What the MAS actually regulates
The Monetary Authority of Singapore regulates financial institutions, capital markets services, and investment products operating in Singapore. Any entity providing regulated activities — such as dealing in securities, fund management, or advising on investments — must hold the appropriate licence. The MAS publishes its register of licensed entities publicly at mas.gov.sg. This register allows any Singapore resident to verify whether a firm is authorised to conduct specific regulated activities before engaging with it.
The Investor Alert List and what it signals
Separate from the register of authorised firms, the MAS maintains an Investor Alert List of entities that appear to be conducting regulated activities without authorisation. Appearing on this list is not the same as being convicted of an offence — it means the MAS has received information suggesting unlicensed activity and is alerting the public. Before opening an account on any trading platform, including the Quantum AI platform, searching the Investor Alert List is a straightforward due-diligence step. If a platform's operator appears on this list, that is a serious concern.
How to conduct the check in practice
Go to mas.gov.sg and navigate to the Financial Institutions Directory and the Investor Alert List. Search using the platform name first, then the legal entity name found in the platform's terms. A legitimately authorised entity will appear in the Financial Institutions Directory with a named legal entity, a physical Singapore address, and a licence number corresponding to its regulated activities. If your search returns no results in the directory but a result on the Alert List, treat that as a significant red flag requiring further investigation before depositing.
Limitations of this check
The MAS register covers entities regulated under Singapore law. Some trading platforms operate under licences issued in other jurisdictions and serve Singapore residents without holding a local MAS licence. In that scenario, the platform may not appear on the MAS register but may still operate legally under the laws of its home jurisdiction. You would need to verify the relevant foreign regulator's register separately. Regardless of jurisdiction, if a platform cannot clearly state its regulatory status and the specific licence it holds, that ambiguity is a risk factor worth taking seriously.