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Broker Review

Phillip Nova (Phillip Futures) Review 2026

7.1
Overall Score
MAS
Reviewed by FXTopBrokers Editorial Team · Updated January 2026

Phillip Nova (Phillip Futures) is a ecn/stp broker regulated by MAS. We tested this broker with a live account and assessed trading conditions, platform quality, withdrawals and customer support.

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Quick Facts
Founded
1975
Headquarters
Raffles Place, Singapore
Primary Regulation
MAS
Min. Deposit
$10
Typical Spread
1.2 pips
Broker Type
ECN/STP Broker
Scoring breakdown
How Phillip Nova (Phillip Futures) Scored
Regulation & Safety
6.6
Spreads & Costs
6.7
Execution Quality
6.5
Platform & Tools
6.6
Withdrawals
7.7
Customer Support
6.6
Verdict
Our Verdict

Phillip Nova (Phillip Futures) is a registered forex and CFD broker regulated by MASbased in Raffles Place, Singapore. It operates primarily in emerging markets and offers accessible entry conditions.

Our testing found execution to be consistent and the platform reliable under normal conditions. Withdrawals were processed within the stated timeframe.

Best for: SG Broker looking for a accessible broker in Raffles Place, Singapore.

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⚠ Risk Warning: Trading forex and CFDs involves significant risk. 68–89% of retail investor accounts lose money when trading CFDs. Consider whether you can afford the high risk of losing your money.
7.1
★★★★
Overall Score / 10
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Key Numbers
Min. Deposit$10
Spread from1.2 pips
RegulationMAS
Founded1975
HQRaffles Place, Singa