Best Brokers With SGD Accounts 2026

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✔ Tested with a live trading account

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Brokers With:

Singaporean Dollar (SGD)

Showing 2 of 2 matching brokers

Filters Order By ... Overall Rating Latest Trust & Regulation Banking & Accounts Assets & Markets Fees & Costs Platforms & Tools Research Education Customer Support iOS App Android App Most Clients

1. 1
   

   OANDA US

   
   OANDA is a well-known broker that excels in quick trade executions, a low deposit requirement, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions.

   OANDA US Details

   Demo Account

   Yes

   Minimum Deposit

   $0

   Minimum Trade

   0.01 Lots

   Leverage

   1:50

   Copy Trading

   No

   Regulator

   NFA, CFTC

   Instruments

   Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)

   Platforms

   OANDA Trade, MT4, TradingView, AutoChartist

   Account Currencies

   USD, EUR, GBP, AUD, JPY, CHF, HKD, SGD

   Automated Trading

   Expert Advisors (EAs) on MetaTrader

   AI

   Yes

   Guaranteed Stop Loss

   No
   Go to OANDA US

   CFDs are not available to residents in the United States.
2. 2
   

   Moomoo

   
   Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options.

   Moomoo Details

   Demo Account

   Yes

   Minimum Deposit

   $0

   Minimum Trade

   $0

   Leverage

   1:2

   Copy Trading

   No

   Regulator

   SEC, FINRA, MAS, ASIC, SFC

   Instruments

   Stocks, Options, ETFs, ADRs, OTCs ,Futures

   Platforms

   Desktop Platform, Mobile App

   Account Currencies

   USD, HKD, SGD

   Automated Trading

   No

   AI

   No

   Guaranteed Stop Loss

   No
   Go to Moomoo

Compare Brokers With SGD Accounts

Broker		Payment Methods
		ACH Transfer, Debit Card, Mastercard, Visa, Wire Transfer
		ACH Transfer, Wire Transfer
Broker		Payment Methods

Broker Details Comparison

Broker	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Assets	Platforms
	✓	$0	0.01 Lots	1:50	Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)	OANDA Trade, MT4, TradingView, AutoChartist
	✓	$0	$0	1:2	Stocks, Options, ETFs, ADRs, OTCs ,Futures	Desktop Platform, Mobile App
Broker	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Assets	Platforms

Safety Comparison

Compare how safe the Best Brokers With SGD Accounts 2026 are.

Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts
	4.5	✗	✗	✗
	4.7	✗	✗	✓
Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Brokers With SGD Accounts 2026.

Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App
	iOS & Android	4.7	3.7	✗
	Yes (iOS & Android)	4.6	3.3	✗
Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App

Comparison for Beginners

Compare how suitable the Best Brokers With SGD Accounts 2026 are for beginners.

Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions
	✓	$0	0.01 Lots	3.8	3.5	✗	✗
	✓	$0	$0	4.4	2.8	✗	✗
Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Brokers With SGD Accounts 2026 are for advanced or professional traders.

Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours
	Expert Advisors (EAs) on MetaTrader	✗	✗	✓	✗	1:50	✓	✗
	✗	✗	✗	✗	✗	1:2	✗	✓
Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Brokers With SGD Accounts 2026.

Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account
	✓	✗	✗	✗	✗	✗	✗	✗	✗
	✓	USD: 3.35%	✗	✗	✗	✗	✗	✗	✗
Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account

Detailed Rating Comparison

Compare how we rated the Best Brokers With SGD Accounts 2026 in key areas.

Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support
	4.5	4.5	2.8	4.2	4.0	3.5	4.3	3.8	3.5
	4.7	3.0	3.0	4.0	3.8	3.3	3.8	4.4	2.8
Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support

Fee and Cost Comparison

Compare the cost of trading with the Best Brokers With SGD Accounts 2026.

Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread
	4.0	✗	$0	1.6	$100
	3.8	✗	$0	✗	✗
Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread

Broker Popularity

See how popular the Best Brokers With SGD Accounts 2026 are in terms of number of clients.

Broker	Popularity
Moomoo	24,000,000

Why Trade With OANDA US?

OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.

James Barra
Review Author

Pros

• The broker's API provides access to extensive historical data from the past 25 years and rates from over 200 currencies for traders.
• OANDA is a credible and safe trading brand, approved by top regulators such as the CFTC.
• Traders can experience quick and dependable order execution.

