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Best Low Spread Forex Brokers in Singapore

Last updated October 9, 2026

The top regulated brokers offering Low Spread 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
FP Markets
FP Markets
Review
#2
Deriv
Deriv
Review
#3
Libertex
Libertex
Review
Full Comparison
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Last reviewed:
•
By:BrokerAnalysis Research Desk
•
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Oct 2026

Our 2 top picks for Low Spread in Singapore

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

#1 · Best for Low Spread in Singapore
FP Markets

FP Markets

Offers Low Spread
Min. deposit $100
  • Offers Low Spread
  • Regulated: ASIC (Australia), CySEC (Cyprus), SVG FSA
  • Minimum deposit $100
ASIC (Australia), CySEC (Cyprus), SVG FSA
#2 · Best alternative
Deriv

Deriv

Offers Low Spread
Min. deposit $5
  • Offers Low Spread
  • Regulated: MFSA (Malta), LFSA (Labuan), VFSC (Vanuatu), BVIFSC (BVI)
  • Minimum deposit $5
MFSA (Malta), LFSA (Labuan), VFSC (Vanuatu), BVIFSC (BVI)

Why these two

Both brokers here are confirmed to offer Low Spread 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 Low Spread brokers actually cost Singapore traders?

Across the 4 Low Spread brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 0.5 pips, with 3 of those figures taken from the broker's own published specification.

Low Spread brokers for Singapore traders

For Singapore traders focused on minimising trading costs, the spread is the single biggest expense. Our current ranking starts with FP Markets where it is available, followed by Deriv, Libertex, and LiteFinance. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 4 brokers for Singapore traders. The median minimum deposit across the listed brokers is $30 — 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

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 Oct 8, 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 Sep 15, 2026

LiteFinance

CySEC
No-Deposit Bonus

$50 No-Deposit Bonus — Code tryfree

$50 free trading credit for new clients with promo code tryfree. No initial deposit required.

Verified Sep 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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Key Features for Singapore Traders

8 brokers · how we rank

Compare essential features of forex brokers available to Singapore residents.

BrokerWithdrawalFX commissionYear foundedTrusted brokerRegulation & fundingAction
0.0 pips (Raw)$100Same day to 1 business day$3/lot (Raw)—Yes
No tier-1 licence listed
0.5 pips (Standard)$51 business day$0 (Spread only on most products)—Yes
No tier-1 licence listed
0.0 pips (Commission-based)$101-5 business daysFrom 0.003% per trade—Yes
No tier-1 licence listed
0.0 pips (ECN)$501-2 business daysFrom ~$5/lot (ECN)—Yes
No tier-1 licence listed
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days—2015Yes
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1Instant—2008Yes
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
RoboForex4.3/5.0
0.0 pips (Prime) | 1.4 pips (Pro)$10Instant for most electronic methods—2009Yes
FSC (Belize)
0.0 pips (ECN)$501-2 business days—2020Yes
FCA (UK)ASIC (Australia)FSCA (South Africa)
Rank 01 · best overall
FP Markets
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
FX commission
$3/lot (Raw)
Year founded
—
Trusted broker
Yes
Visit FP Markets Read review
Rank 02
Deriv
Spread
0.5 pips (Standard)
Min dep.
$5
Withdrawal
1 business day
FX commission
$0 (Spread only on most products)
Year founded
—
Trusted broker
Yes
Visit Deriv Read review
Rank 03
Libertex
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
FX commission
From 0.003% per trade
Year founded
—
Trusted broker
Yes
Visit Libertex Read review
Rank 04
LiteFinance
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
From ~$5/lot (ECN)
Year founded
—
Trusted broker
Yes
Visit LiteFinance Read review
Rank 05
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
—
Year founded
2015
Trusted broker
Yes
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read review
Rank 06
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
FX commission
—
Year founded
2008
Trusted broker
Yes
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit Exness Read review
Rank 07
RoboForex4.3/5.0
Spread
0.0 pips (Prime) | 1.4 pips (Pro)
Min dep.
$10
Withdrawal
Instant for most electronic methods
FX commission
—
Year founded
2009
Trusted broker
Yes
FSC (Belize)
Visit RoboForex Read review
Rank 08
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
—
Year founded
2020
Trusted broker
Yes
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read review

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.

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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.

FP Markets logo
Our Rating
4.5/5.0
Best ForBest for ecn 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
  • Regulation varies by entity
  • Minimum deposit: $100
  • 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
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
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
LiteFinance logo
Our Rating
4.5/5.0
Best ForBest for copy traders, beginners & cost-conscious ecn users.
Min Deposit$10 (Cent) / $50 (Classic/ECN)

LiteFinance Review Summary

LiteFinance is a multi-regulated broker with MT4, MT5, cTrader, Proprietary access, 0.0 pips (ECN) | 1.8 pips (Classic) on EUR/USD, and $10 (Cent) / $50 (Classic/ECN) minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10 (Cent) / $50 (Classic/ECN)
  • 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
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
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

Frequently Asked Questions About Low Spread Forex Brokers in Singapore

Frequently Asked Questions

The brokers listed on this page offer the tightest spreads available to Singapore traders, verified through live spread monitoring. Raw/ECN accounts consistently deliver the lowest total trading cost when spread and commission are combined.
On a raw/ECN account, a good average EUR/USD spread is 0.1-0.3 pips. On a standard account, 0.6-1.0 pips is competitive. Anything above 1.5 pips on EUR/USD is expensive by 2026 standards.
Yes — low spreads are not a red flag. Major regulated brokers like IC Markets and Pepperstone offer raw spreads from 0.0 pips and are regulated by ASIC, FCA, and CySEC. Low spreads simply mean the broker has strong liquidity provider relationships.
For traders placing more than 5 trades per day, raw spread accounts are almost always cheaper. A raw account with 0.1 pip spread + $3.50/lot commission costs less than a standard account with 1.2 pip spread (no commission). Use our brokerage fee calculator to compare.
Yes. Spreads are tightest during the London-New York overlap (peak liquidity) and widen during the Asian session and around major news events. The brokers on this page maintain competitive spreads across all sessions.
Yes. All brokers on this page accept Singapore traders and offer low-spread accounts with SGD deposit support. No geographic restriction affects the spread you receive — it depends on your account type and the broker's liquidity.
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.

Sources & References

  1. — FP Markets
  2. — Deriv
  3. — Libertex
  4. — FCA
  5. — CySEC
  6. — BrokerAnalysis

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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 — Low Spread brokers for Singapore traders

Across the 4 Low Spread brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 0.5 pips, with 3 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0 pips
Brokers measured
4
Linked to broker spec
3 of 4
Data as of
2026-10-09

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: fpmarkets.com · www2.deriv.me · libertex.org

What changes locally

  • Oversight relevant to traders in Singapore sits with MAS.