Forex Brokers in Singapore


The Monetary Authority of Singapore (MAS) is a regulator for regulating the financial industry in Singapore. MAS is a highly regarded regulator that has contributed to turning Singapore into one of the most reputable jurisdictions for forex trading in Asia, after having seen strong growth in its financial sector over the past few decades.

Singapore is also a business-friendly country, which has led many of the largest global forex brokers to set up their regional headquarters in the city-state. Forex trading remains popular among Singaporeans, and the country is home to many high-profile independent traders.

Broker Regulation Max Leverage Min Deposit General Rating
Plus500
Singapore
2008
ASIC 417727
CySEC 250/14
FCA (UK) 509909
FSCA (South Africa) 47546
ISA (Israel) 5
Monetary Authority of Singapore 2017-12-11
1:300 $100 Review
AxiTrader
Singapore
2007
ASIC 318232
DFSA (Dubai) 2758
FCA (UK) 509746
FSCL (New Zealand) FSP518226
1:400 $1 Review
OANDA
Singapore
1995
CFTC/NFA 0325821
FCA (UK) 54257
FSA (Japan) 1571
Kanto Local Finance Bureau (Japan) 2137
1:50 $1 Review
CMC Markets
Singapore
1989
FCA (UK) 173730 1:500 $1 Review
IG
Singapore
1974
CFTC/NFA 0509630
FCA (UK) 195355
1:50 $1 Review
FIBOGroup
Singapore
1998
CySEC 118/10
FSC (BVI) SIBA/L/14/1063
1:1000 $1 Review
ICM Capital
Singapore
2009
FCA (UK) 520965
Jordan Securities Commission 02.04.2020
1:30 $200 Review
Blackwell Global
Singapore
2010
ASIC 400364
FCA (UK) 590313
FSP (New Zealand) 3061
SFC (Hong Kong) BGX296
1:30 $5000 Review
ForexChief
Singapore
2014
Ministry of Finance and Economic Management (Vanuatu) 14777 1:1000 $50 Review
Land-FX
Singapore
2013
FCA (UK) 709866
FSP (New Zealand) FSP264385
1:500 $300 Review
TegasFX
Singapore
2016
Ministry of Finance and Economic Management (Vanuatu) 14697 1:200 $200 Review
CMS Trader
Singapore
2013
None 1:400 $500 Review
ayondo
Singapore
2008
None 1:200 $100 Review
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