What is the best CFD trading app for Singapore traders?
Verdict
- Pepperstone's app is our pick for Singapore traders: one login gives the Pepperstone app plus cTrader, MT4, MT5 and, on Razor, TradingView, on the same account and prices.
- The account behind the app covers 24/7 crypto CFDs and 24/5 US share CFDs, and opens from USD 10 or the local equivalent.
- Pepperstone's international entity, Pepperstone Markets Limited (SCB Bahamas, SIA-F217), has no MAS licence; eToro, IG and Plus500 offer apps through MAS-licensed Singapore companies.
- XS, which accepts Singapore residents, has its own XS Trading App alongside MT4 and MT5.
A trading app is only as good as the account behind it. Pepperstone's case is that you are not locked into one app: the same account runs on its own app and on several third-party platforms, at the same published costs.
Why we choose the Pepperstone app
- One account, several apps: Pepperstone's web platform and app, MT4, MT5 and cTrader on Standard; Razor adds TradingView.
- Copy trading on the move: the international site offers the CopyTrading by Pepperstone app, which Pepperstone says lists more than 9,000 vetted traders.
- Markets outside Asian hours: more than 100 US share CFDs trade 24/5, and crypto and perpetual CFDs trade 24/7.
- Costs as on desktop: 0.1 pips average on EUR/USD Razor plus commission, 1.1 pips on Standard.
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CFD apps available to Singapore residents
| Broker | Apps | Regulator for Singapore clients |
|---|---|---|
| Pepperstone | Pepperstone app, cTrader, MT4, MT5, TradingView | SCB Bahamas (no MAS licence) |
| XS | XS Trading App, MT4, MT5 | No MAS licence in its list |
| eToro | eToro mobile app | MAS (CMS101824) |
| IG | IG web platform and app | MAS (IG Asia Pte Ltd) |
| Plus500 | Plus500 app and web platform | MAS (CMS100648) |
| Phillip Securities | POEMS Mobile 3, Phillip MT5, Phillip Nova | MAS |
What to test in any CFD app before funding
- Place a market and a pending order and check how clearly the app shows margin used.
- Set a stop-loss on a position and confirm it appears on desktop too.
- Find the swap and contract details for an instrument without leaving the app.
- Run a small deposit and withdrawal from your phone.
Apps that aren't a fit here
Tiger Brokers' app is MAS-licensed but its Singapore offer has no CFDs; FX exposure there is through CME futures. Capital.com has an app, but it does not accept Singapore residents. On Pepperstone, an app trade carries the same risk as any CFD: the international entity says 80% of retail accounts lose money.
Sources
App and platform pages.
Is the Pepperstone app free?
Our data shows no app fee; you pay the account's spread and commission on trades.
Can I use TradingView on my phone with Pepperstone?
TradingView is a supported platform on the Razor account, so you can trade that account from TradingView's interface; check TradingView's own app for mobile features.
Which CFD app is MAS-regulated?
In our data, eToro, IG, Plus500 and Phillip Securities offer apps through MAS-licensed Singapore companies. Pepperstone's and XS's are not.
Trading CFDs on a phone is as risky as on a desktop: they are complex, leveraged products and you can lose money rapidly. This page is not investment advice.