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32 Best Trading Platforms in Singapore – Trading Apps With Best Online Brokerage (2022)

Are you looking to start trading online to earn some serious money? Find the best trading platforms in Singapore with our comprehensive list. Compare features, fees, and more to find the right one for you!

🕒 28 minutes read

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Best Trading Platforms in Singapore

⭐ We aim to provide unbiased reviews on the recommended places & they are not listed in any particular order
✅ Do go through the entire list before making a decision!

Trading Platform Singapore

The best trading platforms in Singapore that suit everyone’s specific needs are listed in this article. There are various types of trading platforms, including securities trading systems, exchanges, and electronic communication networks.

By eliminating the requirement for traders to access various exchanges, brokers, and traders, these trading platforms assist in lowering the cost of trading. In addition, they can offer trading on a more global scale.

One of the biggest trading exchanges in Asia is the Singapore Exchange. In 2021, its trading system processed over 1 billion trades worth $5 trillion. It has introduced financial products and services through its collaborations with foreign exchanges.

In Singapore, there are various trading platforms, but not all of them are created equal. While some trading systems solely allow for financial trading, others let you trade both physical and digital assets.

Best Trading Platforms in Singapore (2022)

There are many trading platforms in Singapore that offers great experience when it comes to trading. Here’s a list of the Best Trading Platforms in Singapore so you can focus on trading while these platforms make it as intuitive and easy for you!

1. uSMART SG

uSMART SG
Best Known For: uSMART Securities Singapore Pte Ltd (uSMART SG) is the leading SMART broker that provides intelligent investment solutions to users globally. We are licensed by the Monetary Authority of Singapore (MAS) for Capital Market Services (CMS). 
Website https://www.usmart.sg/
Address Located in: Tan Ean Kiam Building
Address: 3 Phillip St, #12-04 ROYAL GROUP BUILDING, Singapore 048693
Contact Details Phone+65 6303 0663
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing US Stock: $0.005 Per Share, Minimum $1.00 Per Order
https://www.usmart.sg/pricing

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. 

⭐ Customer Review

“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

Tiger Brokers
Best Known For: Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.
Website https://www.tigerbrokers.com.sg/
Address Located in: One Raffles Place
Address: 1 Raffles Place 35-61, Tower, #2, Singapore 048616
Contact Details Phone+65 6331 2277
Email: service@tigerbrokers.com.sg
Operating Hours Monday-Sunday: 24 hours
Pricing U.S. Stocks & ETFs: From US$0.005 / Share
https://www.tigerbrokers.com.sg/commissions/fees

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.

⭐ Customer Review

“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

UOB Kay Hian
Best Known For: As the biggest broker in Singapore, UOB Kay Hian enables you to trade with peace of mind, knowing that is backed by financial powerhouse UOB.
Website https://www.utrade.com.sg/home/index.jsp
Address Address: 8 Anthony Rd, #01-01, Singapore 229957
Contact Details Phone+65 6536 9338
Email: contact@utrade.com.sg
Operating Hours Monday-Friday (Excluding holiday): 8:30am-5:30pm
Saturday & Sunday: Closed 
Pricing Enquire for pricing

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.

⭐ Customer Review

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

4. CGS-CIMB Securities

CGS-CIMB Securities
Best Known For: CGS-CIMB Securities (Singapore) Pte. Ltd. is a wholly-owned subsidiary of CGS-CIMB Securities International Pte. Ltd. (CGS-CIMB). We are one of the leading integrated financial service providers in Asia.
Website https://www.cgs-cimb.com.sg/en/home
Address Located in: MBFC Tower 2
Address: 10 Marina Boulevard, Tower 2, #09-01 Marina Bay Financial Centre, Singapore 018983
Contact Details Phone+65 6538 9889
Email: clientservices.sg@cgs-cimb.com
Operating Hours Monday-Friday: 8:30am-6:00pm 
Saturday, Sunday & Public Holiday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

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

5. moomoo (by FuTu SG)

moomoo
Best Known For: Futu Singapore Pte. Ltd. (“Futu SG”) is a capital markets services licence holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000). Futu SG’s parent company, Futu Holdings Limited, is backed by world-class investors which include venture capital affiliates of Tencent, Sequoia Capital and Matrix Partners. Based in Singapore, Futu SG is a next-generation broker-dealer.
Website https://www.moomoo.com/sg
Address Located in: One Raffles Quay
Address: 1 Raffles Quay North Tower #39-02, Singapore 048583
Contact Details Phone+65 6321 8888
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Singapore Structured Warrants and DLCs: min S$1.50 / Order (Platform Fee)
https://www.moomoo.com/sg/broker-about/pricing?channel=&subchannel=#options

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.

