Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Singapore traders evaluating EasyMarkets vs VT Markets in 2025 face a choice between two brokers that cater to different trading styles. EasyMarkets, with a 3.4/5 rating, is known for its fixed spreads and risk management tools like guaranteed stop-loss, which appeal to traders in Singapore's financial hub who prioritize predictability. VT Markets, scoring 3.3/5, offers raw spreads on ECN accounts and a wider range of instruments, suiting sophisticated investors seeking lower costs per trade. Both brokers accept SGD deposits via PayNow, Bank Transfer, and Credit Card, making them accessible to local traders. However, neither is directly regulated by the MAS, so Singapore traders must consider the regulatory implications. This comparison breaks down costs, platforms, and local payment methods to help you decide which broker aligns with your trading goals.
| Instrument | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | VT Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | VT Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | VT Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | VT Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $50 | EasyMarkets |
For Singapore traders, trading costs differ significantly between EasyMarkets and VT Markets. EasyMarkets uses fixed spreads, which for EUR/USD average around 1.0 pip, with no commission on standard accounts. This is ideal for traders who dislike variable costs, especially during volatile Asian sessions. VT Markets offers raw spreads from 0.0 pips on its ECN account, but charges a commission of $3 per lot per side. For high-volume traders in Singapore processing 10+ lots monthly, VT Markets can be 30-40% cheaper due to lower spreads. However, for smaller trades, EasyMarkets' fixed spreads provide cost certainty. Both brokers have no hidden fees for SGD accounts, but check for inactivity charges.
| Account Type | EasyMarkets | VT Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $50 |
| Entity / Asset | EasyMarkets | VT Markets |
|---|---|---|
| Singapore (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | VT Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | VT Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, the platforms preferred by sophisticated Singapore traders for their advanced charting and automated trading capabilities. EasyMarkets also provides its proprietary web-based platform with features like dealCancellation and free guaranteed stop-loss, which are unique in the market. VT Markets adds cTrader for ECN account holders, giving access to depth of market and faster execution. For Singapore traders who need mobile trading on the go, both have fully functional apps. EasyMarkets' proprietary platform is better for beginners, while VT Markets' cTrader suits scalpers and algorithmic traders.
| Factor | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | VT Markets |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality is critical for Singapore traders in a fast-moving market. EasyMarkets uses a market maker model with fixed spreads and no requotes, but slippage can occur during news events. VT Markets offers ECN execution with direct market access, resulting in faster fills and lower latency, especially important for scalpers. VT Markets reports average execution speeds of 30ms, while EasyMarkets is around 100ms. For sophisticated investors trading during Asian hours, VT Markets' execution is superior, but EasyMarkets' guaranteed stop-loss provides safety in volatile conditions.
| Safety Factor | EasyMarkets | VT Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Singapore traders, given the MAS's strict oversight of local brokers. Neither EasyMarkets nor VT Markets holds a MAS license. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while VT Markets is regulated by FSCA (South Africa) and CIMA (Cayman Islands). This means Singapore traders do not have MAS investor protection, such as the SDIC scheme. However, both brokers offer negative balance protection and segregate client funds. EasyMarkets' ASIC regulation provides a stronger safety net, while VT Markets' offshore structure may offer higher leverage. Singapore traders should weigh the lack of local regulation against the brokers' features and decide based on their risk tolerance.
| Payment Method | EasyMarkets | VT Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | Internal/E-Wallet: 20–30 minutes up to 1 business day.Bank Cards (Credit/Debit): 1 to 3 business days.Bank Wire/International Transfer: 3 to 5 business days (can extend up to 7 business days depending on intermediary banks). |
Singapore traders can deposit and withdraw using PayNow, Bank Transfer, and Credit Card at both EasyMarkets and VT Markets. EasyMarkets requires a minimum deposit of $100 SGD equivalent, while VT Markets starts at $50 SGD. Both process deposits instantly and charge no fees for these methods. Withdrawals are handled within 1-2 business days, with EasyMarkets offering slightly faster processing for PayNow. Bank transfers may take 2-3 days for SGD accounts. Credit card withdrawals are limited to the original deposit amount at both brokers. For high-volume traders, VT Markets supports multiple base currencies including SGD, reducing conversion costs. Always verify the payment method availability with your account type, as some promotions may have restrictions.
| Islamic Account Feature | EasyMarkets | VT Markets |
|---|---|---|
| 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 EasyMarkets and VT Markets offer Islamic (swap-free) accounts for Singapore Muslim traders who require Sharia-compliant trading. EasyMarkets provides swap-free accounts on request for all account types, with no additional fees or time limits. VT Markets offers Islamic accounts on standard and ECN accounts, but may apply a small admin fee after holding positions for more than 7 days. Singapore traders should confirm the terms with both brokers, as EasyMarkets' policy is more straightforward. Neither broker charges overnight interest on these accounts, making them suitable for long-term position traders. Both require a declaration of faith to qualify.
| Support Feature | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support for Singapore traders is available 24/5 from both brokers. EasyMarkets offers live chat, email, and phone support with English-speaking agents, and has a Singapore-friendly response time of under 2 minutes. VT Markets provides similar channels but also includes a local Singapore phone number for direct assistance. Both have comprehensive FAQ sections covering deposit methods like PayNow and Bank Transfer. VT Markets edges ahead with a dedicated account manager for VIP traders, while EasyMarkets focuses on responsive general support.
| Mobile Feature | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose VT Markets if you...
For Singapore traders in 2025, the choice between EasyMarkets and VT Markets hinges on your trading style. EasyMarkets (3.4/5) suits those who prioritize risk management and fixed costs, with tools like guaranteed stop-loss and dealCancellation that are rare in the industry. Its support for PayNow, Bank Transfer, and Credit Card makes deposits seamless, but its market maker model may lead to slippage. VT Markets (3.3/5) appeals to cost-conscious, high-volume traders with its raw spreads and ECN execution, ideal for the fast-paced Singapore financial hub. However, the lack of MAS regulation means both require due diligence. If you value predictability and safety, go with EasyMarkets. If you chase low costs and speed, VT Markets is the better fit. Test both with small deposits to see which aligns with your local trading needs.