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Abstract：StoneX Group Inc. has launched its trading platform, FOREX.com, in Singapore, giving local traders access to a wide range of global markets. The platform is operated by StoneX Financial Pte. Ltd., a company regulated by the Monetary Authority of Singapore.
StoneX Group Inc. has launched its trading platform, FOREX.com, in Singapore, giving local traders access to a wide range of global markets. The platform is operated by StoneX Financial Pte. Ltd., a company regulated by the Monetary Authority of Singapore.
With this move, FOREX.com brings its full offering of CFD (Contract for Difference) trading to Singapore. Traders in the region can now access thousands of instruments, including foreign exchange, global stock indices, company shares, gold, silver, and other commodities.
FOREX.com was first launched in the United States in 2001. Over the years, it has grown from a platform focused on foreign exchange into a well-known provider of multi-asset trading services across Europe, the Middle East, and Asia Pacific. In 2020, StoneX acquired Gain Capital Inc., the parent company of FOREX.com, helping to expand its reach in the retail trading market.
Andy Hudson, Head of Retail for Singapore, explained that the launch is an important step in giving Singapore traders access to international markets. He noted that FOREX.com aims to support users at every stage, from learning how to trade to executing trades confidently. The platform offers fast trade execution, competitive pricing, and a range of tools to help users make informed decisions.
The local version of FOREX.com includes customer support during trading hours, learning materials tailored for Singapores market, and tools to help traders manage risk. These features are designed to help both new and experienced traders.
Greg Kallinikos, CEO of the Asia-Pacific region at StoneX, pointed out that the company has had a strong presence in Singapore since 2006. He said the launch of FOREX.com in Singapore builds on that foundation and will allow the company to serve even more clients across the region. He added that customers in Singapore will have access to support five days a week, around the clock.
Clients in Singapore can use both FOREX.com‘s own platforms and third-party platforms, all of which are designed for use on mobile phones, desktop computers, and web browsers. The platform benefits from StoneX’s global network, which includes over 80 offices across six continents, giving users a high level of reliability and regulatory protection.
Today, StoneX serves more than 400,000 retail accounts and over 54,000 institutional and commercial clients worldwide. The company is listed on Nasdaq and is one of the Fortune 100 companies, with operations in major financial centres globally.
The launch in Singapore is part of a wider expansion across Asia. Demand for online trading platforms and mobile access to global markets is growing in the region. StoneX said its Singapore office will help localise FOREX.coms services and better meet the needs of traders in the country.
With this launch, StoneX aims to bring its global experience to Singapore and support traders with the tools, support, and access they need to trade with confidence.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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