Money Brokers
Money brokers are approved and governed under the MAS Act. The money brokers in Singapore shall only provide broking services and not act as principal or take positions in the foreign exchange and money markets. Money brokers shall only deal with banks and financial institutions licensed, approved, registered or regulated by MAS to have direct access to money brokers in Singapore.
For the latest number of money brokers in Singapore, please refer to this link to the Financial Institutions Directory.