Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Singapore traders in one of the world's most advanced financial hubs demand brokers that combine low costs, robust regulation, and local payment convenience. FxPro and Capital.com are two international brokers that serve Singapore residents, but they cater to different trader profiles. FxPro, with a higher CompareBroker score of 4.1/5, is a well-established broker founded in 2006, offering MT4, MT5, and cTrader platforms, plus tight spreads from 0.6 pips on major pairs. Capital.com, scoring 3.8/5, is a newer broker founded in 2016, focusing on a proprietary web platform and AI-driven tools. Both are regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with local leverage limits (up to 20:1 for retail) and client fund segregation. For sophisticated Singapore traders who need fast execution, deep liquidity, and local deposit methods like PayNow, bank transfer, and credit card, this comparison breaks down which broker fits your trading style.
| Instrument | FxPro | Capital.com | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Capital.com |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Capital.com |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Capital.com |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Capital.com |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $20 | FxPro |
For Singapore traders, trading costs directly impact profitability. FxPro offers lower average spreads: EUR/USD from 0.6 pips on its Raw+ account (with $6 per lot commission) and 1.2 pips on the Standard account. Capital.com's spreads start from 0.8 pips on major pairs but widen to 1.5 pips on the standard account. On a typical 10-lot monthly volume, FxPro's Raw+ account saves about SGD 30-50 compared to Capital.com. Both brokers charge no deposit or withdrawal fees for SGD transactions via PayNow, bank transfer, or credit card. For high-frequency traders, FxPro's commission-based model is more cost-effective.
| Account Type | FxPro | Capital.com |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $20 |
| Entity / Asset | FxPro | Capital.com |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:200 |
| Forex major pairs | 1:500 | 1:200 |
| 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 | FxPro | Capital.com | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Capital.com |
| ETFs | ✗ | ✓ | Tie |
| Platform | FxPro | Capital.com |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Singapore traders who rely on advanced charting and algorithmic trading will prefer FxPro's multi-platform offering: MT4, MT5, and cTrader. These platforms support Expert Advisors (EAs) and custom indicators, essential for sophisticated strategies. Capital.com's proprietary web platform is sleek and user-friendly, with integrated news and AI sentiment analysis, but lacks MT4/MT5 support. For mobile trading, both offer iOS/Android apps with fast order entry. FxPro's platform variety gives it an edge for traders who need flexibility, while Capital.com suits beginners who prefer a simplified experience.
| Factor | FxPro | Capital.com | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Capital.com |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FxPro uses No Dealing Desk (NDD) execution with access to multiple liquidity providers, resulting in average execution speeds of under 30ms and minimal slippage during volatile news events. Capital.com also uses NDD execution but with fewer liquidity providers, leading to occasional requotes during high volatility. For Singapore traders trading during Asian session overlaps, FxPro's execution is more reliable, especially for scalping and high-frequency strategies.
| Safety Factor | FxPro | Capital.com |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FxPro and Capital.com hold licenses from the Monetary Authority of Singapore (MAS), which enforces strict client fund segregation, leverage caps (20:1 for retail), and regular audits. FxPro is also regulated by the FCA (UK) and CySEC, adding an extra layer of oversight. Capital.com is regulated by the FCA and ASIC as well. For Singapore traders, MAS regulation means your funds are held in segregated accounts with local banks, and you can file complaints with the Financial Industry Disputes Resolution Centre (FIDReC) if needed. Both brokers are considered safe for local traders.
| Payment Method | FxPro | Capital.com |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | 24 hours |
Singapore traders benefit from multiple SGD deposit methods at both brokers. FxPro supports PayNow (instant, free), bank transfer (1-2 business days, free), and credit card (instant, free for deposits). Minimum deposit is SGD 100. Capital.com also supports PayNow, bank transfer, and credit card, with a lower minimum of SGD 50. Withdrawals are free at both brokers, processed within 1 business day for PayNow and credit card, and 2-3 days for bank transfer. FxPro offers slightly faster withdrawal processing, especially for PayNow users. Both brokers do not charge currency conversion fees for SGD deposits.
| Islamic Account Feature | FxPro | Capital.com |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Muslim traders in Singapore seeking swap-free accounts can open Islamic accounts at both FxPro and Capital.com. FxPro offers Islamic accounts with no swap charges on overnight positions, requiring a declaration of faith and compliance with Sharia law. Capital.com also provides swap-free accounts upon request, but may apply an administrative fee after 30 days of holding positions. FxPro's Islamic account is more straightforward for long-term position traders, while Capital.com's policy suits shorter holding periods. Both brokers maintain the same spreads and execution quality for Islamic accounts.
| Support Feature | FxPro | Capital.com | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
FxPro offers 24/5 multilingual customer support via live chat, email, and phone, with a dedicated Singapore hotline (+65 3158 8388). Capital.com provides 24/7 live chat and email support, but no local phone number. FxPro's support team is more responsive for urgent trading issues, while Capital.com's chatbot can handle basic queries quickly. For sophisticated traders needing account assistance, FxPro's dedicated account managers for higher-volume clients add value.
| Mobile Feature | FxPro | Capital.com | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Capital.com | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Capital.com if you...
For sophisticated Singapore traders in a financial hub, FxPro is the stronger choice overall. Its higher score (4.1 vs 3.8), tighter spreads, multi-platform support (MT4/MT5/cTrader), and faster execution align with the needs of active traders. Both brokers are well-regulated by MAS and support local payment methods like PayNow, bank transfer, and credit card. However, if you are a beginner or prefer a streamlined, AI-powered platform with a lower deposit barrier, Capital.com is a viable alternative. For most Singapore traders seeking cost-efficiency and flexibility, FxPro wins this comparison.