Anonymous

26 Aug 2019

∙

Why are there so many Forex/Trading ads featuring Singaporeans seen on Facebook?

Are they legal or MAS regulated?

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Junus Eu

26 Aug 2019

I like to check the MAS Investor Alert list: https://www.mas.gov.sg/investor-alert-list - for eg. iQuadrant was one of them.
As such when you see such ads, it's always good practice to check against this list.
Side note: Clearly they indicated your demographic when they did their Facebook ad targetting!

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Gabriel Tham

26 Aug 2019

Tag Team Member at Kenichi Tag Team

Most are not regulated. They just put a disclaimer that the course is educational purposes only and not meant to be financial advice etc etc etc.

Be wary, selling courses is very lucrative when they promise some magical formula to forex trading success.

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