The best robo-advisor in Singapore on fees depends on how much you invest and whose money it is. At S$10,000 in cash, the yearly management fee is 0.60% at Endowus, 0.65% at Syfe and 0.80% at StashAway. For CPF money, Endowus is the only one of the three that accepts it. All three take SRS.
Investing can lose money. A robo-adviser automates the investing. It does not remove the risk. Portfolios can fall, sometimes sharply, and you may get back less than you put in. This comparison covers costs and features, not which portfolio to choose.
What a Robo-Adviser Does
A robo-adviser (also spelt robo-advisor) asks about your goals and how much risk you can take, then invests your money in a ready-made portfolio of funds or ETFs. It rebalances for you and charges a percentage of your balance each year.
You pay two layers of cost:
- The platform’s fee, which you see deducted.
- Fund-level fees, which the ETF or fund manager takes from the fund’s value. You never see these as a line item.
How We Compared
The list. Syfe, Endowus and StashAway are the three robo-advisers that Singapore finance sites promote most. Each holds a Capital Markets Services licence, which we confirmed in the MAS Financial Institutions Directory. Banks and other firms offer similar services. We have not costed them here.
The measure. The management fee in dollars for one year on a steady cash balance of S$10,000, S$50,000 and S$100,000 in each platform’s main managed portfolios, from its own pricing page as at November 2026. GST is extra where it applies.
What we excluded. Past performance, sign-up rewards and ratings. Returns over a few years say little about the future, and the three platforms hold different things, so performance tables mislead more than they help.
Best Robo-Advisor Fees in Singapore: Cost Table
| Endowus | Syfe | StashAway | |
|---|---|---|---|
| Fee on S$10,000 (cash) | S$60 (0.60%) | S$65 (0.65%) | S$80 (0.80%) |
| Fee on S$50,000 (cash) | S$300 (0.60%) | S$275 (0.55%) | S$375 (0.75%) |
| Fee on S$100,000 (cash) | S$600 (0.60%) | S$550 (0.55%) | S$675 (0.675%) |
| How the fee steps down | Lower rate from S$200,000 | Whole balance moves to lower rate at each tier | Lower rate on each slice above S$25,000 |
| CPF OA and SA | Yes, 0.40% flat | No | No option found |
| SRS | Yes, 0.40% flat | Yes | Yes, same scale as cash |
| Invests through | Unit trusts | ETFs and funds | ETFs |
| Fund-level fees stated | 0.05% to 1% a year | Varies by portfolio | About 0.2% (income: 0.4%) |
| Cash management product fee | 0.15% | 0% to 0.20% by product and tier | About 0.15% to 0.2% |
Why the numbers differ in shape:
- Syfe applies one rate to everything once you cross a tier. At S$50,000 the whole balance drops from 0.65% to 0.55%.
- StashAway charges each slice separately. The first S$25,000 always costs 0.8%, however large the account.
- Endowus holds 0.60% until S$200,000, then 0.50% up to S$1 million.
The short version: fee gaps between the three are small, about S$20 a year on S$10,000. What they invest in, and whether they take CPF, will matter more to most people than the management fee.
A Worked Example: S$2,000 a Month
Illustration only. An investor puts in S$2,000 a month. We assume no market movement, to isolate fees, and leave out GST.
Year one. The balance grows from S$2,000 to S$24,000, averaging about S$13,000.
- Endowus: about S$78
- Syfe: about S$85
- StashAway: about S$104
Year three, holding S$72,000. Assume contributions have stopped and the balance is steady.
- Endowus: 0.60% is S$432
- Syfe: 0.55% is S$396
- StashAway: S$200 on the first S$25,000, S$175 on the next S$25,000 and S$132 on the last S$22,000, a total of S$507
Add fund-level fees. If the underlying funds cost 0.2% to 0.4% a year, add S$144 to S$288 on S$72,000. The all-in cost is then roughly 0.75% to 1.1% a year.
Why this matters. On S$72,000, a 1% yearly cost is S$720 in a year when markets are flat. It is charged whether the portfolio rises or falls. Over 20 years, a 1% difference in yearly return changes the end result by a wide margin. Try two return figures in our compound interest calculator to see it.
Using CPF or SRS, and How Your Money Is Held
CPF. Endowus charges 0.40% a year on CPF money in advised portfolios, plus fund fees. CPF Board’s rules decide how much you can invest and in what. Savings in your Ordinary Account earn 2.5% a year if you do nothing, with no risk of loss. An investment has to beat that after all fees, and it may not.
Our CPF Investment Scheme explainer covers the rules. The CPF OA vs invest calculator lets you test what return you would need.
SRS. All three accept SRS money, and you need an SRS account with an operator bank first. SRS money left uninvested earns only the bank’s deposit rate, which is the usual reason people invest it. The trade is market risk. Our SRS guide explains the tax relief and the withdrawal rules.
How your money is held
Each firm is a Capital Markets Services licensee. Endowus says client cash sits in a trust account at UOB Kay Hian. Syfe names a US broker as sub-custodian for US shares in its brokerage. We could not confirm from public pages the custodians for Syfe’s and StashAway’s managed portfolios, so ask before you invest a large sum.
None of the three is covered by SDIC deposit insurance. That includes their cash management products, which are funds and not deposits.
The Catch With All Three
- You pay every year, on the full balance. A broker charges only when you trade. Over a long holding period, the robo fee adds up to much more.
- A questionnaire is not full financial advice. A robo-adviser does not know about your debts, insurance, family plans or other assets unless you account for them yourself.
- Portfolios can be riskier than their names suggest. A 100% equity or single-sector portfolio can fall a long way. Read the factsheet.
- Some sell more than managed portfolios. Where a platform also offers options or other leveraged products, treat those as a separate, high-risk activity. They are not part of a managed portfolio and we do not suggest them.
Who a robo-adviser does not suit
- People comfortable buying a few ETFs themselves. A broker is cheaper to run. See our guide to the best investment platforms in Singapore.
- Anyone with money needed in the next few years. Look at T-bills, Savings Bonds and fixed deposits instead.
- Anyone still paying off high-interest debt. The interest on that debt is likely to exceed any return you can reasonably expect.
What To Do Next
- Check each firm in the MAS Financial Institutions Directory.
- Work out the fee in dollars on your own expected balance, then add the fund-level fees from the portfolio factsheet.
- Read how far the portfolio you are considering has fallen in past downturns, and ask whether you could sit through that.
