Pepperstone, our pick, offers more than 1,100 share CFDs to Singapore residents, with US shares at US$0.02 per share commission and more than 100 US names tradable 24 hours a day on weekdays. MAS-licensed IG Asia, CMC Markets Singapore and OANDA Asia Pacific also offer US share CFDs under local regulation.
Short answer: Pepperstone is our pick for US share CFDs on cost per share and 24/5 access; choose a MAS-licensed provider if you want Singapore-law protection.
Pepperstone share CFD commission: US$0.02 per share on US shares, 0.20% per side on Hong Kong, 0.10% on UK and German, 0.07% on Australian.
Retail leverage on share CFDs under Pepperstone's Bahamas licence: 1:20, so 5% margin.
24-hour US share CFDs use a -24 suffix, for example AAPL.US-24, and include Nvidia and Tesla.
Dividends are paid or charged as cash adjustments; you do not own the share or vote.
Pepperstone's commission table lists no Japanese share CFD category.
A share CFD is not a share
With a share CFD you trade the price difference on, say, Nvidia, using margin, and you can go short as easily as long. You do not hold the share in a CDP or custodian account, you do not vote and there is no SIPC-style cover of the position.
For multi-year holding, owning the share through a MAS-licensed stockbroker is usually cheaper, because a long CFD pays financing every night. CFDs make most sense for shorter trades and for going short.
Account currency matters too. On an SGD Pepperstone account, every US share CFD's profit and loss is converted from US dollars, so a weaker US dollar can trim a gain even when the trade itself works.
Our share CFD pick
1,162 share CFDs at the last count, US$0.02 per share on US names, more than 100 US shares on 24/5 trading and dividend adjustments in cash, from a Bahamas-licensed company.
Pepperstone's international site states that 80% of retail investor accounts lose money when trading CFDs with this provider.
MT5 shares alternative
Share CFDs on its Standard and Pro accounts through MT4 and MT5, with no commission on those accounts and a Seychelles licence; the Elite account (from 0.1 pips on EUR/USD, $6 round turn, $500 minimum) does not list shares.
Pepperstone, Capital.com and XS are our partners. We may earn a commission if you open an account through our links. That does not change the facts on this page.
Your questions, answered
Which broker offers the most US share CFDs for 24-hour trading?
Pepperstone lists more than 100 US shares for 24/5 trading, covering pre-market, post-market and overnight sessions, from Apple and Amazon to Palantir and Uber. You find them by the -24 suffix on its platforms, separate from the normal cash-session symbol. We did not find a comparable published count from the MAS-licensed CFD providers, so check their own lists if you need a name Pepperstone lacks.
Which broker is best for trading US share CFDs?
For active trading, Pepperstone, because its US share commission is per share rather than a percentage and it runs on MT5, cTrader and TradingView. OANDA Asia Pacific advertises more than 1,450 international share CFDs under its MAS licence, and IG offers share CFDs alongside guaranteed stops. Consider guaranteed stops seriously for single stocks, which can gap on earnings.
How can I trade US stocks outside market hours?
Regular US trading runs 9.30am to 4pm New York time, which is 9.30pm to 4am in Singapore during US daylight saving. With Pepperstone's 24-hour share CFDs you can also trade pre-market, after-hours and overnight on weekdays. If you want to own the shares instead, Tiger Brokers Singapore advertises 24/5 trading on more than 9,500 US stocks and ETFs.
Which broker offers the most share CFDs?
On published figures, OANDA Asia Pacific advertises more than 1,450 international share CFDs, ahead of Pepperstone's 1,162 counted in March 2025. IG advertises CFDs on 13,000 markets across all asset classes rather than a share-only count. The list that matters is the one that includes the exchanges you trade, so search your names before you sign up.
What commission do brokers charge on share CFDs?
Pepperstone charges US$0.02 per share on US share and ETF CFDs with no minimum, so 200 shares cost US$4 each way. Its percentage rates elsewhere are 0.07% per side in Australia, 0.10% in the UK and Germany and 0.20% in Hong Kong, also with no minimum. Share CFDs carry commission on both the Standard and Razor accounts.
Do you receive dividends on share CFDs?
Not as a dividend, but as a cash adjustment. At Pepperstone, if you are long a share CFD over the ex-dividend date, your account is credited the dividend amount; if you are short, it is debited. The adjustment is meant to leave you neither better nor worse off, and withholding-tax treatment can differ from owning the share.
Which broker is cheapest for trading Tesla and Nvidia CFDs?
For a small share count, a per-share commission like Pepperstone's US$0.02 is very cheap: 50 Nvidia shares cost US$1 to open. Both Tesla and Nvidia are also available as Pepperstone perpetual CFDs at 0.015% per side and in its 24-hour list. Holding cost, not commission, is usually the bigger number on a long position kept for weeks.
Where can I trade Hong Kong and Japanese share CFDs?
Pepperstone offers Hong Kong share CFDs at 0.20% per side, but its commission table has no Japanese share category, so for Japanese single stocks look elsewhere. IG and OANDA list international share CFDs under MAS licences; check that your specific Tokyo names are included. Index CFDs on the Japan 225 are another route if you only want market exposure.
What leverage is available on share CFDs?
Pepperstone's Bahamas licence sets retail share CFD leverage at 1:20, meaning you put up 5% of the position, and its professional clients get the same 1:20. MAS-licensed providers apply their own, usually lower, share CFD leverage to Singapore retail clients. At 1:20, a 5% move against you wipes out the margin on that trade.
Which broker is best for short selling shares?
CFDs make shorting simpler than borrowing stock, because there is no locate step: you sell the CFD. On Pepperstone a short share CFD receives the reference interest rate minus its 2.5% charge, so when rates are below 2.5% a short also pays to stay open. IG's guaranteed stops are worth considering on a short, since losses on a rising share have no ceiling.
Can I trade Nvidia 24 hours a day?
On weekdays, yes: Pepperstone's NVDA.US-24 CFD trades pre-market, after-hours and overnight as well as in the main session. There is also an NVDA perpetual CFD with no expiry. Expect wider spreads and sharper moves overnight, because far fewer buyers and sellers are active.
Published 2026-10-21. Informational only, not investment advice. CFDs are leveraged products and most retail accounts lose money.
Our share CFD pick
MT5 shares alternative