Best Forex Brokers In Singapore 2024

In the fast-paced world of Forex trading, choosing the right broker is crucial for success. If you’re a trader in Singapore, navigating the multitude of options can be overwhelming. To help you make an informed decision, we’ve curated a list of the best Forex brokers in Singapore, combining reliability, regulatory compliance, and user-friendly features.

Forex Regulation in Singapore

The Monetary Authority of Singapore (MAS) is the central bank of Singapore and plays a crucial role in regulating the foreign exchange (Forex) market. The MAS’s Forex regulations aim to maintain financial stability, promote transparency, and protect investors. The MAS’s primary objective is to ensure price stability, which is essential for long-term economic growth. It achieves this by managing the Singapore dollar’s nominal effective exchange rate (NEER) within a policy band.

Best Forex Brokers In Singapore 2023

AssetsFX

Start Trading

Full Review

AssetsFX, a Forex broker established in 2013, provides online currency trading and CFD trading on metals, indices, and US and EU stocks. With over 180,000 traders worldwide, AssetsFX is known…

Founded :

2013

Headquarters :

Mauritius

Regulation :

FSC Mauritius registration number C207079 GBC and license number GB23201811.

Trading Desk :

ECN/STP

Min Deposit :

Leverage :

1:500

Platforms :

MT4/MT5, Webtrader

RoboForex

Start Trading

Full Review

RoboForex Ltd, established in 2009, is a globally recognized financial brokerage company adhering to stringent regulatory standards under the Financial Services Commission of Belize. It offers diverse account types suited…

Founded :

2009

Headquarters :

Belize

Regulation :

FSC license No. 000138/333.

Trading Desk :

ECN

Min Deposit :

Leverage :

1:1000

Platforms :

MetaTrader 4, MetaTrader 5, cTrader, R WebTrader, R MobileTrader, R StocksTrader

FXRoad

Start Trading

Full Review

FXRoad is a leading online trading platform very low trading costs, charges no fees for deposits and withdrawals, and offers a great trading app powered by TradingView. FXRoad offers range…

Founded :

2023

Headquarters :

Mahe Seychelles

Regulation :

FSA Seychelles with a registration number 8426168-1

Trading Desk :

ECN

Min Deposit :

$250

Leverage :

1:200

Platforms :

WebTrader, FXRoad iOS App and FXRoad Android App

CapPlace

Start Trading

Full Review

CapPlace is a leading online trading platform, developed in providing traders of all levels with advanced analytical tools, a user-friendly interface and access to a diverse range of financial instruments…

Founded :

2023

Headquarters :

Comoros

Regulation :

MISA – MWALI International Services Authority license number T2023294

Trading Desk :

ECN

Min Deposit :

$250

Leverage :

1:200

Platforms :

Japanese

Finex

Start Trading

Full Review

FINEX is a leading broker providing the best conditions for trading Forex currencies, commodities and indices. FINEX founded in 2012 and are supervised by the regulator in Indonesia, namely BAPPEBTI…

Founded :

2012

Headquarters :

Indonesia

Regulation :

BAPPEBTI

Trading Desk :

ECN

Min Deposit :

$10

Leverage :

1:500

Platforms :

MT5

Bold Prime

Full Review

Bold Prime was founded by several teams of experts in multiple sectors of the financial services industry who came together in collaboration to create an amalgamation of all the features,…

Founded :

2020

Headquarters :

Saint Vincent and the Grenadines

Regulation :

SVG FSA, International Business Companies

Trading Desk :

ECN

Min Deposit :

$15

Leverage :

1:2000

Platforms :

MT5, MT4

Doo Prime

Full Review

Doo Prime Review Doo Prime, an online Forex and CFD trading company headquartered in the Cayman Islands, is a part of the Doo Group company. The company offers clients access…

Founded :

2014

Headquarters :

Vanuatu

Regulation :

Regulated by the SEC and FINRA in the U.S., the FCA in the UK, the ASIC in Australia, the FSA in Seychelles, the FSC in Mauritius, and the FSC in Vanuatu.

