Forex Trading Singapore
Forex Trading Singapore Jun 01, 2020 · june 1, 2020 yes, trading forex is legal in singapore. the foreign exchange, or forex, market has recently been starting to move globally and becoming less centralized in trading hubs such as london, new york, and tokyo. one area that has specifically seen an increase in financial trade is singapore. How to start trading forex in singapore. all you need to start trading forex is a bank account, and access to a service (such as an online trading platform) provided by a forex broker. once you have a bank account, you will need to register an account on a platform before using a broker. there are various trading platforms available for. In singapore, the monetary authority of singapore (mas) requires most retail traders to maintain a minimum margin of 5% for all forex trades. for example, to maintain a forex trading position of $20,000, a trader needs to have a minimum capital of $1,000. Tradingforex (currencies) in singapore is popular among resi...