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Best Forex Brokers in Singapore (2026)

Top regulated forex and CFD brokers accepting traders from Singapore. Reviewed independently — no paid placements.

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RegionAsia
Local currencySGD
RegulatorMAS
LanguagesEnglish + Mandarin

Top 6 forex brokers for Singapore traders

#1

IG

★★★★★ 4.6 / 5
Open account
  • RegulatorsFCA · ASIC · BaFin
  • Min. deposit$0 (no minimum)
  • Spreads from0.6 pips (FX) / 0.4 points (FTSE)
  • PlatformsIG WebTrader · MT4

Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.

Read full IG review →
#2

Saxo Bank

★★★★★ 4.7 / 5
Open account
  • RegulatorsFSA Denmark · FCA · ASIC
  • Min. deposit$0 (Classic) / $200K (Platinum) / $1M (VIP)
  • Spreads from0.6 pips (Classic) / 0.4 pips (Platinum) / 0.3 pips (VIP)
  • PlatformsSaxoTraderGO · SaxoTraderPRO

Serious traders with $10K+ deposits wanting institutional-grade market access from a regulated Danish bank.

Read full Saxo Bank review →
#3

CMC Markets

★★★★★ 4.5 / 5
Open account
  • RegulatorsFCA · ASIC · BaFin
  • Min. deposit$0 (no minimum)
  • Spreads from0.7 pips (Next Generation)
  • PlatformsCMC Next Generation · MT4

Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.

Read full CMC Markets review →
#4

IC Markets

★★★★★ 4.7 / 5
Open account
  • RegulatorsASIC · CySEC · FSA Seychelles
  • Min. deposit$200
  • Spreads from0.0 pips (Raw Spread)
  • PlatformsMT4 · MT5

Active scalpers, algorithmic traders, and high-volume traders who prioritise execution quality and tight raw spreads.

Read full IC Markets review →
#5

Pepperstone

★★★★★ 4.7 / 5
Open account
  • RegulatorsFCA · ASIC · CySEC
  • Min. deposit$0 (no minimum)
  • Spreads from0.0 pips (Razor)
  • PlatformsMT4 · MT5

Serious retail traders who want tier-1 regulation, tight spreads, and platform choice (MT4/5/cTrader/TradingView).

Read full Pepperstone review →
#6

Interactive Brokers

★★★★★ 4.8 / 5
Open account
  • RegulatorsSEC/FINRA · FCA · ASIC
  • Min. deposit$0 (no minimum)
  • Spreads from0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks)
  • PlatformsTrader Workstation (TWS) · IBKR Mobile

Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.

Read full Interactive Brokers review →
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Payment methods for Singapore traders

Common deposit/withdrawal methods supported by brokers accepting clients in Singapore:

  • 💳FAST
  • 💳PayNow
  • 💳debit card
  • 💳crypto

Specific method availability varies per broker. Always confirm on the broker's funding page before depositing.

Frequently asked — forex trading in Singapore

What is the best forex broker in Singapore?

Our #1 ranked broker for Singapore is IG — regulated by FCA and ASIC, with a minimum deposit of $0 (no minimum) and spreads from 0.6 pips (FX) / 0.4 points (FTSE). Best for: serious traders wanting institutional-grade regulation, deep market access, and dma capability.

Is forex trading legal in Singapore?

Forex trading in Singapore is regulated by MAS. Trading with brokers regulated either domestically or by a tier-1 international regulator (FCA, CySEC, ASIC, DFSA, BaFin) is the safest option. We recommend avoiding brokers regulated only by offshore-only authorities for serious capital.

What payment methods can I use to fund my account from Singapore?

The most common payment methods for Singapore traders are: FAST, PayNow, debit card, crypto. Crypto deposits are increasingly popular for jurisdictions with FX controls. Bank-wire transfers remain the safest for large deposits.

What's the minimum deposit at the best Singapore brokers?

Minimum deposits across our top 6 Singapore brokers range widely — from $0 (Classic) / $200K (Platinum) / $1M (VIP) to $200. Offshore-entity accounts typically allow lower deposits; tier-1 regulated entities (FCA / CySEC / ASIC) usually require $100+.

What's the local language support situation?

Brokers serving Singapore commonly offer support in: English + Mandarin. Customer support quality in local languages varies — the top-tier brokers in our shortlist have native-speaker teams; smaller brokers may rely on translation.

Related pages: Top Asia brokers · Match quiz · All broker reviews