7 Best PAMM Account Brokers in Singapore
The 7 Best PAMM Account Forex Brokers in Singapore revealed. Our in-depth research determines the top seven PAMM account Forex brokers for Singapore traders.
We provide a comprehensive guide to selecting the best broker for your trading strategy by examining each broker’s regulatory framework, performance records, cost efficiency, and support services.
In this in-depth guide, you’ll learn about the following:
- What is a PAMM Account, and How Do They Benefit Singaporeans?
- The 7 Best PAMM Account Forex Brokers in Singapore
- How To Open A PAMM Account in Singapore
- Our Conclusion on the 7 Best PAMM Account Forex Brokers in Singapore
- Popular FAQs about the 7 Best PAMM Account Forex Brokers in Singapore
And lots more…
So, if you’re ready to go “all in” with the 7 Best PAMM Account Forex Brokers in Singapore…
Let’s dive right in…
- Candice Barnes
10 Best Forex Brokers in Singapore
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is a PAMM Account, and How Do They Benefit Singaporeans?
As we explore the intricacies of forex trading in Singapore, it becomes clear that Percentage Allocation Management Module (PAMM) accounts deserve special consideration.
These accounts, which bring together investments under the guidance of an experienced trader, provide a unique approach with both advantages and disadvantages worth exploring.
If you’re based in Singapore and looking to get into forex trading without much experience, PAMM accounts can be a great starting point.
Investors have the opportunity to benefit from the expertise and market knowledge of skilled traders by entrusting them with their capital. This is particularly attractive for individuals lacking the time or expertise to oversee their forex investments actively.
However, it is important to approach PAMM accounts with a sense of cautious optimism. Thorough research is essential when selecting a PAMM manager.
In our experience, Singaporeans must thoroughly evaluate factors such as the manager’s historical performance, preferred trading strategies, risk management protocols, and associated fees.
In addition, it is essential to have a comprehensive grasp of the specific terms stated in the PAMM agreement to ensure they align with an investor’s individual financial goals and risk tolerance.
Overall, we found that PAMM accounts provide Singaporean investors with a distinctive opportunity to participate in the forex market, providing them with convenience and the potential for appealing returns.
Thorough research and careful consideration of individual circumstances are essential when making informed and successful investment choices.
7 Best PAMM Account Brokers in Singapore – Comparison
| 🔍Broker | 🫴🏻PAMM Account | 🚀Open an Account | 💵Minimum Deposit | 🌟Investor Protection |
| 🥇FXCM | ✅ Yes | 👉 Click Here | Varies, typically around $200 | Negative balance protection and client fund segregation |
| 🥈Alpari | ✅ Yes | 👉 Click Here | Varies but is set at an accessible level | Audited by Baker Tilly Russaudit |
| 🥉Dukascopy | ✅ Yes | 👉 Click Here | $100 | Up to 100,000 CHF |
| 🏅Vantage Markets | ✅ Yes | 👉 Click Here | Low and accessible but varies | Segregated accounts held with banks like National Westminster Bank and Barclays |
| 🏆Skilling | ✅ Yes | 👉 Click Here | Relatively low and varies | Offered through CySEC subsidiary up to 90% or 20,000 EUR |
| 🥇Pepperstone | ✅ Yes | 👉 Click Here | Varies | Negative balance protection, segregated accounts |
| 🥈Fusion Markets | ✅ Yes | 👉 Click Here | No minimum deposit requirement to start trading | Client funds are held in segregated accounts with banks like HSBC and National Australia Bank |
7 Best PAMM Account Brokers in Singapore (2025)
- ☑️FXCM – Overall, the Best PAMM Account Broker in Singapore
- ☑️Alpari – Excellent Educational Resources
- ☑️Dukascopy – Best ECN Broker for Beginners
- ☑️Vantage Markets – Leading Multi Asset Broker
- ☑️Skilling – Best CFD Broker
- ☑️Pepperstone – Best Forex Trading Platforms
- ☑️Fusion Markets – Best Discount Broker
FXCM
We found that FXCM is a standout choice in the PAMM account landscape, offering a robust platform that specifically caters to the needs of Singaporean investors seeking a managed forex trading experience.
