Best Trading Platforms Singapore Compared 2026

Singapore’s position as a global financial hub makes it an attractive destination for traders seeking access to advanced platforms, diverse instruments, and strong regulatory oversight. Residents and international traders can participate in various markets through specialized trading accounts designed for different financial instruments such as CFDs, futures, options, and other derivatives. This guide outlines the main types of trading accounts available in Singapore, the regulatory framework, and the leading providers.

We have reviewed and rated the best trading platforms brokers in Singapore for CFD, Futures, Options and Forex. Use our comparison table to compare market access, fees, our expert rating and customer reviews.

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Name	Markets	Min Deposit	GMG Rating	Customer Reviews	CTA	Tag	Feature	Expand
FOREX.com: Up To $2,000 Welcome Bonus*	Markets 5,000	Min Deposit $100	GMG Rating 4.7	Customer Reviews 4.3(Based on 21 reviews)	Visit Platform 74% of retail CFD accounts lose money.	Featured Broker	Account Types: CFDs SG Regulated	Our Review Open an account, deposit at least SGD $2,000, and place your first CFD trade within 60 days to qualify for a welcome cashback bonus. The bonus depends on how much you trade, ranging from $50 for one trade up to $2,000 if you trade $20m across FX, indices, shares, or commodities. Higher bonuses require significantly higher trading volumes, with deposits starting from $2,000–$10,000 depending on the tier. FOREX.com Singapore Expert rating ^{Our expert rating is the average of the areas listed here, each scored out of 5 by our team.} 4.7Excellent Our experts have rated FOREX.com Singapore across five key areas of our review framework. Expert review by Tina TengLast updated 24th March 2026 Pricing4.5 Market Access4.5 App & Platform4.5 Customer Service5.0 Research & Analysis5.0 Pros User-friendly trading platform Tight spreads Broad market access Cons Limited to CFD trading Minimum funding requirements apply Limited stock market range Our 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: What can you trade in Singapore?* FOREX.com offers wide access to multiple asset classes, including forex, shares, indices, crypto, and a broad range of commodities. As an alternative CFD trading, it offers access to options trading in Singapore, limited risk “Knockouts” which move one-to-one with the market and can protect you from slippage during volatile price swings. You can also trade “Thematic Indices”, which as baskets of assets with exposure to a sector like AI, FAANG+, the Remote Economy, ESG and Green companies. These are great for traders because it enables you to speculate on a selection of weighted companies in one go, improving diversification and reducing the need for multiple positions. Plus, you can trade crypto CFDs over the weekends, when the FIAT markets are closed. As you are trading crpyto as a CFD with FOREX.com you can go long or short on leverage 24/7 without the need for a physical wallet or the counterparty risk of exchanges. Pricing: How much does it cost to trade? 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. One key benefit for active traders in Singapore is FOREX.com’s rebate program where you can earn monthly cash rebates when trading large volumes of CFDs across FX, indices, metals, commodities, and shares. Rebates increase with trading volume, so the more you trade, the lower your costs. For example $2–$10 per $1m traded in FX and similar markets, or 10–22% commission rebates on share trading. Rewards are paid automatically into your trading account each month, but the programme is aimed at high-volume traders meeting large notional trading thresholds. Platforms: Three platforms are available to clients in Singapore – Web Trader, Trading View, and MT4 trading platforms. Plus, you can also trade as an accredited investor with FX margins as low as 2% or through a corporate account. 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.
CMC Markets	Markets 12,000	Min Deposit $1	GMG Rating 4.7	Customer Reviews 4.2(Based on 237 reviews)	Visit Platform 69% of retail investor accounts lose money		Account Types: CFDs SG Regulated	Our Review CMC Markets Singapore Expert rating ^{Our expert rating is the average of the areas listed here, each scored out of 5 by our team.} 4.7Excellent Our experts have rated CMC Markets Singapore across five key areas of our review framework. Expert review by Tina TengLast updated 21st May 2025 Pricing4.5 Market Access4.5 App & Platform5.0 Customer Service4.5 Research & Analysis5.0 Pros Wide market access Transparent fee structure Well-established and regulated brokerage Cons High CFD slippage volatility Costly basic Invest account Limited analysis and education Our 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.
Interactive Brokers	Markets 7,000	Min Deposit $2,000	GMG Rating 4.8	Customer Reviews 4.6(Based on 1,375 reviews)	Visit Platform 62% of retail investor accounts lose money		Account Types: CFDs Futures Options SG Regulated	Our Review Interactive Brokers Singapore Expert rating ^{Our expert rating is the average of the areas listed here, each scored out of 5 by our team.} 4.8Excellent Our experts have rated Interactive Brokers Singapore across five key areas of our review framework. Expert review by Tina TengLast updated 21st May 2025 Pricing5.0 Market Access5.0 App & Platform5.0 Customer Service4.0 Research & Analysis5.0 Pros Wide market access Excellent education resources Earning interest on cash balance Cons Website interface can be overwhelming Minimum investment requirement applies Complex fee structure Our 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.
