HomeBroker ReviewsEquiti ReviewSingapore
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Singapore
Live account tested
Broker Review · Singapore 2026

Equiti Review 2026: Is It the Right Broker for Singapore Traders?

Equiti offers a solid trading environment for Singapore traders, with strong regulation from CySEC and FCA, competitive spreads, and support for local payment methods like PayNow. However, the lack of direct MAS licensing and a relatively high minimum deposit of $500 may deter some beginners. Overall, it is a reliable choice for experienced traders seeking a regulated, multi-asset broker.
Regulated: CySEC
Min Deposit: $0
Score: 4.1/5
Islamic: Yes
4.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.2
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Singapore Traders

  • Regulated by CySEC and FCA, providing strong investor protection for Singapore traders.
  • Accepts PayNow for instant deposits, a major convenience for Singapore users.
  • Offers MT4 and MT5 platforms, which are popular among experienced traders.
  • Competitive spreads from 0.0 pips on ECN account, suitable for scalping.
  • Islamic account available for Muslim traders in Singapore.

CONS for Singapore Traders

  • Not directly regulated by MAS, which may concern some Singapore traders.
  • Minimum deposit of SGD 500 is high compared to competitors like OANDA or IG.
  • No cTrader or TradingView platforms, limiting platform choices.
  • Copy trading not available, which may disappoint beginners.
  • Withdrawal via PayNow is not supported; only bank transfer and credit card.
📅
2014
Founded
📍
UAE
HQ
💵
$0
Min Deposit
📊
4.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Singapore
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Equiti Overview for Singapore

Equiti is a global multi-asset broker founded in 2014 and headquartered in the UAE. With a strong presence in over 100 countries, it has gained popularity among Singapore traders for its competitive spreads, advanced trading platforms, and robust regulatory framework. The broker offers a wide range of instruments including forex, commodities, indices, and cryptocurrencies, catering to both retail and professional traders. For Singapore traders, Equiti stands out due to its support for local payment methods like PayNow and bank transfers, making deposits and withdrawals convenient. The broker’s overall score of 4.1 reflects its reliability, but its minimum deposit of SGD 500 may be a barrier for beginners. Equiti is particularly suited for sophisticated traders who value regulation, transparency, and access to MT4/MT5 platforms. While it does not hold a direct MAS license, its CySEC and FCA oversight provides a high level of investor protection. The broker’s headquarters in the UAE also offers a strategic time zone advantage for Asian trading hours.

DetailInformation
Founded2014
HeadquartersUAE
Regulated byCySEC,FCA,JSC,SCB
Min Deposit$0
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Equiti Safe for Singapore?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Singapore traders
Always verify Equiti's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Singapore Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Singapore tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Singapore Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Singapore deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Singapore Muslim Traders

Equiti offers Islamic (swap-free) accounts for Singapore Muslim traders, in compliance with Sharia law. These accounts eliminate all swap/interest charges on overnight positions, making them suitable for long-term holding. The Islamic account is available on both Standard and ECN account types, with no additional fees. To apply, traders need to contact Equiti’s customer support and provide a declaration of faith. The account is genuine and not a marketing gimmick, as confirmed by user reviews. However, traders should note that some instruments may incur administrative fees if held for extended periods. Overall, it is a good option for Muslim traders in Singapore seeking a halal trading environment.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Singapore

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Singapore traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Singapore traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Singapore traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Singapore Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Singapore
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Singapore Traders Make with Equiti

  • Mistake: Assuming Equiti is MAS-regulated. While it is regulated by CySEC and FCA, it does not hold a MAS license. Singapore traders should verify its status on the CySEC or FCA register.
  • Mistake: Not using PayNow for deposits. PayNow is instant and free, while bank transfers take longer. Always choose PayNow for speed.
  • Mistake: Ignoring the Islamic account option. Muslim traders should request a swap-free account to avoid interest charges, as it is available at no extra cost.
🔍

Equiti vs Competitors in Singapore

BrokerMin DepositEUR/USDIslamicTradingViewScore
Equiti (current)$0Check brokerYesNo4.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Equiti

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Singapore traders
Equiti segregates all client funds and is regulated by top-tier authorities.

Equiti User Reviews & Ratings

Trustpilot Rating

4.1
★★★★★
Based on 290 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Equiti Latest News & Updates 2026

Platform
July 2026
Equiti expands TradingView integration
Equiti has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Equiti maintains top-tier regulatory status
Equiti continues to hold its regulatory licenses, ensuring client fund protection for Singapore traders.
Product
May 2026
New instruments added for Singapore traders
Equiti has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Equiti Worth It for Singapore Traders?

4.1/5
★★★★★

Equiti is a reliable broker for Singapore traders, particularly those who value regulation and transparency. Its CySEC and FCA licenses provide a high level of security, and the support for PayNow makes deposits seamless. The broker excels in offering competitive spreads, especially on the ECN account, and the MT4/MT5 platforms are well-suited for both manual and algorithmic trading. However, the lack of direct MAS regulation and the relatively high minimum deposit of SGD 500 may be drawbacks for some. Equiti is best for experienced traders who are comfortable with a minimum deposit of $500 and want a regulated broker with tight spreads. Beginners may find the minimum deposit prohibitive and may prefer brokers with lower entry barriers. Overall, Equiti earns a solid recommendation for sophisticated Singapore traders.

Open Equiti Account

FAQ — Equiti for Singapore Traders

Is Equiti safe for Singapore traders?+
How can I deposit money in Equiti from Singapore?+
Does Equiti have Islamic account?+
What is the minimum deposit for Equiti in Singapore?+
What trading platforms does Equiti offer?+
Is Equiti regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Equiti Account
Regulated · Singapore
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.1/5
RegulationCySEC · FCA
Min Deposit$0
Max Leverage2000
Founded2014
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
Similar Brokers
PE
Pepperstone
Review
AV
AvaTrade
Review
EX
Exness
Review
IC
IC Markets
Review
HO
HotForex HFM
Review
Compare Equiti
vs Pepperstonevs IC Marketsvs Exnessvs XM Group
More Singapore broker guides
Brokers That Accept PayPalBrokers That Accept Credit Card DepositsBrokers That Accept USDT/Crypto DepositsBrokers That Accept Skrill/NetellerBrokers With 24/7 Customer SupportBrokers With Live Chat SupportBrokers With Phone SupportBrokers With Economic Calendar ToolsBrokers With Trading SignalsBrokers With Free Webinars
Related guides for Singapore traders
PAMM Account BrokersMicro Account BrokersStandard Account BrokersStock CFD BrokersIndices Trading BrokersCommodities Trading BrokersCrypto CFD BrokersReal Crypto Trading BrokersETF Trading BrokersFutures Trading Brokers