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Author: Admin | 2025-04-27
Doesn’t have a minimum deposit with their standard; this allows you to deposit the funds you are comfortable with and not be shoehorned into depositing too much. However, we feel the USD $2000 minimum deposit with their ECN Prime could be lower. Broker Screenshots 3. Plus500 - The Best High Leverage Forex Broker in Singapore Average Spread EUR/USD = 1.7GBP/USD = 2.3 AUD/USD = 1.4 Trading Platforms Plus500 Trading Platform Why We Recommend Plus500 We picked Plus500 as our best high-leverage forex broker in Singapore. In Singapore, the Monetary Authority of Singapore (MAS) enforces leverage caps, with Plus500 able to offer a maximum of 20:1 when forex trading.Features with Plus500 we like include its user-friendly Plus500 trading platform, commission-free forex spreads and guaranteed stop-loss orders (GSLOs), which is why we recommend the broker for beginners. Pros & Cons Best high-leverage broker in SGSimple Plus500 trading platformGood risk management tools Doesn’t offer ECN tradingLimited trading tools availableWider-than-average spreads Broker Details Leverage With Plus500 In SingaporeIn our tests, we found Plus500 to have the highest leverage in Singapore, offering 1:20 while regulated by the Monetary Authority of Singapore (MAS). We were surprised that the max leverage was lower than other regulators like ASIC and FCA, limiting at 1:30. Even more so, we found that you could not increase the leverage as Plus500 does not offer professional accounts. Still, if you use a MAS-regulated broker, this is the best you can get.Plus500 Trading Platform And Key FeaturesWe found the Plus500 trading platform to be better than its competitors. Plus500 offers 119 indicators, 13 chart types, and a guaranteed stop-loss order, which eliminates slippage risks if applied. However, the broker does lack social trading and automation.What stood out for us was its +insights tool, which aggregates all Plus500 traders’ data and compiles it into useful information to find new trade ideas. We like that it provides the data into different categories, such as “highest buy ratio”, which you could use as a signal to analyse these markets further for potential trades.Plus500 also has a decent choice of markets to trade with including 71 currency pairs, 1100+ stocks, 30 indices, 12 commodities and 98 ETFs. Broker Screenshots 4. Axi - The Highest Dubai and UAE Forex Broker Average Spread EUR/USD = 0.44GBP/USD = 0.85AUD/USD = 0.42 Why We Recommend Axi Among the best Forex brokers under DFSA regulation, our team of industry experts recommends Axi (formerly AxiTrader) for leverage trading in Dubai and the UAE. Under current legislation, the Dubai Financial Services Authority (DFSA), offers a maximum leverage for retail traders of 1:30 on all currency pairs.Features of Axi that we were impressed with include its fast limit order speeds of 90 ms and its solid range of 72 forex pairs available to trade. Pros & Cons 72 forex pairs to tradeFast limit order execution speed$0 minimum deposit requirement Spreads could be tighterLimited range of platformsInactivity fees apply Broker Details Leverage With Axi In The UAEAxi is regulated by the Dubai Financial Services Authority (DFSA),
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