FunEmpire® Singapore Blog

34 Best Trading Platforms In Singapore [2023]

Trading Platform Singapore

Best Trading Platform Singapore
Best Trading Platform Singapore

A trading platform is a trading venue and for trading in securities and derivatives on the trading platform. Trading platforms exist in different forms, such as an exchange, a securities trading system, or an electronic communication network.

These trading platforms help to reduce the cost of trading by eliminating the need for traders to access multiple exchanges, brokers and traders. They also can provide trading on a more global basis.

The Singapore Exchange is one of the largest trading venues in Asia: more than 1 billion trades worth $5 trillion were executed on its trading system last year. It has also partnered with international exchanges to launch financial products and services; more than 500 companies have listings on its database.

There are many trading platforms in Singapore, but not all trading platforms are the same. Some trading platforms offer only financial trading, while others allow you to trade both digital and physical goods. There is one trading platform for everyone!

In this blog post, we will list the 34 best trading platforms in Singapore that work for your specific needs.

1. Tiger Brokers

Tiger Brokers - Trading Platform Singapore
Tiger Brokers – Trading Platform Singapore (Credit: Tiger Brokers)
Key ServicesOnline Trading Platform
Websitehttps://www.tigerbrokers.com.sg/  
Address50 Raffles Pl, #29-04 Singapore Land Tower, Singapore 048623
Phone+65 6950 0591 , +65 6331 2277
Emailservice@tigerbrokers.com.sg

Tiger Brokers is a leading online trading platform in Singapore that is supported by Xiaomi and listed on NASDAQ. Tiger Brokers made it to the top of the list of best online trading platforms in Singapore with their low fees and worldwide market accessibility. Singapore, the United States, Hong Kong, China, and Australia are among them. There are several more places where you can access stocks, ETFs, options, warrants, CBBCs, REITs, futures, and more on multiple markets from a single new trading account.

Client Testimonial:

I have been using Tiger brokers in Singapore for close to a year. I think it’s suitable for investors of all levels and it’s commission free for first 180days! Investors with DBS account can deposit funds within seconds. Use referral code UHAYU7 to enjoy rewards together!

Tan Junhao

2. Interactive Brokers

Interactive Brokers - Trading Platform Singapore
Interactive Brokers – Trading Platform Singapore (Credit: Interactive Brokers)
Key ServicesTrading Platform
Websitehttps://www.interactivebrokers.com.sg/en/home.php 
Address40-02A, Asia Square Tower 1, 8 Marina View, Singapore 018960.
Phone1 (888) 919-0022
Emailmedia@interactivebrokers.com

Interactive Brokers (IBKR) has been on the NASDAQ since 2007 and recently established an office in Singapore in July 2020. IBKR is a well-known brokerage that has already been utilized by numerous investors in Singapore before its debut in Singapore.

To use IBKR in Singapore, a Singaporean must first become an IBKR Pro user. You can use all of the services that IBKR has to offer as an IBKR Pro user, including their sophisticated technologies such as IBKR algorithms, APIs, and tools that Lite Users are unable to access. More than 40 ETFs with no transaction costs.

Client Testimonial:

Waiver of monthly inactivity fee is definitely a welcome addition. One of the best online brokerages due to its wealth of tools for sophisticated/more experienced investors.

Wong Yu Sim

3. City Index

City Index  - Trading Platform Singapore
City Index – Trading Platform Singapore (Credit: City Index)
Key ServicesTrading Platform
Websitehttps://www.cityindex.com.sg/ 
AddressOne Raffles Pl, #12-62, Tower 2 One, Singapore 048616
Phone+65 6826 9988
Emailenquiries@cityindexasia.com

The New York Stock Exchange-listed GAIN Capital launched City Index as a trading brand in 1983. As a global CFD and FX broker, City Index is authorized by several financial authorities throughout the world, including the Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC).

City Index is known as a safe and reliable trading platform for traders and investors due to its long history of 38 years, global presence bolstered by its listed parent company, and accreditation by several of the world’s leading financial regulatory bodies.

As a welcome present, all new clients may obtain a one-year all-access pass to The Wall Street Journal for S$480 when they make a minimum deposit of S$6,500 on account opening. Additional information can be seen in the Terms and Conditions.

Client Testimonial:

Experience so far has been good. The relationship manager has been prompt with replies and comfortable explaining trades to me. Fund transfers have been hassle-free and no issues so far *fingers crossed*

The products offered have been complete and adequate for me. Good for starters and new users. The platform is easy to use and has functionalities comparable to other market players.

Will write a review again if anything comes up. Maybe some constructive user feedback will help them transform and improve further.

