Many traders in Singapore use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Futures Trading App in Singapore for 2024, based on our assessments.
FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.
eToro is an international broker for trading and investing in assets, copying trades of experienced market players and earning income on offering your own successful strategy. The activities of eToro are controlled by European financial regulators: CySEC and FCA. The broker offers its clients the opportunity to trade indices with a maximum leverage of 1:20 and ETF instruments with a leverage of 1:5. Size of leverage in eToro can also vary depending on the regulation of the division of the broker you work with.
DEGIRO has a high reputation and is a trusted broker for stocks, bonds, funds, options, and ETFs. DEGIRO provides its clients access to more than four world's largest stock exchanges. Trading is carried out through a convenient platform that allows you to track the quotes of the trading instruments you are interested in real-time. Commission fees in DEGIRO are low compared to competitors. DEGIRO is a regulated broker suitable for experienced and professional traders in the Eurozone who prefer to invest in stock market assets.
Pepperstone is particularly suitable for novice market participants as well as more seasoned trading professionals. In general, the Pepperstone platform offers everything novice traders need for comfortable trading such as favorable conditions, reliability, a wide selection of trading options, along with an assortment of first rate educational materials.
Kot4x is a broker for professionals trading independently and ready to make a sizable investment from the beginning of cooperation with the company.
1
Best Futures Apps in Singapore - FBS
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 in Singapore:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders in Singapore:
•no cryptocurrency;
•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.
2
Best Futures Apps in Singapore - eToro
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders in Singapore:
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders in Singapore:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
3
Best Futures Apps in Singapore - DEGIRO
DEGIRO is a Dutch investment company operating since 2008. The broker has been providing online services since 2013. Today DEGIRO is headquartered in Amsterdam and has offices in 18 European countries. Its activities are controlled by the Financial Conduct Authority (FCA, 574048), as well as regulators in the Netherlands: Financial Markets Authority (AFM, 12048408) and Central Bank (DNB, R128868). DEGIRO was awarded over 86 international awards: financial publications of Germany, France, Denmark, and the Netherlands have repeatedly recognized the company as the best stock market broker. How to open a DEGIRO account
👍 Advantages of trading with DEGIRO for traders in Singapore:
•Low brokerage fees for trading stock market assets;
•The ability to open transactions on European and American exchanges;
•Simple trading platform functionality.
👎 Disadvantages of DEGIRO for traders in Singapore:
•There is no online chat on the company's website.
4
Best Futures 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 (128), SCB
(SIA-F217), and CySec (388/20). Moreover,
with Pepperstone, clients' assets are maintained in aggregated accounts with several major, global banking
institutions. These facts confirm the reliability of the company and guarantee the safety of the client's capital.
👍 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; and
•No inactivity fee.
👎 Disadvantages of Pepperstone for traders in Singapore:
•Support service works only 24/5;
•No cent account;
•Not available to US clients;
•Limited passive trading opportunities;
•Limited analytical materials available on the site. The only way to resolve this issue is to connect to trading signals;
•No news section; and
•Demo accounts can only trade for free for one month only.
5
Best Futures Apps in Singapore - Kot4x
The Kot4x Broker (kot4x.com) is an online Forex cryptocurrency and CFD broker with advanced technologies for trading on the financial markets. The company provides a secure ECN trading environment and offers over 250 trading instruments, including cryptocurrencies. Kot4x doesn’t limit trading strategies. It charges low trading fees and allows payments in bitcoins.
👍 Advantages of trading with Kot4x for traders in Singapore:
•Beneficial trading terms such as precise spreads and high leverage on accounts with a deposit of $250 or more.
•Access to trades with 6 asset classes: currency pairs, cryptocurrency, stocks, indices, commodities, and metals.
•The ability to trade using the MT4 terminal — mobile, desktop, and web versions.
👎 Disadvantages of Kot4x for traders in Singapore:
•No Cent (micro) accounts.
