Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Singapore traders looking for a reliable forex broker often compare Exness vs AvaTrade, two globally recognized platforms with strong local presence. Exness, scoring 4.8/5, is known for its ultra-low spreads, high leverage, and fast execution, making it a top choice for sophisticated investors in Singapore's competitive financial hub. AvaTrade, scoring 4.6/5, offers a broader range of trading platforms, including MetaTrader 4/5 and its proprietary WebTrader, along with fixed spreads and extensive educational resources. Both brokers are regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with local laws and fund safety. Singapore traders benefit from local payment methods like PayNow, Bank Transfer, and Credit Card, making deposits and withdrawals seamless. Whether you trade forex, indices, or commodities, this comparison helps you decide which broker aligns with your trading style and local needs.
| Instrument | Exness | AvaTrade | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | AvaTrade |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | AvaTrade |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | AvaTrade |
| Standard acc spread | from 1.0 pips | from 0.8 pips | AvaTrade |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For Singapore traders, trading costs are a key differentiator between Exness and AvaTrade. Exness offers variable spreads starting from 0.0 pips on its Raw Spread account, with a commission of $3 per lot per side. This is ideal for high-volume traders in Singapore who scalp or trade frequently. AvaTrade provides fixed spreads, typically higher but predictable, with no commission on standard accounts. For example, EUR/USD spreads on Exness average 0.1 pips, while AvaTrade's fixed spread is around 1.0 pips. Over 100 lots, Exness can save Singapore traders hundreds of dollars in spreads, especially during volatile Asian sessions.
| Account Type | Exness | AvaTrade |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $100 | $100 |
| Entity / Asset | Exness | AvaTrade |
|---|---|---|
| Singapore (offshore) | Up to 1:2000 | Up to 1:400 |
| Forex major pairs | 1:2000 | 1:400 |
| 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 | Exness | AvaTrade | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | AvaTrade |
| ETFs | ✗ | ✓ | Tie |
| Platform | Exness | AvaTrade |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Exness supports MetaTrader 4 and MetaTrader 5, along with its own WebTerminal, catering to Singapore traders who prefer advanced charting and automated trading. AvaTrade offers a wider selection, including MT4, MT5, AvaTradeGO (mobile app), and WebTrader, plus social trading platforms like DupliTrade and ZuluTrade. For Singapore traders who value copy trading or mobile trading, AvaTrade has the edge. Exness, however, provides faster execution speeds, which is critical for scalpers in Singapore's fast-paced market.
| Factor | Exness | AvaTrade | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | AvaTrade |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Exness is known for its ultra-fast execution, with order processing in under 0.1 seconds and no requotes, making it ideal for Singapore scalpers and algorithmic traders. AvaTrade offers reliable execution but may experience slippage during high volatility. For Singapore traders who prioritize speed and precision, Exness has a clear advantage.
| Safety Factor | Exness | AvaTrade |
|---|---|---|
| Primary regulator | FCA | CBI |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Exness and AvaTrade are regulated by the Monetary Authority of Singapore (MAS), giving Singapore traders peace of mind. MAS regulation ensures strict adherence to capital adequacy, client fund segregation, and transparent operations. Exness is also regulated by the FCA and CySEC, while AvaTrade is regulated by the Central Bank of Ireland, ASIC, and FSA. For Singapore traders, MAS oversight means your funds are held in segregated accounts with local banks, and both brokers comply with Singapore's financial laws, including anti-money laundering measures.
| Payment Method | Exness | AvaTrade |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days |
Singapore traders can fund their accounts using PayNow, Bank Transfer, and Credit Card at both Exness and AvaTrade. Exness supports PayNow for instant SGD deposits with no fees, and Bank Transfers are free for amounts above $500 SGD. Withdrawals are processed within 24 hours, and PayNow withdrawals are instant. AvaTrade also accepts PayNow, Bank Transfer, and Credit Card, but Bank Transfer withdrawals may take 1-2 business days. Credit Card deposits are instant at both, but Exness has no deposit fees, while AvaTrade may charge a small fee for some methods. Both brokers allow SGD deposits, avoiding currency conversion costs for Singapore traders.
| Islamic Account Feature | Exness | AvaTrade |
|---|---|---|
| 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 Exness and AvaTrade offer Islamic accounts (swap-free) for Muslim traders in Singapore. Exness provides Islamic accounts on all account types with no swap fees on overnight positions, and no additional administrative charges. AvaTrade also offers Islamic accounts with no swap fees, but some instruments like commodities or indices may incur a small administrative fee. For Singapore Muslim traders, Exness is more transparent with no hidden costs, while AvaTrade's Islamic account is still Sharia-compliant but may have minor fees on certain products.
| Support Feature | Exness | AvaTrade | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Singapore traders. AvaTrade provides 24/5 support in multiple languages, including English and Chinese, via live chat, phone, and email. For Singapore traders, Exness's 24/7 support is advantageous during weekend trading or late-night sessions, while AvaTrade's support is reliable during Asian market hours.
| Mobile Feature | Exness | AvaTrade | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Exness |
| Google Play rating | 4.3 stars | 4.2 stars | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Exness | AvaTrade | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
Choose Exness if you...
Choose AvaTrade if you...
For Singapore traders, the choice between Exness and AvaTrade depends on your trading style. Exness wins for sophisticated investors with its ultra-low spreads, fast execution, and 24/7 support, plus local payment methods like PayNow and Bank Transfer. AvaTrade is ideal for those who value platform diversity, fixed spreads, and educational resources. Both brokers are MAS-regulated, ensuring fund safety. If you trade frequently and seek cost efficiency, Exness is the better pick. If you prefer a comprehensive platform with social trading features, AvaTrade suits you. Consider your volume, strategy, and need for Sharia-compliant accounts when deciding.