Read this disclosure carefully before acting on any signal or opening any trading account. It applies to everything published on this site for visitors in Singapore.
Nature of the risk
Trading foreign exchange, contracts for difference (CFDs) and other leveraged derivatives carries a high level of risk and is not suitable for every investor. These are complex instruments, and the majority of retail investor accounts lose money when trading CFDs.
That is not a figure of speech. Among the brokers covered on this site, 79.6% of retail investor accounts lose money trading CFDs with Pepperstone Markets Limited (the Bahamian entity that onboards Singapore residents) and 79.75% with Capital.com's international entity. You can lose your entire deposited capital, and losses can accumulate quickly. Never trade with money you cannot afford to lose, or with funds set aside for essential needs and obligations.
Leverage and execution risk
Leverage magnifies both profits and losses. With leveraged positions, a small price movement against you can produce a loss that is large relative to your deposit. Offshore-licensed entities commonly offer far higher leverage than a MAS-licensed firm would, which increases that exposure rather than reducing it.
Execution at your intended price is not guaranteed. None of the brokers we cover offers a guaranteed stop-loss, and in fast or gapping markets a stop can be filled at a worse price than the level you set. Understand margin requirements, and the possibility of margin calls and forced liquidation, before trading any leveraged product.
We do not provide investment advice
All content on www.besttradingsignal.com — including signals, analysis, reviews, guides and performance figures — is general information and education. It is not personal investment, financial, legal or tax advice and does not consider your individual situation. We hold no capital markets services licence and no financial advisers licence from the Monetary Authority of Singapore. You are solely responsible for your trading decisions and their results. If you are unsure whether leveraged trading is appropriate for you, consult an independent licensed financial adviser.
Signals do not guarantee profit
Trading signals are analyst opinions about probable price movements. They can be wrong, and losing trades occur regularly even within a strong record. Our published track record — including the 93% average weekly accuracy by points described on the performance page — is historical, and past performance is no guarantee of future results. Your personal results will differ with your position sizing, spreads, execution, timing and the USD/SGD rate.
Be wary of anyone, anywhere, who promises certain profits from trading. Guaranteed returns do not exist in financial markets.
Our relationship with brokers
Best Trading Signal is an independent publisher, not a broker and not a firm licensed to provide regulated financial services in Singapore or elsewhere. We are marketing affiliates of Pepperstone and Capital.com and may receive a commission when you open an account through those links, at no extra cost to you. Our signals service is separate and is not affiliated with, provided by or endorsed by any broker. Your contractual relationship for any account, deposit or trade is directly with the broker, and we are not responsible for its services, execution or policies, or for any dispute between you and a broker.
Regulation and availability in Singapore
In Singapore, dealing in capital markets products is a licensable activity under the Securities and Futures Act 2001, and licensed firms are supervised by the Monetary Authority of Singapore (MAS) and listed in the MAS Financial Institutions Directory. Firms such as IG Asia, Saxo Markets Singapore, Interactive Brokers Singapore, Moomoo Financial Singapore, Tiger Brokers (Singapore), CMC Markets Singapore and Phillip Securities operate as licensed firms in Singapore; verify the exact legal entity in the Directory before you deposit with any of them.
None of the brokers ranked on this site holds a MAS licence. A Singapore resident opening a Pepperstone account is onboarded by Pepperstone Markets Limited, Nassau, licensed by the Securities Commission of The Bahamas under licence SIA-F217; Capital.com onboards through Capital Com Online Investments Ltd under SCB licence SIA-F245 — neither of which is a Singapore licence. Trading through any of them means no MAS supervision of the firm's conduct, no MAS complaint escalation route, and no Singapore investor-protection framework behind your account; your recourse runs through the law and regulator of the licensing jurisdiction.
Signal providers such as us are not regulated as financial advisers by MAS or any other authority — we publish analysis and education, we do not manage money or give personal advice. It is your responsibility to confirm that trading these products, and using a broker licensed outside Singapore, is lawful and appropriate for your own circumstances before acting on any signal. Our best trading brokers Singapore guide sets out that comparison in full.
Tax
Singapore does not impose a capital gains tax, but gains from activity carried on as a trade or business may be assessable as income under the Income Tax Act, and the Inland Revenue Authority of Singapore decides that on the facts of each case — frequency of transactions, holding period, financing arrangements and intent all count. We are not tax advisers and nothing here is tax advice; check your own position with IRAS or a qualified adviser.