eToro is a well regulated Broker offering one of the most popular Trading platforms globally unfortunately, eToro does not open trading accounts to clients residing in Singapore (As of December 2020).
CAN I TRADE WITH ETORO IN SINGAPORE?
XM is a Forex and CFD broker with one of the largest market penetration rates because it provides a large number of currency pairs and CFDs on international financial instruments like stocks, indexes, metals and energy. These instruments are available through MetaTrader 4 and 5, two of the most popular Trading Platforms worldwide. XM has more than 2.5 million accounts from clients all over the world and is aimed at beginners and professional investors. A cool thing about XM is that it offers a USD 30 bonus for new accounts [The bonus doesn't require you to deposit money in advance]. So, go ahead, claim the bonus, and try XM, it is indeed a great alternative to eToro for local clients. By the way, opening a Trading account with XM from Singapore is quite easy, you just need to upload an ID and a Utility bill through their App.