Singapore · Tier-1

MAS: stricter than the FCA, smaller in scope.

Monetary Authority of Singapore · est. 1971

MAS is among the most respected financial regulators in Asia, and one of the strictest. Retail forex leverage is capped at 1:20 — the lowest in SEA — which is why most Singaporean active traders use overseas brokers anyway. The badge is the strongest in the region.

Brokers regulated
14
Tier
Tier 1
Country
Singapore
Filings tracked
0
Reality check

What the MAS badge actually means.

Key protections
  • Retail forex leverage capped at 1:20
  • Mandatory client-money segregation
  • Active fraud enforcement
  • MAS Investor Alert List published publicly
Known limitations
  • 1:20 leverage cap is uncompetitive — most active traders use overseas brokers
  • Limited number of licensed retail forex brokers (~14)
Active licenses

0 of our brokers hold MAS licenses.

All brokers
Recent activity

MAS actions, across our brokers.

No filings tracked yet for MAS on the brokers we currently cover.