Top Singapore Brokers for 2021

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

Best Singapore Brokers Guide

Updated July 23, 2021

Singapore Financial Markets

Singapore Brokers

Trading the financial markets in Singapore is easily accessible with the multitude of brokers based in Singapore.

When researching for a broker in Singapore check whether they have MAS supervision, which means those brokers are regulated by the Monetary Authority of Singapore.

MAS provides guidelines as well to insurance companies and financial institutions. It acts as a central bank in managing and overseeing exchange rate movements. So, all the Singapore brokers, irrespective of being Forex brokers or CFD brokers, are required to be authorized by the MAS.

How Financial Trading Platforms Operate In Singapore

Singapore Brokers make money by charging their clients a very low commission rate. So without further ado, lets get started! Your Singapore broker will handle all the technical details when a trade requires to be made and executed trade on your behalf. This means that you don't have to take time off your office or other business set up. You will not have to worry about the commission as Singapore brokers usually charge less than half of the other trading houses.

Singapore is well known for its capitalistic culture where individuals strive to excel in every aspect of life including business. This is also one of the reasons why many US investors prefer to open their businesses in Singapore. Singapore is a great place to start your business because it has favorable tax and legal environment. There are no business barriers when it comes to Singapore and many US investors are already starting their businesses in Singapore because Singapore Brokers can help them achieve their goals and objectives.

Singapore is well known for its currency strength and this fact makes it a perfect location for trading. Singapore brokers are experts in the Forex market and this is why most of them are experienced in trading. The number of traders that are trying to make money in Forex with the help of Singaporean Singapore currency is increasing everyday. Investors from all around the world use Singaporean currency to trade because it is stronger than others and it is worth the trade.

Traders and investors who are looking forward to making money in trading can try their hands on online Singapore trading because of the high availability of internet resources at their disposal. They can access information and learn how to trade with ease at the comfort of their home. These resources are also very useful when it comes to planning their future trading schedules. Most of the Singapore trading companies offer free mini courses for beginners and they do not even charge any fee for this. This makes Singapore brokers very popular among people who want to earn from home.

Singapore Market

Singapore Exchange (SGX) is the main stock market on the island city state and has its presence in other countries too with international offices in New York, London, Hong Kong, Chicago, Beijing, Shanghai, Mumbai, Tokyo and San Francisco. If you are from these cities, finding the best Singapore broker for you with a local presence should be easy.

In late 1999 the Singapore International Monetary Exchange (SIMEX) and Stock Exchange of Singapore (SES) merged and formed SGX, which lists stocks and warrants, American Depository Receipts (ADRs), exchange traded funds (ETFs), trusts and more financial instruments.

Trading in Singapore

Singapore brokers will gladly help you how to execute a trade in Forex or derivatives like CFD. Start with a demo account from multiple brokers, if you are new to the Singapore market. A demo account allows you to learn the brokers platforms without losing real money. If you want to trade under Sharia law, your broker in Singapore will help you open an Islamic account. we list some of these brokers below.

If your language is different than what is widely spoken in Singapore, do check that your brokers support your language such as English, French, German, Spanish, Tamil, Malay and Mandarin.

Make sure the customer support team of your Singapore broker is able to communicate with you in a language you are comfortable with.

Apart from all these, SGX has a good name in providing a transparent and fair market. It uses SGX QUEST trading software, which is highly secured.

Singapore trading advantages

The island of Singapore offers several market sectors to traders and investors like healthcare, energy, information technology, defense and aviation. Some major infrastructure projects are in construction like as below:

Singapore trading challenges

The main trading partner of Singapore is China. China is suffering from trade wars with the United States. This means any failure of key trade agreements with China can negatively impact the Singaporean market.

Closest trading partners of Singapore include Hong Kong, Indonesia, Japan and Malaysia.

In terms of trading across borders, the country ranks 45th while it is positioned 32nd in getting credit. Resolving insolvencies is not easy in Singapore, even with the help of one of the best Singapore brokers. The World Bank ranks Singapore 27th.

