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Best MT4 Forex Brokers in Singapore

Last updated October 9, 2026

The top regulated brokers offering MT4 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
TIO Markets
TIO Markets
Review
#2
FP Markets
FP Markets
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 MT4 in Singapore

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

#1 · Best for MT4 in Singapore
TIO Markets

TIO Markets

Offers MT4
Min. deposit $50
  • Offers MT4
  • Regulated: FCA (UK)
  • Minimum deposit $50
FCA (UK)
#2 · Best alternative
FP Markets

FP Markets

Offers MT4
Min. deposit $100
  • Offers MT4
  • Regulated: ASIC (Australia), CySEC (Cyprus), SVG FSA
  • Minimum deposit $100
ASIC (Australia), CySEC (Cyprus), SVG FSA

Why these two

Both brokers here are confirmed to offer MT4 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 MT4 brokers actually cost Singapore traders?

Across the 3 MT4 brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 1.0 pips, with 2 of those figures taken from the broker's own published specification.

MT4 brokers for Singapore traders

MetaTrader 4 remains the most popular forex trading platform worldwide, and Singapore traders are no exception. Our current ranking starts with TIO Markets where it is available, followed by FP Markets, Libertex, and VT Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 3 brokers for Singapore traders. The median minimum deposit across the listed brokers is $50 — 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

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 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 commissionWithdrawal feeDeposit feeRegulation & fundingAction
From ~1.0 pips (confirm current terms)$50Confirm current terms directly$0 (spread only, confirm current terms)Confirm current termsFree (advertised)
No tier-1 licence listed
0.0 pips (Raw)$100Same day to 1 business day$3/lot (Raw)——
No tier-1 licence listed
0.0 pips (Commission-based)$101-5 business daysFrom 0.003% per trade——
No tier-1 licence listed
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days———
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1Instant———
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
RoboForex4.3/5.0
0.0 pips (Prime) | 1.4 pips (Pro)$10Instant for most electronic methods———
FSC (Belize)
0.0 pips (ECN)$501-2 business days———
FCA (UK)ASIC (Australia)FSCA (South Africa)
HFM4.5/5.0
1.0 pips (Premium) | 0.0 pips (Zero)$024 hours———
FCA (UK)CySEC (Cyprus)DFSA (Dubai)
Rank 01 · best overall
TIO Markets
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
FX commission
$0 (spread only, confirm current terms)
Withdrawal fee
Confirm current terms
Deposit fee
Free (advertised)
Visit TIO Markets Read review
Rank 02
FP Markets
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
FX commission
$3/lot (Raw)
Withdrawal fee
—
Deposit fee
—
Visit FP Markets 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
Withdrawal fee
—
Deposit fee
—
Visit Libertex Read review
Rank 04
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
—
Withdrawal fee
—
Deposit fee
—
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read review
Rank 05
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
FX commission
—
Withdrawal fee
—
Deposit fee
—
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit Exness Read review
Rank 06
RoboForex4.3/5.0
Spread
0.0 pips (Prime) | 1.4 pips (Pro)
Min dep.
$10
Withdrawal
Instant for most electronic methods
FX commission
—
Withdrawal fee
—
Deposit fee
—
FSC (Belize)
Visit RoboForex Read review
Rank 07
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FX commission
—
Withdrawal fee
—
Deposit fee
—
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read review
Rank 08
HFM4.5/5.0
Spread
1.0 pips (Premium) | 0.0 pips (Zero)
Min dep.
$0
Withdrawal
24 hours
FX commission
—
Withdrawal fee
—
Deposit fee
—
FCA (UK)CySEC (Cyprus)DFSA (Dubai)
Visit HFM 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.

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.

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
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
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
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
HFM logo
Our Rating
4.5/5.0
Best ForBonus hunters, high leverage users & versatile traders
Min Deposit$0

HFM Review Summary

HFM is a multi-regulated broker with MT4, MT5, HFM App access, 1.0 pips (Premium) | 0.0 pips (Zero) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Excellent mobile app functionality with in-app trading
  • No minimum deposit required to start
  • Zero account features competitive 0.0 pip spreads with low commission
  • Massive variety of bonus and promotional programs (outside EU/UK)
Cons
  • No proprietary desktop platform (relies on MT4/MT5)
  • Account types and regulations can be confusing to navigate
  • Not available to US or Canadian traders

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The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready.

Frequently Asked Questions About MT4 Forex Brokers in Singapore

Frequently Asked Questions

All brokers on this page offer MetaTrader 4 to Singapore traders with full functionality: automated trading (EAs), custom indicators, one-click execution, and mobile apps. SGD deposits are supported.
Yes. While MetaQuotes has stopped issuing new MT4 licenses, existing broker integrations continue to work. All brokers on this page maintain active MT4 server infrastructure. Some also offer MT5 alongside MT4.
MT4 has the larger EA ecosystem and is simpler to use. MT5 offers more timeframes (21 vs 9), built-in DOM, and support for stocks/futures. For forex-only trading with EAs, MT4 is usually preferred. For multi-asset trading, choose MT5.
Yes. All MT4 brokers on this page allow Expert Advisors (automated trading). Some brokers offer free VPS hosting for EA users, reducing latency. Check each broker's EA policy — a few restrict certain high-frequency EA strategies.
Yes. MT4 mobile apps are available for iOS and Android, offering chart analysis, order management, and account monitoring. However, EA execution requires the desktop or VPS version — mobile does not run automated strategies.
Download MT4 from your broker's website — each broker provides their own branded MT4 build with pre-configured server settings. The generic MT4 download from MetaQuotes may not include your broker's servers.
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

Which brokers offer the best MT4 trading experience?

The best MT4 brokers combine raw spreads from 0.0 pips, sub-50ms execution, free VPS hosting, and full support for Expert Advisors. Look for brokers with servers close to your location, hedging support, and the ability to use custom indicators from the large MQL4 community.

How do I choose an MT4 forex broker?

Priority criteria for MT4 broker selection: 1) Regulation quality (Tier-1 preferred), 2) Spread competitiveness on your pairs, 3) Execution type (ECN vs. STP), 4) EA policy (some brokers restrict scalping EAs), 5) VPS availability, 6) Server location for latency. Demo test for at least two weeks.
Information automatically localized based on "best mt4 brokers" and related trends.

Sources & References

  1. — FP Markets
  2. — Libertex
  3. — FCA
  4. — CySEC
  5. — BrokerAnalysis
  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 — MT4 brokers for Singapore traders

Across the 3 MT4 brokers available to Singapore traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 1.0 pips, with 2 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0 pips
Brokers measured
3
Linked to broker spec
2 of 3
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 · libertex.org

What changes locally

  • Oversight relevant to traders in Singapore sits with MAS.