MyBestBrokers

What is the best online trading platform in Singapore?

Updated: 2026-10-21How we test

Verdict

  • Our pick is a Pepperstone Razor account, because it is the one setup in our data that gives Singapore residents MT4, MT5, cTrader, TradingView and Pepperstone's own web platform and app together.
  • What you pay depends on the platform: $3.00 commission per side on cTrader FX, $3.50 on MT5, TradingView and Pepperstone's platform, and $7 charged at the open on MT4.
  • Pepperstone serves Singapore through its Bahamas entity (SCB, SIA-F217) and holds no MAS licence; brokers with MAS licences, such as OANDA and CMC Markets, offer narrower platform line-ups in our data.
  • XS, our second choice for Singapore, supports MT4, MT5 and its own app, but not cTrader or TradingView.

A trading platform is software; the broker is the company that holds your money and fills your orders. The best setup in Singapore is the one that lets you use the software you prefer at a low published cost, and on that test a Pepperstone Razor account comes out ahead. Below is which platform suits which trader, what each one costs, and how other brokers compare.

Our answer: five platforms on one Pepperstone Razor account

Open Razor and the same login reaches every major retail platform: MT4, MT5, cTrader, TradingView and Pepperstone's own web platform and mobile app. The Standard account covers all of those except TradingView. Pricing on Razor starts from a published 0.1-pip average on EUR/USD, and Pepperstone says orders execute from 50 milliseconds with a 99.32% fill rate and no dealer intervention, based on trades in the first quarter of 2026.

Open a Pepperstone Razor account

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What is the best trading platform in Singapore?

Pick the platform by what you actually do every day:

  • Charting first: TradingView, so analysis and order entry share one screen.
  • Automated trading: MT4 or MT5 for expert advisors, or cTrader Automate for bots written in C#.
  • Lowest FX commission: cTrader, at $3.00 per side on Pepperstone Razor.
  • Trading mostly on the phone: Pepperstone's own app, available on both account types.
  • Following other traders: cTrader Copy, MetaTrader Signals or the separate CopyTrading by Pepperstone app.

Which platforms each broker offers

Platforms as listed in our broker data. IG's list comes from its UK and UAE pages, so confirm the Singapore offer on ig.com/sg.

Platform availability by broker
BrokerMetaTradercTraderTradingViewOwn platform
PepperstoneMT4 and MT5YesYes (Razor)Web and app
XSMT4 and MT5NoNoXS app
OANDA (MAS)MT5NoYesOANDA Trade and mobile app
CMC Markets (MAS)MT4NoNoNext Generation and app
IG (MAS via IG Asia)MT4 and MT5NoYesWeb, app, ProRealTime, L2 Dealer
Phillip Securities (MAS)Phillip MT5NoTradingView charts in Phillip NovaPOEMS 2.0, POEMS Pro, POEMS Mobile 3

The extras that come with Pepperstone's platforms

  • Smart Trader Tools for MT4 and MT5, including Trade Terminal, Correlation Matrix and Mini Terminal; Pepperstone's own pages give different counts for the suite (28 and 60+).
  • cTrader Automate for C# cBots, plus API trading.
  • A free VPS for eligible and Pro clients, useful if an expert advisor must run around the clock.
  • A free Bloomberg.com Premium Digital subscription for Pepperstone traders, subject to its terms.

Sources

Broker-published information behind this page.

Is a trading platform regulated?

No, the broker is. MT5 or TradingView is the same software at every broker; what changes is the company behind it. For Singapore residents, Pepperstone's is Pepperstone Markets Limited, licensed in the Bahamas, not by MAS.

Can I use TradingView with a Pepperstone Standard account?

No. TradingView is a Razor-only platform at Pepperstone, priced at $3.50 commission per side on FX.

Which platform is cheapest at Pepperstone?

cTrader on FX: $3.00 per side, or $6 a round-turn lot, against $7 on MT5, MT4, TradingView and Pepperstone's own platform.

CFDs and margin forex carry a high risk of rapid losses because of leverage and are not suitable for everyone. Figures here are as each broker published them when we checked and may change. This page is information, not investment advice.