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Forex Trading Singapore

Searching for information about online Forex trading in Singapore? We have 900+ online trading companies for Singaporeans. Start investing now with the best Forex broker for Singapore: Eightcap (Lowest Spreads)

Top 5 Forex Offers for Singapore

Full List of Singapore Forex Brokers

What is Forex Trading?

To trade Forex currencies online, a new trader must open an account with a broker. Brokers own trading companies that provide a platform or place where Forex Traders can trade through an online account by the use of the customized software.

ECN Trading in Singapore is one of the best online trading methods. By trading with a broker who offers the use of an Electronic Communications Network (ECN) to their clients, the trader can be connected with other buyers and sellers of currency pairs. The broker will usually charge a small commission fee for this service, but the benefits of trading through an ECN include the ability to trade after closing hours. ECN Trading prevents brokers from trading against the customer.

Trading through Meta Trader 4 Singapore is a good idea for new traders. Meta Trader 4, developed by MetaQuotes Software helps new traders through the provision of tools for price analysis, the placement and management of trades. Traders on Meta Trader 4 have the option of automated trading.

Try to Earn Money with Trading in Singapore: Begin Trading Here

#1 Rated Best Singapore Broker

Trade 40 major and minor forex pairs with ultra-low spreads
AI-powered trading tools including an economic calendar and auto-trading tool Capitalise.ai
Choose to trade with TradingView, MetaTrade 4 or 5
Weekly events and webinars allow you to connect with Eightcap's trading professionals

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Eightcap: Read the Review

Lowest Spreads - Eightcap!

#2 Rated Best Singapore Broker

Trade with up to 1:1000 Leverage on the MT5 Platform
Fully Regulated with the FSC in the Belize
Trade with Ultra-Thin Spreads - As Low as Zero Pips
Trade and Earn XM Points that can be Redeemed for Credit Bonus Rewards

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Try a Free Demo

XM: Read the Review

Get $50 Free - XM!

The current XM bonuses available differ depending on the country you reside in. To view the specific promotion available to you, click here

#3 Rated Best Singapore Broker

230+ tradable symbols including Forex, Indices and Metals
11 years on the market and 150 countries covered
Rated the best Global Broker Asia for 2022
500:1 maximum leverage

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50% Bonus - Octa

Octa: Read the Review

50% Bonus - Octa!

How to Invest in Forex in Singapore

Choose a Broker

Create an Account

Start Trading!

Forex in Singapore is Legal, Right?

Yes! It is 100% legal and safe for any Singaporean to trade Forex. Each Singapore Forex trading company listed in our top 5 is regulated by an authority such as the Monetary Authority of Singapore (MAS) and is respectful of the law. We do not post links to any Forex broker that is illegal in Singapore.

Get the full details here: Is online Forex trading legal in Singapore?

Is Forex Trading Legal in Singapore? Details Inside Singapore

What is Forex Trading?

In the terminology of Forex Trading, traders purchase currency pairs. The currency on the left-hand side of the pair is called the Base Currency, while the currency on the right-hand side of the pair is known as the counter currency. Traders buy a currency pair if the base currency is increasing in price against the counter currency. Conversely, traders will sell a currency pair if the base currency is decreasing in price against the counter currency.

Start Trading: Top Rated Forex Brokers

Why Do People Trade in Foreign Currencies?

Online trading Singapore allows the trader to define some of the terms of the trade they wish to make, for instance, the expiration date and the price at which the call or put options are implemented. Note that a Call option defines the client’s right to buy and the Put option defines the client’s right to sell.

CFD Trading is Hot! Best CFD Platforms

We Compare Every Broker Forex Singapore

ForexSingapore.sg is a highly regarded Forex review portal website. Launched in 2013, our team has grown a reputation for producing fair and thourough reviews online trading platforms for Singaporeans. We are very detailed in our tests of Singapore Forex trading company offerings.

Note: If you are not in Singapore change to a different version of our site.

List of all Singapore Forex Broker Reviews