Best forex brokers in Singapore

Best forex brokers in Singapore


Singapore is one of the most progressive countries in Asia. If you are going to stroll around the streets of Singapore, you can see big buildings and establishments already and different races had been strolling all over the street. Different races had been working in Singapore and every year more and more expatriate goes to Singapore to work. This only proves how progressive this country is. Foreign exchange trading had ventured this country for years already and it never ceases to drop the interest of Singaporeans towards it. There are leading Forex brokers in Singapore and to give you a shortlist, here are the leading forex brokers all over Singapore.

Top Forex Brokers in Singapore

1. IG

Among all other brokers, this seems to be the crowd favorite in Singapore. It is serving different countries all over the world. IG has a very easy to use platform and has an excellent customer support to assist you in times of trouble. They offer resources to assist their clients to know and understand trading better. Seminars are among one of the services that they offer to help their clients. They also have a demo account that traders can try first before to be familiarized with the platform. The risk management of this company is one of the best well-designed features to protect the funds of their traders.

2. Saxo Bank

This is one of the most leading retail forex broker in Singapore. Saxo Bank is well regulated by different financial watchdogs all over the globe making it highly-reliable and indeed, financially stable. The minimum deposit for Saxo Bank is $2000 dollars. They have very competitive forex trades and do offer good commissions for their traders.

3. CMC Markets

CMC is a very reliable broker providing a wide range of trading tools with very competitive trading conditions. They offer three account options to choose from for their traders. Their customer support is well-designed to support their clients providing a 24/5 customer support that they can reach via live chat, telephone support, and email or you can also visit any nearby offices. They also offer educational materials such as E-books, videos, and webinars designed depending on your experience in trading. They also offer bonuses and promotions for their traders and they have a referral bonus for those who want to refer others to join their company.

4. City Index

City Index had been in the industry for more than 30 years already. They are licensed by different financial watchdogs and had been providing excellent service ever since they started. Traders have 3 options in opening accounts; Trader, Premium Trader, and Professional Trader. A demo account is available for the trader for 3 months with £10,000 virtual cash making your simulated experience more realistic. They have a mobile app available making your trading easy and accessible all the time. The app is compatible with iOS and the Android OS. This company had a long track history in Forex trading and has more than 12,000 markets available for their traders.

Courtesy of: http://www.cnie.org/singapore/

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