More about Saxo Bank
Broker availability
Is Saxo Bank Available in 🇸🇬 Singapore?
Yes — Saxo Bank is available in Singapore
Saxo Bank accepts clients from Singapore. Regulated by MAS & ASIC.
Availability last verified: October 2026
Broker availability in 🇸🇬 Singapore
132 / 341 brokers132 out of 341 brokers in our database accept clients from Singapore (39% availability). See all available brokers →
Is Saxo Bank the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
Saxo Bank vs alternatives in 🇸🇬 Singapore
| Regulator | MAS, ASIC | FCA, ASIC | MAS, ASIC | MAS, CySEC |
| Min. deposit | $2000 | $100 | $100 | $100 |
| Spread from | 0.4 pips | 0.6 pips | 0.9 pips | 0.6 pips |
| Max leverage | 200 | 500 | 400 | 30 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose Saxo Bank in 🇸🇬 Singapore?
Min. deposit
$2000
Spread from
0.4 pips
Max leverage
200
BrokerRank score
4 / 5
- 40,000+ instruments
- Real stocks and bonds, not just CFDs
- Professional-grade SaxoTraderGO platform
- Strong research and analysis
- Regulated by MAS & ASIC — legally available to Singapore residents under MAS (Monetary Authority of Singapore)
Trading conditions in 🇸🇬 Singapore
Regulated by MAS (Monetary Authority of Singapore). Max forex leverage: 1:50 (major), 1:20 (minor). Permitted instruments: Forex, CFDs, Stocks, ETFs, Options, Futures, Crypto (licensed). Singapore is a major financial hub. MAS-regulated brokers offer competitive conditions. Crypto trading is permitted under MAS licensing.
Other recommended brokers available in 🇸🇬 Singapore
Comparing Saxo Bank with other brokers available to Singapore traders.
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- Commission-free CFD trading (other fees may apply)
- Simple, user-friendly platform
- Wide range of CFD instruments (2,800+)
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
About Saxo Bank
Regulated by
MAS, ASIC
Headquarters
Copenhagen, Denmark
Founded
1992
Min. deposit
$2000
BrokerRank score
4 / 5
Markets
forex, indices, cfd
Frequently Asked Questions
1Is Saxo Bank available in Singapore?
Yes — Saxo Bank accepts clients from Singapore. The broker is regulated by MAS and ASIC. You can open a live account directly through their website.
2What are the best alternatives to Saxo Bank for Singapore traders?
Brokers we recommend in Singapore include FxPro, AvaTrade, Plus500. All are verified to accept clients from Singapore and are regulated by reputable authorities.
3Can I use a VPN to access Saxo Bank from Singapore?
Using a VPN to circumvent geo-restrictions violates Saxo Bank's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in Singapore?
Yes — forex trading is legal in Singapore and regulated by MAS (Monetary Authority of Singapore). The maximum permitted leverage for forex is 1:50 (major), 1:20 (minor). Only brokers licensed in Singapore or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Singapore?
Forex: up to 1:50 (major), 1:20 (minor). Stocks: up to 1:5. These limits are set by MAS (Monetary Authority of Singapore) and apply to all licensed brokers serving Singapore residents. Singapore is a major financial hub. MAS-regulated brokers offer competitive conditions. Crypto trading is permitted under MAS licensing.
6Which financial instruments can traders in Singapore access?
Traders in Singapore regulated by MAS (Monetary Authority of Singapore) can access the following instruments: Forex, CFDs, Stocks, ETFs, Options, Futures, Crypto (licensed). Singapore is a major financial hub. MAS-regulated brokers offer competitive conditions. Crypto trading is permitted under MAS licensing.
7Which brokers accept clients from Singapore?
132 out of 341 brokers in the BrokerRank database accept clients from Singapore. Recommended options include FxPro, AvaTrade, Plus500. You can see the full list on our Singapore brokers page.