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Brokers · Singapore
Best MT4 Brokers in Singapore
The best MT4 brokers for traders in Singapore — compared on regulation, costs, funding, and who they suit, using only brokers appropriate for Singapore.
Singapore is regulated by MAS, and several well-regulated brokers serve traders there. Every broker below offers MetaTrader 4, is appropriately regulated for Singapore, and earns its place on factual criteria — not on what it pays us. Here are the best MT4 brokers for Singapore.
Singapore is overseen by MAS. MAS caps retail leverage at 1:20 on majors (1:50 for Accredited Investors). We list brokers appropriate for Singapore; always confirm a broker is authorised to serve you before depositing.
MAS (the Monetary Authority of Singapore) is among the most respected regulators worldwide; it licenses brokers and caps retail leverage, so a MAS-licensed route is the gold standard locally. This is general information, not legal advice — confirm the current position for your situation.
| # | Broker | Min deposit | Platforms | Best for | Regulation | Visit broker |
|---|---|---|---|---|---|---|
| 1 | OANDA Top pick | $0 | MT4 · MT5 · TradingView | Trusted, US-permissible (direct), Singapore | FCA, ASIC, MAS, CFTC/NFA, CIRO | Visit → |
| 2 | Pepperstone | $0 | MT4 · MT5 · cTrader · TradingView | Trusted, Tier-1 geos, Copy trading | ASIC, FCA, CySEC, DFSA | Visit |
| 3 | IC Markets | $200 | MT4 · MT5 · cTrader | Scalping, EAs, Raw spread | ASIC, CySEC, FSA | Visit |
Ranked on our editorial criteria, not on commercial terms. We may earn a commission if you open an account through our links, at no extra cost to you (disclosure). Only brokers appropriate for Singapore are shown. Confirm current terms on the broker's site.
Why these brokers for Singapore
- OANDA — trusted, us-permissible (direct), singapore; regulated by FCA, ASIC, MAS, CFTC/NFA, CIRO; $0 minimum.
- Pepperstone — trusted, tier-1 geos, copy trading; regulated by ASIC, FCA, CySEC, DFSA; $0 minimum.
- IC Markets — scalping, eas, raw spread; regulated by ASIC, CySEC, FSA; $200 minimum.
Funding & payments in Singapore
Traders in Singapore commonly fund accounts via PayNow, FAST, cards. The exact options depend on the broker and can change, so check the cashier before opening an account.
PayNow, Singapore's instant transfer service, lets you fund an SGD account in moments.
MAS caps retail leverage at 1:20 on majors (1:50 for Accredited Investors). Higher leverage means higher risk — most retail traders lose money.
Start trading MT4 in Singapore
OANDA is our top pick for Singapore — open a free demo or a live account and download MT4.
⚠ Trading forex and CFDs is high-risk and most retail traders lose money. This is not financial advice.
Affiliate disclosure: we may earn a commission if you open a broker account through our links, at no extra cost to you. Learn more.
Related guides
Get set up with our MT4 download in Singapore guide, see the global best MT4 brokers, or browse MT4 brokers by country. New to the platform? Read what MT4 is.
Frequently asked questions
Is forex trading legal in Singapore?
Forex trading in Singapore operates under MAS. Use a broker appropriately regulated to serve Singapore, and remember trading is high-risk. This is general information, not legal advice.
Which is the best MT4 broker in Singapore?
For Singapore we rate OANDA highly (trusted, us-permissible (direct), singapore), with a $0 minimum deposit and regulation across FCA, ASIC, MAS, CFTC/NFA, CIRO. The best choice still depends on your needs — compare the full table above.
What leverage can I use in Singapore?
MAS caps retail leverage at 1:20 on majors (1:50 for Accredited Investors). Leverage magnifies losses as well as gains, so use it cautiously — most retail traders lose money.
How can I fund a trading account in Singapore?
Brokers serving Singapore commonly support PayNow, FAST, cards. Methods vary by broker, so confirm what's available before you open an account.
Can I use MetaTrader 4 in Singapore?
Yes. MetaTrader 4 is free and available through the brokers above — you download it from your chosen broker. See our guide to downloading MT4 in Singapore to get set up.
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You could lose some or all of your deposited funds; do not trade with money you cannot afford to lose. Past performance is not indicative of future results. Nothing on MT4Download.com is financial, investment, or trading advice. Consider your circumstances and seek independent advice if needed.