The Singapore market is a major financial hub of Asia and attracts numerous high-profile pro trading firms from all over the world.
Top prop firms in Singapore offer an impressive selection of instruments, low fees, and high maximum funding limits, as well as favorable trading terms and conditions.
Some of the best prop trading firms in the country include:
- FTMO
- SurgeTrader
- Blue Guardian
- Fidelcrest
- FTUK
- Funded Trading Plus.
A majority of the prop trading firms available in Singapore are not based in the country. Rather, they are international firms with access to over 100 countries and millions of clients globally.
These firms offer MetaTrader 4 and 5 to their clients, as well as a lineup of other helpful financial tools, high maximum funding amounts, scaling plans, and more.
Traders can buy and sell a wide range of instruments, such as CFDs, shares, crypto, commodities, indices, etc.
Top 3 Prop Trading Firms In Singapore
While Singapore is home to a wide variety of prop firms from around the world, some firms, such as FTMO, FUnded Trading Plus, and Blue Guardian, stand out from the competition in terms of their terms, fees, funding limits, and more.
FTMO – the prop firm with advanced safety features
Founded in 2015, FTMO is a prop trading firm based in the Czech Republic that also offers its services in Singapore.
FTMO is known for its security and a wide selection of tradable instruments.
The core features and terms offered by FTMO include:
- A $200,000 maximum funded account, with a scaling plan up to $2.5 million
- Access to MT4 and MT5 as the primary trading platform
- Competitive fees for funded accounts, starting at $164 for the $10,000 account
- The ability to trade a variety of instruments, such as shares, commodities, indices, and cryptocurrencies
- Fast withdrawals with multiple withdrawal options
- A large number of educational materials, such as blogs, webinars, etc
Traders at FTMO keep 90% of the profits they generate with the firm, while upholding a 10% profit target.
Overall, FTMO is one of the highest-rated prop firms in Singapore and gets a FirmFunded rating of 4.03 out of 5.
Sign up with FTMO now
Funded Trading Plus – the best overall prop firm in Singapore
Funded Trading Plus, founded in 2013 in the UK, FTP is one of the most experienced prop firms in the world that also offers its services to traders in Singapore.
Here are the terms offered by FTP:
- 10% profit target for funded accounts
- Access to MetaTrader 4 as the primary trading platform
- Maximum possible funding limit of $2.5 million through FTP’s scaling plan
- Minimum entry fee of $119 for the $5,000 account
- Ability to keep 80% of the generated profits on funded accounts
Funded Trading Plus offers its services to trading partners in dozens of countries internationally. A well-regarded prop firm, FTP gets a FirmFunded rating of 4.05 out of 5.
Sign up with Funded Trading Plus now
Blue Guardian – prop firm with an affordable entry fee
Another UK-based prop trading firm available in Singapore, Blue Guardian is a highly-rated firm that offers traders the opportunity to buy and sell forex pairs, commodities, indices, and crypto using MetaTrader 4.
Traders at Blue Guardian can keep 85% of the profits generated from their funded accounts.
The profit targets for Phases 1 and 2 are 4% and 8%, respectively.
The $10,000 funded account costs $87, with the possibility to scale up the account balance to as high as $2 million.
One of the most affordable prop trading firms available in Singapore, Blue Guardian gets a FirmFunded score of 3.95 out of 5.
Sign up with Blue Guardian now
Top Prop Trading Firms With SGD Accounts
Top-rated prop firms in Singapore offer accounts primarily in major currencies, such as USD, EUR, GBP, etc.
While some prop firms, such as FTMO and SurgeTrader, offer multiple currency options for their funded accounts, the primary currency for every major prop firm is USD and none of the firms on this list offer SGD accounts, which may be a slight inconvenience for some traders.
Below we can see the currencies offered by some of the top-rated prop firms in Singapore:
| FTMO | Fidelcrest | SurgeTrader | Bulenox | Funded Trading Plus | Blue Guardian | |
|---|---|---|---|---|---|---|
| USD | ||||||
| SGD | ||||||
| GBP | ||||||
| EUR | ||||||
| CAD |
All Prop Trading Firms Available In Singapore
Prop trading firms in Singapore offer different terms and conditions to their clients. Some of the best prop trading firms in Singapore include the following:
- Funded Trading Plus – 4.05/5 FirmFunded score. Profit share up to 80%. Maximum Funding up to $2.5 million through scaling. Minimum audition fee starts at $119 ($5,000 account). Forex, commodities, and crypto trading available
- Fidelcrest – 3.5/5 FirmFunded score. Profit share up to 90%. Maximum possible funding of $2 million. Minimum audition fee starts at EUR 99 ($15,000 account). Forex, indices, commodities and stocks available
- FTMO – 4.03/5 FirmFunded score. 90% profit share. Maximum funding of $2 million available through scaling. Minimum audition fee of $164 ($10,000 account). Forex, indices, commodities, stocks, and crypto trading available
- FTUK – 3.64/5 FirmFunded score. 80% profit share. Maximum $5 million in funding through scaling. Minimum evaluation fee starts at $149 ($14,000 account). Forex, indices, commodities, and crypto trading available
- SurgeTrader – 3.48/5 FirmFunded score. 90% profit share. Maximum possible funding of $1 million. Minimum audition fee starts at $200 ($25,000 account). Forex, indices, commodities, and crypto trading available
- Bulenox – 3.52/5 FirmFunded score. 90% profit share. Maximum funding of $150,000 available. Minimum audition fee starts at $125 ($10,000 account). Forex, commodities, indices, and crypto trading available
- The 5ers – 3.58/5 FirmFunded score. Up to 90% profit share. Maximum $4 million in funding through scaling. Minimum evaluation fee of $39 ($5,000 account). Forex, stocks, and commodities trading available
- Topstep – 3.13/5 FirmFunded score. 90% profit share. Maximum funding of $150,000 available. Minimum audition fee starts at $49 ($50,000 account). Only futures trading available
It is important to note that this is far from a complete list of all prop trading firms operating in SIngapore, as there are dozens more. However, this list includes the best-rated among the firms available in the country, with the most attractive terms for prospective traders.