⭐ Customer Review

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

6. Syfe Trade

Syfe Trade
Best Known For: Syfe believes investing should be accessible to everyone, and we enable people through smart, affordable and intuitive financial solutions. From fully-managed curated portfolios for long-term wealth building to investing directly into US stocks and ETFs, Syfe is a holistic platform for all of one’s investing needs.
Website https://www.syfe.com/trade
Address Located in: The House Of Eden
Address: 4 Robinson Rd, #11-01 The House Of Eden, Singapore 048543
Contact Details Phone+65 3138 1215
Appointmentssyfe.com
Operating Hours Monday-Sunday: 24 hours
Pricing Syfe Trade: $1.49 per trade
https://help.syfe.com/hc/en-us/articles/4411653356953

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.

⭐ Customer Review

“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
Best Known For: We offer an extensive suite of products such as securities (online and mobile trading), product financing (local and foreign securities), futures, commodities, options, leveraged FX, wealth management, fixed income, research coverage and custodial services, and are supported by 24-hour global product trading services.
Website https://www.kgieworld.sg/
Address Located in: One Shenton
Address: 4 Shenton Way, #13-01 SGX Centre 1, Singapore 068807
Contact Details Phone+65 6202 1188
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

“Professional and trusted broker with good service.”

8. Saxo Markets

Saxo Markets
Best Known For: Everything you need to navigate the global markets is at your fingertips in the Saxo platforms. Choose from a wide choice of financial products and hundreds of different ways to trade and invest.
Website https://www.home.saxo/en-sg
Address Located in: CapitaSpring
Address: 88 Market Street CapitaSpring #31-01, Singapore 048948
Contact Details Phone+65 6303 7800
Operating Hours Monday-Friday: 8:30am-5:30pm
Saturday & Sunday: Closed
Pricing SG stocks (Gold Plan): from S$2.00
https://www.home.saxo/en-sg/accounts/plans

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. 

⭐ Customer Review

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

9. PhillipCapital (POEMS)

PhillipCapital (POEMS)
Best Known For: Phillip’s Online Electronic Mart System, or more commonly known as POEMS, is the pioneer for Singapore’s online share trading. Established by Phillip Securities Pte Ltd in 1996, it has undergone tremendous changes since then to better fulfil your needs while harnessing the power of modern technology.
Website https://www.phillip.com.sg/sg/about-poems/
Address Located in: The Providore (Raffles City Shopping Centre)
Address: 250 North Bridge Road 06-00 Raffles City Tower, Singapore 179101
Contact Details Phone+65 6533 6001
Phone: +65 6531 1555
Email: talktophillip@phillip.com.sg
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

“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

AVATRADE
Best Known For: AvaTrade is an award-winning online broker offering Contracts for Difference (CFDs) on Commodities, Stocks, Indices, Cryptocurrencies and more. The company is regulated across 7 jurisdictions with a global clientele in over 150 countries. 1250+ currencies, stocks, cryptocurrencies, commodities, indices, ETFs, and bonds. CFDs, Forex, and Vanilla Options. 
Website https://www.avatrade.com/
Address Address: Five Lamps Place, Amiens St, Mountjoy, Dublin, D01 A7V2, Ireland
Contact Details Phone+353 76 680 3327
Appointmentsavatrade.co.uk
ProvinceLeinster
Operating Hours Monday-Friday: 24 hours
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

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

11. CMC

CMC trading
Best Known For: CMC Markets is a leading global provider of Contracts For Difference (CFDs) and Foreign Exchange (FX). 
Website https://www.cmcmarkets.com/en-sg/
Address Located in: Republic Plaza
Address: 9 Raffles Place, #30-02 Republic Plaza Tower I, Singapore 048619
Contact Details Phone+65 1800 559 6000
Operating Hours Monday-Friday: 9:00am-7:00pm
Saturday & Sunday: Closed
Pricing CFDs: min S$10.00
https://www.cmcmarkets.com/en-sg/cfds

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. 

