Forex Singapore for 2024
We found 11 online brokers that are appropriate for Trading Singapore Forex Investment Platforms.
Forex Singapore Guide
Analysis by Andrew Blumer, Updated Last updated - April 23, 2024
Forex Brokers in Singapore
Trading Forex currencies in Singapore is popular among the natives. Before any foreign exchange broker based in Singapore can take CFD and Forex traders as clients, they need to be licensed by the Monetary Authority of Singapore (MAS), the governing financial agency in Singapore founded in 1971. Southeast Asia is one of the most famous regions for Forex trading as people aim to capitalise on the top foreign exchange brokers working around the region and increase their income.
In Singapore, foreign exchange trading possesses a moderate turnover of about three hundred billion dollars daily, making it one of the five largest centers for foreign exchange trading worldwide. The MAS offers regulation to the region's financial activities like Forex trading. In fact, a few of the top foreign exchange brokers based in Singapore a licensed in other countries. Especially since Singapore is a fairly small country, to choose a Forex broker, you need to consider a broker that works in the area.
For instance, several FCA regulated Forex brokers in the UK work in Singapore and have established themselves in Singapore. Many Forex brokers with CySEC regulations also operate in Singapore.
Criteria For Choosing A Singapore-based Forex Trading Platform
Trading Platforms
The developed version of MT5 or the MT4 Trading platform is current an excellent standard in foreign exchange trading. Some expert trading platforms can also include cTrader. Almost every brokerage provides its own Android or iOS apps and Web trader solution.
Regulation
All good trading platforms need to be governed by some international agencies, like CySEC in Cyprus, FCA in the UK, or ASIC in Australia. There are also several brokers based in Singapore governed directly by the MAS.
Spread
Intraday trading spreads with most brokers average around 1.2 pips. The Forex has to make an income from facilitating your Forex trades especially if there are no other broker fees. If an operating fee is charged, the perfect Forex broker provides a spread on the Euro and USD currency pair for as low as 0.01 pips.
Customer Support Services
Forex brokers need to provide customer support services every hour for five days a week. They then need to provide customer support in other global languages, and not only in English.
Commissions
Commissions are determined as a constant fee that you pay for every round lot traded. A few Forex brokers provide trading accounts where you don't need to pay commissions. However, for this trading account, the currency pairs' spreads are normally more costly than the merchant account, where you need to pay the flat commission trading fee.
Singapore And General Regulation
Every country worldwide possesses its unique regulatory structure and an entity that monitors and controls the financial markets. In a few countries, such as France or Russia, the financial markets are governed by Central Banks, and the brokers are required to get licenses with these agencies to provide legal services to traders. Under these situations, it gets complicated to do business because of the unclear regulatory requirements.
In some other countries, the control is passed to some independent agencies that monitor the financial markets. These agencies offer brokers higher opportunities to start their businesses in the country and is often more liberal. However, Forex brokers are still required to follow a regulatory structure laid by the regulatory agencies, where they need to possess enough funds, reduce clients' risks and more.
In Singapore, the governing body that controls the Forex market is the Monetary Authority of Singapore. Every Forex broker who is interested in providing financial services in the country needs to be MAS regulated. MAS has some other responsibilities as it is the Central Bank of Singapore. Those responsibilities involve monitoring all insurance intermediaries and financial credits for Singaporeans. MAS regulated brokers also need to reduce their customers' risks by keeping their funds in separate accounts in case of occasions where the broker files for bankruptcy.
If this unfortunate situation arises, the trader's funds will be safe. MAS specifies that the broker needs to wholly disclose all products and services they provide to their customers. The agency also provides a unique program for investors, such as MoneySENSE, and lots of educatory resources to make independent and wise decisions concerning investing.
Commonly Traded Forex Currency Pairs In Singapore
The Forex brokers permit Singapore residents to trade using every exotic and main global Forex currency pairs, but they most constantly allow:
- GBP/SGD
- GPB/USD
- USD/SGD
- USD/JPY
- EUR/SGD
- SGD/JPY
Benefits Of Choosing An MAS Regulated Broker
Proper Management Of Client Complaints:
The law forces brokers to manage client complaints respectfully. It has also offers channels for handling disputes between the parties. The client can contact the Consumer Association of Singapore, the Financial Industry Dispute Resolution center, or the Singapore Mediation Centre. Courts are the last choice for solving conflicts between a Forex broker and the client provided the former is regulated by the MAS.
Assurance Of The Safety Of Investment:
The Monetary Authority of Singapore advises the residents to get involved with only regulated Forex brokers. One main advantage would be the assurance of the investment's security even if the broker went bankrupt. The regulatory institution has laid down many steps to attend to the trader's results.
Forex Trading Singapore Verdict
In Singapore, where Forex trading is especially popular, Forex brokers are heavily regulated by the MAS to ensure safe trading for all. If you are based in Singapore and are looking to get into Forex trading, be sure to trade only with MAS regulated brokers to make sure that you have the best experience trading in the Forex market.
We have conducted extensive research and analysis on over multiple data points on Forex Singapore to present you with a comprehensive guide that can help you find the most suitable Forex Singapore. Below we shortlist what we think are the best Singapore Forex Investment platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Singapore.
Reputable Forex Singapore Checklist
Selecting a reliable and reputable online Singapore Forex 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 Forex Investment Platforms more confidently.
