more. As per the other significant trading conditions like spreads, commissions and minimum trade size, they are listed in the Trading Conditions, which are not readily available on the broker's site. With over a decade of experience, m has supported over 200,000 traders globally. Forex brokers in particular are required to have a license from MAS if they want to operate legally in Singapore. USD, eUR, aUD, gBP, jPY 128.00 129.20, sGD, cHF. Gain Capital, Oanda, CMC Markets, Saxo Bank, etc. The only forex trading conditions of cimb we could find are about the minimum required deposit of S5 000/US4 000 and the maximum leverage of 1:20. Read More, how does m make money? The forex and OTC derivatives market in Singapore is considered the third largest in the world (in terms of turnover after the US and the UK and is estimated at around 517 billion in April 2015 by the Bank for International Settlements (BIS). Type to search, you are at : Foreign Exchange Rates, please wait. The watchdog has complete authority over its charges and can award and revoke licenses.
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Our parent company, gain Capital Holdings Inc., is listed on the New York Stock Exchange and weather forecast delhi tomorrow morning meets the highest standards of corporate governance and financial reporting. The forex brokers are continually supervised and required to provide regular audit reports to MAS. Do you wish to proceed? The forex brokers regulated by MAS are also required to disclose information relating to investment products being recommended to consumers. This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by cimb Bank. It is worth noting that cimb charges a USD 2 (or equivalent) for trades below the Commission Threshold as specified in Trading Conditions. As we already noted there are other companies (29 in total) who hold licenses for margin trading in forex and there are some of them who offer much better ones. Understand the ins and outs of currency trading or improve your knowledge of technical analysis. MAS' main goal is to protect clients from misconduct and crooked brokers and one of the main requirements is for keeping client funds in segregated accounts. Company, country, regulation, cIMB Securities, singapore, mAS. MAS also requires that all financial companies operating in the country are either licensed, exempt or otherwise regulated by it and that its staff is sufficiently competent and qualified. NZD, hKD, cAD, tHB 400 500, cNY.
The Singapore financial products market is tightly regulated by the MAS, which has relatively high capital requirements and a number of strict requirements, making the regulated brokers among the more reliable. Cimb Bank makes no warranties as to the status of this link or information contained in the website you are about to access. We'll deliver quality and value, price means nothing without quality executions. Get Started, or, try a demo account, our promise to you.