⭐ Customer Review

“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

Phillip MetaTrader 5
Best Known For: Phillip Nova (formerly known as Phillip Futures) was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). We have since grown to become one of the region’s top brokerages for the trading of Stocks, CFD, Forex, global Futures and Commodities. 
Website https://www.phillipnova.com.sg/phillip-metatrader-5-suite/
Address Located in: Raffles City Tower
Address: 250 North Bridge Road, #07-01, Raffles City Tower, Singapore 179101
Contact Details Phone+65 6538 0500
Email: nova@phillip.com.sg
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

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

13. Lim & Tan Securities

Lim & Tan Securities
Best Known For: Multiple channels are provided for clients to access our easy-to-navigate Online trading platform to check prices and trade. We offer a unique web chart where clients can view up to 10 years of data, set and receive real time alerts and signals. We offer trading accounts with no cash upfront required and broker-assisted accounts.
Website https://www.limtan.com.sg/
Address Located in: High Street Centre
Address: 16 Collyer Quay, #15-00 Income At Raffles, Singapore 049318
Contact Details Phone+65 6533 0595
Operating Hours Monday, Wednesday-Friday: 8:30am-5:30pm
Tuesday, Saturday & Sunday: Closed
Pricing SGX Market: Attractive Online Brokerage: Minimum $25.00
https://www.limtan.com.sg/

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.

⭐ Customer Review

“Nice company.

14. FSMOne

FSMOne
Best Known For: With the FSMOne account, FSM provides a comprehensive range of investment products and services, with over 1,500 funds and over 800 bonds, including retail bonds and Singapore Government Securities, FSM Managed Portfolios (MAPS), Singapore, Hong Kong, US-listed stocks and Exchange Traded Funds (ETFs), and insurance products.
Website https://secure.fundsupermart.com/fsm/home
Address Located in: Ocean Financial Centre
Address: 10, #26-01 Collyer Quay, Ocean Financial Centre, Singapore 049315
Contact Details Phone+65 6557 2853
Email: clienthelp@fundsupermart.com
Operating Hours Monday-Friday: 8:30am-5:30pm
Saturday & Sunday: Closed
Pricing SGX: S$8.80
https://secure.fundsupermart.com/fsm/stocks/ways-to-trade

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.

⭐ Customer Review

“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

IG
Best Known For: We enable thousands of traders to manage their opportunity for CFDs on indices, forex, shares and more using our range of financial products. We exist to give traders like you – who see opportunities where others don’t – access to thousands of financial markets.
Website https://www.ig.com/sg
Address Located in: MYP Centre
Address: 9 Battery Rd, #01-02 MYP Centre, Singapore 049910
Contact Details Phone+65 6390 5118
Operating Hours Monday-Friday: 8:00am-5:30pm
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

“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
Best Known For: Maybank Securities, previously known as Maybank Kim Eng Singapore and Kim Eng Holdings, is a fully-owned investment banking arm of Maybank; one of Asia’s leading banking groups and Southeast Asia’s fourth largest bank by assets.
Website http://www.maybank-ke.com.sg/
Address Address: 50 N Canal Rd, Singapore 059304
Contact Details Phone+65 6432 1888
Email: MSSG_Helpdesk@maybank.com
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Stocks (Online & Mobile Trades): S$25.00
https://www.maybank-ke.com.sg/pricing/pricing-listing/stocks/

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. 

⭐ Customer Review

“Strong broker with broad product offerings.”

17. OCBC Securities

OCBC Securities
Best Known For: We are a leading brokerage firm in Singapore with more than 30 years of experience in securities, derivatives, leveraged foreign exchange and futures trading.
Website https://www.iocbc.com/
Address Address: #01, 18 Church St, #00 OCBC Centre South, Singapore 049479
Contact Details Phone+65 6338 8688
Operating Hours Monday-Friday: 8:30am-5:30pm
Saturday & Sunday: Closed
Pricing Enquire for pricing

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.

