Best Crypto Brokers in Singapore
Singapore has one of the highest global adoption rates for crypto, and investors show a lot of confidence in these digital assets. The regulatory framework ensures actions are taken against exchanges and brokerages with subpar practices. To help Singaporean traders trade with only the best brokers, we reviewed 100s of brokers and created a list of top 10 best brokers.
OANDA
trusted
Investor protectionBonusUp to $25,000 welcome bonus
US ClientsMin deposit 0Max leverage 1:50Regulated by CFTC, NFAAdd to compare list4.5 / 5Start tradingPros, cons & fees
OANDA is among the few international online forex brokers that accept U.S. clients.
The broker's trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.
OANDA does not require a fixed initial deposit on the standard account.
OANDA's financial offerings have some irregularities that may only suit some traders
-Trading on OANDA may incur several fees, including a monthly inactivity fee
AXITrader trustedBonusAxi No Deposit BonusBest For Instant Trade ExecutionMin deposit $5Max leverage 1:1000Regulated by ASICAdd to compare list4.5 / 5Start tradingPros, cons & fees
No obligation demo accounts with US$50,000 of virtual funds to practice with
24/5 Customer support available
Multilingual support in 14 languages
Limited trading platform options
Limited trading instruments
Only forex and CFD trading
FP Markets trusted Investor protectionBonusRefer a Friend Program by FP MarketsBest Tradable InstrumentsMin deposit $50Max leverage 1:500 (1:30 for EU clients)Regulated by ASIC, FIU, FSAAdd to compare list4.5 / 5Start tradingPros, cons & fees
Excellent customer support with 24/7 availability
Competitive spreads and fast execution speeds
Comprehensive educational resources including webinars and video tutorials
Limited range of tradable assets compared to some competitors
Higher minimum deposit for certain account types
No proprietary mobile app (relies on MT4/cTrader mobile)
Nemo Money (by Exinity) trustedBonusWelcome Bonus by Nemo MoneyMobile-First Trading PlatformMin deposit $10Max leverage 1:30Regulated by FSRAAdd to compare list4.5 / 5Start tradingPros, cons & fees
Regulated by ADGM FSRA: Nemo Money is regulated by ADGM FSRA (UAE), a highly reputable financial authority that ensures a high level of regulatory oversight. This offers traders peace of mind knowing their funds are protected in segregated accounts separate from the company’s own operational funds.
Commission-Free Trading: Nemo stands out for its commission-free trading on its range of offered tradable assets which translates to lower trading overhead. Nemo mainly earns through spreads and overnight swap fees instead of charging commissions.
User-Friendly Mobile App: Nemo’s mobile-first approach gives traders a seamless and intuitive trading experience. The platform offers real-time asset tracking, insights, and the ability to trade directly from your mobile device giving traders a lot of flexibility.
Limited Leverage on Tradable Instruments: Due to MiFID-style consumer protection and regulatory restrictions, leverage on tradable assets from Nemo Money is on the lower end. Expert traders prefer high leverage to have control on bigger position sizes against their investments.
No Swap-Free/Islamic Accounts: Nemo Money does not offer swap-free or Islamic accounts. This means you are charged an interest on the positions held overnight.
TradeQuo trusted Investor protectionBonus30% deposit bonusMultilingual Customer SupportMin deposit $1Max leverage UnlimitedRegulated by FSA, FSU, SCA +1Add to compare list4.5 / 5Start tradingPros, cons & fees
Multiple Regulations: Multi-regulated broker with licenses from Seychelles (FSA), South Africa (FSCA), Dominica (FSU), and UAE (SCA).
Extremely High Leverage and Low Trading Costs: You can trade with up to 1:1000, 1:2000, and even “limitless” on special accounts with negative balance protection available. TradeQuo offers spreads as low as zero pips on some major pairs (depending on the account type).
Extensive Range of Tradable Assets: The broker gives you access to 350+ tradable instruments over forex, stocks, indices, commodities, and cryptocurrencies.
Not Available in Certain Jurisdictions: The company does not accept clients from US, EU, UK, and Canada among others due to regulatory restrictions.
No Call Support: TradeQuo does not offer call support at the time of writing this review.
Islamic Account Option Only Available on Request: Islamic accounts are available but not as a standard account type. They are only available upon request.
ActivTrades trusted Investor protectionBonusUp to $500 refer-a-friend rewardBest For Instrument Specific InsightsMin deposit 0$Max leverage 1:400 (1:30 for EU)Regulated by FCA, AMFAdd to compare list4.5 / 5Start tradingPros, cons & fees
Solid Regulatory Oversight
Fast Execution Speeds
Innovative Trading Tools
Limited Asset Range
Commissions and Fees
Mixed Customer Support Reviews
AMarkets trustedBonusDouble Your Starting Capital Bonus by AMarketsBest Trading ConditionsMin deposit $100Max leverage 1:3000Regulated by FSA (SV), MISA, FSC (BVI)Add to compare list4.5 / 5Start tradingPros, cons & fees
High Leverage Options
Wide Range of Tradable Assets
Many Accounts to Choose From
Offshore Regulation
Limited Availability in Some Countries
Mixed User Reviews
MultiBank Group trusted Investor protectionBonus25% deposit bonusBest Gold BrokerMin deposit $200Max leverage 1:500Regulated by ASICAdd to compare list4.5 / 5Start tradingPros, cons & fees
Highly Regulated and Trustworthy
Excellent Asset Selection
Multiple Account Types
High Minimum Deposit for Best Conditions
Limited Educational Resources
Occasional Customer Support Delays
Strifor trusted Investor protectionBonusDeposit Bonus by Strifor VIP ClubIslamic Swap-Free AccountMin deposit $0.1Max leverage 1:500Regulated by FSCAdd to compare list4.5 / 5Start tradingPros, cons & fees
One notable advantage is the availability of an Islamic account, which adheres to Sharia law and allows for interest-free trading.
The broker provides multiple account types, including Basic, Advanced, Professional, and Islamic, each catering to different levels of experience and financial capabilities.
Customer support at Strifor is accessible through several channels, including phone, email, Telegram, and WhatsApp, ensuring that help is available when needed.
One significant risk is the potential non-return of funds in crypto payments, which may concern traders who favor digital currencies for transactions.
The broker offers a singular trading platform, limiting choices for users who might prefer alternatives.
The broker's services are not available to residents of the United States, restricting access for a significant portion of potential clients.
TIOmarkets trusted Investor protectionBonusLoyalty Deposit Bonus by TIOmarkets800+ Stocks and Multiple MarketsMin deposit $20Max leverage 1:500 - Unlimited (Terms apply)Regulated by FSA, MISA, FCAAdd to compare list4.5 / 5Start tradingPros, cons & fees
Unlimited Leverage: Traders can access unlimited leverage on the Standard account through MT5, subject to the broker's terms and conditions.
Commission-Free Trading: Traders can trade with $0 commission per lot on TIOmarkets’ Standard and VIP Black accounts.
Low Trading Costs: Raw spreads start from 0.0 pips on the Raw account while Standard and VIP Black accounts offer commission-free trading.
Unlimited Leverage Has Restrictions: The broker can reduce available leverage during high-impact news events and around weekends.
Higher Minimum Deposit on Some Accounts: Raw requires $250, while VIP Black requires a minimum deposit of $1,000.
Bonus Availability: The 30% loyalty bonus comes with specific terms and is available only under certain conditions.