Expert reviews, ratings, and trading conditions for Singapore-regulated forex brokers. Filtered by composite score, tier, spread, and platform.
Singapore hosts a diverse selection of forex brokers, subject to varying levels of regulatory oversight. We have reviewed 21 brokers in this jurisdiction with an average editor rating of 2.8/10.
Broker leverage in Singapore is shaped by both the local regulator's requirements and international agreements. Our data shows maximum available leverage of up to 1:500, with minimum deposit thresholds from $5.
Traders based in or targeting Singapore should verify that their chosen broker holds the appropriate local license alongside any international certifications. Our tiered comparison table (Globally Licensed → Offshore → Unlicensed) makes it easy to identify brokers with the strongest regulatory standing. D prime currently ranks #1 among Singapore brokers in our 2026 composite score analysis.
Lowest minimum deposit among Singapore-licensed brokers in 2026.
| Broker | Rating | Spread | Key Metrics | Platform | |
|---|---|---|---|---|---|
|
Score: 7.9
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 7.1
Above 20 years
|
N/A |
No USDT
|
MT5
|
||
| ⚠️ No Regulatory License | |||||
|
Score: 5.6
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 5.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 5.2
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 5.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.2
1-2 years
|
N/A |
No USDT
|
MT4 MT5
|
||
D Prime employs advanced security measures, including Professional Indemnity Insurance (PII) to safeguard client assets. Additionally, client funds are kept in segregated accounts to ensure they are protected and easily distinguishable from the company's operational funds.
D Prime offers competitive trading conditions, including flexible leverage, low spreads, and a variety of trading instruments across forex, commodities, stocks, and indices. Clients can benefit from fast execution times and a user-friendly trading platform, enhancing their overall trading experience.
D Prime adheres to strict regulatory standards and is licensed to operate in multiple jurisdictions. The company regularly undergoes audits and compliance checks to ensure that all operations meet the required legal and regulatory frameworks, protecting client interests and maintaining transparency.
D Prime provides a robust customer support system, including live chat, email support, and a comprehensive Help Center. Clients can access assistance 24/7, ensuring that their inquiries and concerns are addressed promptly and effectively.
Phillip Nova is regulated by the Monetary Authority of Singapore (MAS), which imposes strict financial standards and operational guidelines. Client funds are protected through segregation, meaning that client deposits are held separately from the broker's operational funds. This reduces the risk of loss in the event of financial difficulties faced by the broker. Additionally, Phillip Nova's long-standing presence in the market since 1983 further establishes its credibility in protecting investor interests.
Phillip Nova offers a diverse range of trading instruments across multiple asset categories. Clients can trade Forex (with over 40 major pairs), commodities such as gold and oil, indices like the S&P 500, and access over 11,000 stocks and ETFs. Additionally, cryptocurrency trading is available for major coins like BTC and ETH, catering to various trading styles and preferences.
Phillip Nova provides multiple support channels for clients, including email, live chat, and telephone support. Their customer support team is available 24/5 and can assist in multiple languages, ensuring effective communication and timely responses to inquiries. This comprehensive support structure is designed to enhance the client experience and address concerns promptly.
Yes, Phillip Nova offers a demo account that allows beginner traders to practice and test their trading strategies without any financial risk. This enables new traders to familiarize themselves with the trading platforms and tools available, such as Phillip Nova 2.0 and MetaTrader 5, before opening a live account.