Ee Kim

4. moomoo (by FuTu SG)

moomoo (by FuTu SG)  - Trading Platform Singapore
moomoo (by FuTu SG) – Trading Platform Singapore (Credit: moomoo)
Key ServicesOnline Trading Platform
Websitehttps://www.moomoo.com/en-sg
Address 1 Raffles Quay North Tower #39-02, Singapore 048583
Phone+65 6439 1100 (Weekdays: 9am-6pm)
Emailclientservice@futusg.com , support@moomoo.com

Moomoo by Futu SG, an online trading platform based in Singapore, made its debut by offering a free AAPL share pre-launch and during their launch. You may simply discover popular equities and hot industries to invest in with a variety of tools at your disposal. It can filter by market cap, change rate, turnover, trade volume, P/E ratio, among other things. Moomoo by Futu SG is a good choice for novice traders since it charges only US$0.99 per stock in the United States, HK$3 in Hong Kong, and S$0.99 in Singapore.

If you’d like to learn more about moomoo by FUTU SG, check out our post here, which goes through everything you need to know about investing online on moomoo by FUTU SG. Finally, as a welcome present, you may receive free Apple and Nio shares if you make a minimum deposit of S$2,700 and complete 5 trades after opening an account and getting it approved.

Client Testimonial:

Futu has an excellent Customer Service Team. Kudos to Lynda, Rachel and Winnie for assisting me to resolve my voucher issue. It was a very smooth process without any hiccups. They are very responsive in replying to my emails. At times, I even received emails from them after working hours. Very responsible and passionate about their work. This is what an “A Team” should be. Your boss has very good insight to make the decision to hire this team.

Edmund Fong

5. Saxo Markets

Saxo Markets - Trading Platform Singapore
Saxo Markets – Trading Platform Singapore (Credit: Saxo)
Key ServicesTrading Platform
Websitehttps://www.home.saxo/en-sg 
Address3 Church St, #30-00 Samsung Hub, Singapore 049483
Phone+65 6303 7800
Emailps@saxomarkets.com

Because it’s so popular among investors, it’s no surprise that Saxo Markets made the list of top online trading platforms in Singapore. The online broker provides a wide range of trading instruments, including basic equities and bonds as well as more sophisticated products such as forex, CFD trading, and other leveraged products. Even though it’s relatively easy to open an account, if you’re looking for a no-hassle approach, there are additional options like debt consolidation loans or gifts of stocks and bonds. They also provide more sophisticated savings products, such as regular savings plans and managed portfolios, designed particularly for people who want to be more passive investors.

You may also download their unique learning platform, which offers a wealth of instructional and motivating material to assist you in your investing adventure.

Client Testimonial:

One of the most intuitive and user friendly platforms out there in the market. Offers a wide range of asset classes across global markets – perfect for the multi asset long-term investor. Margin calculations can be easily understood from the interface. Performance analysis is also very useful to understand the return drivers of your portfolio better. Highly recommended for both new and experienced investors!

However, for a basic online trading account user, there is no 24/7 chat available although all of your queries can be addressed via a ticket system and usually takes a few working days to be resolved. The customer support gets better for platinum accounts and above.

Asyraf Salman

6. POEMS

POEMS - Trading Platform Singapore
POEMS – Trading Platform Singapore (Credit: Poems)
Key ServicesOnline Trading Platform
Websitehttps://www.poems.com.sg/ 
Address250 North Bridge Road, #06-00 Raffles City Tower, Singapore 179 101
Phone+65 6531 1555
Emailtalktophillip@phillip.com.sg

POEMS, one of Singapore’s oldest online brokerage firm, has over forty years of expertise. POEMS has amassed over 40,000 types of financial products in its catalogue and is active in 15 different countries around the world, including the United States, the United Kingdom, Australia, Japan, and Hong Kong.

POEMS allows you to perform numerous methods of brokerage account funding, and most of them don’t cost anything. Overall, POEMS is a trustworthy choice for investors and active traders who want broad market access, credibility, and a large variety of instruments.

Client Testimonial:

Have been using Poems ever since I started trading 🙂 happy with my trading experience thus far, hence no wish to change to other platforms. Customer support provides accurate information, and refers us to our online brokers when they are unable to provide exact details pertaining to our brokerage accounts.

Abundance Rebecca Chiang

7. Maybank Kim Eng

Maybank Kim Eng - Trading Platform Singapore
Maybank Kim Eng – Trading Platform Singapore (Credit: Maybank)
Key ServicesTrading Platform
Websitehttps://www.maybank-ke.com.sg/ 
Address 50 N Canal Rd, Singapore 059304
Phone+65 6432 1888
EmailMKES_helpdesk@maybank.com

The fully-owned investment arm of Maybank is Maybank Kim Eng. Maybank Kim Eng serves as a one-stop shop for individuals seeking to build a diversified investment journey portfolio, with its wide range of products and market access. Maybank Kim Eng caters to a wide range of investor types and goals, with a diverse range of leveraged and non-leveraged trade instruments, such as equities, shares, ETFs, bonds, FX and CFDs.

