ASIC, CySEC, DFSA +2 more
Discover The Best Forex Brokers In Singapore
Top forex brokers in Singapore are licensed and regulated by the Monetary Authority of Singapore, which is a highly rated regulatory agency who licenses brokers in Singapore and across the Asian continent. The MAS is responsible for supervising and regulating financial institutions, including forex brokers, to ensure the stability and integrity of the financial system in Singapore. Singapore forex brokers offer a wide variety of currency pairs for trading, including major pairs, such as EUR/USD, CHF/USD, JPY/USD, and GBP/USD, as well as minor and exotic pairs. The best forex brokers in Singapore have a long track record of secure operations and the country is also home to a large number of internationally regulated forex brokers, with licenses from the likes of CySEC, FCA, ASIC, etc. The national currency of Singapore is the Singapore dollar (SGD) and forex brokers in the country offer currency pairs involving the Singapore dollar, such as USD/SDG, SGD/JPY, EUR/SGD, etc. The best forex brokers in Singapore offer state of the art trading software and additional financial tools to help clients get ahead on the market.
Situated in maritime Southeast Asia, Singapore is a city-state with a nominal GDP of $515 billion and a per capita GDP of over $91,000. With a population of over 5.6 million, Singapore is an attractive market for top forex brokers from around the world. Trusted forex brokers in Singapore are some of the most recognizable names in the global brokerage industry and offer tight spreads on currencies, as well as a wide range of CFDs, commodity futures and other instruments. Forex trading is popular in Singapore and local clients have access to some of the most in-demand financial instruments on the market. Singapore does not charge a capital gains tax, which makes the country all the more attractive for top forex brokers and traders. With an attractive tax regime and a great selection of brokers, Singapore is one of the best destinations for forex traders worldwide.