🇸🇬 Best Forex Broker in Singapore (2026)

Looking for the best forex broker in Singapore? We compared 10 forex brokers and found 7 that welcome traders from Singapore. Our best forex broker in Singapore is Exness — lowest entry deposit and instant withdrawals.

RegionSouth-Eastern Asia

CurrencySingapore Dollar (SGD)

RegulatorMonetary Authority of Singapore (MAS)

Forex Brokers available7

Local rules in Singapore: The Monetary Authority of Singapore licenses brokers and crypto service providers.

Top 7 forex brokers in Singapore

Broker	Score	Min deposit	Max leverage	Spreads	Regulation	Singapore
Exness	9.4	$10	Up to 1:Unlimited (conditions apply)	From 0.0 pips (Raw/Zero) · from ~1.0 pips (Standard)	FCA, CySEC, FSCA	✓ Available	Visit Site
IC Markets	9.2	$200	Up to 1:1000	From 0.0 pips + $7 round-turn (Raw) · from 0.8 pips (Standard)	ASIC, CySEC, SCB	✓ Available	Visit Site
HFM	9.1	$0	Up to 1:2000	From 0.0 pips + $3/side (Zero) · from 1.2 pips (Premium, no commission)	FCA, CySEC, DFSA	✓ Available	Visit Site
Eightcap	9.0	$100	Up to 1:500	From 0.0 pips + $3.50/side (Raw) · from 1.0 pips (Standard, no commission)	ASIC, FCA, CySEC	✓ Available	Visit Site
AvaTrade	8.9	$100	Up to 1:400 (1:30 for EU/AU retail)	Fixed-style spreads from 0.9 pips (EURUSD avg ~0.8–0.9), no commission	CBI, ASIC, CySEC	✓ Available	Visit Site
RoboForex	8.6	$10	Up to 1:2000	From 0.0 pips + $4 round-turn (ECN) · from 1.3 pips (Pro, no commission)	FSC Belize	✓ Available	Visit Site
InstaForex	8.4	$1	Up to 1:1000	From 0 pips (Eurica accounts, commission) · Standard accounts with no commission	FSC	✓ Available	Visit Site

★ Top pick

Exness

Lowest entry deposit and instant withdrawals

9.4/10

✓ Accepts traders from Singapore

Min deposit: $10
Max leverage: Up to 1:Unlimited (conditions apply)
Spreads: From 0.0 pips (Raw/Zero) · from ~1.0 pips (Standard)
Platforms: MT4, MT5, Exness Terminal, Exness Trade app

Regulated / registered:🇬🇧 FCA🇨🇾 CySEC🇿🇦 FSCA🇰🇪 CMA🇸🇨 FSA🇲🇺 FSC

$10 minimum deposit on Standard accounts
Instant automatic withdrawals on most methods
9 licences incl. FCA and CySEC

Visit Site Review

IC Markets

Raw spreads for scalpers and algo traders

9.2/10

✓ Accepts traders from Singapore

Min deposit: $200
Max leverage: Up to 1:1000
Spreads: From 0.0 pips + $7 round-turn (Raw) · from 0.8 pips (Standard)
Platforms: MT4, MT5, cTrader, TradingView

Regulated / registered:🇦🇺 ASIC🇨🇾 CySEC🇧🇸 SCB🇸🇨 FSA

Raw spreads from 0.0 pips with deep liquidity
MT4, MT5, cTrader and TradingView
Tier-1 regulation from ASIC and CySEC

Visit Site Review

HFM

HotForex — $0 minimum and 7 licences incl. FCA & DFSA

9.1/10

✓ Accepts traders from Singapore

Min deposit: $0
Max leverage: Up to 1:2000
Spreads: From 0.0 pips + $3/side (Zero) · from 1.2 pips (Premium, no commission)
Platforms: MT4, MT5, HFM app, WebTrader

Regulated / registered:🇬🇧 FCA🇨🇾 CySEC🇦🇪 DFSA🇿🇦 FSCA🇰🇪 CMA🇲🇺 FSC

$0 minimum deposit on popular accounts
7 licences incl. FCA, CySEC and Dubai DFSA
HFCOPY copy-trading platform

