News
AI most important News (last 24h)
FinanceMagnets
Published on 2026-03-10 | 2 hours ago
Over Half of Singapore CFD Traders Prefer One Platform: Brokers Race to Win Back Inactive Clients
As the CFD market in Singapore kicks back into growth,
providers need to ensure that their customer service management meets the
expectations of new and existing clients alike.Brokers Focus on Winning Back Inactive TradersBrokers cannot afford to get it wrong with previously
inactive traders returning to the market. First impressions last and Lorenzo
Vignati, associate research director at Investment Trends refers to a shift
from expansion to engagement in the Singapore market, where brokers must now
focus on winning back traders who stopped participating.Join the inaugural Finance
Magnates Singapore Summit 2026, which will bring together brokers,
fintechs, banks, EMIs, wealth managers, and hedge funds across APAC.Relationship management isn’t about sales; it’s about
responsiveness, transparency and consistency, offering clients access to
in-depth research, actionable insights and educational material to support the
trading journey, says Phil Waters, managing director for Asia Pacific and
emerging markets for OANDA.“That also means very clear communication around risk and
pricing,” he adds. “When clients return to the market after being inactive, the
experience they have in those first few weeks really determines whether they
stay engaged.”Lim Jian Yi, head of dealing, contract for difference at
Phillip Securities agrees that customer relationship management is highly
important to CFD traders
and notes that brokers can enhance client satisfaction through proactive
engagement - particularly during periods of heightened market volatility - as
well as by providing personalised service.“CFD traders in Singapore place a high premium on trust,
reliability and service quality,” says Andreas Wigström, managing director of
LMAX Global. “Satisfaction is driven by consistent execution, platform
stability and proactive communication.""Poor experiences or weak support -
rather than price alone - are often the deciding factors when traders choose to
switch providers.”Human Support Still Matters in a Digital Trading
EnvironmentIn an environment shaped by constantly evolving regulations
and risk considerations, traders in Singapore value human accessibility in a
digital platform age, suggests Ademola Olopade, group head of prime brokerage
and investment Solutions and CEO of Mauritius, CGS International Securities.“Margin communication, corporate actions and execution
transparency significantly influence long-term client retention,” he says. “The
three most important factors in customer relationship management are execution
reliability of the broker, clear and consistent risk frameworks and proactive
communication during
volatile markets.”Yaki Razmovich, managing director, eToro Singapore and Asia,
says his firm’s strategy includes providing both human and AI-driven
support through different channels (including help centre and live chat)
and an AI agent that helps customers explore the market, analyse their
portfolios, learn about investing and navigate the platform as well as a
loyalty programme.“A quality service is an important factor in determining
whether traders stay active,” agrees Robson Lee, assistant honorary secretary
of the Securities Investors Association (Singapore). “Brokers can ensure
customer satisfaction and boost retention rates by focusing on a combination of
reliable technology, competitive pricing, high-touch support and educational
resources.”Demand Grows for Unified Multi-Asset Trading PlatformsThe issue of platform stability arose in Investment Trends'
2025 Singapore Leverage Trading Report, which found that more than half of CFD
traders in Singapore want to manage all leveraged products through a single
platform.Waters observes that managing FX, indices, commodities and
share CFDs across multiple accounts adds friction and that a unified,
multi-asset environment makes funding simpler, reporting cleaner and risk
management more transparent.“That has been a big shift in recent years,” he says.
“Traders want institutional-style functionality but delivered through a single,
intuitive platform experience.”There is a clear and growing preference for managing all
leveraged products through a single, multi-asset
platform. Traders value the efficiency this brings in terms of simpler
funding, lower overall costs and a consolidated view of risk across positions.That is the view of Wigström, who says this shift is
accelerating consolidation in the market as platforms compete to offer broader,
more integrated solutions.Olopade refers to CFD traders in Singapore increasingly
seeking streamlined collateral management and real-time exposure tracking,
noting that managing US equities, commodities and other CFD products within a
unified margin framework improves capital efficiency and holistic portfolio
visibility and describing integrated multi-asset capability as a strong
competitive differentiator.Multi-asset trading is now a defining segment of Singapore’s
investor landscape, agrees Razmovich. “Many traders prefer to use a single
platform as it also means they just need to fund one account and grouping
uninvested funds can generate more interest.”What Singapore CFD Traders Look for in a BrokerIn terms of the factors CFD traders take into account when
choosing a trading platform, Waters reckons that trust is still the foundation
and that being regulated in Singapore matters.“After that, it comes down to execution quality, pricing
transparency and platform capability,” he says. “Traders want competitive spreads,
reliable fills and tools that allow them to manage risk properly, including
features like guaranteed stop-loss orders. Platform flexibility is also
important since some prefer TradingView’s interface, while others trade
algorithmically on MT4 or MT5.”Waters adds that traders in Singapore are highly rational in
how they choose a broker, looking at longevity, stability and whether the
broker has been through multiple market cycles.The range of asset classes and functionalities such as
charting tools and AI-powered insights are important considerations, suggests
Razmovich, while new or less experienced retail investors can benefit from
platforms that provide educational resources and allow them to learn and engage
with a community as they develop their portfolio.“Costs also matter, as spreads, commissions and other fees
can impact returns over time,” he says.“Finally, security and compliance are vital. Choosing a
trusted platform that understands the nuances and regulatory standards of your
country should be a high priority.”Singaporean traders typically balance cost against
reliability and institutional-grade infrastructure according to Olopade, while
Wigström says trust and regulatory credibility are the starting point, followed
closely by execution quality, transparency and total cost of trading.For inexperienced traders, the focus would be on the ease of
use of the trading platform and availability of educational resources, agrees
Lee.“Traders are likely to be more sensitive to the credibility
and legality of trading platforms, particularly when the Monetary Authority of
Singapore has been cracking down on unregulated platforms that offer high
leverage, trading bonuses or zero transparency to protect retail investors,” he
concludes.
This article was written by Paul Golden at www.financemagnates.com.
Latest News View more
COINGAPE | Published on 2026-03-10 | 4 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
1
COINGAPE | Published on 2026-03-10 | 4 mins ago
COINGAPE | Published on 2026-03-10 | 9 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
2
COINGAPE | Published on 2026-03-10 | 9 mins ago
NEWS BTC | Published on 2026-03-10 | 9 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
3
NEWS BTC | Published on 2026-03-10 | 9 mins ago
COINDESK | Published on 2026-03-10 | 10 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
4
COINDESK | Published on 2026-03-10 | 10 mins ago
COINTELEGRAPH | Published on 2026-03-10 | 17 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
5
COINTELEGRAPH | Published on 2026-03-10 | 17 mins ago
COINDESK | Published on 2026-03-10 | 24 mins ago
Bullish
ND
Bullish
Bullish
Neutral
ND
Neutral
Neutral
Bearish
ND
Bearish
Bearish
6
COINDESK | Published on 2026-03-10 | 24 mins ago