Best online brokerage & trading platform in Singapore [October 2026]

What happened?

The best online brokerage in Singapore depends on what you want to invest in and how you plan to build your portfolio.

Some platforms stand out for beginner-friendly tools, while others offer competitive fees for Singapore stocks, US stocks and ETFs, or regular investing.

After comparing the different brokerage accounts, I realised there is no single best trading platform for every investor.

For this October 2026 update, we compare fees, market access and platform features, alongside support for CDP-linked holdings and CPF or SRS investing.

I put together this guide to help you weigh these differences and find a platform that matches your investing needs.

We start with our shortlist for different types of investors, followed by detailed comparisons to help you choose.

Best online brokers in Singapore by investor need [October 2026]

The best brokerage for a beginner buying their first ETF may be different from the best platform for someone managing investments across several markets.

Here are the platforms we would shortlist for five common investing needs:

• Best all-round trading platform for beginners: Moomoo Singapore. Its combination of educational resources, market information and research tools makes it worth considering if you want to learn and manage investments within one app.
• Best for lowest headline brokerage fees: IG Markets. Its share trading account offers zero commission and platform fees, although currency conversion and third-party charges can still apply.
• Best for Singapore stocks and ETFs: Longbridge Singapore. It is a competitive custodian option for investors looking for low ongoing trading fees. Compare it with IG Markets if headline brokerage cost is your main priority.
• Best for US stocks and ETFs: Webull Singapore. It offers zero commission and platform fees for US stock and ETF trades, with recurring investment features for investors who want to invest regularly. Syfe and IBKR Lite are also worth comparing.
• Best for CDP-linked investing: Moomoo Singapore and DBS Vickers Cash Upfront. The better choice depends on your trade size and whether you are buying or selling.

We assess the platforms using published fees, market and product access, account structure and investing features, and explain the main limitations alongside each pick.

Welcome rewards do not determine our picks, and we highlight alternatives where there is no clear winner.

Want to automate your investments? Compare Regular Savings Plans in Singapore by market access, costs and minimum investment amounts.

Best all-round trading platform for beginners: Moomoo Singapore

Moomoo Singapore is our all-round shortlist pick for beginners who want educational resources, investment research and trading tools within the same platform.

Its learning content can help users explore investing concepts, while its stock-screening tools, charts and company information allow them to research investments in more detail.

The platform also offers a CDP-linked option for eligible Singapore shares.

However, a platform with more features is not necessarily easier for everyone to use.

If I were starting out, I would first learn how to fund the account, find my chosen investment, understand the order screen and check the charges before placing a trade.

Lowest headline brokerage fees: IG Markets

IG Markets stands out for zero commission and platform fees on its share trading account, including access to Singapore and overseas shares and ETFs.

This makes it worth comparing if minimising the broker’s transaction charges is a priority.

However, zero commission does not mean there are no investing costs. Currency conversion, exchange charges and other applicable fees can still affect the amount paid.

For overseas investments, I would compare the exchange rate and conversion charges alongside the brokerage fee. A platform with a small trading commission could still work out cheaper overall for a particular transaction.

Lowest headline brokerage fees: IG Markets
Pros: Zero commissions and zero platform fees on Singapore, US and Hong Kong trades Offers up to ~3% p.a. interest on eligible holdings (first in the market) Broad access to US, UK, SG, HK, JP and AU stocks and ETFs	Cons: Not able to invest with CPF/SRS funds No access to funds and bonds
Exclusive Promo:   Get S$20 FairPrice voucher when you sign up for a IG Markets account via Beansprout. Also, earn $168 cash reward, plus 3% p.a. on invested shares and ETFs*. T&C apply. Find out more about Beansprout exclusive IG promotion here.
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Best for Singapore stocks and ETFs: Longbridge Singapore

Longbridge Singapore is a competitive option for investors who want to build a portfolio of Singapore stocks and ETFs in a custodian account.

Its commission-free offering should be considered alongside its platform fee and applicable third-party charges. I would compare the cost at my usual trade size and check the ongoing rate after any promotional fee coupons end.

