Best Online Brokers In Singapore 2025

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We Invested Our Own Money to Test the Singapore's Top Brokers - See Which Brokers Passed the Test!

Interactive Brokers
Interactive Brokers
4.9/5
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Saxo
Saxo
4.8/5
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CMC Markets
CMC Markets
4.8/5
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Interactive Brokers
Oanda
4.6/5
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Interactive Brokers
IG
4.6/5
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Charles Schwab
Charles Schwab
4.6/5
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Admirals
Admirals
4.5/5
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Interactive Brokers
Moomoo
4.5/5
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Webull
Webull
4.4/5
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NinjaTrader
NinjaTrader
4.4/5
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Interactive Brokers
Interactive Brokers
4.9/5
Saxo
Saxo
4.8/5
CMC Markets
CMC Markets
4.8/5
Interactive Brokers
Oanda
4.6/5
Interactive Brokers
IG
4.6/5
Charles Schwab
Charles Schwab
4.6/5
Admirals
Admirals
4.5/5
Interactive Brokers
Moomoo
4.5/5
Webull
Webull
4.4/5
NinjaTrader
NinjaTrader
4.4/5

Best Brokers in Singapore 2025 - Find Your Perfect Match Now

Ready to start trading in Singapore this year? 2025 is the perfect time to find the broker that aligns with your investment goals. Whether you’re new to trading or an experienced pro, choosing the right online broker is crucial. 

In our guide, we’ve highlighted the best brokers in Singapore, comparing fees, features, and the overall trading experience to help you pick the one that works best for you.

1. Interactive Brokers – This broker provides low fees, extensive market access, and advanced trading features, perfect for active traders. With powerful research tools and efficient execution, it offers a comprehensive platform designed for those looking to maximize their trading strategies

2. Saxo – Saxo is a top choice for active traders, offering a wide range of global markets, advanced trading tools, and low fees. With a user-friendly platform, it caters to traders who need both powerful features and ease of use.

3. CMC Markets – CMC Markets delivers a user-friendly platform with competitive spreads, a broad selection of markets, and powerful analysis tools, making it ideal for traders who value both simplicity and advanced trading features.

4. Oanda – Offers a user-friendly platform with competitive spreads and advanced trading tools. Ideal for forex traders, it provides reliable execution, in-depth analysis, and a wide range of educational resources for traders at all levels.

5. IG – Designed for traders who value both reliability and innovation, this platform offers low spreads, extensive market access, and powerful tools. With robust research and educational resources, it helps traders refine their strategies.

6. Charles Schwab – Charles Schwab offers a user-friendly platform with low fees, a wide range of investment options, and excellent customer support. With no fees for deposits or withdrawals, it’s ideal for investors seeking a cost-effective, reliable trading experience.

7. Admirals – With low spreads, diverse market access, and advanced tools, Admirals provides a comprehensive trading platform. Offering free deposits and withdrawals, it’s ideal for traders who value flexibility and efficiency.

8. Moomoo – Offering commission-free trading, real-time market data, and advanced charting tools, this platform is ideal for traders seeking a cost-effective solution with powerful features. Plus, there are no fees for deposits or withdrawals, ensuring a smooth trading experience.

9. Webull – Designed for active traders, this platform provides real-time market data, advanced analytics, and a user-friendly interface. Offering access to stocks, options, ETFs, and cryptocurrencies.

10. NinjaTrader – Perfect for active traders, NinjaTrader offers advanced charting tools, real-time market data, and commission-free trading, providing an intuitive platform to execute strategies across stocks, futures, and forex.

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Online Brokers Key Features

When it comes to trading in Singapore, top online brokers offer a lot of great features for both beginners and experienced traders. You can access a wide range of financial products like stocks, forex, commodities, and even CFDs.

Plus, many brokers keep fees low, with competitive spreads and minimal commissions, helping you save more of your earnings.

The platforms are packed with useful tools, such as advanced charting, real-time data, and customizable options, which allow you to tailor your trading experience.

Security is also a top priority, as these brokers comply with Singapore’s strict regulations, ensuring your funds are protected.

For those just getting started, many brokers offer educational resources, including webinars, tutorials, and demo accounts, so you can practice before jumping into live trading. 

