Brokers by Country · SG
Crypto Brokers in Singapore, 2026
Tracked byIndependent review teamUpdated
Singapore is a tightly regulated retail FX hub. CMS-licensed brokers — IG Asia, Saxo Markets, OANDA Asia Pacific, City Index, CMC Markets and Phillip Futures — dominate onshore flow. The MAS Investor Alert List names dozens of offshore platforms that solicit Singapore residents without authorisation; banks regularly block transfers to flagged entities.
2 / 3 brokers accept Singapore
cryptoEditorial top pick
01Editorial top pick
01AvaTrade
ASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 02
02Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.$10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight
Fits ifYou have $10 to start — one of the lowest entry minimums in our listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
Country context
- Regulator
- MAS · Monetary Authority of Singapore — Capital Markets Services (CMS) licence required for OTC leveraged FX
- Currency
- SGD
- Payment methods
- PayNowBank transferVisaMastercard
Singapore does not tax capital gains. Forex and CFD profits earned by individuals are not taxable unless trading is conducted as a business or principal occupation, in which case profits are subject to personal income tax (up to 24% for residents). The IRAS uses the same badges-of-trade tests as the UK to determine treatment.
For retail clients, MAS caps leverage at 1:20 on majors and 1:10 on minors and gold; accredited investors may opt out. Brokers must segregate client funds in MAS-approved trust accounts and provide a Customer Knowledge Assessment before account opening. Negative balance protection is mandatory for retail.
Frequently asked
Which brokers accept residents of Singapore?+
2 of 3 brokers in our ranking accept Singapore: AvaTrade, Libertex.
Who regulates brokers for Singapore?+
Primary regulator: MAS — Monetary Authority of Singapore — Capital Markets Services (CMS) licence required for OTC leveraged FX.
What payment methods are available?+
Common methods: PayNow, Bank transfer, Visa, Mastercard.
What are the tax rules for trading in Singapore?+
Singapore does not tax capital gains. Forex and CFD profits earned by individuals are not taxable unless trading is conducted as a business or principal occupation, in which case profits are subject to personal income tax (up to 24% for residents). The IRAS uses the same badges-of-trade tests as the UK to determine treatment.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.