Trading platform with one of the lower-cost trading platform for Singapore stocks is Longbridge Singapore
Pros: Longbridge offers lifetime zero commission trading for Singapore, US and HK stocks Longbridge offers access to bonds and funds Longbridge has an attractive sign-up promo	Cons: Not able to invest with CPF/SRS funds No access to London Stock Exchange
Exclusive Promo:   ⭐️Get a S$80 FairPrice voucher or 3-month access to Beansprout Pro worth S$120 within 5 working days, a 10% p.a. interest boost coupon worth up to S$88, and up to S$1,300 in NVIDIA fractional shares when you sign up for a Longbridge account via Beansprout. T&Cs apply. Find out more about Beansprout exclusive Longbridge promotion here. See how I stacked up to S$249 in Longbridge welcome rewards with a S$2,000 deposit.
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Best for US stocks and ETFs: Webull Singapore

Webull Singapore stands out for zero commission and platform fees on US stock and ETF trades.

Its recurring investment features are an additional benefit if I want to invest regularly rather than place every order manually.

One of the lowest-cost trading platform for US stocks and options is Webull Singapore
Pros: Zero commission and platform fees for US stocks & ETFs. No platform fees for US Options. Options commission at USD 0.55 per contract. Offer access to SGD and USD money market funds through Webull Moneybull, with T+0 availability for trading Dynamic Regular Savings Plan (RSP) supporting both DCA and DVA Access to US, SG, HK and China A-share markets Attractive sign-up promo	Cons: Not able to invest with CPF/SRS funds No access to London Stock Exchange
Exclusive Promo:   ⭐️Get $50 Fairprice voucher^ or two months of Beansprout Pro access (worth S$80) within 5 working days plus up to S$1,888 in welcome rewards. T&Cs apply.  Find out more about Beansprout exclusive Webull promotion here. Learn how I earned S$118 in welcome rewards with Webull as a new user here.
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Best brokerage for ETF Regular Savings Plans: FSM Global

FSM Global is worth comparing if I want to automate ETF purchases. Its ETF RSP currently offers 0% processing fees on buy orders, including eligible ETFs listed in London.

This can be useful when investing smaller amounts regularly, where a minimum commission on each purchase could otherwise take up a larger share of my contribution.

Best trading platform for Regular Savings Plan (RSP) into ETFs is FSM Global (formerly FSMOne) by iFast
Pros: FSM Global offers zero fees for buy orders for ETFs through its Regular Savings Plans (RSPs) FSM Global offers competitive fees for CDP-linked account FSM Global allows you to invest with CPF/SRS funds	Cons: Not the lowest fee for trading US and Singapore stocks
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Best for CPF and SRS investing: POEMS and FSM Global

POEMS and FSM Global are platforms I would compare if I plan to invest CPF or SRS funds.

I would first identify the investment I want to buy and check that it is eligible under the relevant scheme. I would then compare brokerage costs, ongoing fund or platform fees and any agent-bank charges.

How to pick the best online brokerage and trading platform in Singapore

There are a few key considerations when picking an investment platform that suits your needs. We would be looking at the following:

• Licensed and trusted. We would like our money to be safe with the investment platform. One of the ways to have a greater peace of mind is to ensure that the brokerage is licensed by the Monetary Authority of Singapore (MAS). All the brokerages we compare in this review are regulated by the MAS.
• Low fees. Trading commission fees may erode your long term investment returns, which is why we will be comparing the commission fees and platform fees you will incur across different brokerages.
• Product and market access: It is also important to select a broker that offers you access to the products and markets you are looking to invest in. For example, some brokers may not offer you the ability to invest in the Singapore market or trade options, so you will need to find one that meets your investment style.

Lowest cost online brokerage for trading Singapore stocks and ETFs

When you are picking a brokerage account in Singapore, you will find that there are two different account types: CDP-linked accounts and custodian accounts.

With a CDP-linked account, the stocks are purchased in your name and held in your CDP account. With a CDP-linked account, you become the owner of the shares listed on the Singapore Exchange and a company shareholder. 

With a custodian account, your ownership in the stock will be through the broker, which will hold the shares in CDP on your behalf. However, you will remain the ultimate beneficial owner of the stock. 

Custodian accounts typically offer lower fees compared to CDP accounts. 

