Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Singapore
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs Libertex: In-Depth Comparison For Singapore Traders (2026)

Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
Libertex logo
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Singapore traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Singapore Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
Exness
Swap-free for Singapore Muslims
Best for Beginners
Libertex
Better education & support
$10 vs $100
Min deposit
1:2 vs 1:30
Max leverage
FCA vs CySEC
Top regulator
3.5 vs 3.8
Our scores
Table of Contents

Head-to-head comparison

For sophisticated investors in Singapore’s financial hub, choosing between Exness and Libertex requires a deep dive into local trading conditions. Exness, rated 4.8/5, dominates with ultra-low spreads, lightning-fast execution, and support for PayNow and Bank Transfer—critical for active traders managing large volumes. Libertex, scoring 3.7/5, appeals to beginners with its user-friendly platform and fixed spreads, but lacks the advanced tools and local payment flexibility that Singapore’s sophisticated investors demand. Both brokers are accessible to Singapore residents, but Exness aligns better with the needs of traders in this competitive market, offering raw spreads from 0.0 pips and direct SGD deposits. This comparison focuses on how each broker serves Singapore traders, covering costs, regulation by MAS, and local payment methods like PayNow and Credit Cards.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
Libertex logo
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
3.5
WIN
Regulation
Safety, oversight
3.8
WIN
3.3
Deposits
Local payments
3.6
3.9
WIN
Customer Support
24/5, chat, phone
3.7
WIN
3.6
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.6
Tie
3.6
Mobile App
iOS, Android
3.5
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$100Exness

For Singapore traders, trading costs are a decisive factor. Exness offers raw spreads from 0.0 pips on major pairs like EUR/USD with a low commission of $3 per lot, making it ideal for high-volume strategies. Libertex uses fixed spreads starting from 1.2 pips on EUR/USD with no commission, which is simpler but more expensive for frequent traders. For a Singapore trader executing 50 lots per month on EUR/USD, Exness costs around $150 in commissions, while Libertex costs $600 in spreads—a 75% difference. Exness also offers zero spread accounts on certain instruments, further reducing costs for active investors.

📂

Account Types Comparison

Account TypeExnessLibertex
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✗
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$10$100
⚖️

Leverage Comparison - Singapore Traders

Entity / AssetExnessLibertex
Singapore (offshore)Up to 1:2Up to 1:30
Forex major pairs1:21:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Singapore Traders
Traders in Singapore typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessLibertexWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗✗Libertex
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformExnessLibertex
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✓✗
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✗
Scalping allowed✓✓
Hedging allowed✓✓

Exness provides the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are essential for sophisticated Singapore traders who rely on advanced charting tools, Expert Advisors (EAs), and algorithmic trading. Libertex offers its proprietary web and mobile platform, which is intuitive for beginners but lacks the depth of MT4/MT5. For Singapore traders who require automation and custom indicators, Exness is the clear winner. Libertex’s platform is better suited for casual investors who prefer a straightforward interface without complex tools.

⚡

Execution Quality - Speed & Slippage

FactorExnessLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✗Tie

Exness offers ultra-fast execution with average speeds of 0.1 seconds and 99.9% order execution without requotes, ideal for Singapore traders using scalping or high-frequency strategies. Libertex’s execution is reliable but slower, averaging 0.3 seconds with occasional requotes during volatile markets. For sophisticated investors in Singapore’s financial hub, Exness’s execution quality is superior, reducing slippage and improving trade outcomes.

🛡️

Regulation & Safety for Singapore Traders

Safety FactorExnessLibertex
Primary regulatorFCACySEC
Top-tier regulated✓✗
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Regulation is crucial for Singapore traders, and both brokers operate under reputable authorities. Exness is regulated by the Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC), ensuring strong client fund segregation and negative balance protection. Libertex is regulated by CySEC and the Financial Conduct Authority (FCA), offering similar protections. While neither is directly regulated by the Monetary Authority of Singapore (MAS), both comply with international standards. For Singapore traders, Exness’s higher financial transparency and 4.8/5 rating provide greater confidence in fund safety.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Singapore traders may differ by entity.
💳

Deposits & Withdrawals for Singapore

Payment MethodExnessLibertex
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days5 business days

Singapore traders benefit from multiple local payment options at both brokers. Exness supports PayNow, Bank Transfer, and Credit/Debit Cards with instant processing and zero fees, allowing deposits in SGD without conversion charges. Withdrawals are equally fast, typically processed within 24 hours. Libertex accepts Bank Transfer and Credit Card deposits, but notably lacks PayNow support, which is a key disadvantage for local traders. Both brokers support SGD accounts, but Exness’s PayNow integration makes it far more convenient for Singapore users. Minimum deposits are low: $100 at Exness and $50 at Libertex.

☪️

Islamic Accounts - Swap-Free for Singapore Muslims

Islamic Account FeatureExnessLibertex
Swap-free available✓✗
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

For Singapore Muslim traders, both Exness and Libertex offer Islamic (swap-free) accounts. Exness provides swap-free accounts on all account types (Standard, Raw Spread, Zero) with no additional fees, ensuring full compliance with Sharia law. Libertex offers Islamic accounts upon request, with no swap charges on overnight positions, but the range of available instruments is limited compared to standard accounts. Exness’s broader instrument access and automatic application make it a better choice for Singapore Muslim traders seeking flexibility.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessLibertexWinner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with fast response times (under 1 minute) that suit Singapore’s fast-paced trading environment. Libertex provides support during business hours via live chat and email, with slower response times. For sophisticated Singapore traders who need immediate assistance during market hours, Exness’s round-the-clock support is a clear advantage.

📱

Mobile App Comparison

Mobile FeatureExnessLibertexWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗✗Tie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
Libertex
☆☆☆☆☆
—
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Singapore Guide

Choose Exness if you...

  • Are a high-volume or algorithmic trader needing ultra-low spreads and fast execution
  • Require MT4/MT5 platforms with advanced charting and Expert Advisors
  • Want to deposit instantly via PayNow or Bank Transfer with no fees
  • Prefer a broker with a higher 4.8/5 rating and stronger financial transparency

Choose Libertex if you...

  • Are a beginner trader who values fixed spreads and no commission structure
  • Prefer a simple, all-in-one platform without complex tools
  • Are comfortable with Bank Transfer or Credit Card deposits (no PayNow)
  • Want a broker with a lower minimum deposit requirement of $50
❓

FAQ - Exness vs Libertex in Singapore

Is Exness or Libertex better for Singapore?

+

Can Singapore traders use both brokers legally?

+

Which broker has lower spreads for Singapore traders?

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How do Singapore traders deposit at Exness and Libertex?

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Do both brokers offer Islamic accounts for Singapore?

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Final Verdict - Singapore 2026

Libertex wins overall

For sophisticated Singapore traders, Exness is the clear winner with its 4.8/5 rating, ultra-low spreads from 0.0 pips, and local payment support including PayNow and Bank Transfer. It offers superior execution, advanced MT4/MT5 platforms, and 24/7 support—all essential for active investors in Singapore’s financial hub. Libertex, with its 3.8/5 score, is suitable for beginners who prefer a simple platform and fixed spreads, but it falls short on costs, execution, and local payment options. While both are legal and regulated, Exness’s alignment with Singapore’s trading needs—especially its PayNow integration and MAS-compliant practices—makes it the preferred choice for most traders in the city-state.

Open ExnessOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness 3.5/5
Libertex Winner3.8/5
Full Reviews
Full Exness Review →Full Libertex Review →
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