In order to trade successfully, it is very important to choose the right broker. in Singapore, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best forex cent account brokers for day trading in Singapore 2025. You can compare their features and trading conditions.
1
RoboForex - Best for day trading in Singapore
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
Read more in Roboforex reviews from clients in Singapore
👍 Advantages of trading with RoboForex for traders from Singapore:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders from Singapore:
•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN
2
Exness - Best for day trading in Singapore
Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 1 million active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.
👍 Advantages of trading with Exness for traders from Singapore:
•Availability of 8 licenses and a membership in the Financial Commission providing up to EUR 20,000 insurance coverage per client in the event of a force majeure;
•Wide choice of account types — Standard, Standard Cent, Pro, Zero and Raw Spread;
•Wide range of CFDs, including over 100 currency pairs;
•Zero deposit and withdrawal fees (Depends on the payment system);
•Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.
👎 Disadvantages of Exness for traders from Singapore:
•The broker’s website offers almost no educational materials;
•24/7 support isn’t available in all languages.
3
FBS - Best for day trading in Singapore
FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.
👍 Advantages of trading with FBS for traders from Singapore:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders from Singapore:
•auto copying is not available;
•no PAMM accounts;
•not suitable for short-term trading, such as scalping;
•the support service works in a limited number of languages;
•only two real accounts.
4
AZAforex - Best for day trading in Singapore
AZAforex is a brokerage company that provides its clients with a modern Mobius Trader 7 trading terminal for all devices, fast order execution with a speed of 0.1 seconds and tight spreads. Additionally, the broker's clients can use the transfer service between accounts with exchange at market spreads. AZAforex offers ECN trading with fixed spreads. Also, the broker's clients can trade on the following instruments: Forex, CFDs, indices, energies and binary options. On the AZAforex website, daily trading recommendations are published for clients, bonuses, investment programs are available: PAMM and trust management, an affiliate program with high commission rates. Also, AZAforex clients receive a personal manager, unlimited access to training materials and round-the-clock support service 24/5.
👍 Advantages of trading with AZAforex for traders from Singapore:
•Flexible approach to incentivizing traders. The incentive instruments feature the broker’s own rebate, several types of bonuses, free analysis of strategies, trading signals, etc.
•Access to trading CFDs and binary options.
•Attractive conditions for the start: minimum deposit is USD 1 and leverage is up to 1:1000.
👎 Disadvantages of AZAforex for traders from Singapore:
•Not licensed by regulators.
•Metatrader trading platforms that feature most expert advisors and indicators are not available. The broker offers a proprietary platform written in the JS language.
5
Grand Capital Ltd. - Best for day trading in Singapore
Founded in 2006, the Grand Capital broker delivers a full range of brokerage services, including cryptocurrency and futures trading. The company was one of the first to offer Copytrading services and Investment portfolio for passive investing and provide direct access to the largest liquidity aggregator. Traders’ money is insured by the Financial Commission, which guarantees up to 20,000 EUR coverage for every client.
👍 Advantages of trading with Grand Capital Ltd. for traders from Singapore:
•direct access to Currenex, which ensures faster execution of orders in ECN accounts and relatively tight spreads;
•segregated accounts and up to 20,000 EUR insurance coverage for every client;
•platforms for passive investing.
👎 Disadvantages of Grand Capital Ltd. for traders from Singapore:
•offshore regulation;
•fees apply on almost all account types;
•withdrawal fees apply;
•no demo accounts for cryptocurrencies;
•support service works slowly.