To learn more about how to decide between a CDP and custodian account, check out our comparison here. 

Custodian accounts

For Singapore stocks, several online brokers now offer relatively low trading fees, although it is important to distinguish between standard fees and promotional waivers for new users.

Moomoo SG, Longbridge, Webull Singapore, Tiger Brokers, IG Markets and Syfe Trade offer competitive rates with a total commission fee and platform fee of 0.06% and below, and minimum fee per trade of below S$2. 

Longbridge Singapore has one of the lowest fees for Singapore stocks, with lifetime zero commissions and a platform fee of 0.03% (minimum platform fee of S$0.99). Currently, this platform fee is waived for the first 90 days for new users.

Webull Singapore also offers competitive fees for trading Singapore stocks and ETFs, with a 0.025% commission fee and 0.025% platform fee, subject to a minimum of S$0.80 each. New clients currently receive 1 year of free commission, which lowers the cost further for those starting out.

Moomoo Singapore is also currently offering 1-year zero commission for Singapore stocks for new users, bringing the minimum fee down to S$0.99 or 0.03% per transaction. Moomoo is also best for new investors just starting out on their journey with its easy signup process, and beginner-friendly mobile app interface. 

IG Markets is currently offering S$0 commission and S$0 platform fees for Singapore, US and Hong Kong trades. There is also no FX charges for SG stocks. However, they charge a small spread on the FX rate for international trades.

CMC Invest offers a competitive commission of 0.04%, with a minimum fee of S$2. Users also get 5 free trades per month for SG stocks. ProsperUs is also offering a promotional fee of 0.06%, with no minimum fee.

This is followed closely by POEMS, Interactive Brokers and SAXO Classic, which charge a commission of 0.08% per trade. 

For investors who prefer a flat fee when buying Singapore ETFs, FSM Global offers a flat fee of S$3.80 per SGX ETF trade, which makes it cost-effective for investors buying a significant amount of ETFs in one trade. 

Best CDP-linked brokerage account in Singapore

A CDP-linked account may be suitable if you prefer your Singapore shares to be held directly in your name, although trading fees are typically higher than with custodian accounts.

Moomoo SG now supports direct CDP account linkage and it allows you to buy and sell Singapore stocks with a minimum fee of S$9.98 before GST and SGX charges.

While Moomoo's percentage fee may be slightly higher, its lower minimum fees make it more cost-efficient for investors who are investing smaller amounts.

For example, if you buy 100 units of an Singapore Airlines stocks  priced at S$6.40 each, the total trade value comes to S$640. 

With a traditional CDP-linked broker, the commission of 0.18% works out to S$1.15, but because the minimum commission applies, you would still pay S$25 for the trade. 

In comparison, using moomoo’s CDP-linked account, you pay only S$9.98 before GST and SGX charges.

We worked out that for trades below S$4,500, Moomoo tends to be more cost-effective. 

The runner-up would be the DBS Vickers account which allows you to purchase Singapore stocks through a CDP account with a minimum fee of S$10.90.

Cash upfront accounts require you to deposit money into the trading account before you can purchase stocks. 

The amount you have funded is the buying power you will have on your investments. 

However do note that the minimum fee with DBS Vickers Cash Upfront account only applies to buy trades. Sell trades are subject to the standard cash trading rate of 0.18%, with a minimum commission of S$27.25 inclusive of GST.

The minimum fee for trading Singapore stocks using CDP-linked account that does not require you to put in the cash upfront would be S$27.25 per trade. 

Read our step-by-step guide on how to open a CDP account here.

If you wish to sell your CDP holdings, the following brokers offer selling via CDP:

Lowest cost online brokerage for trading US stocks and ETFs

Webull now offers zero platform fees and zero commission for US stocks and ETFs with no minimum fees, making it one of the most competitive online brokerage for trading US stocks and ETFs.

IG Markets also offers 0% commission on all stock and ETF trades as well as no platform fees. 

POEMS Cash Plus also offers zero commission and zero platform fees for online trades in US stocks and ETFs. Exchange-imposed fees may still apply.

This is followed by Longbridge, Moomoo SG, with zero commissions, although Moomoo has a US$0.99 per trade, and Longbridge has a minimum platform fee of US$0.99. 

