Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
GBP/JPY Broker Comparison - Singapore
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.3 | $100 | — | MT5 MT4 | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $10 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 3.7 | $50 | — | | Yes | FCA | Open |
| 3.9 | $0 | — | MT5 MT4 cT | No | ASIC | Open |
| 3.7 | $200 | — | MT5 MT4 | Yes | FCA | Open |
| 3.1 | $0 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
For Singapore traders seeking the Best TradingView Brokers with Low GBP/JPY Spreads, the city-state's role as a global financial hub makes low-cost forex execution critical. With the Singapore dollar pegged to a basket of currencies including the USD, local traders face direct USD exposure that impacts their GBP/JPY positions. The optimal trading window from 13:00 to 16:30 UTC+0 aligns perfectly with the London-New York overlap, offering the tightest spreads for this volatile pair. Singapore-based traders increasingly prefer funding their accounts via USDT TRC20 deposits, which bypass traditional banking delays and provide instant liquidity. Leverage up to 1:500 is available through
FCA and
ASIC regulated brokers, allowing capital-efficient trading from the capital. This combination of high leverage, crypto deposits, and strict regulatory oversight suits the sophisticated trader profile common in Singapore. The local economy's heavy reliance on international trade means GBP/JPY movements directly reflect global risk sentiment, making it a favored instrument. Consequently, selecting a broker with ultra-low spreads on TradingView is essential for maximizing profitability in Singapore's competitive trading environment.
GBP/JPY Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for GBP/JPY in Singapore

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 Tickmill
FCA,CySEC,FSCA,FSA,LFSA
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Bank Transfers, Credit/Debit Cards, and E-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Singapore
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 IC Markets
ASIC,CySEC,FSA,SCB
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.
Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($50)
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Credit/Debit Cards, Bank Transfers, and E-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#7 Fusion Markets
ASIC,VFSC,FSA
MT5MT4cTrader
Pros for Singapore
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Singapore
Cons for Singapore
- No Islamic account
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#8 FXTM
FCA,CySEC,FSCA,FSC
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 GO Markets
ASIC,CySEC,FSC,VFSC
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Singapore
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wire transfers, credit/debit cards (Visa, Mastercard)
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is GBP/JPY on TradingView?
GBP/JPY, also known as the 'Dragon' or 'Gopher', is a major forex pair that combines the British Pound and Japanese Yen, known for its high volatility and tight spreads during peak trading hours. On TradingView, Singapore traders can analyze this pair using advanced charting tools, with pip values calculated in USD for easy position sizing. A standard pip movement in GBP/JPY equals approximately $8.10 per 1 lot (100,000 units) when quoted in USD terms. For example, a trader in Singapore's capital with a $5,000 account using 1:500 leverage could open a 0.1 lot position, where each pip move is worth $0.81. This allows precise risk control, making it ideal for the 13:00-16:30 UTC+0 overlap when liquidity peaks. The pair's volatility is driven by UK economic data and Japanese monetary policy, with daily ranges often exceeding 100 pips. On TradingView, you can overlay economic calendars and set price alerts to capture these moves. For Singapore traders, the USD-denominated margin means no additional conversion costs, while USDT TRC20 deposits ensure rapid funding. The platform's community scripts also provide custom indicators for GBP/JPY, such as volatility bands and session strength meters. With
FCA/
ASIC regulation, traders in the capital benefit from segregated accounts and negative balance protection. Overall, GBP/JPY on TradingView offers Singapore traders a liquid, volatile instrument with straightforward pip calculations in USD.
GBP/JPY CFDs vs Futures
For Singapore traders, GBP/JPY CFDs on TradingView offer distinct advantages over spot forex, particularly regarding margin requirements and tax efficiency. Trading CFDs allows you to speculate on price movements without owning the underlying currency, using USD margin instead of physical GBP or JPY. For example, a 1 lot CFD position on GBP/JPY at 1.2500 requires only $2,500 margin with 1:500 leverage, compared to $125,000 for spot trading. This leverage flexibility is crucial for Singapore traders who often maintain smaller account sizes yet seek meaningful exposure. Additionally, CFD brokers like AvaTrade and Exness provide negative balance protection, which spot forex accounts may lack. The ability to trade fractional lot sizes in CFDs also enables precise risk management for the capital's discerning traders. However, be aware that CFD spreads can vary during volatile periods, while spot spreads are more stable. Overall, CFDs offer Singapore traders better capital efficiency and regulatory safeguards through
FCA/
ASIC oversight.
Best trading times - GBP/JPY from Singapore
For Singapore traders, the best time to trade GBP/JPY is during the London-New York overlap from 13:00 to 16:30 UTC+0, which corresponds to 21:00 to 00:30 Singapore time. This window offers the tightest spreads and highest liquidity, as both the London and New York markets are active simultaneously. The London session opens at 08:00 UTC+0 (16:00 Singapore time), bringing initial volatility as UK economic data is released. However, the true sweet spot is the overlap period, when GBP/JPY often breaks out of Asian session ranges. Singapore traders should focus on 13:00-16:30 UTC+0 for executing trades with minimal slippage. The Asian session (00:00-09:00 UTC+0) is quieter but can see sudden moves during Japanese data releases. Avoid trading during the Sydney session (21:00-06:00 UTC+0) when spreads widen significantly. By aligning your trading with these optimal windows, you can capitalize on GBP/JPY's volatility while keeping costs low.
