KGI Securities Singapore Journal
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KGI Securities Singapore Profile
Website
Year
2001
Country
Singapore
Branches
5
Regulation
MA Singapore
Registration
MA Singapore
Investor protection
Fund protection
no
Publicly traded
TWSE: CFDH
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Broker type
MM
Dealing book
B-book
Execution model
DD
Tier
3
Execution speed
...
LPs total
20
LPs quality
not disclosed
LPs names
not disclosed
KGI Securities Singapore Accounts
MM
Minimum Deposit
5000 $
Leverage
20 : 1
Minimum Lot
0.1 lots
EURUSD spread
1.4 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
30 %
Stop Out
30 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
SGD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
| Update broker |
- Full listing profile: KGI Securities Singapore broker profile
Is KGI Securities Singapore safe?
- Investor protection: no
- Regulation: MA Singapore
- Registration: MA Singapore
- Publicly traded: TWSE: CFDH
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is KGI Securities Singapore trusted?
- Information transparency: limited
★★ - Customer service: virtually non-existent
★ - KGI Securities Singapore website: semi-detailed, updated
★★★ - KGI Securities Singapore popularity (by visitor count): low visits
★★
How KGI Securities Singapore works
Direct market access to real-time tier 1 banks’ liquidity all in a single aggregation platform.
https://www.kgieworld.sg/forex/
KGI Securities (Singapore) Pte. Ltd. which is a holder of a Capital Markets Services Licence regulated by the Monetary Authority of Singapore (MAS) has expanded its regulated activities to include Leverage Foreign Exchange Trading. It is a member of SGX-ST Securities Trading, SGX-DT Derivatives Trading, SGX-DC Derivatives Clearing and CDP Securities Clearing. It is also a Member of ICE Futures Singapore and ICE Clear Singapore.
https://www.kgieworld.sg/forex/who-we-are
2.1 Unless otherwise specified, KGI Securities shall in its sole and absolute discretion act as principalin respect of the NDF Transactions.
2.2 In increasing liquidity for NDF Transactions, the Customer hereby acknowledges and agrees that KGISecurities (or any person authorized by KGI Securities to accept NDF Orders) may quote or stream NDFprices from other regulated financial institution(s) (“Liquidity Provider(s)”) to customers or act as market-makers to customers in providing bids and offers. The Customer also acknowledges that these prices maydiffer from prices provided to other customers of KGI Securities and may be withdrawn or changed withoutnotice.
2.3 Due to the pricing nature of the NDF, there may be occasions where Liquidity Provider(s)erroneously stream out off-market or outdated price(s) (“Untradeable Price(s)”). The Customeragrees that for the Customer’s NDF Transaction(s) which has/have been executed based on suchUntradeable Price(s) (“Untradeable Transaction(s)”), KGI Securities reserves the rights to eitherreject the Untradeable Transaction(s) (the “Rejection”) or adjust the price(s) of the UntradeableTransaction(s) to that/those at or close to the market price(s) prevailing at the time of the executionof the Untradeable Transaction(s) to be advised by KGI Securities (the “Adjustment”).
https://www.kgieworld.sg/forex/resources/ck/files/docs/Oct17%20ver%20-%20NDF%20Agreement.pdf
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