What is the best broker for perpetual CFDs?
Verdict
- Pepperstone is our pick and, in our data, the only broker publishing perpetual CFDs: no expiry, funding set weekly in advance and charged daily, and 24/7 trading on TradingView, MT5, cTrader and its own app.
- For Singapore residents, the retail margin table of Pepperstone's Bahamas entity lists five perpetuals: GOLD-PERP, NAS100-PERP, US500-PERP, WTOIL-PERP and BRENTOIL-PERP.
- Single-stock perpetuals such as NVDA, TSLA or MSTR are in Pepperstone's group-wide list, but we could not confirm them for Singapore retail clients.
- Singapore clients deal with Pepperstone Markets Limited (SCB SIA-F217), which has no MAS licence; in the UK the same product is for professional clients only.
Perpetual CFDs are new enough that the choice of broker is short. Here is why Pepperstone is the one to use, exactly which perpetuals a Singapore retail account can open, and the costs to check before you hold one.
Why Pepperstone comes first for perpetuals
Pepperstone launched perpetual CFDs in 2026 and publishes how they work: no expiry date, a funding rate fixed a week ahead and applied each day at 5 pm New York time, trading around the clock, and no crypto wallet or exchange account needed. They run on the same platforms as your other Pepperstone trades, so gold, the Nasdaq 100 or oil perpetuals sit in one account next to FX and share CFDs. Its Australian pricing page also publishes the commission: 0.015% per side on most perpetuals, 0.03% on gold and MSTR, with no minimum.
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What Singapore retail clients can trade
| Perpetual | On the Bahamas retail margin table | In the group-wide list |
|---|---|---|
| Gold | Yes | Yes |
| NAS100 and US500 indices | Yes | Yes |
| WTI and Brent crude | Yes | Yes |
| Single stocks (NVDA, TSLA, GOOG, AMD and others) | Not listed | Yes |
| Unitree (Chinese robotics) | Not listed | Yes; pro-only in the UK |
Costs to check before you hold a perpetual
- Commission: 0.015% per side means US$1.50 each way on a US$10,000 NAS100-PERP position, or US$3 a round trip (Australian schedule; confirm the international one).
- Funding: one charge a day at 5 pm New York, which is 5 am or 6 am the next morning in Singapore depending on US daylight saving.
- Spread: quoted live on the platform; compare it with the ordinary cash CFD on the same market.
- Leverage and margin: the Bahamas table sets tiered margins per perpetual, so check the tier for your size.
Is there an alternative?
Not a like-for-like one in our data. XS and the MAS-licensed CFD firms we track publish no perpetual CFDs, and Capital.com does not accept Singapore residents. If you want exchange-traded perpetual exposure, that is a different product with different counterparties, outside the scope of this comparison.
Sources
Product terms as Pepperstone publishes them.
Are perpetual CFDs the same as crypto perpetual futures?
No. Pepperstone's perpetuals are CFDs on gold, indices, oil and shares, traded in your normal account without a crypto wallet.
Can I trade perpetuals on TradingView?
Yes. Pepperstone lists TradingView, MT5, cTrader and its own app for perpetual CFDs.
Does Pepperstone hold a MAS licence for perpetuals?
No. Pepperstone has no MAS licence; Singapore residents trade perpetuals, like everything else, through the Bahamas entity.
Perpetual CFDs are leveraged derivatives that trade around the clock, so prices can move against you at any hour. Pepperstone's international site states that 80% of retail investor accounts lose money with this provider. Not investment advice.