Il 75-90% dei trader al dettaglio perde denaro nel trading di Forex e CFD. Devi valutare se hai capito come funzionano i CFD e il trading con leva finanziaria e se puoi permetterti l’alto rischio di perdere il tuo denaro. Potremmo ricevere un risarcimento quando fai clic sui link ai prodotti che esaminiamo. Si prega di leggere la nostra informativa pubblicitaria. Utilizzando questo sito Web, accetti i nostri Termini di servizio.
As a resident of Singapore, there are advantages and disadvantages to trading with a locally regulated Singapore broker. Though unregulated brokers are allowed to operate in the country, it is best to use either a MAS regulated broker which is required to attain a Capital Markets Service Licence or a well-respected international broker. Since MAS regulated brokers are only allowed to offer a maximum leverage of 20:1 for traders without an accredited investor licence, there is an appeal of using an internationally regulated which can offer improved trading conditions.
These are the best Forex brokers in Singapore for 2024, including MAS and internationally regulated brokers.
Although Forex brokers accept clients from most countries, their trading conditions and regulatory supervision may be different for Singapore residents. This is especially true for brokers who hold a MAS license. To find the best Forex broker for Singapore residents, we need to explain what the differences are and how they affect traders in Singapore.
MAS Regulation: Regulators supervise Forex brokers and other financial services companies to make sure they’re behaving ethically and within the law. Tier 1 regulators, like MAS, have the best legal structure and enforcement mechanisms in the world, ensuring a clean market and the protection of participants. The advantages of registering with a MAS regulated broker include:
Segregated trading accounts which protect client funds from broker mismanagement or default
Negative balance protection ensures that client losses can not exceed the amount in the trading account.
Client fund protection that includes higher margin close-out percentages designed to limit client losses.
Effective fraud investigation processes and frequently published investment scam reports.
Broker Trading Conditions and Costs: Better Forex brokers will often have lower trading costs, meaning that spreads are tight and minimum deposits are low. Trading execution should be lightning-fast and with little or no intervention. Forex brokers should also publish their spreads, execution policy, maximum leverage available, and a list of all CFDs available to traders in Singapore. Note that trading conditions and negative balance protection availability change depending on a trader’s country of residence, and some MAS brokers will encourage traders to register their account under their offshore license in order to circumvent leverage restrictions.
Broker Education and Analysis: Brokers should offer beginner traders a coherent and well-structured trading course alongside a demo account. Brokers should supply detailed market analyses to highlight trading opportunities and provide a complete learning experience.
Broker Trading Platform: Brokers will have their own trading platform or provide support for a third-party platform, such as MT4, MT5, or cTrader. Some brokers will do both. Most Forex traders generally have a platform preference, so brokers with multiple platforms are more likely to have the platform a trader wants to use.
To test these Forex brokers, we opened both demo accounts and real accounts, set up the trading software, read the educational material, deposited and traded 350 USD of our money, and created all kinds of trouble for the customer service teams. Plus we put the withdrawal procedures to the test to see how long it took to process and receive our money. While experimenting with these brokers, we rate the quality of their financial regulation, trading platform choice and read the fine print to get a grasp of the trading conditions and how transparent the broker is with sharing them.
FP Markets supports the MT4 version and the newer and more feature-filled version MT5. For professional traders, the Iress platform is available. This is a customisable web-based platform that offers the trader custom alerts, news feeds and a range of other options to fine-tune the trading experience.
With a minimum deposit of 100 USD, traders can open a commission-free trading account with 60+ FX pairs, metals, indices and commodities to trade. Averages spreads are 0.1 pips (EUR/USD), 0.2 pips (GBP/USD) and 0.1 pips (USD/JPY), and leverage up to 30:1 on Forex pairs. Commission on this account is 6 USD round turn, making the trading costs at the low end for the industry.
The Traders Hub portal gives beginner CFD traders the education they need to get started and includes eBooks, video tutorials and trading courses. This section also features market analysis, so traders get an expert opinion on current market movements and a view ahead into the week ahead.
Pro
Trusted since 2005 with top-tier regulation
100 USD minimum deposit amount
Supports MT4 MT5 cTrader and TradingView
Spreads start at 1.0 pip and narrow to 0 pips with higher trading volumes
Welcoming South African traders with specific regulatory compliance
Controindicazioni
Notably higher withdrawal fees than competitors
Stock CFDs are Limited on MT4/MT5 and primarily available through IRESS
Accetta clienti italiani. Spread medio EUR/USD 0.10 pip con 6 commissione in USD round turn sull'account di trading con il deposito minimo più basso. Leva massima 30:1. Account islamico disponibile. MT4e MT5. FP Markets è regolamentato da CySEC e ASIC ed è registrato a St Vincent e Grenadine.