Upon examining their offerings, it becomes evident that they focus on combining technology with user-centric features. Investors can easily allocate their funds on the platform, ensuring their capital is distributed according to their preferred strategies.
Singaporeans will find great value in the convenience of accessing global markets through FXCM’s PAMM services.
Overall Rating
- 4.9/5
Min Deposit
68 SGD ($50)
Regulators
FCA, ASIC, FSCA, CySEC
Trading Desk
MT4
Crypto
Yes
Total Pairs
42
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
In our experience, this allows them to benefit from the knowledge and experience of experienced traders. Investors can greatly benefit from the transparency of the performance metrics on FXCM’s platform, allowing them to monitor their investments closely.
After careful analysis, it is clear that FXCM’s PAMM services are tailored to offer a comprehensive and user-friendly managed trading solution, making it an attractive option for investors in Singapore.
Unique Features
| ⌛Regulatory Compliance | Well-regulated by international entities |
| ⛔Investor Protection | Negative balance protection and client fund segregation |
| 🏦Historical Performance | Varies according to the PAMM manager |
| ✔️Consistency | Depends on the performance of the PAMM managers |
| 🌟Risk Management Options | Advanced tools are available, including limit orders, stop-loss orders, etc |
| 💷Management Fees | Varies by manager |
| 💶Performance Fees | According to the PAMM agreement |
| 💜Platform Usability | User-friendly, robust features |
| 👥Customer Support | Available across various channels, multilingual |
| 🗣️Language Support for Vietnam | English support is available, along with a few other languages |
| 💵PAMM Account Minimum Deposit | Varies, typically around $200 |
| 📈Investment Flexibility | High, with the option to choose from different managers |
| 💳Withdrawal Terms | Depends on the PAMM agreement |
| 📝Performance Reports | Real-time performance tracking and reporting using the platform |
| 🕰️Real-Time Monitoring | Real-time monitoring from the platform |
| 🧐Auditing and Verification | Regular audits are done |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Multi-regulated in several regions | There are high minimum deposits on some accounts |
| There are transparent performance metrics | Fees vary per the PAMM manager, which can be confusing |
| Offers comprehensive customer support in various languages | Fewer educational materials than other brokers |
Alpari
Alpari has established itself as a leader in the industry by offering a PAMM account service that is user-friendly and packed with advanced features. The platform provides a sophisticated and detailed statistical analysis of fund managers’ performance, leaving a strong impression of professionalism.
We found this especially advantageous for Singapore traders who depend on data-driven decisions. Alpari prioritizes user satisfaction by ensuring a seamless and intuitive experience for investors.
Overall Rating
- 4.7/5
Min Deposit
USD 100
Regulators
FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
This is evident in the easy navigation of fund managers’ profiles and strategies. In addition, the educational resources provided on Alpari’s platform enable Singaporeans to make well-informed investment decisions.
In our opinion, Alpari stands out as a top choice for discerning Singaporean traders due to its commitment to combining thorough analytics with a simple investment process.
