What does Pepperstone say about Singapore?
Very little, and that is the honest answer. Pepperstone has no page for Singapore: its own website settings send Singapore visitors to pepperstone.com/en, the international site run by Pepperstone Markets Limited in the Bahamas. The Bahamas company's terms say its products are not meant for residents of Australia, the UK, the EU or the US, or anywhere it would be unlawful. Singapore is not named either way.
If you live in Singapore, ask Pepperstone in writing whether it will accept you, and which company would hold your account, before you apply. If it confirms, you can start a Pepperstone application on the international site.
What we found on Pepperstone and Singapore
| Question | Finding |
|---|---|
| Singapore website | None; visitors are routed to pepperstone.com/en |
| Company behind that site | Pepperstone Markets Limited, Bahamas, SCB SIA-F217 |
| MAS licence | None found in the MAS directory |
| Singapore phone number | None published |
| Statement on Singapore residents | None published |
Is Pepperstone regulated in Singapore?
No. A search for Pepperstone in the MAS Financial Institutions Directory, which lists every MAS-regulated entity, returns no result, and Pepperstone's pages name no Singapore company. Its licences come from regulators in Australia, the UK, Cyprus, Germany, the UAE, the Bahamas and Kenya. A Singapore resident who opens an account would deal with the Bahamas company under the SCB, not under MAS.
Does Pepperstone offer SGD-denominated accounts?
Yes, on its international site. Pepperstone Markets Limited lists ten base currencies, including SGD, alongside USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD and HKD. Pepperstone's commission table lists SGD 4.55 per lot per side for Razor on an SGD account.
The deposit table on that site is the same as the Australian one: cards, Apple Pay, Google Pay, PayPal, Neteller, Skrill, crypto and bank transfer. No Singapore method such as PayNow or FAST is published, so ask how an SGD transfer from a local bank would be handled and whether any fee applies.
Is trading with an offshore broker legal for Singapore residents?
We cannot answer that for you, and Pepperstone does not answer it either. It is a legal question that depends on the firm and how it deals with you. What MAS does say is clear: check that a platform holds a MAS capital markets services licence in its Financial Institutions Directory, and check its Investor Alert List. MAS has also blocked access to some unlicensed overseas trading platforms that marketed their services to people in Singapore.
If you are unsure, ask MAS or a Singapore lawyer before you fund an account with any firm that MAS does not license.