Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
For Singapore traders navigating the forex market in 2025, choosing between InvestoPro and Forex.com is a critical decision. Both brokers are regulated by the Monetary Authority of Singapore (MAS), ensuring a high level of protection for local traders. InvestoPro, with a score of 3.8/5, is tailored for sophisticated investors in Singapore’s financial hub, offering advanced trading tools and competitive pricing. Forex.com, scoring 3.4/5, is a global brand with a strong reputation but faces stiff competition in the local market. Singapore traders benefit from local payment methods like PayNow, Bank Transfer, and Credit Card deposits, making funding seamless. This comparison dives into spreads, platforms, regulation, and support to help you decide which broker aligns with your trading style and goals in Singapore.
| Instrument | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Forex.com |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Forex.com |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Forex.com |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Forex.com |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $100 | InvestoPro |
For Singapore traders, trading costs are a key factor, especially for those trading high volumes. InvestoPro offers raw spreads from 0.2 pips on its Razor account with a commission of SGD 7 per lot round turn, making it ideal for scalpers and day traders. Forex.com’s standard spreads start at 0.8 pips with no commission, but for active traders, this can be more expensive. On a typical EUR/USD trade of 10 lots per day, InvestoPro’s costs are about 30% lower than Forex.com’s. Additionally, InvestoPro’s spreads on USD/SGD are consistently tighter, benefiting Singapore traders who trade local pairs.
| Account Type | InvestoPro | Forex.com |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $100 |
| Entity / Asset | InvestoPro | Forex.com |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:50 |
| Forex major pairs | 1:500 | 1:50 |
| 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 | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | 20+ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | Forex.com |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | Forex.com |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Singapore traders demand reliable and fast trading platforms. InvestoPro offers MetaTrader 4, MetaTrader 5, and its proprietary web platform, all optimised for low latency and high-speed execution. Forex.com provides its own web platform, MT4, and TradingView integration. For local traders, InvestoPro’s platforms include advanced charting tools and one-click trading, essential for fast-moving markets like USD/SGD. Forex.com’s platforms are robust but lack the same level of customisation for Singapore-specific assets. Both brokers offer mobile apps with full functionality, but InvestoPro edges ahead for tech-savvy traders.
| Factor | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Forex.com |
| Avg execution speed | ~30ms | ~40ms | InvestoPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Execution quality is key for Singapore traders in fast-moving markets. InvestoPro uses Straight Through Processing (STP) with no dealing desk, offering average execution speeds of 30ms. Forex.com also uses STP but with occasional requotes during high volatility. For local pairs like USD/SGD, InvestoPro’s execution is consistently reliable, while Forex.com can experience slippage. For scalpers and algorithmic traders, InvestoPro’s low-latency infrastructure is superior.
| Safety Factor | InvestoPro | Forex.com |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is paramount for Singapore traders, and both brokers are MAS-compliant. InvestoPro holds a CMS licence from MAS, offering Segregated Client Accounts and access to the Singapore International Monetary Exchange (SIMEX) for hedging. Forex.com operates under a different MAS-regulated entity, but its local support is less comprehensive. For Singapore traders, MAS regulation means strict adherence to capital adequacy and client fund protection. InvestoPro’s direct MAS oversight provides extra peace of mind, especially for high-net-worth individuals. Both brokers are subject to regular audits, but InvestoPro’s local presence ensures faster dispute resolution.
| Payment Method | InvestoPro | Forex.com |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✗ |
| Neteller | ✗ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | 1 to 3 business days |
Singapore traders can fund their accounts using PayNow, Bank Transfer, or Credit Card with both brokers. InvestoPro supports instant PayNow deposits with no fees, and minimum deposit of SGD 100. Bank transfers are processed within 1 business day, and credit card deposits are free. Forex.com also accepts PayNow and bank transfers, but credit card deposits incur a 2% fee. Withdrawals at InvestoPro are processed within 24 hours via the same method, while Forex.com takes 1-3 business days. For active traders, InvestoPro’s faster processing and zero-fee PayNow deposits make it more convenient. Both brokers support SGD accounts, eliminating currency conversion costs.
| Islamic Account Feature | InvestoPro | Forex.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 |
For Singapore Muslim traders, both brokers offer Islamic (swap-free) accounts. InvestoPro provides Islamic accounts on all account types, including Razor and Standard, with no swap charges on any instrument. Forex.com offers Islamic accounts only on standard accounts, with a limited list of eligible instruments. Both require a signed declaration of faith. InvestoPro’s broader eligibility and zero swap on all pairs make it a better choice for Singapore Muslim traders who trade multiple instruments. Forex.com’s restrictions may limit trading flexibility for those requiring swap-free conditions on exotic pairs.
| Support Feature | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
Customer support is crucial for Singapore traders. InvestoPro offers 24/5 live chat and phone support in English, Mandarin, and Malay, with a local Singapore hotline. Forex.com provides 24/5 support in English only via live chat and email. InvestoPro’s multilingual support and faster response times (under 30 seconds) give it an edge for local traders. Forex.com’s support is adequate but lacks the localised touch that Singapore traders often appreciate.
| Mobile Feature | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | InvestoPro |
| Google Play rating | 4.3 stars | 4.2 stars | InvestoPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | InvestoPro | Forex.com | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose Forex.com if you...
For Singapore traders in 2025, InvestoPro is the stronger choice, scoring 3.8/5 vs Forex.com’s 3.4/5. Its MAS regulation, tighter spreads on local pairs like USD/SGD, and support for PayNow, Bank Transfer, and Credit Card deposits make it ideal for sophisticated investors in Singapore’s financial hub. Forex.com remains a viable option for beginners or those who prefer a global brand, but its higher costs and limited localisation hold it back. For active traders prioritising cost, speed, and local support, InvestoPro is the clear winner. Always consider your trading style and volume when making a final decision.