Best options trading platforms in Singapore (2026)

What happened?

Options trading has been gaining popularity with retail investors in Singapore, as more look beyond stocks and ETFs to generate income, hedge portfolios, or take tactical positions.

At the same time, the brokerage landscape for options trading has continued to evolve, with more brokers offering lower fees, improved tools, and access to US options.

As a result, choosing a platform is no longer just about the lowest commission, but also overall costs, usability, available strategies, and suitability for different experience levels.

With multiple brokerage and trading platforms available for buying and selling options, I’ll be comparing the fees and products offered by different platforms, so you can see which one works best for you.

Summary of best online brokerage for options trading in Singapore (2026)

Here are our picks for best brokerages to trade options in Singapore in 2026:

• Cheapest for options trading: Longbridge Singapore
• Best low-cost alternative:  Webull
• Best for Beginning Options Traders: Tiger Brokers and Moomoo
• Best for Advanced Options Traders: IBKR

How to pick the best option trading platform in Singapore?

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

• Licensed by the MAS
• Fees
• Platform features

#1 – Licensed by MAS

Chief among the most important things to look out for is to make sure that your options trading platform is licensed with and regulated by the Monetary Authority of Singapore (MAS).

MAS establishes rules for financial institutions and encourages best practices which also help to protect retail customers like you and me.

For this reason, it is paramount to choose an options trading platform that is regulated by MAS.

This includes brokers such as Longbridge, Webull, Moomoo, Tiger Brokers, Interactive Brokers and Saxo to name a few.

Unfortunately, platforms like TastyWorks and FirstTrade are not licensed by MAS.

For the purpose of this review, we will only be comparing option trading platforms that are licensed by the MAS. 

#2 – Fees for trading options

When comparing the best options trading platforms, everybody’s first question would naturally be: which one is the cheapest?

As far as fees are concerned, you can generally think of it as two types of fees: commissions and other types of fees.

The former refers to the fees charged on every trade you place, whether it is buying or selling; the latter can refer to things like platform fees, deposit fees, and settlement fees.

When picking an options trading platform, you’re definitely going to want to compare the commission rates and fee structure.

#3 – Ease of use of option trading platform 

Another point of consideration when it comes to picking an options trading platform is its relative ease of use.

A cleaner options chain, intuitive navigation and simpler strategy selection can make the learning curve less intimidating.

Good options trading platforms will typically be powerful and fast, offering users a seamless and intuitive experience when trading options.

For more advanced traders, it may matter more that the platform supports multi-leg orders, richer analytics, probability tools and real-time data.

#1 - Lowest cost options trading platform

In this section, we compare the brokerages in terms of commission fees when it comes to options trading. 

Longbridge Singapore currently offers the lowest fees for U.S. stock options among the brokers compared here, with a promotion of $0 commission and US$0.50 per contract platform fee during regular trading hours. 

Without the promotion, Longbridge’s regular options trading fee comes up to a minimum of US$2.98 per contract, consisting of US$0.65/ contract (min. US$1.99) commission and US$0.30/ contract (min. US$0.99) platform fee. 

For trading US Options during pre-market sessions, Longbridge is offering a limited-time $0 commission and $0 platform fee as part of its launch. 

Read here to learn more about how pre-market options work and how to trade before the US markets open.

Webull remains competitive with fees starting from US$0.55 per contract and no platform fees. 

Tiger Brokers charges US$0.35 per contract in commission and US$0.30 per contract in platform fees, with no minimum fees per order for new users who activate the Ultra-low US Options Fees coupon. This works out to US$0.65 for a one-contract order. 

Outside the promo, Tiger Brokers’ fixed plan costs US$0.65 per contract (min. US$1.99) plus a platform fee (min. US$1), or at least US$2.99 for a one-contract trade.

Moomoo charges US$0.65 commission and US$0.30 platform fee per contract, with a minimum platform fee of US$0.99—equivalent to US$1.64 for a one-contract trade. However, new users may benefit from limited-time $0 commission promotions.

One thing to keep in mind is that online brokerages and trading platforms may also levy additional costs in the form of trading activity fees, regulatory fees, transaction fees on sell trades only, as well as clearing and settlement fees.

The table below shows how much you can expect to pay for the buying and selling of US stock options contracts.

#2 - Platform option trading features

Fees matter, but they are not everything. 

In practice, the best options platform for you also depends on how easy it is to navigate the options chain, whether the app supports the strategies you want, and how much information it puts at your fingertips.

Not every broker offers the same range of products, and not every platform gives you access to every optionable stock or index.

Longbridge Singapore

Longbridge Singapore stands out first on cost. 

Its current U.S. options pricing is US$0 commission plus a US$0.50 platform fee per contract, and it also offers free OPRA real-time quotes.

What makes Longbridge particularly interesting is that it is not only competing on cost. 

Its options offering is currently centred on U.S. stock options, making it a straightforward choice for investors who mainly want exposure to the U.S. market.

It also recently launched its pre-market US options session, allowing users to trade ahead of regular U.S. market hours. However, the pre-market options availability is currently limited to selected major US stocks/ETFs.

