32 Best Trading Platforms in Singapore – Trading Apps With Best Online Brokerage (2024)

1. uSMART SG

uSMART Group is a Singapore-based investment company with branches in China, Hong Kong, and New Zealand that was founded in December 2018. The biggest online intelligent investment broker, uSMART Securities, provides clients with a professional smart investment solution through advanced technology.

It’s evident how they intend to use cutting edge technology to give investors with prudent investments that over half of their workforce is based in their product and development units globally. 

Testimonial

“uSMART is a platform that you will want to use for all your stock market trading needs. Experienced and new investors alike can enjoy utilizing our extensive collection of tools and features, which are easy-to-understand and affordable.”

2. Tiger Brokers

Leading online trading site Tiger Brokers is listed on the NASDAQ and backed by consumer electronics company Xiaomi.

Tiger Brokers’ minimal fees and connectivity to markets throughout the world helped them top the roster of Singapore’s best online trading platforms. Among them are the US, Australia, China and Hong Kong aside from Singapore.

There are various places where you can use a single account to access stocks, options, warrants, ETFs, REITs, futures, CBBCs, and more across different marketplaces.

Testimonial

“Love the user interface and the live price at Tiger Broker. Free Live price give trader so much advantages when trade US stock.“

3. UOB Kay Hian

Since it is the biggest broker on the island, UOB Kay Hian offers a wide variety of investment products, including FX, CFDs, UTs, ETFs, and Bonds. 

UOB Kay Hian only trades on a select few stock exchanges, including those in Singapore, the United States, Hong Kong, and Malaysia. However, you will feel comfortable choosing UOB Kay Hian to start your investing journey because it has the support of one of a reputable bank and the biggest brokers in the country.

Testimonial

“I love my broker Evon. She’s amazing, tts why I followed her from vickers to utrade.”

4. CGS-CIMB Securities

Through a network of regional offices, affiliates, and strategic partners, they have a presence across more than 20 nations which gives them an Asian viewpoint. They maintain a dominant foothold as the top financial entry point in Asia, focusing on thoroughly studied financial product analysis.

They are a client-focused company that places a strong emphasis on adding value for clients. Both business and retail customers can use their spectrum of investment and financial services. Institutional equities, retail broking, prime services, derivatives, wealth management, online trading and equity research are among the companies in this area.

Testimonial

“A very good attempt to educate trading clients on investment themes and strategies.”

5. moomoo (by FuTu SG)

A free AAPL share was provided before and during the launching of Moomoo by Futu SG, a Singapore-based online trading platform. Provided you open an account and have it authorized, you may obtain free Apple and Nio shares if you deposit a minimum of S$2,700 and execute five trades.

With a range of tools that are available, you might easily find trending stocks and booming industries to invest in. The filtering options include change rate, trade volume, P/E ratio, market cap, turnover, and many others. Because it costs S$0.99 in Singapore, US$0.99 per stock in the United States, HK$3 in Hong Kong, Moomoo by Futu SG is a wonderful option for new traders.

Testimonial

“Love moomoo. Best trading app, met the team at the heartland activation, they are really sincere and kind.”

6. Syfe Trade

The only platform to date that lets you conduct monthly transactions for free before imposing fair fees. For the first three months, every new customer will receive a free five-trade trial, with each trade priced at US$0.99. Become a member to receive two free trades each month for a year, along with US$1.49 for each subsequent trade.

Testimonial

“Syfe is a great platform to trade, especially for new investors. It has been smooth sailing for me when i was trading with Syfe Trade.”

7. KGI Securities

KGI Securities runs the online trading platform KGITrader. There are different account types available, which are Individual, Joint, and Corporate.

Through KGI Securities, you can trade futures, stocks, commodities, foreign exchange, and precious metals. In addition, they offer wealth management services.

KGI Securities is client-focused and is supported by a wealth of knowledge and in-depth local skills. KPI is Singapore’s most adaptable and user-friendly exchange.

Testimonial

“Professional and trusted broker with good service.”

8. Saxo Markets

Saxo Markets offers a broad selection of trading instruments, from straightforward equities and bonds to more complex ones like CFDs, forex, and other leveraged products. Even if it’s quite simple to open an account, there are other choices, such as gifts of stocks and bonds and debt consolidation loans, if you’re seeking for a hassle-free solution.