Best Online Brokers in Singapore in 2025

BrokerOverall RatingMinimum Deposit
Interactive Brokers4.9/5$01-3 days
Saxo4.8/5$01 day
CMC Markets4.8/5$01-3 days
Oanda4.6/5$01-3 days
IG4.5/5$01-3 days
Charles Schwab4.6/5$01 day
Admirals4.5/5$1001 day
Moomoo4.5/5$01-3 days
Webull4.4/5$01-3 days
NinjaTrader4.4/5$01-3 days

Top Online Brokers in Singapore - Users Data

Explore a detailed overview of the top online brokers in Singapore, with insights based on user data. We’ve compared key features, fees, and performance to help you find the perfect broker for your trading needs.

interactive-brokers-review
Interactive Brokers
292,076
saxo
Saxo
65,530
CMC Markets
CMC Markets
60,276
oanda
Oanda
26,332
IG
IG
22,743
charles-schwab
Charles Schwab
12,404
admirals
Admirals
10,324
moomoo
Moomoo
13,752
webull
Webull
18,293
NinjaTrader
NinjaTrader
23,298

Trading and Non-Trading Fees in Singapore Comparison

Curious about which Singapore online broker offers the best value? We’ve broken down the fees for top brokers to help you find the most affordable option that doesn’t compromise on features.

BrokerUS StockWithdrawal FeeDeposit FeeInactivity Fee
Interactive Brokers$1$0$0x mark
Saxo$1.6$0$0x mark
CMC MarketsNot Available$0$0check mark
Oanda$0$0$0check mark
IG$10$0$0x mark
Charles Schwab$0$0$0x mark
Admirals$0$0$0check mark
Moomoo$0$0$0x mark
Webull$0$0$0x mark
NinjaTraderNot Available$0$0check mark

How to Invest in Stocks from Singapore

Investing in stocks from Singapore is a great way to grow your wealth, and getting started is easier than you might think. Whether you’re just starting out or have some experience, this guide will walk you through the basics of stock investing in Singapore.

1. Choose an Online Broker

The first thing you need to do is find a reliable online broker. There are plenty of options in Singapore, so pick one that suits your needs. Look for brokers with low fees, easy-to-use platforms, and access to both local and international stock markets.

Some popular choices include Interactive Brokers, Saxo and CMC Markets . When choosing your broker, pay attention to:

  • Fees – Compare trading, deposit, and withdrawal fees.
  • Features – Look for platforms that offer real-time data and research tools.
  • Regulation – Make sure the broker is regulated by the Monetary Authority of Singapore (MAS) for added security.
 

2. Open Your Trading Account

Once you’ve picked a broker, the next step is to open a trading account. This is usually a simple process—just provide identification documents (like your NRIC or passport), proof of address, and some financial information.

You’ll also link your trading account to your bank account for funding. Many brokers let you deposit funds via bank transfers, credit/debit cards, or local services like PayNow.

3. Fund Your Account

Now it’s time to fund your account. You can add money using bank transfers or other payment methods accepted by your broker. Be mindful of minimum deposit requirements and any fees that might apply.

Remember, it’s best to start with an amount you’re comfortable with. The stock market has risks, so start small if you’re new and gradually increase your investments as you gain experience.

4. Research and Pick Stocks

Choosing the right stocks is key to successful investing. In Singapore, you can invest in local companies like DBS Bank, Singtel, and Singapore Airlines. If you want to diversify, brokers also give you access to global stock markets, so you can invest in US-based companies like Apple, Google, and more.

Before choosing, take the time to research each stock. Look at the company’s financial health, growth prospects, and how it fits into your investment goals. If you’re interested in earning passive income, consider companies that pay dividends.

5. Place Your Order

Once you’ve decided which stocks you want, it’s time to place your order. With most brokers, you can choose between a market order (buying at the current market price) or a limit order (buying only if the price hits a certain level).

Make sure to review your order before confirming, especially if you’re buying multiple stocks or making a large investment. Once the order is placed, your broker will execute the trade, and the shares will be added to your account.

6. Keep Track of Your Investments

After buying your stocks, it’s important to keep an eye on them. Many brokers offer real-time tracking tools, so you can monitor how your investments are doing. If you’re in it for the long term, you might check in every few months. But if you’re a more active trader, you’ll want to keep track daily. Remember, the market can be volatile, so don’t panic if you see short-term fluctuations. Stay focused on your long-term goals.

7. Know the Tax Implications

One of the best things about investing in stocks in Singapore is that capital gains are tax-free. So, if you sell your stocks for a profit, you won’t pay tax on those earnings. However, if you trade stocks as a business (not as a hobby or long-term investment), your profits might be taxed. Also, if you invest in foreign stocks, there might be taxes in those countries, so be sure to check.

