Our verdict on KGI Securities
KGI Securities (Singapore) Pte. Ltd. suits a Singapore trader with capital to meet the US$10,000 minimum initial deposit the firm states for individual and joint accounts, who wants leveraged spot FX from a long-established licensee. The firm describes itself as an established brokerage with more than 30 years of experience in the market, and it runs two platforms, KGI MetaTrader 4 and KGI MaxxTrader, with algorithm trading marked "Yes" on both. Funding runs through your Trading Representative or a telegraphic transfer, and the FAQ says commissions differ by product, so you would want the figures that apply to your trading before you commit.
The rating on this page is a desk-based assessment of the firm's published Singapore information and the MAS Financial Institutions Directory, through the site's eight published categories, with the published category weights renormalised over the categories that carry a rating. Six of the eight categories carry a rating; Trading Costs and Trading Experience are blank. Less than half of each blank category could be read from that published information. Before depositing, I would check the margin terms and commission figures that apply to your account on the firm's Singapore site and confirm its FID entry yourself.
Pros
- The MAS Financial Institutions Directory lists KGI Securities (Singapore) Pte. Ltd. as a Capital Markets Services Licensee.
- The firm advertises spreads from as low as 1 pip, subject to market conditions, on major currency pairs.
- A free demo account is available to practise with before you start trading, as the firm states.
- The firm states all customer funds are segregated from the company's account and maintained in a trust account.
- SGD and USD withdrawal requests received before 11:00am are processed within the same day, the firm states.
Cons
- The firm states a minimum initial deposit of US$10,000 for individual and joint accounts.
- The firm's account-opening page states that KGI (Singapore) Pte. Ltd. does not accept cash deposits.
- The firm states that margin requirements for each currency pair are benchmarked to the corresponding FX futures and set by the firm.
Desk-based assessment: scored from published information, not tested
KGI Securities score breakdown
| Area | Rating |
|---|---|
| Trading Costs | Not scored |
| Trading Experience | Not scored |
| Trust | 3.41/10 |
| Trading Platform | 4.74/10 |
| Customer Service | 6.33/10 |
| Range of Markets | 2.6/10 |
| Education | 4.5/10 |
| Funding | 1.88/10 |
The desk score is the published category weights renormalised over the 6 of 8 categories scored; Trading Costs and Trading Experience are blank.
Scored on 6 of 8 categories: Trading Costs and Trading Experience are not scored.
How is our rating calculated?- Blank: Trading Costs: Standard Published Spreads, Standard Tested Spreads, RAW/ECN Published Spread, RAW/ECN Tested Spread, Published Commission Rates, Inactivity Fees, Deposit / Withdrawal Fees, the whole category
- Blank: Trading Experience: Limit Order Speed, Market Order Speed, Professional Leverage, Standard Account, Raw Account, the whole category
- Blank: Trust: Headquarters, TrustPilot Score
- Blank: Trading Platform: Demo Account Expiry
- Blank: Customer Service: Live Chat, CS Knowledge, Website Experience
- Blank: Funding: Base Currencies
How safe is KGI Securities?
Yes, I would treat the licence record as the starting point for any deposit decision here. We read FID on 24 September 2026, and KGI Securities (Singapore) Pte. Ltd. is listed as a Capital Markets Services Licensee.
| Fact | What the record says | Source |
|---|---|---|
| Legal name on FID | KGI Securities (Singapore) Pte. Ltd. | MAS Financial Institutions Directory, read 24 September 2026 |
| Licence types on FID | Capital Markets Services Licensee, Exempt Financial Adviser, Exempt Insurance Broker | MAS Financial Institutions Directory, read 24 September 2026 |
| Products FID lists under Dealing In Capital Markets Products | Securities; Collective Investment Schemes; Exchange-Traded Derivatives Contracts; Over-The-Counter Derivatives Contracts; Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign Exchange Trading | MAS Financial Institutions Directory, read 24 September 2026 |
| FID record last updated | 12 September 2026 | MAS Financial Institutions Directory, read 24 September 2026 |
| MAS enforcement actions and media releases naming the entity as subject | None found, searched 24 September 2026 | MAS enforcement actions and media releases, searched 24 September 2026 |
| Entity printed on the Singapore site | KGI SECURITIES (SINGAPORE) PTE. LTD. | Firm's Singapore site, read 24 September 2026 |
As a Capital Markets Services Licensee, KGI Securities (Singapore) Pte. Ltd. holds a licence to deal in capital markets products.