Unique Features
| ⌛Regulatory Compliance | Adheres to international financial standards |
| ⛔Investor Protection | Audited by Baker Tilly Russaudit |
| 🏦Historical Performance | Precise PAMM account performance indicators |
| ✔️Consistency | Considers drawdown and growth rates over specific periods |
| 🌟Risk Management Options | Diversify portfolios by investing in multiple PAMM accounts with varying risk profiles |
| 💷Management Fees | Listed on the accounting proposal |
| 💶Performance Fees | Included in account proposals |
| 💜Platform Usability | User-friendly platform |
| 👥Customer Support | Responsive, includes help centers |
| 🗣️Language Support for Taiwan | Multiple languages, including Traditional Chinese |
| 💵PAMM Account Minimum Deposit | Varies but is set at an accessible level |
| 📈Investment Flexibility | Investors can choose from various accounts and portfolios |
| 💳Withdrawal Terms | Can withdraw profits or entire investment at any time |
| 📝Performance Reports | Detailed reports with third-party auditing |
| 🕰️Real-Time Monitoring | Can be accessed through myAlpari |
| 🧐Auditing and Verification | Regular audits and verification |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| There are detailed performance reports | Performance fees are high |
| Offers a user-friendly experience | Limited withdrawal options |
| The minimum deposit on PAMM accounts is low | Limited customer support hours |
| There is a range of PAMM account options and managers available | Not regulated in Singapore |
Dukascopy
Dukascopy offers a PAMM account service known for its precision and reliability. Ensuring a secure environment for investors is their top priority, as they understand the importance of safety in forex trading, especially for Singaporeans.
The platform’s interface has been carefully crafted to ensure that investors can easily grasp the trading style of each money manager.
Overall Rating
- 4.9/5
Min Deposit
135 SGD ($100)
Regulators
JFSA, FINMA
Trading Desk
MT4
Crypto
Yes
Total Pairs
18
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
This enables them to align their financial goals with the manager’s approach effectively. Dukascopy’s platform is equipped with powerful risk management tools, demonstrating their deep understanding of the intricacies of forex trading.
Overall, we believe Dukascopy’s PAMM service is a reliable and trustworthy option for Singaporean investors seeking a secure and transparent investment platform.
Unique Features
| ⌛Regulatory Compliance | Multi-regulated by entities like FINMA, FCMC, JFSA, etc. |
| ⛔Investor Protection | Up to 100,000 CHF |
| 🏦Historical Performance | Extensive data available |
| ✔️Consistency | Regular updates, performance tracking |
| 🌟Risk Management Options | Comprehensive options like allocating trades across accounts, using robust platforms, etc. |
| 💷Management Fees | Volume-based commissions |
| 💶Performance Fees | Based on the profits that managers generate |
| 💜Platform Usability | Highly customizable and user-friendly |
| 👥Customer Support | Robust, 24/5, multilingual |
| 🗣️Language Support for Vietnam | Multiple languages |
| 💵PAMM Account Minimum Deposit | $100 |
| 📈Investment Flexibility | Various managers and strategies available |
| 💳Withdrawal Terms | Depends on the terms of the account agreement |
| 📝Performance Reports | Freely available |
| 🕰️Real-Time Monitoring | Available through the platforms |
| 🧐Auditing and Verification | Regular audits and verification |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Extremely well-regulated | The platform interface can be complex for beginners |
| Robust risk management tools available | Manager performance can vary |
| Detailed historical performance data | Fewer education materials than other brokers |
| Customer support is multilingual and extremely helpful | Withdrawal terms are extremely strict |
Vantage Markets
Vantage Markets offers a unique approach to PAMM accounts, prioritizing adaptability and giving clients more control over their investments. The platform’s design caters to the demands of today’s traders, who value control and adaptability.
We believe that investors from Singapore will be drawn to the PAMM offerings due to their high level of customizability, which enables them to personalize their investment experience.
Overall Rating
- 4.9/5
Min Deposit
68 SGD ($50)
Regulators
CIMA, VFSC, FSCA, ASIC |
Trading Desk
MT4
Crypto
Yes
Total Pairs
49+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Vantage Markets showcases a strong dedication to innovation, allowing investors to adapt their allocations in real-time to keep up with market fluctuations.
Clients who choose Vantage Markets can expect to achieve mastery over their investments. Furthermore, Singaporeans can rely on a platform that is not only responsive but also robust, ensuring their financial needs are met.
