Forex Broker Singapore

In Singapore, regulatory services are provided by the Monetary Authority of Singapore (MAS), which is mandated by law to oversee the functioning of banking, finance, and insurance businesses, including brokerages/ securities dealers. Singaporean brokers are licensed as clearing members of the Singapore Exchange.

As one the leading financial centers and touristic destinations of the world, Singapore competes with Hong Kong and Australian finance centers for dominance in the South-East Asian region. As a nation with a very liberal taxation and regulation regime, Singapore will be an important center for Asian forex brokers, although at the moment, the local business is not every significant.

Trading forex can be highly risky, and finding the right broker among the many choices in the business can complicate your job even further if you like the background information necessary to assess the broker`s reliability and reputation. To make your task easier, we have created the following list of the most reputable and reliable brokers in the market, and while it is impossible to be 100% safe from fraud and related risks, and you shouldn`t miss the chance to check them right now!

1		Regulator: CySEC Leverage: 200:1 Min. Deposit: $100 Spread: 1.5 pips*	$2,000 Max. First Deposit Bonus	Sign up Read Review
2		Regulator: ASIC/ FSA Leverage: 500:1 Min. Deposit: $100 Spread: ECN 1.5 pips	$2,500 Max. First Deposit Bonus	Sign up Read Review
3		Regulator: CySEC Leverage: 200:1 Min. Deposit: $100 Spread: 3 pips	$2,000 Max. First Deposit Bonus	Sign up Read Review
4		Regulator: CySEC Leverage: 500:1 Min. Deposit: $1 Spread: 1.9 pips	$2,000 Max First Time Deposit Bonus	Sign up Read Review
5		Regulator: MIFID & ASIC Leverage: 400:1 Min. Deposit: $100 Spread: Fixed Spread- 3 pips	High Bonuses FREE Webinars & Signals	Sign up Read Review
6		Regulator: CySEC Leverage: up to 1:500 Min. Deposit: $200 Spread: < 1 pip on some majors	$200 Min. Deposit	Sign up Read Review
7		Regulator: IFSC Leverage: 400:1 Min. Deposit: $2000 Spread: 1 pip	10% welcome bonus	Sign up Read Review
8	Accepts US Clients	Regulator: NFA Leverage: 50:1 Min. Deposit: $250 Spread: 1 pip*	Free Live Sessions with Expert	Sign up Read Review

- LEVERAGE: Controls the equity you need to take a margin position. E.g. 50:1 leverage means you can take a $5,000 trade with just $100 in your account. Note that a high degree of leverage can work against you as well as for you.
- Leverage over 50:1 for majors and 20:1 for minors is not available to traders in the U.S.
- As indicated in the list, only NFA regulated brokers are available to U.S. customers.
* Broker offers variable spreads which means that the spreads are subject to current market conditions.