Maybank Kim Eng is an excellent place for novice investors to get their feet wet with a variety of financial assets.

Client Testimonial:

strong stock broker with broad product offerings.

Han C

8. OANDA

 OANDA - Trading Platform Singapore
OANDA – Trading Platform Singapore (Credit: OANDA)
Key ServicesOnline Trading Platform
Websitehttps://www.oanda.com/sg-en/ 
Address 50 Collyer Quay, Singapore 049321
Phone+65 6579 8289
Emailfrontdesk@oanda.com

Oanda has a long history of more than 25 years of expertise and several regulatory approvals across the world, including Singapore and other tier-1 jurisdictions. Oanda is a highly reputable online brokerage, since it has built up a reputation for providing quality customer service. As such, many FX and CFD traders use Oanda as their preferred online brokerage. Some 55+ commodities, metals, bonds, and indices are available through Oanda.

Aside from that, Oanda offers high-quality research and educational materials to help traders enhance their chances of success. This includes a combination of news headlines, in-house material, and premium sources from prominent think-tanks.

Oanda is best suited for experienced traders and long-time investors who have already decided on a trading focus. Newbie traders, nevertheless, may find trade value in an Oanda account for the quality of its analysis and news. When you use OANDA’s commission’s pricing choice, you may save money on spreads.

Client Testimonial:

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

aENT Marketplace

9. IG

IG - Trading Platform Singapore
IG – Trading Platform Singapore (Credit: IG)
Key ServicesOnline Trading Platform
Websitehttps://www.ig.com/sg 
Address9 Battery Rd, #01-02 MYP Centre, Singapore 049910
Phone+65 6390 5133
EmailAccountopening@ig.com.sg

IG is a mobile app that’s been around for more than 45 years, has a listing on the London Stock Exchange, and has received several top-tier government regulatory approvals from all over the world. With such a solid track record, it’s no surprise IG cut as one of Singapore’s best online trading platforms.

IG is one of the world’s largest providers of CFD trading and forex trades (FX) with more than 17,000 financial markets and 104 FX pairs. IG also has one of the most user-friendly trading platforms, so novices can feel comfortable investing in the app. You may also take advantage of IG Academy’s online courses and webinars for free.

Client Testimonial:

Im not sure why people have had such bad experiances. I’ve found IG to be really good, nice app, often get straight through on the phone, reliable service. Zack in SG was very helpful today and sorted out my querries.

Dan Critchley

10. UOB kay Hian

UOB kay Hian - Trading Platform Singapore
UOB kay Hian – Trading Platform Singapore (Credit: UOB kay Hian)
Key ServicesOnline Trading Platform
Websitehttps://www.uobkayhian.com/ 
Address8 Anthony Rd, #01-01, Singapore 229957
Phone+65 6535 6868
Emailcontact@utrade.com.sg

What’s better than closing out our list of the top online trading platforms in Singapore with UOB Kay Hian? Because it is the largest interactive broker in Singapore, UOB Kay Hian provides a large range of investment products: UTs, ETFs, Bonds, CFDs, and FX. However, it is surprising to learn that UOB Kay Hian conducts trading on just a few stock exchange – Singapore, Malaysia, Hong Kong, and the United States.

Despite this, with the backing of one of Singapore’s largest brokers and a respectable bank, you may feel confident in choosing UOB Kay Hian to begin your investing adventure.

Client Testimonial:

I had experienced challenges with investing with SRS account. UOB client concierge and customer care was the reason why I had switched from another major bank. Terence had been helpful to guide me through the process and prerequisite. I am looking forward to invest my retirement fund with Terence in years to come.

KBoxD Vo

11. Syfe Trade

 Syfe Trade - Trading Platform Singapore
Syfe Trade – Trading Platform Singapore (Credit: Syfe Trade)
Key ServicesOnline Trading Platform
Websitehttps://www.syfe.com/trade
Address#11-01 11th Floor, The House Of Eden, 4 Robinson Road, Singapore 048543
Phone+65-3138-1215
Emailsupport@syfe.com

The only platform to date that allows you to make free monthly transactions and charge reasonable fees after. All new customers will get a free 5-trade trial for the first three months, with each trade costing US$0.99. Sign up and get two free trades every month for a year, plus US$1.49 per trade after that.

Client Testimonial:

If you want to buy fractional shares, one of the easiest ways to do so would be through Syfe Trade.