Materie prime, Criptovalute, Stock CFDs, ETF, Forex, Indices, Metalli
Pepperstone is the leading Deutsch ECN/STP Forex broker. Most trades on Pepperstone have execution in less than 30ms, which is ideal for scalpers and clients who run expert advisors. Both accounts offer market execution with some of the tightest spreads in the industry – the Razor Account has spreads from 0 pips for the EUR/USD and 7 USD commission. Furthermore, Pepperstone supports all three major trading platforms – MT4, MT5 and cTrader.
Pepperstone’s award-winning, 24-hour support provides the foundation for its excellent customer service, where personalised assistance is available via several methods. For beginners interested in ECN trading, Pepperstone’s also has one of the better education sections offered by a market execution broker.
Accetta clienti italiani. Spread medio EUR/USD 1.00 pip con 0.0 commissione in USD round turn sull'account di trading con il deposito minimo più basso. Leva massima 30:1. Account islamico disponibile. Piattaforme MT4, MT5 e cTrader supportate. Pepperstone è regolata dalla FCA, ASIC, e la DFSA. 74.6% di trader perde soldi con questo provider.
Obbligazioni, Materie prime, Criptovalute, Digital 100s, Stock CFDs, ETF, Forex, Indices, Tassi di interesse
IG is the world’s largest CFD broker by revenue and listed on the LSE and a member of the FTSE 250, giving IG Markets a stricter layer of oversight than most regulated brokers. Yearly audits and compliance reports to the LSE and the FCA provide a high level of oversight on all CFD trading.
IG offers a single CFD account type is offered. Forex trading is commission-free, and spreads start at 0.85 pips pips on the EUR/USD. Other instruments also available through the same account include commodities, indices, cryptocurrencies, over 16,000 shares and ETFs, options, interest rates and bonds. Negative balance protection is provided to all clients, and all funds are kept in segregated accounts.
The IG Academy has structured courses for beginner, intermediate and advanced traders and daily classroom-style lessons. Market analysis is updated regularly by the IG research team of finance professionals.
Accetta clienti italiani. Spread medio EUR/USD 0.60 pip sull'account di trading con deposito minimo più basso. Leva massima 30:1. Account islamico disponibile. Piattaforme MT4, ProRealTime e L2 Dealer supportate. Capital.com Group regolato da FCA, ASIC, CySEC e FSA. 71% dei trader perde denaro con questo provider.
Materie prime, Criptovalute, Stock CFDs, ETF, Forex, Indices
Few brokers have a minimum deposit as low at 5 USD, in exchange for all the features available at the brokerage. The company vision “to provide the most superior and unrivalled trading experience for our clients” definitely comes in at a reasonable level for beginner traders.
While ASIC-regulated CMC Markets currently only offers a single live account, spreads are tighter than most of its competitors with a minimum spread for EUR/USD at 0.70 pips and GBP/USD at 0.90 (no commission per lot) keeping trading cost at USD 7 USD per lot. Max leverage is 30:1 , and margin rate is 0.20% on this account.
Pro
Offers a selection of over 12
000 trading instruments
Features competitive spreads from 0.7 pips on major pairs on its commission-free accounts
No minimum deposit requirement
Supports MT4 and the proprietary Next Generation platform which delivers a superior mobile trading experience
Regulation by leading authorities such as ASIC
FCA
FMA
and BaFin
Controindicazioni
Commission-based accounts are subject to high fees potentially affecting profitability
The absence of live chat support may hinder prompt assistance
Some withdrawal methods have fees adding to the total trading costs
Attenzione: accetta clienti italiani. Spread medio EUR/USD 0.70 pip sull'account di trading con deposito minimo più basso. Leva massima30:1. Account islamico senza swap disponibile. Piattaforme proprietarie MT4 e CMC supportate. CMC Markets è regolato da BaFin, ASIC, FCA, MAS e FMA. 76% di trader perdono denaro con questo provider.
Winner of the award for the best Forex broker of 2020, AvaTrade offers Singapore forex traders a preeminent mobile trading experience. Avatrade spreads are some of the tightest for a commission-free account with a 100 USD minimum deposit – as low as 0.90 pips pips on the EUR/USD. Maximum leverage is set at 1:400 on MT4 and MT5, which include EA’s, indicators, scalping, hedging, and provides free access to the integrated Trading Central dashboard for both platforms.
The AvaProtect tool available in the mobile app enhanced AvaTrade’s reputation as a client-focused broker, allowing traders to purchase loss protection for a time. Any losses during that time are fully refunded, but any profits are the traders to keep.