What FID lists for the entity
You can look the firm up on the MAS Financial Institutions Directory by its name, KGI Securities (Singapore) Pte. Ltd.
MAS actions and the Investor Alert List
We searched MAS’s enforcement actions and media releases, and no action or release names KGI Securities (Singapore) Pte. Ltd. as its subject. Two MAS publications name the firm: a 3 March 2021 ban of a former remisier, and a 21 March 2017 SGX review committee. Neither is an action against the licensee. No entry on the MAS Investor Alert List bears any name we searched.
MAS enforcement and alerts
A search of MAS enforcement actions, media releases and the Investor Alert List on 24 September 2026 under 5 search terms (KGI Securities (Singapore) Pte. Ltd., KGI, KGI Securities, KGI Fraser Securities Pte. Ltd., KGI Ong Capital Pte. Ltd.) returned no MAS enforcement action against this company.
Also named by the MAS, without action against KGI Securities (Singapore) Pte. Ltd.:
Source: the Monetary Authority of Singapore, mas.gov.sg, searched 24 September 2026.
KGI Securities client money
Client money is the first thing I read in any brokerage relationship.
Client money, as the firm states it: segregated, trust account (SFA s104) (Firm's Singapore site, read 24 September 2026)
Negative balance, as the firm states it: client liable for any resulting deficit (Firm's Singapore site, read 24 September 2026)
Where a Singapore client’s money is held
The firm states that all customer funds are segregated from the company’s account and maintained in a trust account.
Who a Singapore client contracts with
The firm prints its own name two ways on its Singapore site, both with the company registration number 195500144H: KGI Securities (Singapore) Pte. Ltd., set in capitals in its footer, FAQ, and risk documents, and KGI (Singapore) Pte. Ltd. on its contact, who-we-are, and account-opening pages. FID’s name is KGI Securities (Singapore) Pte. Ltd.
Negative balances
The firm’s risk disclosure statements say your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.
KGI Securities at a glance
Minimum deposit, as the firm states it: USD 10,000, minimum initial deposit, individual and joint accounts (Firm's Singapore site, read 24 September 2026)
Demo account: Available (Firm's Singapore site, read 24 September 2026)
KGI Securities spreads and commission
The firm’s FAQ answers its own question on spreads with these words: “competitive spreads from as low as 1 pip (subject to market conditions) onwards on major currency pairs”. It names no pair and no account. I would treat that as an advertised minimum on major pairs.
What it costs to trade with KGI Securities
What a trade costs here is the spread the firm advertises plus whatever commission applies to your product, and the firm’s FAQ says commissions differ by product.
Spread on major currency pairs, advertised: as low as 1 pip (Firm's Singapore site, read 24 September 2026)
KGI Securities deposits and withdrawals
The firm names telegraphic transfer for top-ups, says you may fund your account by contacting your Trading Representative, and does not accept cash deposits.
| Fact | What the record says | Source |
|---|---|---|
| Funding route | telegraphic transfer | Firm's Singapore site, read 24 September 2026 |
| Funding route | no cash deposits | Firm's Singapore site, read 24 September 2026 |
| Withdrawals, as the firm states them | SGD and USD withdrawals before 11:00am processed the same day; other currencies 1 to 2 business days | Firm's Singapore site, read 24 September 2026 |
Deposit methods (Singapore clients)
The firm accepts top-ups in SGD, USD, and currencies other than SGD and USD.
Withdrawals
The firm publishes its withdrawal processing times on its FAQ, and they differ between SGD and USD requests and requests in other currencies.
Account opening
Account opening runs online or by downloaded forms for each account type, with the identity and address documents the firm lists.
KGI Securities account types and minimum deposit
The firm offers its trading accounts to individuals, joint holders, and corporates, as its account-opening page sets out.
Account types on the Singapore site: Individual, Joint, Corporate (Firm's Singapore site, read 24 September 2026)
Accredited investor terms, as the firm states them: accredited investor opt-in and opt-out templates published (Firm's Singapore site, read 24 September 2026)
Minimum deposit
The minimum initial deposit the firm states for individual and joint accounts is the number I would check first against my own budget.
Accredited investors
The firm publishes accredited investor opt-in and opt-out templates on its forms page.
If you want to practise on the platform before funding an account, KGI Securities advertises a free demo on its Singapore site. Our page of Singapore brokers with a forex demo account lists it among them.
KGI Securities trading platforms
The firm’s platform comparison names two platforms, KGI MetaTrader 4 and KGI MaxxTrader, and marks algorithm trading and automated trading “Yes” on both.
