MAS Regulated Brokers
We appreciate you very much for visiting our Singapore Forex brokers list, which title is perfectly greatly speaks with regard to itself! With a loyalty bonus scheme, refer a friend and welcome bonus options in place, there are plenty of ways for Core Spreads clients to benefit from signing up to trade with this broker and tight spreads trading forex in singapore across thousands of worldwide markets make this an attractive broker to many customers.
The volume of transactions done through Foreign Exchange Companies in India amounts to about USD 2 billion 72 per day This does not compete favorably with any well developed foreign exchange market of international repute, but with the entry of online Foreign Exchange Companies the market is steadily growing Around 25% of currency transfers/payments in India are made via non-bank Foreign Exchange Companies.
It doesn’t matter where you live or even where you are right now; as long as you have access to the internet, a trading terminal (a special program for trading Forex) and an account with a Forex broker, all the instruments and opportunities of Forex are open to you.
The most typical question that many traders ask initially is ‘Which one is better?’ and it would probably be best to say that ECN brokers are better for the simple reason that market makers have a vested interest in seeing you lose money trading (as you will see below).
Some of the mainstream Forex brokers also have their representative offices in both Malaysia as well as neighboring Singapore; therefore, traders can choose a broker within their proximity if they are worried about investing huge funds with an overseas Forex broker.