The best investment platform in Singapore is the one that fits what you plan to buy. For US shares, several MAS-licensed brokers list zero commission. For SGX shares, the choice is between low-cost custody accounts and dearer CDP-linked ones. For funds, CPF and SRS, or a hands-off portfolio, a fund platform or robo-adviser does the job for a yearly fee.
Investing can lose money. Every product mentioned here can fall in value, and you may get back less than you invest. This guide compares platforms. It does not tell you what to buy.
How We Compared
We looked at the brokers and robo-advisers that Singapore finance sites and creators promote most in 2026, and kept those where we could do three things:
- Confirm a Capital Markets Services licence in the MAS Financial Institutions Directory.
- Read standing fees on the platform’s own pricing page, as at November 2026.
- Cost the same orders at each one.
Ten platforms passed: moomoo, Tiger Brokers, Webull, Longbridge, Interactive Brokers, Saxo, POEMS, Syfe, Endowus and StashAway. uSMART is also widely promoted and MAS-licensed; it is not in the table below, but we review its fees separately in our uSMART review, including a US flat fee that uSMART itself labels a promotion ending 30 November 2026.
We ignored sign-up rewards and introductory waivers. They change often and end. We give no ratings. “Lowest” below always means lowest on the stated order.
Step One: Decide What You Are Buying
Singapore shares, REITs and SGX-listed ETFs. First decide between CDP and custody. CDP-linked accounts at moomoo, Tiger Brokers (Cash Boost) and POEMS (Cash Management) cost about S$10 an order. Custody accounts cost about S$1 to S$3.
US shares and US-listed ETFs. Commission is close to zero at several brokers. The cost that remains is currency conversion, and only some brokers publish it. Our US stock broker comparison goes deeper.
Unit trusts. Endowus charges a yearly fee with no sales charge. POEMS lists unit trusts with no sales charge or platform fee. moomoo, Tiger Brokers and Longbridge list funds with no subscription fee.
A managed portfolio. Syfe, Endowus and StashAway charge 0.60% to 0.80% a year on small balances. See our robo-adviser comparison.
CPF or SRS money. Fewer platforms take it. Read the CPF and SRS section below before anything else.
Best Investment Platform Costs in Singapore, Order by Order
The table costs two orders at each broker: S$2,000 of an SGX-listed share, and US$2,000 of a US-listed ETF priced at US$100 (20 shares). Figures are the broker’s commission and platform fee before GST, from its own pricing page as at November 2026. SGX trading and clearing fees (about S$0.80 on S$2,000) and US settlement fees are extra.
| Platform | S$2,000 SGX order | US$2,000 US order | SGX shares held |
|---|---|---|---|
| Webull | S$0.80 | US$0 | Custody |
| Longbridge | S$0.99 (commission waived, terms apply) | US$0.99 | Custody |
| POEMS Cash Plus | S$1.60 | US$0 | Custody |
| moomoo | S$1.98 | US$0.99 | Custody |
| Syfe brokerage | S$1.98 | US$0 | Custody |
| Tiger Brokers | S$1.99 | US$1.99 | Custody |
| Interactive Brokers | S$2.50 | US$0 (Lite) or US$1 (Pro Fixed) | Custody |
| Saxo | From S$3 | From US$1, plus 0.25% conversion | Custody |
| moomoo CDP account | S$9.98 | US$8 | CDP |
| Tiger Cash Boost | S$9.99 | US$9.99 | CDP |
| POEMS Cash Management | S$10 | US$20 | CDP |
How to read it:
- Twelve SGX orders a year cost about S$10 at Webull and about S$120 through a CDP-linked account, before GST and SGX fees. The difference is what you pay to hold shares in your own name.
- The US column hides currency costs. Interactive Brokers publishes about 0.03% for automatic conversion. Saxo publishes 0.25%. Webull says it charges no conversion fee. We could not verify a figure for the others.
- Other charges matter too. POEMS Cash Plus charges 1% of SGX dividends (S$1 to S$50) and S$15 a quarter if you do not trade. Saxo charges 0.12% a year custody on foreign shares unless you opt into securities lending.
The short version: pick the type of platform first (broker, fund platform or robo-adviser), then decide on CDP or custody, then compare the fees on the order size you will actually place.
CDP or custody?
With a CDP-linked account, SGX shares are registered in your own name at the Central Depository. You can sell them through any CDP-linked broker, and you deal with companies directly as a shareholder.
With a custody account, the broker holds the shares for you. Trading is cheaper. Moving to another broker means a transfer, which can carry a fee.
Neither arrangement is covered by SDIC, which insures eligible bank deposits only. Neither protects you from a falling share price.
For someone buying S$500 a month, a S$10 fee is 2% of each purchase. For someone buying S$20,000 a few times a year, it is 0.05%. The right answer depends on your order size and how much you value direct ownership.
Using CPF or SRS Money
- Funds with CPF or SRS: Endowus charges a flat 0.40% a year for advised portfolios.
- SGX shares with CPF or SRS: moomoo lists CPF and SRS accounts at 0.10% plus 0.12% (each minimum S$4.99). Tiger’s Cash Boost Account charges 0.10% plus 0.12% (minimums S$4.99 and S$5). POEMS’ site refers to CPF and SRS accounts, but we could not verify its rate.
- SRS managed portfolios: Syfe and StashAway both offer them.
CPF Ordinary Account savings earn 2.5% a year untouched, so an investment has to beat that after fees to be worth the risk. Our CPF Investment Scheme explainer, CPF OA vs invest calculator and SRS guide explain the rules and the maths.
What These Platforms Also Sell
Most brokers on this list also offer options, margin loans, futures, CFDs, leveraged forex or crypto. They appear in the same app as ordinary shares.
These are high-risk products. Leverage magnifies losses, and with some of them you can lose more than you deposited. We do not rank platforms for them and do not suggest using them. If you only want to invest for the long term, a cash account with no margin is enough.
Who Should Not Use Any of These Yet
If you have no emergency savings, or you will need the money within a few years, market investments are the wrong place for it. Compare steadier options in our guide to T-bills, Savings Bonds and fixed deposits first.
If you carry credit card or personal loan debt, the interest you pay is likely to be higher than any return you can reasonably expect.
What To Do Next
- Write down what you will buy, how much per order and how often.
- Check each shortlisted firm in the MAS Financial Institutions Directory.
- Cost your own order on the platform’s pricing page, including GST and currency conversion.
- Test your plan with lower returns in our compound interest calculator.
