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Home / Best Forex Brokers Singapore
🇸🇬Singapore Forex Guide — Updated March 2026

Best Forex Brokers in Singapore 2026
MAS Regulated

We tested and ranked the top forex brokers for Singapore traders. Every broker listed is MAS-licensed or accepted in Singapore, supports SGD accounts, and offers low-latency execution for Asian markets.

MAS Regulated
🇸🇬SGD Accounts
Low Latency Asian Execution
Segregated Client Funds
Why MAS Regulation and Asian Execution Matter for Singapore Traders

The Monetary Authority of Singapore (MAS) is Singapore's central bank and financial regulator, overseeing all Capital Markets Services (CMS) licences. MAS-regulated brokers must segregate client funds, maintain adequate capital, and adhere to Singapore's strict conduct-of-business rules. For Singapore traders, proximity to Asian financial centres also means lower latency execution on Asian sessions — JPY, SGD, AUD, and NZD pairs — giving a measurable speed advantage over European-hosted brokers.

Top 5 Forex Brokers for Singapore Traders

Ranked by MAS compliance, SGD account support, spreads, and Asian market execution.

1
OANDA
OANDAMAS Regulated4.4/5

Top MAS-regulated broker in Singapore with no minimum deposit, SGD accounts, tight spreads, and an established global reputation since 1996.

MAS Licensed🇸🇬 SGD AccountAsian Execution
Min Deposit
S$0
Spreads From
0.6 pips (Standard)
Regulation
MAS, FCA, CFTC, ASIC
2
IG
IG MarketsBest Research4.4/5

MAS licensed with a globally trusted reputation, award-winning platform, and best-in-class market research. Ideal for experienced Singapore traders.

MAS LicensedAsian Execution
Min Deposit
S$0
Spreads From
0.6 pips (Standard)
Regulation
MAS, FCA, ASIC, BaFin
3
SX
Saxo BankPremium Platform4.4/5

MAS licensed premium broker with SGD accounts, institutional-grade tools, and deep liquidity. Best for sophisticated Singapore traders seeking multi-asset access.

MAS Licensed🇸🇬 SGD AccountAsian Execution
Min Deposit
S$3,000
Spreads From
0.4 pips (Classic)
Regulation
MAS, FCA, ASIC, FINMA
4
AvaTrade
AvaTradeBest Education4.6/5

Multi-regulated broker accepting Singapore traders with strong educational resources and fixed spreads. Good for beginners entering Singapore's forex market.

Asian Execution
Min Deposit
S$100
Spreads From
0.9 pips (Standard)
Regulation
ASIC, FCA, FSCA, CBI
5
Plus500
Plus500Simple Platform4.3/5

MAS licensed CFD and forex broker with a clean, simple trading platform. Good entry point for Singapore beginners who want a straightforward trading experience.

MAS LicensedAsian Execution
Min Deposit
S$100
Spreads From
0.8 pips (Variable)
Regulation
MAS, FCA, ASIC, CySEC
🇸🇬 #1 Rated MAS Broker for Singapore Traders

Trade Forex with OANDA Singapore — MAS Regulated, No Minimum Deposit

OANDA holds a MAS Capital Markets Services licence in Singapore. SGD accounts, no minimum deposit, competitive spreads, and fast Asian session execution.

Open OANDA Singapore Account →
74-89% of retail accounts lose money

Singapore Forex Trading — FAQs

Common questions from Singapore-based forex traders.

📝 Editorial Methodology

This page was researched and written by the forex.mobile editorial team in March 2026. Our broker rankings are based on MAS regulatory standing, SGD account availability, execution speed on Asian sessions, spread competitiveness, platform reliability, and customer support quality. We open and fund real accounts to verify claims. Brokers cannot pay for higher rankings — affiliate relationships do not influence our scores.

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