Singapore trading

When deciding upon Singapore brokers for your trading needs. It is suggested to opt for a broker which is charging the lowest fee or commission. However you should understand it depends on how often you are buying and selling and how much you are going to invest. If trading frequently for example of a volatile market hoping to profit from price fluctuations opt for lower fee or commission. If you have a trading strategy that requires certain features or are investing less frequently there is nothing wrong with paying a reasonable fee or commission as long as it aids your trading strategy.

Singapore Stock Brokers

The most common features of Singapore Brokers are the willingness to work with any and every kind of remortgage organization, even those that require relatively high fees. However, these brokers are not always willing to take on the extra work for the same prices, so you should ask questions to be sure. For instance, is the fee due on a monthly basis or annually? This kind of question will help you know whether the deal you're getting will be worth it in the long run or not. Also inquire about the specific fees involved in such types of remortgages that are common in Singapore, as well as in those that are less common.

Of course, you will also want to make sure that the fees charged by the Singapore Brokers is fair to you. It would be bad for your business to end up paying exorbitant fees simply because Singapore brokers did not account for certain variables. In fact, Singapore is very transparent in its approach to such matters, as the law states that all fees must be transparent and open to the public. Singapore brokers are required by law to inform their clients about all applicable fees before signing on the dotted line.

Singapore also has a reputation for being a good place to do business. That reputation is not unwarranted, as Singapore has some of the most technologically advanced cities in the world today, with some of the most cutting edge stock exchanges in the world today. This means that investors can trade in stocks and options anywhere in the world, provided they have access to the relevant trading systems. Stock markets in Singapore opened for trading in Singapore in the early nineties, and since then the country has grown to become one of the biggest stock market exporters in the world today. A Singapore broker will have a range of options for you to choose from, depending on your specific requirements, and you should be able to get all the advice you need here.

How To Find The Best Singapore Brokers Offer Exchange Rate And Bank Account

Singapore brokers are well known for the efficient services they render to corporate traders, institutional investors and individual traders. They provide comprehensive financial services through their expertise in various Asian markets including Singapore, Hong Kong, China and Japan. Singapore is a leading financial hub in Asia, with over half of its gross domestic product (GDP) coming from the trading sector. As a result of the fast growing economy and strong financial sector, Singapore has developed into one of the fastest developing countries in the world. In order to take advantage of the country's excellent growth potential, many companies have relocated to Singapore and created more job opportunities for local people.

Many Singapore trading brokers provide trading solutions for individual investors as well as large corporate companies. These include corporate bonds, corporate equities, commercial property and other forms of investing. There are different types of investment accounts available through these Singapore brokers that help you choose the best one for your specific needs. There are account based in Singapore whereby you get a local account as an individual investor and a foreign account as a company or an entity. Such Singapore brokering solutions are ideal for investors dealing with Singapore accounts for their immediate needs.

All About Foreign Exchange - Singaporean Brokers

Singapore Brokers is those individuals or companies that provide brokerage services for the Singapore market. Singapore is a prime trading and investment destination for many reasons. It has the lowest unemployment rate in the world, excellent job prospects, a stable currency, low inflation, and a low cost of living. While these benefits attract many foreign investors, Singapore also has a reputation as a great place to do business because it offers low-cost offshore banking, tax free savings accounts, low brokerage fees, and other similar perks.

As with any country, one must take a number of factors into consideration before making a decision to open an offshore trading account with Singapore. First, determine your financial needs because Singapore does not offer many banking products of any kind, especially compared to other countries in the area. For example, you will need to find a Singapore broker who will be able to arrange a customized fixed deposit trading account for you that will match your specific financial goals. Many Singapore brokers are willing to work closely with you to design a brokerage account that will satisfy all your needs. Depending on your goals, this may mean working with a specific type of investor, having a minimum deposit, having higher than normal credit lines, or other factors.

One aspect to consider when thinking about investment strategies is whether or not Singaporean brokers offer services beyond simple buying and selling stocks and shares. Some Singaporean brokerage banks offer other types of trading services, such as international stock trading, commodities trading, and more. For those who are interested in investing in a variety of different securities or markets throughout the world, Singaporean brokers offer the full range of options available to those who want to explore global trading opportunities.