Unique Features
| ⌛Regulatory Compliance | Well-regulated by FCA |
| ⛔Investor Protection | Segregated accounts held with banks like National Westminster Bank and Barclays |
| 🏦Historical Performance | Historical performance data available |
| ✔️Consistency | Through performance tracking and reporting |
| 🌟Risk Management Options | Portfolio diversification, pooling funds with managers |
| 💷Management Fees | Vary, according to the manager, detailed in the investment proposal |
| 💶Performance Fees | Includes performance fees in PAMM account structures |
| 💜Platform Usability | User-friendly, supports automated trading |
| 👥Customer Support | Comprehensive, responsive, multilingual |
| 🗣️Language Support for Taiwan | Multilingual support |
| 💵PAMM Account Minimum Deposit | Low and accessible but varies |
| 📈Investment Flexibility | Various investment options |
| 💳Withdrawal Terms | According to terms specified in account agreements |
| 📝Performance Reports | Readily available |
| 🕰️Real-Time Monitoring | Available on the platform |
| 🧐Auditing and Verification | Regular audits and verification |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| FCA-regulated broker with a good reputation and track record | The management fees vary, which can be confusing |
| Customer support is extremely comprehensive and available in several languages | Experiences technical issues |
| The risk management tools are robust | Performance consistency depends on the manager |
Skilling
Skilling’s approach to PAMM accounts is refreshingly simple, removing the unnecessary complexity often found in forex trading.
The platform focuses on providing clear and simple investment options, which appeal to Singaporeans who appreciate a straightforward approach to investing.
Overall Rating
- 4.9/5
Min Deposit
135 SGD ($100)
Regulators
CySEC
Trading Desk
Skilling Trading Platform
Crypto
Yes
Total Pairs
73
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Skilling’s PAMM service stands out with its user-friendly interface, making it easy for investors to select and monitor fund managers without confusion.
We also found that the platform’s investment process is designed to be both simple and comprehensive, providing users with a wide range of tools for analyzing performance. Skilling is a reliable choice for individuals seeking a simple yet powerful PAMM account experience in Singapore.
Unique Features
| ⌛Regulatory Compliance | Multi-regulated, including CySEC and FSA |
| ⛔Investor Protection | Offered through CySEC subsidiary up to 90% or 20,000 EUR |
| 🏦Historical Performance | Available |
| ✔️Consistency | Transparency and consistency are emphasized through performance metrics and regular updates on performance |
| 🌟Risk Management Options | Robust tools like dynamic leverage |
| 💷Management Fees | Specified in each investment proposal |
| 💶Performance Fees | Charged based on the profits generated by the managers |
| 💜Platform Usability | User-friendly features like direct connectivity, real-time monitoring, automated trading, etc. |
| 👥Customer Support | Extensive and responsive |
| 🗣️Language Support for Taiwan | Multilingual options |
| 💵PAMM Account Minimum Deposit | Relatively low and varies |
| 📈Investment Flexibility | Flexible options across markets |
| 💳Withdrawal Terms | Specified in PAMM account agreements |
| 📝Performance Reports | Detailed reports offered |
| 🕰️Real-Time Monitoring | Through the dashboard |
| 🧐Auditing and Verification | Regulatory track record and adheres to strict compliance standards |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Well-regulated by entities like FCA and CySEC, ensuring a transparent trading environment | Limited advanced features compared to other PAMM brokers |
| The risk management tools are robust and helpful | Not regulated by MAS in Singapore |
| There is a low minimum deposit to get started | Withdrawal fees might apply |
Pepperstone
Pepperstone’s PAMM service demonstrates their deep understanding of the intricate requirements of forex investors. The platform strongly emphasizes transparency and performance, providing users with a clear view of managers’ track records.
We’ve found that transparency is essential for Singaporeans who value seeing and understanding their investment strategies and results.