Plus500	Markets 2,000+	Min Deposit $50	GMG Rating 4.6	Customer Reviews 3.7(Based on 146 reviews)	Visit Platform 76% of retail investor accounts lose money		Account Types: CFDs	Our Review Plus500 Expert rating ^{Our expert rating is the average of the areas listed here, each scored out of 5 by our team.} 4.6Excellent Our experts have rated Plus500 across five key areas of our review framework. Expert review by Richard BerryLast updated 16th June 2026 Pricing4.5 Market Access5.0 Online Platform5.0 Customer Service4.5 Research & Analysis4.0 Pros With Plus500, you can trade CFDs on a range of assets including shares, currencies, indices, and ETFs. There are no commissions when placing a CFD trade on Plus500’s platform. Plus500 offers a range of features to help traders navigate the markets and capitalise on opportunities including charting tools, alerts, an economic calendar, and market news. Cons Other platforms offer more markets than Plus500. You can only trade CFDs on the platform (you can’t invest in stocks directly). You can’t contact the company by telephone if you require support. Our 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: Submit some documents to the company (identification, residence verification, etc.) Read through several documents and complete a questionnaire To be able to trade, you will need to fund your account (in the UK, the minimum initial deposit is £50). 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: Overnight funding fees – This is either added to or subtracted from your account when holding a position after a certain time Currency conversion fee – There is a fee (0.7%) for all trades on instruments denominated in a currency different to the currency of your account Guaranteed stop-loss order fees – If you request a guaranteed stop loss on a trade, there will be a small fee Inactivity fees – If you do not log in to your trading account for three months, a fee of up to USD $10 per month will be applied to your account. 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: Shares (e.g. Lloyds Bank, Tesla, Apple) Currencies/forex (e.g. GBP/USD) Commodities (e.g. gold, oil) Options (exchange-traded options) Exchange-traded funds (ETFs) Indices (e.g. FTSE 100, S&P 500, ESG indices) 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: Shares – 1:5 Forex – 1:30 Commodities – 1:20 Indices – 1:20 Options – 1:5 ETFs – 1:5 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: Stop-loss orders – Traders can use these orders to automatically close out a losing position at a specific level Guaranteed stop-loss orders – A guaranteed stop-loss puts an absolute limit on your potential loss from a losing trade Trailing stop-loss orders – This type of stop loss moves upwards as the price of the security being traded rises Take profit orders – Traders can use these orders to automatically close out a winning position at a specific level. 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: A dedicated premium service client manager. Periodic emails containing expert analysis of upcoming trading events. External trading webinars. A premium service customer support team. 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: You’ve performed an average of at least 10 transactions per quarter, of significant size, over the previous four quarters on the relevant market (with Plus500 and/or other providers) You have a portfolio worth more than €500,000 (including cash savings and financial instruments) You have worked in the financial sector for at least a year in a professional position that requires knowledge of the related transactions or services. Research & Analysis: Some sentiment, but limited education and analysis. Plus500 offers a range of additional features designed to help traders make money, including: Charting tools – Plus500’s platform offers charts with a wide range of indicators and drawing tools to help traders identify and capitalise on patterns and trends (there 13 charting tools and over 100 indicators) Market news – On its website, there is a section dedicated to news and market insights Alerts – With Plus500, you can set up real-time email, SMS, and push notifications for trade alerts (e.g. price alerts or % change alerts) An economic calendar – The economic calendar is designed to help traders prepare for important economic data (e.g. inflation data, retail sales data, job reports, PMI data) +Insights – This is a feature that allows Plus500 users learn more about market trends based on the company’s internal data (e.g. most bought stocks, most sold stocks) Watchlists – Users can manage multiple watchlists. Trading Academy – Plus500’s Trading Academy offers a range of educational products including eBooks, videos, and FAQs Webinars – Plus500 offers regular webinars to its professional clients A free unlimited demo account – With the demo account, novice traders can learn to trade CFDs without risking real money.

Methodology: How Good Money Guide ratings work

How did we choose the top online trading platforms in Singapore for you? The Good Money Guide team took into account:

Our annual awards which had more than 40,000 votes and reviews
Our reviewer’s experiences and thoughts after testing with real money
Good Money Guide’s exclusive interviews with the trading platform’s senior management and CEO
Comparing each online trading platform against the alternatives to bring to life the strengths and weaknesses of each one
You can discover more about how we review providers in our How We Rate page.

What types of trading accounts are there in Singapore?

Best Derivative Trading Accounts Singapore

Derivative accounts allow access to instruments such as swaps, forwards, and other structured products that derive their value from underlying assets. These accounts are often used by institutions or sophisticated traders seeking advanced hedging or speculative opportunities. Derivative trading typically involves higher complexity and risks compared to traditional investments.