CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
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Regulators · Asia-Pacific

🇸🇬 MAS Singapore

Monetary Authority of Singapore

Check a firm

  1. Search the MAS register ↗ for the exact company name and licence number the broker gives you.
  2. Match the website and phone number on the register to the ones you were given. Clone firms copy real names.
  3. Read the MAS warnings ↗.
  4. Also check IOSCO I-SCAN ↗, which gathers warnings from regulators worldwide.

Official site: mas.gov.sg

Where to complain

  1. Complain to the firm first, in writing, and keep copies. Most schemes need this step.
  2. If it isn't fixed, go to Financial Industry Disputes Resolution Centre (FIDReC) ↗. Using it is free.
  3. Tell the regulator: MAS contact and complaints ↗.
  4. If the firm isn't licensed by MAS, these routes may not help. Report fraud to your local police too.

Watch out: after you complain online, "recovery" firms may contact you. Regulators and ombudsmen never charge to get money back. Read about recovery scams.

Brokers in our list that state a MAS licence (3)