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If you’re looking to trade the FTSE Straits Times Index, we’ve compiled a list of the best brokers for trading the STI. All brokers in this list are authorised and regulated by the FCA. Ensure that you are using the best platforms for trading indices and choose a brokers from our comparison list of the best brokers for trading the Singapore FTSE Straits Times Index:

Types of broker that offer Singapore FTSE Straits Times Index Trading


Compare Index Brokers For Trading The Singapore FTSE Straits Times Index

All the index brokers are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS. Note: If you want to convert one currency to another and send money abroad you need a currency broker.

Featured Forex BrokerWhat Forex pairs can you trade?How much does Forex trading cost?CEO InterviewMore Info

IG

With IG, you can choose to trade more than 80 currency pairs – from majors, such as GBP/USD to exotics such as HUF/EUR. You can trade these forex pairs via CFDs or spread bets. Get spreads from just 0.6 points on pairs like EUR/USD with the UK’s No.1 FX provider.

June Felix, IG CEO

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IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade forex on over 300 forex pairs, including EUR/USD, GBP/USD and AUD/USD, plus our customised range of 12 forex indices​. Spreads on EUR/USD, AUD/USD and USD/JPY start from just 0.7 points. CMC USD Index​ spreads from 0.25.

Read Peter Cruddas CEO Interview

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CMC Reviews

Pepperstone

Trade 61+ currency pairs with deep liquidity with pricing from multiple sources. Get some of the lowest forex spreads on the market with raw spreads from 0.0 pips on Razor accounts Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews
Fineco Trade 50+ Global Forex pairs Forex pairs with Fineco Fineco Forex spread are as low as, GBP/USD 1, EUR/USD 0.8, EUR/GBP 1

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

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Fineco Reviews

Saxo Capital Markets

Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips Ultra-competitive FX spreads and trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade 48 currency pairs, 24 hours, 5 days a week, micro-lot trading available Low forex spreads from 0.1 pips on EURUSD, 0.3 pips on GBPUSD and 0.02 on AUDUSD.

Arnaout Omar Omar Arnaout

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XTB Reviews

Spreadex Financials

Spreadex

Speculate on over 60 currency pairs with advanced technical analysis tools including Pattern Recognition, ProTrend Lines and advanced indicators plus drawing tools Low spreads from 0.6 pts on EUR/USD and 0.9 pts on GBP/USD with 24 hour trading on most FX markets

Jonathan Hufford

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Spreadex Reviews

Plus 500

Trade FX CFDs on 60+ Forex Pairs like EUR/USD, GBP/USD and EUR/GBP with up to 1:30 leverage Variable Forex spreads on currency markets. Plus500 does not charge additional Forex dealing commissions. Coming Soon Visit Plus 500

Plus 500 Reviews

City Index

Trade on 84 global FX pairs like EUR/USD, GBP/USD and USD/JPY at City Index with fast execution and tight spreads Trade forex CFDs, DFT or spread bets with tight spreads from 0.5pts on major FX pairs Coming Soon Visit City Index

City Index Reviews

eToro

Trade CFDs on 47 of the most popular currency pairs with trades based in USD with eToro Forex Forex spreads are variable and trading costs are built into the price. Daily finance is charged on overnight positions.

Yoni Assai Interview

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eToro Reviews

Best CFD Brokers For Trading The Singapore FTSE Straits Times Index

Use our comparison tables to compare CFD brokers authorised and regulated by the FCA. Choose or switch to a CFD broker that offers the most markets, best pricing and client security.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Featured CFD BrokerWhat can you trade via CFDs?What are the CFD trading costs?CEO InterviewMore Info

IG

IG clients can trade a range of over 17,000 CFD markets Trade CFDs on interest rates, bonds, sectors, forex, indices, global shares, commodities and cryptocurrencies Opening an account is free, and charges are competitive. Trade spreads from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the Germany 30 and FTSE 100, and 0.3 points on Spot Gold.

June Felix, IG CEO

Read June Felix CEO Interview

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IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade contracts for difference (CFDs) and access over 9,500 instruments with competitive spreads. Trade CFDs on forex, indices, cryptocurrencies, commodities, shares and treasuries. Trade CFDs on major forex pairs from 0.7 points and popular indices from 1 point. When trading UK shares a commission is charged from 0.1% or 2 cents per unit for US.