In addition, they offer more advanced savings options including managed portfolios and regular savings programs that are specifically created for clients who want to be more passive investors. 

You can also download their exclusive learning platform, which provides a plethora of inspiring and educational content to help you along your investment journey.

It’s not surprising that Saxo Markets made the list of best online trading platforms in Singapore given how well-liked it is among investors. 

Testimonial

“Best platform for multi asset trading and diversification. Have been trading for a couple of years.“

9. PhillipCapital (POEMS)

With POEMS, you can have unlimited access to more than 40,000 items over 26 exchanges in 11 different nations. As the innovator for online share trading in Singapore, the POEMS highly acclaimed suite of trading platforms is well established to provide investors and traders alike a diverse range of financial products on various international exchanges. 

Other than unit trusts, you can also trade ETFs, stocks, CFDs, commodity futures, gold futures, currencies, and other derivatives. Additional options include regular savings programs (RSPs) and others.

Testimonial

“Thank you Ms Karen Ang for helping me out to answer my questions regarding my trading account. Her knowledge is awesome and appreciate her friendly attitude. Thank you.“

10. AVATRADE

The broker with a global perspective is the well regulated AvaTrade. Its proprietary AvaOptions platform was created internally and is intended to help clients maximize the profitability of derivative trading.

The broker has a dominant position in Vanilla Options and is a market leader in the industry. Its long-term growth objectives involve opening up physical offices throughout the globe, including one in Hansapoint, Singapore.

Testimonial

“My mate told me to join Ava and actually I feel it suits me better than previous brokers.“

11. CMC

They want to provide you with the greatest trading experience they can. They are passionate about online trading and are always thinking of innovative ways to help their clients invest in the stock market.

They offer decent and reliable pricing since they have tight spreads in a dynamic market. Their trading platform offers investors a huge spectrum of yield potential.

Margin rates for commodities, foreign exchange, shares and indices start from 5% to 20%. Spreads are offered across their whole product line, starting at 0.7 on EUR/USD points to 0.3 points on significant indices including the Gold and Singapore Free. 

Testimonial

“My experience with CMC was overall positive and the platform is easy to use with great platform walkthrough services from the team.“

12. Phillip MetaTrader 5

The latest iteration of the Phillip MetaTrader platform is MetaTrader 5, which offers everything from real-time candlestick pattern analysis to daily expert opinions. With sophisticated charting and technical indicators for trading in Forex and CFDs, such as indices, cryptocurrencies, shares and oil, it’s not surprising that this is one of the most favorite trading platforms in the entire globe.

Testimonial

“I find the platform to be easy and simple if your only doing 1 or 2 transactions at a time.”

13. Lim & Tan Securities

One of the first companies in Singapore to offer online share trading was Lim & Tan Securities, which launched its service in October 1998.

Serving regular traders is one of its main priorities, Lim & Tan Securities focuses on stock brokerage. Clients are now able to configure and receive real-time alerts and signals and view up to 10 years’ worth of data on a special web chart that the company provides.

Testimonial

“Nice company.“

14. FSMOne

The cost to trade on FSMOne is just S$8.80 regardless of the volume of your transaction. In addition to the Standard Rewards points, Platinum members receive an additional 10% in points.

You need to have at least S$100,000 in your FSMone account before you can upgrade to a Silver account. This only applies to trades in shares and ETFs listed on the SGX. SGX trading fees and CDP clearance costs are not included in this fixed fee.

Testimonial

“Very happy with the platform. Very easy to use and their customer service is very good. The turnaround time is very fast. Never faced a delay with my enquiries.”

15. IG

Mobile application called IG has been existing for several years and is listed on the London Stock Exchange. It has won numerous esteemed regulatory licenses from governments throughout the world. 

It comes as no surprise that IG is one of the top online trading platforms in Singapore given its well-established reputation. With over 17, 000 markets and 104 currency pairings, IG is one of the biggest CFD and forex trading (FX) providers in the world. 

In addition, IG offers one of the easiest-to-use trading interfaces, making it easy for beginners to utilize the app for investing. It also offers free webinars and online courses.

