Wikilix
Licence record

MAS licence PS20200666

Holder
Straits Financial
Jurisdiction
Singapore
Licence type
Retail Forex License
Last checked
Aug 3, 2026

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.

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Monetary Authority of Singapore PS20200666

Wikilix read the MAS register on Aug 3, 2026. This is what it said.

Issuing authority
Monetary Authority of Singapore
Holder
Straits Financial Group
Jurisdiction
Singapore
Licence type
Retail Forex License
Register status
Active

Checked Aug 3, 2026

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/straits-financial/ps20200666Fields on file 8 / 11

Open Straits FinancialAbout MAS
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 1
Jurisdiction
Singapore
Last checked
Aug 3, 2026
Register says
Active

Finding

A Major Payment Institution licence under Singapore's Payment Services Act 2019, held by the group's digital asset arm Straits Millennium Pte. Ltd. and confirmed on the MAS directory. This is a payment services licence covering digital payment token services. It is a real MAS licence, but it is not a trading or investment licence and it does not carry the investor protections of the Capital Markets Services licence, so it should not be read as authorisation to run an investment business. Client protection: Moderate and narrow. It brings anti money laundering, conduct and safeguarding duties for payment and digital token services, but it is not investment regulation and offers no protection for trading losses..

Exhibit

Register screenshot, captured Aug 3, 2026
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
PS20200666
Licence type (Wikilix classification)
Retail Forex License
Register status
Active
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 Straits Financial applies it.
The holder

Who holds this licence

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

Broker
Straits Financial Group
Based in
Hong Kong
Wikilix score
80.9the firm’s overall score, not a rating of this licence

Wikilix has flagged Straits Financial as a scam. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

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

  • STRAITS FINANCIAL GROUP PTE. LTD.Singapore · Reg. 201011823M · Mar 21, 2017
  • STRAITS FINANCIAL SERVICES PTE. LTD.Singapore · Reg. 201023452M · Nov 3, 2010
  • STRAITS FINANCIAL (HONG KONG) LIMITEDHong Kong · Reg. 2004396
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.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Straits Financial holds

3 other licences are on record for Straits Financial.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Yes, Straits Financial offers customer support in English, Simplified Chinese, and Traditional Chinese. Live chat is available during business hours, and contact can also be made via phone or email.
According to WIKILIX data, Straits Financial offers a maximum leverage of up to 20:1 under the regulation of MAS in Singapore and up to 13:1 under the SFC in Hong Kong, depending on the jurisdiction and instrument.
The minimum deposit amount to open an account with Straits Financial is USD 100. This applies across most funding methods including credit cards and e-wallets.
Straits Financial supports deposits and withdrawals via bank transfer, credit cards, e-wallets, other licensed brokers, CME, and cash deposits. Bank transfers typically take 2-3 business days for deposits and up to 5 business days for withdrawals, with a withdrawal fee of USD 40.
Straits Financial Group is regulated by the Securities and Futures Commission (SFC) in Hong Kong and the Monetary Authority of Singapore (MAS). Both regulators are tier 1 and government-authorized, ensuring high transparency and strict fund segregation, although there is no mandatory client fund insurance.
Licence PS20200666 was issued by Monetary Authority of Singapore (MAS), the financial authority for Singapore.
Straits Financial holds this MAS licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the MAS register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates MAS tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
This page links straight to the MAS register. Search it for PS20200666, and for the name Straits Financial rather than the trading brand.
Straits Financial has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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