KGI MaxxTrader
The firm describes KGI MaxxTrader as a “Complete Solution for leveraged Spot FX and NDF Trading”.
KGI Securities app
KGI Securities' app KGI K-Trader for iPhone is rated 2.9 out of 5 from 7 ratings on the Singapore App Store, checked 1 November 2026.
KGI K-Trader is rated 2.6 out of 5 on Google Play (Singapore store) from 18 reviews shown worldwide, checked 1 November 2026.
KGI Securities execution speed and slippage
Our global panel holds no fill time for this Singapore entity. The firm says its dealing desks provide broking, execution, and clearing services around the clock.
KGI Securities markets
The firm’s precious metals page names precious metals, gold among them, and its forms page lists a “Risk Fact Form for FX Contract For Differences (CFD)” with nothing else about FX CFDs on it.
| Fact | What the record says | Source |
|---|---|---|
| Product: spot FX on margin | Offered | Firm's Singapore site, read 24 September 2026 |
| Product: FX CFDs | a risk fact form for FX CFDs is published | Firm's Singapore site, read 24 September 2026 |
| Platforms on the Singapore site | KGI MetaTrader 4, KGI MaxxTrader | Firm's Singapore site, read 24 September 2026 |
KGI Securities leverage and margin for Singapore clients
The margin terms the firm states are its own: benchmarked to the corresponding FX futures and set by the firm.
Margin or leverage, as the firm states it: benchmarked to the corresponding FX futures; set by the firm (Firm's Singapore site, read 24 September 2026)
Risk warning, as the firm prints it: Transactions in leveraged forex carry a certain degree of risk. (Firm's Singapore site, read 24 September 2026)
The rule every MAS licensee works under is Table 18 of the Fourth Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (Rg 13): a 5% minimum margin for a retail customer (20:1, our arithmetic) and 2% for an accredited, expert, or institutional investor (50:1, our arithmetic). That binds every licensee alike, so I would never read it as this firm’s terms.
KGI Securities customer support
The firm operates from Monday to Friday, 9.00 am to 6.00 pm, while its dealing desks provide 24-hour broking, execution and clearing services, as its FAQ and contact page state. Enquiries go by email, WhatsApp or an enquiry form. If you trade outside office hours, the desk hours, not the office hours, are the ones that matter to you.
KGI Securities research, tools and education
The firm’s Singapore site carries a new-to-trading section, daily technical strategies reports it describes as designed for both beginner and advanced investors, and a beginners’ glossary. If you are starting out, the glossary and the new-to-trading section are where I would begin, before you fund anything.
KGI Securities vs Phillip Securities and OCBC Securities
Set beside Phillip Securities Pte Ltd and OCBC Securities Private Limited, KGI Securities (Singapore) Pte. Ltd. offers leveraged spot FX and NDF trading on KGI MetaTrader 4 and KGI MaxxTrader. Phillip Securities states EUR/USD “Best Spread” 0.3 pips on the FX CFD page of the Phillip CFD site, on its FX CFD product running on POEMS and POEMS CFD MT5. OCBC Securities runs the iOCBC Leveraged Forex Account, a spot FX on margin product, as its Singapore site states.
I would not read those three product sets as interchangeable. Phillip Securities sells FX CFDs, OCBC Securities sells spot FX on margin, and KGI Securities sells leveraged spot FX and NDF trading, so the pricing each firm states answers a different question.
KGI Securities sits thirteenth of the eighteen brokers on our Singapore broker list. That list is ordered by score, global and desk scores together, and this firm’s score is a desk-based assessment, scored from published information, not tested.
Should you open an account with KGI Securities?
Yes, if you want leveraged spot FX from a Capital Markets Services Licensee and can meet the US$10,000 minimum initial deposit the firm states for individual and joint accounts.
For me, the fit is a Singapore trader who already works with a Trading Representative and wants a dealing desk.
Before you deposit, read the MAS Financial Institutions Directory entry for KGI Securities (Singapore) Pte. Ltd. yourself, and check the firm’s Singapore site for the margin and commission figures that apply to your account.
KGI Securities FAQs
Who owns KGI Securities Singapore?
What does KGI Securities offer besides leveraged forex?
Is KGI Securities a member of the Singapore Exchange?
Which KGI Securities platform can a Singapore retail client use?
Where is KGI Securities based in Singapore?
Record log
| Record | Detail |
|---|---|
| MAS Financial Institutions Directory read | 24 September 2026 |
| MAS enforcement actions, media releases and Investor Alert List searched | 24 September 2026 |