Visit Site Review

Eightcap

TradingView broker + funded challenges up to $200K

9.0/10

✓ Accepts traders from Singapore

Min deposit: $100
Max leverage: Up to 1:500
Spreads: From 0.0 pips + $3.50/side (Raw) · from 1.0 pips (Standard, no commission)
Platforms: MT4, MT5, TradingView, TradeLocker (Challenges)

Regulated / registered:🇦🇺 ASIC🇬🇧 FCA🇨🇾 CySEC🇧🇸 SCB🇸🇨 FSA🇲🇺 FSC

Eightcap Challenges: funded accounts from $10K to $200K
80% profit split, up to 90% with add-on
Native TradingView, MT4 and MT5 trading

Visit Site Review

AvaTrade

Most regulated — 9 licences on 6 continents

8.9/10

✓ Accepts traders from Singapore

Min deposit: $100
Max leverage: Up to 1:400 (1:30 for EU/AU retail)
Spreads: Fixed-style spreads from 0.9 pips (EURUSD avg ~0.8–0.9), no commission
Platforms: MT4, MT5, AvaTradeGO, AvaOptions, WebTrader

Regulated / registered:🇮🇪 CBI🇦🇺 ASIC🇨🇾 CySEC🇯🇵 JFSA🇦🇪 FSRA🇮🇱 ISA

One of the most regulated brokers in the world
No commission on standard trading
AvaOptions and AvaTradeGO apps

Visit Site Review

RoboForex

$10 start, 1:2000 leverage and stock trading

8.6/10

✓ Accepts traders from Singapore

Min deposit: $10
Max leverage: Up to 1:2000
Spreads: From 0.0 pips + $4 round-turn (ECN) · from 1.3 pips (Pro, no commission)
Platforms: MT4, MT5, R StocksTrader, RoboForex app

Regulated / registered:🇧🇿 FSC Belize

$10 minimum deposit
Leverage up to 1:2000
12,000+ stocks and ETFs on R StocksTrader

Visit Site Review

InstaForex

Start with just $1 — ForexCopy included

8.4/10

✓ Accepts traders from Singapore

Min deposit: $1
Max leverage: Up to 1:1000
Spreads: From 0 pips (Eurica accounts, commission) · Standard accounts with no commission
Platforms: MT4, MT5, MultiTerminal, WebTrader, mobile apps

Regulated / registered:🇻🇬 FSC

$1 minimum deposit — the lowest anywhere
Leverage up to 1:1000
ForexCopy copy-trading system

Visit Site Review

How to choose the best forex broker in Singapore

Check the licence. In Singapore the main financial regulator is Monetary Authority of Singapore (MAS). See every broker's licences in our licence table.
Match the minimum deposit to your budget. Start from $1 at InstaForex, $0 at HFM or $10 at Exness.
Deposit in Singapore Dollar (SGD). Local bank transfers, cards, e-wallets and USDT are widely supported.
Pick your platform. MT4, MT5, cTrader or TradingView.
Plan your risk. Risk 1–2% of your balance per trade and always use a stop loss.

Frequently asked questions

What is the best forex broker in Singapore?

Exness is our best forex broker in Singapore, followed by IC Markets, HFM, Eightcap.

Which forex brokers accept traders from Singapore?

Exness, IC Markets, HFM, Eightcap, AvaTrade, RoboForex, InstaForex accept traders from Singapore.

Which forex broker has the lowest minimum deposit in Singapore?

HFM, with a minimum deposit of $0.

Which regulated forex brokers accept traders from Singapore?

Exness, IC Markets, HFM, Eightcap, AvaTrade hold top-tier licences such as the FCA, ASIC or CySEC.

Is forex trading legal in Singapore?

The Monetary Authority of Singapore licenses brokers and crypto service providers. This is general information, not legal advice.

Also see: Best crypto exchange in Singapore · Best forex broker worldwide · Singapore trading guide · Free forex signals · Free crypto signals

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