Best Prop Firms in Singapore for 2024

9.10. 20242657x

Here’s the detailed comparison of the top rated proprietary trading firms available in Singapore:

(Scroll/swipe the table to your left ← or right → to view all providers)

Features	RebelsFunding	FTMO	the5ers	Alpha Group Capital
Price range	$25 – $890	€155 – €1,080	$39 – $850	$97 – $997
Max capital allocation	$640,000	$400,000	$4,000,000	$400,000
Payment/Withdrawal methods	Bank Card, Crypto, Wise, Rise	Skrill, Crypto, Card, Bank	Wise, Card, Crypto, Bank	Crypto & Bank card
Profit split	80% – 90%	80% – 90%	50% – 100%	80%
Refund (after a successful completion of an evaluation process)	Yes, up to 200% refund of your account’s purchase fee	Yes	No	No
Free trial	Yes	Yes	No	Yes
No time limit	Yes	Yes	No and Yes (it depends on the program)	Yes
Trading platform	RF-Trader (in-house trading platform)	MetaTrader 4, MetaTrader 5, DXtrade and cTrader (third party platforms)	MetaTrader 5	Match-Trader, cTrader
Instruments	Forex, Metals, Energies, Crypto, Indices & Equities	Indices, Commodities, Stocks, Crypto, Forex	Securities, Forex, Metals, Indices	CFD, Forex, Metals
News trading	Yes, allowed	Allowed	Allowed	Allowed
Weekend holding	Allowed	Allowed	Allowed	Allowed
Overnight holding	Allowed	Allowed	Allowed	Allowed
EAs	Not allowed	Allowed	Allowed	Allowed
Customer Service	Responsive (24/7)	Responsive	Responsive	Responsive
Rating (Trustpilot)	4.4 / 5.0	4.8 / 5.0	4.8 / 5.0	4.5 / 5.0

RebelsFunding is one of the most trusted prop firms in Singapore, Asia.

It offers its affordable programs to traders based in Singapore, along with access to an advanced trading platform.

What to consider when choosing a prop firm in Singapore?

1. Reputation

Before you proceed to picking a firm, know how credible and trustworthy it is.

It is important to run a deep background check: Does the company have a face? Who is behind it? Does it have a verifiable address?

Select a prop firm that ticks these boxes.

You want to choose a company that has a pleasing review on Trustpilot and other reliable sources like forums for example.

Hear what existing traders have to say about it.

2. Program prices & profit-split structure

Can you afford to buy the trading program? Is the profit-sharing model beneficial to you?

We all want something we can afford and at the same get value for it.

Check if the fees for their programs are budget-friendly or what you can pay.

TIP: Get funded first with a small payment and gradually scale up.

3. Start with a Free trial

If you don’t have the funds to buy an account or you just want to familiarise yourself with proprietary trading, free trial is the way.

This may create a space for you to feel safe and comfortable without risking too much money.

Not all providers offer a free trial though, therefore do prior to depositing.

4. Trading platforms

Trading platform is yet another important factor to consider.

Is the prop firm utilising a third party or in-house trading platform? Does the platform have tools that can enhance or improve your trading experience?

I recommend you choose a firm with in-house trading software such as RF-Trader if you don’t want to be affected by sudden policy changes by third party platforms.

RF-Trader is integrated with TradingView chart. It has a risk management calculator, ask & bid charts (you can view spread history) and make informed speculations.

You want to pick a firm that would not suspend operations due to dependence on third party platforms.

Over the years, we’ve seen some proprietary firms shut down because they could not meet the new requirement (or policy update) of a third party trading software (example, MetaTrader).

Meanwhile, their unexpected downfall would have been averted if they had their own trading platform. In this industry, independence means reliable, and reliable means sustainable.