ASIC, CySEC, DFSA +2 more
SGD Forex trading accounts
Di Singapore dollar (SGD) dey serve as di official money of di Republic of Singapore and e dey divided into 100 cents, just like USD. Di Monetary Authority of Singapore (MAS) dey responsible for issuing and controlling SGD banknotes and coins. Singapore get highly developed economy wey attract plenti traders and investors wey dey interested for dia money.
For traders wey dey based for Singapore, e get plenti Forex brokers wey dey offer SGD accounts wey dem regulate well. To make use of SGD as a currency for your trading account get plenti advantage for Singapore traders. One major benefit na say you no go pay currency conversion fees wey dey come up wen you dey use different currency for your trading account.
Below, we don carefully select list of di most reliable Forex brokers wey get Singapore dollar accounts.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.10
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
5.23
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSCA, VFSC
Platforms
MT4, MT5
4.15
MT4MT5cTraderCopy tradingECNHigh leveragePAMM
Regulations
ASIC, CySEC, FSCA
Platforms
MT4, MT5, Myfxbook AutoTrade +1 more
3.79
Di Singapore dollar (SGD) don dey pegged to different currencies for history sake, but since 1985, dem don adopt market-oriented exchange regime. Now, SGD dey operate on managed floating exchange system wey allow im value make e dey change within specified range wey Monetary Authority of Singapore (MAS) don determine.
For Singaporean traders, SGD fx trading account na di best selection as e dey reduce cost and e dey allow use of locally regulated brokers, based on di strict and reputable oversight of MAS as Forex regulator.
FX brokers wey dey offer accounts for Singapore dollars must follow di law and guidelines wey MAS don put, so as to provide secure trading environment and protect client funds. Although di leverage of 1:20 fit be seen as moderate, e still reasonable for advanced countries like Singapore.
In conclusion, wen you involve for Forex trading from Singapore, e dey highly recommendable say make you choose Forex brokers wey get SGD accounts to ensure safety and minimize trading costs.
