Singapore Broker Firms. The Singapore regulatory body responsible for the issuing of Singapore broker licenses and supervising the financial services industry is the Singapore MAS, otherwise known as the Singapore Monetary Authority of Singapore. The MAS regulatory body was established in January 1971 on resolution of the Monetary Authority of As a trader, you should seek to deal with a MAS regulated Forex broker only. MAS is a government affiliate institution which has several roles in the growth and the economic stability of the economy of Singapore. Here is an overview of its roles; Acts as the central bank of Singapore… Forex.com has limited language support compared to other platforms, just offering English and Chinese. In terms of availability, it is a proprietary platform from GAIN Capital, meaning that Forex.com is the only broker that supports the use of the Forex.com web, mobile, and advanced trading platforms. City Index started out as a spread betting broker before introducing CFDs in 2001. In 2006 the broker expanded by opening offices in Sydney, Singapore and Shanghai, servicing the Asia Pacific region, and its UAE office was opened in 2014. It is regulated by the FCA in the UK, ASIC in Australia, MAS in Singapore and the UAE Central Bank in the UAE. In August 2017, the Monetary Authority of Singapore (MAS) and central bank that oversees all financial institutions (from banks to forex brokers) clarified its regulatory position on the offer of cryptocurrencies in the city-state.In its official statement, MAS said that digital tokens that constitute securities should be approved by it before its issuing and their issuers must be licensed
GAIN Capital Singapore Pte Ltd 168 Robinson Road, Capital Tower #20-01, Singapore 068912. Tel: 6826 9988. Fax: 6826 9968. Co Reg # 200400922K. † 1 point spreads available on the UK 100, Germany 30, France 40 and Australia 200 during market hours. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Interactive Brokers Interactive Brokers is a US forex broker that recently acquired a MAS (Monetary Authority of Singapore) license and established offices in Singapore. The top forex broker provides one of the most diverse product ranges of all brokers around the globe, with low fees and competitive ECN-like spreads. Forex Brokers in Singapore Southeast Asia is a well-known region for its importance in the economy and a recent world’s trading hub, while its one of the leading Forex centers – Singapore. MAS has a strict demand for licensing to every financial of Forex trading company which would like to base its operations in Singapore and apply sharpest controls on its daily operations. Moreover, MAS serves the number of additional responsibilities for financial market development, workflow applications and the information provision. For forex trading in Singapore, the regulatory body of the country, MAS actually prohibits unregulated brokers from operating within Singapore. In that case, if you do decide to trade with forex trading brokers which are not MAS regulated, you will not be prosecuted, but the broker operation risks being banned from the country.
Phillip Futures was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). Coupled with 20 years of experience specialising in derivatives and currency broking, we have grown to be one of Singapore’s top local brokerages and are constantly ranked among the top most active SGX-DT members.,,
We have combined over 150 hours of research with feedback from over 160,000 users on the world’s largest review sites to help you find the best broker in Singapore.. The Ultimate List of Top Brokers in Singapore. Best Options Trading Platform: TD Ameritrade Best Trading App: Plus500 Best Brokerage Account: OCBC Securities Best Stock Broker: IG Markets Best Forex Broker: Forex.com GAIN Capital Singapore Pte Ltd 168 Robinson Road, Capital Tower #20-01, Singapore 068912. Tel: 6826 9988. Fax: 6826 9968. Co Reg # 200400922K. † 1 point spreads available on the UK 100, Germany 30, France 40 and Australia 200 during market hours. This advertisement has not been reviewed by the Monetary Authority of Singapore.
As a trader, you should seek to deal with a MAS regulated Forex broker only. MAS is a government affiliate institution which has several roles in the growth and the economic stability of the economy of Singapore. Here is an overview of its roles; Acts as the central bank of Singapore…
Jul 16, 2020 With the addition of Singapore, Interactive Brokers now has nine entities to engage a broker licensed by the Monetary Authority of Singapore Oct 28, 2020 Well, they are regulated by MAS (Monetary Authority of Singapore) which makes them “safer” compared to overseas Forex brokers. However
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Forex Brokers in Singapore. Here you can compare the best Forex brokers in 2020 holding a capital markets services license from the Monetary Authority of Singapore for dealing in Forex trading in Singapore. You can have the best Forex trading experience from Singapore in choosing a good broker among the list of regulated brokers.