Read Peter Cruddas CEO Interview

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CMC Reviews

Pepperstone

150+ instruments across FX, indices, equities, cryptos, energy and commodities, and more, across three, free powerful platforms During liquid times, CFD spreads can go as low as 0 pips on the EURUSD on the Pepeprstone Razor account Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews
Fineco Trade Fineco CFDs on thousand of asset classes Equity, Indices, Commodities, bond and Interest Rates Share CFDs have no additional spreads, indices have spread as low as 0.4pips on S&P 500 and 0.6pip on Nasdaq 100 and FTSE 100. FX spreads on 50+ pairs from 0.8pips.

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

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Fineco Reviews

Saxo Capital Markets

Access 9,000+ CFDs and trade CFDs on single stocks, indices, forex, commodities, options and bonds. Ultra-competitive pricing for trading UK stock CFDs from GBP 8, and US 30 Wall St. from 2 points. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade over 1500 global CFD markets including Forex, Cryptocurrencies, Indices, Commodities, Share CFDs and ETFs. Low forex spreads from 0.1 pips, stock CFD commission from 0.08%

Arnaout Omar Omar Arnaout

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XTB Reviews

Spreadex Financials

Spreadex

Trade one of the widest ranges of CFD markets including shares, indices, forex, commodities, bonds and interest rates. CFD spreads start from just 0.6 pts on EUR/USD, 1pt on UK 100 and 0.4 pts on Gold

Jonathan Hufford

Visit IG Website

Spreadex Reviews

eToro

Trade CFDs in USD on eToro on a wide range of stocks, forex, indices, commodities and copy other CFD traders Cost are based in USD and eToro CFD trading costs are built into the spread.

Yoni Assai Interview

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eToro Reviews

Plus 500

Trade CFDs on a wide range of Indices, Forex, Commodities, Crypto, Shares, Options and ETFs Plus 500 CFD spreads are variable, yet competitive for new traders. There is no commission. Overnight funding is charged on positions. Coming Soon Visit Plus 500

Plus 500 Reviews

City Index

CFD Trading with City Index gives you access to over 4000 global markets including Indices, Shares, FX, Commodities and Bonds. Fixed and variable CFD spreads from 0.5 points with benchmark UK financing is LIBOR +/-2.5% Coming Soon Visit City Index

City Index Reviews

ETX Capital

Trade CFDs on ETX on over 5,000 instruments in all major asset classes including FX, Indices, Shares and Commodities.. Trade CFDs low commissions through ETX's pooled liquidity from a range of sources to deliver the best prices and narrowest spreads. Phil Adler CEO Interview ETX Reviews

Best Spread Betting Brokers For Singapore FTSE Straits Times Index

Use our comparison reviews to compare spread betting broker costs, spreads, offers and features. Only Spread Betting Brokers authorized and regulated by the FCA where client funds are protected under the FSCS are featured.

Spread betting carries a high level of risk and losses can exceed your deposits. Featured brokers appear first.

Featured Spread BettingBrokerWhat markets can you spread bet on?How much are the spread betting fees?CEO InterviewMore Info

IG

Go long or short and spread bet on more than 17,000 markets with IG, the world’s No.1 provider Spread bet from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the Germany 30 and FTSE 100, and 0.3 points on Spot Gold.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Spread bet on the price movements of thousands of financial instruments, including indices, currencies, cryptocurrencies, commodities, shares and treasuries. Competitive spreads on our spread betting instruments, including major FX pairs from 0.7 points, major indices from 1 point and crude oil from 3 points.

