Singapore Economic Forecast Guide
Updated January 22, 2022
Singapore Economic Forecast
MTI announced a few months ago that Singapore's economy contracted by 5.4% in 2020. The reason for economic contraction during the year was out of the government's control. COVID-19, which first appeared in one city, eventually turned into a global pandemic. Singapore was also affected by 1000+ new cases seen in April 2020.
However, the authorities successfully controlled the spread of the virus. Right now, the total cases of COVID-19 are around 61,000, with a total of 31 deaths. When we compare the results with other countries, it becomes clear that Singapore's strategy of controlling and stopping the pandemic was a success.
It is 2021 now, and data shows that only around 15-20 new cases of COVID-19 appear in the country. So for this island city-state, the pandemic is almost over, and it's time to put it in the rearview.
Since the pandemic is almost over, The ministry of Trade & Industry (MIT) forecast GDP growth of 4% - 6% in 2021.
Economic Performance In the Year 2020
In the 4th quarter of 2020, the speed of economic contraction slowed down to 2.4%. When compared to the 5.8% contraction of the previous quarter, this was a significant improvement. This data is based on a year-on-year basis.
If we take a look at the data based on a quarter-on-quarter basis, Singapore's economy actually grew by 3.8%. In the last quarter, the recorded growth was 9.0%.
On a year-on-year basis, Singapore's manufacturing sector recorded growth of 10.3%. This growth was based on increased output in industries such as chemicals, electronics, biomedical, and engineering. However, if we look on a quarter-to-quarter basis, the manufacturing sector contracted by 1.4%.
While the manufacturing sector grew based on an increase out from various industries, the construction sector actually shrank during the year. Official data shows that the construction sector actually shrunk by 27.4% during the year.
Technology & communication sector helped the wholesale trade grow by 1.8% during the year. Most of the growth was attributed to the strong performance of equipment, machinery, computers, mobiles, and supplies segment.
The domestic market was also affected, but it was not due to a drop in global trade. Instead, people were forced to stay at home and even work remotely. Another factor was a rise in unemployment and reduced wages due to the pandemic. This resulted in a weak domestic market which ultimately resulted in a 4.7% contraction of retail trade.
The contraction was seen in manufacturing, and the transport sector is almost similar. With a huge drop in global trade and travel restrictions inside the country, the transport sector of Singapore suffered greatly. On a year-on-year basis, this sector saw a contraction of 27.4%.
Among the transport, airlines saw their profits drop as the numbers of flights coming in and out of the country dropped due to lockdown measures in the whole world. While the air route transport suffered, sea route transport was also no exception. The volume of the cargo which is transported by sea also fell to historic lows.
Singapore In the Year 2022
Things had changed a lot since November 2020, when the economic survey of the country was released. The most positive development was the approval of various COVID-19 vaccines. Since then, almost every country has started the deployment of vaccines from advanced economies to developing economies.
In Europe and the US, the speed of vaccination is fast and, as such, will be the first regions to reach mass immunity from COVID-19. On the other hand, once fast-growing economies such as Indonesia and Malaysia may face slow growth due to slow deployment of vaccines.
Coming back to Singapore, the outlook for the country remains negative. There are multiple positive as well as negative developments that offset each other. Based on this, we believe that the country's outlook will remain unchanged (the same as compared to 3 months ago).
The outlook is uncertain for the entire world and is not just limited to Singapore. Here's a quick summary of the risks that can potentially affect the global economy:
- This year and the next one, the supply of vaccines and the speed of vaccination will be of utmost importance. Any problems in the supply chain will mean that the world will have to spend more time with COVID-19.
- Possible mutation of COVID-19 can not be totally discounted.
- The expansionary fiscal policy allows the economy to grow for the short term, but it will result in financial system stress in the long term.
- Private sector debt is touching new heights worldwide. Once the fiscal policy tightens, it will cause a significant debt problem. It may lead to mass-scale bankruptcies.
- Geopolitical tension and uncertainty are still present despite the pandemic. This will weigh down on global trade.
Singapore Economic Forecast Verdict:
The pandemic situation (COVID-19) is much better in Singapore than in the rest of the world. This provides a unique opportunity for Singapore to establish itself in this changing world.
Better conditions and decreasing cases of COVID-19 have given a head start for the Singapore economy to grow. In 2021, the economy is expected to grow between 4% to 6%.
We've collected thousands of datapoints and written a guide to help you find the best Singapore Economic Forecast for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best Singapore Investment Platforms below.
Reputable Singapore Economic Forecast Checklist
There are a number of important factors to consider when picking an online Singapore Investment Platforms trading brokerage.
- Check your Singapore Investment Platforms broker has a history of at least 2 years.
- Check your Singapore Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Singapore Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Singapore Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Singapore Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Singapore Investment Platforms can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering Singapore Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Singapore Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Singapore Investment Platforms of 2022 compared
Here are the top Singapore Investment Platforms.
