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Costs, platforms and protection first

Phillip Nova

Singapore · Phillip Nova Pte Ltd

Costs
Online CFDs: no trading commission; overnight holding costs apply.
Platforms
Phillip MetaTrader 5 and Phillip Nova 2.0.
Client protection
Title-transferred collateral is excluded from segregation/trust rules under the agreement.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Call-in rates differ. The 0.6-pip FX example is illustrative, not a minimum.

CFD commission / holding costs ↗ · 2026-09-29
PlatformsCFD commission — platform rows ↗ · 2026-09-29
Client protection

Not asserted for every account; check the contractual classification.

Customer agreement — 6.8 ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

Phillip Nova

  • Catalog records
Brand overview and official site
Check your entityCompare with other brokers
Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

File section · 04

Trading conditions

Advertised figures are published by the broker. Observed figures are FXVeritas measurements and are not currently monitored.

Platforms
Phillip MetaTrader 5 / NOVA
Minimum deposit
No first-time deposit required for individual or joint accounts
Maximum leverage
See account-specific conditions below
Account types
Multi Asset Account / Forex and CFD Account
Commission
No commission on forex and precious metals / No commission on forex and precious metals
Advertised minimum spread
Major FX spreads from 0.6 pips
Swap-free option
Not available
Copy trading
Available

Not in file — Base currencies

By account type

Multi Asset Account

No commission on forex and precious metals

Forex and CFD Account

Instrument-specific leverage ratio or initial-margin requirement. · No commission on forex and precious metals · Major FX spreads from 0.6 pips

Funding and non-trading fees on file

  • Currency conversion0.05% to 0.12% for popular markets, embedded in the exchange rate.Phillip Nova products traded or settled in a currency different from the account base currency.Official source
  • Deposit feePayNow, FAST, Bill Payment and eNETS · No fee.Phillip Nova Singapore; listed deposit methods.Official source
  • Payment processingTelegraphic transfer deposit · USD 10 processing-bank fee.Phillip Nova telegraphic-transfer deposits.Official source
  • Withdrawal feeWithdrawal form · USD 20 or SGD 30 excluding GST; portal requests avoid this form fee.Phillip Nova Singapore; withdrawal-form submissions.Official source

Known evidence gaps

These items remain unresolved after checking the cited official sources. Unknown does not mean unavailable.

  • Inactivity feeIrreducible unknown for Phillip Nova Pte Ltd: the public fee schedule gives no fixed inactivity charge; legal terms reserve discretionary maintenance or service charges and MT5 access may be suspended for no trading activity, but neither establishes a stable inactivity-fee amount or trigger.Checked source 1Checked source 2Checked source 3

Official evidence

Advertised figures are not observed spreads. Observed data is not currently monitored. Last checked: Aug 22, 2026, 00:00 UTC

Spread intelligenceSwap intelligence

Not monitored — No observed data. Not currently monitored.

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    Phillip Nova · Phillip Nova Pte Ltd · costs source check

    Primary source ↗Open research file →

  2. · Source check

    Phillip Nova · Phillip Nova Pte Ltd · protection source check

    Primary source ↗Open research file →
View full research history →