.

Deposit and Withdrawal

Keywords

  • Above 20 years
  • Regulated in Singapore
  • Retail Forex License
  • MT5 Full License
  • Regional Brokers

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