Overall Rating
- 4.9/5
Min Deposit
USD 10
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView, Pepperstone Platform
Crypto
Yes
Total Pairs
1000+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pepperstone’s offerings strike a harmonious balance between cutting-edge technology and a user-centric design, catering to the needs of both novice and experienced investors.
Overall, our research shows that Pepperstone’s PAMM accounts are designed to cater to the needs of the Singaporean market, offering a seamless combination of innovation, transparency, and user engagement.
Unique Features
| ⌛Regulatory Compliance | Well-regulated in multiple regions |
| ⛔Investor Protection | Negative balance protection, segregated accounts |
| 🏦Historical Performance | Reliable and consistent |
| ✔️Consistency | Consistent performance, competitive conditions, fast execution speeds |
| 🌟Risk Management Options | Several tools, including stop-loss orders, margin levels, etc. |
| 💷Management Fees | Flexible, charged monthly |
| 💶Performance Fees | According to the agreement between the investor and the PAMM manager |
| 💜Platform Usability | Various user-friendly platforms |
| 👥Customer Support | Multilingual support |
| 🗣️Language Support for Vietnam | Multilingual |
| 💵PAMM Account Minimum Deposit | Varies |
| 📈Investment Flexibility | Range of options |
| 💳Withdrawal Terms | Depends on the agreement |
| 📝Performance Reports | Readily available through the platforms |
| 🕰️Real-Time Monitoring | Through the platform and tools |
| 🧐Auditing and Verification | Regularly done |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Multi-regulated and trusted by traders globally | Fees can be high |
| Offers stop-loss orders, margin levels, and other risk management | The platform has reports of glitching |
| Trade execution speeds are reliably fast | Management fees can vary greatly |
Fusion Markets
Fusion Markets sets itself apart by offering a PAMM account that focuses on being cost-effective and easily accessible. The platform stands out with its attractive fee structure, appealing to Singaporeans seeking value in their investments.
Fusion Markets’ service is focused on making forex trading accessible to investors of all levels, enabling them to benefit from the expertise of professional traders. In addition, the platform’s dedication to providing affordable options does not compromise the high quality of its offerings.
Overall Rating
- 4.9/5
Min Deposit
2 SGD ($1)
Regulators
ASIC, VFSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
90+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
We found that Fusion Markets offers a comprehensive range of analytical tools to track the performance of fund managers effectively.
Fusion Markets is revolutionizing the PAMM industry by combining affordability and quality, creating an appealing option for budget-conscious investors in Singapore.
Unique Features
| ⌛Regulatory Compliance | Multi-regulated |
| ⛔Investor Protection | Client funds are held in segregated accounts with banks like HSBC and National Australia Bank |
| 🏦Historical Performance | Available on the platform |
| ✔️Consistency | Detailed metrics and historical data |
| 🌟Risk Management Options | Variety of order types, allocation methods |
| 💷Management Fees | Specified in each proposal |
| 💶Performance Fees | Based on the profits of investment managers |
| 💜Platform Usability | Robust platform through MetaFX |
| 👥Customer Support | Comprehensive, responsive, multilingual |
| 🗣️Language Support for Taiwan | Multilingual, includes Traditional Chinese |
| 💵PAMM Account Minimum Deposit | No minimum deposit requirement to start trading |
| 📈Investment Flexibility | Extremely flexible |
| 💳Withdrawal Terms | No additional fees for withdrawals |
| 📝Performance Reports | Detailed performance reports |
| 🕰️Real-Time Monitoring | Available through the dashboard |
| 🧐Auditing and Verification | Undergoes regular audits |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Cost-effective PAMM solutions | Limited advanced features |
| There is no minimum deposit to start using PAMM solutions | Performance tracking can be inconsistent |
| There are no withdrawal fees | Fewer investment options than rivals |
How To Open A PAMM Account in Singapore
After extensive research on forex trading in Singapore, we are ready to provide valuable information on setting up a PAMM (Percent Allocation Management Module) account.
