Top Singapore Forex Brokers With MT4 In 2022

The best forex brokers in Singapore that offer MetaTrader 4 are:

  • Pepperstone Pepperstone - Best forex broker overall
  • oanda logo OANDA - Top broker with MAS regulation
  • city index logo City Index - Best forex broker for beginners
  • cmc markets logo CMC Markets - Top range of CFDs for trading
  • ig logo IG - Top trading with worlds largest broker
  • ic markets logo IC Markets - Best broker for social-copy trading
  • fpmarkets logo FP Markets - Top broker for cryptocurrency trading
  • think markets logo ThinkMarkets - Top MT4 broker with good account types

Pepperstone
Oanda
City Index
CMC Markets
IG
Our Rating
9.33
7.33
6.83
7.17
6.67
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
76.6% of retail investor accounts lose money when trading CFDs
73% of retail CFD accounts lose money
73% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider
71% of retail investor accounts lose money when
trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
Oanda
City Index
CMC Markets
IG
MAS (Singapore)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
Oanda
City Index
CMC Markets
IG
EUR/USD Avg. Raw Spread
0.17
-
-
-
0.17
GBP/USD Avg. Raw Spread
0.59
-
-
-
0.59
AUD/USD Avg. Raw Spread
0.24
-
-
-
0.3
EUR/USD Standard Spread
0.75
1.1
0.80
-
0.86
EUR/USD Fixed Spreads
-
-
-
-
Commissions (USD Base)
$3.50
$3.50
-
-
-
Minimum Deposit
$0
$0
$150
$0
$450
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
6+
6+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
Oanda
City Index
CMC Markets
IG
Currency Pairs
62+
70+
84+
338+
100+
Cryptocurrency CFDs*
12+
4+
25+
19+
12+
Index CFDs
14+
16+
21+
46+
34+
Share CFDs
300+
-
4500+
9,000+
12000+
Commodities CFD
9+
34+
46+
124+
35+
Stockbroking
-
-
-
9,000+
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Major Pairs 20:1
Minor Pairs 10:1
Major Pairs 20:1
Minor Pairs 10:1
Major Pairs 20:1
Minor Pairs 20:1
Pro. Max. Leverage (Singapore)
-
100:1
50:1
500:1
50:1
Retail Max. Leverage (With offshore regulators)
200:1
100:1
-
Major Pairs 30:1
Minor Pairs 20:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Pepperstone
Oanda
City Index
CMC Markets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Smart Trader Tools
Fast Execution
Trade in 4,500 markets
Offers both CFD and Stock trading
Guaranteed stop loss orders

Overall