CMC Invest charges 0.03% commission with a minimum fee of US$3 after the free-trade allowance. Its Invest tier currently includes 10 free US trades per month.

Syfe Trade now offers US$0 commission for US stocks and ETFs across all account tiers. Regulatory fees may still apply.

FSM Global offers a flat fee of US$3.80 per trade for US ETFs, which makes it cost-effective for investors buying a significant amount of ETFs in one trade. 

Lowest cost online brokerage for trading LSE ETFs and stocks

If I want to invest in London-listed ETFs or stocks, I would first check whether the brokerage provides access to the London Stock Exchange.

This may be relevant if I want to invest in Irish-domiciled UCITS ETFs such as CSPX or VWRA.

Among the platforms I would compare are IG Markets, eToro, CMC Invest, Interactive Brokers, Saxo, Syfe and FSM Global, although their trading fees, FX conversion costs and available securities differ.

IG Markets offers 0% commission and no platform fees for stocks and ETFs listed on the London Stock Exchange (LSE), including selected Irish-domiciled ETFs. 

eToro also provides access to selected LSE-listed stocks and ETFs, including UCITS ETFs such as CSPX and VWRA. It currently charges 0% commission on ETF trades, while a US$1 or US$2 commission may apply to stock trades depending on the exchange. eToro also passes on a 0.5% UK Stamp Duty Reserve Tax on purchases of UK-listed stocks.

For LSE-listed ETFs, both IG Markets and eToro currently charge 0% commission, although FX conversion and other applicable charges may still apply.

CMC Invest also provides access to UK shares, with its Invest tier currently including 10 free UK trades per month.

Interactive Brokers charges 0.05% of trade value under its tiered pricing, with a minimum fee of GBP 1 per order. Its fixed pricing also starts from 0.05%, with a higher minimum of GBP 3 per order.

Syfe charges from 0.04% of trade value, with a minimum of GBP 1.29 per order for its Blue tier. Fees are lower for some higher account tiers.

Saxo offers LSE stock trading with a minimum commission of GBP 3 per order, while FSM Global charges 0.15% of trade value, with a minimum of GBP 15 per order.

FSM Global also offers 0% processing fees for LSE-listed ETFs bought through its ETF Regular Savings Plan, which may be worth comparing for investors who invest regularly rather than through one-off trades.

Lowest cost trading platform and online brokerage for CPF investments

According to CPF, there are only ten platforms that allow you to invest using CPF and SRS funds. These would include DBS Vickers, OCBC Securities, UOB Kay-Hian, FSM Global, CGS International Securities, Phillip Securities (POEMS), Maybank Securities, Lim & Tan, KGI Securities (Singapore) and Tiger Brokers.

Unfortunately, you will not be able to invest your CPF or SRS funds with popular online brokers like Moomoo SG, and Webull.

POEMS Cash Plus charges 0.06% to 0.08% per trade for Singapore stocks and ETFs, depending on the account's Total Asset Value, with no minimum commission.

FSM Global also has comparatively lower commission fees with a fixed rate of S$8.80 per transaction.

Whether POEMS Cash Plus or FSM Global has the lower trading fee depends on the POEMS account tier, trade size and whether I am buying a stock or ETF.

For investors looking to start a Unit Trust Regular Savings Plan (RSP) using CPF or SRS, POEMS and FSM Global are the primary low-cost contenders.

While both POEMS and FSM Global lead the market with 0% sales charges for Unit Trust Regular Savings Plans (RSP), their fee structures diverge when using SRS funds.

FSM Global includes a quarterly platform fee for SRS investment in unit trust. This fee is tiered at 0.0875% for the first S$300,000 in most funds (dropping to 0.05% thereafter) and a flat 0.05% for Fixed Income funds.

Best online brokerages for regular investing in stocks and ETFs

If I want to build my portfolio steadily through dollar-cost averaging, the best platform depends on which market and products you want to invest in. 

See our Regular Savings Plan comparison for the latest fees, minimum investment amounts and market access across the main RSPs.

