1. Is IG Markets CFD trading regulated in Singapore?
Yes. IG Markets CFD trading is regulated by the Monetary Authority of Singapore (MAS). IG was established in the UK in 1974 and has been operating in Singapore since 2006, trusted by traders for decades.
2. Which entity operates IG Markets CFD trading?
IG Asia Pte Ltd operates IG Markets CFD trading.
3. How are client funds protected in IG Markets CFD trading?
IG Markets is required to keep your money completely separate from IG's own funds. Your money is held in segregated bank accounts and is ring-fenced, meaning it cannot be used in IG's business activities and remains fully protected even in the unlikely event that IG becomes insolvent. We are subject to the Singapore client money protection rules prescribed under the Securities and Futures Act and the Securities and Futures (Licensing and Conduct of Business) Regulations. These rules stipulate how we may hold and handle moneys that belong to our clients.
4. Where is my money held when using IG Markets CFD trading?
Your money is held in segregated bank accounts under trustee arrangements. This ensures that the cash remains yours, rather than IG's. It also means that it's easily identifiable as client money, so IG and its creditors don't have any charge, liens, or rights of set-off or retention over it.
We have a number of segregated bank accounts at a range of credit-worthy high street banks such as Standard Chartered Bank and UOB.