Is Pepperstone or IG better for CFD trading in Singapore?

How do the main options compare for a Singapore trader?

From each firm's own site or the MAS register, read on 21 October. Pricing for the MAS licensees is not shown where we did not verify their Singapore price lists.

Pepperstone or CMC Markets, which is better for Singapore traders?

CMC Markets has offered CFDs in Singapore since 2007 through a MAS-licensed entity and runs its own Next Generation platform; Pepperstone offers raw pricing, cTrader, TradingView and MT5 from an offshore entity. Pick CMC for the local licence, Pepperstone for raw pricing and platform choice.

How do Pepperstone and Oanda compare on spreads?

Pepperstone publishes raw EUR/USD spreads from 0.0 on Razor (plus $7 round turn) and from 1.0 on Standard. We did not verify OANDA Asia Pacific's current Singapore spreads, so compare its live EUR/USD quote against Pepperstone's demo in the same minute; that is the only fair test.

Is Pepperstone cheaper than Forex.com for forex trading?

We could not confirm that Forex.com takes new Singapore clients or what it charges them, so we cannot call it cheaper or dearer. Pepperstone's verified cost is from 0.0 pips plus $7 per round-turn lot on Razor, or a 1-pip spread with no commission on Standard.

Pepperstone or Phillip Nova, which is better for a Singapore trader?

Phillip Nova is part of Singapore's PhillipCapital group, holds a MAS licence and offers CFDs on indices, commodities, shares and crypto alongside listed futures. Pepperstone is the cost and platform pick; Phillip Nova is the choice if you also want exchange-traded futures and a Singapore-licensed counterparty.

Which broker has tighter gold spreads, Pepperstone or IG?

Pepperstone's Razor account quotes spot gold from 0.08 plus commission ($7 round turn per 100-ounce lot). On IG's UK price list, gold starts at 0.3 with no commission. Pepperstone's raw spread is tighter; whether it is cheaper after commission depends on how IG Singapore quotes and sizes gold, which we did not verify.

Pepperstone or Oanda for MetaTrader trading?

Pepperstone offers both MT4 and MT5 on Standard and Razor, with expert advisors, its Smart Trader tools and a sponsored VPS for pro clients who qualify. OANDA also supports MetaTrader; check which MetaTrader version and account its Singapore entity offers before you compare costs.

Is Pepperstone or CMC Markets better for beginners in Singapore?

For a beginner, a MAS-licensed provider with a 20:1 retail FX cap is the safer place to learn, which favours CMC Markets. If you choose Pepperstone, open the Standard account (no commission, costs in the spread), set leverage low and practise on the free demo first.

Which is better for scalping, Pepperstone or Forex.com?

Pepperstone suits scalping: raw spreads from 0.0, cTrader at $6 round turn, execution from 50 milliseconds and a published 99.00% fill rate for January to March 2026. We did not verify Forex.com's Singapore terms, so we make no claim about it.

Pepperstone or IG on execution speed, which is better?

Pepperstone publishes execution from 50 milliseconds and a 99.00% fill rate with no dealer intervention, for January to March 2026. IG publishes its own execution statistics; compare the same period, because these figures change by quarter.

Which offers better value for high volume traders, Pepperstone or Oanda?

Pepperstone's active-trader programme pays pro clients $1, $2 or $3 back per FX lot at 200, 500 and 1,500 lots a month, which cuts Razor's $7 round turn to as little as $4. OANDA runs its own volume pricing; ask its Singapore desk for the tiers before you compare.

Pepperstone or Phillip Nova, which has the better trading app?

Pepperstone's own app trades all 1,350+ of its CFDs and connects to TradingView charts; it also offers the MT4, MT5 and cTrader apps. Phillip Nova's app adds listed futures. For CFDs only, Pepperstone has more platform choice; for futures as well, Phillip Nova.

Compare Pepperstone, IG and CMC Markets for Singapore traders

IG and CMC Markets give you a MAS licence and the 20:1 retail cap; IG adds guaranteed stops and weekend index markets. Pepperstone gives you raw pricing, five platforms, an SGD account and higher leverage, from an offshore entity. eccrypto.com ranks Pepperstone first on cost and IG first on protection.

Pepperstone or Moomoo, which is better for leveraged trading?

Moomoo Financial Singapore is MAS-licensed and built for owning shares, ETFs and options, with margin financing; its leveraged FX and CFD offer is narrower and we did not verify its terms. For leveraged trading across FX, indices, commodities and shares in one account, Pepperstone is the more complete tool.

Pepperstone or Tiger Brokers for CFD trading?

We found no CFD offer from Tiger Brokers in Singapore; it is a share, ETF, futures and options broker. For CFDs, Pepperstone is the one of the two that offers them.

Risk warning and disclosure

Licences and prices change; check each provider's entity and price list before you open an account, and check the MAS Financial Institutions Directory for any firm that says it is licensed.

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.