Pro
Top-tier regulation and security with licenses from ASIC and CBI among others
Accessible trading with a low minimum deposit of 100 USD
Award-winning mobile trading with the AvaTradeGO app with social trading features
Wide range of assets including unique instruments like vanilla options
Educational material to support trader development and strategy enhancement
Controindicazioni
Market analysis could be more extensive
Poor regulatory oversight outside of the UK and EU
Avatrade is a Market Maker and operate a dealing desk which might not align with all trading preferences
Attenzione: accetta clienti italiani. Spread medio EUR/USD 0.90 pip sugli account di trading con deposito minimo più basso. Leva massima30:1. Account islamico disponibile. Piattaforme MT4 e MT5 supportate. AvaTrade Group regolato da CBI, ASIC, FSCA, B.V.I FSC & FSA. 76% dei trader perde denaro con questo provider.
The Monetary Authority of Singapore (MAS)
Singapore is one of the largest financial centres in the world and has a well-regulated financial trading sector. The Monetary Authority of Singapore (MAS) oversees all regulated brokers in the country and is increasingly seen as a responsible and reputable regulator.
A Forex broker who wants to set up a base of operations in Singapore is required to have a Capital Markets Service Licence issued by MAS. Though internationally-based brokers are still allowed to operate unregulated in Singapore, it is highly recommended that you use a MAS regulated broker for the protection they offer consumers:
MAS regulated brokers are required to segregate broker and client funds – so if a broker falls into bankruptcy, all customers will be refunded.
The management of MAS compliant brokers are required to pass a fit and proper test – they must have qualifications commensurate with the financial services industry and have an unblemished professional background.
MAS requires brokers to deal with all customer complaints via a legal framework, overseen by the regulator. If you do have an issue with a MAS regulated broker you can apply for the Financial Industry Disputes Resolution Centre (FIDReC) to intervene and investigate your complaint.
As part of a recent raft of regulatory tightening, MAS has limited the amount of leverage that can be offered by brokers at 20:1, though this can be increased if you are an accredited investor (requiring personal assets of more than 1.5 million USD). Though this low level of leverage does limit potential profits it also limits the losses traders can be exposed to.
MAS is not only responsible for regulating Forex brokers but for all aspects of finance in Singapore. MAS also acts as the country’s central bank and enforces compliance with legislation on insurance, banking, equities, and currency. All regulated entities will have a profile (example: Plus500) on the MAS website.
MAS is increasingly being viewed as a world-class regulator, with a strict code of conduct. This was further underlined by the recent announcement by MAS and the UK’s Financial Conduct Authority (FCA) that they plan to deepen cooperation across a range of sectors. Though the focus of the partnership is on preventing cybercrime, the collaboration also includes sharing best practices and innovations in the development and delivery of training programmes and facilitating mutual recognition of professional standards and certifications.
MAS has also recently announced a campaign to incentivise major members of the foreign-exchange industry to set up systems in Singapore, removing the delay caused by routing trades via Tokyo or London. UBS and CitiGroup have already set up local pricing engines and MAS hopes to bring in at least six more major companies. Though this won’t have a direct effect on CFD Forex trading, we expect the sector to expand further over the coming years as Singapore becomes a major Forex trading hub.
All MAS regulated brokers
Here is our curated list of all of the MAS-regulated brokers we have reviewed, ordered by overall score. The broker with the highest score is at the top of the list.
Prices may not be accurate and may differ from the actual market price. Prices on the website are indicative and solely for informational purposes, not for trading purposes or advice
MoneySense
MoneySense was founded in 2003 and is Singapore’s national financial education programme. All MoneySense programmes are overseen by the MoneySense Council, which is co-chaired by MAS and comprises representatives from various government agencies.
It is focussed on educating the public and providing them with the information to make more informed financial decisions.
MoneySense can be useful for traders as they regularly post alerts regarding various financial scams, including unregulated brokers and people fraudulently claiming to represent regulated brokers.
MoneySense is a good example of how seriously MAS takes its role as an educator. A financially educated populace is more likely to make intelligent investment decisions and will be better customers for responsible brokers.
Conclusion
The Singapore financial sector is tightly regulated and has one of the lowest rates of malpractice in the world. As MAS takes further steps to enhance the country’s reputation as a secure place to trade we expect the CFD Forex trading industry to grow. By using a MAS regulated Forex broker you can guarantee the security of your funds and know that your rights are protected.
Forex Risk Disclaimer
Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products.
Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.
Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)
Our Methodology
Our State of the Market Report and Broker Directory are the result of extensive research on over 100 Forex brokers. The explicit goal of these resources is to help traders find the best Forex brokers – and steer them away from the worst ones – with the benefit of accurate and up-to-date information.
With over 150 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal.
In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from your perspective.
All research has been conducted by our in-house team of researchers and writers, gathering information from various company representatives, websites and by sifting through the fine print. Learn more about how we rank brokers.
4.40
Accetta clienti italiani. Spread medio EUR/USD 0.10 pip con 6 commissione in USD round turn sull'account di trading con il deposito minimo più basso. Leva massima 30:1. Account islamico disponibile. MT4e MT5. FP Markets è regolamentato da CySEC e ASIC ed è registrato a St Vincent e Grenadine.