For US-listed stocks and ETFs, Webull Singapore is one of the more attractive low-cost options. Its Regular Savings Plan supports US-listed stocks, US-listed ETFs, and SGD/USD mutual funds. It currently offers a promotional 0 platform fee for its RSP, and has no platform fees or commissions on US stocks and ETFs.

Tiger Brokers is also worth considering if you want recurring exposure across both the US and Hong Kong markets. Its Auto-Invest feature has a low entry threshold of US$2 for US stocks and ETFs, and HK$500 for Hong Kong stocks. For smaller US recurring orders that result in less than 1 share, Tiger charges 1% of trade value, capped at US$1, which keeps costs relatively low. It also stands out for giving access to the Hong Kong market through the same auto-invest feature, which adds flexibility if you want to build positions in both US and HK counters over time.

For Singapore stocks and ETFs, FSM Global and POEMS stand out as two of the more cost-effective options for regular savings plans.

If you are looking to RSP into Singapore stocks, POEMS Share Builders Plan offers one of the best value among the dedicated Singapore stock savings plans. It is a fixed-dollar monthly plan from S$100, with a handling fee of 0.3% per annum of total portfolio value, subject to a minimum of S$1 a month and capped at S$8.88 or S$5.88 depending on portfolio size. POEMS’ Share Builders Plan also covers a curated list of Singapore shares, REITs, and ETFs.

If you are looking to RSP into Singapore-listed ETFs specifically, FSM Global looks strongest on cost. Its ETF RSP currently offers 0% processing fees and covers more than 250 ETFs across SGX, HKEX, LSE and US exchanges. That makes it especially compelling if your main focus is building ETF exposure over time rather than buying individual Singapore stocks.

POEMS Recurring Plan is also worth considering if you want more flexibility, as it covers US, Hong Kong and Singapore stocks and ETFs.

The fees follow the prevailing brokerage rates for your POEMS account. For Cash Plus accounts, US stocks and ETFs currently have 0 commission, while fees for Singapore and Hong Kong trades depend on your account tier.

Best brokerage for dividend investing in stocks and ETFs

If you are building a dividend portfolio, the goal is to minimise costs while maximising income over the long term. Trading fees matter, but so do market access and features that support long-term holding and reinvestment.

IG Markets is currently the first brokerage in Singapore to offer interest on your holdings of shares and ETFs. 

It provides zero commissions and zero platform fees across Singapore, US and Hong Kong markets, together with an ongoing promotion to earn up to 3% p.a. interest on eligible holdings, capped at S$50,000 in value. This allows dividend investors to potentially earn interest on top of dividend payouts while holding stocks for long-term growth.

For investors who prefer to build positions gradually at competitive trading costs, Longbridge Singapore and Moomoo Singapore offer access to multiple markets with low fees, making it easier to diversify a dividend portfolio.

If your strategy focuses on dividend ETFs through regular investing, FSM Global can be a cost-effective option.

What we would consider when choosing a brokerage account?

While the comparisons above focus largely on brokerage fees, cost is not the only factor I would look at when choosing a brokerage account.

All the brokerages we have compared above are licensed by the Monetary Authority of Singapore (MAS) through their Singapore entities. Beyond this, I would consider the following factors:

• MAS licensed: I would first check that the brokerage is licensed and regulated by MAS. This provides a baseline level of regulatory oversight for brokers operating in Singapore.
• Range of products and markets available: I would check whether the brokerage gives me access to the stocks, ETFs and markets I want to invest in. Some platforms also offer access to products such as bonds, funds and options.
• Support for CPF and SRS investing: If I plan to invest my CPF or SRS funds, I would check whether the brokerage supports these accounts and the investments I want to make. 
• Overall fees: I would compare not just commissions, but also platform fees, minimum fees, FX conversion costs and other charges. These can add up, especially if I invest regularly or in overseas markets.
• Investing features such as Regular Savings Plans: If I prefer to invest a fixed amount regularly, having a Regular Savings Plan (RSP) can make the process more convenient. Other features such as fractional shares, recurring investments and research tools may also be useful depending on how I invest.
• Ease of use: I would consider how straightforward it is to fund the account, convert currencies, place trades and track my portfolio.
• Customer support: I would consider how responsive and accessible the customer support team is, especially if I run into time-sensitive issues with my account, deposits, withdrawals or trades. Having multiple support channels can also make it easier to get help when needed.

