iOCBC Leveraged Forex Account
Reliable FX trading with your funds secured at OCBC
For local application
Apply at OCBC Securities with these supporting documents
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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)
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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:
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For retail customers:
- Please email fxdealing@ocbc.com for the application form.
For corporate customers:
- Please email fxdealing@ocbc.com for the application form.
-
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.
-
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.
-
Mail it to us
OCBC Securities Private Limited
18 Church Street #01-00,
OCBC Centre South,
Singapore 049479
Currency Pairs | |||||||
---|---|---|---|---|---|---|---|
Pairing with EUR | Pairing with USD | Pairing with JPY | Pairing with GBP | Pairing with AUD | Pairing with NZD | Other pairings | Precious Metals |
EUR/USD | USD/HKD | HKD/JPY | GBP/USD | AUD/USD | NZD/USD | CAD/SGD | XAG/USD |
EUR/SGD | USD/SGD | NOK/JPY | GBP/AUD | AUD/CAD | NZD/CAD | CHF/SGD | XAU/USD |
EUR/AUD | USD/JPY | CHF/JPY | GBP/CAD | AUD/CHF | NZD/CHF | SGD/CNH | |
EUR/CAD | USD/ZAR | SGD/JPY | GBP/CHF | AUD/JPY | NZD/JPY | NOK/SEK | |
EUR/CHF | USD/CNH | TRY/JPY | GBP/JPY | AUD/NZD | NZD/SGD | ||
EUR/GBP | USD/CHF | ZAR/JPY | GBP/NZD | AUD/SGD | |||
EUR/JPY | USD/CAD | CAD/JPY | GBP/SGD | ||||
EUR/NZD | USD/NOK | CNH/JPY | |||||
EUR/SEK | USD/SEK | SEK/JPY |
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
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.
Start your FX trading journey today
Or email fxdealing@ocbc.com for a forex demo account
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