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Straits Financial is a regulated brokerage firm that operates under the supervision of the Monetary Authority of Singapore (MAS) and the Securities and Futures Commission (SFC) of Hong Kong. Regulation by MAS means that Straits Financial adheres to strict financial standards designed to ensure fair and transparent practices. MAS regulation mandates that brokers maintain capital adequacy, segregate client funds, and provide clear communication regarding fees and terms. This adds an element of trust and safety for traders, particularly in the Singaporean market. However, the broker's Hong Kong license has been revoked, which is concerning. The revocation of Straits Financial’s SFC license could indicate potential regulatory risks for traders based in or trading with a focus on Hong Kong. This could limit the broker’s reach or expose traders to regulatory uncertainties. In light of this, I would recommend that potential clients closely monitor any future regulatory changes to ensure that Straits Financial's regulatory status does not fluctuate further. Despite this, Straits Financial is still considered legitimate in Singapore, and the MAS regulatory framework provides a certain level of protection for clients, ensuring that Straits Financial complies with local financial laws and industry standards.