Trading Desk :

ECN/STP

Min Deposit :

Leverage :

1:1000

Platforms :

MT4, MT5, Doo Prime InTrad, TradingView

Trive Invest

Start Trading

Full Review

Trive Investment B.V. delivers investment services through its investment platform. It has wholly owned subsidiaries spanning the globe from the United States to Europe, Africa, the Middle East, Indonesia, Australia,…

Founded :

2023

Headquarters :

British Virgin Islands

Regulation :

BVI FSC Regulated

Trading Desk :

ECN

Min Deposit :

Leverage :

1:2000

Platforms :

MT4, MT5

ATROPI

Full Review

ATROPI LLC, is a global financial company which provides Forex Brokerage services to costumers around the world. The company has more than 12 years experience on online brokerage services, Which…

Founded :

2021

Headquarters :

Saint Vincent and the Grenadines

Regulation :

Comoros Mwali International Service Authority

Trading Desk :

ECN

Min Deposit :

$10

Leverage :

1:1000

Platforms :

MT5

XTrend Speed

Full Review

Exploring XTrend Speed, a Multi-Asset Trading Provider. If you’re in the market for trading in forex, indices, commodities, stocks and cryptocurrencies, then XTrend Speed might be the right choice for…

Founded :

2016

Headquarters :

South Africa

Regulation :

XTrend Speed is regulated by FSCA. The FSP license number is 23497.

Trading Desk :

ECN

Min Deposit :

Leverage :

1:300

Platforms :

MT5, Proprietary

FXGT.com

Start Trading

Full Review

FXGT is a new breed of Forex broker. FXGT is the upshot of the digital transformation of currency markets and the widespread adoption of cryptocurrencies. We offer traders the stability…

Founded :

2019

Headquarters :

Seychelles

Regulation :

Financial Sector Conduct Authority (South Africa), Financial Services Authority (Seychelles), License number SD019

Trading Desk :

ECN/STP, Market Maker

Min Deposit :

Leverage :

1:1000

Platforms :

MT4, MT5, Web, Mobile

Tickmill

Full Review

Tickmill is a trading name of Tickmill Ltd, a member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA). With a proven track record of strong…

Founded :

2014

Headquarters :

Seychelles

Regulation :

FSA, FSC, CySEC, Labuan FSA, FSCA, FCA, BaFin, CONSOB, ACPR & CNMV

Trading Desk :

DMA, ECN

Min Deposit :

100

Leverage :

1:500

Platforms :

MT4, MT5 & Web Trader

FBS Markets

Full Review

FBS Markets is an authorized provider of online foreign exchange trading services. Being an ECN/STP broker, it provides its clients with a wide range of services and competitive trading environment….

Founded :

2009

Headquarters :

Belize

Regulation :

IFSC, license IFSC/000102/310

Trading Desk :

ECN

Min Deposit :

Leverage :

1:3000

Platforms :

MT4, MT5

AvaTrade

Full Review

AvaTrade has been an innovative pioneer in online trading since 2006. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of…

Founded :

2006

Headquarters :

Ireland

Regulation :

Central Bank of Ireland, ASIC, FSA, FSCA

Trading Desk :

ECN

Min Deposit :

100

Leverage :

1:1000

Platforms :

AvaTradeGo, AvaOption, MT4, MT5

HF Markets (HotForex)

Full Review

HF Markets (HotForex.com) is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software….

Founded :

2011

Headquarters :

Regulation :

CySEC, FCA, DFSA, FSCA, FSA

Trading Desk :

ECN

Min Deposit :

Leverage :

1:1000

Platforms :

MT4, MT5

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Table of Contents

Best Forex Brokers In Singapore 2023

AssetsFX

RoboForex

FXRoad

CapPlace

Finex

Bold Prime

Doo Prime

Trive Invest

ATROPI

XTrend Speed

FXGT.com

Tickmill

FBS Markets

AvaTrade

HF Markets (HotForex)

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