Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Singapore traders seeking a reliable forex broker in 2025 will find InvestoPro and Libertex among the top contenders. Both brokers cater to sophisticated investors in Singapore's financial hub, offering competitive trading conditions and support for local payment methods like PayNow, bank transfer, and credit cards. InvestoPro scores 3.8/5, praised for its tight spreads and advanced trading tools, while Libertex scores 3.7/5, known for its user-friendly platform and diverse asset selection. This comparison breaks down their fees, regulation, and platform features specifically for Singapore traders. Whether you prioritize low costs or a wide product range, understanding these differences will help you choose the broker that aligns with your trading goals. Both brokers operate under offshore licenses, so Singapore traders should consider the lack of direct MAS regulation when making their decision.
| Instrument | InvestoPro | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $10 | InvestoPro |
For Singapore traders, trading costs are a key differentiator. InvestoPro offers spreads from 0.1 pips on its ECN accounts for major pairs like EUR/USD and USD/SGD, with a commission of $7 per lot. Libertex, on the other hand, has spreads averaging 0.5 pips with no commission on its standard accounts. Over 100 trades per month, InvestoPro can save a trader approximately 30% in costs due to tighter spreads. However, Libertex's fixed spreads may appeal to traders who prefer predictable costs. For high-volume traders in Singapore, InvestoPro is more cost-effective overall.
| Account Type | InvestoPro | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $10 |
| Entity / Asset | InvestoPro | Libertex |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:999 |
| Forex major pairs | 1:500 | 1:999 |
| 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 | Libertex | 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 | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | InvestoPro | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
InvestoPro provides the popular MetaTrader 4 and 5 platforms, ideal for Singapore traders who rely on advanced charting, automated trading, and custom indicators. Libertex offers its proprietary web and mobile platforms, which are more intuitive for beginners but lack the depth of MT4/5. For sophisticated investors in Singapore, InvestoPro's platform options are superior, while Libertex's platform is better suited for casual traders. Both brokers support mobile trading for on-the-go access.
| Factor | InvestoPro | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 |
InvestoPro uses ECN/STP execution with no dealing desk, offering fast order processing and minimal slippage. Libertex also uses STP execution but may experience slight delays during volatile markets. For Singapore traders trading during peak Asian hours, InvestoPro's execution is more consistent and faster, which is critical for scalping and high-frequency strategies.
| Safety Factor | InvestoPro | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✗ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither InvestoPro nor Libertex is regulated by the Monetary Authority of Singapore (MAS). InvestoPro is licensed by the Cyprus Securities and Exchange Commission (CySEC), while Libertex is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines. For Singapore traders, this means no MAS investor protection, such as the SDIC insurance scheme. However, both brokers adhere to EU-level client fund segregation and negative balance protection. Traders should weigh the lack of local regulation against the brokers' global reputations.
| Payment Method | InvestoPro | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | 5 business days |
Both InvestoPro and Libertex offer seamless deposit and withdrawal options for Singapore traders. You can fund your account using PayNow, bank transfer (DBS, OCBC, UOB), or credit/debit cards (Visa, Mastercard). InvestoPro processes deposits instantly with no fees, while Libertex also offers fee-free deposits. Withdrawals are processed within 1-2 business days for both brokers, though InvestoPro may charge a small fee for bank transfers. For Singapore traders, PayNow is the fastest method, with funds credited within minutes.
| Islamic Account Feature | InvestoPro | Libertex |
|---|---|---|
| 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 can open Islamic (swap-free) accounts with both InvestoPro and Libertex. InvestoPro offers swap-free accounts on all account types without any additional fees, making it a straightforward option. Libertex provides Islamic accounts upon request, and they are available for most account types. Both brokers comply with Sharia law by not charging or paying overnight interest. For Singapore-based Muslim traders, InvestoPro's automatic availability is a slight advantage.
| Support Feature | InvestoPro | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
InvestoPro offers 24/5 multilingual customer support via live chat, email, and phone, with dedicated account managers for VIP clients. Libertex provides 24/7 support through live chat and email, but phone support is limited. For Singapore traders, both brokers respond within minutes via live chat, though InvestoPro's phone support is more reliable during Asian trading hours.
| Mobile Feature | InvestoPro | Libertex | 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 | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | ✗ | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose Libertex if you...
For Singapore traders, the choice between InvestoPro and Libertex ultimately depends on your trading style. InvestoPro wins on cost efficiency, with tighter spreads and lower commissions, making it ideal for active and professional traders. Libertex offers a more beginner-friendly experience and a broader product range. Both brokers support local payments like PayNow, bank transfer, and credit cards, and neither is regulated by MAS. If you prioritize low costs and advanced tools, choose InvestoPro. If you value simplicity and variety, Libertex is a solid alternative. Consider your trading volume and preferred assets before deciding.