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
DAX 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 | $50 | — | MT5 MT4 | Yes | FCA | Open |
| 3.1 | $0 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
For traders based in Singapore, the DAX 40 is more than just a German index—it directly impacts our local economy. Singapore has strong trade ties with Germany, so DAX movements often signal shifts in European demand that affect our export-driven sectors, from electronics to pharmaceuticals. When the DAX drops, Singapore-listed companies with German exposure, like those in precision engineering, can feel the pinch. Trading the DAX on TradingView from Singapore is ideal because the platform’s cloud-based charts let us analyze the London session, which opens at 08:00 UTC+0—our morning coffee time. The best trading window is the London-NY overlap from 13:00 to 16:30 UTC+0, which falls right after lunch here in Singapore, when liquidity peaks. Depositing via USDT TRC20 from a local exchange like Binance or Crypto.com is fast and avoids traditional bank delays, with most brokers accepting deposits in USD. Under
FCA/
ASIC regulation, we can access up to 1:500 leverage, amplifying our USD-denominated accounts while keeping capital requirements low. Traders in the capital, Singapore City, particularly appreciate TradingView’s real-time alerts and social features, which help us stay on top of DAX moves without being glued to the screen. This combination of local relevance, flexible funding, and powerful charting makes TradingView the go-to platform for DAX traders in Singapore in 2026.
DAX Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for DAX 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
+ Low deposit ($50)
+ 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 DAX on TradingView?
The DAX, or DAX 40, is Germany’s benchmark stock index comprising 40 major companies like Siemens, BMW, and SAP. For Singapore traders, the DAX matters because Germany is one of our largest trading partners in the EU—when the DAX falls, it often signals weaker European demand, which can hit Singapore’s manufacturing and chemical exports. Traders in Singapore City use TradingView to chart the DAX, applying tools like Fibonacci retracements and volume profile to spot trends. A 1 pip move on the DAX is worth $10 in USD for a standard lot, so with a $1,000 account (approximately $1,350 SGD), trading 0.1 lots means each pip is $1. If a Singapore trader risks 20 pips on a trade, that’s $20 or 2% of their account—a sensible risk level. TradingView’s charts are perfect for us because they load quickly even on mobile data, and we can customize indicators like the RSI to catch DAX reversals during the London session. With the DAX daily range of 50-200 points, Singapore traders can find multiple setups daily, and TradingView’s replay mode lets us backtest strategies after market close. For a Singapore-based trader, this platform bridges the gap between European market hours and our local lifestyle.
DAX CFDs vs Futures
For Singapore traders, DAX CFDs are far more accessible than futures because we can’t easily trade on US or EU futures exchanges without a local brokerage account. Let’s say you want to risk $1,000 in margin—that’s roughly $1,350 SGD, which is a common amount for retail traders here. With CFDs, brokers like Pepperstone accept USDT TRC20 deposits directly, so there’s no need for a US bank account or currency conversion delays. Leverage up to 1:500 is available on CFDs, meaning a $1,000 margin controls $500,000 in DAX exposure, while futures often limit leverage to 1:20 for Singapore residents. This makes CFDs ideal for capital-efficient trading from Singapore City. Plus, most CFD brokers listed here—Pepperstone, AvaTrade, Exness—are regulated by
FCA/
ASIC, giving us peace of mind. For a Singapore trader’s guide, CFDs win hands down for flexibility and funding ease.
Best trading times - DAX from Singapore
For Singapore traders in UTC+0, the London session opens at 08:00 local time—this is our morning rush, when many in Singapore City are having breakfast or commuting. The best window to trade DAX is the London-NY overlap from 13:00 to 16:30 UTC+0, which falls right after lunch in Singapore. At 13:00, I’m usually back at my desk in my apartment in Tampines, with high volatility as US traders join the market. The NY close at 22:00 UTC+0 is late night for us, around 10 PM, so most Singapore traders are winding down, but scalpers might catch the final moves. The DAX performs best during the London session because that’s when German economic data and European news drop. A unique tip: set TradingView alerts for key DAX levels (like 15,000 or 15,200) at 07:30 UTC+0, so you’re notified 30 minutes before the London open while you’re still getting ready. This way, Singapore traders don’t miss entry points during our morning routine.
