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What is the MAS (Monetary Authority of Singapore)?
Why Choose MAS Regulated Brokers?
MAS is a world-leading financial authority. Our current ranking starts with IC Markets where it is available, followed by FxPro, IG, and OANDA. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
Trading Conditions
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

IC Markets Review Summary
IC Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Raw) | 0.8 pips (Standard) on EUR/USD, and $200 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
- Excellent support for cTrader and TradingView
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity
- Basic research and educational material

FxPro Review Summary
FxPro is a multi-regulated broker with MT4, MT5, cTrader, FxPro Platform access, 0.0 pips (Raw+) | 1.2 pips (Standard) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- FCA and CySEC regulated
- cTrader integration
- No dealing desk execution
- FxPro Edge proprietary platform
Cons
- $100 minimum deposit
- Wider spreads on standard accounts
- Inactivity fee after 1 year

IG Review Summary
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
- Regulation varies by entity
- Minimum deposit: $250 ($0 bank transfer)
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

OANDA Review Summary
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
- Regulation varies by entity
- Minimum deposit: $0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening

CMC Markets Review Summary
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
- Regulation varies by entity
- Minimum deposit: $0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening

Saxo Bank Review Summary
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
- Regulation varies by entity
- Minimum deposit: $2,000
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
Frequently Asked Questions About MAS Regulated Forex Brokers
Frequently Asked Questions
Top Searched Questions
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Sources & References
- IC Markets Trading Accounts— IC Markets
- IG Forex Trading— IG
- OANDA Forex Trading— OANDA
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our AI Content Policy.
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 the country-acceptance status captured in our latest eligibility checks.