TOP 5 Comparison
This table makes it easy to compare the best forex cent account brokers for day trading in Singapore for 2025 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
| RoboForex | Exness | FBS | AZAforex | Grand Capital Ltd. | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, Mobile Trading, MT5, FBS app |
Mobius Trader 7 |
MT4, MT5, WebTrader |
|
Min deposit |
$10 |
$10 |
$5 |
$1 |
$10 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
No |
No |
Yes |
No |
|
Accrual of % on the balance |
10.00% |
No |
No |
No |
No |
|
Spread |
From 0 points |
From 0 points |
From 1 point |
From 0 points |
From 0.4 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
Market Execution |
|
No deposit bonus |
No |
No |
No |
$10 |
$10 |
|
Cent accounts |
Yes |
Yes |
No |
Yes |
Yes |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
RoboForex Commissions and Fees
Our experts have checked this company for trading and non-trading commissions. In the trading commission category, the broker's spread was considered, and as a non-trading commission, it charges an additional fee for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Pro |
$13 |
No |
|
Pro-Cent |
$13 |
No |
|
ECN |
$3 |
No |
|
Prime |
$1 |
No |
Exness Commissions and Fees
Exness charges only trading fees. These are spreads on Standard and Pro accounts and spreads + fees per lot on Raw Spread and Zero accounts. The company doesn’t withhold non-trading fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard Cent |
$0.3 |
No |
|
Standard |
$3 |
No |
|
Standard Plus |
$10 |
No |
|
Raw Spread |
$0 |
No |
|
Zero |
$0 |
No |
|
Pro |
$1 |
No |
FBS Commissions and Fees
The experts at Traders Union checked the broker for trading and non-trading commissions. In the category of trading commission, the company's spread was considered, and as a non-trading commission, various additional fees for withdrawing funds from the account were considered.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From $7 |
No |
|
Cent |
From $0.07 |
No |
AZAforex Commissions and Fees
Traders Union analysts reviewed the broker’s trading conditions and prepared a report on available and hidden fees. Despite the declared narrow spread on certain accounts, the actual spread turns out to be higher because of the brokerage markup. Also, on Start and Pro accounts, there is a fixed fee, although its amount is not directly specified on the website. The broker does not charge a withdrawal fee; traders only pay the system’s fee.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Start |
USD 10 |
no |
|
Pro |
USD 4 |
no |
|
VIP |
USD 1 |
no |
Grand Capital Ltd. Commissions and Fees
Experts at TU have analyzed Grand Capital’s offers and basic trading terms for obvious and hidden fees. No hidden fees were found. Besides spreads, evident fees worth noting include maintenance fees on ECN accounts ($5–15 for 1 lot or 0.5%) and withdrawal fees (deposit fees are absent). Withdrawal fees are 0.5%–0.6%.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Micro |
$1 |
Yes |
|
Standard |
$10 |
Yes |
|
MT5 |
$4 |
Yes |
|
ECN Prime |
$4 |
Yes |
|
Swap Free |
$10 |
Yes |
Summary
Many brokers are available for traders from Singapore, but not all of them offer good conditions. In this review, TU experts chose the Best forex cent account brokers for day trading in Singapore 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Forex Cent Account Brokers For Day Trading in Singapore
| RoboForex | Exness | FBS | AZAforex | Grand Capital Ltd. | |
|---|---|---|---|---|---|
|
Overall score |
9 |
8.9 |
7.33 |
6.12 |
6.94 |
|
Execution of orders |
8.95 |
9.6 |
9.5 |
1.65 |
7.52 |
|
Investment instruments |
4.9 |
10 |
9.2 |
2.5 |
4.9 |
|
Withdrawal speed |
8 |
7 |
5 |
8 |
6 |
|
Customer Support work |
9.6 |
9.29 |
7.58 |
3.76 |
7.08 |
|
Variety of instruments |
9.02 |
8.02 |
7.02 |
6.27 |
7.94 |
|
Trading platform |
9.2 |
7.21 |
9.03 |
3.57 |
8.16 |
|
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FAQ
Can you earn passive income in the financial markets?
Yes, the best brokers in Singapore offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
Does the choice of a beginner differ from the choice of an experienced trader?
Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Best Forex Cent Account Brokers For Day Trading by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.