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Forex trading singapore

forex trading singapore

, for example manages all trading based regulations for traders. Failing this, MAS takes no responsibilities for the losses incurred. This is initiated only after a thorough study of the preset protocols set by MAS. Some guidelines set by MAS for all Forex based clients and their brokers: It is mandatory for all Forex brokers to get a valid license issued by the financial regulatory authorities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Forex trading platform Singapore scams thanks to its rapid action policies. Forex trading platform Singapore is controlled by Monetary Authority of Singapore.

Singapore is one of the biggest financial centers in the East.
Singapore trading volume takes the 5th part of the global Forex trading circulation.
While Travelex Singapore is a licensed holder for leverage Forex trading in Singapore, but they do not provide currency trading platform for retail traders.
Which makes Forex trading in Singapore very Popular.

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MAS sets an exceptional example of how a typical financial authority should work towards making it one of the best. MAS take special care to ensure that nominal exchange rate of Singapore dollar remains within limits no matter how the currency trading in Singapore turns out. Forex trading platforms Singapore requires periodic submission of their audit report for suspected client capital mingling. The connection to this website is secured with up to 256-bit encryption. Before undertaking any trading program, you should consult a qualified financial professional. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.