Wikilix
Licence record

MAS licence Unreleased

Holder
Saxo
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 7, 2026

Licence Verification Record

Monetary Authority of Singapore Unreleased

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

Issuing authority
Monetary Authority of Singapore
Holder
Saxo Bank A/S
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/licenses/monetary-authority-of-singapore/saxo/unreleasedFields on file 2 / 11

Open SaxoAbout 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 Saxo applies it.
The holder

Who holds this licence

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

Broker
Saxo Bank A/S
Based in
Hong Kong
Operating
Above 20 years
Wikilix score
61.3the 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.

  • Saxo Capital Markets HK LimitedHong Kong · Reg. 1395901 · Nov 27, 2009
  • SAXO CAPITAL MARKETS PTE. LTD.Singapore · Reg. 200601141M · Jan 24, 2006
  • SAXO BANQUE (FRANCE)France · Reg. 483632501 · Jul 29, 2005
  • SAXO CAPITAL MARKETS UK LTDUnited Kingdom · Reg. 07413871
  • SAXO BANK (SCHWEIZ) AGSwitzerland · Reg. 463858
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 Saxo holds

4 other licences are on record for Saxo.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Yes, Saxo Bank prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. These restrictions are consistent with regulatory compliance and international sanctions.
Specific KYC requirements for Saxo Bank are not detailed in the provided context. However, as a regulated broker under authorities like FCA and MAS, Saxo Bank is expected to follow standard KYC procedures including identity verification and compliance checks.
Saxo Bank provides customer support via phone, live chat during business hours, and email. They support English language and have multiple regional phone numbers and email addresses for sales and support inquiries.
Saxo Bank offers a maximum leverage of up to 100:1 depending on the jurisdiction and regulatory restrictions. For example, leverage is capped at 30:1 under FCA and CONSOB regulations, while other licenses may allow different limits.
Saxo Bank offers a wide range of regulated financial instruments including forex, stocks, bonds, funds, options, derivatives, commodities, loans, and retail investments. The availability of these instruments varies by jurisdiction but covers major asset classes.
Saxo Bank is regulated by multiple authorities including the UK's Financial Conduct Authority (FCA), Italy's CONSOB, Singapore's MAS, and Japan's FSA. It operates under onshore licenses with high transparency and client fund protection, such as FSCS coverage up to £85,000 in the UK. These regulations indicate a strong commitment to safety and compliance.
Licence Unreleased was issued by Monetary Authority of Singapore (MAS), the financial authority for Singapore.
Saxo 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.
Saxo has 4 other licences on record with Wikilix, across 4 jurisdictions. They are listed further down this page.
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