Global Broker Regulation Inquiry App
WikiFX
helpneeded 
1-2 years
Is Phillip Nova safe and legit?
Broker Issues
Regulation
2025-06-15
United States
WikiFX
Reply
From my experience, Phillip Nova is safe and legitimate. It holds a MAS Retail Forex License, which means client funds are segregated, and anti-money laundering standards are enforced. That said, no trading is risk-free, so I always keep risk management in mind.
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