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Complete Head-to-Head Comparison · 2026

Admirals vs Libertex 2026: In-Depth Comparison for Singapore Traders

Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.

Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
Open Account
VS
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Singapore traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Singapore Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
Admirals
Swap-free for Singapore Muslims
Best for Beginners
Libertex
Better education & support
$1 vs $10
Min deposit
1:500 vs 1:999
Max leverage
FCA vs CySEC
Top regulator
3.1 vs 3.8
Our scores
Table of Contents

Singapore traders seeking a reliable forex broker in 2026 face a crucial choice between Admirals (rated 4.1/5) and Libertex (rated 3.7/5). As one of the world's leading financial hubs, Singapore demands brokers that offer tight spreads, robust regulation by the Monetary Authority of Singapore (MAS), and seamless local payments like PayNow, Bank Transfer, and Credit Card. Admirals stands out with its advanced MetaTrader platforms, deep liquidity, and educational resources tailored for sophisticated investors. Libertex, while user-friendly and commission-free, caters more to casual traders with a simplified interface. Both brokers accept Singapore residents and offer Islamic accounts, but their cost structures and platform features differ significantly. This comparison breaks down every aspect—trading costs, regulation, deposit methods, and execution quality—to help you decide which broker aligns with your trading style in Singapore's dynamic forex market.

🏆

Overall Scores Comparison

Admirals
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
VS
LI
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.5
WIN
Regulation
Safety, oversight
3.4
WIN
3.3
Deposits
Local payments
3.2
3.9
WIN
Customer Support
24/5, chat, phone
2.9
3.6
WIN
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.2
3.6
WIN
Mobile App
iOS, Android
3.1
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentAdmiralsLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$1$10Admirals

For Singapore traders, trading costs are a decisive factor. Admirals offers spreads from 0.0 pips on its Zero account with a low commission per lot, making it ideal for high-volume traders. On standard accounts, spreads average 0.5–1.2 pips on major pairs. Libertex operates on a commission-free model with slightly wider spreads, averaging 1.0–1.8 pips on EUR/USD. Over a month of active trading, the cost difference can amount to hundreds of SGD, especially for scalpers or day traders. Admirals' tighter spreads directly benefit Singapore traders who execute multiple trades daily, while Libertex may suit those who trade less frequently or prefer simplicity.

📂

Account Types Comparison

Account TypeAdmiralsLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$1$10
⚖️

Leverage Comparison - Singapore Traders

Entity / AssetAdmiralsLibertex
Singapore (offshore)Up to 1:500Up to 1:999
Forex major pairs1:5001:999
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Singapore Traders
Traders in Singapore typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassAdmiralsLibertexWinner
Forex pairs90+65+Admirals
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesAdmirals
Crypto CFDs30+20+Admirals
Stocks / Share CFDs1,000+Libertex
ETFsTie
🖥️

Platforms Comparison

PlatformAdmiralsLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Admirals provides MetaTrader 4 and MetaTrader 5, the gold standard for professional traders, offering advanced charting tools, automated trading via Expert Advisors, and custom indicators. These platforms are ideal for Singapore's sophisticated investors who require in-depth analysis. Libertex features its proprietary web-based platform, which is intuitive and commission-free but lacks the depth of MT4/MT5. For Singapore traders relying on algorithmic strategies or complex analysis, Admirals is the clear choice. Libertex's platform is better suited for beginners or those who prioritize ease of use over advanced functionality.

Execution Quality - Speed & Slippage

FactorAdmiralsLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msAdmirals
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Admirals delivers fast execution with low latency, thanks to its ECN/STP model and data centres in major hubs. Average execution speed is under 30 milliseconds, ideal for scalpers. Libertex offers market execution with speeds around 50-100 milliseconds, which is still competitive but slightly slower. For Singapore traders in a fast-paced environment, Admirals' superior execution quality reduces slippage and improves trade outcomes.

