Wikilix
Licence record

FOREX.com: MAS licence Unreleased

Issuing authority
Monetary Authority of Singapore
Jurisdiction
Singapore
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Monetary Authority of Singapore. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Monetary Authority of Singapore Unreleased

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
GAIN Global Markets, Inc.
Issuing authority
Monetary Authority of Singapore
Jurisdiction
Singapore
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/forex.com/licenses/monetary-authority-of-singapore/unreleasedFields on file 2 / 11

Open FOREX.comAll FOREX.com licencesAbout MAS
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Singapore
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
Unreleased
Licence type (Wikilix classification)
Retail Forex License
The authority

About MAS

Monetary Authority of Singapore is the authority that issued this licence, and the jurisdiction it applies in is Singapore.

Full name
Monetary Authority of Singapore
Jurisdiction
Singapore
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1971
Oversight
A government or statutory body
Firms we track under it
17 firms
Regulates
forex, Stocks, Fund, Options, Derivatives, Futures
Licences it issues
Capital Markets Services (CMS) Licence
Typical cost of a licence
SGD 500000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

MAS's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Complaints routeFIDReC
  • Maximum leverage1:20
This describes the authority's regime, not how FOREX.com applies it.
The holder

Who holds this licence

The licence above is recorded against FOREX.com. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
GAIN Global Markets, Inc.
Based in
United States
Operating
Above 20 years
Wikilix score
68.3the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • STONEX FINANCIAL LTDUnited Kingdom · Reg. 05616586 · Mar 24, 2006
  • STONEX FINANCIAL PTE. LTD.Singapore · Reg. 201130598R · Oct 11, 2011
  • STONEX FINANCIAL PTY LTDAustralia · Reg. 141774727 · Feb 1, 2010
  • STONEX EUROPE LTDCyprus · Reg. HE409708 · May 30, 2020
  • GAIN CAPITAL GROUP, LLCUnited States · Reg. 3688567 · Aug 1, 2003
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences FOREX.com holds

6 other licences are on record for FOREX.com.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Yes, FOREX.com prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. These restrictions are in place to comply with international regulations and sanctions enforced by its regulatory bodies.
FOREX.com adheres to regulatory requirements for Know Your Customer (KYC) and client verification across its regulated jurisdictions. This includes verifying identity and residency to comply with anti-money laundering laws. Specific KYC procedures are aligned with the standards of regulators like ASIC, FCA, and NFA.
FOREX.com offers leverage up to 200:1 depending on the jurisdiction. For example, the highest leverage is 47:1 under US regulation and up to 30:1 in the UK and Cyprus. Leverage limits comply with local regulatory requirements.
The minimum deposit amount to open an account with FOREX.com is 100 USD. This allows traders to start trading with a relatively low initial investment, although specific account types and conditions may vary.
FOREX.com supports the MetaTrader 5 platform, which is a multi-asset trading software offering advanced analytics, faster execution, and algorithmic trading tools. MetaTrader 5 is available on desktop, web, mobile, and other operating systems, providing flexibility for traders across various devices.
FOREX.com is regulated by multiple top-tier authorities including ASIC in Australia, FCA in the UK, NFA in the US, CySEC in Cyprus, MAS in Singapore, and CIRO in Canada. These regulators impose strict rules on fund segregation and client protection, although mandatory insurance varies by jurisdiction. The broker operates under a market-making model and complies with high transparency and complaint mechanisms.
Licence Unreleased was issued by Monetary Authority of Singapore (MAS), the financial authority for Singapore.
FOREX.com holds this MAS licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the MAS register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates MAS tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
FOREX.com has 6 other licences on record with Wikilix, across 6 jurisdictions. They are listed further down this page.
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