Budget Babe

12. uSMART SG

uSMART SG - Trading Platform Singapore
uSMART SG – Trading Platform Singapore (Credit: uSMART)
Key ServicesOnline Trading Platform
Websitehttps://www.usmart.sg
Address3 Phillip Street #12-04 Royal Group Building Singapore 048693
Phone+65 63030663
Emailsupport@usmart.sg

uSMART Group is a Singapore-based investment firm that was established in December 2018 with offices in Hong Kong, China, and New Zealand. With more than half of the workforce located in their product and development groups worldwide, it’s a testament to how they plan to use cutting-edge technology to provide wise investments to investors. uSMART Securities is the largest online broker for intelligent investment that offers clients with a professional Smart Investment journey experience through cutting-edge technology.

Client Testimonial:

The best trading platform I have ever used and the best part is that you can trade anywhere and anytime. It gives me instant access to the stock market. I was impressed with it’s clean interface, easy to navigate, and real time data.

Andy Toh

13. Phillip MetaTrader 5

Phillip MetaTrader 5 - Trading Platform Singapore
Phillip MetaTrader 5 – Trading Platform Singapore (Credit: Phillip Nova)
Key ServicesOnline Trading Platform
Websitehttps://www.phillipnova.com.sg/phillip-metatrader-5-suite/
Address250 North Bridge Road, #07-01 Raffles City Tower Singapore 179101
Phone+65 6538 0500
Emailnova@phillip.com.sg

The MetaTrader 5 is the most recent version of the MetaTrader platform. It’s no surprise that this is one of the most popular trading platforms in the world, with advanced charting and technical indicators for Forex and CFD (cryptocurrencies, indices, oil, & shares) trading. Trading Central indicators are now compatible with Phillip MetaTrader 5, which features everything from daily analyst opinions to real-time candlestick pattern analysis.

14. ProsperUs

ProsperUs - Trading Platform Singapore
ProsperUs – Trading Platform Singapore (Credit: ProsperUS)
Key ServicesOnline Trading Platform
Websitehttps://www.prosperus.asia
Address10 Marina Boulevard, Marina Bay Financial Centre Tower 2, #09-01 Singapore 018983
Emailhello@prosperus.asia

The idea for ProsperUs arose when Carol Fong, the CEO of CGS-CIMB, felt it was time for CGS-CIMB to “disrupt ourselves before we are disrupted.” She wanted CGS-CIMB to create new ways of doing business so it could remain relevant to the next generation of investors as a result of the development of FinTechs.The vision of a united, high-performing organization led by a next generation leader inspired a group of millennials to join the cause and “The Millennial Strategy” became a motto that would influence and shape their business plans.

Client Testimonial:

Sign up with prosperus recently and the sign up process was very quick and smooth. They offer attractive sign up rewards too. Thanks.

Vincent

15. CGS-CIMB Securities

CGS-CIMB Securities - Trading Platform Singapore
CGS-CIMB Securities – Trading Platform Singapore (Credit: CGS)
Key ServicesOnline Trading Platform
Websitehttps://www.cgs-cimb.com/en/home
Address10 Marina Boulevard #09-01, Marina Bay Financial Centre Tower 2 Singapore, Singapore 018983
Emailclientservices.sg@cgs-cimb.com

They have a global presence in over 20 countries through a network of local offices, branches, and strategic partners, giving them an Asian perspective. They have a strong position as Asia’s leading financial gateway, concentrating on well-researched and in-depth analysis of financial products. They are a client-focused business that focuses on value creation for clients, with a portfolio of investment and financial services available to both commercial and retail customers. Businesses in this niche include retail broking, institutional equities, derivatives, prime services, equity research, wealth management, and internet trading.

Client Testimonial:

No doubt about Mrs. Petra Louis the best among all online trading account manager I swear to tell the whole world about her, so why don’t you invest with her she’s trusted and fast I never believed If I trade with $700 I will have profit of $8000 in 5 working days you are indeed the greatest woman ever God bless you ma’am I will tell all my friends and family to trade with you, you put smile on my face

Philip Joy

16. PhillipCapital (POEMS)

PhillipCapital (POEMS) - Trading Platform Singapore
PhillipCapital (POEMS) – Trading Platform Singapore (Credit: PhillipCapital)
Key ServicesOnline Trading Platform
Websitehttps://www.poems.com.sg
Address250 North Bridge Road Raffles City Tower #06-00 Singapore, Singapore 179101
Phone6531 1555
Emailtalktophillip@phillip.com.sg

The POEMS award-winning suite of trading platforms is well positioned to provide investors and traders alike a variety of financial products on several global exchanges, as the pioneer for Singapore’s online share trading. You may get unrestricted access to over 40,000 items on 26 exchanges in 11 countries across the world with POEMS. You can trade stocks, ETFs, CFDs, forex, gold futures, futures financial contracts for commodities and other derivatives in addition to unit trusts. Regular savings plans (RSPs) and more are also available.

