Compare Brokers in Singapore

Looking for brokers in singapore? We have compared 24 broker accounts (out of 147) that are suitable for you below.

We found 24 broker accounts (out of 147) that are suitable for Singapore.

  • FILTER

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

City Index

www.cityindex.com.sg

City Index are one of the top six contracts for difference (CFD) brokers for traders in Singapore, with a market share of around 9% in 2012. The City Index group have offices in London, Sydney, Dubai, Shanghai and Singapore, and they are regulated by the Monetary Authority of Singapore (MAS), which ensures that they act in accordance with stringent client money rules. They also have a Leveraged Foreign Exchange Trading licence.

The broker started its operations in 1983, and with over 30 years experience they have gained numerous positive client testimonials regarding their CFD and Forex trading services. City Index are famous for their powerful MetaTrader4 FX software, which helps clients trade online effortlessly. The software provides one-click dealing, smart comparison graphs, real-time stock performance and much more.

City Index offer a free demo account, in which clients get 1000 virtual Singapore Dollars to trade with before starting the live account. Traders from Singapore can open an account with City Index with just 500 SGD.

IG Markets

www.ig.com/sg/

IG Markets Singapore is a subsidiary of IG Group, the UK-based financial services firm, which deals in contracts for difference (CFDs) trading, financial spread betting, stockbroking and consultancy. The Monetary Authority of Singapore grant IG Markets a licence for leveraged foreign exchange trading and dealing in securities, and they are licensed to trade CFDs in commodities by International Enterprise Singapore. With 15% of the CFD market share and 13% of the FX market share, they were in the top three providers for retail traders in Singapore in 2012.

IG Markets have a special web-based platform for traders. The platform has a slew of tools, including options to set alerts on Tear-off prices, Reuters trading news, charts, watch-lists and real-time stock tracking. IG also has a special iOS and Android app. There’s no minimum balance requirement to open an account with IG Markets. Investment Trends ranked IG Markets as the top FX broker in Singapore in 2013.

AvaTrade

www.avatrade.com

AvaTrade are an Ireland-based FX and CFD broker offering trading services in stock indices, currencies, commodities, bonds, ETFs as well as Bitcoin and other cryptocurrencies. AvaTrade are authorised and licensed to operate worldwide by several different regulatory bodies, including the the Japanese Financial Services Agency (FSA) and the Central Bank of Ireland within the EU. They have offices in 11 locations around the world, the closest to Singapore being in China and Japan.

AvaTrade have over 200,000 registered customers around the world and offer various online tools for easy direct market access (DMA). These tools include MetaTrader 4, MT4 Floating Spreads and AVAOptions.

Clients can open an AvaTrade demo account with US$100,000 virtual funds before opening a real account. The minimum deposit requirement for a live account with AvaTrade is US$100. Clients from Singapore can credit their account using several payment methods including Visa, MasterCard and Wire Transfer.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.