Top 5 Spread Betting And Forex Brokers for Traders in Singapore

Singapore-based traders looking for the top spread betting and Forex brokers have a wide range of choices to choose from. A number of the leading brokers registered with the Financial Conduct Authority (FCA) in the UK have offices in Singapore, meaning clients can take advantage of a local presence if they choose these brokers.

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Some of the most popular spread betting and Forex brokers with Singapore offices include:

IG

IG provides clients with access to around 10,000 different markets. This broker is one of the largest in the business, with offices in 17 countries worldwide, spread over all five continents. IG has a local Singapore office, making it easy for Singapore-based traders to call into the local office and talk with local IG employees. Spread betting and Forex trading are easily accessed using this reliable trading platform and mobile trading is a breeze with the power and speed of IG for mobile devices. IG operate their own television channel and clients will discover a wealth of useful educational resources on the site, helping every individual client achieve success and knowledge in financial trading.

City Index

City Index is another major player in the spread betting and forex broking field. City Index are particularly renowned for their expertise in spread betting and CFD trading and the broker has over 400 employees in offices across the globe including the UK, China, Australia, Singapore and Dubai. The company provides free training and webinars for clients looking to enhance trading skills and provides 24-hour access to prices in more than 15,000 global markets. Forex traders will appreciate the stability and reliability of the MetaTrader 4 Forex dealing platform and the ease of use of City Index makes this a reliable broker to use for mobile trades while out and about.

Core Spreads

Core Spreads provides demo accounts for customers to check out all the options available for spreading betting and Forex trading, without any need to risk your own capital. The secure Core Spreads platforms give clients safety and speed while using the Core MT4 or Core Trader services. With a loyalty bonus scheme, refer a friend and welcome bonus options in place, there are plenty of ways for Core Spreads clients to benefit from signing up to trade with this broker and tight spreads across thousands of worldwide markets make this an attractive broker to many customers.

To compare the best forex brokers, visit our Forex Broker Comparison page.

AVAtrade

AVATrade is a recognised broker in the field of spread betting and Forex dealing as they have been established in the market for a long time. The company provides a very secure, reliable platform for dealing and offer a number of ongoing promotions and bonus packages. The floating spreads accounts and multiple trading platforms make this an attractive partner for any trader looking to trade across a variety of financial markets. The AVAtrade Forex platform was launched in 2006 and trades around $60billion each and every month. The company provides Livechat support in a number of languages 24 hours a day, for the five working days of each week. With a varied education resource on the site and free demo accounts for customers to trial out the service, this provider is understandably a popular choice. Traders from the United States are not allowed to register with AVAtrade, but customers from all other worldwide locations are welcome to sign up for the services.

ETX Capital

ETX Capital provides an excellent service to mobile devices, iOS and Android devices are well supported by the company apps, meaning traders can deal while out and about with every confidence. Spread betting and Forex trading are popular choices with ETX Capital customers, they also provide platforms for CFD trading, binary options, and indices, equities and commodities dealing. The company provides three bespoke platforms, giving customers the ease of access, speed and reliability they demand while providing the tightest spreads and access to graphs and charting capabilities of a professional nature. It’s easy to start off by signing up for a demo account with ETX Capital and clients who take advantage of the site’s educational resources will soon become skilled in trading Forex and spread betting.

If you would like, click here to see our detailed review of ETX Capital.

Summary

Singapore traders looking for the best Forex brokers and spread betting platforms are well advised to choose brokers registered with the FCA in the UK or CySEC in Cyprus. Using brokers that operate to stringent financial codes of practice is one of the best pieces of advice to give to any trader. All customers signing up for spread betting, Forex trading with brokers must have awareness and understanding that they put capital at risk when trading on financial markets.

Image Credit: Nicolas Lannuzel

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