•The only way to get passive income is to participate in an affiliate program.
•Islamic accounts are not available.
•There are no proprietary services for copying transactions while using PAMM or MAM accounts.
•There are no analytics, training, or tools useful to a trader on the website.
Best Futures Trading App in Singapore 2024: 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.
FBS - Education for Investors
Investment Education Online
The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.
To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.
To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.
eToro - Education for Investors
Investment Education Online
eToro pays special attention to the education of traders. The broker’s website features information about what copy trading, leverage and margin are. There are also descriptions of how to buy and sell various types of financial instruments.
Upon completion of registration, any trader can create a free demo account with a virtual deposit of $100,000 and practice trading in an entirely risk-free environment.
DEGIRO - Education for Investors
Investment Education Online
An extensive “KNOWLEDGE” section has been created on the DEGIRO website to help novice investors. It is full information about the basics of trading in the stock market, various types of analysis and charts of the world's stock exchanges.
The broker doesn’t offer a demo account, since theoretical knowledge can be immediately applied in the real market.
Can you learn trading with DEGIRO?
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.
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.
Kot4x - Education for Investors
Investment Education Online
There is no training section or analytics on the Kot4x website. Click on the FAQs icon to be redirected to the Knowledge database section. There are only a few training materials and most all the information provided concerns the trading conditions of the broker.
You can, however, get a minimal understanding of the principles of Forex trading by practicing on a demo account.
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 Futures Trading App in Singapore 2024.
| FBS | eToro | DEGIRO | Pepperstone | Kot4x | |
|---|---|---|---|---|---|
|
Overall score |
8.28 |
9.4 |
9.6 |
8.29 |
4.52 |
|
Execution of orders |
9.5 |
9.1 |
9.3 |
9.15 |
7.45 |
|
Investment instruments |
6.96 |
9.7 |
9.9 |
9.58 |
1.93 |
|
Withdrawal speed |
9.57 |
9.5 |
9.7 |
8 |
4.57 |
|
Customer Support work |
7.58 |
9.3 |
9.5 |
6.98 |
3.96 |
|
Variety of instruments |
7.02 |
9 |
9.2 |
8.75 |
5.02 |
|
Trading platform |
9.03 |
9.8 |
10 |
7.29 |
4.17 |
|
|
|||||
|
|
|
|
|
|
- Best Paper Trading App In Saudi Arabia for 2024
- Best Copy Trading App In Thailand for 2024
- Best Online Trading App In Brazil for 2024
- Best Paper Trading App In Tanzania for 2024
- Best Online Trading App In Botswana for 2024
- Best Stock Trading App In Sri Lanka for 2024
- Best Stock Trading App In Turkey for 2024
- Best Options Trading App In Pakistan for 2024
- Best Binary Trading App In Singapore for 2024
- Best Forex Trading App In Bulgaria for 2024
- Best Options Trading App In Latvia for 2024
- Best Binary Trading App In Greece for 2024
- Best Swing Trading App In the UAE for 2024
- Best Online Trading App In Sri Lanka for 2024
- Best Paper Trading App In Europe for 2024
- Best Copy Trading App In Ghana for 2024
- Best Stock Trading App In the Netherlands for 2024
- Best Paper Trading App In Ghana for 2024
- Best Options Trading App In Greece for 2024
- Best Online Trading App In Haiti for 2024
- Best Online Trading App In Turkey for 2024
- Best Swing Trading App In the Philippines for 2024
- Best Mobile Trading App In Switzerland for 2024
- Best Copy Trading App In Uganda for 2024
- Best Forex Trading App In Romania for 2024
- Best Bitcoin Trading App In Sri Lanka for 2024
- Best Stock Trading App In Uganda for 2024
- Best Options Trading App In Bulgaria for 2024
- Best Online Trading App In Singapore for 2024
- Best Swing Trading App In India for 2024
FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
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).
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
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.
Related Articles
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.