Client Testimonial:

I would like to give compliments to Ms Shirley Dam at Raffles City Branch . I am very happy to be assisted by her for account closure matters. She is very patience and friendly. Very Happy sharing with Mr Ryan too.

Richard Lim

17. TD Ameritrade

TD Ameritrade - Trading Platform Singapore
TD Ameritrade – Trading Platform Singapore (Credit: TD Ameritrade)
Key ServicesOnline Trading Platform
Websitehttps://www.tdameritrade.com.sg
Address1 Temasek Ave, #15-02 Millenia Tower, Singapore 039192
Phone6823 2250
Emailhelp@tdameritrade.com.sg

Asia investors and traders should know that TD Ameritrade is a strong supporter of education, resources, and local service in Asia. The team of specialists is continuously working to provide cutting-edge tools and services that assist you in understanding the United States markets so you can trade what you choose, when you choose. TD Ameritrade is a complete online trading experience that includes commission-free trading, free education, and exceptional customer care for retail investors.

Client Testimonial:

I didn’t look at the reviews before trading account opening. I opened it based off the good reviews of the thinkorswim app. But honestly, either I’m lucky or they’ve improved a lot since these reviews.

I’ve had the odd issue here and there which required me to contact TDAmeritrade but everyone on the phone has been pleasant and competent. I’ve called at many different hours (11pm, 7am, 4pm) but have not experienced any issues with super long waiting times or anything.

Izzie Wong

18. CMC

CMC - Trading Platform Singapore
CMC – Trading Platform Singapore (Credit: CMC)
Key ServicesOnline Trading Platform
Websitehttps://www.cmcmarkets.com/en-sg/
Address9 Raffles Place #30-02 Republic Plaza Tower I Singapore 048619
Phone1800 559 6000
Emailinfo@cmcmarkets.com.sg

They’re on a mission to give you the best trading experience possible. They’re enthusiastic about online trading, constantly coming up with new trading ideas to assist their clients invest in the stock market. Because they offer tight spreads in a volatile stock market, they provide competitive and dependable pricing. Their great trading platform has a wide range of yield potential for investors. Spreads are available across their product variety, from 0.7 points on EUR/USD to 0.3 points on key indices like the Singapore Free and Gold. Margin rates for FX, Indices, Commodities, and Shares range from 5% to 20%.

Client Testimonial:

Been using this product for years. Platform is super intuitive and packed with a ton of useful tools. I’ve seen significant returns since inception and I’ve been able to get my money in and out with ease. Overall great platform!

Andrew Athanasopoulos

19. Plus500

Plus500 - Trading Platform Singapore
Plus500 – Trading Platform Singapore (Credit: Plus500)
Key ServicesOnline Trading Platform
Websitehttps://www.plus500.com/en-SG/

Plus500 is a market leader in Contracts for Difference, providing trading services on shares, foreign exchange, commodities, cryptocurrencies, ETFs, options and indices. Plus500SG Pte Ltd will keep your funds in a seperate bank account when you open an account, which distinguishes customer money from company money. The Plus500 trading CFD app is one of the most popular on Apple’s App Store and Google Play. Its many sophisticated capabilities are both simple to understand and powerful in their execution.

20. OCBC Securities

OCBC Securities - Trading Platform Singapore
OCBC Securities – Trading Platform Singapore (Credit: OCBC)
Key ServicesOnline Trading Platform
Websitehttps://www.iocbc.com/index
Address#01, 18 Church St, #00 OCBC Centre South, Singapore 049479
Phone1800 338 8688

The firm is a well-known securities and derivatives broker with more than 30 years of expertise in equities, futures, foreign exchange, and leveraged FX trading. They cater to individuals ranging from retail to commercial and financial organizations. The Institution Desk is an important participant in the area of SGX-ST high-flow orders via Electronic Desk Access and Direct Market Access (DMA). They provide secure end-to-end encryption for trading and custody of foreign equities with a reputable worldwide service provider.

Client Testimonial:

Yesterday I called OCBC Securities to activate my dormant account. The customer service staff, a Joanne Wang, was very friendly and helpful. She said I have to complete two forms to reactivate the account. She said she would send me the forms—which I received today. Efficient! Thank you, Ms Wang.

Chin Beng Liew

21. DBS Vickers

DBS Vickers - Trading Platform Singapore
DBS Vickers – Trading Platform Singapore (Credit: DBS Vickers)
Key ServicesOnline Trading Platform
Websitehttps://www.dbsvickers.com/vickers/default.page
Address12 Marina Boulevard, #10-01, Marina Bay Financial Centre Tower 3, 018982
Phone6327 2288
Emailinfo-sg@dbsvonline.com

Capture trading possibilities quickly with stock information and trading tools readily at hand with DBS Vickers. DBS Vickers is a trading program that helps you trade effortlessly at your leisure, from executing buy and sell transactions to monitoring exchanges.

