We found 11 online brokers that are appropriate for Trading MAS Regulated.
If you have ever looked for trading brokerages in Singapore, you may have crossed paths with 'MAS regulated brokerages'. If you have, it means you are on the right track.
As you probably know, your chances will be much better if you focus your search on regulated brokerages. In Singapore, you will need to stick to MAS regulated brokerages in order to protect youself from fraudulent activities.
So, what is MAS anyway?
MAS is the abbreviation for the 'Monetary Authority of Singapore'. This regulatory body handles regulations and policy formulation, as well as monitoring and supervising the activities of brokerages and clients. But its sole purpose is similar to that of other financial regulatory bodies around the globe. It is to protect the clients, traders, and investors from fraudulent financial activities.
The Monetary Authority of Singapore operates under two forms:
As the central bank, MAS regulates financial organizations with their strict monetary policy. Just like the central banks of other countries, it plays a significant role in monitoring the macro-economy. A centralized system manages the exchange rate, liquidity, and foreign reserves.
MAS works closely together with the financial institutions in Singapore to create a safe and sound macroeconomic environment. The financial institutions that work with MAS include: banks, insurers, advisors, stock exchanges, as well as intermediaries.
It is responsible for conducting safe and effective practices within financial markets. MAS also works with the financial industry to encourage investors to trade in Singapore without having to worry about the risks of getting scammed or other fraudulent activities.
If you are interested in trading in Singapore, you should focus on MAS regulated brokerages. MAS has approved a series of serious brokerages in Singapore with strict regulations and requirements. Those who have been accepted by the regulatory body are those who deserve to be listed.
The Monetary Authority of Singapore has the financial authority to regulate brokerages and other relevant financial services within the country.
MAS was established in 1970 through encouragement from the government. However, it wasn't until 1971 that they began their role as the country’s central bank and financial regulating authority.
MAS holds a very important role in promoting and sustaining the economic growth of the country. Singapore’s Minister of Finance chairs this financial body, but several directors govern it. It sets up regulations and supervises the brokerages in Singapore so they will be compliant with such regulations when practicing their services.
MAS creates the monetary policies, issues the currency, and observes the payment systems. As mentioned above, MAS serves in two forms. The first one is for the financial agent. And the second is for the banker. Traders and investors can rest assured that they will get what they expect when they use particular brokerage services through the Monetary Authority of Singapore.
So, the job of MAS does not stop at granting certifications for brokerages who have met certain requirements, but extends to monitoring them in order to preserve the client’s protection and satisfaction. In these cases, client reviews can be key factors for evaluations that are conducted by MAS.
If a client receives poor service from an MAS regulated brokerage, they will tend to write a bad review regarding that particular brokerage. If they receive overwhelmingly bad reviews, then MAS will need to re-evaluate the brokerage and decide whether they should strip approval away from the brokerage, or give them a warning before allowing them to continue.
As a banker, MAS is also responsible for managing and handling foreign reserves and assets. This body is also at the center of the international economy.
The MAS spectrum is broad because it covers macroeconomic responsibilities.
For instance, MAS's Financial Technology (Fintech) Policy. MAS works together with folks who understand financial technology, in order to streamline the economic growth of the country; thereby participating in the Fintech Policy benefits, of: security measures, financial solutions, etc.
In terms of Fintech, MAS opens up the economic environment with room for improvements and innovations. MAS has been contributing much to the world of Fintech. It has been confirmed by officials, that MAS has been making an effort to create more than 3000 jobs in the financial industry. And the number of jobs for Fintech is surprisingly better than before.
MAS also has a unique way to manage and control the exchange rate in Singapore. They use different approaches to support economic development in the country.
We've collected thousands of datapoints and written a guide to help you find the best MAS Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best MAS regulated below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online MAS Regulated trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top MAS Regulated.
Compare MAS Regulated min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are MAS regulated. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more MAS regulated that accept MAS regulated clients
Broker |
eToro
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IC Markets
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XTB
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | No minimum deposit | 100 | 1 | 100 | 200 | 100 | 5 | 100 | 1 |
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Used By | 17,000,000+ | 60,000+ | 250,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Support |
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Learn More |
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Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with fpmarkets |
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Up with trading212 |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
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Up with spreadex |
Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare MAS Regulated ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top MAS Regulated for 2021 article further below. You can see it now by clicking here
We have listed top MAS regulated below.