MAS Regulated Forex Brokers

Singapore is renowned for stringent trading regulations, and brokers must go through rigorous authorization processes to bring their services into the country. Whilst Singapore traders have access to a range of international brokerages, MAS-regulated offerings are somewhat limited.

MAS Forex Trading Platform

Forex Trading is a legal and highly regulated activity in Singapore, overseen by the Monetary Authority of Singapore (MAS) to ensure all operations conducted through local Forex Platforms or Brokers remain compliant with strict standards.

See important notes for Trading with MAS Brokers:

  • MAS Platforms and Brokers provide a highly secure trading environment suitable for various types and sizes of traders.
  • Singapore is respected for its stringent financial regulations by MAS ensures that Forex Brokers continue to meet these requirements and provide a safe trading space.
  • For further information proceed to MAS Wikipedia, also check out our article about Singapore Forex brokers.
🏦Regulator Monetary Authority of Singapore (MAS)
🛡️Is it Safe to Trade with MAS Broker? Yes
📊Max. Leverage 20:1
🔒Negative Balance Protection Yes
💰Compensation Scheme No Compensation Scheme

MAS Forex Regulation

Regulation of securities-related companies within the country is essential to guarantee their commitment to providing quality investment services. The regulation helps maintain high standards, protecting investors and ensuring a robust financial landscape.

Due to the growing demand Singapore establish a competent regulation and supervise financial services, which was initiated by Singapore’s Central Bank that incorporated authority – Monetary Authority of Singapore, known as MAS.

Check MAS official website –, also we recommend following MAS on Twitter for important updates – @MAS_sg.

  • MAS was founded in 1971 to oversee various monetary functions associated with finance, therefore progressing as a popular and powerful regulatory agency. Read about MAS on Wikipedia.
  • MAS has a strict demand for licensing to every financial Forex Trading Company in Singapore and applies the sharpest controls on its daily operations.
  • MAS serves a number of additional responsibilities for financial market development, workflow applications and information provision. Along with its unparalleled fraud prevention.
  • Overall, the authorized MAS Regulated Forex Brokers perform and maintain the best possible secure investment environment with strong client protection policies, under constant supervision, and are considered among the highest-ranked brokers worldwide.
  • While many Singapore Brokers are known international companies, there are also many initiatives that target the local population through false statements about Singapore registration. Yet, you can and should always refer to the respective source with detailed information to verify any claims.

MAS Logo

Top 5 Best Forex Brokers Regulated by MAS

We have compiled an exclusive list of trusted brokers licensed by MAS. As stringent regulations create elevated standards for businesses seeking to operate in this sector, there will only be limited options available that can meet such critical criteria.

What is the main purpose of MAS?

As the country’s central bank, MAS is committed to taking a holistic view of Singapore’s economy and fostering sustainable growth. It determines monetary policy while also monitoring overall economic progress, overseeing exchange rate regulation, and managing foreign reserves as well liquidity within banking institutions.

Singapore MAS Forex Brokers List

These are the regulated brokers with MAS licenses also accepting clients from Singapore and Asia region:

Broker Detail
Saxo Bank
Min. Deposit: $5,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Saxo Bank Review
Moomoo Review Logo Moomoo
Min. Deposit: $0
Max. Leverage: Margin Trading
Trading Platforms: Moomoo Desktop, Moomoo Mobile
Moomoo Review
OCBC Securities Review Logo OCBC Securities
Min. Deposit: $1,000
Max. Leverage: 1:20
Trading Platforms: iOCBC Proprietary Trading Platforms
Regulation: MAS
OCBC Securities Review
TD Ameritrade Review Logo TD Ameritrade
Min. Deposit: $0
Max. Leverage: Margin Trading
Trading Platforms: Thinkorswim Web, Desktop, and Mobile
Regulation: SEC, FINRA, SIPC, MAS
TD Ameritrade Review
Charles Schwab Review Logo Charles Schwab
Min. Deposit: $0
Max. Leverage: Margin Trading
Trading Platforms: StreetSmart Edge®, Web Trader, Mobile App
Regulation: SEC, SIPC, FCA, SFC, MAS
Charles Schwab Review