Testimonial

“I was unable to close my positions when its system was down and could only closed my positions at a worse price when it was up again. However, IG refunded me the difference in my profit within 24hrs when I told them of my problem. Impressive! Great job IG Singapore ! Would have given them 10 stars if possible and will no doubt continue trading with them. Keep it up!!”

16. Maybank Kim Eng

Maybank Kim Eng is the wholly owned investment division of private banking company Maybank. For new investors to start with a range of assets, Maybank Kim Eng is a great spot.

With its extensive selection of products and market access, Maybank Kim Eng acts as a general shop for people looking to create a diversified investment portfolio. It offers a comprehensive variety of leveraged and non-leveraged trade instruments, including shares, equities, bonds, CFDs, ETFs, and FX to meet the needs of different investor types and financial objectives. 

Testimonial

“Strong broker with broad product offerings.”

17. OCBC Securities

The company has many years of experience in equities, foreign exchange, futures and leveraged FX trading. It is an established securities and derivatives broker. 

They serve a variety of clients, including retail, business, and financial institutions. Through Direct Market Access (DMA) and Electronic Desk Access, the Institution Desk participates actively in the SGX ST high flow orders market 

For the trading and custody of foreign stocks with a recognized international service provider, they offer secure end-to-end encryption.

Testimonial

“I am quite happy with the platform, competitive fees & access to a wide range of equity markets.“

18. IQ Option

A reputable broker with more than 7,000,000 registered clients is known as IQ Option which was established in 2013. Their offerings include CFDs, binary options, digital options, and forex.

The Cyprus Securities and Exchange Commission is in charge of overseeing IQ Option. You can trade stocks on their mobile app and website.

19. City Index

With a long history, its parent company that is publicly traded, and certification from a number of the top financial regulatory authorities in the world, City Index is well renowned as a secure and trustworthy trading platform for investors and traders.

In 1983, GAIN Capital developed City Index as a trading brand and had it listed on the New York Stock Exchange. The Australian Securities and Investments Commission, Financial Conduct Authority (FCA) and Monetary Authority of Singapore (MAS) all grant City Index permission to operate as a global CFD and FX broker (ASIC).

All new clients who make a minimum deposit of S$6,500 on account opening are eligible to get a one-year all-access to The Wall Street Journal for S$480 as a welcome gift. 

Testimonial

“I am happy with my RM for the good services and support that rendered to me all the times in updating the changes and the products as well as guiding and advising the appropriate direction on my unawareness of situation that I may face.“

20. OANDA

Oanda has more than 25 years of experience and a rich history, many regulatory approvals from tier 1 jurisdictions, especially Singapore. It offers access to more than 55 commodities, indices, bonds, and metals.

Oanda is most suitable for seasoned investors and traders who have already chosen a trading focus. However, novice traders may benefit from an Oanda account due to the caliber of its news and analysis.

Oanda has established a reputation for offering excellent client service, making it a very recognized online brokerage. As a result, Oanda is a popular online brokerage among CFD and FX traders.

In addition, Oanda provides top-notch research and instructional resources to traders to assist them increase their chances of success. This combines in-house content, premium sources from well-known think tanks, and news headlines. Spreads may cost less if you select OANDA’s commission pricing option.

Testimonial

“Great broker. Honest and sincere in their business. My go to trading platform.“

21. Interactive Brokers

Interactive Brokers(IBKR) is an established brokerage that has been utilized by many investors in Singapore before it launched in the country. Since 2007, IBKR has been trading on the NASDAQ, and in July 2020 it opened an office in Singapore. 

A Singaporean is required to first sign up as an IBKR Pro user in order to use IBKR. As an IBKR Pro user, you have access to all of the company’s services, including its cutting-edge technology like IBKR APIs, algorithms and tools, which are not accessible for Lite Users. No transaction fees for over 40 ETFs.

Testimonial

“By far the most comprehensive and best value for money broker available in Singapore — the local brokerages look like amateurs in comparison.“

22. TD Ameritrade

For retail investors, TD Ameritrade offers a comprehensive online trading environment that comprises free education, commission-free trades, and top-notch customer support. They strongly support local service, resources, and education in Asia.

