FunEmpire® Singapore Blog

8 Best Robo Advisors in Singapore [2023]

Robo Advisor Singapore

Best Robo Advisor Singapore
Best Robo Advisor Singapore

Many people are looking for ways to earn more money, but most do not have the time or energy to make it happen. For these individuals, robo advisors are a great solution. Robo advisors offer many benefits that may help you reach your financial goals sooner. They can also provide peace of mind with their diversified portfolios and risk control features. If you’re interested in learning about 8 best robo advisers in Singapore, then read on!

1. AutoWealth

AutoWealth - Robo Advisor Singapore (Credit: AutoWealth)
AutoWealth – Robo Advisor Singapore (Credit: AutoWealth)
Key FeaturesLower fees
Custodian account
Access to professional financial experts
Websitehttps://www.autowealth.sg/
Address21 Heng Mui Keng Terrace, #01-01, iCube Building, National University of Singapore, Singapore 119613
Contact+65 6777 7249
Operating HoursMonday – Friday, 9:00 AM – 6:00 PM

For a minimal investment of $3,000, you will be able to see the growth of your money and receive all of AutoWealth’s services, including financial advising. It’s one of the finest robo advisors in Singapore for newbies and busy investors.

The firm’s reputation for protecting client assets is well-deserved. All Saxo Capital Markets clients have legally separate accounts under their own name, ensuring that they have access to their funds at all times.

Furthermore, signing up for AutoWealth’s services will provide you with more than other robo advisors on the island. We’ve discovered that AutoWealth’s lower costs, strategic financial planning, and custodian accounts are only a few of the benefits associated with its services when compared to other robo advisors in Singapore.

2. DBS DigiPortfolio

DBS DigiPortfolio - Robo Advisor Singapore (Credit: DBS DigiPortfolio)
DBS DigiPortfolio – Robo Advisor Singapore (Credit: DBS DigiPortfolio)
Key FeaturesReputable Bank
No time limit on withdrawals
Websitehttps://www.dbs.com.sg/personal/default.page
Address/Contacthere

If you’d rather invest in a bank-managed Robo advisor, DBS digiPortfolio is the one to choose. To begin a portfolio, you’ll need at least $1,000 but there is no time limit on withdrawals.

There’s also the choice of letting the bank manage your portfolio and perform rebalancing operations as needed. Asia or Global portfolios are available to you as a selection.

The Global portfolio, on the other hand, employs USD rather than SGD. The annual management charge for both portfolios is 0.75 percent.

3. Endowus

Endowus - Robo Advisor Singapore (Credit: Endowus)
Endowus – Robo Advisor Singapore (Credit: Endowus)
Key FeaturesTransparent fees
Expert financial team
Websitehttps://endowus.com/
Address146B Neil Rd, Singapore 088875
Contact+65 3138 9167
Operating HoursOpen 24 hours

If you’re searching for the best robo advisors in Singapore with low rates and transparent costs, Endowus is a good option. When you pay for its services, you’re essentially paying for everything it needs to help your money grow, from investment costs to transfer costs.

Endowus is known for tailoring its clients’ investment programs to their specific goals and financial means. It’s done so that every client’s long-term financial objectives are achieved.

The firm further benefits from the services of some of the island’s most experienced financial consultants, all of whom are well-versed in the complex realm of investments and stock trading.

4. Kristal.AI

Kristal.AI - Robo Advisor Singapore (Credit: Kristal.AI)
Kristal.AI – Robo Advisor Singapore (Credit: Kristal.AI)
Key FeaturesNo minimum amount
High Returns
Websitehttps://kristal.ai/
AddressKristal Advisors (SG) Pte Ltd. 50-03, AXA Tower, 8 Shenton Way, Singapore 068811
Contact+65 8511 9486
Operating HoursMonday to Friday
930AM to 6PM

Kristen.AI is a wealth management platform for both first-time and high-net-worth investors. This is yet another Robo advisor that does not need a minimum investment amount. They charge a fee of 0.3 percent for standard investment accounts, but they don’t charge management fees for accounts with balances under $50,000.

You have the ability to construct a multi-asset portfolio with this Robo advisor. This is ideal for investors who want to take on significant risks in order to achieve great gains.

