How Do You Trade Oil & Natural Gas In Singapore?
To trade oil and gas in Singapore, you need a futures or CFD broker like FOREX.com or Plus500 that is SG-regulated and lets you go long and short so you can potentially profit when the underlying price of commodities goes up or down.
| Name | Logo | Markets | Min Deposit | GMG Rating | Customer Reviews | CTA | Feature | Expand |
|---|---|---|---|---|---|---|---|---|
 | Markets 5,000 | Min Deposit $100 | GMG Rating | Customer Reviews | Visit Platform 74% of retail CFD accounts lose money. | Account Types:
| Forex.com Singapore lets traders access low-cost CFDs with powerful tools and local support Provider: Forex.com Singapore Verdict: Forex.com is a good choice for beginner to intermediate traders in Singapore wanting low-cost CFD trading on FX, indices, and commodities, with strong platforms, market analysis, and MAS-regulated local support. Forex.com, is owned and operated by StoneX Group, which launched operations in Singapore in April 2025. Who are Forex.com and what do they do? Forex.com is a CFD retail trading platform owned by StoneX Financial Pte Ltd, an institutional-grade brokerage house headquartered in the United States. StoneX took over Forex.com as part of an acquisition for GAIN Capital in 2020. Operating under StoneX, Forex.com has over 80 offices globally and opened its Singapore office in May 2025. Being a CFD trading brand of StoneX, Forex.com is regulated by the Monetary Authority of Singapore (MAS). Market access Forex.com offers wide access to multiple asset classes, including currency pairs, shares, indices, and a broad range of commodities. In alternative CFD trading, it offers access to options, Knockouts, and Thematic indices. Pricing Forex.com trading platform offers competitive pricing, particularly in currencies and indices. The spreads for FX and indices start from 0.5 points and 0.3 points, respectively, lower than most other CFD providers in Singapore. However, an overnight financing charge will occur if clients hold a position past 5 pm Eastern Time in the US (5 am or 6 am in local time). As for share CFD trading, the platform charges commissions based on trading values. Spreads on commodities CFDs differ by category. Platforms Three platforms are available to clients in Singapore – Web Trader, Trading View, and MT4 trading platforms. Web Trader is a web-based trading platform with a white background by default. Personally, I like charts with a white background as it makes all indicators and analysis tools easier to read. The platform is integrated with the TradingView chart, my preferred charting tool, is a highlight. As for market fundamentals, the platform has in-built live news from Reuters, an economic calendar, and a news & analysis section. In my view, Web Trader has a clean and intuitive interface, providing all essentials, particularly for beginners and intermediate traders. The order tickets allow traders to set stop and limit prices, view potential profits and losses and monitor trading costs and margin requirements. What I particularly like about the platform is that it has a performance analytics function, providing an overview of your trading history. This helps identify patterns, strengths, and areas for improvement.
Research & Education Forex.com Singapore offers a comprehensive range of research and educational resources, providing timely market analysis and regular online courses. Their performance analysis reports are insightful sources for both macro and technical traders. What I especially like about this feature, when I tested it, is that the more you trade, the bigger picture it can paint of what markets you trade well and which ones you should avoid.
Customer Service Forex.com provides client services in Singapore via phone, live chat, and email. You can also submit a request via a form in the client service section. All client services are available 24/5. Why did Forex.com launch in Singapore? The firm described the move into the Singaporean market as a key milestone in its expansion into APAC or Asia Pacific, and that it was committed to empowering traders in the city and surrounding environs. Singapore is an attractive destination for margin trading businesses, not least because the city-state’s wealth has been built on a history of trading and mercantile commerce. Singapore came 4th in a recent survey of the world’s 50 richest cities and was only eclipsed by New York, San Francisco and Tokyo. The survey, conducted by Henley & Partners and New World Health, found that there were 242,000 millionaires in Singapore, a figure that has increased by +62.0% over the last decade. There are also more than 300 Singaporean centi-millionaires and 30 billionaires. Forex.com offers a range of CFDs on rolling spot FX, alongside stock indices, individual shares and commodities. Clients can choose from a web trader, a trading app and MT4 as their trading platform. The site also provides regular analysis and market-related news, as well as an educational offering that covers trading basics to more advanced concepts and strategies. Forex.com is one of three margin trading brands under the Stonex Group umbrella. The others are City Index and Gain Capital.