For investors in Singapore and the rest of Asia, that is a meaningful differentiator because it can make it easier to react to overnight earnings or market-moving news.

If I care most about headline cost, Longbridge would now be one of the first brokers I would look at. 

Webull

When it comes to the features offered by the brokerage platform, some users may like Webull for some of the tools in its options trading tab.

Here you can get easy access to long and short options trading with a built-in options screener that helps investors filter options contracts from the thousands available.

Webull offers access to smart trading tools with customisable option chain, single leg option quotes, and real time charts all presented to you on the Webull mobile app.

Additionally, users will also enjoy real time Options Price Reporting Authority (OPRA) and Cboe Global Indices Feed (CGIF) data.

In terms of market access, Webull’s options product is focused on the U.S. market. 

That includes U.S. stock and ETF options, and it also supports selected U.S. index options such as SPX, SPXW, XSP, NDX, NDXP, VIX, VIXW and DJX. 

Tiger Brokers

Tiger Brokers is another broker that offers a refreshingly clean interface that is gentle on the eyes, especially if you’re a newbie when it comes to options trading.

In the past, some users pointed out that Tiger Brokers does not support covered call strategies but that has since changed.

Today, Tiger Brokers supports up to 18 option strategies, including covered calls/puts, call/put vertical spreads, short call and put, protective calls/puts, as well as call/put calendar spreads.

All this is available to users in their options tab, which contains a wide array of useful information in various widgets.

If you want to keep things simple, you can simply customise your personal watchlist of stocks to filter from.

Tiger Brokers also offers broader market access than some of the other app-first platforms. 

Beyond U.S. stock options, it also gives investors access to Hong Kong options and selected U.S. index options such as SPX, DJX, NDX, VIX, XSP and NANOS.

So if I want access beyond standard U.S. stock options, especially if Hong Kong options matter to me, Tiger looks broader than Longbridge or Webull.

Moomoo 

The interface on the Moomoo mobile app is similar in terms of the widgets presented, and also comes with a host of different columns with various indicators.

One thing that stood out to us was how intuitive it was to go from the detailed quotes page of the stock watchlist to the options page–which itself allowed the customisation of the options’ information display column using a filter.

This makes for a helpful and user-friendly experience when navigating through the different pages in the options tab.

Another highlight is the presentation of useful indicators such as volume, turnover, OI, OI value, and others that were laid out in the options ranking.

Moomoo also offers access to U.S. stock options and selected U.S. index options.

Interactive Brokers

If you’re ready to take options trading to the next level, Interactive Brokers offers a robust and advanced platform for advanced traders.

Their OptionTrader is a powerful tool that allows you to view and trade options on an underlying, displaying market data and providing a complete view of available options chains, all in one single screen.

Additionally, the interface is configurable and allows you to manage multiple options orders in the same screen.

Traders can easily access the open interest on option chains while viewing the Greek risk dimensions, with colour-coded values for taking a quick glance at the available information.

Interactive Brokers has a handy Options Analytics tool that allows traders to visualise changes in an option’s price in relation to unit changes in Greek values.

This is pretty useful for seeing how price and volatility changes will affect an option’s value and risk dimensions–traders can use interactive curves to see how moving closer to the expiration date and adjusting the price of the underlying will impact the option line’s value.

IBKR also stands out in market access. Unlike the more retail-focused brokers that mainly centre on U.S. options, you can trade options globally on more than 30 market centres with IBKR.

What would Beansprout do?

If I were choosing an options trading platform in Singapore today, I would not just look for the lowest headline commission.

If my main priority is the lowest published U.S. options fee, Longbridge Singapore current promotional pricing of US$0 commission and a US$0.50 platform fee per contract is hard to ignore. 

The pre-market session for U.S. stock options also makes it more interesting for investors in Singapore who want to react to news earlier. Read our review of Longbridge here. 

If I want a low-cost broker that still gives me a strong set of tools, Webull Singapore would remain near the top of my list. 

It is still very competitive on fees, and I like that it pairs that with tools such as paper trading, an options screener, and support for 13 strategies. Webull has the lowest commission fees and zero platform fees charged. Read our review of Webull here.

If I am newer to options and want a platform that feels less intimidating, I would still look closely at Tiger Brokers Singapore and Moomoo Singapore. 

Tiger Brokers offers ultra-low fees for options trading with the current promotion, and has a clean interface for beginning options traders who are looking to start with simple options strategies.  Read our review of Tiger Brokers here.

Moomoo SG also offers a user-friendly experience when trading options, but its fees are slightly higher than Webull and Tiger Brokers. Read our review of Moomoo SG here.

Want to understand options before getting started? Check out our guide to learn the basics of options trading and what to look out for.

If I am an advanced options trader, who cares more about deep analytics than the lowest fee, and wants access to markets other than the US, Interactive Brokers would still be hard to beat. Its OptionTrader, combination orders and options analytics remain the most powerful set of tools among the platforms in this comparison. Read our review of Interactive Brokers here.

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

In practice, many investors may even use more than one brokerage to optimise for different needs.

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

If you are looking to buy stocks and ETFs, check out our guide to the best online brokerage and stock trading platform.

Find out the key differences between stocks and options and how they can work for your portfolio here.

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.

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