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Interactive Brokers
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Best CFD Brokers in Singapore 2026
Top MAS-regulated CFD brokers for Singapore traders. Compare spreads, platforms and instruments.
Find brokers that accept you
Based on our 2026 quantitative rating of 14 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
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.
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What to Look For in CFD Brokers in Singapore
When selecting a CFD broker in Singapore, regulatory compliance is paramount. The Monetary Authority of Singapore (MAS) is the primary regulatory body ensuring brokers operate within legal frameworks, providing a layer of security for investors. A broker regulated by MAS is more likely to adhere to stringent financial standards, ensuring your investments are safeguarded against potential malpractices.
Another vital factor to consider is the fee structure. Trading CFDs can incur various costs, including spreads, commissions, and overnight fees. It’s essential to choose a broker with a transparent fee model that aligns with your trading strategy and frequency. Low-cost structures can significantly impact your net returns, especially for high-frequency traders.
Additionally, the trading platform offered by a broker can greatly influence your trading experience. An intuitive, reliable, and feature-rich platform can enhance your ability to execute trades effectively. Look for brokers that offer advanced charting tools, technical indicators, and customisable interfaces to cater to both novice and experienced traders.
How We Rank CFD Brokers in Singapore
Our ranking methodology for CFD brokers in Singapore begins with assessing their regulatory compliance, which constitutes 25% of our scoring model. This ensures that the brokers we recommend are secure and trustworthy. We then evaluate the fee structure, accounting for 20% of the score, to identify brokers that offer competitive and transparent pricing.
The platforms provided by brokers contribute 15% to the overall score, focusing on functionality and user experience. Market variety, which determines the breadth of trading opportunities, accounts for 10% of the score. Trustworthiness, evaluated through customer reviews and industry reputation, makes up 15%, while user experience, reflecting platform usability and customer service, rounds off at 15%.
Top Picks at a Glance
- Interactive Brokers: Known for its comprehensive platform, Interactive Brokers offers a wide range of markets and competitive fees, making it ideal for seasoned traders seeking diverse investment opportunities.
- Forex.com: Forex.com stands out for its robust regulatory framework and extensive educational resources, catering to both novice and experienced traders looking for reliable guidance.
- IG Group: IG Group excels with its user-friendly platform and rich suite of technical analysis tools, making it a preferred choice for traders who value sophisticated charting capabilities.
- OANDA: OANDA is favoured for its transparent pricing and flexible platform, offering a seamless trading experience with no minimum deposit requirement, ideal for traders at all levels.
- City Index: City Index impresses with its strong customer support and wide range of CFDs, providing a balanced offering for traders seeking a well-rounded trading environment.
Frequently Asked Questions
1What is CFD trading and how does it work?
A CFD (Contract for Difference) lets you speculate on price movements without owning the underlying asset. You profit (or lose) on the difference between opening and closing price, multiplied by your position size.
2What leverage is available on CFDs?
Retail leverage limits vary by regulator: up to 30:1 for major forex pairs (ESMA/FCA), 20:1 for indices, and 2:1 for crypto under EU/UK rules. Professional traders can access higher leverage.
3Are CFDs suitable for beginners?
CFDs carry high risk due to leverage — most retail traders lose money. Beginners should start with a demo account, keep leverage low, and focus on risk management before trading live.
4What is the minimum deposit to trade CFDs in Singapore?
7 brokers on this list accept traders from Singapore with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Singapore is $100. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.
5Which 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.
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Our #1 pick for 2026
Interactive Brokers
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MAS Regulation in Singapore
14 brokers in this list hold a MAS licence · Monetary Authority of Singapore
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How do we rank brokers?
Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). The order is never for sale.
Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.