Singapore is known as one of three major financial centers in Asia (the other two being Hong Kong and Tokyo), and is home to a fairly large number of CFD brokers that offer commodity trading. All of these brokers are regulated locally in Singapore by the Monetary Authority of Singapore (MAS), although they may also have foreign branches that are regulated in other countries.
Like everywhere else, commodity CFD brokers in Singapore do not offer trading in the actual underlying commodity, but instead in derivatives contracts that track the price of the commodities. As a result, it is impossible to take physical delivery of a commodity when trading with CFDs; all contracts are instead settled in cash.