FxPro vs Libertex for Singapore Traders (2026)

For Singapore traders, trading costs directly affect profitability. FxPro’s Raw Spread account offers spreads from 0.0 pips with a $3.5 commission per lot, ideal for high-volume traders. Its Standard account has spreads from 1.2 pips with no commission. Libertex’s standard account has spreads from 1.5 pips on EUR/USD with no commission, but its tightest spreads require higher tier accounts. Over 100 lots per month, FxPro saves roughly 0.3 pips per trade compared to Libertex, a meaningful advantage for active Singapore traders.

Singapore traders often rely on advanced charting and automation. FxPro offers MetaTrader 4, MetaTrader 5, and cTrader—all industry standards with Expert Advisors (EAs) and custom indicators. Libertex uses its own proprietary platform, which is intuitive for beginners but lacks algorithmic trading support. For sophisticated Singapore investors who use EAs or need advanced order types, FxPro is the clear choice. Libertex’s platform is better for manual traders who value simplicity and mobile trading.

FxPro uses No Dealing Desk (NDD) execution with ultra-low latency, averaging 13ms order execution. Libertex also uses NDD execution but with slightly higher latency (around 20ms). For high-frequency traders in Singapore, FxPro’s faster execution reduces slippage during volatile markets. Both brokers offer negative balance protection.

Both brokers are regulated by top-tier authorities, but their MAS status differs. FxPro is regulated by the FCA (UK), CySEC (Cyprus), and SCB (Bahamas), and its strong compliance record gives Singapore traders confidence. Libertex is regulated by CySEC and FSC (Belize). Neither is directly licensed by MAS, but both accept Singapore clients and adhere to international standards. For Singapore traders, FxPro’s FCA regulation offers additional investor protection, including negative balance protection and compensation schemes.

Singapore traders can fund both FxPro and Libertex using SGD via PayNow, Bank Transfer, and Credit Card. FxPro also supports Skrill and Neteller, while Libertex adds PayPal and UnionPay. Minimum deposits: FxPro requires $100 (SGD equivalent), Libertex starts at $50. PayNow deposits are instant and free for both brokers. Bank Transfer withdrawals take 1-3 business days, while Credit Card withdrawals are processed within 24 hours. FxPro charges no withdrawal fees, but Libertex may apply a small fee for bank transfers. Both brokers process withdrawals within 24 hours on business days.

Muslim Singapore traders can use swap-free Islamic accounts at both brokers. FxPro offers Islamic accounts on all account types (Standard, Raw, and VIP) with no swap charges on overnight positions. Libertex provides Islamic accounts upon request, but only on its standard account tier. Neither broker charges administrative fees for these accounts. FxPro’s Islamic account availability across all platforms (MT4, MT5, cTrader) gives it an edge for Muslim traders who need advanced tools.

FxPro offers 24/5 multilingual support via live chat, email, and phone, with a dedicated Singapore contact number. Libertex provides 24/5 support in English and Chinese via live chat and email, but phone support is limited. FxPro’s response time is faster (under 2 minutes on chat), while Libertex may take 5-10 minutes. Both brokers have comprehensive FAQ sections on their websites.