Forex Brokers in Singapore
The Monetary Authority of Singapore (MAS) is a regulator for regulating the financial industry in Singapore. MAS is a highly regarded regulator that has contributed to turning Singapore into one of the most reputable jurisdictions for forex trading in Asia, after having seen strong growth in its financial sector over the past few decades.
Singapore is also a business-friendly country, which has led many of the largest global forex brokers to set up their regional headquarters in the city-state. Forex trading remains popular among Singaporeans, and the country is home to many high-profile independent traders.
| Broker | Regulation | Max Leverage | Min Deposit | General Rating | |
|---|---|---|---|---|---|
|
Plus500 Singapore 2008 |
ASIC 417727 CySEC, 250/14 FCA (UK), 509909 FSCA (South Africa), 47546 ISA (Israel), 5 Monetary Authority of Singapore, 2017-12-11 |
1:300 | $100 | Review | |
|
OANDA Singapore 1995 |
CFTC/NFA 0325821 FCA (UK), 54257 FSA (Japan), 1571 Kanto Local Finance Bureau (Japan), 2137 MFSA, 18.12.2020 |
1:50 | $1 | Review | |
|
CMC Markets Singapore 1989 |
FCA (UK) 173730 |
1:500 | $1 | Review | |
|
IG Singapore 1974 |
CFTC/NFA, 0509630 FCA (UK), 195355 |
1:50 | $1 | Review | |
|
FIBOGroup Singapore 1998 |
CySEC 118/10 FSC (BVI), SIBA/L/14/1063 |
1:1000 | $1 | Review | |
|
ICM Capital Singapore 2009 |
FCA (UK), 520965 Jordan Securities Commission 02.04.2020 |
1:30 | $200 | Review | |
|
Blackwell Global Singapore 2010 |
ASIC, 400364 FCA (UK), 590313 FSP (New Zealand) 3061 SFC (Hong Kong), BGX296 |
1:30 | $5000 | Review | |
|
ForexChief Singapore 2014 |
Ministry of Finance and Economic Management (Vanuatu) 14777 |
1:1000 | $50 | Review | |
|
Land-FX Singapore 2013 |
FCA (UK), 709866 FSP (New Zealand), FSP264385 |
1:500 | $300 | Review | |
|
TegasFX Singapore 2016 |
Ministry of Finance and Economic Management (Vanuatu), 14697 |
1:200 | $200 | Review | |
|
CMS Trader Singapore 2013 |
None | 1:400 | $500 | Review | |
|
ayondo Singapore 2008 |
None | 1:200 | $100 | Review | |
|
Axi Singapore 2007 |
ASIC, 318232 DFSA (Dubai) 2758 FCA (UK), 509746 FSCL (New Zealand), FSP518226 |
1:400 | $1 | Review |
If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
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