Best ECN Brokers 2023 For Singapore Traders

  • Pepperstone - Fastest execution speeds and lowest commissions
  • IC Markets - Low minimum deposit and spreads
  • Interactive Brokers - Lowest ECN spreads for the highest volume traders
  • Axi - Low spread broker specialising in MetaTrader 4
  • IG Markets - Largest forex broker offering a direct market access account
  • FXTM - Specialist ECN broker account but is not Singapore regulated
  • FxPro - No dealing desk account but higher spreads than competitors
  • Saxo Bank - Singapore regulated ECN broker but high minimum deposit
Broker Our Rating Regulation Standard
EUR/USD Spread
Standard
GBP/USD Spread
Standard
AUD/USD Spread
Raw
EUR/USD Spread
Raw
GBP/USD Spread
Raw
AUD/USD Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
9.33 SCG, ASIC
FCA, CySEC
1.10 1.40 1.20 0.1 0.6 0.3 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
8.50 ASIC, FSA-S
CySEC
0.62 0.83 0.77 0.02 0.23 0.17 $3.50 134ms $0 61+ 18+ 30:1 500:1 Visit Site
8.17 NFA, CFTC, CBI
ASIC, FCA, MAS
CIRO, JFSA
- - - - 0.08%-0.2% 110ms $0 100+ - 30:1 500:1 Visit Site
4.83 ASIC,CySEC,FCA
,DFSA,FMA
1.2 1.3 1.3 0.44 0.85 0.42 $3.50 90ms $0 72+ 11+ 30:1 400:1 Visit Site
6.67 ASIC, FCA, BaFin
FINMA, NFA/CFTC, MAS
CySEC, DFSA, FMA
JFSA, BMA, FSCA
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
6 FCA, FSCA, CySEC
FSCM, CMA
1.9 2 2 0.0 0.0 0.5 $2.00 160ms $500 63+ - 30:1 300:1 Visit Site
7.46 FCA, FSCA
CySEC, SCB, FSCM
1.32 1.7 1.95 0.32 0.37 0.51 $3.50 151ms $0 69+ 30+ 30:1 200:1 Visit Site
6.0 ASIC, FINMA
FCA, MAS
1.20 1.8 0.9 - - - - 135ms $2000 209+ 9+ 50:1 50:1 Visit Site
 

Which ECN Brokers Are The Best For Traders In Singapore?

ECN (electronic communication network) is a digital system that automatically matches buyers and sellers in the financial markets without the need for a third party. With no dealing desk, this means you’ll obtain the fast execution speeds and tight spreads. This list is composed of our picks for the best ECN brokers for Singapore traders.