Top Singapore Forex Brokers With MT4 In 2021

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

  • pepperstone logo Pepperstone - Best forex broker overall
  • oanda logo OANDA - Top broker with MAS regulation
  • City Index UK City Index - Best forex broker for beginners
  • CMC Markets UK CMC Markets - Top range of CFDs for trading
  • ig markets logo IG - Top trading with worlds largest broker
  • IC Markets Logo Best Singapore MT4 Forex Brokers IC Markets - Best broker for social-copy trading
  • FP Markets Logo Best Singapore MT4 Forex Brokers FP Markets - Top broker for cryptocurrency trading
  • ThinkMarkets Logo Best Singapore MT4 Forex Brokers ThinkMarkets - Top MT4 broker with good account types

Pepperstone
IC Markets
Oanda
IG
FP Markets
Our Rating
9.17
8.83
7.33
6.67
8
79.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
73.5% of retail investor accounts lose money when trading CFDs
76% of retail investor accounts lose money when
trading spread bets and CFDs with this provider
The vast majority of retail investor accounts lose money when trading CFDs.

Regulations and Licenses

Feature
Pepperstone
IC Markets
Oanda
IG
FP Markets
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CYSEC (Cypus)

Brokerage

Feature
Pepperstone
IC Markets
Oanda
IG
FP Markets
EUR/USD Avg. Raw Spread
0.09
0.1
N/A
0.17
0.01
GBP/USD Avg. Raw Spread
0.59
0.4
N/A
0.6
0.2
AUD/USD Avg. Raw Spread
0.17
0.2
N/A
0.86
0.2
EUR/USD Standard Spread
1.09
1.1
1.1
1.2
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
$3.50
SGD 4.55
$3.50
SGD 4.50
$3.50
SGD 5.00
USD $3.00
Commission Rebates
Minimum Deposit
USD $200
USD $200
$0
US$450
(or equivalent)
Swap Free Account
No Inactivity Fees
Funding Methods
16
15
6
4
No Funding Fees

Markets and Instruments

Feature
Pepperstone
IC Markets
Oanda
IG
FP Markets
Currency Pairs
66+
65+
70+
80+
61+
Cryptocurrency CFDs
4+
10+
1+
5+
5+
Index CFDs
14+
16+
16+
34+
14+
Share CFDs
63+
100+
12000+
12,986+
Commodities CFD
4+
19+
31+
38+
4+
Stockbroking
Retail Max. Leverage
30:1 (FCA)
500:1 (ASIC)
50:1 (DFSA)
30:1 (Cysec)
500:1 (ASIC/International)
20:1
20:1
500:1
Professional Leverage
500:1
500:1
50:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
IC Markets
Oanda
IG
FP Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection

only with FCA regulation
Cysec Regulation Only
Demo Account
Unique Feature 1
Smart Trader Tools
ECN pricing
Fast Execution
Range of platforms
Fastest Limit Order Execution Speed
Unique Feature 2
Fast Execution Speed
No funding fees
Customer Service
Risk management tools
low spreads

Overall