Head-to-Head Comparison Of Prop Trading Firms In Singapore
The below table shows a head-to-head comparison of some of the best-reviewed prop trading firms available to traders in Singapore.
The firms are compared in terms of their fees, maximum available funding, instruments, and more:
| Prop Firm | FTMO | Fidelcrest | Funded Trading Plus | Blue Guardian | Bulenox | SurgeTrader |
|---|---|---|---|---|---|---|
| Year founded | 2015 | 2018 | 2013 | 2017 | 2022 | 2021 |
| Minimum audition fee | USD 164 | EUR 99 | USD 119 | USD 87 | USD 125 | USD 200 |
| Instruments | Forex, Indices, Commodities, Stocks, Crypto | Forex, Indices, Commodities, Stocks | Forex, Commodities, Crypto | Forex, Crypto, Indices, Commodities | Forex, Indices, Commodities, Crypto | Forex, Crypto, Commodities, Indices |
| Minimum funded amount | $10,000 | $15,000 | $5,000 | $10,000 | $10,000 | $25,000 |
| Scaling | Yes | Yes | Yes | Yes | Yes | Yes |
| Maximum funded amount | $200,000 ($2 million via scaling) | $1 million ($2 million via scaling) | $250,000 ($2.5 million via scaling) | $200,000 ($2 million via scaling) | $150,000 | $1 million |
| Allowed daily loss | 5% | 5-10% | 3-4% | 4% | 6% | 5% |
| Profit target | 10% | 5-20% (Pro and Micro Accs) | 10% | 4-8% (1st and 2nd Phases) | 6% | 5-10% (1-Phase and 2-Phase) |
| Max trailing drawdown | 10% | 20% | 5-8% | 8% | 6% | 8% |
| Profit share | 90% | 80-90% | 70-80% | 85% | 90% | 90% |
| MetaTrader Available | Yes | Yes | Yes | Yes | Yes | Yes |
| Safety | 5/5 | 3/5 | 3/5 | 3/5 | 1.5/5 | 3/5 |
| Education | 5/5 | 2.8/5 | 2/5 | 2/5 | 3/5 | 2.8/5 |
| Customer Support | 3.6/5 | 3.6/5 | 5/5 | 4/5 | 3/5 | 3.6/5 |
| Rules and Limitations | 4.8/5 | 3.2/5 | 4/5 | 5/5 | 4/5 | 2.9/5 |
| Fees | 2.5/5 | 4/5 | 5/5 | 4/5 | 4/5 | 2.5/5 |
| Overall | 4.03/5 | 3.5/5 | 4.05/5 | 3.95/5 | 3.51/5 | 3.48/5 |
| Action | Register | Register | Register | Register | Register | Register |
Singapore Prop Firms And Their Supported Languages
Prop firms in Singapore primarily offer English as the main language of their websites and customer support, while others may offer additional languages, such as Spanish and French.
However, when it comes to the regional languages spoken in Singapore, such as Malay, Singaporean Mandarin, and Tamil, top-rated prop firms in the country unfortunately do not offer their services in these languages.
This should not be a dealbreaker for most traders, as market data is available primarily in English.
| English | Malay | Mandarin | Tamil | |
| FTMO | ||||
| Funded Trading Plus | ||||
| SurgeTrader | ||||
| Bulenox | ||||
| Fidelcrest | ||||
| Blue Guardian |
Is Prop Trading Regulated In Singapore?
Prop trading in Singapore is overseen and regulated by the Monetary Authority of Singapore (MAS). However, it must be noted that prop trading regulations are generally quite lax and are largely limited to KYC and AML policies to detect potential illicit activity.
Financial institutions engaging in proprietary trading activities in Singapore are subject to regulatory requirements and guidelines set by the MAS. These regulations are designed to promote transparency, fair practices, and risk management in the financial markets.
Permissive regulations allow Singaporean traders to access a wide variety of prop firms.
FAQ On The Best Prop Trading Firms In Singapore
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