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Global FX Broker Transparency & Rating
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Global FX Broker Transparency & Rating
SG TIER 1 Singapore

MAS

Monetary Authority of Singapore

MAS is the Monetary Authority of Singapore. Use the Financial Institutions Directory to match the full legal entity, licence type, permitted regulated activities and status; a company registration number is not a capital-markets-services licence number. Client protection, leverage and complaint routes depend on the Singapore entity and product actually used.

Website See all Tier 1 brokers

What you actually get in this jurisdiction

Retail leverage cap
1:20
Investor compensation
No statutory investor compensation scheme
Negative balance protection
Not recorded
These are the jurisdiction’s general rules for retail clients, not a promise by any individual broker; professional clients are treated differently. The licensed entity that onboards you governs in practice. Source Checked 2026-08

How to verify a licence with this authority

Do not search the brand alone. Match the legal entity, identifier, current status, permitted activities and registered domain on the official register.

  1. Find the full legal entity that the broker says will contract with you.
  2. Search that entity or licence identifier in the official register.
  3. Match status, permissions, address and registered domain; watch for clone firms.
  4. Confirm that the entity serves your location and client category, then read the protection limits.
Open official register Open official complaint channel Entry checked 2026-08-30

Regulated brokers

10 on record
# Brokers License No. Status Overall score
01 200510021K Active 90.0
02 200601141M Active 85.0
03 CMS100917 Active 84.0
04 200605050E Active 82.0
05 CMS100648 Active 80.0
06 200704926K Active 80.0
07 200400922K Active 78.0
08 197501035Z Active 78.0
09 S00FX001 Active 75.0
10 200510021Z Active 69.0

How to file a complaint with MAS?

If you have a dispute with a broker regulated by MAS, here is the complaint path. Gather your evidence first (deposit/withdrawal records, trade history, support transcripts), then follow the process below.

  1. Contact the broker directly first, demand a written reply within 7 days
  2. If unresolved, file a formal complaint with MAS directly (www.moneysense.gov.sg )
  3. Keep all communication and evidence for potential arbitration
  4. Optionally submit a verified complaint on FXCN to warn other traders — File a complaint
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