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Verified Jun 15, 2026
Best CFD Forex Brokers in Singapore
Last updated September 2, 2026
The top regulated brokers offering CFD accounts to Singapore traders — compared on spreads, fees, regulators, and minimum deposit.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Personalized broker matching
Need a faster shortlist than reading every Singapore page?
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for CFD in Singapore
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for CFD in Singapore
IC Markets
Offers CFDMin. deposit $200
- Offers CFD
- Regulated: ASIC, CySEC, Seychelles, SCB
- Minimum deposit $200
ASIC, CySEC, Seychelles, SCB
#2 · Best alternative
FP Markets
Offers CFDMin. deposit $100
- Offers CFD
- Regulated: ASIC, CySEC, SVG
- Minimum deposit $100
ASIC, CySEC, SVG
Why these two
Both brokers here are confirmed to offer CFD for Singapore traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Singapore.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What do CFD brokers actually cost Singapore traders?
Across the 10 CFD brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.55 pips, ranging from 0.0 to 1.4 pips, with 7 of those figures taken from the broker's own published specification.
CFD brokers for Singapore traders
CFD trading from Singapore gives you access to forex, indices, commodities, stocks, and crypto through a single broker account — without owning the underlying assets. Our current ranking starts with IC Markets where it is available, followed by FP Markets, IG Singapore, and Saxo Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 10 brokers for Singapore traders. The median minimum deposit across the listed brokers is $100 — low — most traders can start with a modest balance. Local oversight for Singapore traders sits with MAS. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Singapore sits with MAS.
Country Offers
Browse All PromotionsAvailable offers for Singapore traders
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.
Cashback / Rebate
FP Markets
ASIC (Australia)Refer a Friend: Earn up to $200
Referral bonus pays $50-$200 after a friend funds and trades the required volume.
Verified Jun 15, 2026
Local conversion checklist
What Singapore traders should verify first
Regulation and legal status
Prioritize MAS-regulated or MAS-authorized entities where available, then clearly disclose offshore entity trade-offs.
Local payment methods
Show SGD funding support, card deposits, bank transfer, Wise, and local bank compatibility.
Singapore traffic is English-speaking and high-intent, so the first broker card should make regulation and SGD funding obvious.
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Quick Rankings
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FIND MY BROKERKey Features for Singapore Traders
7 brokers · how we rank
Compare essential features of forex brokers available to Singapore residents.
| Broker | Withdrawal | FX commission | Time to open account | USDJPY spread | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | $3.50/lot (Raw Spread) | — | — | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
| 0.0 pips (Raw) | $100 | Same day to 1 business day | $3/lot (Raw) | — | — | ASIC (Australia)CySEC (Cyprus)SVG FSA | |
| 0.6 | S$0 | 2-5 business days | None | Same day | 0.7 | No tier-1 licence listed | ||
| 0.6 | S$3000 | 1-2 business days | None | 1-2 days | 0.6 | No tier-1 licence listed | ||
| 1.2 | S$0 | 1-3 business days | None | Same day | 1.0 | No tier-1 licence listed | ||
| 0.7 | S$0 | 1-2 business days | None | Same day | 0.7 | No tier-1 licence listed | ||
| 0.8 | S$150 | 1-3 business days | None | Same day | 0.9 | No tier-1 licence listed |
Rank 01 · best overall
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
FX commission
$3.50/lot (Raw Spread)
Time to open account
—
USDJPY spread
—
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read reviewRank 02
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
FX commission
$3/lot (Raw)
Time to open account
—
USDJPY spread
—
ASIC (Australia)CySEC (Cyprus)SVG FSA
Visit FP Markets Read reviewRank 03
Spread
0.6
Min dep.
S$0
Withdrawal
2-5 business days
FX commission
None
Time to open account
Same day
USDJPY spread
0.7
Rank 04
Spread
0.6
Min dep.
S$3000
Withdrawal
1-2 business days
FX commission
None
Time to open account
1-2 days
USDJPY spread
0.6
Rank 05
Spread
1.2
Min dep.
S$0
Withdrawal
1-3 business days
FX commission
None
Time to open account
Same day
USDJPY spread
1.0
Rank 06
Spread
0.7
Min dep.
S$0
Withdrawal
1-2 business days
FX commission
None
Time to open account
Same day
USDJPY spread
0.7
Rank 07
Spread
0.8
Min dep.
