Singapore Trading Forex
Trading forex (currencies) in singapore is popular among residents. 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. mas's website is mas. gov. sg. Forex trading singapore is not an investment opportunity that gives room to traders to trade as they want. instead, the market is controlled by several authorized regulatory bodies whose mission is to ensure that the market is not left at the mercy of some individuals. In singapore, the monetary authority of singapore (mas) requires most retail traders to maintain a minimum margin of 5% for all forex trades. for example, to maintain a forex trading position of $20,000, a trader needs to have a minimum capital of $1,000. Forex brokers in singapore. southeast asia is a well-known region for its importance in the economy and a recent world’s trading hub, while its one of the leading fo...