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Best Forex Trading App in Singapore for 2026

Updated: February 15, 2025

Written by:

Mikhail Vnuchkov

Reviewed by:

Olga Shendetskaya

Fact-checked by:

Mirjan Hipolito

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	XM	Pepperstone	RoboForex	IC.com	LiteFinance
Trading platform	MT4, MT5, Mobile Trading, XM App	MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView	MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader	MT4, cTrader, MT5, TradingView	MT4, MT5, MultiTerminal, Sirix Webtrader
Min deposit	$5	$1	$10	$200	$10
Leverage	From 1:1 to 1:1000	From 1:1 to 1:400	From 1:1 to 1:2000	From 1:1 to 1:500	From 1:1 to 1:1000
Trust management	No	No	No	No	Yes
Accrual of % on the balance	No	No	10.00%%	No	7.00%%
Spread	From 0.8 points	From 0 points	From 0 points	From 0 points	From 0.5 points
Level of margin call / stop out	50% / 20%	90% / 20%	60% / 40%	100% / 50%	50% / 20%
Execution of orders	Market Execution	Instant Execution	Market Execution, Instant Execution	Market Execution	Market Execution, Instant Execution
No deposit bonus	$30	No	No	No	No
Cent accounts	No	No	Yes	No	Yes

1
Best Forex Apps in Singapore - XM

XM is a globally recognized broker, operating in nearly 190 countries and serving over 15 million traders. In 2025, the company marks its 15th anniversary. It provides access to more than 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. Licensed by CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSC (Belize), FSA (Seychelles), FSC (Mauritius), CMA (Kenya) and SCA (United Arab Emirates), XM offers a secure and regulated trading environment.
The broker ensures high-speed order execution without requotes, with 99.35% of trades executed almost instantly. Leverage is up to 1:1000 in some non-EU countries, while strict European compliance applies in other regions, and spreads start from 0.8 pips.
XM runs multiple bonus programs, adapts trading conditions to each client’s country, and provides negative balance protection. Accounts are available for traders of any level and strategy, and for passive income, the broker offers a copy trading platform for investors as well as experienced traders willing to share their strategies.

👍 Advantages of trading with XM for traders in Singapore :

•Regulation in six jurisdictions;

•Accounts designed for different strategies and levels of trader experience;

•Minimum deposit of $5;

•Various bonuses, trading competitions, and an affiliate program;

•100% order execution;

•No markup on tight market spreads;

•Access to more than 1,400 instruments;

•No deposit or withdrawal fees;

•24/7 multilingual support in over 30 languages.

👎 Disadvantages of XM for traders in Singapore:

•Copy trading and stock trading accounts are not available in all countries.

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2
Best Forex Apps in Singapore - Pepperstone

Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. The founders therefore focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading.
Today, Pepperstone offers clients all over the world some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help traders not only master the fine art of trading, but also significantly increase trading efficiencies. In addition, Pepperstone’s platform is scrutinized by seven regulatory authorities, including ASIC (Australian Securities and Investments Commission, AFSL No.414530), FCA (UK Financial Conduct Authority, 684312), DFSA (F004356), BaFin (151148), CMA, SCB (SIA-F217), and CySec (388/20). Moreover, with Pepperstone, clients' assets are maintained in aggregated accounts with several major, global banking institutions.

👍 Advantages of trading with Pepperstone for traders in Singapore :

•Attractive trading conditions.

•Fast order execution - 30 ms on average.

•1,200+ trading instruments.

•Low fees.

•No inactivity fee.

•Support service works only 24/7.

👎 Disadvantages of Pepperstone for traders in Singapore:

•No cent account.

•Not available to US clients.

•Limited passive trading opportunities.

•Limited analytical materials available on the site.

•No news section.

•Demo accounts can trade for free for 60 days.

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3
Best Forex Apps in Singapore - RoboForex

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.

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 Copy Trading service, 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 partners earn from: spreads on closed positions: up to 85%, equal to $10 partner payout per lot on instruments such as EURUSD and XAUUSD; swaps on open positions: 30% of the swap value—a unique feature rarely offered in partner programs, enabling earnings from clients who maintain longer-term trades. RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders in Singapore :

•Availability of favorable trading conditions and a minimum deposit

•Unique Copy Trading service

•Highest affiliate payments: up to 84% of the fee paid by the referral

•"Withdrawal without Commission" program

•Market launch - STP and ECN

•Instant withdrawal of funds

•Minimum deposit - $10

👎 Disadvantages of RoboForex for traders in Singapore:

•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN

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4
Best Forex Apps in Singapore - IC.com

IC.com stands out as a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more.
The broker provides ultra-fast execution with order speeds of up to 40 milliseconds, facilitated by its top-tier liquidity partners, and processes over $29 billion in Forex trades daily. With a strong focus on active traders, it offers ECN accounts with raw spreads from 0 pips and leverage of up to 1:1000 (FSA), depending on the regulator governing the trader’s account. Copy trading is also well supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC.com clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.

👍 Advantages of trading with IC.com for traders in Singapore :

•Availability of three licenses;

•Wide range of assets;

•Standard and ECN account types for trading on different platforms;

•Mobile apps for Android and iOS-based devices;

•Scalping, hedging, and algorithmic trading are allowed;

•Minimum delay when executing orders and ultra-fast market execution;

•Competitive trading fees;

•Wide choice of social trading and copy trading platforms;

•24/7 support via live chat;

•Demo accounts on MT4, MT5, and cTrader;

•Swap-free accounts are available for Muslim traders.