Client Testimonial:

Processed my application efficiently. Good discounts.

Tan Zi Liang

22. Passfolio

Passfolio - Trading Platform Singapore
Passfolio – Trading Platform Singapore (Credit: Passfolio)
Key ServicesOnline Trading Platform
Websitehttps://www.passfolio.com
Emailhello@passfolio.com

Passfolio, a global zero-commission stockbroker that opened in 2018, is a young and ambitious broker. The US Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) oversee it. Clients also benefit from Passfolio’s clearing firm’s SIPC policy, which provides up to $30 million in investor protection (with a cash account sub-limit of $900,000 per account) subject to an aggregate limit of $150 million.

Client Testimonial:

I enjoyed my experience with my account managers service, This was my first time buying and investing BTC(BITCOIN), and while there were definitely some missteps on my end, your customer support was excellent and made it all fairly painless, and at the end of everything I got my complete profits. I just tried with a little amount of $500 and just within 7 working days I got a total return of $6,500 I am really grateful ma’am some of your competitors could learn a thing or two from you.

Amb Ezekiel Gideon Abiodun

23. Alpaca Trading

Alpaca Trading - Trading Platform Singapore
Alpaca Trading – Trading Platform Singapore (Credit: Alpaca Trading)
Key ServicesOnline Trading Platform
Websitehttps://alpaca.markets

Alpaca Trading is a commission-free API stockbroker that was founded in 2015. Alpaca is a brand located in San Mateo, California. The Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), both top-tier regulators that protect investors’ and traders’ safety, oversee Alpaca Trading. The Alpaca API allows users to access US stock exchanges, historical data, and fundamental data. The creators of Alpaca claim that their platform allows small and medium-sized businesses to take advantage of machine learning and automation that large investors have been able to utilize in the past.

Client Testimonial:

If I enjoy this privilege all alone it shows how ungrateful I am because I got this opportunity from a post here as well and saw recommendations too. All thanks to the good work, I can boldly tell you Mrs Karen is the right trade expert to work with. I’m so happy to let you all know that Mrs Karen help me to manage my trade account and make a profits of $26,000 with just a deposit of $1000 with her. she is the best forex and crypto currencies trader i have ever came across.

John Asuquo

24. EasyEquities

EasyEquities - Trading Platform Singapore
EasyEquities – Trading Platform Singapore (Credit: EasyEquities)
Key ServicesOnline Trading Platform
Websitehttps://www.easyequities.co.za

EasyEquities (EE), a subsidiary of JSE listed Purple Group Limited (PPE), is an online marketplace that allows anybody to invest in the companies and brands they like. For as little as R5, $10, or whatever exchange traded funds they have available to invest (and with no monthly fees), both novice and seasoned investors may profit.

As an authorized financial services provider, EE has a strong emphasis on customer satisfaction. They wish to be a respected and acknowledged financial services company. The platform’s primary goal is to treat its clients fairly.

Client Testimonial:

I am putting most of my money into an EasyEquities account so that it can grow and one day I can spend it on a car, university fees or a house. I think it’s amazing how I can invest my money in a share, watch it grow and spend it on something awesome!

Lily Roberts

25. FSMOne

FSMOne - Trading Platform Singapore
FSMOne – Trading Platform Singapore (Credit: FSMOne)
Key ServicesOnline Trading Platform
Websitehttps://secure.fundsupermart.com/fsm/home
Address10, #26-01 Collyer Quay, Ocean Financial Centre, 049315
Phone6557 2853
Emailclienthelp@fundsupermart.com

If you trade on FSMOne, you only pay a flat S$8.80 processing fee regardless of the size of your transaction. Platinum members earn 10% more points on top of the Standard Rewards points. To become a Silver FSMOne account holder, you must first have at least S$100,000 in your FSMone account.

However, you must be aware that this is only applicable to transactions in SGX-listed equities and ETFs. This fixed fee does not include CDP clearing fees or SGX trading fees.

Client Testimonial:

The Regular Savings Program is great. RSP fees are low. Good for long term buy-and-hold dollar-cost-averaging. Their process is 100% automated and online, except for the GIRO form. Admin is easy to navigate and dispense with. I never had to seek help via chat nor call. May not be the best for real-time traders due to reasons by other reviewers Eg. higher fees, slower update time, longer time to login. However, it’s great for my purposes.

Joel Tan

26. eToro

eToro - Trading Platform Singapore
eToro – Trading Platform Singapore (Credit: eToro)
Key ServicesOnline Trading Platform
Websitehttps://www.etoro.com

eToro is a popular global online broker, thanks to its unique social trading feature, which allows you to replicate the decisions made by the platform’s top traders. The ability to learn from others and access stock investment products and ideas makes this platform a great choice for anybody wanting to improve their trading skills in any of the aforementioned areas.

