Capital.com Wins Singapore License and Hires Former IG Ceo

The licence was granted by the Monetary Authority of Singapore (MAS), the country's central financial regulator. According to regulatory records, Capital.com's Singapore entity is authorised to offer securities, collective investment schemes and over the counter derivatives, including contracts for difference (CFDs).

The approval gives Capital.com access to one of Asia's most closely regulated financial markets, where regulatory scrutiny over financial services providers remains a central consideration for firms seeking to attract retail trading clients.

The company has also appointed former IG Singapore chief executive Tony Lim to lead its local operations, with plans to begin onboarding clients in early 2027. Lim previously spent nine years leading IG's Singapore business as chief executive and managing director before departing in early 2024. Lim said the immediate priority would be establishing the necessary foundations for the business, including client onboarding procedures, customer protection measures and investor education. He also highlighted the importance of providing market insights that help clients understand trading risks before making investment decisions.

Capital.com executive director Valentina Rzheutskaya described Singapore's licensing framework as a demanding process that examines corporate governance, internal controls and capital requirements. She said operating under a local licence would subject the company to regulatory oversight covering areas such as client onboarding, risk communication and the safeguarding of customer assets.

Singapore is not the only market where Capital.com has been pursuing regulatory expansion. The broker has also obtained regulatory approval in South Africa and has previously explored opportunities in markets including Japan and Turkey. Its recruitment of local executives in Brazil and Chile further indicates an effort to establish a broader international presence.

Beyond its traditional CFD business, Capital.com has also moved into physical share trading in Europe, with potential plans to extend the offering into additional markets. Its newly acquired Singapore permissions could provide room for a broader range of financial products, although the company's precise product rollout in the country has yet to be confirmed.

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