Compare Singapore Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Singapore Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Singapore Investment Platforms that accept Singapore Investment Platforms clients
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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XM
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EasyMarkets
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Trading212
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SpreadEx
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NordFX
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), 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 | 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), 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 200 | No minimum deposit | 1 | 100 | 200 | 100 | 5 | 100 | 1 | 1 | 1 |
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| Used By | 180,000+ | 250,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ | 3,500,000+ | 142,500+ | 15,000,000+ | 10,000+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with roboforex |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with xm |
Sign
Up with easymarkets |
Sign
Up with trading212 |
Sign
Up with spreadex |
Sign
Up with nordfx |
| Risk Warning | Losses can exceed deposits | 74% 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 | 77% 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. | Your capital is at risk | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
IC Markets Demo |
XTB Demo |
Roboforex Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
XM Demo |
easyMarkets Demo |
Trading 212 Demo |
SpreadEx Demo |
NordFX Demo |
| Excluded Countries | 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, IN, PK, BD, NG , ID, BE, AU | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, IL, KR, IR, MM, CU, SD, SY | US | US, CA | US, TR | No |
All Singapore Investment Platforms in more detail
You can compare Singapore 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 Investment Platforms for 2022 article further below. You can see it now by clicking here
We have listed top Singapore Investment Platforms below.
Singapore Economic Forecast Table of Contents
- Singapore Economic Forecast Explained
- 6 Factors to Consider when Choosing Singapore Economic Forecast
- Are Your Singapore Economic Forecast Trusted And Established?
- Are The Singapore Economic Forecast World Leading?
- What are the Singapore Economic Forecast Commissions and Fees?
- What are the Singapore Economic Forecast Funding and Withdrawl Methods?
- Find Singapore Economic Forecast with Round-the-clock support?
- Make sure the Singapore Economic Forecast Offer Comprehensive Trader resources?
- Why Singapore Economic Forecast needs to be regulated?
- Singapore Economic Forecast FAQ
- What are the best Singapore Investment Platforms brokers?
- What is the best Singapore Investment Platform broker?
- Related Singapore Economic Forecast Reviews
- Related Singapore Economic Forecast Alternatives
- Related Singapore Economic Forecast Comparisons
Singapore Economic Forecast Explained
Trading the financial markets with Singapore Economic Forecast when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Singapore Economic Forecast is the platform that a Singapore Economic Forecast offer.
Choose Singapore Economic Forecast that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Singapore Economic Forecast that you can rely on.
6 Factors to Consider when Choosing Singapore Economic Forecast
Follow these five rules for selecting a broker that's right for you:
Are Your Singapore Economic Forecast Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Singapore Economic Forecast 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 XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB 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
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Year Established | 2007 | 2002 | 2009 | 2005 | 2010 | 2008 |
| Head Office | Australia | Poland | Cyprus | Australia | Australia | Israel |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), 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 | 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), 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 |
| Used By | 180,000+ | 250,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit IC Markets | Visit XTB | Visit Roboforex | Visit FP Markets | Visit Pepperstone | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 74% 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 | 77% 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. |
Are The Singapore Economic Forecast World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
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 Singapore Economic Forecast is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Instruments Available | 232 | 4000 | 100 | 100 | 100 | 2000 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | 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, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP,US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 65 | 57 | 35 | 60 | 70 | 100 |
| Forex pairs offered | 65 | 57 | 35 | 60 | 70 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | Yes | Yes |
| Commodities Offered | 19 | 21 | 21 | 18 | 16 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | No | Yes |
| Stocks Offered | 110 | 1696 | 0 | 10000 | 60 | 1816 |
| UK Shares | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Singapore Economic Forecast Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Singapore Economic Forecast broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Singapore Economic Forecast broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Min Deposit | 200 | 0 | 1 | 100 | 200 | 100 |
| Withdrawl Fees | No | varies | Yes | No | No | No |
| Inactivity Fees | No | Yes | No | No | Yes | Yes |
| Deposit Fees | Varies | No | No | Yes | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | Yes | No |
What are the Singapore Economic Forecast Funding and Withdrawal Methods?
When dealing with Singapore Economic Forecast having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | No |
Find Singapore Economic Forecast with Round-the-clock support?
Customer service is very important when dealing with Singapore Economic Forecast.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Singapore Economic Forecast customer support 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
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB 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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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit IC Markets | Visit XTB | Visit Roboforex | Visit FP Markets | Visit Pepperstone | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 74% 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 | 77% 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. |
Make sure the Singapore Economic Forecast Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Singapore Economic Forecast needs to be regulated?
A regulated Singapore Economic Forecast broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Singapore Economic Forecast brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Singapore Economic Forecast List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic 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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic 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 Islamic account VIP account
