Restricted Countries
Site is not directed at residents of the United States and countries belonging to the European Economic Area; not intended where contrary to local law/regulation.
Source
Singapore MAS-regulated multi-asset brokerage offering securities, unit trusts, CFDs, leveraged FX, share margin, research and related investment services through UTRADE platforms.
78
/100
Overall score
Overall score is usable, but check the supporting evidence and caveats.
Read first
78
/100
Overall
Overall is usable, but check the supporting evidence and caveats.
Headline score from research fields, regulation evidence, and scoring payload.
Forex/CFD traders comparing cost, platforms, trust, and withdrawal terms.
General brokerage minimum deposit and full withdrawal terms not fully disclosed in extracted public sources · Licence number not visible in MAS extra…
Trust looks strong, with high-confidence evidence. Still verify country/entity terms.
Withdrawal is usable, but check the supporting evidence and caveats.
Availability
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
Site is not directed at residents of the United States and countries belonging to the European Economic Area; not intended where contrary to local law/regulation.
SourceEvidence
Monetary Authority of Singapore (MAS)
SourceMAS FID page verifies licence status but does not expose a CMS licence number in extracted text; institution detail id 189.
SourceUOB KAY HIAN PRIVATE LIMITED, incorporated in Singapore
SourceNo negative balance protection found; CFD risk disclosure says losses may exceed deposited collateral and client may be liable for deficits.
SourceNo investor-compensation scheme coverage statement found in official extracted sources.
SourceCFD equities: S$3,000; share margin: S$10,000 cash or S$12,500 marginable securities; general brokerage not disclosed.
SourceCFD DMA no added spreads; LFX exact spread-from not disclosed.
SourceCFD equity commissions verified by market; traditional SGX share comparison shows 0.275% online and 0.40% broker-assisted.
SourceMaximum documented leverage: CFD indices up to 20x; CFD equities up to 10x; share margin 5x credit/4x securities.
SourceMost listed deposit methods NIL; telegraphic transfer incurs bank fee.
SourceNot fully disclosed; share-margin terms state TT fees and charges apply.
SourceNo inactivity fee schedule found in official extracted sources.
SourceSite is not directed at residents of the United States and countries belonging to the European Economic Area; not intended where contrary to local law/regulation.
SourceEquities, ETFs, CFDs, leveraged FX, unit trusts, bonds/fixed income and selected leveraged products.
SourceUTRADE Web/Mobile, UTRADE Delta, CFD Pro/Lite/Edge, FX Elite, MT4, Currenex Viking, BondbloX widget.
SourceInstant account; Securities and Unit Trust; UTRADE X Cash Upfront; CFD; Leveraged FX/commodities/CFD indices; Robo; margin facility.
SourceInternet bill payment, FAST transfer, SGD cash at cashier, cheque and telegraphic transfer.
SourceCFD withdrawals via trading representative; UCASH advertises T+1 withdrawal; TT fees may apply for margin withdrawals.
SourceBefore you decide
Minimum Deposit
CFD equities: S$3,000; share margin: S$10,000 cash or S$12,500 marginable securities; general brokerage not disclosed.
Withdrawal Processing Time
General withdrawal processing time not disclosed; UCASH promotion says T+1 Withdrawal.
Withdrawal Fee
Not fully disclosed; share-margin terms state TT fees and charges apply.
Spread From
CFD DMA no added spreads; LFX exact spread-from not disclosed.
Investor Compensation
No investor-compensation scheme coverage statement found in official extracted sources.
VS next
These brokers share similar type or asset-class signals. Open the VS page to compare regulation, cost, platforms, withdrawals, and caveats side by side.
Overall 91 · Trust 100

Overall 91 · Trust 100

Overall 91 · Trust 100
Important disclosure
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.