Forex brokers in Singapore
Which brokers hold a local licence in Singapore, which international brokers accept residents, and what to check first.
The Monetary Authority of Singapore requires firms that deal in leveraged forex or CFDs with Singapore clients to hold a Capital Markets Services licence, and sets margin requirements for retail clients.
What to check first
Search the Financial Institutions Directory for the exact legal entity and confirm that its licence covers the activity. MAS also keeps an Investor Alert List of unregulated entities.
Local regulator: MAS
Brokers licensed in Singapore
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 CMC Markets Since 1989 · LSE: CMCX | 91/99 | MAS CMC Markets Singapore Pte Ltd | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| 2 FOREX.com Since 2001 · NASDAQ: SNEX (parent) | 91/99 | MAS StoneX Financial Pte Ltd | $100 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit FOREX.comOfficial site · we earn no commission here |
| 3 Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | MAS Interactive Brokers Singapore Pte Ltd | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| 4 Plus500 Since 2008 · LSE: PLUS | 91/99 | MAS #CMS100648 Plus500SG Pte Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| 5 City Index Since 1983 · NASDAQ: SNEX (parent) | 89/99 | MAS StoneX Financial Pte Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit City IndexOfficial site · we earn no commission here |
| 6 IG Since 1974 · LSE: IGG | 89/99 | MAS IG Asia Pte Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit IGOfficial site · we earn no commission here |
| 7 Saxo Since 1992 | 87/99 | MAS Saxo Capital Markets Pte Ltd | $0 | Own platform, TradingView | Review Visit SaxoOfficial site · we earn no commission here |
| 8 OANDA Since 1996 | 83/99 | MAS OANDA Asia Pacific Pte Ltd | $0 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit OANDAOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
International brokers that accept clients from Singapore
These brokers serve this country through an entity licensed elsewhere. Local protections may not apply.
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 Swissquote Since 1996 · SIX: SQN | 89/99 | FINMA Swissquote Bank Ltd | $1,000 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit SwissquoteOfficial site · we earn no commission here |
| 2 eToro Since 2007 · NASDAQ: ETOR | 56/99 | FSA Seychelles #SD076 eToro (Seychelles) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
| 3 Pepperstone Since 2010 | 54/99 | SCB #SIA-F217 Pepperstone Markets Limited | $0 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit PepperstoneOfficial site · we earn no commission here |
| 4 AvaTrade Since 2006 | 50/99 | BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit AvaTradeOfficial site · we earn no commission here |
| 5 XTB Since 2002 · WSE: XTB | 50/99 | FSC Belize XTB International Limited | $0 | Own platform | Review Visit XTBOfficial site · we earn no commission here |
| 6 Admirals Since 2001 | 48/99 | FSA Seychelles #SD073 Admirals SC Ltd | $100 | MetaTrader 4, MetaTrader 5 | Review Visit AdmiralsOfficial site · we earn no commission here |
| 7 ThinkMarkets Since 2010 | 48/99 | FSA Seychelles #SD060 TF Global Markets Int Limited | $0 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit ThinkMarketsOfficial site · we earn no commission here |
| 8 Eightcap Since 2009 | 46/99 | SCB #SIA-F220 Eightcap Global Ltd | $100 | MetaTrader 4, MetaTrader 5, TradingView | Review Visit EightcapOfficial site · we earn no commission here |
| 9 Vantage Since 2009 | 46/99 | VFSC #700271 Vantage Global Limited | $50 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit VantageOfficial site · we earn no commission here |
| 10 Capital.com Since 2016 | 44/99 | SCB #SIA-F245 Capital Com Online Investments Ltd | $20 | Own platform, MetaTrader 4, TradingView | Review Visit Capital.comOfficial site · we earn no commission here |
| 11 Exness Since 2008 | 42/99 | FSA Seychelles #SD025 Exness (SC) Ltd | $10 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit ExnessOfficial site · we earn no commission here |
| 12 HFM Since 2010 | 42/99 | FSA Seychelles #SD015 HF Markets (Seychelles) Ltd | $0 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit HFMOfficial site · we earn no commission here |
| 13 FxPro Since 2006 | 40/99 | SCB #SIA-F184 FxPro Global Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, cTrader, Own platform | Review Visit FxProOfficial site · we earn no commission here |
| 14 XM Since 2009 | 40/99 | FSC Belize XM Global Limited | $5 | MetaTrader 4, MetaTrader 5 | Review Visit XMOfficial site · we earn no commission here |
| 15 FBS Since 2009 | 38/99 | FSC Belize FBS Markets Inc. | $5 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit FBSOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.