MAS: Monetary Authority of Singapore

Singapore · Tier 1

About MAS

Singapore's central bank and financial regulator. Brokers need a Capital Markets Services (CMS) licence. Retail forex leverage is capped at 20:1 on major pairs.

Brokers licensed by MAS (8)

BrokerLicensed entityLicence no.StatusScore
Interactive BrokersInteractive Brokers Singapore Pte. Ltd.CMS100917Disclosed by broker10.0
FOREX.comStoneX Financial Pte LtdNot statedDisclosed by broker9.9
SwissquoteSwissquote Pte LtdNot statedNot yet verified9.6
IGIG Asia Pte LtdUEN 200510021KNot yet verified9.5
City IndexStoneX Financial Pte. Ltd.Not statedNot yet verified9.4
Saxo BankSaxo Capital Markets Pte LtdNot statedDisclosed by broker9.4
OANDAOANDA Asia Pacific Pte LtdNot statedDisclosed by broker9.2
Plus500Plus500SG Pte LtdCMS100648-1Disclosed by broker9.2

Alerts from MAS about brokers we cover (2)

DateBrokerName as publishedTypeSource
30 Mar 2026XMXM Global LimitedNot authorisedSource ↗
30 Mar 2026AxiAxiCorp Financial Services Pty Ltd / Axitrader / Axicorp Pte LtdNot authorisedSource ↗