Is Exness Regulated by the Mas as of 2025

Exness is a forex and CFD broker offering online trading services to traders and investors worldwide. The broker provides a diverse range of trading instruments, including Forex, CFDs, Cryptocurrencies, Stocks CFDs, Commodity CFDs. It also supports multiple trading platforms and tools such as MT4 MT5.

Exness is regulated by several authoritative bodies such as CySEC, FSA-Seychelles, CBCS, FSC in BVI, FSCA, FSC in Mauritius, CMA. However, Exness is not regulated by the MAS ( Monetary Authority of Singapore). In this article, we will explore Exness’ regulations, and its features, and provide a list of alternative brokers that are regulated by MAS.

Does Exness Operate Under MAS?

No, Exness does not operate under MAS (Monetary Authority of Singapore) regulation. However, the broker is regulated by several other reputable financial authorities including CySEC, FSA-Seychelles, CBCS, FSC in BVI, FSCA, FSC in Mauritius, CMA. These regulatory bodies ensure compliance with various standards for financial stability, transparency, and investor protection, though they do not provide the specific protections offered by the MAS in Singapore.

What Other Regulations Does Exness Have?

CySEC (Cyprus Securities and Exchange Commission):

Exness is regulated by CySEC. Established in 2001, Cysec is Cyprus’s financial regulator. Since Cyprus joined the European Union in 2004, CySEC’s regulations align with the MiFID directive, ensuring compliance with EU-wide financial standards and investor protection. This regulation allows the broker to offer services across the European Economic Area (EEA) under the MiFID II directive, ensuring investor protection and transparency. CySEC regulation requires brokers to follow strict guidelines for handling client funds, including segregation and periodic reporting.

CMA (Capital Markets Authority – Kenya):

Exness is licensed and regulated by the CMA in Kenya. Founded in 1989, The CMA of Kenya regulates the Kenyan capital markets, including forex trading. The CMA allows a maximum leverage of 1:400 and ensures that financial institutions adhere to standards for transparency, fairness, and investor protection. It is operated by the Kenyan government. For more information, visit the CMA website.

FSA-Seychelles,

Exness is regulated by the Financial Services Authority (FSA) of Seychelles. The FSA, established in 2013, oversees the financial services sector in Seychelles to ensure compliance with regulatory standards and to protect investors.

The FSA requires Exness to adhere to guidelines for managing client funds, which include keeping client money separate from company funds and providing regular financial reports. This regulation helps ensure that Exness operates securely and transparently, particularly for clients in Seychelles, and maintains a trustworthy trading environment.

CBCS

Exness is regulated by the Centrale Bank van Curaçao en Sint Maarten (CBCS). The CBCS, established in 1828, is the central bank for Curaçao and Sint Maarten, overseeing financial institutions and maintaining financial stability in the region.

The CBCS requires Exness to adhere to regulations that ensure financial stability and investor protection. This includes maintaining adequate capital, safeguarding client funds by keeping them separate from company assets, and providing regular financial reports. CBCS regulation helps ensure that Exness operates securely and transparently, offering a reliable trading environment for clients in Curaçao, Sint Maarten, and beyond.

FSC in BVI

Exness is regulated by the Financial Services Commission (FSC) in the British Virgin Islands (BVI). The FSC, established in 2001, is the regulatory authority overseeing financial services and institutions in the BVI.

The FSC requires Exness to comply with strict regulations, including maintaining adequate capital, protecting client funds by keeping them separate from company assets and ensuring transparent financial reporting. This regulation helps ensure that Exness operates securely and reliably, providing a trustworthy trading environment for clients in the BVI and internationally.

FSCA

Exness is regulated by the Financial Services Board (FSB) of South Africa. The FSB, established in 1990, was the financial regulatory authority in South Africa responsible for overseeing non-banking financial institutions before being replaced by the Financial Sector Conduct Authority (FSCA) in 2018.

Under FSB regulations, Exness was required to maintain strict standards, including holding adequate capital, protecting client funds by segregating them from company assets, and ensuring transparency through regular financial reporting. This regulation helped ensure that Exness operated securely and reliably, offering a safe trading environment for clients in South Africa.