⭐ Customer Review

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

18. IQ Option

IQ Option
Best Known For: IQ Option is one of the fastest growing online trading brands in the world. Voted the best mobile trading platform, we have now expanded our offerings to include CFDs on stocks, ETFs and Forex trading.
Website https://iqoption.com/en
Address Address: Hinds Building, Kingstown, St. Vincent & Grenadines
Contact Details Email: support@iqoption.com
Operating Hours N/A
Pricing Enquire for pricing

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

City Index
Best Known For: City Index is a global CFD and FX trading provider with an office in the heart of the Central Business District in Singapore. With over 4,500 markets to choose from across Forex, Indices, Shares and Commodities, our clients have access to a wide range of global markets.
Website https://www.cityindex.com/en-sg/
Address Address: StoneX Financial Pte. Ltd. 1 Raffles Place 12-62, Tower 2 One Raffles Place Tower 1, Singapore 048616
Contact Details Phone+65 6826 9988
Email: enquiries@cityindexasia.com
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed 
Pricing Enquire for pricing

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. 

⭐ Customer Review

“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
Best Known For: We are a leader in currency data, offering forex and CFD trading, corporate FX payments and exchange rates services.
Website https://www.oanda.com/sg-en/
Address Address: 1 Raffles Pl, #26-02 One Raffles Place Tower 1, Singapore 048616
Contact Details Phone+65 6227 3808
Operating Hours Monday-Friday: 9:00am-6:00pm
Saturday & Sunday: Closed
Pricing Bitcoin: rom $8.00
https://www.oanda.com/sg-en/trading/cfds/cryptocurrencies/

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.

⭐ Customer Review

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

21. Interactive Brokers

Interactive Brokers
Best Known For: Interactive Brokers Group, Inc. was founded by its Chairman Thomas Peterffy. Over the last 44 years, it has grown internally to become one of the premier securities firms with over $10.60 billion in equity capital.
Website https://www.interactivebrokers.com.sg/
Address Located in: Asia Square Tower 1
Address: 8 Marina View, #40-02A Asia Square Tower 1, Singapore 018960
Contact Details Phone: +65 66947410
Pricing Stocks/ETFs: US$0.0005 to 0.0035 per share
https://www.interactivebrokers.com.sg/en/pricing/commissions-home.php

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.

⭐ Customer Review

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

TD Ameritrade
Best Known For: TD Ameritrade is proud to help our clients take their investing to the next level. Everything we offer—from powerful trading tools, to comprehensive education, to experienced local support—is designed to help investors trade the U.S. markets with confidence.
Website https://www.tdameritrade.com.sg/
Address Located in: Millenia Tower
Address: 1 Temasek Ave, #15-02 Millenia Tower, Singapore 039192
Contact Details Phone+65 6823 2250
Email: help@tdameritrade.com.sg
Operating Hours Monday-Friday: 9:00am-5:00pm
Saturday & Sunday: Closed
Pricing Futures & Futures Options: $2.41 per contract (plus exchange & regulatory fees)
https://www.tdameritrade.com.sg/why-td-ameritrade/pricing.html

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. 

⭐ Customer Review

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

DBS Vickers
Best Known For: DBS Vickers Securities offers securities and derivatives brokerage services to individuals, corporations, and institutions. 
Website https://www.dbsvickers.com/vickers/default.page
Address Located in: Marina Bay Link Mall
Address: 12 Marina Boulevard, #10-01, Marina Bay Financial Centre Tower 3, Singapore 018982
Contact Details Phone+65 6327 2288
Operating Hours Monday-Friday: 8:30am-4:30am
Saturday & Sunday: Closed
Pricing Share trading in SGD (Online): S$10.00
https://www.dbsvickers.com/vickers/pricing/singapore.page

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

ProsperUs
Best Known For: ProsperUs is a digital investment service that allows you to gain access to multiple asset classes across global markets. With just one account, you can invest anywhere around the globe and the clock.
Website https://www.prosperus.asia/
Address 10 Marina Boulevard, Marina Bay Financial Centre Tower 2, #09-01 Singapore 018983
Contact Details Email: contactus@prosperus.asia
Pricing American Stock Exchange (Rookie): $5.00
https://www.prosperus.asia/pricing/

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

Plus500
Best Known For: Plus500 is a leading provider of Contracts for Difference (CFDs), delivering trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options and indices, alongside innovative trading technology.
Website https://www.plus500.com/en-SG/
Pricing Enquire for pricing

