FOREX.com, a leading trading platform under StoneX Group Inc, has officially launched in Singapore, marking a significant expansion in the retail and self-directed contract for difference (CFD) trading sector. The platform, regulated by the Monetary Authority of Singapore, aims to empower local traders with access to thousands of global CFD markets, including top foreign exchange pairs, indices, shares, and commodities.
The launch represents a strategic milestone for StoneX, a Fortune 100 company, which acquired the holding company of FOREX.com in 2020. Andy Hudson, Head of Retail in Singapore, highlighted the platform’s commitment to supporting users from education through to execution, stating, “FOREX.com supports its users from education through to execution and empowers retail customers to trade with confidence.”
Since its inception in the United States in 2001, FOREX.com has expanded its reach across Europe, the Middle East, and Asia Pacific. The platform is renowned for its comprehensive trading and risk management tools, robust educational resources, and customer-first solutions. Greg Kallinikos, CEO APAC, noted, “We are proud to expand this servicing further by having FOREX.com launch in Singapore and help us connect even more clients to markets.”
Singaporean traders will benefit from dedicated support available 24 hours a day, five days a week, ensuring seamless facilitation of their trading needs. This expansion is set to enhance the trading experience for local retail traders, providing them with the tools and resources necessary to navigate the global financial markets confidently.
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