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

What happened?

Choosing the best online brokerage in Singapore is not always straightforward, with many platforms differing in fees, features, market access and promotions.

Some may work better for Singapore stocks and ETFs, while others may be more suited for US stocks, ETF RSPs, CPF/SRS investing or access to global markets.

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

The right choice depends on what you are investing in, how often you trade, whether you prefer a CDP-linked or custodian account, and which platform features matter most to you.

That is why I put together this guide to the best online brokerage and trading platform in Singapore, so you can compare the fees, products, market access and key features of each platform in one place.

I’ll also look at which platforms may work better for different investing needs, whether you are buying Singapore stocks, investing in US stocks and ETFs, setting up a Regular Savings Plan, or looking for a brokerage that supports CPF and SRS investing.

If you happen to know of a platform that’s offering a lower fee or a special promotion, share it in the comments. I’ll make sure to update this list so the Beansprout community can benefit too.

Summary of best online brokerage & trading platform in Singapore [September 2026]

Here are some of the online brokerages and trading platforms I would compare depending on what I am looking for in September 2026.

If I am buying Singapore stocks regularly and want low trading costs, I would first compare Longbridge, Moomoo, IG Markets, Webull and Tiger Brokers.

If I prefer Singapore shares to be held directly in my CDP account, I would compare Moomoo’s CDP-linked account with DBS Vickers Cash Upfront and traditional CDP-linked brokers.

If I mainly invest in US stocks and ETFs, I would compare  IG Markets, Webull, POEMS Cash Plus, and Interactive Brokers based on total costs, FX spreads, fractional shares and platform experience.

If I am investing through CPF or SRS, the choice is narrower. POEMS and FSM Global may be more relevant, as many newer online brokers do not support CPF/SRS investing.

For ETF investors who prefer to invest regularly or dollar-cost-average, FSM Global remains one of the stronger choices for investing regularly in Singapore-listed ETFs. For US-listed stocks and ETFs, I would compare Webull's Dynamic Regular Savings Plan with POEMS' Recurring Plan.

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 bonus S$80 FairPrice voucher within 5 working days, collect SG61 stock rewards, plus a LongbridgeAI Welcome Pack and NVIDIA fractional shares worth up to S$1,388* when you sign up for a Longbridge account via Beansprout. T&Cs apply. Find out more about Beansprout exclusive Longbridge promotion here. Read also: How I earned $221 in rewards with Longbridge by stacking my way
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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 up to S$160 Fairprice voucher^ within 10 working days when you sign up for a Webull account via Beansprout. Plus earn up to S$1,888* in welcome rewards from Webull. T&Cs apply.  Find out more about Beansprout exclusive Webull promotion here. Read also: Learn how I earned S$448 in rewards with Webull as a new user here.
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Best brokerage for dividend investing is 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$80 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 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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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.

Lowest cost trading platform and online brokerage for Regular Savings Plan (RSP) using 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.

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 Singapore shares held directly in my name, 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.

For investors who are new to investing and value having market data, screening tools and educational content within the same app, Moomoo Singapore may be worth comparing. Moomoo also provides access to Singapore and US stocks, as well as a CDP-linked option for eligible Singapore shares. Read our review of Moomoo SG here, learn more about the Moomoo Singapore promo here or signup for a Moomoo account here.

For Singapore stocks and ETFs, Longbridge Singapore is one of the lower-cost platforms we compared, with zero commission and a 0.03% platform fee subject to a S$0.99 minimum. Read our review of Longbridge Singapore here, learn more about the Longbridge promo here or sign up for a Longbridge Singapore account here.

If I’m looking to invest in US stocks and ETFs, Webull Singapore is one of the platforms I would compare, with zero commission and zero platform fees, with its Dynamic RSP feature useful for DCA. Read our review of Webull SG here, learn more about the Webull Singapore promo here or signup for a Webull account here.

If I want to invest in LSE stocks and ETFs, IG Markets currently has the lowest headline brokerage fees for UK stocks among the platforms we compared, with zero commission and no platform fees. Alternatively,  eToro, Interactive Brokers, CMC Invest and FSM Global are other platforms I would compare for LSE access, depending on factors such as trading fees, products, FX costs and Regular Savings Plan availability.

For dividend-focused investors, IG Markets offers $0 commissions and $0 platform fees across US, Singapore, UK, Hong Kong, Japan, and Australia markets, along with an ongoing promotion to earn up to 3% p.a. interest on eligible holdings. This means you can build your dividend portfolio without trading costs eroding returns, while adding an extra stream of interest income as you stay invested for the long term. Learn more about the IG Markets promo and how to get started here.

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.

FSM Global is the most affordable for investors looking to invest in ETFs with a Regular Savings Plan, and offers competitive fees for investing using CPF/ SRS funds. 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 or sign up for a POEMS account 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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