Read Peter Cruddas CEO Interview

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CMC Reviews

Pepperstone

Spread bet on 150+ instruments across FX, indices, equities, cryptos, energy and commodities, and more, across three, free powerful platforms Spreads on our MetaTrader 4 and MetaTrader 5 platforms are variable, with prices coming from many providers and sources to ensure you're getting the best price. Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Spreadex Financials

Spreadex

Trade one of the widest ranges of spread betting markets including large and small cap shares, indices, forex, commodities, bonds and interest rates. Spread betting spreads start from just 0.6 pts on EUR/USD, 1pt on UK 100 and 0.4 pts on Gold

Jonathan Hufford

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Spreadex Reviews

City Index

Spread Betting with City Index provides a tax-free* way to trade over 8000+ global markets. Fixed and variable spreads from 0.5 points with benchmark UK financing is LIBOR +/-2.5% Coming Soon Visit City Index

City Index Reviews

ETX Capital

Trade over 5,000 markets with Profits exempt from both Stamp Duty and Capital Gains tax within the UK. ETX offer competitive spread betting costs with major FX pairs from 0.6 pips and spreads on major Indices from 1 pt. Phil Adler CEO Interview ETX Reviews

Best DMA Brokers For Trading The Singapore FTSE Straits Times Index

Compare brokers that offer Direct Market Access (DMA) who are authorised and regulated by the FCA.  Use DMA to get inside the price and reduce your trading costs by getting better prices.

DMA BrokerDMA AccessDMA ExecutionAccount TypesCEO InterviewMore Info

IG

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
CEO Interview
Your capital is at risk. 76% of retail CFD accounts lose money

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews
Fineco Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews
Interactive Brokers Interactive Brokers Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
CFD
Spreadbetting:

Thomas Peterffy

IBKR Services

Best MT4 Brokers For Trading The Singapore FTSE Straits Times Index

MT4 or MetaTrader 4 is currently offered by over 600 brokers worldwide. Compare the top MT4 brokers to ensure you get the best pricing, tools, analysis and features.

Featured MT4 BrokerWhat can you trade on MT4?How much does MT4 trading cost?CEO InterviewMore Info

IG

IG’s MetaTrader 4 package delivers instant access to 18 free add-ons and indicators, giving you an edge in your trading. You’ll also have the option to download thousands more from inside the MetaTrader 4 platform. Take advantage of minimum spreads of 0.6 on a host of forex pairs with IG. The minimum lot size on MT4 is 0.01 lots, helping you manage the risks of high-volume trading.

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Your capital is at risk. 76% of retail CFD accounts lose money

CMC Markets

Trade CFDs on 30 currency pairs including EUR/USD, GBP/USD and USD/JPY, major indices like the UK 100 and US 30, plus popular commodities such as Gold, Silver and Crude Oil Trade Forex from 0.7 pips on MT4, indices from 1 point and Gold from 0.3.

Read Peter Cruddas CEO Interview

Visit CMC

CMC Reviews

Pepperstone

Trade 85 pre-installed MT4 indicators available on the desktop app for greater insight into market trends During liquid times, MT4 spreads can go as low as 0 pips on the EURUSD through the Razor account Tamas Szabo Pepperstone CEO Read Tamas Szabo CEO Interview Visit Pepperstone

Pepperstone Reviews

Saxo Capital Markets

With Saxo Capital Markets' MT4 you can trade DMA on over 25+ tier 1 liquidity providers with professional-grade execution and liquidity models. Saxo MT4 spreads range from 0.3 pips on EURUSD 0.1 on USDJPY with prices derived from a wide range of Tier 1 institutions or choose Saxo’s own highly competitive pricing. Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

XTB XTB Brokers

Trade over 1,500 markets through MT4. Test and optimise your trading strategies with the MT4 Strategy Tester Low forex spreads from 0.1 pips, stock CFD commission from 0.08%

Arnaout Omar Omar Arnaout

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XTB Reviews

ETX Capital

Trade over 60 FX pairs including majors, minors and a range of exotics currency pairs with ETX. ETX offer low FX trading costs on spread betting and CFDs with spreads on EURUSD from only 0.6 pips, and GBPUSD from 0.9 pips. Phil Adler CEO Interview ETX Reviews

City Index

With City Index’s MetaTrader4 platform, you can trade over 80 Forex pairs, including majors, minors and exotics. Ultra-tight spreads, fast trade executions and unique trading tools. Coming Soon Visit City Index

City Index Reviews

Best Options Brokers For Trading The Singapore FTSE Straits Times Index

Use our comparison tables to compare the best UK based options brokers authorised and regulated by the FCA. Choose or switch to an option broker that offers the most markets, best pricing and client security.

