Leveraged Forex Account

Reliable FX trading with your funds secured at OCBC

Why you will love this

Trade over 40 currency pairs including spot gold and spot silver

Leverage up to 40 times, based on an initial margin of 2.5% (on base currency)

Who can apply

Age 21 and above

Passed CKA (Customer Knowledge Assessment) under MAS requirements

For local application

Apply at OCBC Securities with these supporting documents 

  1. For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Note: Bring the originals of these Identification Documents (ID)

  2. Bring the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.
    If you are applying for a corporate account, please call us at (65) 6536 9812 or fxdealing@ocbcsec.com

For overseas application

Mail in the completed application forms with copies of:  

  1. For retail customers:

    For corporate customers:

  2. Provide a copy of your identification:

    For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Bring your original ID, the photocopy and our account application form to any of the below authorised parties to witness your signature on the form and certify true copy of your ID:

    • Notary Public
    • Advocates & Solicitors
    • Singapore Embassy

    The witnessing officer should provide his/her name and contact details.

  3. Provide us with the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.

  4. Mail it to us

    OCBC Securities Private Limited
    18 Church Street #01-00,
    OCBC Centre South,
    Singapore 049479

Benefits

Market Leading Prices

We provide access to global tier 1 liquidity providers which gives you the best FX prices and liquidity. Enjoy competitive spreads for all currency pairs with fractional pricing for an even tighter spread.

User-friendly and customisable platform

Trade with ease from desktop, tablet or mobile from anywhere in the world.

iOCBCfx Pro available for corporations and professional traders with high forex trade volume.

Straight Through Processing (STP)

We are non-marketmakers who send your trades directly to liquidity providers and do not trade against you.

24/5 help desk

Receive technical assistance during market hours. Access to our call-in dealing desk whenever you need to.

List of currency pairs
Currency Pairs
Pairing with EUR Pairing with USD Pairing with GBP Pairing with AUD Pairing with JPY Pairing with NZD Precious metals Pairing with CAD Pairing with CHF
EUR/USD USD/HKD GBP/USD AUD/USD HKD/JPY NZD/USD XAG/USD CAD/SGD CHF/SGD
EUR/SGD USD/SGD GBP/AUD AUD/CAD NOK/JPY NZD/CAD XAU/USD CAD/JPY
EUR/AUD USD/JPY GBP/CAD AUD/CHF CHF/JPY NZD/CHF
EUR/CAD USD/TRY GBP/CHF AUD/JPY SGD/JPY NZD/JPY
EUR/CHF USD/ZAR GBP/JPY AUD/NZD TRY/JPY NZD/SGD
EUR/GBP USD/CNH GBP/NZD AUD/SGD ZAR/JPY
EUR/TRY USD/CHF GBP/SGD
EUR/JPY USD/CAD
Products you can trade with this account
Forex and Precious Metals

Trade over 40 currency pairs as well as Spot Gold and Silver.

Learn more

Before you apply

Eligibility requirements

Minimum age

21 years old

Passed Customer Knowledge Assessment (CKA) per MAS requirements


Deposit requirements

Initial deposit

  • S$1,000 for local residents
  • S$5,000 for foreigners
  • S$100,000 for corporates


Disclaimers

Risk warning for trading leveraged FX
Transactions in leveraged FX carry a high degree of risk. The amount of initial margin is small relative to the value of the leveraged FX transaction. As such, the transaction is highly 'leveraged' or 'geared'. A relatively small market movement will have a porportionately larger impact on the funds you have deposited or will have to deposit; this can work in your favor or against you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to deposit substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the specified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.

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