IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.
Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
UAE-headquartered broker regulated by FSRA (Abu Dhabi Global Market) and FCA, providing institutional-quality execution and capital markets access to GCC institutional and high-net-worth retail traders.
Swiss banking heritage with exceptional fund security, the broadest asset range in retail trading, and FINMA oversight - though minimum deposits are high.
ASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.
Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.
FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.
Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.
No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.
Fixed spreads from 0.6 pips with no commission, no minimum deposit, and strong FCA and ASIC regulation - simple, transparent pricing for cost-conscious traders.
ASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.
ASIC-regulated Australian broker with 10,000+ instruments including DMA equities, well-positioned for Asian traders who want Australian regulatory standards alongside a broad asset range.
Fixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
MAS operates one of Asia’s most rigorous retail forex frameworks. Understanding the Capital Markets Services licence requirements and client protection rules helps you choose a broker with confidence.
Forex trading is regulated in Singapore. The country currently has 33 brokers operating under its regulatory framework. Always verify a broker's licence with the MAS before depositing funds.
Look for brokers regulated by the MAS or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the MAS are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under MAS rules, traders in Singapore are subject to local leverage restrictions, capped at 1:20 for major pairs. Check the specific broker's terms for the leverage available to residents of Singapore.
Yes. Most brokers available in Singapore offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
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