Best Forex Brokers in Singapore for 2026
Singapore is the leading forex hub in Asia. For traders here, using a Monetary Authority of Singapore (MAS) regulated broker ensures the highest levels of investor protection and capital security.
| Rank | Name | Best For | Key Stat | Rating | Action |
|---|---|---|---|---|---|
| #1 | IG Singapore | Overall / Variety | 17,000+ Markets | 4.9 | Visit Site |
| #2 | Saxo Markets | Multi-Asset / Premium | Institutional Grade | 4.8 | Visit Site |
| #3 | OANDA SG | Beginners | No Min Deposit | 4.7 | Visit Site |
IG Singapore Review
IG is the market leader in Singapore for a reason. Their platform is robust, and they are one of the few to offer a massive range of markets alongside deep local support.
What we like
- •MAS Regulated
- •SGD Denominated Accounts
- •Superior Mobile App
- •Local Physical Office
Limitation
- •Capped leverage (1:20)
- •Interface can be busy for new users
Our Methodology
We evaluated MAS-regulated brokers based on their SGD funding options, proximity to Singapore-based data centers, and compliance with MAS retail leverage rules.
Frequently Asked Questions
Is trading tax-free in Singapore?
Generally, yes. Singapore does not have a capital gains tax. However, if trading is your primary source of income, it may be treated as taxable income.
Trade properly in Singapore.
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