27. KGI Securities

KGI Securities - Trading Platform Singapore
KGI Securities – Trading Platform Singapore (Credit: KGI Securities)
Key ServicesOnline Trading Platform
Websitehttps://www.kgieworld.sg
Address4 Shenton Way, #13-01 SGX Centre 1, Singapore 068807
Phone+65 6202 1188
Emailsgp.cs-dm@kgi.com

KGITrader is an online brokerage platform operated by KGI Securities. KGI offers three different account types: Individual, Joint, and Corporate. You may trade or purchase Stocks, Forex, Futures, Commodities and Precious Metals through KGI Securities. They also provide wealth management services. KGI Securities is client-centric, with a wealth of understanding and backing from extensive local expertise. 

KPI is the most flexible and user-friendly exchange in Singapore. In general, to trade on KGI Securities’ online contract value, a minimum commission fee of S$25 must be paid, with investments charged 0.18% – 0.275% depending on your investment amount.

Client Testimonial:

professional and trusted broker with good service

Christina Chua

28. Lim & Tan Securities

Lim & Tan Securities - Trading Platform Singapore
Lim & Tan Securities – Trading Platform Singapore (Credit: Lim & Tan Securities)
Key ServicesOnline Trading Platform
Websitehttps://www.limtan.com.sg
Address16 Collyer Quay, #15-00 Income At Raffles, Singapore 049318
Phone6533 0595
Emailonline@limtan.com.sg

In 1973, Lim & Tan Securities was formed. The firm specializes on stock brokering, and the company’s major goal is to serve retail traders. Lim & Tan Securities was one of the first to offer Internet Share Trading in Singapore, which it did in October 1998. Lim & Tan Securities provides a unique web chart that allows customers to see up to ten years of data, set and receive real-time alerts and signals. Clients can now pick counters to compare using Performance Chart, as well as add trade comments for future reference.

Client Testimonial:

Cheapest online rates among the local brokers.

Alex C

29. RHB Securities

RHB Securities - Trading Platform Singapore
RHB Securities – Trading Platform Singapore (Credit: RHB Securities)
Key ServicesOnline Trading Platform
Websitehttp://www.rhbinvest.com.sg/
Address10 Collyer Quay #09-08 Ocean Financial Centre Singapore 049315
Phone6535 7511
Emailasksgx@sgx.com

RHB Securities Singapore Pte. Ltd. (RHB Securities) is the investment banking and brokerage subsidiary of RHB Singapore, the local business operations of RHB Banking Group. RHB Banking Group, Malaysia’s fourth largest fully integrated financial services firm, has a regional presence in nine ASEAN nations as well as Hong Kong. RHB Securities is a securities firm that provides services including as margin capital, custody and nominee services, capital market services, institutional equities, and an award-winning research group. RHB Singapore offers personal financing and wealth management services, commercial and corporate banking, treasury and structured finance, as well as asset management services.

30. Standard Chartered Online Trading

Standard Chartered Online Trading - Trading Platform Singapore
Standard Chartered Online Trading – Trading Platform Singapore (Credit: Standard Chartered Online Trading)
Key ServicesOnline Trading Platform
Websitehttps://www.sc.com/sg/

The Standard Chartered Bank in Singapore is a member of an international banking organization that has been present in 59 of the world’s most dynamic economies for more than 160 years and serves customers in a total of 83 countries. Their goal is to generate all the money and progress through their distinct variation, and their brand promise, here for good, embodies this.

Client Testimonial:

Being a client of this and some other banks in Singapore for two years, I would admit that CS Vivo branch is the best service I could get. Still a lot of room for improvement, but staff is very helpful, they patiently solved many corner cases I’ve being facing, and they’ve remained calm and friendly.

Would like to say special thanks to Sheryl Hou who was careful and patient with asks that other institutes requesting from the bank I’m using.

Alex Korolkov

31. Citibank Brokerage

Citibank Brokerage - Trading Platform Singapore
Citibank Brokerage – Trading Platform Singapore (Credit: Citibank Brokerage)
Key ServicesOnline Trading Platform
Websitehttps://www.citibank.com.sg/wealth-management/investments/investment-products/brokerage/
AddressBranches

Citibank Brokerage is a web-based trading site that provides customers with access to five exchanges. Citibank Brokerage has the highest trading costs in Singapore, at S$28 per trade. Based on SG equities, it charges 0.25% trading commissions. There are other online brokerage firms in Singapore that provide comparable product and market access at a lower rate. For users who already have an account with Citibank, you may link your banking and investment accounts into a single login. For those looking to trade in just SG, HK, and US exchanges, this might be appealing.

