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Margin Trading in Singapore
Margin trading in Singapore: MAS regulations, available platforms, and the tax-friendly environment for traders.
π Regulatory Overview
Regulator MAS (Monetary Authority of Singapore)
Status Legal, progressive regulation
Singapore is regulated by MAS (Monetary Authority of Singapore). The city-state has a progressive approach to crypto regulation with the Payment Services Act. Several major exchanges (Bybit, Bitget) are headquartered in Singapore.
π Top Platforms for Singapore
| # | Platform | Type | Max Leverage | Fees | Rating | |
|---|---|---|---|---|---|---|
| 1 | Interactive Brokers | traditional | 4x | 0% / 0% | β β β β β 4.7 | Visit β |
| 2 | IG Markets | traditional | 30x | 0% / 0% | β β β β β 4.6 | Visit β |
| 3 | Bybit | crypto | 100x | 0.02% / 0.055% | β β β β β 4.7 | Visit β |
β οΈ Legal Restrictions & Requirements
- MAS-regulated platforms required for fiat-to-crypto services
- Crypto advertising restricted to the public
- Leverage limits for retail: 50:1 forex (MAS-regulated brokers)
- Professional investors may access higher leverage
- Payment Services Act covers crypto exchanges
π° Tax Implications
Effective Tax Rate 0% (no capital gains tax)
Singapore has NO capital gains tax. Trading profits from margin trading are generally tax-free unless you are classified as carrying on a trade or business. This makes Singapore one of the most tax-friendly jurisdictions for traders.
Disclaimer: This information is for educational purposes only and should not be considered legal or tax advice. Regulations change frequently. Always consult a qualified professional in your jurisdiction.