Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
For Singapore traders operating in the financial hub of Asia, choosing the right forex broker is critical to success. This comparison between AvaTrade and InvestoPro is tailored specifically for sophisticated investors in Singapore who demand low costs, robust regulation, and seamless local payment options. AvaTrade, with a strong score of 4.6/5, is a well-established broker regulated by the Monetary Authority of Singapore (MAS), offering a trusted environment for trading forex, CFDs, and commodities. InvestoPro, scoring 3.8/5, is a newer entrant that provides a wider range of exotic instruments but lacks direct MAS oversight, which may concern risk-averse traders. Both brokers support SGD accounts and accept local payment methods like PayNow, Bank Transfer, and Credit Card, but their regulatory frameworks, cost structures, and platform offerings differ significantly. This guide will help you decide which broker aligns with your trading style and local needs.
| Instrument | AvaTrade | 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 | $100 | $0 | InvestoPro |
When comparing trading costs for Singapore traders, AvaTrade clearly outperforms InvestoPro. AvaTrade offers spreads from 0.0 pips on its Razor account for major pairs like EUR/USD and USD/SGD, with a commission of $7 per lot round turn. For high-volume traders, this translates to significantly lower costs. In contrast, InvestoPro's spreads start at 0.8 pips on the same pairs with no commission, but the wider spreads mean that active traders pay more per trade. For example, trading 10 lots of EUR/USD daily, AvaTrade's total cost is about $70 in commission, while InvestoPro's spread cost would be $80, assuming a $10 per pip value. Over a month, this difference adds up, making AvaTrade more cost-effective for sophisticated Singapore traders who trade frequently.
| Account Type | AvaTrade | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $100 | $0 |
| Entity / Asset | AvaTrade | InvestoPro |
|---|---|---|
| Singapore (offshore) | Up to 1:400 | Up to 1:500 |
| Forex major pairs | 1:400 | 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 | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | 20+ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | InvestoPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer robust trading platforms, but AvaTrade edges ahead with its support for MetaTrader 4, MetaTrader 5, and the proprietary AvaTradeGO app, all optimized for Singapore traders. These platforms provide advanced charting tools, automated trading via Expert Advisors, and fast execution. InvestoPro offers MetaTrader 4 and its own web platform, but lacks the mobile-first experience that many Singapore traders prefer. For traders in Singapore who value on-the-go trading and access to a wide range of technical indicators, AvaTrade's platform suite is more comprehensive and user-friendly.
| Factor | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is a key differentiator for active traders. AvaTrade uses Straight Through Processing (STP) with no dealing desk intervention, ensuring fast execution and minimal slippage. InvestoPro also uses STP, but its execution speeds are slightly slower due to less robust infrastructure. For Singapore traders who trade high volumes or use scalping strategies, AvaTrade's execution reliability is superior.
| Safety Factor | AvaTrade | InvestoPro |
|---|---|---|
| Primary regulator | CBI | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a top priority for Singapore traders, and AvaTrade holds a Capital Markets Services Licence from the Monetary Authority of Singapore (MAS), providing strong investor protection and adherence to strict financial standards. This means client funds are held in segregated accounts, and the broker must comply with MAS reporting requirements. InvestoPro is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, which offers limited oversight and no compensation scheme. For sophisticated Singapore traders who value security and local regulatory compliance, AvaTrade's MAS regulation is a significant advantage.
| Payment Method | AvaTrade | InvestoPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | Card/e-wallet fast; bank transfer 1-3 days |
Depositing and withdrawing funds in SGD is straightforward with both brokers, but AvaTrade offers more local convenience. AvaTrade supports PayNow, Bank Transfer, and Credit Card deposits, all in SGD, with instant processing and no fees. Withdrawals are processed within 24 hours via the same methods. InvestoPro accepts Bank Transfer and Credit Card deposits but does not offer PayNow, which is a key payment method for Singapore traders. Bank transfers at InvestoPro can take 1-2 business days to reflect, and withdrawals may incur a small fee. For Singapore traders who rely on fast, fee-free payments like PayNow, AvaTrade is the better option.
| Islamic Account Feature | AvaTrade | 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 AvaTrade and InvestoPro offer Islamic (swap-free) accounts for Singapore Muslim traders who require Sharia-compliant trading. AvaTrade's Islamic account is available on all account types and waives overnight interest on all instruments, making it a flexible choice. InvestoPro also provides a swap-free account, but it may be limited to certain account types or instruments. For Singapore traders seeking a reliable Islamic account with no restrictions, AvaTrade's offering is more comprehensive and transparent.
| Support Feature | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
Customer support is critical for Singapore traders, and AvaTrade provides 24/5 multilingual support via live chat, email, and phone, with a dedicated team familiar with local trading hours. InvestoPro offers email and live chat support but has limited phone support and slower response times. For sophisticated traders in Singapore who need prompt assistance during Asian trading sessions, AvaTrade's support is more reliable.
| Mobile Feature | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | AvaTrade |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose InvestoPro if you...
For Singapore traders, AvaTrade is the clear winner with a 4.6/5 score, offering MAS regulation, lower spreads, and local payment methods like PayNow, Bank Transfer, and Credit Card. It is ideally suited for sophisticated investors who prioritize security, cost efficiency, and fast transactions. InvestoPro, with a 3.8/5 score, may appeal to traders seeking exotic instruments, but its lack of MAS oversight and higher costs make it a secondary choice. For most Singapore traders, especially those active in the financial hub, AvaTrade provides the optimal balance of regulation, fees, and local convenience.