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Top 10 FOREX brokers in Singapore

Written by ForexSingapore.sg
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Here's What You Should Know About Forex Trading Singapore
If you are into the world of investment you probably have heard about the financial term FOREX. FOREX which is an acronym for Foreign Exchange refers to the process of buying and selling currencies to make profits as they change in value. Simply put, the goal of FOREX is to buy currency at a low price then sell it at a high price. Despite the risks that come with FOREX, FOREX is a profitable opportunity thanks to technology. Today, the online trading industry is filled with big players such as individual traders, corporations and financial institutions.

When you are buying and selling currency for a profit, you are simply engaging in FOREX trading. But for you to make the most out of FOREX trading you need to hire a licensed FOREX broker. You can find the best online traders by searching top 10 FOREX brokers in Singapore. TradeMote is a reputable FOREX trading Singapore that gives you a wide range of assets that you can trade through its trading platforms. This company merges technology and human touch to maximize profits for clients.


1. Hot Forex

Hot Forex allows traders to trade more than 15000 products across different asset classes, including CFDs on shares, FOREX, bonds, indices, and cryptocurrencies. The benefit of Hot Forex is that it offers currency pairs, a broad range of markets, and CFDs like cryptocurrencies. Other benefits of Hot Forex include competitive commission pricing which spreads on FOREX.

2. IQ Option

IQ Option gives users different asset and instruments that spread across financial markets like in Singapore. This trading platform allows traders to trade in different products like IQ Option FOREX, equities, bonds, CFDs, futures, cryptos, and certificates.

3. Plus500

This is a streamlined FOREX that trades in different financial markets at no commission. With Plus500 you can trade in different products such as indexes, stock, commodities, cryptocurrencies, and ETFs. Some of the lowest commission and spreads in the industry are available at Plus500.

4. City Index

City Index offers premium research tools, competitive spread, and versatile charting. The benefit of City Index is that there are large selections of CFDs which are available across the world.

5. AxiTrader

AxiTrader is a popular online FOREX broker that offers more than 20 currency pairs, silver, oil, indices, and CFDS.

6. AvaTrade

AvaTrade offers multiple trading platforms for desktop, mobile devices, and web for forex options and CFDs. This trading platform offers off-exchange forex on at least 39 currency pairs. Also, AvaTrade supports cryptocurrency CFD trading on different crypto pairs.

7. Forex.com

Forex.com is a global FOREX broker that comes with great currency pairs. The benefit of Forex.com is that it has diverse and great technical research tools, including low forex fees.

8. eToro

eToro is one of the Top 10 FOREX brokers in Singapore that was established in 2007. This is a safe online broker as it is regulated by top tier regulators. One of the benefits of eToro is that it offers social trading experience.

9. XM Group

XM Group has over 60 currency pairs that you can trade with. As you use XM Group broker you will not incur hidden fees or commission.

10. TradeMote

Finally on this list of top 10 FOREX brokers in Singapore is TradeMote. This company offers MT5, Simplex Crypto, MT5 and ForexPro. TradeMote can be used by anyone regardless of their level of expertise in Forex trading.

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