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MAS-regulated forex broker rankings

Compare brokers connected with current MAS records. Check the licensed legal entity, licence permissions, approved website and status before relying on a broker's regulatory claim.

Compare qualifying brokers using the criteria and data coverage described below. Results were last updated 26 August 2026.

Monetary Authority of Singapore is the recorded financial authority for Singapore. View regulator profile

Ranked by Editorial scoreData updated 26 August 202610 qualifying brokersView ranking methodology

Ranking basis. Organic positions use editorial score among brokers with a current, verified MAS record. Ties use regulation-and-safety score, then the latest completed review date. Brokers whose record shows a MAS licence, ordered by overall score; the regulation-and-safety score, then the latest review date, break ties. Tier one regulator.

This record comes from the broker's own published regulatory statement and has not yet been matched to the authority's register. The brand may operate through other entities with different or no regulatory protection. Confirm which entity would hold your account.

RankBrokerLicensed legal entityLicence type and numberCurrent recorded statusLast verifiedEditorial scoreUser ratingAvailability
1Plus500 logoPlus500Not confirmedTier one licence, CMS100648Review pendingNot confirmed9.0/10No user ratings yetNot confirmedView regulation
2eToro logoeToroNot confirmedTier one licence, CMS101824Review pending26 August 20269.0/10No user ratings yetNot confirmedView regulation
3MultiBank Group logoMultiBank GroupNot confirmedTier one licence, CMS101174Review pendingNot confirmed8.7/10No user ratings yetNot confirmedView regulation
4CMC Markets logoCMC MarketsNot confirmedTier one licenceReview pending26 August 20268.5/10No user ratings yetNot confirmedView regulation
5IG logoIGNot confirmedTier one licenceReview pending26 August 20268.5/10No user ratings yetNot confirmedView regulation
6Saxo Bank logoSaxo BankNot confirmedTier one licenceReview pending26 August 20268.4/10No user ratings yetNot confirmedView regulation
7FOREX.com logoFOREX.comNot confirmedTier one licenceReview pendingNot confirmed8.2/10No user ratings yetNot confirmedView regulation
8Swissquote logoSwissquoteNot confirmedTier one licenceReview pending26 August 20268.2/10No user ratings yetNot confirmedView regulation
9City Index logoCity IndexNot confirmedTier one licenceReview pendingNot confirmed7.7/10No user ratings yetNot confirmedView regulation
10OANDA logoOANDANot confirmedTier one licenceReview pending26 August 20267.5/10No user ratings yetNot confirmedView regulation

End of ranking

A ranking position does not establish that a broker is suitable for every trader. Verify the legal entity, account terms, costs and protections that apply in your country.

Methodology updated 26 August 2026 · Data updated 26 August 2026 · Report a data issue

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