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Which CFD brokers accept Singapore residents?

Key takeaways

  • MAS licensees: IG, CMC Markets, OANDA, Phillip Nova, Moomoo (check the MAS register).
  • Offshore, accepting Singapore residents: Pepperstone, XS.
  • Capital.com: not available in Singapore.
  • Pepperstone retail leverage up to 1:200 on FX; MAS licensees cap retail FX at 20:1.
  • Pepperstone's cheapest FX route: Razor on cTrader, $6 per round-turn lot.

Who is the best CFD broker in Singapore?

On cost per lot, platforms and range, eccrypto.com ranks Pepperstone first. On legal protection, a MAS licensee such as IG or CMC Markets comes first. Decide which matters more to you before you open an account.

What is the best CFD trading platform in Singapore?

For charting, TradingView; for automation, MT5 or cTrader; for a simple start, the Pepperstone app. Pepperstone gives you all five on one login, which is why we put it first for platform choice.

Which is the lowest fee CFD broker in Singapore?

Of the brokers we priced, Pepperstone Razor on cTrader is cheapest on FX at 0.0 pips plus $6 per round-turn lot; XS Elite is close at 0.1 pips plus $6. We did not verify the MAS licensees' Singapore price lists, so compare their live spreads against those figures.

Which CFD broker in Singapore has the tightest spreads?

Raw-spread accounts quote the tightest: Pepperstone Razor from 0.0 on EUR/USD and 0.08 on gold. A raw spread is not the whole cost, so add the commission before you compare it with a spread-only account.

Which CFD broker in Singapore is best for beginners?

A MAS licensee with the 20:1 retail cap and Singapore dispute channels is the safer place to learn. If you open with Pepperstone instead, use the Standard account and low leverage, and practise on the demo first.

CFD broker comparison for Singapore traders

The comparison that matters: who holds your money, under which licence, and what a round-turn lot costs. Pepperstone: Bahamas, $7 on Razor. XS: Seychelles, about $7 on Elite (0.1 pips + $6). IG, CMC, OANDA, Phillip Nova: Singapore, prices on their own sites.

Which CFD brokers offer a free demo account to Singapore traders?

Pepperstone, IG, CMC Markets and OANDA all offer free demos. Pepperstone's run on all five of its platforms with unlimited virtual funds; MetaTrader demos expire 60 days after opening.

What leverage can Singapore traders get on CFDs?

At MAS licensees, retail FX leverage is capped at 20:1, higher for accredited investors. At Pepperstone's Bahamas entity, retail limits are 1:200 on FX, gold and major indices, 1:50 on other commodities, 1:20 on stocks and Bitcoin, and up to 1:500 for professional clients.

Pepperstone retail leverage under its Bahamas licence
AssetRetailPro
FX1:2001:500
Gold1:2001:500
Major indices1:2001:500
Commodities (excl. gold)1:501:50
Other metals1:101:50
Stocks1:201:20
BTC/USD1:201:500

Which CFD broker offers the most markets?

Pepperstone lists 1,350+ CFDs: 93 FX pairs, 26 indices, 1,162 shares, 40 commodities, 95 ETFs and 31 cryptocurrencies. IG and CMC Markets list more markets in total; if you want the widest catalogue, they lead.

Which CFD broker has the best trading platform?

There is no single best: TradingView has the best charts, cTrader the best order-flow tools, MT5 the deepest automation. Pepperstone offers all three plus its own app, so you can switch without moving broker.

How much does CFD trading really cost per month?

eccrypto.com's example: 20 round-turn lots of EUR/USD a month on Pepperstone Razor cost $140 in commission at a 0.0 spread, plus swaps on anything held overnight. The same 20 lots on Standard cost about $200 in spread (1 pip × $10 × 20). Pepperstone charges no inactivity or data fee.

What overnight financing costs apply to CFD trading?

Positions held past 5 pm New York time pay or earn a swap. At Pepperstone, index and share CFDs cost close × size × (2.5% ± the reference rate) / 360; FX and metals follow tom-next rates; commodities follow the futures basis plus 2.5% a year.

