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Which brokers are regulated in Singapore?
There are plenty of popular brokers regulated by MAS in Singapore. Here are some of them:
- OANDA Asia Pacific Pte. Ltd.
- Interactive Brokers
- Goldman Sachs (Singapore) Pte.
- Citigroup Global Markets Singapore Pte. Ltd.
- CMC Markets Singapore Pte Ltd
- and many more
Continue Reading at Forex Trading in Singapore: 5 Facts You Need to Know
What are the valid documents that can be used as evidence of a scam broker?
Collect all relevant documents, communications, and transaction records related to the scam.
Some evidence you can gather are:
- Screenshot of your trades
- Communication records
- Account statements
- Transaction history
- Terms and conditions of your broker
- Testimonials from other traders
Continue Reading at How to Recover from Forex Broker Scams
What's the criteria for good day trading broker?
Ideally, a broker that is good for day trading should offer trading tools and reliable market execution. These conditions will ensure that traders are well-equipped to come up with potential entry and exit points for their trades that will increase their chances of making profits. The ideal broker should also be well-regulated and fully authorized to operate in whatever country they are located.
Continue Reading at Is OANDA Good for Day Trading?
Are market makers and dealing desk brokers the same?
Market makers and dealing desk brokers are similar in that they both facilitate trades within their own platforms, but they are not exactly the same.
Market makers typically provide liquidity by creating a market for traders, while dealing desk brokers may take a more active role in managing orders, which can lead to potential conflicts of interest.
Continue Reading at Are Market Maker Brokers Always Bad?