Economic calendar - GBP/JPY
Key economic events - Singapore
Key economic events that affect GBP/JPY from Singapore include UK CPI, GDP, and employment data, as well as Japanese interest rate decisions and Tankan surveys. The UK CPI release occurs at 07:00 UTC+0 (15:00 Singapore time), causing immediate GBP volatility. UK GDP data comes at 07:00 UTC+0 on the second Friday of each month. Japanese monetary policy statements are typically released at 23:50 UTC+0 (07:50 Singapore time) or during the Asian session. The Bank of Japan's interest rate decisions at 04:00 UTC+0 (12:00 Singapore time) can trigger sharp JPY moves. For Singapore traders, the 13:00-16:30 UTC+0 overlap is ideal for trading after UK data, as liquidity peaks. Always check the economic calendar on TradingView and avoid trading 30 minutes before major releases to prevent slippage. Use limit orders with wide stop losses during these events.
Execution & slippage - Singapore
Execution quality for GBP/JPY on TradingView from Singapore depends heavily on your broker's liquidity providers and server location. Brokers like Pepperstone and IC Markets offer ECN execution with low slippage during the 13:00-16:30 UTC+0 overlap, when spreads are tightest. Singapore's proximity to major internet hubs ensures low latency connections, but slippage can spike during high-impact news events. For example, during UK GDP releases, GBP/JPY may slip 2-3 pips even with fast execution. To mitigate this, use limit orders instead of market orders during volatile periods. Brokers regulated by
FCA/
ASIC must provide best execution, but slippage can still occur on stop-loss orders. Choose brokers with negative balance protection and fast trade execution, as advertised by Fusion Markets and Tickmill. Always test execution with a small deposit via USDT TRC20 before committing larger capital.
Islamic accounts & swap fees - Singapore
Islamic accounts, also known as swap-free accounts, are available for Singapore traders who require Sharia-compliant trading without overnight interest charges. Brokers offering Islamic accounts for GBP/JPY include Pepperstone, AvaTrade, Exness, IC Markets, Fusion Markets, HotForex HFM, eToro, FXTM, Capital.com, and Tickmill. On standard accounts, swap rates for GBP/JPY vary by broker and position direction: long positions typically incur a debit of -$5 to -$8 per lot per night, while short positions may receive a small credit. For Singapore traders holding positions over the weekend, swaps triple on Wednesday nights. Islamic accounts eliminate these fees, making them ideal for long-term swing traders. However, some brokers impose a holding period limit or charge an administrative fee after 30 days. Always confirm the specific swap-free terms with your broker, as
FCA/
ASIC regulations require transparent disclosure. For traders in the capital using USDT TRC20 deposits, Islamic accounts provide a cost-effective alternative for holding GBP/JPY positions overnight.
Risk management - Singapore
Risk management is paramount for Singapore traders trading GBP/JPY on TradingView, especially with 1:500 leverage available. A standard 1-2% risk rule means on a $5,000 account, you should risk no more than $50-$100 per trade. For GBP/JPY, where each pip on a 0.1 lot is worth $0.81, this translates to a stop loss of 62-123 pips. Use TradingView's position size calculator to adjust lot sizes based on your stop loss distance. Always set stop losses on entry, as GBP/JPY's volatility can cause rapid 50-pip swings during news events. Consider using trailing stops during the 13:00-16:30 UTC+0 overlap to lock in profits. Diversify across correlated pairs like EUR/JPY to reduce overall portfolio risk. Remember that high leverage amplifies both gains and losses, so never risk more than 2% on any single trade.
FCA/
ASIC regulation ensures negative balance protection, but discipline is your best defense.
Scam warnings - Singapore
Scams targeting Singapore traders seeking Best TradingView Brokers with Low GBP/JPY Spreads often involve unregulated brokers promising unrealistic spreads. Common tactics include fake
FCA/
ASIC registration numbers, phishing websites mimicking legitimate brokers, and social media ads offering 'guaranteed profits'. Always verify a broker's regulatory status directly on the FCA or ASIC official registers. Legitimate brokers like Pepperstone and Exness will never ask for USDT deposits to 'unlock' lower spreads. Avoid brokers that pressure you to deposit quickly or promise fixed spreads below 0.5 pips on GBP/JPY. For Singapore traders, only use brokers that offer transparent pricing and negative balance protection. Report suspicious brokers to the Monetary Authority of Singapore (
MAS) and always read online reviews from verified traders.
Related guides for Singapore traders
More Singapore broker guides
FAQ - Best TradingView Brokers with Low GBP/JPY Spreads in Singapore
Which broker has the lowest GBP/JPY spread on TradingView in Singapore?+
How do I deposit to a TradingView broker from Singapore?+
What is the best time to trade GBP/JPY from Singapore?+
Is GBP/JPY trading legal in Singapore?+
What leverage is available for GBP/JPY in Singapore?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.