Best trading platforms in Singapore
Quick answer: In Singapore, trading is overseen by the Monetary Authority of Singapore (MAS). Pick a platform that is regulated for Singapore residents, accepts SGD deposits, and has transparent fees.
What traders in Singapore need to know
- Use MAS-licensed brokers and check the MAS Financial Institutions Directory.
- MAS restricts how crypto services are marketed to retail investors.
- Singapore does not generally tax capital gains for individuals, but frequent traders can be treated as running a business.
How to check a broker or bot is safe
Search the broker's legal name on the official register of the Monetary Authority of Singapore (MAS). Make sure the website domain matches the registered entity, never send money to individuals or "account managers", and start with a small deposit to test withdrawals.