Which CFD broker is best for high volume traders?

Pepperstone's active-trader programme rebates $1 to $3 per FX lot from 200 lots a month and cuts index and commodity spreads by 10% to 30% at higher volumes, for professional clients. Premium status needs $15 million of monthly notional for two quarters.

Which CFD broker is best for day trading in Singapore?

Day traders need raw pricing and fast fills: Pepperstone Razor, execution from 50 ms and US indices open nearly 23 hours a day on weekdays. The Asian session covers Japan 225, Hong Kong 50 and China A50.

Which CFD brokers offer 1:200 leverage to Singapore traders?

Pepperstone does, on FX, gold and major indices, through its Bahamas entity. MAS licensees cannot offer it to retail clients. Higher leverage means a smaller move can wipe out the margin; most traders do not need it.

How do I check whether a CFD broker is trustworthy?

Find the exact legal entity named in the client agreement, look it up on that regulator's own register (MAS Financial Institutions Directory for Singapore firms, the SCB register for Pepperstone Markets Limited), check the MAS Investor Alert List, and test a small withdrawal before funding fully.

Which CFD brokers offer an API for automated trading?

Pepperstone offers APIs, MT4/MT5 expert advisors, cTrader cBots and, for professional clients, FIX API. cTrader's Open API is the most accessible for a retail developer.

Which CFD brokers offer 24 hour trading?

Pepperstone offers crypto and perpetual CFDs 24/7, about 100 US share CFDs 24 hours a day on weekdays, and US indices for nearly 23 hours a day. Standard index and FX markets close at the weekend.

Which CFD broker has the best customer support in Asia?

Pepperstone offers support 24 hours on weekdays and 18 hours at weekends, with APAC teams on WhatsApp, LINE and WeChat as well as email, phone and live chat. A MAS licensee adds an office in Singapore.

What are typical spreads and commissions on CFDs?

At Pepperstone: EUR/USD from 0.0 plus $7 round turn on Razor or 1.0 with no commission on Standard; US500 0.4 points, NAS100 1, Hong Kong 50 5 and Japan 225 7, all with no commission; US share CFDs from $0.02 per share per side.

Which CFD broker is most reliable during volatile markets?

Look for a published fill rate and no dealing desk. Pepperstone reports a 99.00% fill rate with no dealer intervention for January to March 2026; spreads still widen on data releases at every broker.

Which CFD brokers offer professional or accredited investor accounts?

MAS licensees offer accredited investor status under Singapore law. Pepperstone offers a pro account: you self-certify two of three criteria (trading experience, over USD 500,000 in cash and portfolio, or a financial-sector role) for leverage up to 1:500 and rebates. Pro clients lose some retail protections.

Which CFD brokers support the Asian trading session?

All the major brokers do. At Pepperstone, Hong Kong 50 follows HKEX futures hours (9:15 am to 12 pm, 1 pm to 4:30 pm and 5:15 pm to 3 am Singapore time), and Japan 225 and the US indices run almost around the clock on weekdays.

What is the best CFD trading account for a Singapore trader?

For active FX and gold traders, Pepperstone Razor in SGD on cTrader; for occasional traders, Pepperstone Standard, with no commission to track. If you want a MAS licence, open the equivalent account at IG or CMC Markets.

Which brokers let Singapore traders trade CFDs on margin?

Every CFD broker trades on margin: you post a fraction of the position value. At Pepperstone, 1:200 on FX means 0.5% margin; at a MAS licensee, 20:1 means 5%. Your losses are on the full position, not on the margin.

Risk warning and disclosure

Leverage limits and spreads change; check the figures on each provider's site, and remember that higher leverage raises risk, not returns.

This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Pepperstone and XS serve Singapore residents from offshore entities without a MAS licence, so MAS rules and Singapore dispute channels do not cover those accounts. Spread figures are minimums or averages the providers publish and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.

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