Broker check

Is Phillip Nova safe?

Phillip Nova is a broker listed with MAS. Our verdict is Trusted, 7.7 out of 10. Below: what each regulator means for client protection and how to verify.

Trusted

7.7 / 10

Regulators: MAS
FCA: Not listed
Basis: Awaiting re-check
Updated: 18 Jun 2026

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What the verdict means

Phillip Nova is rated "Trusted". Verdicts come from a fixed, rule-based model applied identically to every entity.

Strongly Trusted
A strong regulatory basis or track record on the evidence we hold.
TrustedThis record
A reasonable regulatory basis or track record on the evidence we hold.
Proceed With Caution
Mixed or thin evidence, often an offshore licence. Check the register yourself.
Avoid
Serious concerns, such as no regulatory basis or a confirmed closure.

Basis: awaiting a live register re-check. See the methodology for sources.

Who regulates Phillip Nova

Listed regulators from our records. Compact rows with register links:

Monetary Authority of Singapore

(MAS)

Singapore

Major onshore regulatorMAS Financial Institutions Directory

How to verify this yourself

Take a few minutes to check official registers directly:

01
Open the MAS Financial Institutions Directory at eservices.mas.gov.sg.
02
Search for the firm's name.
03
Check that the licensed legal entity matches Phillip Nova's account terms and that status is current.
04
Check permissions cover the instruments you plan to trade.

Open the MAS Financial Institutions Directory

Alternatives to Phillip Nova

Comparable brokers with an equal or higher score:

City Index

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CMC Markets

CIRO, FCA, FMA

Strongly Trusted

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Saxo

AMF, ASIC, CONSOB

Strongly Trusted

9.0 / 10

FOREX.com

ASIC, CIMA, CIRO

Trusted

7.7 / 10

The record

Public verification fields held for this entity:

Verdict: Trusted
Score: 7.7 / 10
Regulators listed: MAS (Singapore)
FCA register: Not listed on the FCA register in our record
FCA warning: None recorded
Record basis: Awaiting a live register re-check
Record updated: 18 Jun 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Phillip Nova: questions answered

Is Phillip Nova regulated?

Our record lists Phillip Nova as regulated by MAS (Singapore). Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.

Is Phillip Nova FCA regulated?

Our record does not show Phillip Nova on the FCA register. Check register.fca.org.uk directly if you need to be sure.