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Obed Wong

14 Dec 2020

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General Investing

What are the risks involved when signing up a brokerage that is not under MAS yet?

Would you sign up with a brokerage not regulated under MAS?

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1M45

14 Dec 2020

Risk: Scam, no protection if brokerage go bust.

if want invest in SG get MAS regulated, if want to get an oversea brokerage, get a listed company like IBKR, AMTD, at least is there is SEC.

last thing i want is after years of investment the brokerage got shut down.

https://www.mas.gov.sg/news/media-releases/2018...

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