Ultimately, the brokerage with the lowest fees may not necessarily be the one that works best for me. I would weigh the costs against the markets, features and account options that are most relevant to how I invest.

What would Beansprout do?

If I had to choose a brokerage today, I wouldn’t simply go for the one with the lowest headline commission.

Cost matters, but the right platform also depends on the markets I invest in, how often I trade, and whether I prefer a CDP-linked or custodian account.

First, I would make sure the brokerage is regulated by the Monetary Authority of Singapore (MAS). If I value having eligible Singapore shares held directly in my own CDP account, I may prefer a CDP-linked account. If I prioritise lower fees and access to multiple markets, a custodian account may be more practical.

Next, I would match the brokerage to my investing style and the role of the investments in my portfolio.

For my Growth Pot, I would look for access to the stocks or diversified ETFs I want to hold, reasonable overall costs and features that help me invest consistently.

If I am new to investing and value having market data, screening tools and educational content within the same app, Moomoo Singapore may be worth comparing. Its CDP-linked option is also relevant if I prefer eligible Singapore shares held in my own CDP account. Read our Moomoo Singapore review or explore the latest Moomoo promotion or signup for a Moomoo account here.

For Singapore stocks and ETFs, I would compare Longbridge Singapore with IG Markets, weighing trading fees alongside the account features I expect to use. Read our Longbridge Singapore review, explore the Longbridge promotion or learn more about IG Markets.

If I’m looking to invest in US stocks and ETFs, Webull Singapore is one of the platforms I would compare, alongside alternatives such as Syfe and IBKR Lite. I would consider currency conversion, account conditions and recurring investment features as well as headline commissions. Read our Webull Singapore review or explore the latest Webull promotion or signup for a Webull account here.

For LSE-listed stocks and ETFs, I would first check whether the platform offers the exact investment and trading currency I want. Platforms I would compare include IG Markets, Interactive Brokers, eToro, CMC Invest and FSM Global, depending on product availability, total costs and how I intend to invest.

For my Income Pot, I would pay particular attention to dividend handling fees, custody charges and the cost of reinvesting payouts. I would assess any promotional interest on holdings separately, including its qualifying conditions.

IG Markets is worth comparing for its zero commission and platform fees, plus up to 3% p.a. interest on eligible holdings, subject to conditions. FX and other charges may apply. Learn more about the IG Markets promotion and how to get started here.

If you prefer to invest a fixed amount regularly rather than place trades manually, you can also compare the Regular Savings Plans in Singapore based on what you want to invest in, costs and how easily each platform can automate your investments.

For building ETFs through a Regular Savings Plan, FSM Global (formerly FSMOne) stands out. And if I am investing using CPF or SRS funds, POEMS or FSM Global would likely be more cost-efficient choices. Read our review of FSM Global here.

POEMS is a low cost option for CPF/SRS investing into Singapore stocks, and investing in unit trusts. Read our review of POEMS here.

Beyond commissions, I would also consider minimum fees, FX spreads for international trades, platform fees for SRS investments, and how sustainable the pricing structure is over the long term. 

I would also look at features beyond trading fees, such as mobile app usability, research tools, educational content, multi-market access, and the ease of setting up recurring investments. A platform with useful tools and good customer experience can make a big difference in how confidently and consistently you invest.

Ultimately, the right platform depends on your goals, the markets you invest in, and how you plan to build wealth over time.

In practice, it can make sense to use more than one brokerage account for different needs. For example, I might use one platform for Singapore stocks, another for US stocks and ETFs, and a separate one for Regular Savings Plans or CPF and SRS investing.

Here’s a list of sign-up promotions currently offered by different brokerages which you can tap into:

If you are looking to invest in unit trusts and mutual funds, then check out our guide to the best unit trust platforms in Singapore.

If you prefer automated investing with low minimums and portfolio rebalancing, then check out our guide to the best robo-advisors in Singapore here.

If you are looking to trade options with advanced tools and competitive fees, then check out our comparison of the best options trading platforms in Singapore.

Which brokerage platform do you currently use, and what matters most to you? Share with us in the comments below or in our Telegram group!

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