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
Trade with CFDs and on Stock Market
182 spot pairs + 140 forwards
CFD + Stockbroker
91% 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
0.6
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
0.8
EUR/USD Fixed Spreads
N/A
Commissions (USD Base)
AUD/USD$3.50
USD $1mil = 0.20% (IBKR)
0.8
Commission Rebates
Minimum Deposit
AUD/USD $200
$0
USD $10000
$0
Has Islamic 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
5+
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 (SG) / 500:1 (intl)
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 (FCA)
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
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 Asset for trade
125 Markets, 31 Countries, 22 Currencies
Good for beginners
Unique Feature 2
Fast Execution Speed
Trade Treasury notes
In house analysts
Earn interest on idle cash balances automatically
Great no commission spreads

Overall

Pepperstone
CMC Markets
Saxo Capital Markets
Interactive Brokers
City Index