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Capital.com has secured authorisation from the Monetary Authority of Singapore and appointed Tony Lim as its local Chief Executive. The move gives the broker a regulated base in a market where it can offer a range of financial instruments.
Singapore permissions cover several instruments
Regulatory records show that the Singapore operation may offer contracts for differences (CFDs), along with securities and collective investment schemes. CFDs are over-the-counter derivatives.
Lim spent nine years leading the Singapore division of London-listed IG Group. He left IG in early 2024, around the time Breon Corcoran joined as its current CEO.
The Singapore plan follows other licensing and hiring activity. Capital.com recently became regulated in South Africa and has said it is considering licences in Japan and Turkey. It is also recruiting local CEOs in Brazil and Chile.
Licences and product plans expand
Capital.com had previously been reported as considering a Singapore licence. Finance Magnates covered those possible plans earlier. Separately, the broker's European business has agreed to buy FxPro's EU client book.
The company has added physical share trading in Europe and plans to extend it to the UAE and UK. Singapore's permissions include securities, although the available information does not confirm whether the broker will introduce share dealing there.
Singapore is also home to established CFD brokers IG, CMC Markets and Saxo. Lim and Capital.com did not respond to requests for comment on the firm's local plans by publication time.
Where this lands in the stack
The licence establishes which broad instrument categories the local operation can offer, but it does not specify the products or workflows Capital.com will launch. Platform and risk teams will need to establish whether securities and CFDs require separate instrument configuration, pricing and margin controls, and how the resulting activity will be reported and reconciled.
Operators should also seek clarity on whether share trading is planned in Singapore, and what arrangements would be needed for settlement and custody if it is. The reported permissions do not answer those questions, or specify implementation dates. Until the launch scope is known, the operational work remains a matter to confirm with the firm.