S$150
Withdrawal
1-3 business days
FX commission
None
Time to open account
Same day
USDJPY spread
0.9
We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200
IC Markets Review Summary
IC Markets is an True ECN broker regulated by ASIC (Australia), CySEC (Cyprus), Seychelles FSA, SCB (Bahamas). Best suited to Scalpers, EA traders & low-latency algorithmic trading. EUR/USD from 0.0 pips (Raw) | 0.8 pips (Standard), minimum deposit $200.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
- Excellent support for cTrader and TradingView
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity
- Basic research and educational material
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100
FP Markets Review Summary
FP Markets is an ECN / DMA broker regulated by ASIC (Australia), CySEC (Cyprus), SVG FSA. Best suited to ECN traders, scalpers & Australian clients. EUR/USD from 0.0 pips (Raw), minimum deposit $100.
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content
Our Rating
4.5/5.0
Best ForBest overall forex broker in Singapore.
Min DepositS$0
IG Singapore Review Summary
IG Singapore is MAS-regulated and offers world-class trading platforms, excellent research, and over 17,000 markets accessible to Singaporean traders.
Pros
- Regulation varies by entity
- Minimum deposit: S$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Our Rating
4.5/5.0
Best ForPremium multi-asset trading for professionals.
Min DepositS$3000
Saxo Markets Review Summary
Saxo Markets Singapore provides access to 185 forex pairs plus global stocks, bonds, and derivatives through their award-winning SaxoTraderGO platform.
Pros
- Regulation varies by entity
- Minimum deposit: S$3000
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Our Rating
4.5/5.0
Best ForTrusted forex specialist since 1996.
Min DepositS$0
OANDA Review Summary
OANDA is one of the oldest MAS-licensed forex brokers, known for transparent pricing, flexible position sizing, and reliable execution.
Pros
- Regulation varies by entity
- Minimum deposit: S$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForNext-gen platform with 9,000+ instruments.
Min DepositS$0
CMC Markets Review Summary
CMC Markets Singapore offers their powerful Next Generation platform with extensive charting, pattern recognition, and over 330 forex pairs.
Pros
- Regulation varies by entity
- Minimum deposit: S$0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Plus500 Review Summary
Plus500 offers a user-friendly web-based platform for trading CFDs. Simple interface ideal for beginners, no commissions on trades.
Pros
- Regulation varies by entity
- Minimum deposit: S$150
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Frequently Asked Questions About CFD Forex Brokers in Singapore
Frequently Asked Questions
The best CFD brokers for Singapore traders offer competitive spreads across multiple asset classes (not just forex), reliable SGD deposits, and strong regulation. All brokers on this page are verified for Singapore availability.
When you buy a stock, you own a share of the company. When you trade a stock CFD, you speculate on price movement without ownership. CFDs allow leverage and short-selling, but carry higher risk and overnight financing costs.
Leverage varies by regulation and asset class. EU/UK/AU-regulated brokers offer up to 1:30 for forex, 1:20 for indices, 1:10 for commodities. Offshore brokers may offer 1:500+ but with less regulatory protection.
CFD trading is legal in most countries including Singapore, though it is banned in the US and restricted in some markets. The brokers listed here accept Singapore residents and hold valid licences.
Three cost components: (1) spread — the gap between buy and sell price; (2) commission — some brokers charge per-lot; (3) overnight swap — a financing charge for holding positions past the daily rollover. Day traders avoid swaps.
Forex (EUR/USD, GBP/USD), stock indices (S&P 500, NASDAQ, DAX), commodities (gold, oil), and cryptocurrency CFDs (Bitcoin, Ethereum). Multi-asset CFD brokers let you trade all of these from one account.
Forex trading in Singapore: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by MAS. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.
Top Searched Questions
How is forex trading regulated in Singapore?
The Monetary Authority of Singapore (MAS) regulates forex brokers under the Securities and Futures Act. MAS-licensed brokers must meet high capital requirements and maintain client fund segregation. Leverage is capped at 50:1 for retail clients. Singapore's regulatory framework is considered Tier-1 globally.
Information automatically localized based on "forex trading singapore" and related trends.
Sources & References
- IG — published spread specification— IG (2026)
- IC Markets — published spread specification— IC Markets (2026)
- OANDA — published spread specification— OANDA (2026)
- CMC Markets — published spread specification— CMC Markets (2026)
- Forex.com — published spread specification— Forex.com (2026)
- FP Markets — published spread specification— FP Markets (2026)
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.
How we measured this — CFD brokers for Singapore traders
Across the 10 CFD brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.55 pips, ranging from 0.0 to 1.4 pips, with 7 of those figures taken from the broker's own published specification.
- median researched EUR/USD spread
- 0.55 pips
- Brokers measured
- 10
- Linked to broker spec
- 7 of 10
- Data as of
- 2026-09-02
Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.
Sources: ig.com · icmarkets.com · oanda.com · cmcmarkets.com · forex.com · fpmarkets.com · eightcap.com
What changes locally
- Oversight relevant to traders in Singapore sits with MAS.