#1 Rated Broker

Interactive Brokers

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26 brokers ranked Rankings never for sale

Best Trading Brokers in Singapore 2026

Best MAS-regulated brokers for traders in Singapore in 2026. Compare fees, platforms and fund protection — independent, data-driven rankings.

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Updated 26 Aug 2026Rankings are editorially independent — never influenced by commercial partnerships

Quick Answer

Based on our 2026 quantitative rating of 26 brokers, Interactive Brokers (4.43/5), Forex.com, and OANDA rank as the top choices. Interactive Brokers leads with regulation from SEC, CFTC and 0.2 pips min spread. Rankings are calculated algorithmically and are never for sale.

#1 Interactive Brokers — 4.43/5 · Regulated: SEC, CFTC · Min deposit: $0
#2 Forex.com — 4.40/5 · Regulated: FCA, CFTC
#3 OANDA — 4.34/5 · Regulated: CFTC, FCA

See full list and detailed breakdowns below

About Plus500 in this ranking

80% of retail CFD accounts lose money.

Plus500 offers CFDs only — you trade on price movements and do not own the underlying assets.
Maximum leverage for retail clients: up to 1:20.
Although commission-free, additional fees may apply (e.g. overnight funding, currency conversion, inactivity).

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

Our Partner Brokers

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

ForTrade

4.3

FCA

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FxPro

4.1

FCA

4.1

4.0

4.0

MAS

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Plus500

4.0

MAS

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80% of retail CFD accounts lose money.

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What to Look For in Trading Brokers in Singapore

When evaluating trading brokers in Singapore, one of the foremost considerations should be regulatory compliance. The Monetary Authority of Singapore (MAS) oversees financial institutions to ensure they adhere to strict standards. A broker regulated by MAS provides a level of security and trust, reducing the risk of fraud or malpractice. Additionally, checking for any affiliations with international regulatory bodies can offer further assurance of a broker’s reliability.

Another crucial factor is the fee structure. Traders should understand the various costs associated with trading, including spreads, commissions, and overnight fees. Transparent pricing models are essential, as hidden fees can significantly impact profitability. Comparing the fee structures of different brokers can help you find the most cost-effective option for your trading strategy.

Platform usability and available features also play a pivotal role in selecting the right broker. Whether you are a novice or an experienced trader, a user-friendly platform with a comprehensive suite of analytical tools can enhance your trading experience. Look for platforms that offer real-time data, customisable charts, and seamless execution of trades. The availability of a mobile app can also add convenience for traders on the go.

How We Rank Trading Brokers in Singapore

Our ranking methodology for trading brokers in Singapore is comprehensive and systematic, ensuring a balanced assessment of each broker. Regulation holds the highest weight at 25%, reflecting its importance in safeguarding trader interests. Fees account for 20% of our score, as cost efficiency is a critical factor for profitability. The trading platforms, which are vital for user experience and functionality, contribute 15% to the overall score.

Markets availability and trust each constitute 10% and 15% of the score, respectively. Diversified market access allows traders to implement varied strategies, while trust reflects the broker's reputation and client satisfaction. Lastly, user experience, also at 15%, evaluates the intuitiveness of the broker’s interface and the quality of customer support. Together, these elements provide a holistic view of each broker's offerings.

Top Picks at a Glance

Interactive Brokers: Known for its extensive range of markets and competitive pricing, Interactive Brokers excels in offering a sophisticated trading experience for professionals.
Forex.com: With a strong emphasis on forex trading, Forex.com provides comprehensive tools and resources tailored for currency traders.
IG Group: IG Group stands out with its robust platform and a wide array of educational resources, making it ideal for both beginners and advanced traders.
OANDA: OANDA is renowned for its transparent fee structure and superior forex trading capabilities, catering well to cost-conscious traders.
City Index: Offering a diverse selection of trading instruments and a user-friendly platform, City Index appeals to traders seeking versatility and ease of use.

Frequently Asked Questions

How do we rank brokers?

Our rankings use a weighted algorithm covering regulation (25%), fees (20%), platform quality (15%), market variety (10%), trust/longevity (15%), and user experience (15%). Scores are recalculated every 24 hours.

How often are rankings updated?

Rankings are refreshed every 24 hours using live broker data and our AI-powered content pipeline.

Are these rankings paid placements?

No. Positions are determined solely by our scoring algorithm. We may earn affiliate commissions when you click through to a broker, but this does not influence rankings. A partner marked “Featured” above the list is a separate commercial placement and does not change the order.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Interactive Brokers currently ranks #1 with a score of 4.4/5. Scores are recalculated every 24 hours as broker data changes.