Best PAMM brokers in Singapore in 2024

Your capital is at risk.
75.2% of retail investor accounts lose money when trading CFDs with this provider.

Dukascopy Bank is a Swiss innovative online bank based in Geneva, Switzerland, providing Internet based and mobile trading services (with focus on foreign exchange, bullion, CFD and binaries), banking and other financial services through proprietary technological solutions.

8.32

Your capital is at risk.
71% of retail investor accounts lose money when trading CFDs with this provider.

AvaTrade is a brokerage company that provides optimal working conditions for all traders with any skill level. The broker provides customers with security by protecting their data and finances, and they are constantly working to improve the service.

8.4

Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.

8.04

Your capital is at risk.

Tickmill is a suitable broker for both professional traders and novices. The company is good for robotic trading as well as for short-term strategies.

8.5

Your capital is at risk.

FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience. Broker's clients are protected from negative balance; their activities are carried out in comfortable conditions and with competent professional support.

Best PAMM brokers in Singapore in 2024

	Dukascopy	AvaTrade	IC Markets	Tickmill	FxPro
Trading platform	JForex Trader, MetaTrader 4, SWFX	MetaTrader 4, MetaTrader 5, Mirror Trader, ZuluTrade, AvaTrader, mobile and web versions of МТ	MetaTrader 4, MetaTrader 5, TradingView and cTrader	МТ4, МТ5, МТ4 Webtrader, and Tickmill Mobile App	MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge
Min deposit	$100	$100	$200	$100	$100
Leverage	From 1:30 to 1:200	From 1:200 to 1:400	From 1:1 to 1:500	From 1:1 to 1:500	From 1:1 to 1:500
Trust management	No	No	No	Yes	No
Accrual of % on the balance	0.00%	0.00%	0.00%	0.00%	0.00%
Spread	From 0.1 points	From 0.9 points	From 0.0 points	From 0.0 points	From 0.0 points
Level of margin call / stop out	100% / 200%	25% / 10%	100% / 50%	100% / 30%	25% / 20%
Execution of orders	Market Execution	Instant Execution	Market Execution	Market Execution	Market Execution
No deposit bonus	No	No	No	$30	No
Cent accounts	No	Yes	No	No	No

A PAMM account provides passive income for traders regardless of their experience. The income is ensured by a professional manager. Only one person can manage the account, while an unlimited number of investors can invest in such an account. The manager can invest in any assets, for example Forex, cryptocurrencies, etc.

It is important to know that the manager does not interact with the investor money directly and does not have access to it. He opens a position with his own funds, while the money of the clients is added by the system. The manager is not restricted in his choice of the trading strategy. The profit is distributed proportionally to the investments. Each PAMM account has a profitability rate, which investors are guided by when starting to work.

1
Best PAMM broker in Singapore - Dukascopy

The company has been founded on 2 November 2004 in Geneva by Andre and Veronika Duka, Swiss nationals residing in Geneva who still own 99% of the company. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm. Dukascopy Bank provides a wide range of free financial information and other attractive resources through its website, Dukascopy TV online television, Freeserv products and its active online Dukascopy community counting over 130'000 members. Deposit insurance protects the credit balances of private and corporate clients in the event of a bank or securities firm's bankruptcy. This guarantee is regulated by law. Dukascopy has an insurance fund with up to CHF 100 000 coverage per client and institution.

👍 Advantages of trading with Dukascopy for traders from Singapore:

•Attractive trading conditions;

•regulated by FINMA;

•19 years in the market;

•deposit protection up to CHF 100 000 per client;

•online account opening with video identification;

•large liquidity pool- 20+ banks;

•ECN trading technology;

•low spreads - from 0,1 pips on EUR/USD;

•instant order execution;

•wide range of free financial information and other attractive resources through its website, Dukascopy TV online television;

•wide variety of trading platforms, JForex, MT4, Forex mobile;

•manual and automated trading and trading directly form the chart;

•hedging and scalping allowed;

•sliggage control;

•swap free accounts upon request;

•250 indicators and chart studies and automated trading historical tester;

•wide range of trading orders: MIT, limit orders, eco and TP/SL orders;

•high-quality customer service- 24/7 customer support available in 12 languages;

•up to 100% deposit bonus.

👎 Disadvantages of Dukascopy for traders from Singapore:

•leverage up-to 1:200;

•higher trading commissions for Islamic account traders;

•each account is given a deposit limit based on the information provided at the account opening;

•impossible to open new positions on weekends.

Dukascopy Commissions & Fees for traders from Singapore

It is important to know the commissions and fees brokers charge if you plan to invest not only in PAMM accounts, but also to trade.The number of the managers offering their services on the platform directly depends on the level of the broker’s fees.

Dukascopy Commissions and Fees in Singapore

Account type	Spread (minimum value)	Withdrawal commision
Live FX	$22.5	No

Your capital is at risk.
75.2% of retail investor accounts lose money when trading CFDs with this provider.

