Best MAS Regulated Forex Brokers 2026

Last updated March 10, 2026

Compare the top forex brokers regulated by the Monetary Authority of Singapore (Singapore). Verified licenses and deep liquidity.

Regulated brokersLow spreadsFast withdrawals
Emily Watson

Written by

Emily Watson

David Okonjo

Fact Checked by

David Okonjo

Top Picks

Trader Tested
#1
IG logo
IG
Open
#2
Interactive Brokers logo
Interactive Brokers
Open
#3
OANDA logo
OANDA
Open
See Full Comparison
Last reviewed:
By:Emily Watson
Fact-checked by:David Okonjo

Why Choose MAS Regulated Brokers?

MAS is a world-leading financial authority. It imposes extreme barriers to entry for brokers, demanding high capital reserves, flawless operational history, and strict audits. A MAS license indicates a broker of the highest institutional pedigree.

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What is the MAS (Monetary Authority of Singapore)?

Monetary Authority of Singapore is the financial regulatory body in Singapore. It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.

Quick Picks

#1Best Overall
IG

IG

4.7
#2Best Overall
Interactive Brokers

Interactive Brokers

4.7
#3Best Overall
OANDA

OANDA

4.6

Trading Conditions

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerAction
IG#1 Choice
$250 ($0 bank transfer)1:30 (Retail UK/EU) | 1:200 (Pro)Open IG Account
$01:50 (US) | 1:30 (EU) | 1:500 (Pro)Open Interactive Brokers Account
$01:50 (US) | 1:30 (EU/UK) | 1:200 (BVI)Open OANDA Account
$01:30 (Retail) | 1:500 (Pro)Open CMC Markets Account
$2,0001:30 (Retail) | 1:66 (Pro)Open Saxo Bank Account
$1001:50 (US) | 1:30 (UK/EU) | 1:400 (Global)Open Forex.com Account
$1,0001:30 (Retail) | 1:100 (Pro)Open Swissquote Account
$1001:30 (Retail) | 1:300 (Pro)Open Plus500 Account

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Detailed Broker Analysis

Recommended
MAS-regulated professional traders, us traders & comprehensive market access.
4.7/5App ScoreOpen Account
Min deposit: $250 ($0 bank transfer)

Founded in 1974 and headquartered in London, UK, IG is a highly rated broker offering 80+ forex pairs. They are regulated by MAS providing strong client safety.

Pros

  • Regulated by 8+ top-tier authorities (FCA, ASIC, CFTC, etc.)
  • Huge range of 17,000+ instruments including options & futures
  • FTSE 250 listed company with high financial transparency
  • Top-tier educational academy and daily market analysis

Cons

  • Admin fee on overnight funding increased to 1.5% (Dec 2026)
  • Higher spreads on UK small-cap shares (2026 update)
  • No Islamic (swap-free) account available
  • MetaTrader 4 offering is limited compared to proprietary platform
Forex spread classUltra-Low
Minimum deposit$250 ($0 bank transfer)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit Card
Withdrawal feeVaries
Interactive Brokers logo
Interactive Brokers
Read Review
Recommended
MAS-regulated professional traders, multi-asset investors & institutions.
4.7/5App ScoreOpen Account
Min deposit: $0

Founded in 1978 and headquartered in Greenwich, CT, USA, Interactive Brokers is a highly rated broker offering 100+ forex pairs. They are regulated by MAS providing strong client safety.

Pros

  • Unbeatable market access
  • Rock bottom commissions
  • Safe (Publicly traded)

Cons

  • Complex for beginners
  • TWS platform has steep learning curve
Forex spread classUltra-Low
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Wire, ACH (US)
Withdrawal feeVaries
Recommended
MAS-regulated us traders, beginners & data-driven analysts.
4.6/5App ScoreOpen Account
Min deposit: $0

Founded in 1996 and headquartered in New York, USA, OANDA is a highly rated broker offering 70+ forex pairs. They are regulated by MAS providing strong client safety.

Pros

  • Regulated by 6 Tier-1 authorities
  • 28+ years of clean regulatory history
  • No minimum deposit requirement
  • Competitive spreads from 0.6 pips

Cons

  • Inactivity fee after 12 months
  • No individual stock CFDs
  • Limited cryptocurrency offering
  • Higher spreads than some ECN brokers
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Debit Card, PayPal
Withdrawal feeVaries
CMC Markets logo
CMC Markets
Read Review
Recommended
MAS-regulated advanced chartists & uk spread bettors.
4.6/5App ScoreOpen Account
Min deposit: $0

Founded in 1989 and headquartered in London, UK, CMC Markets is a highly rated broker offering 300+ forex pairs. They are regulated by MAS providing strong client safety.

Pros

  • Publicly traded & highly regulated
  • Huge asset selection (12k+)
  • Advanced platform features (NextGen)

Cons

  • High stock CFD fees for small trades
  • Data fees for some exchanges
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank Transfer
Withdrawal feeVaries
Saxo Bank logo
Saxo Bank
Read Review
Recommended
MAS-regulated high-net-worth investors & multi-asset traders.
4.6/5App ScoreOpen Account
Min deposit: $2,000

Founded in 1992 and headquartered in Copenhagen, Denmark, Saxo Bank is a highly rated broker offering 185+ forex pairs. They are regulated by MAS providing strong client safety.

Pros

  • Licensed bank with investment-grade rating
  • Regulated by multiple Tier-1 authorities
  • Massive 70,000+ instrument selection
  • Professional-grade platforms

Cons

  • Higher minimum for premium tiers
  • More expensive for small traders
  • Complex platform for beginners
Forex spread classUltra-Low
Minimum deposit$2,000
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Card
Withdrawal feeVaries

Frequently Asked Questions About MAS Regulated Forex Brokers

Monetary Authority of Singapore is the financial regulatory body in Singapore. It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.
Yes, brokers regulated by the MAS are generally considered very safe. They are subject to strict financial standards, audits, and operational requirements.
No specific forex compensation fund, but immense institutional oversight.
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.
Ready to start?

Our #1 pick is IG

Start with the broker we rank highest for safety, pricing, and overall trading experience.

Rating: 4.7Min deposit: $250 ($0 bank transfer)

Sources & References

  1. IG
  2. Interactive Brokers
  3. OANDA
🏆 #1 Recommended Broker

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026