What are the MAS leverage limits for Singapore retail forex traders?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
What are the ESMA leverage limits for retail forex traders?
ESMA limits retail forex leverage to 30:1 on major currency pairs, 20:1 on minors and major indices, 10:1 on commodities and non-major indices, 5:1 on individual equities, and 2:1 on cryptocurrencies. These limits apply to all EU/EEA regulated brokers since 1 August 2018.
What is the best forex broker in Singapore?
Top Singapore picks for 2026 are Saxo Markets (MAS-regulated entity, 9.0/10), IG Asia Pte (8.9/10), and Phillip Nova (local Singapore broker). MAS imposes strict capital and conduct rules. Retail leverage cap: 20:1 on major FX pairs. SGD-denominated accounts and PayNow funding standard.
What is the best forex broker for Asian traders in 2026?
For Singapore (MAS) traders the top pick is IG Singapore — MAS Capital Markets Services licensed, deep liquidity, 17,000+ instruments. For Hong Kong (SFC), Saxo Hong Kong leads on Type 3 licence + banking-grade safeguards. For Australia (ASIC), Pepperstone or IC Markets. APAC retail FX leverage is capped at 20:1 (MAS, SFC) or 30:1 (ASIC) — stricter than ESMA in two of three jurisdictions.
Article: ESMA Leverage Limits 2026: Still 30:1 on Majors — August Update
ESMA's 30:1 cap on major FX pairs still applies in August 2026 — 20:1 on minors and gold, 2:1 crypto. What changed: most EU states made the caps permanent.
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