Top Singapore Brokers for 2025

We found 11 online brokers that are appropriate for Trading Singapore.

Best Singapore Brokers Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - December 31, 2024

Singapore Financial Markets

Singapore Brokers

Trading in Singapore is a gateway to a dynamic and highly-regulated financial market. With a broad selection of brokers operating within the country, investors have access to a range of trading services and opportunities. When evaluating brokers in Singapore, it's crucial to check for regulatory oversight by the Monetary Authority of Singapore (MAS), which ensures that brokers adhere to strict standards of financial conduct and stability.

MAS provides comprehensive guidelines for financial institutions, including insurance companies and trading firms, acting as a central authority to manage and supervise market fluctuations. This regulatory framework is essential for maintaining the integrity of Singapore's financial markets, encompassing Forex and CFD brokers alike. Ensuring that your chosen broker is authorized by MAS can offer you confidence in the safety and reliability of your investments.

How Financial Trading Platforms Operate in Singapore

Singaporean brokers typically earn through low commission rates. Your broker will manage the technical aspects of trades, allowing you to operate without taking time off work. Brokers in Singapore generally charge less than their counterparts in other markets.

Singapore's capitalistic culture and favorable business environment make it an attractive destination for many U.S. investors. The country's favorable tax regime and legal environment encourage business growth, making it a prime location for opening new ventures.

Singapore's strong currency is another reason for its appeal in Forex trading. The strength of the Singaporean dollar makes it a valuable asset for traders. As a result, more investors are using Singaporean currency to trade in Forex markets.

Traders can benefit from the high availability of online resources in Singapore. Many trading companies offer free introductory courses, making it easy for beginners to get started. This accessibility makes Singaporean brokers popular among those looking to earn from home.

What is the Singapore Exchange?

The Singapore Exchange (SGX) is a leading financial marketplace based in Singapore, known for its diverse range of trading services and robust market infrastructure. As a prominent investment holding company, SGX operates a comprehensive suite of businesses related to securities and derivatives trading, clearing services, futures, and central depository functions.

SGX plays a crucial role in the financial ecosystem by facilitating the trading of various financial instruments. This includes stocks, bonds, exchange-traded funds (ETFs), and derivatives, which cater to both individual and institutional investors. By providing a secure and efficient trading platform, SGX ensures transparency and integrity in the financial markets.

Beyond its core trading activities, SGX is involved in clearing and settlement services, which are essential for the smooth execution of trades and the management of financial transactions. The exchange's centralized depository system holds and manages securities on behalf of investors, ensuring safe custody and streamlined operations.

SGX is renowned for its commitment to innovation and technological advancements. It continually enhances its trading systems and infrastructure to meet the evolving needs of global investors. The exchange's initiatives include the adoption of cutting-edge technology for trading and clearing, as well as the introduction of new financial products and services to diversify investment opportunities.

What is the Straits Times Index (STI)?

The Straits Times Index (STI) measures the top Singapore companies listed on SGX stocks mainboard. Introduced in January 1985 as a capitalisation-weighted index, it was adjusted to a free-float weighted index on 3 March 2001. Currently, it includes 26 constituent stocks and 4 GDR baskets.

STI Weightage by Sector

The STI comprises 26 stocks distributed across various sectors:

Since 1 December 2002, GDR issuances with a total market capitalisation of S$500 million or more are included in the STI indices. GDR issuances from REITs are counted under the Consumer Goods sector.

STI Index

What is the Singapore Stock Market (SSM)?

The Singapore Stock Market (SSM) is the primary stock market in Singapore, including both the Securities Trading & Clearing Corporation of Singapore (STCCS) and other linked markets. As an over-the-counter (OTC) market, trading occurs directly between buyers and sellers without centralized exchanges. Foreign ownership caps apply to some listed companies.

Role of the Singapore Exchange

The Singapore Exchange (SGX) stands as the cornerstone of Singapore's financial market, showcasing its prominence not only within the island nation but also on a global scale. SGX serves as the primary platform for trading a wide array of financial instruments, including stocks, bonds, ETFs, and derivatives. Its reputation for efficiency and transparency makes it a preferred choice for investors around the world.