👎 Disadvantages of IC.com for traders in Singapore:

•Education materials available are not very informative;

•Rebates are available outside Australia and the European Economic Area;

•Not all clients are equally protected.

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5
Best Forex Apps in Singapore - LiteFinance

The LiteForex (LiteFinance) broker is a high-tech company that constantly offers innovative solutions for active and passive trading. The LiteForex group of companies was incorporated in 2005, and it has risen through the ranks to become a market leader. Today, LiteForex (LiteFinance) is an online ECN broker with unique technical solutions for transferring transactions to the interbank and directly to liquidity providers. Social Trading is a mechanism for automatic copying of other traders’ transactions (see, SocialTrading platform) and other advantages for comfortable and efficient trading. LiteForex Broker is one of the largest and leading brokers in Malaysia.

👍 Advantages of trading with LiteFinance for traders in Singapore :

•Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders and pin spreads with instant market execution with minimal slippage in both directions;

•Own trading platform for personal accounts that was designed for novice traders with the ability to copy transactions, analyze market sentiment, etc.;

•Several types of affiliate programs with a multi-level system and cashback;

•Automatic reimbursement of commissions paid when replenishing and withdrawing money.

👎 Disadvantages of LiteFinance for traders in Singapore:

•No cent accounts, which are often of interest to novice traders;

•Supplement of additional indicators is not provided in the trading platform of your personal account; algorithmic trading and testing are not provided;

•There is no information on how the risk level is assigned to traders from the social trading rating;

•Complex verification procedure.

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Best Forex Trading App in Singapore 2026: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

XM - Education for Investors

Education

XM Broker has a dedicated educational section that focuses on video content. Novice traders can watch video tutorials explaining the basic functions of the broker’s platforms. Webinars and seminars are also held regularly on a wide range of topics, from the fundamentals of technical and fundamental analysis to the development of trading strategies.

What is on XM’s website

What is not on XM’s website

Market reviews

Basic trading terminology

Investment strategies with indicators

Trading strategies based on sentiment

Indicator descriptions

Trading signals

Educational videos and webinars

Platform guides (MT4, MT5, XM App)

Scalping introduction

Pepperstone - Education for Investors

Investment Education Online

The Pepperstone.com website includes a tutorial section that contains the basic information necessary to understand the trading platform. Also, the trader can learn the basic terms and the fundamentals of market analysis. This will help you quickly get used to trading, as well as increase the efficiency and profitability of your trades.

Information available in the Education section

Information not available at the Pepperstone site

How Forex trading works

News section

10 trading terms you need to know

Training videos

Technical analysis

Fundamental analysis

Risk management

For the practical application of the theoretical knowledge gained on the Pepperstone website, the company's specialists recommend opening a demo account. And after training on a demo account, you can start trading in the real market.

RoboForex - Education for Investors

Investment Education Online

A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.

Information available in the Analysis and Education section

Information not available at the RoboForex website

Free video course on the basics of Forex, technical and fundamental analysis, trading psychology, etc.

Detailed theory on each issue. The broker focuses on practice

How to open a trading account

How to begin Forex trading

How to trade NASDAQ and NYSE stocks

The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.

IC.com - Education for Investors

Investment Education Online

The Education section on the broker’s official website contains the basics of over-the-counter (OTC) trading on the Forex market. Forex glossary is available in the Help & Resources block. The Australian office also has podcasts with their infographic text decoding.

Information available with IC

Information not available on the IC website

Description of general concepts of financial markets

Settings for copy trading on MetaTrader

Main advantages of trading derivatives on the OTC market

Videos on MetaTrader 4 and cTrader

Webinars

Forex and CFD glossary

To virtually trade without risking real money, open a demo account on MT4, MT5, or cTrader.

LiteFinance - Education for Investors

Investment Education Online

There are several subsections devoted to training on the LiteForex (LiteFinance) website, focused on novice traders, on professionals, and those who are interested in analytics.

Information available in the LiteForex (LiteFinance) sections

Unavailable information on the LiteForex (LiteFinance) website

Training (beginner, advanced and expert courses)

Everything you need for a successful start

LiteForex webinars

Books and textbooks

Descriptions of technical indicators and trading strategies

Instructions for working with the social trading platform.

There is a demo account where you can step by step master the knowledge gained from books, webinars and training materials, work out indicators, and test strategies.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Singapore choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Forex Trading App in Singapore 2026.

	XM	Pepperstone	RoboForex	IC.com	LiteFinance
Overall score	8.81	7.8	8.28	8.53	7.83
Execution of orders	9.35	9.15	8.95	9.45	7
Investment instruments	10	10	4.7	9.9	9.4
Withdrawal speed	7	7	8	8	8
Customer Support work	9.6	7	9.6	7.2	6.9
Variety of instruments	8.02	6.32	9.2	9.12	8.25
Trading platform	8.9	7.3	9.2	7.5	7.4
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FAQ

If a broker has several platforms, does it mean it offers several apps?

No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).

Can a platform function less effectively in the app than in the web version?

The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.

Are there versions of the apps for tablets?

In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.

How are the apps protected against unauthorized access?

As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.