Is Forex.com a Scam? Regulation Check 2026
We checked Forex.com's licence in the official MAS register. Here is what the public records say.
Verdict
Forex.com is NOT a scam. It holds MAS licence N/A, authorising it to offer trading services in Singapore.
How to verify on the official register
| Regulator | MAS MAS Monetary Authority of Singapore (MAS) |
| Licence Number | N/A |
| Regulated Entity | GAIN Capital Singapore Pte Ltd |
| Founded | 2001 |
What MAS regulation means
MAS-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with MAS directly.
What MAS regulation means for your money
- Client funds held in segregated bank accounts, separate from Forex.com's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with MAS if Forex.com fails to resolve your issue
- Forex.com submits to regular independent financial audits under MAS oversight
Frequently Asked Questions
Is Forex.com a scam or legitimate?
Forex.com is NOT a scam. It holds MAS licence number N/A. MAS is one of the world's most respected financial regulators. The licence is publicly verifiable in the MAS official register.
How do I check Forex.com's MAS licence?
Go to the official MAS website and use the public register search. Search for licence number N/A or the entity name. The record will confirm Forex.com's authorisation status and the scope of its permissions.
Are my funds safe with Forex.com?
As an MAS-regulated broker, Forex.com must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Forex.com encounters financial difficulties.
What protection do I have as a Forex.com client in Singapore?
In Singapore, Forex.com operates under MAS supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with MAS.
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