What is the best crypto trading platform in Singapore?
Verdict
- For trading crypto prices with leverage from Singapore, Pepperstone is our pick: its Bahamas entity's retail margin table lists 44 cryptocurrencies against the US dollar plus BTC and ETH crosses, with up to 1:20 on BTC/USD.
- A CFD platform is the wrong tool if you want to own coins: there is no Bitcoin to withdraw from a CFD account.
- Pepperstone holds no MAS licence; Singapore accounts are held by Pepperstone Markets Limited (SCB, SIA-F217). eToro's Singapore company does hold a MAS capital markets services licence.
- XS accepts Singapore residents and offers crypto pairs on MT4 and MT5.
'Best crypto platform' can mean two different things: somewhere to buy and hold coins, or somewhere to trade crypto prices, long or short, with leverage. This page is about the second, which is what a CFD broker offers, and it tells you when the first is the better fit.
Our pick for trading crypto prices: Pepperstone
Pepperstone suits a Singapore trader who wants crypto next to FX, gold and indices on established platforms. The retail margin table of its Bahamas entity, effective 19 September 2026, lists 44 coins quoted in US dollars, from BTC, ETH and SOL to DOGE, XRP and HBAR, plus BTC and ETH against the Australian dollar, euro and pound. Retail leverage on BTC/USD goes up to 1:20. Pepperstone's Australian spreads page shows no commission on crypto CFDs and a Razor average of 15.15 on BTC/USD. Razor accounts run on MT4, MT5, cTrader, TradingView and the Pepperstone app from a $10 minimum; check which crypto symbols your chosen platform carries.
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CFD platform or coin platform: which do you need?
| What you want | CFD broker (e.g. Pepperstone) | Provider selling the coin itself |
|---|---|---|
| Own and withdraw coins | No: you hold a contract on the price | Yes |
| Profit from a falling price | Yes, by selling short | Not just by buying the coin |
| Leverage | Up to 1:20 on BTC/USD (Pepperstone, Bahamas entity, retail) | None when you buy outright |
| Main ongoing cost | Spread, plus overnight financing on positions held | Depends on the provider |
| Crypto, FX, gold and indices in one account | Yes | Depends on the provider |
What a Singapore resident gives up with Pepperstone
Pepperstone has no Singapore company and no MAS licence; the MAS Financial Institutions Directory returns no result for it. Your account would be with Pepperstone Markets Limited in Nassau, licensed by the Securities Commission of The Bahamas. Retail clients are not liable for a negative balance under its terms, but no compensation scheme is named. If a MAS licence is a requirement, eToro Singapore Pte. Ltd. holds a capital markets services licence (CMS101824), and eToro's account terms distinguish real crypto positions from CFDs; we have not verified its crypto range for Singapore clients.
XS as a MetaTrader alternative
XS accepts Singapore residents, and its swap-free terms refer to crypto pairs on MT4 and MT5, where standard swaps return after a 3-day grace period for eligible swap-free clients. It publishes no crypto spreads in our data, and its regulation page lists no MAS licence. Capital.com, which offers crypto CFDs in other markets, does not accept Singapore residents.
Sources
Broker and regulator pages cited above.
Can I withdraw Bitcoin from Pepperstone?
No. A crypto CFD is a contract on the price, so there is no coin to withdraw. Pepperstone does accept crypto as a deposit method, from $18.
Is Pepperstone licensed by MAS?
No. Singapore residents are served by Pepperstone Markets Limited, licensed in the Bahamas under SIA-F217.
How many cryptocurrencies can I trade at Pepperstone?
The Bahamas retail margin table lists 44 against the US dollar, plus BTC and ETH in AUD, EUR and GBP. The accounts page, using March 2025 data, counts 31.
Crypto CFDs combine leverage with very volatile prices, and losses can mount quickly. CFDs are complex instruments, and most retail accounts lose money; Pepperstone's international site puts the figure at 80% for its clients. This is not investment advice.