🛡️

Regulation & Safety for Singapore Traders

Safety FactorAdmiralsLibertex
Primary regulatorFCACySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Both brokers operate under strict regulatory frameworks that matter to Singapore traders. Admirals is regulated by the FCA, CySEC, and holds a license in the UK, ensuring high standards of client fund segregation and negative balance protection. Libertex is regulated by CySEC and the FSC of Mauritius. While both are compliant with MAS guidelines for offering services to Singapore residents, Admirals' stronger regulatory pedigree provides extra reassurance for sophisticated investors. Libertex's regulation is adequate but less robust. For Singapore traders, this means Admirals offers greater transparency and investor protection.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Singapore traders may differ by entity.
💳

Deposits & Withdrawals for Singapore

Payment MethodAdmiralsLibertex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timee-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.5 business days

Depositing and withdrawing funds is seamless for Singapore traders at both brokers. Admirals supports PayNow for instant deposits in SGD with no fees, Bank Transfer (1-2 business days), and Credit Card (instant, 2% fee). Minimum deposit is $100 SGD. Withdrawals are processed within 24 hours, with most methods free. Libertex also accepts PayNow, Bank Transfer, and Credit Card, with a minimum deposit of $10 SGD. Withdrawals are free and processed within 1-2 business days. Both brokers allow SGD accounts, eliminating conversion costs. For speed and convenience, Admirals' instant PayNow deposits and faster withdrawals give it an edge for active Singapore traders.

☪️

Islamic Accounts - Swap-Free for Singapore Muslims

Islamic Account FeatureAdmiralsLibertex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Muslim traders in Singapore can open swap-free Islamic accounts at both Admirals and Libertex. Admirals offers Islamic accounts across all account types, including the Zero account, with no interest charges on overnight positions. Libertex provides Islamic accounts upon request, but availability may vary by entity. Both accounts comply with Sharia law, making them suitable for Singapore's Muslim community. However, Admirals' broader availability and transparent terms make it a more reliable choice for Islamic traders seeking consistent swap-free trading.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureAdmiralsLibertexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesAdmirals

Admirals offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated team for Singapore traders. Response times are under 30 seconds for live chat. Libertex provides 24/5 support via live chat and email, but phone support is limited. For Singapore traders who value quick resolution, Admirals' faster response and localised support are advantageous.

📱

Mobile App Comparison

Mobile FeatureAdmiralsLibertexWinner
iOS App Store rating4.5 stars4.3 starsAdmirals
Google Play rating4.3 stars4.2 starsAdmirals
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceAdmiralsLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyAdmirals
Economic calendarTie
Market analysisDailyBasicAdmirals

Real User Reviews - Trustpilot

T
Admirals
★★★★★
2.2K
2,160 verified reviews
View on Trustpilot
T
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Admirals

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Singapore Guide

Choose Admirals if you...

  • Are a sophisticated investor requiring advanced platforms like MetaTrader 4/5 with automated trading.
  • Trade high volumes and need ultra-tight spreads to minimise costs in SGD.
  • Value strong regulation (FCA, CySEC) and robust investor protection.
  • Prefer instant deposits via PayNow and faster withdrawals (within 24 hours).

Choose Libertex if you...

  • Are a beginner or casual trader seeking a simple, commission-free platform.
  • Trade low volumes and prioritise ease of use over advanced tools.
  • Want a low minimum deposit ($10 SGD) and straightforward account setup.
  • Prefer a web-based platform with no software download required.

FAQ - Admirals vs Libertex in Singapore

Is Admirals or Libertex better for Singapore? +
Can Singapore traders use both brokers legally? +
Which broker has lower spreads for Singapore traders? +
How do Singapore traders deposit at Admirals and Libertex? +
Do both brokers offer Islamic accounts for Singapore? +

Final Verdict - Singapore 2026

Libertex wins overall

For Singapore traders, Admirals emerges as the superior choice with its higher rating (4.1 vs 3.7), tighter spreads, advanced platforms, and stronger regulation. Its support for PayNow, Bank Transfer, and Credit Card ensures seamless local transactions, while MAS compliance adds trust. Libertex is a viable alternative for beginners or those who prefer a commission-free model, but its wider spreads and simpler platform limit its appeal for sophisticated investors. Given Singapore's status as a financial hub, Admirals' professional-grade tools and cost efficiency make it the recommended broker for 2026. Open an Admirals account today to start trading with confidence.

Open AdmiralsOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
Admirals 3.1/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.