ForexLicenses

Forex brokers regulated in Singapore

Singapore is home to one regulator tracked by ForexLicenses.com: the Monetary Authority of Singapore (MAS). We match 13 brokers to a licence from this regulator. 3 brokers are headquartered in Singapore.

Rules for traders in Singapore

MAS-licensed brokers offer leveraged FX to retail investors at up to 20:1 on majors, with customer money held in trust.

Regulators in Singapore

MAS 1 Monetary Authority of SingaporeNo compensation scheme for leveraged FX

Brokers licensed in Singapore 13

Brokers matched to at least one licence from a regulator based in Singapore. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 I IG Spread betting & CFD provider, since 1974 ASICBaFinCFTC / NFAFCAFINMAJFSA+5 93Very strong Licences Visit site
2 P Plus500 Forex & CFD broker, since 2008 ASICCFTC / NFAFCAMASCySECDFSA+4 92Very strong Licences Visit site
3 S Swissquote Trading bank, since 1996 FCAFINMAMASSFCCSSFDFSA+1 92Very strong Licences Visit site
4 CM CMC Markets Spread betting & CFD provider, since 1989 ASICBaFinCIROFCAMASFMA (NZ) 86Very strong Licences Visit site
5 FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
6 S Saxo Trading bank, since 1992 ASICFCAFINMAJFSAMASSFC+2 84Very strong Licences Visit site
7 IB Interactive Brokers Multi-asset broker, since 1978 ASICCBICFTC / NFACIROFCAJFSA+2 83Very strong Licences Visit site
8 O OANDA Forex & CFD broker, since 1996 ASICCFTC / NFACIROFCAJFSAMAS+2 82Very strong Licences Visit site
9 MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
10 CI City Index Spread betting & CFD provider, since 1983 ASICFCAMAS 72Strong Licences Visit site
11 CI CGS International Multi-asset broker, since 1994 MAS 60Moderate Licences Visit site
12 PS Phillip Securities Multi-asset broker, since 1975 MAS 60Moderate Licences Visit site
13 UK UOB Kay Hian Multi-asset broker, since 1985 MAS 60Moderate Licences Visit site

Brokers headquartered in Singapore 3

Broker Licences on record Licence Score Actions
PS Phillip Securities Multi-asset broker, since 1975 MAS 60Moderate Licences Visit site
UK UOB Kay Hian Multi-asset broker, since 1985 MAS 60Moderate Licences Visit site
CI CGS International Multi-asset broker, since 1994 MAS 60Moderate Licences Visit site

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.