Monetary Authority of Singapore
The Monetary Authority of Singapore is both the central bank and the integrated financial regulator of Singapore.
- Our tier
- Tier 1
- Jurisdiction
- Singapore
- Public register
- Open the official register
The Monetary Authority of Singapore is both the central bank and the integrated financial regulator of Singapore. Firms dealing in leveraged forex or CFDs with Singapore clients need a Capital Markets Services licence.
What it means for a retail trader
MAS sets minimum margin requirements for retail leveraged forex and requires licensed firms to segregate customer money. Its Financial Institutions Directory lists every licensed firm and the activities it is allowed to carry out.
How to check a firm
Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.
Brokers in our database with a MAS licence
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| City Index Since 1983 · NASDAQ: SNEX (parent) | 89/99 | FCA #446717 StoneX Financial Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit City IndexOfficial site · we earn no commission here |
| CMC Markets Since 1989 · LSE: CMCX | 91/99 | FCA #173730 CMC Markets UK plc | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| FOREX.com Since 2001 · NASDAQ: SNEX (parent) | 62/99 | CIMA #25033 GAIN Global Markets Inc. | $100 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit FOREX.comOfficial site · we earn no commission here |
| IG Since 1974 · LSE: IGG | 60/99 | BMA IG International Limited | — | Own platform, MetaTrader 4, TradingView | Review Visit IGOfficial site · we earn no commission here |
| Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | CFTC/NFA #0258600 Interactive Brokers LLC | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| OANDA Since 1996 | 54/99 | BVI FSC OANDA Global Markets Ltd | $0 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit OANDAOfficial site · we earn no commission here |
| Plus500 Since 2008 · LSE: PLUS | 62/99 | FSA Seychelles #SD039 Plus500SEY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| Saxo Since 1992 | 76/99 | Danish FSA #1149 Saxo Bank A/S | $0 | Own platform, TradingView | Review Visit SaxoOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.