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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

How to choose the best trading app in Singapore

Trading apps allow you to trade anytime, anywhere. Here’s how to choose the best one for you.

Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.

Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.

Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.

Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.

What is a trading app?

A trading app is an application that enables you to trade on a range of financial markets anytime and anywhere. The app automates many processes typically performed by an online broker providing real-time prices and financial analysis.

How to choose a trading app

There are many different trading apps available, each with their own pros and cons. The best trading app for you will depend on your own personal needs and circumstances. Here are several factors to consider when making this decision.

1. Ease of use

An app with an intuitive interface that’s easy to use not only helps to simplify a complicated process, but also saves time when trading. This provides quick, easy access to the markets where trades can be placed as and when you wish.

Our No. 1 trading platform is specifically designed by traders with the user in mind.1

2023

Best Forex Provider
in Singapore

Global Brands Magazine

2023

Singapore's No. 1
CFD/FX Broker

Investment Trends 2023 Singapore
Leverage Trading Report

2022

Best Online Trading
Platform

Influential Brands

2021

Best Retail FX
Platform

FX Markets Asia FX Awards

2. Products and markets

Different trading apps will give you access to different products and markets. Whilst some providers will choose to specialise in a specific product or market, others will offer a more diverse range.

Our mobile trading app allows easy access to a range of products and markets. You can:

  • Trade more than 10,000 international shares including Alphabet, Apple and Tesla

  • Access over 30 of the world’s most popular indices including the SGX, Dow Jones, S&P 500, Germany 40 and the FTSE 100

  • Trade more than 90 FX pairs including major, minor, exotic and emerging currency pairs

  • Access all major commodity markets including gold, silver, oil, wheat and sugar

  • Choose from thousands of ETF markets including currencies, sectors, indices and commodities

  • Predict price movements of long-term interest rates with futures and bonds

  • Access themes and basket trading so you can gain exposure to trends in a range of markets including robotics, cannabis, clean energy and electric vehicles

3. Trading hours

Each market has certain opening and closing times. These times will vary depending on your chosen asset, market, country and provider.

For increased access, we offer extended trading hours on the shares, indices and forex so you can react to moving markets as and when they occur. In fact, we’re the only trading provider to offer weekend trading on forex.

With us, you can trade within regular and extended hours as and when you see fit.

It’s also important to remember that less liquidity in the after-hours markets means they’re more volatile, whilst this creates trading opportunities, it also creates higher risk.

4. Tools

When trading, it’s important to have access to a range of tools to help gain a good understanding of the markets so you can react as you see fit.

To ensure the best possible trading experience, our app comes with a range of tools.

  • Indicators – we offer 32 different indicators that help provide insight into market movements so you can develop your trading strategy accordingly
  • Charts - from candlesticks to line charts, our trading app offers a range of different ways to view the price movements of your chosen market, each one equipped with a range of drawing tools
  • Alerts – you’ve got the option to be notified when specific market movements occur, completely free of charge
  • Trading signals – we offer market insights to assist with your trading decisions
  • Trading analytics – we provide general insights based on data from your positions to help you review and enhance your trading strategies
  • Demo account – you can practise trading and build your confidence free of charge

5. Fees and costs

Each trading platform charges different fees and costs for placing trades. Some apps will do so by charging a flat fee, whereas others will charge based on certain factors relating to each trade.

With us, the fees you’ll have to pay will depend on the type of account and the instrument you wish to trade. When trading on leverage, the one direct charge you'll need to consider is the spread or commission.

If you keep your contract for difference (CFD) position open past 10pm UK time, you’ll be charged for overnight funding.

Find out more about overnight funding

6. Risk management

With trading comes high risk, particularly when using leveraged products like CFDs. This is where you can open a position much larger than your initial margin to gain greater exposure to the markets, meaning you could gain or lose money faster than expected.

Our app comes equipped with a range of risk management tools. These include a stop loss, guaranteed stop, and trailing stop orders.

We also offer a range of charts to provide good visibility of market movements so you can make informed decisions when trading.

7. Customer service

Given the complex nature of trading, it’s important to have as much support as possible throughout the whole process. We offer 24-hour support from Monday to Friday. You can either give us a call or get in touch via email or our help and support page.

Singapore trading app comparison*

Find out how our trading app compares with competitors in the market.

IG CMC Markets2 Plus5003
Markets and products Trade 13,000+ markets such as forex, indices, options, and IPOs via CFDs Trade forex, indices, commodities, shares, ETFs, treasuries and bonds using CFDs Trade indices, forex, commodities, shares, options and ETFs using CFDs
Trading hours 24/7 from 6am on Monday (4am for forex) until 5am on Saturday (SG time), plus weekend market hours** No 24/7 trading or after-hours trading on stocks No 24/7 trading or after-hour trading on stocks
Tools
  • Demo account
  • Alerts
  • Charts
  • Risk management tools
  • Trading analytics
  • Client sentiment analysis
  • Demo account
  • Alerts
  • Charts
  • Risk management tools
  • Trading analytics
  • Demo account
  • Alerts
  • Charts
  • Risk management tools
Fees and costs
  • Overnight funding
  • Currency conversion fee
  • Spread
  • Commission
  • Overnight funding
  • Currency conversion fee
  • Spread
  • Commission
  • Overnight funding
  • Currency conversion fee
  • Spread
Customer service
  • 24-hour support from Monday to Friday through telephone and email

  • Telephone or email support 24-hours Monday - Friday
  • 24-hour support through email, live chat and WhatsApp; no telephone support.

* Updated July 2024

** 3pm Saturday to 5.40am Monday (SG time) for indices; 3pm Saturday to 3:40am Monday (SG time) for weekend GBP/USD, EUR/USD, USD/JPY

Best trading app for you

Our trading app has been designed by traders with all your needs in mind. Not only have we been voted Singapore's No. 1 trading app1, but we also offer a range of features to support you throughout your trading journey. These include out-of-hours trading so you can react to moving markets as they occur. Plus, our app offers several charting and risk management tools, and you have 24-hour support available to you.4

How to start trading on a mobile app with us

To start trading on our No.1 mobile app1, and seize trading opportunities wherever you are, you can follow three steps:

  1. Search for IG trading on the App Store or Google Play
  2. Download the app
  3. Create a CFD account with us

FAQs

What should I look for in a trading app?

The best trading app for you will differ depending on your personal needs and requirements, but some important features you should consider when making this decision are:

  • Ease of use
  • The available products and financial markets
  • Trading hours
  • Tools
  • Fees and costs
  • Risk management tools
  • Customer service

How can I start trading?

You can follow these steps to place your first trade:

  1. Learn about the products and markets you’re interested in using resources like IG Academy
  2. Understand the risks involved and how to manage them
  3. Practise trading on our demo account
  4. Once you feel comfortable, create a live account and begin trading

Try these next

Trade thousands of markets wherever you are with our trading app

Seize opportunities with Singapore's No.1 trading platform1

Learn everything you need to know to start your trading journey

1 Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Winner for Education Materials / Programmes based on the Investment Trends 2021 Singapore Leverage Trading Report. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022. Winner of FX Markets Asia FX Awards 2021 - Best Retail FX Platform. Awarded the best forex provider in Singapore by the Global Brands Magazine in 2023 and 2024. Awarded Best Forex Trading Support - Asia by Global Forex Awards 2021 – Retail. Winner for Best Trading App based on the Investors Chronicle and Financial Times Investment and Wealth Management Awards 2018, and the Professional Trader Awards 2019.
2 CMC Markets, 2024
3 Plus 500, 2024
4 24-hour support except on weekends (SGT).