Between 65% and 82% of retail investor accounts lose money when trading CFDs. For a historical breakdown, here's a link to the Monetary Authority of Singapore's webpage on Wikipedia.ĬFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. We recommend Singaporean residents to follow the MAS on twitter, is Singapore's Central Bank and financial markets regulatory body and was founded in 1971. Before any fx broker in Singapore can accept forex and CFD traders as clients, they must become authorised by the Monetary Authority of Singapore (MAS), which is the financial regulatory body in Singapore. Trading forex (currencies) in Singapore is popular among residents. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. The annual forex broker review (six years running) is the most cited in the industry. About How We Test How We Make Money Trust Score Why Trust Us.🇮🇳 India 🇿🇦 South Africa 🇲🇾 Malaysia 🇨🇦 Canada.🇬🇧 UK 🇺🇸 United States 🇵🇭 Philippines All Countries.IC Markets vs Pepperstone CMC Markets vs IG eToro vs XTB eToro vs Plus500 vs IG.vs Oanda Saxo Bank vs Interactive Brokers Plus500 vs Trading 212 FP Markets vs IC Markets Select Brokers arrow_right_alt.Plus500 BlackBull Markets All Reviews arrow_right_alt.Best Forex Brokers 2022 Best Forex Brokers for Beginners Best Forex Trading Apps Best Copy Trading Platforms Best Zero Spread Brokers.Best MetaTrader Brokers Best Bitcoin Brokers Best Mac Forex Trading Platforms International Currency Trading All Guides arrow_right_alt.

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