Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
In the competitive landscape of forex trading in Singapore, choosing between Hantec Markets and InvestoPro requires careful consideration of your specific needs as a sophisticated investor in a financial hub. Hantec Markets, established in 1990 with a strong presence in Asia, holds a Capital Markets Services License from the Monetary Authority of Singapore (MAS), providing a layer of regulatory comfort that many local traders value. InvestoPro, a newer entrant founded in 2019, has quickly gained traction among Singapore traders with its competitive pricing and modern trading infrastructure. Both brokers accept Singapore dollar (SGD) deposits and support local payment methods like PayNow, Bank Transfer, and Credit Card, making them accessible for local traders. This comparison dives deep into trading costs, platform features, regulation, and customer support to help you decide which broker aligns with your trading style in Singapore’s dynamic forex market.
| Instrument | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $0 | InvestoPro |
For Singapore traders, trading costs can significantly impact profitability, especially for high-frequency or high-volume strategies. InvestoPro offers tighter spreads on major forex pairs, with EUR/USD spreads starting from 0.1 pips on its Pro account, compared to Hantec Markets’ average of 0.3-0.5 pips. On USD/SGD, a popular pair for local traders, InvestoPro’s spreads are typically 0.2-0.4 pips narrower. Hantec Markets charges a commission of $3 per lot on its ECN account, while InvestoPro’s commission is slightly lower at $2.5 per lot. Over 100 trades per month, InvestoPro can save a Singapore trader around $50-80 in costs, making it more cost-effective for active traders.
| Account Type | Hantec Markets | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $10 | $0 |
| Entity / Asset | Hantec Markets | InvestoPro |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Hantec Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Hantec Markets |
| Crypto CFDs | ✗ | 20+ | Hantec Markets |
| Stocks / Share CFDs | 1,000+ | ✗ | InvestoPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | Hantec Markets | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers cater to sophisticated Singapore traders with robust trading platforms. Hantec Markets offers MetaTrader 4 (MT4) and its proprietary Hantec Trader platform, both optimized for low latency and fast execution. InvestoPro provides MT4 and MT5, along with a web-based platform that supports advanced charting tools and algorithmic trading. For Singapore traders who rely on automated strategies, InvestoPro’s support for Expert Advisors (EAs) on MT5 is a key advantage. Hantec Markets’ platforms are reliable but lack the depth of customization found in InvestoPro’s offering, particularly for traders using complex technical indicators.
| Factor | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| Avg execution speed | ~30ms | ~40ms | Hantec Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality directly impacts trading outcomes for Singapore traders. Hantec Markets uses a No Dealing Desk (NDD) model with execution speeds averaging 30 milliseconds, ensuring minimal slippage on major pairs. InvestoPro employs an Electronic Communication Network (ECN) model, offering execution speeds of 20 milliseconds and deeper liquidity from multiple banks. For scalpers and day traders in Singapore, InvestoPro’s faster execution and tighter spreads provide a competitive edge. However, Hantec Markets’ execution is more consistent during high-volatility news events, reducing the risk of requotes.
| Safety Factor | Hantec Markets | InvestoPro |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a critical factor for Singapore traders, and both brokers operate under MAS oversight. Hantec Markets holds a Capital Markets Services License (CMS100182) from MAS, with a track record of compliance since 2010. InvestoPro is regulated by the Financial Services Authority (FSA) in St. Vincent and the Grenadines, but also maintains a representative office in Singapore registered with MAS. While Hantec Markets offers direct MAS regulation, InvestoPro’s local presence ensures adherence to Singapore’s financial standards. For traders prioritizing regulatory certainty, Hantec Markets’ MAS license provides stronger protection under the Securities and Futures Act.
| Payment Method | Hantec Markets | InvestoPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days | Card/e-wallet fast; bank transfer 1-3 days |
Depositing and withdrawing funds is seamless for Singapore traders with both brokers. Hantec Markets supports PayNow, Bank Transfer, and Credit Card deposits, with a minimum deposit of $100 SGD. PayNow transactions are processed within 1-2 hours, while bank transfers take 1-3 business days. InvestoPro also accepts these methods, with a minimum deposit of $200 SGD, and offers instant credit card deposits. Withdrawals are free for both brokers via PayNow, with Hantec Markets processing within 24 hours and InvestoPro within 48 hours. For larger withdrawals, bank transfers are available with no fees for Hantec Markets, while InvestoPro charges a $10 fee for amounts under $500 SGD.
| Islamic Account Feature | Hantec Markets | InvestoPro |
|---|---|---|
| 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 Sharia-compliant accounts will find options at both brokers. Hantec Markets offers Islamic accounts upon request, with no swap charges on overnight positions, but requires a minimum deposit of $500 SGD and approval after account review. InvestoPro provides Islamic accounts automatically on its Standard and Pro account types, with no additional requirements. Both brokers ensure no interest (riba) is charged, aligning with Islamic finance principles. For Singapore Muslim traders, InvestoPro’s automatic provision is more convenient, while Hantec Markets’ manual process may suit those who prefer a more personalized approach.
| Support Feature | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Hantec Markets |
Customer support is crucial for Singapore traders, especially during volatile market hours. Hantec Markets offers 24/5 support via live chat, email, and phone, with a dedicated Singapore-based team that responds in English and Mandarin. InvestoPro provides 24/7 support through live chat and email, but its phone support is limited to business hours. Response times average 2 minutes for Hantec Markets and 5 minutes for InvestoPro. For complex queries, Hantec Markets’ local team offers more personalized assistance, while InvestoPro’s chatbot handles basic issues efficiently.
| Mobile Feature | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Hantec Markets |
| Google Play rating | 4.3 stars | 4.2 stars | Hantec Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Hantec Markets | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Hantec Markets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | Hantec Markets |
Choose Hantec Markets if you...
Choose InvestoPro if you...
For Singapore traders, the choice between Hantec Markets and InvestoPro hinges on your priorities. Hantec Markets’ direct MAS regulation and local support make it a safe choice for conservative traders who value regulatory protection and personalized service. Its lower minimum deposit of $100 SGD and consistent execution during news events appeal to beginners and risk-averse investors. On the other hand, InvestoPro’s tighter spreads, faster execution, and advanced MT5 platform cater to active, cost-conscious traders who prioritize performance. Both brokers support PayNow, Bank Transfer, and Credit Card deposits, making them accessible to Singapore traders. Ultimately, InvestoPro’s higher score (3.8 vs 3.6) and lower trading costs give it an edge for sophisticated investors, but Hantec Markets remains a strong contender for those valuing MAS oversight. Test both with small deposits to see which aligns with your trading style.