Featured BrokerFutures & OptionsServicesAccount TypesCEO InterviewMore Info

Saxo Capital

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting
Andrew Edwards Saxo Capital Markets UK CEO Read Andrew Edwards CEO Interview Visit Saxo

Saxo Reviews

IG

Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Reviews
Fineco Stocks:DMA
FX:
Index:CFD
Commodities:CFDs
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Paolo Di Grazia, Fineco General Manager Paolo Di Grazia, Fineco GM

Visit Fineco

Fineco Reviews

Linear Investments

Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Jerry Lees

Linear Services
Interactive Brokers Interactive Brokers Stocks:
FX:
Index:
Commodities:
Voice:
Online:
Strategy:
Prime:
DMA:
Futures:
Options:
CFD
Spreadbetting

Thomas Peterffy

IBKR Services

Use our comparison tables to compare the best UK based Singapore FTSE Straits Times Index futures brokers authorised and regulated by the FCA. Choose or switch to a futures broker that offers the most markets, best pricing and client security.

Futures trading carries a high level of risk and can result in losses that exceed your deposits. Featured brokers appear first.

Here is a list of futures brokers based in the UK that are regulated by the FCA

Prime BrokerDMA AccessExecutionAccount TypesCEO InterviewMore Info

Saxo Capital Markets

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:
Andrew Edwards Saxo Capital Markets UK CEO Andrew Edwards Visit Saxo

Saxo Services

IG

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:

June Felix, IG CEO

Read June Felix CEO Interview

Visit IG

IG Services

Linear Investments

Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:

Jerry Lees

Linear Services
Interactive Brokers Interactive Brokers Stocks:
FX:
Futures:
Options:
Voice:
Online:
Strategy:
Prime:
DMA:
Omnibus:
Liquidity
White Label:

Thomas Peterffy

IBKR Services

What is the FTSE Straits Times Index?

The Singapore FTSE Straits Times Index is the benchmark index of the Singapore stock market. This index has 30 component stocks, just like the DAX or Dow.

The Straits Times Index has had a few changes throughout its history. In 2008, the S'pore Press Holdings (SPH), S'pore Exchange (SGX) and the FTSE Group partnered together into delivering new equity indices to cover the local market. The STI index is renamed FTSE Straits Times Index.

Like the HK market, the predominant sectors of the STI are finance and property. There are several REITs (Real Estate Investment Trusts) included in the index too.

According to the SGX/FTSE websites, the top three weightings of the index come from DBS, OCBC, and UOB - all Singapore-based banks. A full list of the component stocks is tabled below.

FSTI Component Stocks

Stock SymbolCompany
SGX:A17UAscendas Real Estate Investment Trust
SGX:C61UCapitaCom Trust
SGX:C31CapitaLand
SGX: C38UCapitaMall Trust
SGX: C09City Developments Limited
SGX: C52ComfortDelGro Corporation
SGX: D01Dairy Farm International Holdings
SGX: D05DBS Group Holdings
SGX: G13Genting Singapore PLC
SGX: E5HGolden Agri-Resources
SGX: H78Hongkong Land Holdings
SGX: C07Jardine Cycle & Carriage
SGX: J36Jardine Matheson Holdings Limited
SGX: J37Jardine Strategic Holdings Ltd
SGX: BN4Keppel Corp
SGX: N2IUMapletree Commercial Trust
SGX: O39Oversea-Chinese Banking Corp
SGX: S58SATS
SGX: U96Sembcorp Industries
SGX: C6LSingapore Airlines
SGX: S68Singapore Exchange
SGX: T39Singapore Press Holdings
SGX: S63Singapore Technologies Engineering
SGX: Z74Singapore Telecom
SGX: Y92Thai Beverages
SGX: U11United Overseas Bank
SGX: U14UOL Group
SGX: V03Venture Corporation
SGX: F34Wilmar International
SGX: BS6Yangzijiang Shipbuilding Holdings

Can you trade the FTSE Straits Times Index?