Selecting the right online Singapore Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Singapore Forex Investment Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Singapore Forex Investment Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Singapore Forex Investment Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Singapore Forex Investment Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Singapore Forex Investment Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Singapore Forex Investment Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Singapore Forex Investment Platforms in Our Brokerage Comparison Table
When choosing a broker for Singapore Forex Investment platforms trading, it's essential to compare the different options available to you. Our Singapore Forex Investment platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Singapore Forex Investment platforms broker.
- The funding methods available for Singapore Forex Investment platforms with each broker.
- The types of instruments you can trade with each Singapore Forex Investment platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Singapore Forex Investment platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Singapore Forex Investment platforms broker affects the cost of trading.
- The level of customer support each Singapore Forex Investment platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each Singapore Forex Investment platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Singapore Forex Investment platforms broker that best suits your needs and preferences for Singapore Forex Investment platforms. Our Singapore Forex Investment platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Singapore Forex Investment Platforms of 2024 compared
Here are the top Singapore Forex Investment Platforms.
Compare Singapore Forex Investment platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Singapore Forex Investment platforms broker, it's crucial to compare several factors to choose the right one for your Singapore Forex Investment platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Singapore Forex Investment platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Singapore Forex Investment platforms that accept Singapore Forex Investment platforms clients.
| Broker |
IC Markets
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Roboforex
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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SpreadEx
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FXPro
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Plus500
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | 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 Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | 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 |
| Min Deposit | 200 | 10 | No minimum deposit | 5 | 200 | 100 | 1 | 100 | 1 | 100 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ | 24,000,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with fpmarkets |
Sign
Up with nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Sign
Up with plus500 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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 | Losses can exceed deposits | Losses can exceed deposits | 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 | 80% 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. |
| Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Plus500 Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | 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 | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | 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 |
All Singapore Forex Investment platforms in more detail
You can compare Singapore Forex 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 Forex Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Singapore Forex Investment platforms below.
Forex Singapore Table of Contents
- Forex Singapore Explained
- 6 Factors to Consider when Choosing Forex Singapore
- Are Your Forex Singapore Trusted And Established?
- Are The Forex Singapore World Leading?
- What are the Forex Singapore Commissions and Fees?
- What are the Forex Singapore Funding and Withdrawl Methods?
- Find Forex Singapore with Round-the-clock support?
- Make sure the Forex Singapore Offer Comprehensive Trader resources?
- Why Forex Singapore needs to be regulated?
- Forex Singapore FAQ
- What are the best Singapore Forex Investment platforms brokers?
- What is the best Singapore Forex Investment platform broker?
- Related Forex Singapore Reviews
- Related Forex Singapore Alternatives
- Related Forex Singapore Comparisons
Forex Singapore Explained
Trading volatile financial markets with Forex Singapore can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Forex Singapore to ensure a successful trading experience.
Selecting Forex Singapore at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Forex Singapore markets effectively.
Reliability is key to gaining access to financial markets. Look for Forex Singapore that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Forex Singapore confidently.
6 Factors to Consider when Choosing Forex Singapore
Follow these five rules for selecting Forex Singapore that are right for you:
Are Your Forex Singapore Trusted And Established?
Search for a reputable Forex Singapore with a extensive proven track record for Forex Singapore, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Forex Singapore broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2002 | 2009 | 2010 | 2005 | 2008 | 2001 |
| Head Office | Australia | Belize | Poland | Cyprus | Australia | Australia | Mauritius | Cyprus, Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | 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 Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
| Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 10,000+ | 10,000+ | 142,500+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets | Visit NordFX | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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 | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
Are The Forex Singapore World Leading?
Opt for Forex Singapore that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Forex Singapore is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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Roboforex
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XTB
|
XM
|
Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5600 | 1000 | 1200 | 290 | 50 | 200 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | 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 | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | 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 |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 70 | 150 | |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 70 | 150 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 21 | 15 | 16 | 18 | 0 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | No | Yes | No | Yes | Yes | No | Yes |
| Stocks Offered | 2100 | 0 | 1696 | 160 | 1100 | 10000 | 52 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
What are the Forex Singapore Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Forex Singapore broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Forex Singapore broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 0 | 5 | 200 | 100 | 1 | 100 |
| Withdrawl Fees | No | Yes | varies | No | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | No | No | No |
| Deposit Fees | Varies | No | No | No | No | Yes | No | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | Yes | Yes | No |
What are the Forex Singapore Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Forex Singapore. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Forex Singapore.
| Broker |
IC Markets
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Roboforex
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XTB
|
XM
|
Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Paypal | Yes | No | Yes | No | Yes | Yes | No | No |
| Skrill | Yes | No | Yes | No | Yes | Yes | No | Yes |
| Payoneer | No | Yes | Yes | No | Yes | No | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Forex Singapore with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Forex Singapore.
Forex Singapore customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Forex Singapore can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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Roboforex
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XTB
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XM
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Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets | Visit NordFX | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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 | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
Make sure the Forex Singapore Offer Comprehensive Trader resources?
It's important to ensure your Forex Singapore provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Forex Singapore. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Forex Singapore.
Why Forex Singapore needs to be regulated?
Regulated Forex Singapore lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Forex Singapore.
Consumers are protected by Forex Singapore regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Forex Singapore is necessary to prevent fraud. The Forex Singapore working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Forex Singapore is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Forex Singapore List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits