CFD Trading In Singapore

CFD trading in Singapore is big business. In fact, it’s the fourth-largest CFD market globally. Here we’ll look at how traders can get started, the best CFD brokerage firms and platforms in Singapore 2021, plus answer any regulatory and legal questions.

CFD Brokers in Singapore

FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.
Trade CFDs on popular indices, shares, forex, crypto & commodities. Award winning platform, zero commission, free education and low spreads.
Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand.
72% of retail CFD accounts lose money. are a new brokerage, offering options and CFDs on a simple, reliable, flexible platform. Get access to volatility indexes exclusively at Deriv.
BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.
Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%. Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses. boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform. - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
Trade CFDs in a range of financial markets.
Reliable and affordable trading since 2009. Join over 400,000 others trading on 300+ CFD products over assets like forex, gold, indices and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
CFDs are supported for US stocks, equity indices, currency indices, energies and metals.
Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. offer CFDs and Forex on a huge range of assets, with competitive spreads and unique platforms, including the fully functional mobile app.
75.26% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Trade CFDs with up to 1:2000 leverage.
FXChoice offers leveraged CFD products on a breadth of financial markets.
Trade on a range of CFDs with competitive spreads and leverage.
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.
Invest in the markets with online CFDs.
Trade CFDs with high leverage & low spreads.
Access multiple financial markets with CFDs.
Diversify your portfolio with contracts for difference in multiple financial markets.
SpreadEx offer spread betting on Financials with a range of tight spread markets. Popular award winning, UK regulated broker.
Invest in the markets with CFDs at FBS.
Trade CFDs on forex, indices, shares, precious metals, and energies.
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Explore Investous, A brand new Forex and CFD broker offering MT4 and Webtrader platforms. Official sponsors of PSV Eindhoven
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
IronFX offers online trading in forex, stocks, futures, commodities and cryptocurrencies
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
Dukascopy is a Swiss-based forex, CFD, and binary options broker are the established pioneers of binary options. The choice of the advanced trader, offer the greatest flexibility of any binary broker. They also offer Forex and CFD via the MT5 platform.
Rockfort Markets clients can trade a range of CFDs with high leverage rates, covering crypto, forex, commodity and international equity markets.
Contracts for difference are offered on popular financial markets with tight spreads.
AdroFX offers margin trading on CFDs across popular financial markets.
Start trading on the financial markets with up to 1:500 leverage using competitive CFDs.
CFDs are available on multiple financial markets including FX, indices & shares.
Buy and sell across the financial markets with leveraged CFD products.
Trade on a range of leveraged CFD products at HYCM.
Trade on the financial markets with CFDs.
Buy and sell CFDs on the financial markets.
CFDs are available on hundreds of markets including FX, indices, shares, & commodities.
Trade CFDs with tight spreads and leverage.
CFD trading is available across multiple financial markets.
Trade CFDs with up to 1:30 leverage in multiple markets.
Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
Trade online CFDs with up to 1:30 leverage.
Trade CFDs with leverage across multiple markets.
Trade CFDs on currency pairs, indices, & commodities with tight spreads.
CFDs available on major indexes, stocks, FX, commodities, and cryptocurrency
Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
Fondex is an award-winning forex and CFD broker with industry low trading costs
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
A suite of contracts for difference are available across popular markets with up to 1:500 leverage.
Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.
Alpari offer forex and CFD trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Trade CFDs on forex, indices, & commodities
Show All Brokers ⇩

What Is A CFD?

A contract for difference (CFD) is a tradable agreement to exchange the difference in the value of an asset. If we take stocks and shares as an example, you could speculate on the change in value of the Singapore Stock Exchange, or on the share price of a specific stock, without actually owning the underlying asset.

Online CFD trading is attractive partly because it’s available in so many markets. You can trade CFDs on stocks, forex, commodities, and cryptocurrency. But despite wide-ranging market access, stick to classes you understand.

CFD traders in Singapore can also benefit from leverage, meaning you can borrow money from a brokerage to increase your position size. This is also known as trading on margin. The benefit of trading on leverage is that by increasing your trade size you can amplify potential profits. Of course, it also means the possibility of larger losses.

How To Trade

CFD trading in Singapore is straightforward:

  • Open an account – Most Singaporean traders benefit from instant account activation once their ID and address have been validated. Traders can then consider finance options and fund their account.
  • Find an opportunity – Informed by your strategy, identify a market opportunity to use a CFD instrument, such as on stocks.
  • Enter a position – On your trading platform, take a position depending on whether you think price will rise or fall.
  • Risk management – Set a stop-loss order to automatically close out a trade when losses reach a certain point. Use a stop-limit order to automatically protect profits when they hit a specific level.
  • Monitor & close – Keep an eye on your charting software for real-time changes to the market. If you haven’t set stop-loss and stop-limit orders, close out the trade when you’re ready.