The Best Singapore Broker

For online investors Singapore Brokers are very valuable partners. A well-established and experienced team of Singapore exchange traders and brokers are available for you to transact or place trades in the stock markets. They have years of experience and expertise and are always open to advising their clients on matters concerning the Singapore market. Singapore based brokers and traders are known world wide for their trustworthiness and their ability to provide sound and reliable advice to their clients.

An efficient Singapore broker will be able to provide all the assistance necessary for their clients. These include expert advice on investments, tips on currency pairs, help on creating a solid Singaporean portfolio, information on buying and selling stock exchanges and other resources that can help investors trade in the foreign markets. An important aspect of successful trading is being able to find a trusted broker who will be able to aid investors with their trades. The selection of a broker depends on the needs of the individual investor and the nature and size of their Singapore brokerage account.

Singapore stock brokers are required by law to provide adequate services to their clients. While some Singapore exchange traded companies operate without any stock brokers, these companies tend to limit their client base to the most basic levels, leaving out the more sophisticated investors. When looking for an appropriate Singapore broker, investors must take the time to conduct a detailed comparison table on various brokers to ensure they get the best service for their money at the best available price.

Singapore Brokers Verdict

Singapore is a prosperous market and for many decades investors have found investing their favorable. Its exchange is well secured and traders can trust the platform used. Singapore brokers are well regulated, but it is suggested to check their portfolio and licenses before opting registering with a Singapore broker.

Best Singapore Brokers

We've collected thousands of datapoints and written a guide to help you find the best Singapore Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best singapore brokers below.

Trading in Singapore

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

We list below the trading account types available in Singapore. If you are looking for brokers in Singapore that are suitable for trading in the Forex, CFD's, Indices 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

Forex trading is growing in popularity in Singapore. The volume of Forex traded in Singapore has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in Singapore and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Singapore?

Their is a misconception that trading Forex on the financial market in Singapore is considered unsafe. This is not the case, Forex trading in Singapore is very active.

Trading in Forex is allowed in Singapore as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Singapore Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

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. Singapore taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Singapore. You should seek advice with a Singapore tax professional to ensure they are abiding by all proper tax laws in Singapore. In Singapore Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Singapore

Cryptocurrency markets in Singapore are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in Singapore things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Singapore for example.

Due to a large young population in Singapore with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Singapore. $6 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

There are a number of important factors to consider when picking an online Singapore trading brokerage.

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.

Our brokerage comparison table below allows you to compare the below features for brokers offering Singapore Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Singapore Brokers of 2021 compared

Here are the top Singapore Brokers (SG).

Compare Singapore Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 XTB IC Markets Roboforex Pepperstone XM FP Markets Plus500 FXPrimus EasyMarkets SpreadEx ThinkMarkets
Rating
locality XTB accept Singapore clients IC Markets accept Singapore clients Roboforex accept Singapore clients Pepperstone accept Singapore clients XM accept Singapore clients FP Markets accept Singapore clients Plus500 accept Singapore clients FXPrimus accept Singapore clients easyMarkets accept Singapore clients SpreadEx accept Singapore clients ThinkMarkets accept Singapore clients
Regulation Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) 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 International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) 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 Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA)
Min Deposit No minimum deposit 200 1 200 5 100 100 100 100 1 No minimum deposit
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 250,000+ 180,000+ 10,000+ 89,000+ 3,500,000+ 10,000+ 15,500+ 10,000+ 142,500+ 10,000+ 500,000+
Benefits
  • 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
  • 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
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
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
xtb
Sign Up with
icmarkets
Sign Up with
roboforex
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
fpmarkets
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
thinkmarkets
Risk Warning 77% 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 Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Your capital is at risk Losses can exceed deposits 72% 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 Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% 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
Demo XTB
Demo
IC Markets
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FP Markets
Demo
Plus500
Demo
FXPrimus
Demo
easyMarkets
Demo
SpreadEx
Demo
ThinkMarkets
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE, AU AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY US, JP, NZ MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US US, TR 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

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 2021 article further below. You can see it now by clicking here

We have listed top Singapore brokers below.

Singapore Brokers List

XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% 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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ 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

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic 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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% 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. Plus500 offers CFDs.


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 Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ 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

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
ThinkMarkets
(4/5)
Min deposit : 0
ThinkMarkets was established in 2010 and is used by over 500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% 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

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA)

Learn more Learn more about XTB.
77% 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.