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

FXTRADING.com Review 2026: A Comprehensive Look for Singapore Traders

FXTRADING.com is a decent broker for Singapore traders, especially those who value low minimum deposits and a wide range of instruments. However, its lack of direct MAS regulation (it operates under an International Business License) and limited educational resources may be drawbacks for more conservative or beginner traders.
Regulated: ASIC
Min Deposit: $50
Score: 3.9/5
Islamic: Yes
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Singapore Traders

  • Low minimum deposit of $50 USD (approx. SGD 67) makes it accessible for retail traders in Singapore.
  • Supports PayNow for instant deposits, a convenient local payment method.
  • Offers MT4 and MT5 platforms, which are popular and reliable on Singapore internet connections.
  • ECN account with spreads from 0.0 pips is competitive for active traders.
  • Islamic account available for Muslim traders in Singapore.

CONS for Singapore Traders

  • Not regulated by MAS, which may be a concern for traders seeking local regulatory protection.
  • Limited educational resources, which can be a drawback for beginner traders in Singapore.
  • No cTrader or TradingView platforms, which some traders prefer.
  • Customer support is not available 24/7 and lacks local language options like Mandarin or Malay.
  • Withdrawal fees may apply from some banks, and processing times can be slower than competitors.
📅
2012
Founded
📍
Australia
HQ
💵
$50
Min Deposit
📊
3.9/5
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
📋

FXTRADING.com Overview for Singapore

FXTRADING.com is an Australian-based forex and CFD broker founded in 2012, with a global reach that includes a significant presence in Asia. For Singapore traders, the broker offers a compelling mix of low minimum deposits ($50 USD), high leverage (up to 1:500), and popular trading platforms like MT4 and MT5. While it is not directly regulated by the Monetary Authority of Singapore (MAS), it operates under an International Business License and is regulated by ASIC in Australia, which provides a solid layer of security. The broker supports local payment methods such as PayNow, bank transfer, and credit cards, making it easy for Singaporeans to fund their accounts. With over 100 trading instruments, including forex, indices, commodities, and cryptocurrencies, FXTRADING.com caters to a range of trading styles, from scalping to swing trading. However, the lack of MAS oversight and limited educational resources may be drawbacks for some traders. Overall, it’s a viable option for experienced traders looking for a low-cost, flexible broker, but beginners should weigh the regulatory considerations carefully.

DetailInformation
Founded2012
HeadquartersAustralia
Regulated byASIC,VFSC
Min Deposit$50
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTRADING.com 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 FXTRADING.com'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$50
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
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

FXTRADING.com offers a genuine Islamic (swap-free) account for Muslim traders in Singapore who require Sharia-compliant trading. This account does not charge or pay overnight swap fees on positions held open, making it suitable for those who want to avoid interest (riba). However, the broker may apply an administrative fee after a certain number of days (typically 7-10 days) to compensate for the lack of swap, so it's important to check the specific terms. To apply, you simply need to request the Islamic account during registration or contact customer support. The account is available on both Standard and ECN accounts, with the same spreads and commissions. For Singapore Muslim traders, this is a good option, but be aware of the potential for holding fees if you keep positions open for extended periods.

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 FXTRADING.com

  • Mistake: Assuming MAS regulation — Many Singapore traders mistakenly believe FXTRADING.com is regulated by MAS. Always verify the broker’s license on the ASIC register before depositing.
  • Mistake: Not checking swap-free terms — Islamic account holders may be charged an administrative fee after holding positions for more than 7 days. Always read the terms to avoid unexpected costs.
  • Mistake: Using bank transfer for small deposits — Bank transfers can take 1-2 days and may incur fees. For deposits under $500, use PayNow for instant, fee-free funding.
🔍

FXTRADING.com vs Competitors in Singapore

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTRADING.com (current)$50Check brokerYesNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTRADING.com

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
FXTRADING.com segregates all client funds and is regulated by top-tier authorities.

FXTRADING.com User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on 200 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.9
★★★★★
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
📰

FXTRADING.com Latest News & Updates 2026

Platform
July 2026
FXTRADING.com expands TradingView integration
FXTRADING.com has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTRADING.com maintains top-tier regulatory status
FXTRADING.com continues to hold its regulatory licenses, ensuring client fund protection for Singapore traders.
Product
May 2026
New instruments added for Singapore traders
FXTRADING.com has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTRADING.com Worth It for Singapore Traders?

3.9/5
★★★★★

FXTRADING.com is a solid choice for experienced Singapore traders who prioritize low costs, flexible account types, and the popular MT4/MT5 platforms. The ability to deposit via PayNow and the low minimum deposit make it easy to get started. However, the lack of direct MAS regulation is a significant consideration, especially for those who value local oversight. The broker’s educational resources are limited, so beginners may need to look elsewhere for learning materials. Overall, FXTRADING.com is best suited for active traders and scalpers who can take advantage of the ECN account’s tight spreads, while more conservative traders may prefer a MAS-regulated broker. If you are comfortable with ASIC regulation and want a low-cost broker, FXTRADING.com is worth considering, but always trade with caution and only risk capital you can afford to lose.

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FAQ — FXTRADING.com for Singapore Traders

Is FXTRADING.com safe for Singapore traders?+
How can I deposit money in FXTRADING.com from Singapore?+
Does FXTRADING.com have Islamic account?+
What is the minimum deposit for FXTRADING.com in Singapore?+
What trading platforms does FXTRADING.com offer?+
Is FXTRADING.com 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.
Open FXTRADING.com Account
Regulated · Singapore
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationASIC · VFSC
Min Deposit$50
Max Leverage2000
Founded2012
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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