SGX's global reach is underscored by its network of international offices in major financial hubs such as London, New York, Chicago, Hong Kong, Beijing, Shanghai, San Francisco, Mumbai, and Tokyo. This extensive network facilitates cross-border trading and fosters global investment opportunities, connecting investors to Singapore's vibrant market.

In 1999, SGX was formed through the merger of the Singapore International Monetary Exchange (SIMEX) and the Stock Exchange of Singapore (SES). This strategic consolidation enabled SGX to offer a diverse range of financial products and services, including stocks, warrants, exchange-traded funds (ETFs), American Depository Receipts (ADRs), and various other financial instruments. The merger significantly enhanced SGX's capacity to handle complex trading activities and accommodate the growing demands of a global investor base.

For investors based in major metropolitan areas or those seeking opportunities in international markets, Singapore offers a robust trading environment with access to advanced financial systems and tools. Whether you are a local or international trader, finding a suitable Singapore-based broker can be a streamlined process, given the country's well-established financial infrastructure and regulatory framework.

Trading Environment in Singapore

Singapore is a vibrant financial hub known for its sophisticated trading environment and investor-friendly policies. Here's a detailed look at what makes trading in Singapore a compelling option for traders and investors:

Trading Platforms and Technology

Singaporean brokers offer a range of advanced trading platforms designed to cater to both novice and experienced traders. These platforms often come with high-speed execution, real-time data feeds, and a suite of analytical tools. Popular platforms include proprietary solutions from local brokers as well as globally recognized platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Many brokers also provide mobile trading apps to ensure that you can manage your trades on the go.

Regulatory Framework

The Monetary Authority of Singapore (MAS) oversees and regulates trading activities in Singapore. This ensures that brokers adhere to stringent standards for financial stability, transparency, and fairness. MAS's regulatory framework includes requirements for brokers to maintain capital adequacy, conduct regular audits, and adhere to anti-money laundering (AML) and counter-terrorism financing (CTF) measures.

Types of Trading Accounts

Singaporean brokers offer a variety of trading accounts to suit different trading styles and needs:

Investment Products

Singaporean brokers provide access to a broad array of investment products:

Market Access

Singaporean brokers provide access to both local and international markets. This allows traders to diversify their portfolios across different regions and asset classes. Many brokers offer direct market access (DMA) to facilitate high-frequency trading and ensure minimal latency in order execution.

Support and Education

To support traders, Singaporean brokers often provide educational resources such as webinars, tutorials, and market analysis. These resources help traders enhance their knowledge and develop effective trading strategies. Additionally, many brokers offer personalized customer support to assist with technical issues and trading inquiries.

Tax Considerations

Singapore offers a favorable tax environment for traders. There is no capital gains tax on profits from trading stocks, making it an attractive destination for traders looking to maximize their returns. However, it's essential to be aware of other tax implications such as income tax on trading profits, which may vary depending on your trading activity and residency status.

In summary, Singapore provides a well-regulated, technologically advanced, and investor-friendly environment for trading. With its diverse range of financial products, robust trading platforms, and supportive regulatory framework, Singapore is an excellent choice for both local and international traders looking to engage in financial markets.

SGX is known for its secure trading software, SGX QUEST, which provides a fair and transparent market environment.

Singapore Trading Opportunities

Singapore offers diverse market sectors including healthcare, energy, IT, and aviation. Notable infrastructure projects include:

Benefits of Investing in Singaporean Stocks

Investing in Singaporean stocks offers several advantages:

Singapore trading benefits

Challenges in Trading in Singapore

While Singapore offers a robust trading environment, several challenges can impact investors and traders:

Differences Between Singapore Markets and Global Markets

Aspect Singapore Markets Global Markets
Market Size and Liquidity Smaller in scale compared to major global markets like the NYSE or NASDAQ. Liquidity is high but less than global giants. Large-scale markets with extensive liquidity. Major global exchanges handle a significant volume of trades daily.
Regulatory Environment Strictly regulated by the Monetary Authority of Singapore (MAS), ensuring high standards of transparency and investor protection. Regulations vary by country, with major markets having their own regulatory bodies, such as the SEC in the U.S., the FCA in the U.K., and others.
Market Hours Singapore Exchange (SGX) operates during Singapore business hours, typically from 9:00 AM to 5:00 PM SGT. Global markets have varying trading hours based on their location, such as NYSE (9:30 AM - 4:00 PM EST) and LSE (8:00 AM - 4:30 PM GMT).
Types of Securities Focuses on equities, ETFs, REITs, and derivatives. Strong emphasis on REITs and bonds. Wide range of securities including equities, bonds, ETFs, commodities, derivatives, and more specialized instruments.
Market Access and Connectivity Well-connected regionally and globally, but more limited in reach compared to major global hubs. Highly interconnected with global financial systems, offering extensive market access and connectivity across various asset classes.
Investment Opportunities Offers unique opportunities in sectors like real estate and finance, with a growing emphasis on technology and innovation. Provides a diverse array of investment opportunities across multiple sectors, including technology, energy, healthcare, and emerging markets.
Taxation on Investments No capital gains tax on stocks, but income from certain investments may be subject to withholding tax. Taxation varies widely, with many countries imposing capital gains tax, dividend tax, and other forms of investment-related taxation.

Singapore Brokers' Offerings

Singapore brokers typically work with various organizations, often at higher fees. It's important to ask about fee structures whether they are monthly or annual and the specifics of any remortgages.

Ensure that fees are transparent and fair. Singaporean law requires brokers to disclose all applicable fees before any agreement is signed. The country is known for its technological advancements and efficient stock exchanges, which support global trading.

Singapore brokers offer comprehensive services for individual and corporate clients, including bonds, equities, and commercial property investments. Local and foreign accounts are available to suit different investment needs.

Choosing a Suitable Singaporean Stock Broker

Consider the following factors when choosing a Singaporean stock broker:

Singapore Brokers Verdict

Singapore offers a vibrant and well-regulated financial market, making it an attractive destination for traders and investors. The country's brokers benefit from stringent regulatory oversight by the Monetary Authority of Singapore (MAS), ensuring a high standard of operational integrity and investor protection. This regulatory environment fosters confidence among investors, contributing to Singapore's reputation as a leading financial hub.

When selecting a broker in Singapore, it's crucial to evaluate their regulatory compliance, service offerings, and reputation. Reputable brokers are characterized by their transparency, competitive fees, and comprehensive support services. The availability of advanced trading tools and resources, such as research reports and educational materials, can significantly enhance the trading experience.

Singaporean brokers are known for their expertise in various financial markets, including Forex, stocks, and derivatives. They offer a range of account types and trading platforms to cater to diverse investor needs. Whether you are a novice trader or a seasoned investor, Singapore brokers provide valuable support to help you navigate the complexities of the financial markets.

Singapore's brokers are well-regarded for their professionalism and the high quality of their services. By carefully assessing your specific trading needs and comparing the offerings of different brokers, you can select a partner that aligns with your investment goals and provides a secure and efficient trading environment.

Best Singapore Brokers

We have conducted extensive research and analysis on over multiple data points on Singapore Brokers to present you with a comprehensive guide that can help you find the most suitable Singapore Brokers. Below we shortlist what we think are the best singapore brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Singapore Brokers.

Trading in Singapore

When trading in Singapore you will need to chec what your options with your Singapore trading broker are.

We list below the various regulated trading account types available to traders in Singapore. If you are looking for a trading platform or broker in Singapore that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Singapore broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in Singapore

You've probably noticed how Forex trading is really taking off in Singapore, right? Over the past half-dozen years or so, the trading volume in Singapore has been on a steady climb. It's like everyone in Singapore is getting in on the action. But traders in Singapore must understand the risks.

Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.

Modern software, more affordable mobile devices in Singapore and higher internet uptake in Singapore has increased competition for new trading clients among brokerages in Singapore, which has opened Forex trading to a new audience.

Is Forex Trading Legal in Singapore?

There's this common myth floating around that diving into Forex trading in Singapore is illegal, this is not the case, but Forex trading in Singapore is risky. Forex trading in Singapore is not a get rich quick scheme, you will be competing with people not just in Singapore, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Singapore that's not just reputable but also strictly regulated and allowed to offer services to traders in Singapore.