Comparing the Best Online Brokers in Singapore

Get a side-by-side look at the top online brokers, highlighting their strengths, weaknesses, and what makes them ideal for different types of investors.

interactive-brokers-review

Interactive Brokers

Recommended for advanced traders seeking low fees and global market access.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feex mark
ReviewRead Here
saxo

Saxo

Recommended for experienced traders, providing advanced tools, competitive pricing, and a broad range of investment options.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$5000 - $10,000
Deposit MethodBank Transfer, Credit Cards and Debit Cards
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1 Day
Inactivity Feex mark
ReviewRead Here
CMC Markets

CMC Markets

Recommended for traders seeking a user-friendly platform, competitive pricing, a wide range of assets, and robust educational resources.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer, Credit Cards and Debit cards
Withdrawal MethodBank Transfer, Credit Cards and Debit cards
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feecheck mark
ReviewRead Here
oanda

Oanda

Recommended for traders seeking flexible account types, strong research tools, low commissions, and 24/7 customer support.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer, Credit Cards, Debit Cards, PayPal, Skrill, Neteller
Withdrawal MethodBank Transfer, Credit Cards, Debit Cards, PayPal, Skrill, Neteller
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feecheck mark
ReviewRead Here
IG

IG

Recommended for traders seeking a trusted platform, advanced trading tools, competitive spreads, and comprehensive market research.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer, Credit Card, Debit Card, HK FPS, Wise
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feex mark
ReviewRead Here
charles-schwab

Charles Schwab

Best for long-term investors, provides low-cost trading, robust research tools, and a wide range of investment options.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1 Day
Inactivity Feex mark
ReviewRead Here
admirals

Admirals

Recommended for traders seeking flexible account options, advanced risk management tools, low fees, and global market access.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$100
Deposit MethodBank Transfer, Debit Card, Credit Card, Skrill, Neteller, Crypto
Withdrawal MethodBank Transfer, Debit Card, Skrill, Neteller, Crypto
Withdrawal Fee$0
Account Opening Time1 Day
Inactivity Feecheck mark
ReviewRead Here
moomoo

Moomoo

Recommended for traders looking for commission-free trading, advanced charting tools, and easy-to-use mobile access.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer, Wise
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feex mark
ReviewRead Here
webull

Webull

Recommended for traders looking for zero commissions, extended trading hours, paper trading options, and robust stock analysis tools.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feex mark
ReviewRead Here
NinjaTrader

NinjaTrader

Recommended for active traders seeking advanced charting tools, automated trading features, low commissions, and access to futures markets.

Interactive Brokers OverviewInteractive Brokers Data
Minimum Deposit$0
Deposit MethodBank Transfer
Withdrawal MethodBank Transfer
Withdrawal Fee$0
Account Opening Time1-3 Days
Inactivity Feecheck mark
ReviewRead Here

How Broker Guide Evaluated and Ranked the Best Online Brokers in Singapore

Choosing the best online brokers in Singapore requires careful analysis across key areas to meet diverse trading needs. Our evaluation focused on critical factors such as fees, platform usability, asset variety, and regulatory compliance to ensure a comprehensive ranking.

We began by analyzing fees and pricing structures, including trading commissions, deposit/withdrawal costs, and account maintenance charges. Brokers offering low or zero commissions scored higher for affordability. Next, we tested platform usability for both desktop and mobile versions, emphasizing intuitive design, advanced tools, and customizability.

We also assessed the range of available assets, prioritizing brokers offering access to equities, ETFs, forex, commodities, and cryptocurrencies. Regulatory oversight by trusted bodies like the Monetary Authority of Singapore (MAS) was key in ensuring safety and transparency.

Additionally, we evaluated customer support quality, education resources, and innovative features like automated trading and AI-driven insights. By weighing these factors, we’ve identified brokers that cater to everyone—from beginners to seasoned professionals—ensuring you can trade with confidence and efficiency in Singapore.

FAQ

What should I look for when choosing an online broker in Singapore?

When selecting an online broker, consider factors like fees (trading commissions, deposit/withdrawal costs), platform usability, available asset types (stocks, ETFs, forex, etc.), regulatory compliance (MAS oversight), and customer support. These elements ensure a smooth and secure trading experience.

Are online brokers in Singapore regulated?

Yes, reputable online brokers in Singapore are regulated by the Monetary Authority of Singapore (MAS). This ensures that they adhere to strict standards of transparency, safety, and customer protection, making it essential to choose a MAS-licensed broker.

Can I access international markets through Singapore-based online brokers?

Absolutely! Many online brokers in Singapore provide access to global markets, allowing you to trade international stocks, forex, and ETFs alongside local options. Platforms like Saxo and Interactive Brokers are especially known for their extensive global reach.