Exceptional points (EPs) of non-Hermitian (NH) systems have recently attracted increasing attention due to their rich phenomenology and intriguing applications. Compared to the predominantly studied second-order EPs, higher-order EPs have been assumed to play a much less prominent role because they generically require the tuning of more parameters. Here, we experimentally simulate two-dimensional topological NH band structures using single-photon interferometry, and observe topologically stable third-order EPs obtained by tuning only two real parameters in the presence of symmetry. In particular, we explore how different symmetries stabilize qualitatively different third-order EPs: the parity-time symmetry leads to a generic cube-root dispersion, while a generalized chiral symmetry implies a square-root dispersion coexisting with a flat band. Additionally, we simulate fourfold degeneracies, composed of the non-defective twofold degeneracies and second-order EPs. Our work reveals the abundant and conceptually richer higher-order EPs protected by symmetries and offers a versatile platform for further research on topological NH systems.