Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
For Singapore traders operating in one of the world’s most dynamic financial hubs, choosing the right forex broker is critical. Admirals and InvestoPro are both regulated by the Monetary Authority of Singapore (MAS), offering local payment methods like PayNow, Bank Transfer, and Credit Card. Admirals, with a score of 4.1/5, is a well-established broker known for its tight spreads and advanced trading tools, appealing to sophisticated investors. InvestoPro, scoring 3.8/5, provides a more streamlined platform with fixed spreads and a focus on simplicity. This comparison examines their trading costs, platform features, and regulatory standing specifically for Singapore traders, helping you decide which broker aligns with your trading style and local requirements. Whether you trade major currency pairs like USD/SGD or indices, understanding the nuances of each broker’s offering in the Singapore context is essential for maximising your returns.
| Instrument | Admirals | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $0 | InvestoPro |
For Singapore traders, trading costs are a major factor, especially when dealing with high volumes typical in a financial hub. Admirals offers a Raw Spread account with spreads from 0.0 pips and a commission of SGD 3 per lot per side, making it cost-effective for scalpers and day traders. InvestoPro’s standard account has fixed spreads averaging 1.2 pips on USD/SGD, with no commission, which can be cheaper for smaller trades but becomes more expensive at higher volumes. For a 10-lot trade, Admirals’ total cost is approximately SGD 60, while InvestoPro’s is SGD 120, highlighting Admirals’ advantage for active Singapore traders.
| Account Type | Admirals | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $0 |
| Entity / Asset | Admirals | InvestoPro |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | InvestoPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | InvestoPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides MetaTrader 4 and MetaTrader 5, along with its proprietary WebTrader, all customisable with advanced charting tools and indicators suitable for Singapore’s sophisticated traders. InvestoPro offers MetaTrader 4 and a basic web platform, but lacks MT5 or advanced analysis features. For Singapore traders who rely on algorithmic trading or detailed technical analysis, Admirals’ platform suite is superior. Both platforms support mobile trading, but Admirals’ integration with local data feeds ensures real-time pricing for SGD pairs.
| Factor | Admirals | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Admirals uses straight-through processing (STP) with no dealing desk, offering average execution speeds of 0.1 seconds and minimal slippage, ideal for Singapore’s fast-paced trading environment. InvestoPro’s execution is also STP-based but with occasional requotes during volatile markets. For high-frequency traders in Singapore, Admirals’ reliable execution is a key advantage.
| Safety Factor | Admirals | InvestoPro |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Admirals and InvestoPro are regulated by the Monetary Authority of Singapore (MAS), providing a strong layer of investor protection for Singapore traders. Admirals holds a CMS licence under Admirals Singapore Pte Ltd, ensuring compliance with MAS’s strict capital requirements and client fund segregation. InvestoPro operates under an MAS-regulated status but with a smaller local footprint. For Singapore traders, MAS oversight means recourse through the Financial Industry Disputes Resolution Centre (FIDRec) if disputes arise, though Admirals’ direct licence offers more tangible security.
| Payment Method | Admirals | InvestoPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Card/e-wallet fast; bank transfer 1-3 days |
Singapore traders can fund both Admirals and InvestoPro accounts using PayNow, Bank Transfer, and Credit Card in SGD. Admirals processes PayNow deposits instantly and fee-free, with a minimum of SGD 100, and withdrawals via PayNow are completed within 24 hours. Bank transfers at Admirals take 1-2 business days with no fees. InvestoPro also supports PayNow and bank transfers, but Credit Card deposits incur a 2% fee, and withdrawals may take up to 3 business days. For traders who prioritise speed and low costs, Admirals’ payment infrastructure is more efficient for the Singapore market.
| Islamic Account Feature | Admirals | InvestoPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Singapore Muslim traders. Admirals provides Islamic accounts upon request, with no swap charges on overnight positions, but applies a small administrative fee after 10 days of holding a position. InvestoPro offers Islamic accounts automatically during registration, with no swap fees and no additional charges, making it more straightforward for Singapore traders seeking Sharia-compliant trading. Both accounts are available for all account types, but InvestoPro’s simpler process may appeal to those new to Islamic accounts.
| Support Feature | Admirals | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 customer support in English, Mandarin, and Malay, with a dedicated Singapore phone line and live chat. InvestoPro provides 24/5 support via email and live chat, but lacks phone support. For Singapore traders, Admirals’ local language options and phone support are more convenient, especially during Asian trading hours.
| Mobile Feature | Admirals | InvestoPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Admirals | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Admirals |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose InvestoPro if you...
For Singapore traders, Admirals is the stronger choice, offering lower spreads, superior platforms, and direct MAS regulation under a CMS licence. Its support for PayNow, Bank Transfer, and Credit Card with no fees on deposits makes it ideal for sophisticated investors in Singapore’s financial hub. InvestoPro is a viable alternative for cost-conscious traders who prefer fixed spreads and easy Islamic account access, but its higher overall costs and limited platform features make it less competitive. Ultimately, Admirals’ combination of local payment methods, regulatory strength, and trading costs positions it as the better broker for Singapore traders in 2025.