Comparison

Forex SG vs Reactive Switchboard

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Forex SG

Trade forex on the go with a no dealing desk model, offering tight spreads on over 40 currency pairs. Monitor markets in real-time, manage open positions, and utilize advanced charting tools for comprehensive technical analysis.

Highlights
  • No Dealing Desk (NDD) model
  • Trade 40+ currency pairs
  • Real-time FX rates
  • Monitor open positions and P&L
  • Variety of order types (Market, Limit, Stop, OCO, GTC)
  • Comprehensive charting and technical analysis tools
  • Seamless app and desktop platform integration
Features
Read full description

Trade on-the-move with Forex SG ! Our platform follows a “no dealing desk” (NDD) model. We do not take positions against clients’ trades. - No trading conflict of interest between broker and clients - Best execution on aggregated prices coming from a deep liquidity pool Discover Opportunities Trade from 40 over currency pairs with tight spreads. Monitor the Markets - View interactive FX rates real-time across various currency pairs - Monitor open positions, unrealized P&L marked-to-market and your account summary A Variety of Order Types - Market, Limit, Stop, One-Cancels-Other (OCO) and expiring order types such as Good-Till-Cancel (GTC) orders are available. Parameters are customisable as well. Comprehensive Charting and Technical Analysis Tools Our robust charting package comes with tick data and tools such as Fibonacci lines, Moving Average, MACD, RSI and Bollinger Bands. Switch between Forex SG app and our desktop trading platform for a hassle-free, seamless trading experience. If you are not a Maybank client yet, please visit www.maybank.com/investment-banking/sg to open an account today or to request for a demo account. For other enquiries, please call (65) 6231 5577 or email us at MSecSG_keforex@maybank.com. Why trade with Maybank Securities? Maybank Securities has been serving clients in Asia for more than 40 years. We have won numerous awards and accolades in Singapore including Global Banking and Finance Review Awards 2015 and Best Broker in Southeast Asia (2007-2016) according to Alpha Southeast Asia. Information Developer: Maybank Securities Pte. Ltd. Developer Website http://maybank-ke.com.sg/products-services/products-services-listing/forex/ License Agreement https://www.keforex.com/docs/KE_Forex_MobileApp_Terms_and_Conditions.pdf Privacy Policy http://maybank-ke.com.sg/privacy-policy/

About

Reactive Switchboard

Features
Read full description

Reactive Markets Switchboard is a cutting edge institutional multi-asset trading network. The app helps institutional clients manage their trading away from their desk. The app is free to download and can be used by Reactive Markets clients with mobile authorization. Key app features: - Monitor, manage and place orders quickly. - Trade FX spot, forward, ndf, metals. - Place Algo orders with LPs. - Receive push notifications on passive order fills.

Screenshots

Forex SG4 screens
Reactive Switchboard4 screens

Verdict

The call

The clearest difference is update cadence: Reactive Switchboard at monthly against Forex SG's every 11 months. Forex SG's advantage is iOS requirement (10.0 vs 15.7). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Forex SG ships an update every 11 months, Reactive Switchboard monthly. The most recent releases landed on October 13, 2026 and October 4, 2026 respectively.

Scorecard2 real differences · 7 level
Forex SG versus Reactive Switchboard: the parameters behind the verdict, then further details
ParameterForex SGReactive Switchboard
PriceFreeFree
Rating1.0 (1 ratings) — better—
Number of ratings1 — better—
Update frequencyEvery 11 monthsMonthly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPod
Requires iOS10.0 — better15.7
Further details — not scored
Size10 MB47 MB
Age rating4+4+
DeveloperMaybank Securities Pte LtdReactive Markets Limited

In-app purchases

None

Forex SG

No in-app purchases

None

Reactive Switchboard

No in-app purchases

Questions

Is Forex SG free?
Forex SG is free to download, with no in-app purchases.
Is Reactive Switchboard free?
Reactive Switchboard is free to download, with no in-app purchases.
Do Forex SG or Reactive Switchboard have ads?
Neither Forex SG nor Reactive Switchboard shows ads.
Which is updated more often, Forex SG or Reactive Switchboard?
Forex SG ships an update every 11 months, and Reactive Switchboard monthly. Most recently, Forex SG was updated on October 13, 2026 and Reactive Switchboard on October 4, 2026.

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