Phillip Nova
Singapore's established multi-asset futures and commodities broker
Platform Overview
Phillip Nova is a Singapore-based multi-asset brokerage established in 1983 as part of the PhillipCapital Group. It specialises in futures, commodities, and forex trading across global exchanges with MAS regulation. The firm provides institutional-grade execution, research, and risk management for professional and retail traders.
Company Information
- Registered Company Name
- Phillip Nova Pte Ltd
- Brand Name
- Phillip Nova
- Headquarters
- Singapore
- Year Established
- 1983
- Parent Company
- PhillipCapital Group
- Publicly Listed
- No
Transparency Signals
Strong transparency across key operational dimensions
No significant concerns identified
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Legal Entities
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
MAS
- License Number
- CMS100827
- Jurisdiction
- Singapore
- License Type
- CMS Licence
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | 0.8 pips |
| GBP/USD | 1.2 pips |
| USD/JPY | 0.9 pips |
| XAU/USD | 0.35 pips |
- Commission
- Commission-based per contract
- Inactivity Fee
- None
- Deposit Fees
- Free
- Withdrawal Fees
- Free
- Withdrawal Processing Time
- 1-3 business days
Technology Stack
Technology Stack
Platform Infrastructure
Technical
- Server Locations
- Singapore
- Average Execution Speed
- < 25ms
Safety & Protection
Operational Details
- Supported Languages
- English, Chinese
- Support Channels
- EmailPhone
- Payment Methods
- Bank Transfer
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Tier 1 | Tier 1 |
| Transparency Signals | 9.5/10 | 9.5/10 |
| Minimum Deposit | SGD 1,000 | $250 |
| Maximum Leverage | Up to 1:50 | Up to 1:200 |
| Spread Type | Variable | Variable |
| Execution Model | DMA | Market Maker |
| Year Established | 1983 | 1974 |
| Trading Products | 5 | 10 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.