Well, yes, but the liquidity is very poor. Unlike most other indices that we covered, the FSSTI is poorly traded on the futures market. Instead, the MSCI Singapore Future (factsheet) is the market's preferred vehicle. You can gain exposure to the Singapore stock market via

  • Individual stocks
  • MSCI Singapore Index Futures (SGX)
  • Exchange-Traded Funds (GMG Guide on ETFs)
  • Spread trading

The MSCI Singapore Index has a deep overlapping with the STI index. According to this estimate, the correlation between STI and MSCI is around 98%.

Read the GMG Guide on Index Trading.

One of the biggest ETFs based on the STI Index is the SPDR STI ETF (ticker: ES3). This SGD-denominated ETF started in 2002 and has about SGD$800 AUM.

On index futures, they usually expire on March, June, September, and December.

What is the attraction of FTSE Straits Times Index/MSCI Singapore?

Singapore is a major financial hub. This is attractive to investors and traders alike because:

  • STI offers exposure to the local and regional financial and property markets, e.g., REITs
  • STI has some good dividend yielders e.g., DBS 4.82%, OCBC 4.5%
  • STI offers financial stability compared to other regions

What drives the STI/MSCI Singapore Indices?

Stock markets are often driven by a wide variety of factors. For the Singapore stock market, the number one factor is global growth. Like Hong Kong, the Singapore economy is highly dependent on trade between countries and regions. A sustained trade war between China and US may hurt its economy. Other important factors include:

  • Monetary factors (e.g., policy rates, exchange rates movements, etc)
  • Government driven measures (e.g., property cooling measures)
  • Technical factors (e.g., new highs or lows)
  • Earning factors (e.g., profitability and earnings momentum)

A 7-Point Guide to trading Asian stock indices

Trading Asian stock indices has always a lure for many aspiring traders. In the past, many western observers referred to Japan/HK/SIN as the 'Far East'. But in these days of instant electronic trading, investing in Asian markets has never been easier. But there are some things you may need to watch out for.

  1. Understand that 'Asia' is a very big continent. You have to know which countries you want to invest in. At the minimum, know whether the Asian country you are interested in is a developed, developing or a frontier economy. There are more than 35 countries in Asia, stretching from Japan to Pakistan. So there are a lot of cycles overlapping one another. Other things to watch out for include:
    • Economic cycles
    • Currency trends (managed, pegged, or free float?) - very important
    • Political trends and elections
    • Sector niche
  2. Understand your requirements for trading Asian stocks. Are you in just to get a 'kick'? Or do you invest for the long term? Are dividends important? This will dictate what you invest in and how you do it.
  3. Anticipate the market catalysts for buying in (or selling out). In many Asian markets, an election can have a massive positive impact on the local stock market. Modi in India is one example. Shinzo Abe of Japan is another. They bring in new policies that often rejuvenate the economy (at least for a while).
  4. Research what type of exposure available. Not all Asian markets are available to foreign investors. China used to be a totally closed market but is now gradually opening up. Still, there is a limit. Other countries are more open, such as Singapore and Hong Kong. Therefore, if you are preparing to invest understand how you wish to carry out your transactions. Can you invest locally or through a fund? Can you buy Asian stocks from where you are?
  5. Identify the sector niche. Not all countries can be competitive in every sector. For Singapore/HK, the bigger sectors are property, banks, insurance etc. For Indonesia and Australia, resource stocks are better. In Korea, tech/chip stocks are worth watching. So before you invest with MSCI country ETFs or indices, you have to know what the constituents are. Check and see if these stocks are what you want to hold.
  6. Examine the risk and reward. Asian markets are very attractive to many investors simply because of the higher growth rates there. China is growing at 5-6%; so is India. Countries like Vietnam, Philippines, Indonesia all showing promising trends one way or another. However, not all is rosy. You can lose serious amount of money if you overpay for securities. So are you buying blue-chip Asian stocks or are you buying growth stocks? Different type of stocks carry different kind of risks.
  7. Commit capital but go slow initially. Especially if you're unsure what or how to trade Asian markets. Drip feed capital into Asian funds or ETFs just to experience the pricing behaviour.

Live Singapore FTSE Straits Times Index CFD Prices From Plus 500

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