Best Forex Brokers in Singapore for 2026
Top MAS-regulated forex brokers offering competitive spreads and adherence to 2026 digital finance guidelines.
Written by
Emily Watson
Fact Checked by
David Okonjo
Top 8 Forex Brokers for Singapore Traders in 2026
As a premier Asian financial hub, Singapore enters 2026 with a robust regulatory framework under the Monetary Authority of Singapore (MAS). Recent updates focus on strengthening digital asset safety and investor protection. Our 2026 guide highlights brokers that excel in this stable environment, offering MAS-regulated security, competitive pricing, and advanced platforms for sophisticated traders.
Is forex trading regulated in Singapore?
Yes, forex trading is regulated by the Monetary Authority of Singapore (MAS). MAS-regulated brokers must meet strict capital requirements and maintain segregated client accounts.
Key Features for Singapore Traders
Compare essential features of forex brokers available to Singapore residents.
| Broker | ||
|---|---|---|
| IG Singapore | None | S$0 |
| Saxo Markets | None | S$3000 |
| OANDA | None | S$0 |
| CMC Markets | None | S$0 |
| City Index | None | S$150 |
| Plus500 | None | S$150 |
| Phillip Capital | S$5/lot | S$500 |
| KGI Securities | S$6/lot | S$1000 |
Detailed Broker Analysis
Best overall forex broker in Singapore.
IG Singapore is MAS-regulated and offers world-class trading platforms, excellent research, and over 17,000 markets accessible to Singaporean traders.
Premium multi-asset trading for professionals.
Saxo Markets Singapore provides access to 185 forex pairs plus global stocks, bonds, and derivatives through their award-winning SaxoTraderGO platform.
Trusted forex specialist since 1996.
OANDA is one of the oldest MAS-licensed forex brokers, known for transparent pricing, flexible position sizing, and reliable execution.
Next-gen platform with 9,000+ instruments.
CMC Markets Singapore offers their powerful Next Generation platform with extensive charting, pattern recognition, and over 330 forex pairs.
Excellent mobile trading experience.
City Index (part of GAIN Capital) offers competitive pricing and an excellent mobile app for trading forex and CFDs on the go.
Simple CFD trading platform.
Plus500 offers a user-friendly web-based platform for trading CFDs. Simple interface ideal for beginners, no commissions on trades.
Local Singapore broker with global reach.
Phillip Capital is a MAS-regulated Singapore broker offering local expertise with access to global markets. Their DGI Pay system enables fast local transfers.
Full-service brokerage for active traders.
KGI Securities Singapore offers comprehensive trading services including margin trading and research reports for active Singapore traders.
Frequently Asked Questions
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January 2026