Has Stonex Group been expanding elsewhere? Parent company Stonex is expanding in other directions too, most recently through the acquisition of rival futures broker RJ O’Brien & Associates, which will bring some 75,000 clients and 300 IBs to the table. Stonex has also recently acquired Paris-based fixed income broker Octo and investment banking business Benchmark. Stonex is paying around $900.00 million for RJ O’Brien in a cash and shares transaction, which is expected to close in the second half of 2025. Pros
Cons
Overall4.7 | |
 | Markets 12,000 | Min Deposit $1 | GMG Rating | Customer Reviews | Visit Platform 68% of retail investor accounts lose money | Account Types:
| CMC Markets Singapore is great for active investors trading major markets Provider: CMC Markets Singapore Verdict: CMC Markets Singapore is a subsidiary of the UK-based brokerage house CMC Markets plc. and is regulated by the Monetary Authority of Singapore (MAS). The company has been long established in Singapore since 2007, offering CFD and FX trading. It launched a stock broking business in 2023, trading as the brand under CMC Invest, also regulated by the MAS. CMC Markets primarily refers to the firm’s derivatives trading services, which offer high leverage and both long and short positions. Meanwhile, CMC Invest is a stock broking trading account/platform, offering physical shares and ETFs trading without leverage. Is CMC Markets good for CFD and FX trading in Singapore? The CFD and FX trading accounts provide access to a broad range of asset classes, including Forex, Indices, Commodities, Shares, ETFs, and Cryptocurrencies, totalling 12,000+ instruments. Clients can choose from three trading platforms – CMC Markets Next Generation(NG) platform, TradingView, and MT4. The NG platform is more suitable for professional traders due to its sophisticated functionalities. It enables customisable layouts, supporting up to 10 chart windows alongside live pricing for categorized asset classes. The designation can give traders a comprehensive view of the market trends, particularly suitable for those who employ tactical and technical trading strategies. One feature I quite like about this platform is the transparency of order tickets, clearly demonstrating trading amounts, associated costs, and fees upfront without hidden surprises. The order ticket on the NG platform
TradingView is one of the most popular platforms for both technical and fundamental analysis. The platform offers more than 20 interactive chart types and over 110 drawing tools. For stock investors interested in company fundamentals, it provides access to key financial metrics such as Revenue, Earnings Per Share, and Income Statement. MT4 is a more simplified trading platform, which may appeal to beginners. The platform offers much less access to instruments. CMC Invest Singapore The CMC Invest Singapore account enables clients to access over 45,000 stocks, REITs, and ETFs across 15 major markets, including more than 500 local companies’ stocks. The CMC Invest platform is developed in-house. There are three types of trading accounts you can choose from – Invest, Platinum, and Diamond- the higher the tier, the lower the trading costs. In my view, premium accounts suit those who trade more regularly with less carrying time, while the standard Invest accounts are better suited to longer-term, buy-and-hold investors. Compared to other brokers in Singapore, CMC Invest enables broader access to international markets without custody or settlement fees. Instead, you will be charged volume-based commission and FX conversion fees (FX conversion fees are often not transparently displayed by most brokers). CMC Invest offers a limited number of free trades per month before these charges apply. Research & Education Both CMC Markets CFD and CMC Invest accounts include Morning Star analysis reports. The company offers education, market analysis, and platform training, though less frequently than in the past. The NG platform also includes a built-in economic calendar and live Reuters news for daily market updates. The CMC Invest built-in Morning Star report
Customer Service There are three ways to contact the client service team in Singapore – a 24/5 phone call service line, WhatsApp, and email, depending on the urgency of your enquiry. Pros
Cons
Overall4.7 | |
 | Markets 7,000 | Min Deposit $2,000 | GMG Rating | Customer Reviews | Visit Platform 62% of retail investor accounts lose money | Account Types:
| Interactive Brokers Singapore is unbeatable if you want low trading fees and global market access Provider: Interactive Brokers Singapore Verdict: Interactive Brokers (IBKR) Singapore Pte. Ltd. is a branch of the global brokerage firm Interactive Brokers Group. The company entered Singapore in 2020 and is regulated by the Monetary Authority of Singapore (MAS). It provides trading access to a wide array of financial products, including stocks, ETFs, bonds, and derivatives. Is Interactive Brokers good for investing and trading in Singapore? Market Access Compared to other brokers in Singapore, Interactive Brokers offers broader access to global markets and financial instruments. Clients can trade stocks, ETFs, Warrants & Certificates, options, futures, currencies, bonds, CFDs, and mutual funds on 160 global markets. It also provides Forecast Contracts trading via ForecastEx. The company enables trading in 28 currencies, alongside FX conversion services in the trading accounts. You can also earn an annualized interest rate of 3.83% on the USD cash balances, although this is subject to a minimum balance requirement. Pricing IBKR is known for its competitive pricing. For US markets, commissions on shares and ETFs are charged either on a per-share basis between US$0.0005 and US$0.35 for tired volume, or a fixed rate of US$0.005 per unit. As for Singapore markets, the commission charge will be based on trade value in SGD, ranging from 0.08% to 0.02% for tiered volume or a fixed rate of 0.08%.
Commission charges for options range from US$0.25 to US$0.65 per contract based on tiered volume, with a minimum charge of US$1. For futures, commission charges are range from US$0.1 and US$0.25 per contract, or a fixed US$0.25 per contract. Account types IBKR offers a variety of trading platforms in Singapore, tailored to clients’ trading experiences. The Client Portal, a web-based platform integrated with TradingView charts, is well-suited to beginners and intermediate traders.
Trader Workstation (TWS) is a desktop application designed for more professional traders. The platform features a layout library, offering customised views for instrument categories and trading strategies. However, the platform’s complexity could be overwhelming for beginners.
For advanced users, the API platform enables automated trading through algorithmic strategies, more suitable for sophisticated traders. Research & Education IBKR provides extensive market analysis and client educational resources through IBKRCampus, an online hub for financial market knowledge. Particularly, the Traders’Academy offers a series of free online courses tailored to different skill levels . The in-house strategists and economists provide timely market news and analysis. Customer Service There are various ways to reach out to IBKR’s client services team, such as phone (24/5), email, or Chat Room. However, unlike some other countries with both toll-free and direct dial, Singapore has only one general customer service phone line in Singapore. Pros
Cons
Overall4.8 | |
 | Markets 2,000+ | Min Deposit $50 | GMG Rating | Customer Reviews | Visit Platform 76% of retail investor accounts lose money | Account Types:
| Plus500 Expert Review 2026: A user-friendly platform with access to global markets Provider: Plus500 Verdict: Plus500 is one of the largest online trading platforms and operates in more than 50 countries worldwide. Founded in 2008, it has more than 26 million customers today. Plus500 is headquartered in Israel, however, it’s listed in the UK on the London Stock Exchange (it’s a member of the FTSE 250 index). Here in Britain, its platform is operated by Plus500UK Ltd, which has offices in London. In the UK, you can only trade CFDs with Plus500. CFDs are financial instruments that allow you to profit from the price movements of a security without owning the underlying security itself. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Is Plus500 a good broker? Yes, Plus500’s trading platform has evolved nicely over the years from a simple interface to an intuitive execution venue for CFDs on the major markets and stocks. Opening a Plus500 account is really simple:
Pricing: It’s dynamic so moves with the market for minimum spreads. Plus500 does not charge any trading commissions when you place a CFD trade. However, there are some fees you need to be aware of including:
Withdrawals are free of charge no matter how many you make per month. Deposits are also free of charge. Market Access: Very good, Plus500 are always first to try new asset classes With Plus500, you can trade CFDs on a range of assets and instruments including:
Overall, there are over 2,800 assets you can trade with CFDs. The maximum amount of leverage you can use with Plus500 varies depending on the asset class as shown in the table below. If you are trading forex, you can potentially borrow up to 30 times your own money. For shares, you can only borrow up to five times your own capital. Plus500 margin rates:
Platform & Apps: Basic execution, but it does the job well Plus500 trading apps and platform also offers several tools to help traders manage risk including:
Customer Service: Plus500 doesn’t have a phone option, but its live chat is sufficient Plus500’s customer service options are limited to online chat, email and WhatsApp. So, you can’t contact the company by telephone. However, don’t let that put you off. We contacted the company via online chat and were very impressed with the service and support offered. It’s worth noting that support is available 24/7. This is a big plus – some other CFD providers only provide support during the week. If you are a larger or professional trader you can get access to Plus500’s Premium Service Package which includes:
The premium service is invitation only. To become a premium customer, you must have a real-money trading account. However, if you want better margin rates but are not interested in the premium package you can upgrade to a professional account. The Plus500 professional account is an account designed for professional traders. With this account, you have access to higher levels of leverage (e.g. 1:20 for shares). To be eligible for a professional account, you must meet two of the following three criteria:
Research & Analysis: Some sentiment, but limited education and analysis. Plus500 offers a range of additional features designed to help traders make money, including:
Pros
Cons
Overall4.6 |
Is now a good time to trade Oil or Gas in Singapore?
Michael Brown, Chief Market Strategist at Pepperstone, told us that Natural gas is a different ‘kettle of fish’ to crude, not least considering that Qatar, the world’s largest supplier, has suspended production for the time being. The length of any such suspension is key for the outlook here, though markets have wasted no time in pricing supply disruptions, with TTF futures having rallied well over 50% since that suspension was announced.
Crude market participants have been pricing a substantially higher risk premium for some time now, given that US military intervention in the Middle East was looking likely, though said premium has ratcheted higher still since the weekend, after kinetic action begun.
Of course, many are now questioning whether we could trade to $100bbl in Brent, though such a view seems hyperbolic for now, barring a prolonged blockage of the Strait of Hormuz, or significant damage to energy infrastructure in the Gulf, neither of which have yet taken place.
From a macroeconomic perspective, key will be the length of any conflict, and subsequent rally in crude benchmarks, with a more prolonged military operation likely leading to Brent remaining north of $80bbl for the foreseeable, in turn bringing with it notable inflationary implications, which could delay central banks like the BoE from delivering rate cuts in the short-term. Signals that both sides of the present conflict may be prepared to take ‘off ramps’ and de-escalate the situation would clearly be a positive signal, and see some degree of risk premium priced out.
Different Ways To Trade Oil & Gas In Singapore
Traders in Singapore can access energy markets in several ways.
Futures Contracts – Professional traders often trade oil and natural gas futures on global exchanges such as the Chicago Mercantile Exchange (CME Group). The benchmark contracts include WTI crude oil futures and Henry Hub natural gas futures.
These contracts represent large quantities of energy and are widely used by energy companies, hedge funds and commodity traders to hedge exposure or speculate on price movements.
Singapore is also home to the Singapore Exchange (SGX), which lists derivatives linked to Asian energy markets, including LNG futures and other commodity contracts.
CFDs (Contracts for Difference) – Retail traders commonly use CFDs to trade oil and gas prices without owning the underlying commodity. CFD trading allows investors to speculate on price movements using margin and leverage.
Popular CFD markets include Brent crude oil, West Texas Intermediate (WTI) crude oil and natural gas.
Energy ETFs – Investors who prefer a simpler approach can gain exposure through exchange-traded funds that track oil prices or energy companies.
Examples include global energy sector ETFs or funds focused on oil and gas producers. These trade like regular shares and can provide longer-term exposure to the energy sector
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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