FSC in Mauritius

Exness is regulated by the Financial Services Commission (FSC) of Mauritius. The FSC, established in 2001, is the regulatory authority overseeing the financial services sector in Mauritius.

The FSC requires Exness to comply with regulations that ensure the safety and transparency of its operations. This includes maintaining adequate capital, protecting client funds by keeping them separate from company assets, and providing regular financial reports. These requirements help ensure that Exness operates securely and reliably for clients in Mauritius, fostering trust and integrity in its trading services.

CMA (Capital Markets Authority – Kenya):

Exness is licensed and regulated by the CMA in Kenya. Founded in 1989, The CMA of Kenya regulates the Kenyan capital markets, including forex trading. The CMA allows a maximum leverage of 1:400 and ensures that financial institutions adhere to standards for transparency, fairness, and investor protection. It is operated by the Kenyan government. For more information, visit the CMA website

Best MAS Regulated Forex Brokers: Alternatives to Exness

Exness is one of the leading forex and CFD brokers. The broker is not regulated by MAS. It is regulated by other top-tier regulators including CySEC, FSA-Seychelles, CBCS, FSC in BVI, FSCA, FSC in Mauritius, CMA. There are several MAS  regulated brokers that can serve as alternatives to Exness. These brokers include: 

These brokers operate under MAS regulation. According to MAS rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about MAS-regulated forex brokers, you can read our content on the best MAS-regulated forex brokers.

How Can I Verify If My Broker is regulated by MAS or Not?

To verify if your broker, such as Exness, is regulated by the MAS, follow these steps:

Step 1: Obtain the Broker’s License Number or Name

The first step in verifying whether a broker is MAS-regulated is to gather the necessary details from the broker’s official website. Look for the broker’s licensed or reference number, which is typically listed in the footer, legal section, or “About Us” page. If the license number is not available, the broker’s name can also be used for verification. Having the correct license number or name ensures a more accurate search when checking the broker’s regulatory status.

Step 2: Search the MAS Financial Institutions Directory

Once you have the broker’s license number or name, visit the official MAS Financial Institutions Directory at https://eservices.mas.gov.sg/fid. Enter the license number or the broker’s name into the search bar and hit enter. This directory contains all MAS-regulated entities, and your search results should show the broker’s profile if they are indeed regulated. This step is critical for confirming that the broker you are considering operates legally under MAS oversight.

Step 3: Check License Type and Status

After locating the broker in the MAS directory, carefully review their profile. Look specifically for the license type and status to ensure that the broker is authorized to offer the services you need. If you are trading forex, verify that the broker is licensed to provide “Spot Foreign Exchange Contracts for Leveraged Forex Trading” under “Dealing in Capital Markets Products.” This step confirms that the broker has the necessary permissions to legally offer forex trading and other related financial products.

Step 4: Verify Broker Contact Details

Another essential step is to ensure that the contact details listed on the MAS website match those provided by the broker on their own site. Pay close attention to details such as the broker’s website URL, email address, and phone number. If the contact details differ, it could indicate that you are dealing with an unauthorized broker or a clone firm that is pretending to be MAS-regulated. Verifying these details helps protect you from potential scams or unauthorized firms.

Step 5: Stay Away from Unlisted Brokers

If you cannot find the broker in the MAS directory, this is a red flag. Brokers that are not listed are likely unauthorized, and trading with them can put your funds at serious risk. Unauthorized brokers often operate without regulatory oversight, meaning they may not adhere to client fund protection rules, leaving your investments exposed. Always stay away from brokers that are not listed in the MAS directory to ensure your money remains safe.

Frequently Asked Questions ( FAQs)

What is Exness?

Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3pips. However, Exness does not have ASIC regulation.

Is Exness Considered Safe?

Yes, Exness is considered safe. Though Exness is not regulated by MAS, it is regulated by other reputed regulatory authorities including CySEC, FSA-Seychelles, CBCS, FSC in BVI, FSCA, FSC in Mauritius, CMA. These regulations ensure strict compliance with industry standards and provide protection for client funds.