Regulator

Major onshore regulator

MAS regulated brokers

Monetary Authority of Singapore, Singapore

11 brokers list MAS in our register. MAS is Singapore's central bank and integrated financial regulator, and publishes a Financial Institutions Directory.

Brokers listed
11
Trusted or better
11
Caution or worse
0
Regulator country
Singapore

What MAS protection means

General facts about the regime. What applies to you depends on the licensed entity and your client category.

  • Licensed firms follow MAS conduct, capital and client-asset rules.
  • Check the licence category on the directory to see which products the firm may offer.

Major onshore regulator. Full conduct-of-business rules, client-money segregation and an enforcement record. A licence here carries the most weight for retail clients.

How to check the MAS register

  1. 01

    Open the MAS Financial Institutions Directory (eservices.mas.gov.sg).

  2. 02

    Search for the firm's name.

  3. 03

    Confirm the licensed legal entity is the company named in your account terms, and that its status is current.

  4. 04

    Check the licence or permissions cover the products you want to trade.

MAS Financial Institutions Directory

Brokers that list MAS

Sorted by score, best first. A listing is a pointer to check, not proof of a current licence.

  • City Index

    Also: FCA

    Strongly Trusted
    9.5 / 10
  • CMC Markets

    Also: CIRO, FCA, FMA

    Strongly Trusted
    9.5 / 10
  • Saxo

    Also: AMF, ASIC, CONSOB +4

    Strongly Trusted
    9.0 / 10
  • FOREX.com

    Also: ASIC, CIMA, CIRO +3

    Trusted
    7.7 / 10
  • IG

    Also: AMF, ASIC, DFSA +4

    Trusted
    7.7 / 10
  • LION

    Also: CIMA, SFC

    Trusted
    7.7 / 10
  • MultiBank Group

    Also: ASIC, CySEC, SCA

    Trusted
    7.7 / 10
  • Oanda

    Also: ASIC, CIRO, FCA +4

    Trusted
    7.7 / 10
  • OCBC

    Updated 18 Jun 2026

    Trusted
    7.7 / 10
  • Phillip Nova

    Updated 18 Jun 2026

    Trusted
    7.7 / 10
  • Plus500

    Also: ASIC, CySEC, FCA +2

    Trusted
    7.7 / 10

Verdicts for MAS brokers

How the brokers that list this regulator are spread across our verdict bands.

  • Strongly Trusted

    A strong regulatory basis or track record on the evidence we hold.

    3
  • Trusted

    A reasonable regulatory basis or track record on the evidence we hold.

    8
  • Proceed With Caution

    Mixed or thin evidence, often an offshore licence. Check the register yourself.

    0
  • High Risk

    The evidence points to material risk. Prop firms only.

    0
  • Avoid

    Serious concerns, such as no regulatory basis or a confirmed closure.

    0
  • Not yet rated

    We hold a record but have not assigned a score. Not a judgement.

    0

MAS: frequently asked questions

What protection does a MAS licence give clients?
Licensed firms follow MAS conduct, capital and client-asset rules. Check the licence category on the directory to see which products the firm may offer. These are general facts about the regime; what applies to you depends on the licensed entity and your client category.
How many brokers list MAS in your register?
11 of the brokers in our register list Monetary Authority of Singapore (MAS). Records are refreshed as new regulator information is checked, and a listing here is a pointer, not proof of a current licence.
How do I check a MAS licence?
Open the MAS Financial Institutions Directory and search for the firm's name. Confirm the licensed legal entity matches the company in your account terms and that its status is current.
Does a licence mean a broker is safe?
No. A licence shows a regulator authorised a specific legal entity for specific activities. It does not guarantee the firm will not fail or treat clients fairly. Check the entity you actually contract with, and that its status is current.

We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale. verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

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