Forex.com vs EasyMarkets: Which Broker Suits Singapore Traders in 2026?

When comparing trading costs for Singapore traders, Forex.com offers raw spreads from 0.0 pips on major pairs like EUR/USD, but charges a commission of $5 per lot round-turn. EasyMarkets provides fixed spreads (e.g., 1.2 pips on EUR/USD) with no commission, making it simpler for smaller traders. For high-volume traders in Singapore, Forex.com’s raw spreads can be more cost-effective, especially when trading large sizes. However, EasyMarkets’ fixed spreads protect against slippage during volatile news events, a feature valued by traders who prioritise cost certainty. Consider your average trade size and frequency when choosing.

Forex.com provides advanced platforms including TradingView, MetaTrader 4/5, and its proprietary Web Trader, all accessible on desktop and mobile. This suits sophisticated Singapore traders who need custom indicators, algorithmic trading, and deep charting. EasyMarkets offers its proprietary web-based platform and a mobile app, known for simplicity and built-in risk tools like free guaranteed stop-loss and deal cancellation. For traders in Singapore who value ease of use and risk management over complex customisation, EasyMarkets is attractive. Both platforms are stable and optimised for Asian trading hours.

Forex.com boasts ultra-fast execution with access to deep liquidity pools, ideal for high-frequency and algorithmic traders in Singapore. It uses No Dealing Desk (NDD) execution, ensuring no re-quotes. EasyMarkets offers instant execution with its proprietary platform, but may experience slippage during volatile markets. For Singapore traders who prioritise speed and reliability, Forex.com’s execution is superior. EasyMarkets compensates with its free guaranteed stop-loss feature, which prevents slippage on stop orders.

Forex.com operates under GAIN Global Markets, regulated by the Cayman Islands Monetary Authority (CIMA), and is not directly licensed by MAS. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). Neither broker holds a Singapore MAS license, meaning they are not subject to MAS’s leverage restrictions (maximum 1:20 for retail). This allows them to offer higher leverage (up to 1:500) to Singapore traders, but also means no MAS investor protection. Traders should weigh the benefits of higher leverage against reduced regulatory safeguards.

Both brokers support the most common payment methods for Singapore traders. You can deposit via PayNow, Bank Transfer, and Credit Card (Visa/Mastercard). Forex.com also supports e-wallets like Skrill and Neteller. PayNow deposits are instant and fee-free, while bank transfers may take 1-2 business days. Withdrawals are processed within 1-3 business days for both brokers, with bank transfers being the most common method. EasyMarkets does not charge withdrawal fees, but Forex.com may charge a small fee for certain methods. Always check the latest terms on each broker’s website, as policies can change. For Singapore traders, PayNow is the most convenient option for quick funding.

Both Forex.com and EasyMarkets offer Islamic (swap-free) accounts for Muslim traders in Singapore. These accounts comply with Sharia law by not charging or paying overnight interest (swap) on positions held beyond the daily rollover. Forex.com provides swap-free accounts on its standard and raw spread accounts, while EasyMarkets offers them on its standard account. To open an Islamic account, you must request it during registration and provide a declaration of faith. Both brokers maintain these accounts for an indefinite period, though some conditions may apply for long-term holding. This ensures Singapore Muslim traders can trade ethically without interest-related charges.

Forex.com offers 24/5 customer support via live chat, email, and phone, with dedicated support for Asia-Pacific clients during local business hours. EasyMarkets provides 24/5 live chat, email, and phone support, including a Singapore-based phone number. Both brokers respond promptly, but Forex.com’s support is more comprehensive for technical issues related to advanced platforms. For Singapore traders, EasyMarkets’ localised support may be more accessible for account and deposit queries.