Singapore's online trading community shrinks to 248,000 active investors, marking the third consecutive year of decline.
Despite the contraction, client satisfaction reaches record levels as investors demand enhanced features and education.
Singapore
Singapore's
online trading landscape is undeniably shrinking. The active trader population declined for the third consecutive year despite reaching unprecedented levels
of client satisfaction.
Singapore Online Trading
Base Contracts Despite Record Satisfaction Levels
The latest
Singapore Online Investing Report by Investment Trends
reveals that the number of active online traders has decreased to 248,000, down
from 264,000 in September 2023. This decline brings the trading population back
to levels last observed in 2018, marking a significant shift in the market
dynamics.
Source: Investment Trends
What
portion of this consists of FX/CFD traders? Although current data is lacking, a
previous Investment Trends report from two years ago suggested that 43,000
retail investors in Singapore engaged in contracts for difference,
representing one in five of all active online traders in the country.
Lorenzo Vignati, Associate Research Director at Investment Trends
“The
online investing market in Singapore is undergoing a recalibration,”
explains Lorenzo Vignati, Associate Research Director at Investment Trends.
“While the decline in active investors poses challenges, the path to
growth lies in brokers' ability to effectively re-engage the vast dormant
client base.”
Despite the
shrinking user base, client satisfaction has reached an all-time high. However,
investors are increasingly demanding enhanced features, with 35% citing live
pricing as crucial, while 32% prioritize enhanced security measures.
Additionally, 28% of traders express interest in sophisticated portfolio risk
management tools.
“Client
satisfaction is at record levels, but the message from investors is clear: they
want more,” explains Vignati.
Singapore
has emerged as a significant market for brokers, as
evidenced by IG Group's fiscal year 2024 financial report. The country was
the only jurisdiction to record higher revenue last year, with increased
trading activity by larger clients producing a 6% increase in income. In its
financial results, IG noted that Singapore “delivered stronger trading
revenue reflecting higher volumes from some of our largest traders.”
Traders Want Education
The report
highlights a strong emphasis on education within the trading community. An
impressive 51% of online investors engage with educational content daily, while
21% consider themselves proficient or expert traders. This high engagement
level signals a robust appetite for continuous learning and professional
development among Singapore's
trading community.
“Education
has become a key differentiator in this market,” notes Vignati. “The
appetite for financial knowledge is substantial, especially among newer
investors eager to build their confidence.”
A similar
outcome was shown in a separate report for the French market, where high demand
for education was
also observed, particularly among new and less experienced investors. The
same situation was noted in
the Italian market.
The
findings suggest that brokers who can adapt to evolving investor expectations
while providing comprehensive educational resources will be better positioned
to capitalize on future growth opportunities.
“For
brokers, investing in high-quality educational content presents a powerful way
to deepen engagement and strengthen client relationships over the long term,”
adds Vignati.
The focus
has clearly shifted from quantity to quality, with successful platforms needing
to balance advanced features with user satisfaction and educational support.
Singapore's
online trading landscape is undeniably shrinking. The active trader population declined for the third consecutive year despite reaching unprecedented levels
of client satisfaction.
Singapore Online Trading
Base Contracts Despite Record Satisfaction Levels
The latest
Singapore Online Investing Report by Investment Trends
reveals that the number of active online traders has decreased to 248,000, down
from 264,000 in September 2023. This decline brings the trading population back
to levels last observed in 2018, marking a significant shift in the market
dynamics.
Source: Investment Trends
What
portion of this consists of FX/CFD traders? Although current data is lacking, a
previous Investment Trends report from two years ago suggested that 43,000
retail investors in Singapore engaged in contracts for difference,
representing one in five of all active online traders in the country.
Lorenzo Vignati, Associate Research Director at Investment Trends
“The
online investing market in Singapore is undergoing a recalibration,”
explains Lorenzo Vignati, Associate Research Director at Investment Trends.
“While the decline in active investors poses challenges, the path to
growth lies in brokers' ability to effectively re-engage the vast dormant
client base.”
Despite the
shrinking user base, client satisfaction has reached an all-time high. However,
investors are increasingly demanding enhanced features, with 35% citing live
pricing as crucial, while 32% prioritize enhanced security measures.
Additionally, 28% of traders express interest in sophisticated portfolio risk
management tools.
“Client
satisfaction is at record levels, but the message from investors is clear: they
want more,” explains Vignati.
Singapore
has emerged as a significant market for brokers, as
evidenced by IG Group's fiscal year 2024 financial report. The country was
the only jurisdiction to record higher revenue last year, with increased
trading activity by larger clients producing a 6% increase in income. In its
financial results, IG noted that Singapore “delivered stronger trading
revenue reflecting higher volumes from some of our largest traders.”
Traders Want Education
The report
highlights a strong emphasis on education within the trading community. An
impressive 51% of online investors engage with educational content daily, while
21% consider themselves proficient or expert traders. This high engagement
level signals a robust appetite for continuous learning and professional
development among Singapore's
trading community.
“Education
has become a key differentiator in this market,” notes Vignati. “The
appetite for financial knowledge is substantial, especially among newer
investors eager to build their confidence.”
A similar
outcome was shown in a separate report for the French market, where high demand
for education was
also observed, particularly among new and less experienced investors. The
same situation was noted in
the Italian market.
The
findings suggest that brokers who can adapt to evolving investor expectations
while providing comprehensive educational resources will be better positioned
to capitalize on future growth opportunities.
“For
brokers, investing in high-quality educational content presents a powerful way
to deepen engagement and strengthen client relationships over the long term,”
adds Vignati.
The focus
has clearly shifted from quantity to quality, with successful platforms needing
to balance advanced features with user satisfaction and educational support.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
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In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
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👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
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🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
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Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
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