2
Best PAMM broker in Singapore - AvaTrade

AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 10 countries. It currently has over 300, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC, 406684), the Japanese FSA ( 1662), and the South African FSCA ( 45984). AvaTrade holds accreditation by the Central Irish Bank ( C53877 ), the Abu Dhabi Financial Services Regulatory Authority (190018), and the British Virgin Islands Financial Services Commission ( SIBA/L/13/1049), CySEC ( 347/17). AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 1,200 tools to customers.

👍 Advantages of trading with AvaTrade for traders from Singapore:

•a wide range of trading instruments;

•there is a license for the provision of services on the territory of 5 continents;

•customer service operates around the clock and provides competent assistance to users in 14 languages;

•a wide choice of convenient trading platforms;

•ability to trade from mobile devices;

•availability of an account for representatives of Islam (swap-free);

•for reliable storage of customer funds, the broker uses a segregated account;

•option for automated trading using trading advisors, indicators, and other analysis tools;

•no restrictions on trade and scalping;

•availability of training materials and conducting webinars for beginners and experienced traders.

👎 Disadvantages of AvaTrade for traders from Singapore:

•the site interface is not user-friendly;

•customer service efficiency and response time

•trading terminals are prone to occasionally freeze.

AvaTrade Commissions & Fees for traders from Singapore

AvaTrade Commissions and Fees in Singapore

Account type	Spread (minimum value)	Withdrawal commision
Standard	From 0 to 20 US dollars, depending on the platform	No

Your capital is at risk.
71% of retail investor accounts lose money when trading CFDs with this provider.

3
Best PAMM broker in Singapore - IC Markets

IC Markets 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 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 up to 1:500 (based on which regulator's rules apply to a trader's account). Copy trading is also well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC Markets clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.

👍 Advantages of trading with IC Markets for traders from 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 Markets for traders from Singapore:

•Education materials available on the website are not very informative or diverse;

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

•Not all clients are equally protected since compensation for investment is subject to the trader's country of residence.

IC Markets Commissions & Fees for traders from Singapore

IC Markets Commissions and Fees in Singapore

Account type	Spread (minimum value)	Withdrawal commision
Standard	$6	Bank fees apply
Raw spread MT4/MT5	$0	Bank fees apply
Raw spread cTrader	$0	Bank fees apply
Islamic	$0	Bank fees apply

Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

4
Best PAMM broker in Singapore - Tickmill

Tickmill is a reputable broker offering access to trading Forex, stock indices, commodities, bonds, and cryptocurrencies. Furthermore, the broker boasts an extensive selection of over 500 stock CFDs.
There are two main account types: Classic Account with spreads from 1.6 pips and no commission, and Raw Account with spreads from 0 pips and a $3 commission per lot. Both accounts require a minimum deposit of $100 and a maximum leverage of 1:1000.
The broker also provides a variety of useful tools, such as Autochartist, Acuity Trading, Signal Centre, and Capitalise.ai, which utilize AI to offer valuable market insights and trading signals.
Tickmill's regulation by the FCA and CySEC ensures the safety and security of client funds.

👍 Advantages of trading with Tickmill for traders from Singapore:

•spreads from 0 pips;

•any strategy is allowed;

•protection against negative balance;

•mobile app trading platform.

👎 Disadvantages of Tickmill for traders from Singapore:

•the customer support works only 5 days a week from 7:00 to 16:00 GMT;

•relatively small choice of currency pairs;

•there is no cent account;

•there is no trust management;

Tickmill Commissions & Fees for traders from Singapore

Tickmill Commissions and Fees in Singapore

Account type	Spread (minimum value)	Withdrawal commision
Raw	From $0	No
Classic	From 1.6 pips	No

Your capital is at risk.

5
Best PAMM broker in Singapore - FxPro

FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.

👍 Advantages of trading with FxPro for traders from Singapore:

•Negative Balance Protection of a client on a real account is a unique broker service. It has an automated transaction monitoring and a risk management system, the capital is guaranteed not to go into a negative balance;

•insurance of client funds at the expense of the broker participation in an investor compensation fund;

•beginner traders will be able to access tested advisors;

•a full package of services is available to the client regardless of the balance of his account;

•VIP account holders are offered a personal manager and get a Free VPS;

•company capital exceeds 100 million euros;

•offers swap-free accounts for customers whose religious beliefs do not permit swapping eg. Islamic traders;

•the reliable trading environment provided by the competent educational and research department.

👎 Disadvantages of FxPro for traders from Singapore:

•it is not the best choice for beginner traders who are looking for their first broker as the minimum deposit of $100 is considered high;

•difficulties registering in an affiliate program.

FxPro Commissions & Fees for traders from Singapore

FxPro Commissions and Fees in Singapore

Account type	Spread (minimum value)	Withdrawal commision
FxPro MT4 Instant	From $10	0
FxPro MT4 Fixed	From $5	0
FxPro MT5	From $5	0
FxPro cTrader	From $3	0
FxPro Platform	From $1	0

Your capital is at risk.