Key economic events - Singapore
Key DAX events for Singapore traders include the ECB Rate Decision (typically 12:15 UTC+0, which is 8:15 PM local), German CPI (08:00 UTC+0, our 4 PM), German GDP (07:00 UTC+0, our 3 PM), Eurozone PMI (08:00 UTC+0, our 4 PM), and Russia-Ukraine developments (anytime). These events connect to Singapore’s economy because Germany is our largest EU trade partner—a weak German GDP often reduces demand for Singapore’s electronics and chemicals. On TradingView, I set the economic calendar to filter by ‘EUR’ and enable push notifications for these events, so I’m alerted 30 minutes prior. A specific strategy: 30 minutes before the ECB rate decision (around 7:45 PM local), Singapore traders should tighten stops or reduce position sizes, as volatility can spike 50-100 points. For traders in Singapore City, this approach avoids getting caught in sharp reversals. Always check local time conversions—all these events fall in our evening hours, perfect for after-work trading.
Execution & slippage - Singapore
Execution quality for DAX on TradingView depends heavily on your internet in Singapore. In central areas like Singapore City, fiber connections keep slippage low, but in regions like Woodlands or Pasir Ris, occasional lag can widen spreads by 1-2 pips during the 13:00-16:30 overlap. For scalping, a VPS hosted in London is recommended to reduce latency to under 10ms—without it, slippage on DAX can hit 3-5 pips on fast moves. TradingView’s browser-based nature is a double-edged sword for Singapore traders: it’s convenient for quick analysis, but heavy chart usage can strain slower connections, causing delayed order execution. The best server location for Singapore traders trading DAX is London, as it’s closer to the underlying market than New York. During peak hours, typical slippage for a 0.1 lot DAX trade is 1-2 pips for those on fiber, but VPS users often see zero slippage. For Singapore-based traders, investing in a VPS is a smart move if you’re serious about scalping the DAX.
Islamic accounts & swap fees - Singapore
DAX CFD swaps are charged daily for positions held overnight. For a Singapore trader with a $1,000 USD account trading 0.1 lots, the overnight swap cost is approximately $0.50-$1.00 per night, depending on the broker and interest rates. Islamic (swap-free) accounts are available from several top brokers on this list: Pepperstone, AvaTrade, Exness, IC Markets, Fusion Markets, HotForex HFM, eToro, FXTM, Capital.com, and Tickmill. To enable swap-free on TradingView, you must request it from your broker before opening trades—most brokers let you toggle it in the account settings or via support. While Singapore has a 0% Muslim population, swap-free accounts are still useful for long-term DAX traders who want to avoid daily fees. Over a week, swap costs of $3.50-$7.00 can eat into profits on a $100 account, so traders holding DAX positions for weeks should compare swap rates. For a Singapore trader aiming for 100 pips profit per month ($100 on 0.1 lots), swap fees of $20-30 can reduce net gains significantly, making swap-free accounts attractive for swing traders.
Risk management - Singapore
For Singapore traders starting with DAX on TradingView, appropriate capital is $500-$1,000 USD (roughly $675-$1,350 SGD), which is achievable for most retail traders in Singapore City. Using the 1-2% rule, maximum risk per trade should be $10-$20 USD. Given the DAX daily range of 50-200 points, a stop-loss of 20 points equals $20 for a 0.1 lot trade, fitting within this risk. With 1:500 leverage available under
FCA/
ASIC, a $500 account can control $250,000 in DAX exposure—but this magnifies losses equally, so a 1% adverse move could wipe out 50% of your account if overleveraged. TradingView’s risk management tools, like the long position tool and position size calculator, let Singapore traders set stop-losses and take-profits directly on the chart. I always use these before entering a trade, ensuring my risk per trade never exceeds 2% of my USD account. For traders in Singapore, discipline with leverage is key—start small and scale up.
Scam warnings - Singapore
Scams targeting Singapore traders often involve fake TradingView broker apps that mimic legitimate platforms, shared via WhatsApp or Telegram groups promising ‘guaranteed DAX signals’. Red flags include unregulated brokers claiming to be based in Singapore but not registered with the
MAS—always check
FCA/
ASIC registers. Fake celebrity endorsements using photos of local figures like Lee Hsien Loong are common in Singapore scam ads. To verify, only use brokers from broker.tradingview.com official list and confirm regulation on FCA/ASIC websites. If scammed, report to the Singapore Police Force’s Commercial Affairs Department (CAD) and file a complaint with FCA/ASIC. Be wary of promises of guaranteed USD withdrawals—legitimate brokers never guarantee profits. For Singapore traders, if a deal sounds too good, it’s a scam targeting your capital.
Related guides for Singapore traders
More Singapore broker guides
FAQ - Best TradingView Brokers for DAX in Singapore
Which broker offers the best TradingView integration for DAX in Singapore?+
How do I deposit to a TradingView broker from Singapore in USD?+
What is the best time to trade DAX on TradingView from Singapore?+
Is TradingView and DAX CFD trading legal in Singapore?+
What is the maximum leverage for DAX trading 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.