Phillip Nova review & overview
Platforms, account options and market coverage in one clear profile.
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 | Average spreadpips · published sample | 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.
— means unavailable. Variable pricing; this is not a live quote.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
- Website edition
- Singapore website; Phillip Nova Pte. Ltd.
- Market focus
- Multi-asset
- Platform options
- 3
- FactFX assessment
- 74.6 / 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
Explore the assessment model and the detail behind every component.
Five categories. One total.
Documented company records, risk-policy and practice resources, support materials and account-pricing information guide each category's relative emphasis. The five values are balanced to preserve the existing 74.6-point total, with a 20-point category cap and one-decimal rounding. These are editorial allocations of existing profile information, not independently measured service or safety results. Unconfirmed facts remain unconfirmed.
Regulation
15.2/ 20 contributionThis allocation reflects Phillip Nova's documented profile features listed below. Relative feature emphasis is balanced to preserve the existing 74.6-point total. It is an editorial allocation, not an independently measured regulation result; factual verification status is unchanged.
- Named company disclosure
- Phillip Nova Pte. Ltd.
- Published licence reference
- Monetary Authority of Singapore · MAS Financial Institutions Directory entry387; provider company registration198305695G is not a licence number
- Official-register reference
- An issuing-register link is recorded; current check status: verified. A link alone is not a successful verification.
- Recorded verification
- The existing profile records a verified match within its stated scope.
Risk management
14.4/ 20 contributionThis allocation reflects Phillip Nova's documented profile features listed below. Relative feature emphasis is balanced to preserve the existing 74.6-point total. It is an editorial allocation, not an independently measured risk management result; factual verification status is unchanged.
- Practice environment
- Practice account. This supports preparation, not proof of capital protection.
Customer support
15.5/ 20 contributionThis allocation reflects Phillip Nova's documented profile features listed below. Relative feature emphasis is balanced to preserve the existing 74.6-point total. It is an editorial allocation, not an independently measured customer support result; factual verification status is unchanged.
- Support and learning review
- Existing offering-resource review: 19/20. It covers published resources, not measured response quality.
- Help and learning references
- 3 linked references in the existing profile.
Trading costs
15.3/ 20 contributionThis allocation reflects Phillip Nova's documented profile features listed below. Relative feature emphasis is balanced to preserve the existing 74.6-point total. It is an editorial allocation, not an independently measured trading costs result; factual verification status is unchanged.
- Account-pricing structure
- Existing pricing/account-model review: 22/25. This is separate from measured trading cost.
- Published charging basis
- Singapore Forex and CFD Account / Phillip MT5: USD 0 separate FX commission · Phillip MT5
- Account choices
- Multi Asset Account (NOVA) / Forex and CFD Account (Phillip MT5) / Stocks Only Access Account / Individual / Joint / Corporate / Practice account. More choices do not automatically mean lower costs.
Reputation
14.2/ 20 contributionThis allocation reflects Phillip Nova's documented profile features listed below. Relative feature emphasis is balanced to preserve the existing 74.6-point total. It is an editorial allocation, not an independently measured reputation result; factual verification status is unchanged.
- Company-record traceability
- Phillip Nova Pte. Ltd.; existing register-check status: verified. This is not a clean-history certification.
Our combined assessment
Reference assessment + FactFX assessment
External reference assessment 50% + FactFX assessment 50%. The FactFX component is an administrator-assigned judgment with a written rationale. No firsthand trading or withdrawal test is claimed.
External reference assessment
50% weightA dated overall product-review reference, normalized from its original scale. This is a broader product opinion, not a trust or regulatory subscore, and does not establish account-specific authorization or measured trading performance.
FactFX assessment
50% weightPhillip Nova documents MT5 automation, NOVA market-depth and alert tools, and a separate TradingView workflow. Its individual/joint/corporate and multi-asset or FX/CFD choices cover varied needs, with age and knowledge-assessment restrictions. The FX schedule clearly separates an indicative0.6pip EUR/USD minimum, zero separate FX commission and overnight swaps; no observed average is inferred. Platform guides, current educational articles, scheduled seminars and24/5 MT5 support form a substantial resource offering. These are desk-based capability judgments, not live support or execution measurements.
FactFX assessment · 92 / 100
Phillip Nova documents MT5 automation, NOVA market-depth and alert tools, and a separate TradingView workflow. Its individual/joint/corporate and multi-asset or FX/CFD choices cover varied needs, with age and knowledge-assessment restrictions. The FX schedule clearly separates an indicative0.6pip EUR/USD minimum, zero separate FX commission and overnight swaps; no observed average is inferred. Platform guides, current educational articles, scheduled seminars and24/5 MT5 support form a substantial resource offering. These are desk-based capability judgments, not live support or execution measurements.
Editorial assessment with a written reason. Contribution to the final score: 46 / 100.
FactFX offering review 2.2 · Reference assessment dated 2026-10-24
Brand/group reference combined with a FactFX assessment; not account-specific authorization or a measured execution-quality score.
Profile references
FactFX summaries organize provider-published account, platform and product information. No live execution, withdrawal or customer-service test is claimed.
- Source / usage basis
- Original summaries of linked primary provider and regulator records. Unmodified brand assets are used for identification; official app icons identify Amana and DMM FX. Logo provenance is retained. No external review prose, customer reviews or trading-test results are reproduced.
- Assessment status
- 74.6 / 100
Phillip Nova: regulation & licensing
The documented authority, licence reference and scope of this record review.
- 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
Scope of this check
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.
An incomplete check is not a finding of no authorization. A score is not a safety certification.
Regulatory resourcesPhillip 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
Your cost checklist
Review these items in the current account schedule. This checklist is not a quotation or confirmation that every charge applies.
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
Explore the platforms and tools in the documented offering.
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 | Average spreadpips · published sample | 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.
— means unavailable. Variable pricing; this is not a live quote.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. A profile score is not a regulatory approval or safety certification.