Cons

• Customer support is not accessible during weekends.
• The trading markets are limited to only forex and cryptocurrencies.
• Few payment options are available and e-wallets are not supported.

Go to OANDA US

CFDs are not available to residents in the United States.

Why Trade With Moomoo?

Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.

James Barra
Review Author

Pros

• The broker requires no minimum deposit, making it suitable for beginner traders.
• Moomoo is a licensed entity with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS).
• The fees for options contracts have been lowered from $0.65 to $0.

Cons

• The broker doesn't offer phone or live chat support, options typically provided by other brokers.
• Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
• The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.

Go to Moomoo

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Methodology

To identify the best brokers offering SGD-denominated accounts, we conducted an in-depth analysis of global and local trading platforms.

We focused on brokers that allow clients to deposit, withdraw, and trade in Singapore dollars (SGD) without forced currency conversions.

Our rankings were based on over 200 key metrics, including trading fees, platform usability, regulatory oversight (such as licensing by the Monetary Authority of Singapore (MAS)). Additionally, we factored in user experience and real-world performance testing by our experts.

What Is an SGD Account?

An SGD trading account is a brokerage account where all balances, transactions, and profits are denominated in Singapore dollars (SGD).

As one of Asia’s most stable and widely used currencies, SGD is essential for traders based in Singapore or those investing in Singaporean markets.

However, despite Singapore’s significance as a global financial hub, many international brokers primarily offer USD or EUR accounts, making SGD-denominated options less common (less than 10% of providers we’ve examined).

Traders who earn and invest in SGD can benefit from an SGD trading account in several ways:

• Avoiding Currency Conversion Costs: Depositing and withdrawing in SGD prevents unnecessary exchange rate fees, which is especially beneficial for traders in Singapore.
• Direct Access to the Singapore Market: SGD accounts often allow seamless trading of SGX-listed stocks, ETFs, and other financial instruments.
• Reducing FX Risk: If your income and financial obligations are in SGD, keeping your brokerage account in the same currency protects you from fluctuations when trading local assets.

How Do I Open an SGD Account?

Opening an SGD trading account requires selecting a broker that supports SGD transactions. Many of the best trading accounts that we’ve trialled are easy to set up. Here’s the process:

1. Choose a Broker: Select a platform offering SGD as a base currency. If you’re in Singapore, consider one regulated by the Monetary Authority of Singapore (MAS).
2. Register an Account: Complete the broker’s verification process, typically requiring a valid passport or Singapore NRIC and proof of address.
3. Select SGD as Your Base Currency: During account setup, choose SGD to avoid auto-conversions when funding or withdrawing.
4. Fund Your Account: Deposit funds via local bank transfer (DBS, OCBC, UOB), FAST payments, or e-wallets like PayNow.
5. Start Trading: Once your funds are available, you can trade SGX stocks, ETFs, and other assets in SGD without extra conversion costs.

For example, below is an instance where I set up an SGD trading account at a major brokerage, Saxo:

Setting up an SGD account with Saxo

Should I Use an SGD Trading Account?

An SGD trading account may be ideal if the following apply:

• You Live in Singapore: Keeping your trading account in SGD simplifies transactions, tax reporting, and compliance with local regulations.
• You Trade Singapore Stocks and REITs: If you invest in SGX-listed companies, ETFs, or REITs, an SGD account eliminates conversion fees.
• You Want to Avoid FX Volatility: If your income, expenses, or investments are in SGD, holding an SGD account prevents unnecessary exposure to exchange rate fluctuations.
• You Use Singapore Banking Services: SGD accounts are often integrated with local banking systems, allowing for fast and cost-effective deposits and withdrawals.

What Are the Limitations of an SGD Trading Account?

• Limited Broker Availability: Many global brokers still do not support SGD as a base currency, restricting your options.
• Higher Costs for Non-SGD Assets: If you trade assets denominated in USD, EUR, or JPY, you may face conversion fees, adding extra costs to each trade.
• FX Risk on International Trading: If you invest in global markets, you may still need to convert SGD, exposing you to currency fluctuations.
• Less Liquidity for Forex Trading: Compared to USD accounts, SGD accounts may have fewer currency pairs and slightly wider spreads when trading forex.
• Potential Withdrawal Fees: Some brokers charge fees for withdrawing SGD, especially if sending funds to international bank accounts.