Which CFD brokerage account is best in Singapore will depend on user needs. Most providers have a tiered account system with varying minimum deposits. In general, the greater the minimum investment required, the more competitive the fees, the better the leverage options, and the greater the access to customer support.

Trading Platforms

The best online CFD trading platform in Singapore for one trader might feel clunky and lacking to the next. With that said, MetaTrader (MT4) and WebTrader are popular options. Some companies also use their own proprietary software, which can allow for extensive customisation.

Regardless of the system, staple requirements should be prompt deposits and withdrawals. Also essential are intuitive pattern recognition tools for analysing a stock index, for example. Mobile traders will need to check the platform is accessible through an Android or iOS app. Overall, choose a system that will complement your strategy. And be wary of opting for the cheapest trading platform as you want the best tools at your disposal.

How to Choose a Brokerage

The number of online CFD brokerages in Singapore is growing. Fortunately, the competition means providers are offering lower fees, ample products, and excellent platforms.

When doing your comparison, consider:

  • Costs – Commissions and spreads will eat into returns. So, make sure you’re aware of all the trading fees before you open an account.
  • Platform – MetaTrader (MT4) is the most popular, but bespoke software can allow for a more personalised feel. Request a demo account to explore the platform before you invest money.
  • Customer service – Opt for the cheapest online brokerage in Singapore and you may find customer support, be it through live chat or the phone, just isn’t available when you really need it.
  • Additional tools – What else can they offer to improve your CFD trading success? Automated trading algorithms can streamline an already proven strategy, for example.

According to customer reviews, some of the best online CFD trading brokerages in Singapore are:

  • Maybank Kim Eng – Traders from Singapore can get up to 20x leverage on this DMA platform.
  • CMC Markets – One of the largest choices in Singapore, CMC Markets has a huge offering with competitive leverage.
  • IG Markets – IG Markets receives great customer reviews, offering CFDs in indices, shares, FX, commodities, and more. IG Markets also offers an ECN trading account.
  • Phillip CFD – Although smaller than some of the others on this list, it is reputable with a long list of loyal Singaporean CFD traders.
  • Oanda – A well-established international firm, Oanda is particularly good for traders interested in CFDs in forex and cryptocurrency.
  • DBS Vickers –  The popular online trading platform offers a suite of CFDs to Singapore traders, including across forex, stocks, and commodities. The platform is also available on a mobile-friendly app and provides extensive market insights.
  • Interactive Brokers – IB offers impressive commission rates, but they do charge for basic tools such as market data and news insights.

For further guidance on CFD brokerage firms, see here.


Educational Resources

CFD trading in Singapore is competitive. So, the more additional educational resources you can get your hands on the better. Head to online forums, such as HardwareZone for tips from Singapore traders. Videos, newsletters and demo accounts are also all great ways to hone your CFD shares strategy, for example.

For further guidance on day trading learning, see here.

Final Word

CFD trading in Singapore is hugely popular. Giving investors access to a breadth of markets with high leverage options, CFDs appeal to traders of all experience levels. It is true the regulatory oversight isn’t as robust as in other jurisdictions, such as the UK or US. However, the best trading platforms in Singapore still make for a great environment to trade CFDs.


How can I trade CFDs in Singapore?

To start CFD trading in Singapore, sign up at an online brokerage, fund your account, and take a position when you see an opportunity. But make sure you have a clear strategy and risk management tools in place before you put real money on the line.

CFD trading in Singapore is legal and regulated by the Monetary Authority of Singapore (MAS), although as a relatively new market, MAS has a lax reputation. Nonetheless, all brokers should be licensed with the MAS Financial Institutions Directory. As part of your due diligence, check the provider’s website for a license number.

Part of the protection afforded to those trading CFDs in Singapore with a regulated broker is that client funds are segregated. If the provider were to go bankrupt, user funds would be protected. Regulated brokers are also required to issue prospective clients with a comprehensive list of risks.

Which CFD trading account is best in Singapore?

The best trading account will depend on your needs. Consider the minimum account deposit, speed of payment methods, and the customer support available. Also check customer reviews online.

What’s the best CFD trading platform in Singapore?

Whilst there isn’t a universal best platform in Singapore, MetaTrader (MT4) is the most popular. With that said, the bespoke software available at some providers often allows for customisation.

How much money do I need to start CFD trading?

Minimum deposits vary between platforms, however you can start CFD trading in Singapore with S$250.