📋
EasyMarkets Overview for Singapore
EasyMarkets is a well-established forex and CFD broker founded in 2001, with its headquarters in Cyprus and a global presence. For Singapore traders, EasyMarkets offers a unique proposition: a low minimum deposit of just $25 USD, a proprietary platform with innovative risk management tools like 'deal cancellation', and support for local payment methods including PayNow and bank transfers. Despite its long history and multiple regulatory licenses (CySEC, ASIC, FSA, BVI FSC), EasyMarkets is not regulated by the Monetary Authority of Singapore (MAS). This is a critical point for sophisticated Singapore traders who prioritize local oversight and the protection of the Financial Industry Disputes Resolution Centre (FIDReC). The broker caters to both beginners and experienced traders, but the lack of MT4/MT5 platforms and the absence of MAS regulation are significant considerations for the Singapore market. Overall, EasyMarkets is a legitimate broker with a solid reputation, but its suitability for Singapore traders depends on individual preferences for platform choice and regulatory comfort.
| Detail | Information |
|---|
| Founded | 2001 |
| Headquarters | Cyprus |
| Regulated by | CySEC,ASIC,FSA,BVI FSC |
| Min Deposit | $25 |
| Max Leverage | 2000 |
| Platforms | — |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
🛡️
Regulation & Safety — Is EasyMarkets Safe for Singapore?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Singapore traders
Always verify EasyMarkets's regulation at the official regulator website before depositing.
📉
Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
💼
Account Types for Singapore Traders
Standard Account
No Commission
Min Deposit$25
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$25
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | No |
| Copy Trading | No |
💳
Deposits & Withdrawals — Singapore Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantSingapore deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️
Islamic Account — Singapore Muslim Traders
EasyMarkets offers a genuine swap-free Islamic account for Muslim traders in Singapore who wish to trade in accordance with Sharia law. This account does not charge any overnight interest (swap) on positions held open past the daily rollover time. Importantly, there are no hidden fees or administrative charges for using the Islamic account, unlike some brokers that increase spreads to compensate. To open an Islamic account, Singapore traders can request it during the registration process or by contacting customer support after opening a standard account. The account is available on all trading instruments, including forex, commodities, and indices. This makes EasyMarkets a good option for Singapore Muslim traders looking for a transparent and compliant swap-free trading environment.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊
Instruments & Markets in Singapore
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Singapore traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Singapore traders.
🎓
Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Singapore traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬
Customer Support — Singapore Review
Support verdict for Singapore
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️
Common Mistakes Singapore Traders Make with EasyMarkets
- Mistake: Assuming MAS regulation. Many Singapore traders mistakenly believe EasyMarkets is regulated by MAS. Always verify the regulatory status of the entity you are dealing with.
- Mistake: Not using the demo account. Beginners often skip the demo and jump into live trading, which can lead to unnecessary losses. EasyMarkets offers a free demo account to practice.
- Mistake: Ignoring the deal cancellation feature. This unique tool can help reduce losses on losing trades, but many traders forget to use it. Always check the terms and conditions before using it.
🔍
EasyMarkets vs Competitors in Singapore
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| EasyMarkets (current) | $25 | Check broker | Yes | No | 3.4 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
🔒
Security & Fund Protection — EasyMarkets
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Singapore traders
EasyMarkets segregates all client funds and is regulated by top-tier authorities.
⭐
EasyMarkets User Reviews & Ratings
CompareBroker Expert Rating
3.4
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰
EasyMarkets Latest News & Updates 2026
EasyMarkets expands TradingView integration
EasyMarkets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
EasyMarkets maintains top-tier regulatory status
EasyMarkets continues to hold its regulatory licenses, ensuring client fund protection for Singapore traders.
New instruments added for Singapore traders
EasyMarkets has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is EasyMarkets Worth It for Singapore Traders?
3.4/5
★★★★★
EasyMarkets is a legitimate and long-standing broker that offers a user-friendly experience, especially for beginners. The low minimum deposit and support for PayNow make it easy for Singapore traders to get started. However, the lack of MAS regulation is a significant concern for those who prioritize local oversight and the safety net of FIDReC. Sophisticated Singapore traders may also be disappointed by the absence of MT4/MT5 and the relatively wider spreads. For Singapore traders who value simplicity, innovative risk tools like deal cancellation, and are comfortable with offshore regulation, EasyMarkets can be a viable option. However, for most traders, especially those with larger capital or advanced needs, a MAS-regulated broker like IG or OANDA would be a better choice. Overall, EasyMarkets is best suited for beginner and intermediate traders who want a straightforward platform with unique features.
Open EasyMarkets Account❓
FAQ — EasyMarkets for Singapore Traders
Is EasyMarkets safe for Singapore traders?+
How can I deposit money in EasyMarkets from Singapore?+
Does EasyMarkets have Islamic account?+
What is the minimum deposit for EasyMarkets in Singapore?+
What trading platforms does EasyMarkets offer?+
Is EasyMarkets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.