HomeBroker ReviewsEasyMarkets ReviewSingapore
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Singapore
Live account tested
Broker Review · Singapore 2026

EasyMarkets Review 2026: A Comprehensive Guide for Singapore Traders

EasyMarkets offers a straightforward trading experience with a low minimum deposit and an innovative deal cancellation feature, but its lack of popular platforms like MT4/MT5 and absence of local MAS regulation are significant drawbacks for Singapore traders. While suitable for beginners, sophisticated traders may find the offering limited.
Regulated: CySEC
Min Deposit: $25
Score: 3.4/5
Islamic: Yes
3.4/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.5
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Singapore Traders

  • Low minimum deposit of $25 USD, ideal for beginners in Singapore.
  • Supports PayNow for instant SGD deposits from Singapore banks.
  • Offers a genuine swap-free Islamic account for Muslim traders.
  • Innovative 'deal cancellation' feature helps manage risk.
  • Long track record since 2001 with multiple regulatory licenses.

CONS for Singapore Traders

  • Not regulated by the Monetary Authority of Singapore (MAS), meaning no FIDReC protection.
  • Does not offer MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms.
  • Spreads are wider compared to top MAS-regulated brokers like IG.
  • Limited educational resources for advanced traders.
  • Customer support is not available 24/7.
📅
2001
Founded
📍
Cyprus
HQ
💵
$25
Min Deposit
📊
3.4/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Singapore
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

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.

DetailInformation
Founded2001
HeadquartersCyprus
Regulated byCySEC,ASIC,FSA,BVI FSC
Min Deposit$25
Max Leverage2000
Platforms
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is EasyMarkets Safe for Singapore?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
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.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck 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
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Singapore tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Singapore Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Singapore 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.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually 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 ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
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
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
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

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
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

BrokerMin DepositEUR/USDIslamicTradingViewScore
EasyMarkets (current)$25Check brokerYesNo3.4
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

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

Trustpilot Rating

3.4
★★★★★
Based on 1,830 reviews
Read on Trustpilot

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

Platform
July 2026
EasyMarkets expands TradingView integration
EasyMarkets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
EasyMarkets maintains top-tier regulatory status
EasyMarkets continues to hold its regulatory licenses, ensuring client fund protection for Singapore traders.
Product
May 2026
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.

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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.
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Regulated · Singapore
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.4/5
RegulationCySEC · ASIC
Min Deposit$25
Max Leverage2000
Founded2001
IslamicYes
TradingViewNo
MT4/MT5
Copy TradingNo
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