Compare Online Brokers

3 brokers (out of 11 in Singapore)

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Sep 2024

RoboForex

$10 min. deposit

1:500 leverage

58.42% of retail CFD accounts lose money

Updated Sep 2024

Fortrade

$100 min. deposit

1:30 leverage

Your capital is at risk.

Updated Apr 2025

  • Overall
    4.2 / 5
  • Markets
    5.0 / 5
  • Trading environment
    3.8 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.0 / 5
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.
  • Overall
    4.1 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    3.9 / 5
  • Investor protection
    3.2 / 5
  • Customer service
    3.8 / 5
  • Likes
  • Access 12,000 instruments, including real stocks.
  • Start trading in minutes without ID verification.
  • Enjoy negative balance protection.
  • Dislikes
  • RoboForex is only regulated in Belize.
  • Withdrawal fees across most funding methods.
  • Overall
    3.7 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.0 / 5
  • Deposits and withdrawals
    3.6 / 5
  • Investor protection
    4.2 / 5
  • Customer service
    1.8 / 5
  • Likes
  • Trade CFDs on all assets classes.
  • Huge selection of CFDs on over 440 stocks.
  • You cannot lose more than you invest with negative balance protection.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Dislikes
  • Only supports MetaTrader 4 and its in-house platform.
  • USD 10 'dormancy fee' if your account is inactive for over 6 months.

Easily navigate this review:

Markets
Asset classes (#)Visit HYCM Visit RoboForex Visit Fortrade
Forex (CFD)674061
Cryptos (CFD)*28333
Stocks (CFD)1518400445
Stocks10803000
Indices (CFD)271018
ETFs (CFD)10003
Metals (CFD)132012
Energy (CFD)345
Commodities (CFD)41006
Bonds (CFD)3

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit HYCM Visit RoboForex Visit Fortrade
MT4
MT5
Copy trading
Other platformsR StocksTraderFortrader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit HYCM Visit RoboForex Visit Fortrade
Bank transfer
Credit card
Debit card
AdvCash
ApplePay
AstroPay
China UnionPay
GooglePay
NETELLER *
Ngân Lượng
Perfect Money
Skrill *
WebMoney
Western Union
2c2p
Account base currenciesVisit HYCM Visit RoboForex Visit Fortrade
AED
BTC
CNY
ETH
EUR
GBP
USD
USDT
Gold
Investor protection
Regulated entitiesVisit HYCM Visit RoboForex Visit Fortrade
Australia
Belize
Canada
Cayman Islands
Cyprus (EU)
Mauritius
St. Vincent & the Grenadines
UAE
UK
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money
RoboForex

Visit RoboForex ▷

58.42% of retail CFD accounts lose money
Fortrade

Visit Fortrade ▷

Your capital is at risk.