Trading in Forex is allowed in Singapore as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Singapore and investing internationally. Singapore Forex trading is not banned, their are many top-notch international online brokers available to traders in Singapore offering regulated trading environments.

Do Forex Traders Pay Tax in Singapore?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Singapore the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Singapore. You've must file taxes in Singapore even if the markets chewed you up and you spat out losses this year. Also in Singapore you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Singapore who knows the ins and outs of the tax labyrinth in Singapore. In Singapore, Islamic accounts are not restricted.

Cryptocurrencies in Singapore

Here in Singapore, the crypto scene is still pretty new, and cryptocurrency in Singapore is getting more and more tangled up in the local financial regulatory rule in Singapore. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Singapore, they're not as rattled by interest rate shifts or the political drama in Singapore that's always on the news. Crypto in Singapore is a different beast altogether.

You know, with the surge of younger traders in Singapore, who are not only tech-savvy but also starting to speculate with decent money in Singapore, there's a noticeable shift happening in Singapore towards the crypto market (which is highly volitle and high risk in Singapore). Cryptocurrency traders in Singapore contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in Singapore

In Singapore commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in Singapore since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Singapore are able to take advantage of this demand.

We list brokers that allow you to trade commodities in Singapore here.

Islamic Accounts in Singapore

Singapore brokers support Islamic accounts or swap-free accounts. Singapore Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Singapore offer accounts that are suitable for Islamic traders. These Singapore brokers complies with Sharia law.

Benefits of Trading in Singapore

Singapore economy and population is growing. The middle class population in Singapore is increasing which means a growing consumer base. Many business and financial opportunities exist in Singapore. Singapore has a young population educated in technology and the internet.

Concerns of Trading in Singapore

Singapore digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Singapore guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. Singapore Brokers offering high leverage trades in Singapore can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Singapore brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Singapore Brokers Checklist

Selecting a reliable and reputable online Singapore 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 more confidently.

Selecting the right online Singapore trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable Singapore broker if you wish your broker to be 100% local check they are governed and regulated by the below.

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 Brokers in Our Brokerage Comparison Table

When choosing a broker for singapore trading, it's essential to compare the different options available to you. Our singapore 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 broker that best suits your needs and preferences for singapore. Our singapore broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Singapore Brokers of 2025 compared

Here are the top Singapore Brokers (SG).

Compare singapore brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a singapore broker, it's crucial to compare several factors to choose the right one for your singapore needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are singapore brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more singapore brokers that accept singapore clients.

Broker IC Markets Roboforex XTB XM Pepperstone FP Markets EasyMarkets SpreadEx FXPro ThinkMarkets FXPrimus
Rating
locality IC Markets accept Singapore clients Roboforex accept Singapore clients XTB accept Singapore clients XM accept Singapore clients Pepperstone accept Singapore clients FP Markets accept Singapore clients easyMarkets accept Singapore clients SpreadEx accept Singapore clients FxPro accept Singapore clients ThinkMarkets accept Singapore clients FXPrimus accept Singapore clients
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd 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 CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)
Min Deposit 200 10 No minimum deposit 5 No minimum deposit 100 25 No minimum deposit 100 50 15
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 1,000,000+ 10,000,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+ 450,000+ 300,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
roboforex
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xtb
Sign Up with
xm
Sign Up with
pepperstone
Sign Up with
fpmarkets
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
fxpro
Sign Up with
thinkmarkets
Sign Up with
fxprimus
Risk Warning Losses can exceed deposits Losses can exceed deposits 74-83% 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. 74.12% 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 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 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 Losses can exceed deposits
Demo IC Markets
Demo
Roboforex
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
ThinkMarkets
Demo
FXPrimus
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, 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 RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.


All Singapore brokers in more detail

You can compare Singapore Brokers 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 Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Singapore brokers below.

Singapore Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 74-83% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by 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
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
ThinkMarkets
(3/5)
Min deposit : 50
ThinkMarkets was established in 2010 and is used by over 450000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)
FXPrimus
(3/5)
Min deposit : 15
FXPrimus was established in 2009 and is used by over 300000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)

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Losses can exceed deposits
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Losses can exceed deposits