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Best Prop Firm for Singapore: Top-Rated Firms & Coupon Codes (2026)

Singapore sits in a convenient time zone for both the Asian and European sessions, and traders here generally face less payment friction than most of the region β€” stable banking, straightforward international transfers, and a tax system that only taxes trading profits in fairly specific circumstances. Below is our ranked best prop firm list for Singapore traders, built from firms with a working checkout and a currently active, verified coupon code pulled live from our database.

Best Prop Firm List for Singapore

  1. #1 Alpha Capital Group
  2. #2 FXIFY
  3. #3 FunderPro
    COUPONTERRA
    Try FunderPro
  4. #4 Finotive Funding
  5. #5 Instant Funding
  6. #6 iFunds
  7. #7 Think Capital
  8. #8 Blueberry Funded
  9. #9 HyroTrader
    PROPFIRMASK
    Try HyroTrader
  10. #10 Funded Trading Plus
  11. #11 DNA Funded
    CTERRA20
    Try DNA Funded
  12. #12 Funded Firm

How We Ranked the Best Prop Firms for Singaporean Traders

We checked each firm for a working signup flow, a currently active verified coupon, and a payout process that reaches Singapore smoothly. The order below blends fast evaluation models with firms that have a longer public payout track record.

Is Prop Firm Trading Legal in Singapore?

Yes. Buying a funded-account evaluation from an offshore proprietary trading firm is legal for Singapore residents. These firms aren't licensed by the Monetary Authority of Singapore (MAS) as capital markets services providers β€” you're paying for account access and a profit-split agreement, not opening a brokerage account regulated under Singapore's Securities and Futures Act, so MAS's broker-licensing rules don't directly apply.

Using Your Prop Firm Coupon Code in Singapore

Copy the code with the icon next to it, then click the firm's "Try" button β€” it opens checkout in a new tab with the referral link attached, which keeps the discount active. If a code here stops working, the firm has rotated its live promotion; this page refreshes from our database automatically, so the current code is already showing.

What Singaporean Traders Should Check Before Buying

  • Tax treatment: Singapore generally doesn't tax capital gains, but IRAS can treat frequent, systematic trading as a trade or business, in which case profits become taxable as income rather than a tax-free gain. Whether a funded-account payout falls on one side or the other depends on how regularly and business-like your trading is β€” confirm with a Singapore tax adviser rather than assuming either way.
  • Payout method: most firms pay via international wire or crypto, converting to SGD on arrival β€” check your bank's fees for incoming foreign transfers.
  • MAS doesn't vet these firms: since prop firm challenges sit outside MAS licensing, there's no local regulatory vetting to rely on β€” your own research into a firm's payout history matters more here than it would for a MAS-licensed broker.
  • Account size vs. experience: a smaller first account is the cheaper way to learn a firm's rules before buying a bigger one.

Our Take

For Singaporean traders, the tax question (capital gain vs. taxable trading income) is worth settling early, since it affects your real return far more than the discount does β€” then pick a firm based on payout reliability and profit split once that's clear.

Frequently Asked Questions β€” Prop Trading in Singapore

What are all the Alpha Capital Group coupon codes?

Alpha Capital Group currently has 8 active coupon codes you can use at checkout:

What are all the FXIFY coupon codes?

FXIFY currently has 2 active coupon codes you can use at checkout:

What are all the FunderPro coupon codes?

FunderPro currently has 2 active coupon codes you can use at checkout:

What are all the Finotive Funding coupon codes?

Finotive Funding currently has 8 active coupon codes you can use at checkout:

What are all the Instant Funding coupon codes?

Instant Funding currently has 11 active coupon codes you can use at checkout:

What are all the iFunds coupon codes?

iFunds currently has 10 active coupon codes you can use at checkout:

What are all the Think Capital coupon codes?

Think Capital currently has 2 active coupon codes you can use at checkout:

What are all the Blueberry Funded coupon codes?

Blueberry Funded currently has 2 active coupon codes you can use at checkout:

What are all the HyroTrader coupon codes?

HyroTrader currently has 2 active coupon codes you can use at checkout:

What are all the Funded Trading Plus coupon codes?

Funded Trading Plus currently has 8 active coupon codes you can use at checkout:

What are all the DNA Funded coupon codes?

DNA Funded currently has 2 active coupon codes you can use at checkout:

What are all the Funded Firm coupon codes?

Funded Firm currently has 2 active coupon codes you can use at checkout:

Is prop firm trading legal in Singapore?

Yes. Singapore residents can legally buy an evaluation or instant-funding challenge from an offshore proprietary trading firm. These firms aren't MAS-licensed capital markets services providers β€” you're paying for account access and a profit-split agreement, not opening a regulated brokerage account.

Do Singaporean traders pay tax on prop firm payouts?

It depends. Singapore generally doesn't tax capital gains, but IRAS can treat frequent, systematic trading as a trade or business, making the profits taxable as income instead. Whether a funded-account payout counts as one or the other depends on your specific trading pattern β€” confirm with a Singapore tax adviser rather than assuming it's automatically tax-free.

Are these prop firms regulated by MAS?

No β€” none of the firms on this list are licensed by the Monetary Authority of Singapore. They sit outside MAS's capital markets services licensing framework since you're paying for account access and a profit-split agreement rather than opening a regulated brokerage account.

Which prop firm is best for beginners in Singapore?

Start with a firm near the top of this list offering a smaller account size at its current discount β€” it's the lowest-cost way to learn a firm's rules before committing to a larger account.

How do I redeem a prop firm coupon code in Singapore?

Click the copy icon next to the code, then click the Try button for that firm to open checkout with the referral link attached. Paste the code into the discount field before paying β€” some firms apply it automatically through the link instead.

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