Page 54 - 期货和衍生品行业监管动态（2025年6月）

期货和衍生品行业监管动态

for Singapore residents with effect from 20 June 2025 and consumers with active

accounts with Octa and XM will not be able to access their websites through Internet

Access Service Providers based in Singapore.

The SPF and MAS strongly encourage members of the public to deal only with

regulated online trading platforms with valid capital markets services licenses, which

are listed on MAS’ Financial Institutions Directory. Most unregulated online trading

platforms are located outside Singapore and pose a greater risk of fraud since the

credibility of their operations cannot be easily verified. In addition to being subject to

the risk of financial loss, members of the public may face challenges in pursuing

claims against operators based overseas. Online trading platforms may also require

payment for trades to be made using credit or debit cards, which gives rise to a further

risk of unauthorised card transactions.

The SPF will continue to work with MAS to block access to unregulated

overseas online trading platforms.

https://www.mas.gov.sg/news/media-releases/2025/blocking-of-unregulated-overseas-

online-trading-platforms

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