32. IQ Option

IQ Option - Trading Platform Singapore
IQ Option – Trading Platform Singapore (Credit: IQ Option)
Key ServicesOnline Trading Platform
Websitehttps://iqoption.com/en
AddressHinds Building, Kingstown, St. Vincent and the Grenadines
Phone+44 20 8068 0760
Emailsupport@iqoption.com

The firm was founded in 2013 and is regulated by the Cyprus Securities and Exchange Commission. They have a website and a mobile app. The IQ Option is a well-known broker that has more than 7,000,000 registered customers. They offer Forex, digital options, binary options, and CFDs.

Client Testimonial:

I think that your verification process is quite complicated. A good thing about it is that your support team is always here to assist.

Gavin Fisher

33. Exness Trader

Exness Trader - Trading Platform Singapore
Exness Trader – Trading Platform Singapore (Credit: Exness Trader)
Key ServicesOnline Trading Platform
Websitehttps://www.exness.com
AddressTrinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI
Phone+357 25 030959
Emailsupport@exness.com

Excelness Trader is an all-in-one trading terminal that works on both iPhone and Android devices. The company’s software allows traders to buy and sell forex, metals, energy, equities, cryptocurrencies, and indices with ease. The software is available in eight languages. The company has a 24/7 customer support team to assist clients with any questions they may have.

Client Testimonial:

Have been trading for 5years now used about 6brokers and for me Exness is the best so far. The app is not so user friendly though and the website always crashing but still offers the best trading experience. i recommend it 100%

HRA Layinka Kasumu

34. AVATRADE

AVATRADE - Trading Platform Singapore
AVATRADE – Trading Platform Singapore (Credit: AVATRADE)
Key ServicesOnline Trading Platform
Websitehttps://www.avatrade.com
AddressFive Lamps Place Dublin, Ireland
Phone+353 76 680 3327
Emailcs@avatrade.com

AvaTrade is a well-regulated broker with a global viewpoint. Clients can be confident in the long-term business plans of the firm, which include establishing physical offices around the world, including at Hansapoint, Singapore. The AvaOptions platform is a proprietary in-house built platform designed to assist clients in maximizing the effectiveness of derivative trading. The broker is a market leader in the field, with a solid position in Vanilla Options.

Client Testimonial:

Fully recommend this broker.

Richard D.

Trading Platform Singapore

After reading this article, you should be able to make a more informed decision when choosing the best trading platform for your needs. The 34 platforms we have listed are tried and tested, so they will give you confidence in knowing that your money is safe. We hope this list has helped you find the best platform for your needs. Which one did we miss? Let us know!

Check out these related articles:

What is a trading platform?

A trading platform is an online software which enables investors to access the financial markets. It provides a way for them to buy and sell stocks, bonds, options, futures, and other securities. A trading platform may also offer other features such as news feeds, charts, and analysis tools. Some platforms are designed for specific types of trading (such as options trading or day trading), while others may be more general purpose. When choosing a platform, it is important to consider what type of trader you are and what features you need.

How to choose a trading platform?

When choosing a trading platform, there are a few things to consider: type of trader, features, fees charged, security and regulation, ease of use of the platform.

What are the best platforms for trading in Singapore?

The best trading platforms in Singapore will depend on the type of trader you are and the features you need. Some platforms may be more suitable for experienced traders, while others may be more suited for beginners. It is also important to consider the brokerage fees charged by the platform and the security and regulation of the platform.

Is trading platform safe?

When choosing a trading platform, it is important to consider the security and regulation of the platform. A platform that is regulated by a financial authority such as the Monetary Authority of Singapore (MAS) or the Securities and Futures Commission (SFC) is more likely to be safe and secure.

What are different types of trading platforms?

There are many different types of trading platforms. Some platforms may be more suitable for experienced traders, while others may be more suited for beginners. It is also important to consider the fees charged by the platform and the security and regulation of the platform.

Do trading platforms offer mutual funds option?

Mutual funds are investment vehicles that allow investors to pool their money together and invest in a variety of assets, such as stocks, bonds, and real estate. Some platforms may offer mutual funds as an investment option, while others may not. It is important to research the mutual funds offered by a platform before investing.

What is a custodian account?

A custodian account is an account held by a financial institution on behalf of another person. The custodian institution is responsible for safeguarding the assets in the account and handling any transactions that occur. Custodian accounts are often used to hold assets such as stocks, bonds, and mutual funds.

How to open a CDP account?

The CDP account offers numerous advantages such as integrated clearing, settlement and depository services for a wide range of products in the Singapore Securities Market. Another benefit is that your securities are held in your CDP account. You must be 18 years old to apply and you will need to have a valid Singapore bank account. The great news is that you can easily open a CDP online by applying now and using MyInfo for quicker application processing times!