Finding the best forex brokers in Singapore means looking for platforms that combine strong regulation, competitive pricing, and advanced trading tools. In Singapore, forex brokers are regulated by the Monetary Authority of Singapore (MAS), one of the most respected financial regulators in the world. This ensures that licensed brokers operate transparently, protect client funds, and meet strict compliance standards.
Many Singaporean traders also explore international brokers that accept local clients, especially for broader market access and additional features. The right broker should give you fast execution, low spreads, secure platforms like MT4 or MT5, and reliable customer support. In this guide, we’ll break down the top forex brokers available in Singapore, explain what makes them trustworthy, and help you choose the one that fits your trading needs.
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.
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Best Forex Brokers In Singapore 2025
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IQ Option is a prominent global online trading platform established in 2013 by Russian entrepreneur Dmitry Zaretsky. The company quickly rose to popularity by offering accessible financial trading, initially specializing in Binary Options. While the…
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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 financial results and stable growth,…
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Eightcap is a multi-regulated broker founded in Australia and licensed by ASIC, FCA, CySEC, SCB, and FSA Seychelles. Established as both a retail and institutional solutions provider, it offers forex, commodities, indices, shares, and crypto…
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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. HFM (HF Markets) is an…
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Pepperstone is a brokerage company founded in 2010 in Australia. During the years of its operation, the company has won different awards for innovative solutions and quality services in the Forex industry. For example, according…
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CM Globals is an Australian-based brokerage operating under CM (AUST) PTY LTD, registered with the Australian Securities and Investments Commission (ASIC) and also registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC,…
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FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience. Broker’s clients are protected from negative balance; their activities are carried out in comfortable…
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InstaForex is an ECN broker, which has been providing access to the trading operations on the international monetary market since 2007. The company has more than 2,000,000 customers. Regulation InstaForex is an ECN broker, which…
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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. Today FBS offers trading more…
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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 perfecting the online experience for…
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Since launching in 1989, CMC Markets become one of the world’s leading CFD and spread betting providers. Among the pioneers of the industry and with 30 years’ experience, you can be confident that when you’re…
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Since 2008, Exness Trading Company has operated in the forex market. The Republic of Seychelles-registered business Nymstar Limited oversees the broker’s operations. Licenses from the CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and…
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Moneta Markets is a global CFD broker offering access to 1,000+ tradable instruments including forex, indices, commodities, share CFDs, ETFs, and bonds. Traders benefit from high leverage up to 1000:1, competitive ECN spreads from 0.0…
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Established in 2015 and headquartered in Mauritius, PU Prime is a multi-asset broker offering over 850 tradable instruments, including forex, commodities, indices, share CFDs, ETFs, bonds, and cryptocurrencies. Traders can choose between MetaTrader 4, MetaTrader…
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ZForex Capital Market LLC is established as a Retail Broker company that provides high-standard online forex trading services through innovative and creative learning techniques and multi-asset tools. The company aims to further develop and optimize…
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FAQs
Is forex trading legal in Singapore?
Yes, forex trading is legal and regulated by the Monetary Authority of Singapore (MAS).
Who regulates fx brokers in Singapore?
The Monetary Authority of Singapore (MAS) regulates licensed forex brokers.
Can I trade with international brokers in Singapore?
Yes, many global brokers accept Singaporean traders, but MAS-regulated brokers offer the highest security.
What should I look for in the best brokers in Singapore?
Focus on MAS regulation, low spreads, trading platforms, and reliable support.
Are MAS regulated brokers safer?
Yes, MAS enforces strict rules to protect investors and ensure fair trading.
Do forex brokers in Singapore offer leverage?
Yes, but MAS sets limits on leverage to reduce trading risks.
Which platforms do Singapore brokers usually support?
Most brokers offer MetaTrader 4 (MT4), MetaTrader 5 (MT5), or proprietary platforms.
Can beginners trade forex in Singapore?
Yes, many brokers provide demo accounts, education resources, and beginner-friendly tools.