Although the process may not be overly complicated, it is important to remember a few important steps and considerations to have a seamless and prosperous entry into managed forex trading.
Navigating PAMM Account Regulations in Singapore
Before jumping into the setup of a PAMM account, it is essential to acquaint oneself with the forex trading regulations in Singapore.
Strict regulations have been implemented by the Monetary Authority of Singapore (MAS) to safeguard investors, and brokers offering PAMM accounts are required to comply with these rules.
We highly recommend that you conduct thorough research on these guidelines or seek guidance from a financial advisor to understand how they might impact your investments.
Understanding this information is vital for meeting regulatory requirements and will provide assurance when selecting a PAMM broker.
Choosing a Trustworthy PAMM Broker
Choosing the right broker is an important part of establishing your PAMM account. Singapore has a diverse range of brokers, each offering distinct advantages.
We urge Singaporeans to go beyond the flashy marketing and carefully evaluate the broker’s performance history, the clarity of their PAMM account options, and the effectiveness of their risk management tactics.
Choosing a broker regulated by MAS is essential for added security and peace of mind. Researching customer reviews and seeking advice from seasoned traders can help you find a broker that shares your investment goals and principles.
Registering and Funding Your PAMM Account
After selecting a broker, the next crucial step is completing the PAMM account registration process.
Typically, individuals must complete an online application form and provide the necessary identification documents to meet the Know Your Customer (KYC) regulations requirements.
Once the verification process is complete, it will be necessary to deposit funds into your account. Consider your investment budget and the allocation strategy you wish to employ.
Traders in Singapore have a range of funding options at their disposal, including bank transfers and online payment systems. We remind traders to select the option that aligns with their needs and financial objectives.
Selecting a PAMM Fund Manager
Finally, choosing the right fund manager is essential, as their expertise and trading style will directly impact how your investment performs.
In our experience, it’s important to carefully evaluate the manager’s trading history, risk tolerance, and investment strategy. Brokers offer each manager comprehensive profiles and performance statistics, providing valuable resources to help you make an informed decision.
Starting with a modest investment is a prudent approach to evaluate the manager’s performance and ensure it meets your expectations.
In Conclusion
Our exploration of PAMM account forex brokers in Singapore has been illuminating, revealing a landscape rich with opportunities yet requiring astute navigation.
The positives are clear: investors have access to a range of brokers that offer the chance to leverage the expertise of seasoned traders, with the added benefit of regulatory oversight by the MAS. This provides a reassuring balance of potential growth and investor protection.
However, investing through a PAMM account should not be taken lightly. The inherent risks of forex trading are compounded by the reliance on fund managers, whose performance can never be guaranteed.
Additionally, we found that the varying fee structures and performance metrics across platforms can be a labyrinth for the uninitiated, potentially obscuring investments’ true cost and value.
In our final thoughts, while the PAMM system offers a compelling avenue for diversification and passive income, it demands a proactive approach to due diligence and a clear understanding of one’s risk tolerance.
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Frequently Asked Questions
How do PAMM accounts help Singapore investors?
PAMM accounts allow Singaporean investors to participate in the forex market without having substantial trading experience. They can benefit from the experience of professional traders, perhaps earning returns without actively managing their portfolios.
Can I edit the terms of my PAMM account offer after it has been submitted?
No, once the parameters of the PAMM offer are filed, they cannot be modified. The company’s manager will approve the offer’s parameters.
Who administers the PAMM account?
A skilled trader manages the PAMM account, and the company records the operation’s results at the end of each investment period.
How can I track the performance of my PAMM account?
On the PAMM statistics page, investors can track the performance of their account money and learn about closed transactions.
Are there any risks involved with PAMM accounts?
Yes, the profit or loss of a PAMM account is determined by the activity of its management, and there is always the danger of potential loss.
Can anyone besides the investor withdraw funds from a PAMM account?
No, only the investor may withdraw funds from a PAMM account.
