7 Best Prop Trading Firms in Singapore in 2026

trading-tools-resources | 23-09-25

Prop trading in Singapore is a legal "Independent Contractor" activity. Since firms provide their own capital, they are not regulated as brokers by MAS, making them accessible to retail traders. For Futures, Apex Trader Funding is the top choice for its low-latency connection to US markets. For Forex/CFDs, FTMO and Funding Pips are preferred for their reliable USD payouts to Singapore-based USD accounts (DBS/OCBC) or Wise.

Top 7 Prop Firms in Singapore

1. Apex Trader Funding

Apex Trader Funding is often the first choice for traders in Singapore who want to focus on futures markets. Its affordable evaluations and generous payout model make it accessible, but what truly stands out is its structured rule set. Traders are taught to respect daily loss limits, trailing drawdowns, and account growth checkpoints — skills that directly transfer to professional trading. With platforms like Rithmic, Tradovate, and WealthCharts, Singaporean traders gain access to global-grade tools while learning to manage capital in a disciplined way.

2. Topstep

Topstep is a well-known futures-focused firm with a strong emphasis on trader education. Beyond offering evaluations, it provides learning resources, coaching, and structured pathways that help traders build long-term habits. For Singaporean traders seeking to combine practical trading with a guided learning process, Topstep delivers a balance of opportunity and education.

3. Earn2Trade

Earn2Trade is an education-first firm designed around teaching futures traders. Its “Gauntlet” program is more than an evaluation — it functions as a structured training course that blends lessons with live market testing. For new traders in Singapore, Earn2Trade provides both the theoretical knowledge and the practical pathway needed to build a career in futures trading.

4. OneUp Trader

OneUp Trader appeals to traders who want flexibility while working toward funding. It is a futures-only prop firm with simplified rules and the benefit of no time limits during evaluations. This gives Singaporean traders the ability to learn at their own pace without the stress of artificial deadlines, making it especially useful for those balancing trading with work or study.

5. LeeLoo Trading

LeeLoo Trading has built a strong reputation among futures traders for its low-cost evaluations and community-driven support. Its educational value lies in helping traders refine consistency through simple but effective rule structures. For Singaporean traders, LeeLoo provides both affordability and a peer-based learning environment that encourages persistence and discipline.

6. Take Profit Trader

Take Profit Trader streamlines the evaluation process with clear, futures-focused rules. Its step-by-step funding approach is designed to reinforce good habits, ensuring traders grow steadily without rushing. For Singaporean participants, this firm provides a structured way to scale into larger accounts while staying accountable to risk management standards.

7. UProfit Trader

UProfit Trader offers a futures-only funding model with emphasis on transparency and education. Its dashboards and trader analytics tools give participants feedback that helps improve decision-making. For those in Singapore aiming to track performance and refine strategies in real time, UProfit serves as both a funding source and an educational resource.

Educational Benefits for Singapore Traders

For traders in Singapore, prop firms also provide structured exposure to global futures markets. This educational value includes:

• Hands-on experience with professional platforms like Rithmic, Tradovate, and WealthCharts.
• Feedback tools such as dashboards that track rule compliance and performance metrics.
• Scaling frameworks that reward discipline by gradually increasing buying power.
• Community learning through trader networks and mentorship opportunities that some firms support.

🇸🇬 The "Singapore Power" Setup: Payouts & Compliance

Being a prop trader in Singapore in 2026 is a professional business activity. To maximize your take-home pay and stay on the right side of the IRAS, follow these local standards:

• Use a Dedicated USD Account: Avoid the "hidden" 2-3% conversion fees. Open a DBS MyAccount or Standard Chartered USD account to receive your payouts in their native currency. You can then use Wise or wait for favorable SGD rates to convert.
• File Form B (Not Form B1): Declare your payouts as Business Income under "Trade, Business, Profession or Vocation." Since there is no withholding tax from US firms (if you've submitted your W-8BEN), you are responsible for reporting this income to IRAS annually.
• GST Registration (S$1M Rule): Note that if your annual trading payouts exceed S$1 million, you must register for GST (9%), as you are technically providing a service to a foreign firm.
• Latency is Your Edge: Singapore is ~15,000 km from the CME servers in Chicago. To compete, never trade from a home fiber connection alone. Always use a New York or Chicago-based VPS to bring your execution time down from ~200ms to under 15ms.

Singapore Latency Checklist: Going Sub-15ms

For high-frequency futures trading on Apex or Topstep, your data packets have to travel across the Pacific. Use these 2026-optimized providers for the best "Singapore-to-Chicago" routing:

• Beeks Financial Cloud: Known for institutional-grade cross-connects specifically for Singaporean firms.
• QuantVPS: Offers specialized CME-optimized servers in Aurora, IL, with high-speed fiber links back to Asian hubs.
• ChartVPS: Best for visual traders who need high-performance GPU rendering for complex order flow charts on platforms like Bookmap.
   

Final Thoughts

In Singapore’s fast-paced financial environment, proprietary trading firms provide more than just access to capital. They act as educational ecosystems, where traders learn to balance risk, strategy, and discipline in a structured way.

Whether it’s Apex trader funding leading in futures, Earn2Trade blending learning with live markets, or OneUp giving traders flexibility to grow at their own pace, the right firm depends on a trader’s goals. Start your journey today with a 25K Rithmic account or a 50K Tradovate account and trade with the tools professionals use.