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

Passfolio
Best Known For: 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/
Pricing 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 Trading
Best Known For: Alpaca’s easy to use APIs allow developers and businesses to build apps, embed investing, and trade algorithms.
Website https://alpaca.markets/
Pricing Enquire for pricing

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

EasyEquities
Best Known For: EasyEquities (EE), a subsidiary of JSE listed Purple Group Limited (PPE), is an online platform which allows anyone to buy shares in the brands and companies they love.
Website https://www.easyequities.co.za/
Pricing Enquire for pricing

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

eToro
Best Known For: eToro is one of the world’s leading social investment networks and aims to revolutionise the way people invest, and enhance investors’ financial education.
Website https://www.etoro.com/
Pricing Enquire for pricing

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

Standard Chartered Online Trading
Best Known For: Provides access to 12 stock exchanges around the world. Enables for maximization of trading opportunities when you pledge your securities for greater purchasing power and flexibility. 
Website https://www.sc.com/sg/wealth/investment/online-trading/
Pricing Enquire for pricing

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

Citibank Brokerage
Best Known For: Citibank brokerage account provides you access to stock trading in Singapore, US, and Hong Kong markets.
Website https://www.citibank.com.sg/wealth-management/investments/investment-products/brokerage/
Pricing Enquire for pricing

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

Exness Trader
Best Known For: Lower your trading costs with our stable spreads, fast execution & swap-free conditions. Stable spreads, fast execution, 0 swaps.
Website https://www.exness.com/
Address Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI
Contact Details Phone: +357 25 030959
Email: support@exness.com
Pricing Enquire for pricing

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.

More About Trading Platforms in Singapore

What Is A Trading Platform And How Does It Work?

A trading platform is a virtual marketplace where buyers and sellers of stocks, commodities, and other securities meet to trade. Trading platforms can be either centralized or decentralized.

The first trading platform was introduced in the 18th century by the Amsterdam Stock Exchange with their matching system which allowed traders to buy or sell shares on the stock exchange without any intermediaries.

In recent years new technologies have enabled trading platforms to become more diverse in their functionality and more globally accessible.

How To Start Trading On An Online Trading Platform In Singapore?

If you are looking for ways to invest in stocks, there are a few things that you should know before getting started. In this article, we will walk you through the process of trading stocks online in Singapore.

The first thing that you need to do is to open an account with a stock broker. This is where you will be able to buy and sell stocks online. Once the account is set up, it’s time to select your preferred brokerage company and start trading.

How To Choose The Best Stock Broker For You In Singapore?

A broker is a middleman who brings together buyers and sellers of stocks (or other securities). The broker charges a commission for this service.

The best stock broker in Singapore will depend on your needs and preferences. Some brokers are more suitable for beginners while others are better suited for seasoned investors. You should also consider the fees charged by the broker, as well as the trading platform they offer.

Frequently Asked Questions (FAQs)

Check out some of the Frequently Asked Questions (FAQs) about Trading Platforms in Singapore.

Which Stock Platform Is Best Singapore?

Saxo Markets is our top pick. It has the best overall performance, but it’s also the most expensive online trading platform in Singapore. Moomoo and Tiger Brokers are more affordable alternatives, though they offer less market access than Saxo. If you’re new to trading or have a small portfolio of stocks, we recommend uSMART for its excellent trading platform and

Which Trading Platform Is Best For Beginners?

TD Ameritrade is by far the best broker for investing education with an in-depth online course, in-person seminar programs, and professional videos. Competitors may offer competitive rates or easier trading platforms, but TD Ameritrade excels above them all in this area. Along with that, they also provide impeccable customer service and a helpful chat feature on their website

Which Brokerage Account Is Best For Beginners In Singapore?

The new DBS Vickers Cash Upfront Account has lower commission fees and a low S$10 minimum commission fee for buying Singapore stocks, so it’s the cheapest brokerage account you can use.

Is Moomoo Legit?

Moomoo is a licensed trading platform. Futu Holdings Ltd., the company that owns it, is publicly traded and registered with the SEC and FINRA. Moomoo has been approved to operate legally in all applicable jurisdictions

Conclusion

Now you have our list of the best Trading Platforms in Singapore. If there are other awesome Trading Platforms that you feel should be part of this list, let us know!

If you love Trading Platforms, check out other related articles to Trading Platforms in Singapore!

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