5. MoneyOwl

MoneyOwl - Robo Advisor Singapore (Credit: MoneyOwl)
MoneyOwl – Robo Advisor Singapore (Credit: MoneyOwl)
Key FeaturesLow-cost services
Full-salaried advisors
Websitehttps://www.moneyowl.com.sg/
Address23 Keong Saik Rd., Singapore 089130
Contact+65 6329 9188
Operating HoursMonday – Friday, 9:00 AM – 6:00 PM

MoneyOwl has helped thousands of Singaporeans boost their savings through sound investing as one of the top performing robo advisors in Singapore. It allows clients to invest via cash and supplementary retirement plans, making it one of the few robo advisors to do so.

One of the main reasons we consider it one of the best robo advisors in Singapore is because it provides low-cost services with rebates. It thinks that reliable financial answers don’t have to cost a fortune.

If you want to secure a brighter financial future for your family, MoneyOwl is a good option. MoneyOwl’s social goal is to assist families in making the appropriate financial decisions for their long-term well-being.

6. OCBC RoboInvest

OCBC - Robo Advisor Singapore (Credit: OCBC)
OCBC – Robo Advisor Singapore (Credit: OCBC)
Key FeaturesVariety of portfolios
Flexible top ups
Websitehttps://www.ocbc.com/group/gateway
Address/Contacthere
Operating Hours24/7 Daily or 11am to 7PM

Under a bank, OCBC RoboInvest provides you with a number of thematic portfolios to select from. You can already begin investing and increasing your funds with a minimum investment of $100.

They have over 36 portfolio options to select from depending on yearly returns, region, and risk level.

The Robo Invest portfolio has several areas of expertise, including cloud computing and electric vehicles. This Robo investor’s accounts also allow for flexible top-ups and no fees for partial and complete withdrawals.

7. StashAway

StashAway - Robo Advisor Singapore (Credit: StashAway)
StashAway – Robo Advisor Singapore (Credit: StashAway)
Key FeaturesNo required minimum investment
User-friendly
Websitehttps://www.stashaway.sg/
Address105 Cecil St, #14-01 The Octagon, Singapore 069534
Contact+65 6958 1052
Operating HoursMonday – Friday, 9:00 AM – 6:00 PM

StashAway is a user-friendly robo advisor, making it the best robo advisor in Singapore for novices to learn about the fundamentals of investing in the stock market. It’s also regarded as one of the most transparent since it discloses all costs upfront, from ETF fees to conversion rates.

Regarding costs, StashAway’s fees are somewhat greater than other robo advisors, but it has been able to attract a large number of clients by its openness and simplicity. You may be spending a little more, but the extra expenditure is well worth it if you’re getting so much more in return.

One of the main reasons we consider it one of the finest robo advisors in Singapore is that it is licensed and regulated by the MAS, which means it follows all regulations and standards. Clients get an added layer of protection by investing with someone who understands how to make money grow.

8. Syfe

Syfe - Robo Advisor Singapore (Credit: Syfe)
Syfe – Robo Advisor Singapore (Credit: Syfe)
Key FeaturesAll-inclusive pricing
Low annual fees
No required minimum investment
Websitehttps://www.syfe.com/
Address10th Floor, 5 Shenton Way, UIC Building, Singapore 068808
Contact+65 3138 1215
Operating Hours Open 24 hours

Syfe is one of the most popular robo advisors in Singapore. It offers fully managed investment portfolios to both novice and experienced investors, allowing them to take their finances in hand without having to worry about where their investments are heading. It relieves its customers of the burden of worrying about where their funds are going.

When you get Syfe’s services, you may talk to some of the top financial experts in Singapore. You’ll be given advice on how to make your money grow while it’s sitting in the stock market. Another thing we appreciate about Syfe is that its fees are far lower than those of other robo advisors on the island. For just 0.4% per year, Syfe’s team will make sure your money continues to grow.

Syfe does not demand a minimum investment, so you won’t be required to put up money you can’t afford to lose!

Robo Advisor Singapore

Robo advisors are an increasingly popular way to manage investments, but there are so many options available in Singapore that it can be difficult to choose. To help you get started on the best Robo advisor for your needs, we’ve compiled a list of eight top contenders above which we strongly believe would strongly suit you! Nonetheless, we hope this article has helped you with current or future Robo advisor selections!

Before you go, do check out our other articles as well!