Top regulated forex and CFD brokers accepting traders from Singapore. Reviewed independently — no paid placements.
Singapore has one of the world’s strictest financial regulators, the MAS, so the market is dominated by well-capitalised, reputable brokers. Retail leverage is capped, funding is fast via PayNow/FAST in SGD, and support is offered in English and Mandarin. Quality and safety matter far more here than headline leverage.
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
Read full IG review →Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
Read full CMC Markets review →Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.
Read full Interactive Brokers review →Serious retail traders who want tier-1 regulation, tight spreads, and platform choice (MT4/5/cTrader/TradingView).
Read full Pepperstone review →US-resident traders + serious EU/UK traders wanting institutional-grade regulation and a clean proprietary platform.
Read full OANDA review → Common deposit/withdrawal methods supported by brokers accepting clients in Singapore:
Specific method availability varies per broker. Always confirm on the broker's funding page before depositing.
The Monetary Authority of Singapore (MAS) is a tier-1 regulator with strict capital and conduct rules. MAS-licensed brokers such as IG, CMC Markets and Interactive Brokers offer the strongest protection for Singapore residents. Retail leverage on major FX is capped (around 20:1) under MAS rules. Some Singaporeans open accounts with offshore brokers for higher leverage, but doing so forfeits MAS protection — not advisable for serious capital.
Experienced, higher-net-worth traders can qualify as an Accredited Investor (AI), which unlocks higher leverage and a wider product range. The trade-off is that you give up some of the retail protections MAS mandates — only opt in if you fully understand the added risk.
Singapore accounts are typically held in SGD and funded instantly via PayNow and FAST bank transfers. The leading MAS-regulated brokers pair MetaTrader with polished proprietary platforms (IG’s platform, CMC’s Next Generation) and strong research — ideal for Singapore’s sophisticated retail base.
Under MAS rules, retail leverage on major FX pairs is capped at around 20:1. Higher leverage is only available to Accredited Investors, or through offshore brokers that are not MAS-regulated — which means no MAS protection. For most traders the MAS-regulated route is the safer choice.
Singapore residents can open accounts with some offshore brokers, but those firms are not licensed or protected by MAS, and local solicitation is restricted. For safety and recourse, a MAS-regulated broker (IG, CMC Markets, Interactive Brokers) is strongly recommended.
IG and CMC Markets are the long-standing MAS-regulated leaders for forex and CFDs, with deep liquidity and strong platforms; Interactive Brokers is excellent for multi-asset and low costs. The best fit depends on whether you prioritise platform quality, product range or pricing.
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.
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.
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.
Minimum deposits across our top 5 Singapore brokers range widely — from $0 (no minimum) to $0 (no minimum). Offshore-entity accounts typically allow lower deposits; tier-1 regulated entities (FCA / CySEC / ASIC) usually require $100+.
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.
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