Best-Singapore-Trading-Platforms-Snippet-Image

Singapore Forex Trading Platform Brokers

The best forex brokers in Singapore across each forex trading platform category are:

  • Pepperstone – Bast MetaTrader 5 Forex Broker
  • CMC Markets – Best MetaTrader 4 Forex Broker
  • Saxo Markets – Best Demo Account
  • Interactive Brokers – Best CFD Trading Platform
  • City Index – Best Charting Platform
  • Plus500 – Best Mobile Trading Platform

 

 





Broker Reviewed

Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index
Our Rating
9.17
7.17
6.0
8.17
6.83
Best MT4 Execution Speeds
78% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider
182 spot pairs + 140 forwards
66% of retail investor accounts lose money when trading CFDs
71% of retail CFD accounts lose money

Regulations and Licenses

Feature
Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index
MAS (Singapore)

Brokerage

Feature
Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index
EUR/USD Avg. Raw Spread
0.13
GBP/USD Avg. Raw Spread
0.51
N/A
AUD/USD Avg. Raw Spread
0.18
N/A
EUR/USD Standard Spread
1.13
1.2
1.1
0.8
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
AUD/USD$3.50
USD $1mil = 0.20% (IBKR)
USD $2mil = 0.20% (IBKR)
USD $5mil = 0.10% (IBKR)
Over USD $5mil = 0.08% (IBKR)
0.8
Commission Rebates
Minimum Deposit
AUD/USD $200
$0
USD $10000
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16
6
5
4
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index
Currency Pairs
66+
339+
180+
115+
84+
Cryptocurrency CFDs
4+
12+
5+
Index CFDs
2+
46+
26+
21+
Share CFDs
63+
9000+
20,000+
1000+
4500+
Commodities CFD
4+
111+
70+
29+
Stockbroking
9000+
50,000+
Retail Max. Leverage
30:1 (FCA)
500:1 (ASIC)
50:1 (DFSA)
30:1 (Europe)
20:1 (Singapore)
500:1 (Australia / International)
30:1 (FCA)
100:1 (ASIC)
20:1 (MAS)
50:1 (Central Bank of UAE)
33:1
500:1 (ASIC)
30:1 (FCA)
20:1 (MAS)
50:1 (Bank of UAE)
Professional Leverage
500:1
500:1
100:1
500:1 (FCA)

Trading Platforms + Tools

Feature
Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
MetaTrader 4 only

MT4 only
Social + Copy Trading
ASIC Only
Standard Stop Loss
Guaranteed Stop Loss

FCA only
Guaranteed Neg Protection

only with FCA regulation
Only in ESMA regulated territories
ESMA regulated territories only
ESMA regulated territories only

FCA only
Demo Account
Unique Feature 1
Smart Trader Tools
Offers both CFD and Stock trading
CFD and Underlying assets for trade
125 Markets, 31 Countries, 22 Currencies
Trade in 4,500 markets
Unique Feature 2
Fast Execution Speed
Trade Treasury notes
In house analysts
Earn interest on idle cash balances automatically
No commission spreads

Overall

Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index