Best DAX 40 CFD Forex Brokers in Singapore

Last updated July 30, 2026

The top regulated brokers offering DAX 40 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
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Singapore

#1
Libertex
Libertex
Review
#2
TIO Markets
TIO Markets
Review
#3
Deriv
Deriv
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

Our 2 top picks for DAX 40 CFD in Singapore

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for DAX 40 CFD in Singapore
Libertex

Libertex

Offers DAX 40 CFD
Min. deposit $10
  • Offers DAX 40 CFD
  • Regulated: CySEC (Cyprus)
  • Minimum deposit $10
CySEC (Cyprus)
#2 · Best alternative
TIO Markets

TIO Markets

Offers DAX 40 CFD
Min. deposit $50
  • Offers DAX 40 CFD
  • Regulated: FCA (UK)
  • Minimum deposit $50
FCA (UK)

Why these two

Both brokers here are confirmed to offer DAX 40 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 are the best DAX 40 CFD brokers in Singapore in 2026?

The best DAX 40 (GER40) CFD brokers for Singapore in 2026 offer spreads from 0.5 points during European hours, leverage up to 1:200, and reliable execution during ECB announcements.

DAX 40 CFD brokers for Singapore traders

The DAX 40 (GER40/DE40) is Europe's most important stock market index, tracking the 40 largest companies on the Frankfurt Stock Exchange — including SAP, Siemens, Allianz, Deutsche Telekom, and BMW. Our current ranking starts with Libertex where it is available, followed by TIO Markets, Deriv, and VT Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Country Offers

Available 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.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

Up to 90% Daily Spread Rebates

Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

Verified Jun 15, 2026

FP Markets

ASIC (Australia)
Cashback / Rebate

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

VT Markets

ASIC
Welcome Bonus

100% Deposit Bonus + Free Telegram Signals

100% deposit bonus + free Telegram signals. Join @unshakabletraders — VT Markets registration link is pinned inside.

Verified May 24, 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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Key Features for Singapore Traders

BrokerLink
LibertexFrom 0.003% per trade$10Open
TIO MarketsConfirm current terms directly$50Open
Deriv$0 (Spread only on most products)$5Open
VT MarketsN/A$50Open
ExnessN/A$1Open
RoboForexN/A$10Open
FP MarketsN/A$100Open
Moneta MarketsN/A$50Open

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.

Libertex logo
Our Rating
4.5/5.0
Best ForBest for zero-spread commission-based traders.
Min Deposit$10

Libertex Review Summary

Libertex is a multi-regulated broker with Libertex Web, Libertex Mobile, MT4, MT5 access, 0.0 pips (Commission-based) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
TIO Markets logo
Our Rating
4.5/5.0
Best ForBest for traders who have independently verified current terms and accept the trust concerns disclosed in our review.
Min Deposit$50

TIO Markets Review Summary

TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Competitive spread structure — compare account types before opening
Deriv logo
Our Rating
4.5/5.0
Best ForBest for synthetic indices traders & digital options users.
Min Deposit$5

Deriv Review Summary

Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Competitive spread structure — compare account types before opening
VT Markets logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

VT Markets Review Summary

VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • 100% deposit bonus on first deposit (minimum deposit $50)
  • Raw ECN account with 0.0 pip spread potential
  • MT4 and MT5 available across desktop and mobile
  • Free Telegram signals funnel through Unshakable Traders
Cons
  • Entity, leverage, and protection level vary by country
  • Free signals are educational support, not profit guarantees
  • Traders still need to manage risk and verify terms before depositing
Exness logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

Exness Review Summary

Exness is a multi-regulated broker with MT4, MT5, Exness Terminal, Exness Trade App access, 0.0 pips (Raw) | 0.2 pips (Standard) on EUR/USD, and $1 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Ultra-tight spreads from 0.0 pips
  • Instant automated withdrawals 24/7
  • Unlimited leverage options
  • Free VPS for active traders
Cons
  • No cTrader or TradingView integration
  • Educational resources are relatively basic
  • Not available to US clients
RoboForex logo
Our Rating
4.3/5.0
Best ForHigh-leverage traders, automated trading & varied account types
Min Deposit$10

RoboForex Review Summary

RoboForex is a multi-regulated broker with MT4, MT5, cTrader, R StocksTrader access, 0.0 pips (Prime) | 1.4 pips (Pro) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Extreme leverage available up to 1:2000
  • Massive variety of account types including specific Cent accounts
  • Robust proprietary CopyFX social trading system
  • Daily withdrawals process very quickly
Cons
  • Lacks Tier-1 regulation (regulated only in Belize)
  • Not available to US, UK, or EU residents natively
  • Website interface is somewhat dated and cluttered
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

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
Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

Moneta Markets Review Summary

Moneta Markets is a multi-regulated broker with MT4, MT5, AppTrader, ProTrader access, 0.0 pips (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • FCA and ASIC regulated
  • ECN spreads from 0.0 pips
  • Native CopyTrader + DupliTrade copy trading
  • Low $50 minimum deposit
Cons
  • Relatively newer brand vs. legacy competitors
  • Ultra ECN tier needs $20,000

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Our signal community runs on VT Markets partnership access. Here is the full offer and activation process.

Get Free Signals → Join @unshakabletraders

Join @unshakabletraders on Telegram — free signals, copy trading guide, and daily updates

Signals are provided free through our VT Markets partnership. Join the community and the registration link is pinned at the top.

Frequently Asked Questions About DAX 40 CFD Forex Brokers in Singapore

Frequently Asked Questions

The best DAX 40 (GER40) CFD brokers for Singapore traders offer spreads under 1 point during European hours, flexible leverage, and reliable execution during ECB events. All listed brokers accept SGD deposits.
The DAX is a total-return index — dividends are automatically reinvested in the calculation. This means the DAX appears to perform better on charts vs price-only indices (S&P 500, FTSE 100). It also has 40 components (expanded from 30 in 2021).
Key drivers: ECB interest rate decisions, German IFO Business Climate Index, ZEW Economic Sentiment, eurozone PMI data, automotive sector news, China trade data (major German export market), and broader EU political developments.
Peak liquidity during Frankfurt market hours (08:00-16:30 CET). Tightest spreads 09:00-15:00 CET. Key overlap with US markets (15:30-17:30 CET) adds volume. ECB announcements (13:45 CET) create the biggest intraday moves.
DAX: total-return, German manufacturing, 40 stocks. FTSE 100: UK blue-chips, commodity-heavy, price-only. CAC 40: French luxury/energy, price-only. The DAX is most popular for CFD traders due to tightest spreads and highest intraday volatility.
DAX CFD leverage: 1:5 under ESMA (EU), 1:20 under ASIC, up to 1:200 with offshore brokers. The DAX's moderate volatility makes it suitable for moderate leverage strategies.

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

  1. FCA
  2. CySEC
  3. ASIC
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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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.