We found 11 online brokers that are appropriate for Trading Singapore Bitcoin Investment Platforms.
With a global reputation for financial trading, the city-state Singapore has a different view on trading cryptocurrencies than other developed countries. Even though the country has not legalised cryptocurrency as viable tender, it is considered as liable to be taxed. In fact, cryptocurrency exchanges do not need to complete governmental registration for providing services to Singaporeans.
Digital currency exchange regulation is not as strict in Singapore as it is in other developed countries. The Monetary Authority of Singapore (MAS) approaches its issues in a more relaxed way than its neighbouring trading partners. Even though establishing an office through which to create an investment business is a different discussion, the relaxed approach to crypto exchange regulation that Singapore holds is somewhat progressive for its region.
Even though MAS does not forcibly regulate crypto exchange platforms, authorities continuously monitor their developments and financial issues that they raise. MAS has warned Singaporeans about the speculative nature of cryptocurrencies through official press releases. Although citizens are financially well-educated, MAS still emphasises the volatile character of cryptocurrencies and the risks this can bring.
The core concern of MAS with trading cryptocurrencies is primarily about its anonymity and potential misuse of Bitcoin. These include funding terrorism, money laundering, scamming, or financial fraud. MAS has adopted an educational approach to facilitate encouraging investment instead of regulations to implement on exchange platform. However, increasing interest in cryptocurrencies will require further legislative action in the future.
Today's crypto exchanges have already been subject to the Payment Services Act (PSA) in Singapore. This means that they have to comply with AML/CFT regulations and need to obtain a license from MAS itself. The Singaporean government is likely to implement stricter regulations in the future as they aim to protect domestic investors when investing in Bitcoin and other cryptocurrencies.
It is advised that Singaporean investors must use MAS-licensed exchanges only to trade cryptocurrency. Check out further factors you should consider when buying Bitcoin in Singapore below.
When using trading or exchange platforms, you should consider what you want to be able to do on it. These sites come with different utilities to support user experience. Consider whether you need a simple interface or you prefer to actively trade Bitcoin. Dedicated trading platforms are a better option if you trade Bitcoin, but exchange platforms are preferred is holding your coins. Some investors may only require a basic interface while others need to access research tools or trading machine integration.
Exchange platforms offer different degrees of accessibility to cryptocurrencies other than Bitcoin. Most exchanges support Bitcoin but they may not provide access to less popular digital currencies. If you want to develop a crypto portfolio through asset diversification, then you may need an exchange that provides access to diverse cryptocurrencies on its platform.
You may encounter a series of applicable fees when trading Bitcoin on an exchange platform, potentially either for buying or selling. Acceptable fees range from 0.1% to 1% of total Bitcoin transactions. These may include conversion fees, payment fees, and additional fees. It should be noted that the provider might also charge withdrawal fees. On the other hand, some exchanges may charge even higher fees in return for advanced user services.
MAS-licensed Bitcoin exchanges are obliged to provide safe payment methods - using non-licensed platforms should be avoided. Even though credit cards are widely accepted on these platforms, bank transfer (ACH) is generally more secure. However, a Bitcoin exchange may not offer the payment method you prefer. You should contact their customer support first in order to ensure you have access to your preferred payment option.
Consider how much Bitcoin you want to buy at a particular time; each exchange platform has different buying limits in SGD. While most exchange platforms fix buying limits, others make it subject to your payment method. A minimum deposit can be as low as $1, while the maximum can be up to $100,000, depending on the platform you use.
Although all transactions can be enacted online, some Singaporean investors may find personal services with a physical human presence more convenient. Some exchange companies have established offices in Singapore upon obtaining their license from MAS. Reputable companies will not hesitate to set up an office in Singapore as they see it as beneficial exposure for their business operation.
Despite these basic functions, Bitcoin trading exchange platforms may also come with a diverse range of features that you can use to improve your digital investment. These include lending, viewing, researching, API access, and many more. Generally speaking, you will need further supporting features if you decide to trade purchased Bitcoin. Take your time to research the features of an exchange platform in order to help choose one that covers your trading needs.
We have conducted extensive research and analysis on over multiple data points on Bitcoin Singapore to present you with a comprehensive guide that can help you find the most suitable Bitcoin Singapore. Below we shortlist what we think are the best Singapore Bitcoin Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bitcoin Singapore.
Selecting a reliable and reputable online Singapore Bitcoin Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Singapore Bitcoin Investment Platforms more confidently.
Selecting the right online Singapore Bitcoin Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Singapore Bitcoin Investment Platforms trading, it's essential to compare the different options available to you. Our Singapore Bitcoin Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Singapore Bitcoin Investment Platforms broker that best suits your needs and preferences for Singapore Bitcoin Investment Platforms. Our Singapore Bitcoin Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Singapore Bitcoin Investment Platforms.
Compare Singapore Bitcoin Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Singapore Bitcoin Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Singapore Bitcoin Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Singapore Bitcoin Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Singapore Bitcoin Investment Platforms that accept Singapore Bitcoin Investment Platforms clients.
Broker | IC Markets | eToro | XTB | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | FXPro | Plus500 | Admiral | webull |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) |
Min Deposit | 200 | 100 | No minimum deposit | 200 | 100 | 100 | 1 | 100 | 100 | 200 | 50 |
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Used By | 180,000+ | 30,000,000+ | 1,000,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ | 10,000+ | 5,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
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Up with xtb |
Sign
Up with pepperstone |
Sign
Up with avatrade |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with plus500 |
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Up with admiralmarkets |
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Up with webull |
Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 Demo |
Admiral Markets Demo |
Webull Demo |
Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR | UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX |
You can compare Singapore Bitcoin Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Singapore Bitcoin Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Singapore Bitcoin Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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