Compare every verified forex bonus available to Singapore traders — no deposit bonuses, deposit bonuses, cashback rebates, and more. All offers below are checked for Singapore eligibility and updated regularly.
Singapore is one of the world's top forex trading centers, regulated by the MAS (a Tier 1 regulator). Retail traders benefit from a highly developed financial infrastructure, fast payment systems (PayNow, FAST), and access to both locally licensed and international brokers.
Singapore is a major Asian forex hub. The Asian session runs 8:00 AM - 5:00 PM SGT. The London session opens at 3:00 PM SGT, and the London-New York overlap runs 8:00 PM - midnight SGT.
The local currency is the Singapore Dollar (SGD). Most international brokers offer accounts denominated in USD, EUR, or GBP, so Singapore traders should factor in currency conversion costs when depositing and withdrawing. Some brokers do offer SGD-denominated accounts, which can reduce conversion fees.
The primary financial regulator in Singapore is the Monetary Authority of Singapore (MAS). This body oversees financial markets and provides a framework for investor protection within the country.
Most international forex brokers that accept Singapore clients operate through offshore entities regulated by bodies such as CySEC (Cyprus), FSC Belize, FSA Seychelles, or VFSC Vanuatu. This is standard practice in the industry — offshore regulation provides a framework of oversight, though generally with less investor protection than Tier 1 regulators (FCA, ASIC, MAS).
Our review methodology evaluates broker credibility beyond the license alone — we assess withdrawal track record, operational history, client fund segregation, and regulatory compliance across all entities.
For a detailed breakdown of the legal status, tax implications, and regulatory landscape, see our Singapore forex legal and tax guide .
Unlike the EU, UK, Australia, and US — where financial regulators have banned forex bonuses for retail clients — Singapore has no such restrictions. Singapore traders can legally claim no deposit bonuses, deposit bonuses, cashback programs, and other promotional offers from international brokers.
Trade with free bonus credit — no deposit required. Ideal for testing a broker before committing your own funds.
$30
Get extra trading credit when you fund your account. Deposit bonuses typically match a percentage of your first deposit.
50% up to $500 on first deposit + 20% up to $4,500 on subsequent deposits (total max $5,000)
30% of each deposit (Welcome Bonus 30%)
100% on deposits up to $2,000
$30 USD (or 3,000 cents for cent accounts)
50% deposit bonus (min $10 deposit on Standard Cent/Standard/Pro; Cent max 50% on $100+)
100% deposit bonus (min $100 single deposit on Standard/Pro)
120% deposit bonus (min $500 single deposit on Standard/Pro only; Cent not eligible for 120%)
20% bonus on each deposit, up to $10,000 cumulative
100% up to $10,000 (promo code: SANWALA)
60% up to $10,000 (promo code: LIKE)
30% on first deposit (min $1,000) + 15% on subsequent deposits (min $300)
100% up to $50,000 (50K Convertible Bonus)
50% bonus on each deposit (min deposit $50 USD)
Earn rebates on every trade you place. Cashback programs return a portion of the spread or commission, reducing your effective trading costs over time.
Variable: Pro/ProCent = fixed per-lot rebates; ECN = 5-10% of commission based on volume tier
Up to $2,000 per day (tiered: 10-19 lots=$5, 20-29=$20, 50-59=$55, 100-149=$110-$130, 300-499=$450, 1000+=$2,000 Classic or $1,000 Pro)
2% to 3% annual return on free margin (from $1,000,000 monthly prize pool)
Contests, loyalty rewards, referral bonuses, and other promotional offers available to Singapore traders.
Up to 10% annual interest on account balance (2.5%/5%/10% tiered by monthly lots)
$1,000 cash prize for monthly winner
Free TradingView subscription worth $13.99-$56.49/month (3 tiers based on volume)
Up to 2% annual interest on equity plus loyalty points up to $2/point
50% of total investment as prize, up to $50,000 max per client
$100 per referral
Up to $500,000 in rewards via Trophy Road Points (TRP): Rookie 25 TRP/$1M, Rising Star 30, Pro 35, Legend 40
$2,000 / $1,000 / $500 (1st/2nd/3rd place)
$1,000 monthly cash prize
Getting started with forex trading in Singapore is straightforward. Here is a quick overview of the process:
For a detailed step-by-step walkthrough, read our complete guide to starting forex trading in Singapore .
Having access to local payment methods makes depositing and withdrawing faster and cheaper. Here are the most commonly supported options for Singapore traders:
Deposit and withdrawal processing times vary by broker and payment method. Local methods like PayNow are typically the fastest option. Always check a broker's fee schedule before depositing — some brokers cover deposit fees, while others pass them through.
We rank brokers based on regulation quality, trading conditions, bonus availability, and support for Singapore-specific deposit and withdrawal methods. All brokers below accept Singapore clients and have been vetted using our review methodology.
CySEC, FSC Belize · Min $5 · 100% on first deposit; subsequent deposits: 10% ($100-250), 20% ($250-500), 30% ($500-1000), 40% ($1000-2500), 50% ($2500-5000), 60% ($5000+) deposit
Forex Trader, Broker & Bonus Analyst
Tim Morris is a forex trader and founder of ForexMT4Indicators.com. He reviews forex brokers and bonus offers with a focus on real, transparent terms — not marketing hype.