Their team of experts is constantly trying to offer state-of-the-art products and services that help you comprehend the American markets so you may trade what you want, whenever you wish. 

Testimonial

“With TDA for 7 years. I must say i have no issues with the brokers, all problems i had were reasonably solved within the app or via calls by their representatives. The trading platform has one of the most modernized UI for users not to mention the low fees n free price feeds.“

23. DBS Vickers

Utilize stock information and trading instruments that are easily accessible with DBS Vickers to seize trading opportunities swiftly. DBS Vickers is a trading tool that enables you to trade at your convenience without difficulty, from carrying out buy and sell operations to keeping an eye on exchanges.

24. ProsperUs

CGS CIMB CEO Carol Fong came up with the concept for ProsperUs after deciding that it was time for the company to disrupt itself before being disrupted. She pushed CGS CIMB to innovate in order to stay relevant to the future generations of investors as a result of the growth of FinTechs.

The Millennial Strategy became a catchphrase that would impact and mold the business plans of a group of millennials who were inspired to get involved by the idea of a cohesive, highly productive organization managed by a next generation leader.

25. Plus500

With trading services on foreign exchange, shares, cryptocurrencies, commodities, options, ETFs, and indices, Plus500 is a dominant player in contracts for difference.

When you open an account with Plus500SG Pte Ltd, your money will be kept in a separate bank account, distinguishing it from the company’s funds. 

One of the most downloaded apps on Google Play and the Apple App Store is the Plus500 CFD trading app. Its various advanced features are straightforward to learn and effective when used.

26. Passfolio

Details	Passfolio is a San Francisco fintech that, through its FinCEN – registered U.S. financial services company and its FINRA – registered broker, provides fast, affordable and secure access to Nasdaq and NYSE equity investments, digital assets, dollar earnings program and US bank accounts.
Website	https://www.passfolio.com/
Prices	Enquire for pricing

Fresh and driven, Passfolio is an international zero commission brokerage that debuted in 2018. It is governed by the Financial Industry Regulatory Authority (FINRA) and the US Securities and Exchange Commission (SEC).

Clients additionally gain from the SIPC policy of Passfolio’s clearing business, which offers investment protection of up to $30 million subject to a total ceiling of $150 million.

27. Alpaca Trading

Alpaca’s developers assert that its platform enables small and medium-sized firms to benefit from automation and machine learning, which previously had only been available to large investors. Users get access to US stock markets, historical data and fundamental data through the Alpaca API. 

Founded in 2015, Alpaca Trading is a commission-free API brokerage based in San Mateo, California. Alpaca Trading is governed by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), two leading agencies that guarantee the security of investors and traders.

28. EasyEquities

In its capacity as a licensed provider of financial services, EasyEquities (EE) places a high value on client happiness. They aspire to be a reputable and well-known provider of financial services. Treating customers fairly is the platform’s top priority.

Anyone can invest in the businesses and brands they prefer on EE, a division of Purple Group Limited (PPE), which is listed on the JSE. 

Both inexperienced and experienced investors can make money by investing with whatever money they have available and without paying any monthly fees.

29. eToro

Because of its distinctive social trading feature, which enables you to copy the choices made by the platform’s leading traders, eToro is a well-established international online broker. This platform is a fantastic option for anyone looking to develop their trading strategy because of the opportunity to learn from others and obtain stock investment ideas.

30. Standard Chartered Online Trading

The Standard Chartered Bank in Singapore is a part of a global banking network that has been active for over one century and a half. They provide services to clients in 83 nations, including 59 of the fastest-growing economies in the world. Their brand promise, “here for good,” represents their intention to make money and advance through their own variation.

31. Citibank Brokerage

Customers of Citibank Brokerage, a web-based trading platform, have access to five exchanges. The cost of a trade at Citibank Brokerage in Singapore is the highest at S$28.

If you already have a Citibank account, you can combine your banking and investment accounts under one login. This may be attractive to people who want to trade just on the US, SG and HK exchanges.

32. Exness Trader

The comprehensive trading platform Exness Trader is compatible with both Android and iPhone devices. Trading in energy, metals, indices, forex, cryptocurrencies and equities is made simple by the company’s software which is available in eight languages.

Clients can contact the company’s customer service department any time of the day or night for assistance.