Hello, I was searching online for a Forex broker to use in Singapore but there were a lot of mixed review and I didn’t know what to choose. Could anyone recommend me a Forex broker to use in sg that is MAS regulated? Thank you!
I am a Full-Time Professional Trader from Singapore but I am no longer using any local Forex Brokers due to the new MAS requirement of 1:20 Leverage (used to be 1:50) on High Risk Investment Products.
Here are some recommendations:
- Pepperstone (Australia | 1:500)
- IC Markets (Australia | 1:500) ← I am using this.
Take a look at both brokers’ offerings and then decide which one you feel more comfortable opening a trading account with.