Why Trust MoneySmart?For many investors in Singapore, moomoo often stands out as the better pick thanks to its lifetime zero commission for US stock trades, beginner-friendly mobile app, and an impressive lineup of educational and analytical tools.
Tiger Brokers, however, is a strong competitor, offering broader access to global markets—including Australia and China A-shares—and fractional share trading for US stocks.
The best online trading platform for you will depend on your trading frequency, preferred markets, and investment style. Both platforms are regulated by the Monetary Authority of Singapore (MAS), giving investors crucial peace of mind and protection.
Comparison of moomoo and Tiger Brokers
Feature | moomoo | Tiger Brokers |
Fees (US Stocks) | Lifetime commission-free, US$0.99 platform fee per order | US$0.005/share (min US$0.99) commission, US$0.005/share (min US$1) platform fee, both capped at 0.5% of order value |
Fees (SG Stocks) | 1 year commission-free; then 0.03% per trade, min S$0.99 | 0.06% of trade value, min S$1.99 |
Markets | US, Hong Kong, Singapore, Japan, China A-shares | US, Hong Kong, Singapore, China A-shares, Australia |
Products | Stocks, ETFs, options, futures, bonds, REITs, funds, crypto, FX, CFDs | Stocks, ETFs, options, futures, bonds, REITs, funds, FX, commodities |
Fractional Shares | Yes, for US stocks | Yes, for US stocks |
User Experience | Highly rated, intuitive mobile app; active community and educational hub | Customisable mobile, desktop, and web platforms; may feel more robust/complex to beginners |
Analytical Tools | Free Level II US data, 60+ technical indicators, community trades, alerts | Good charting and data, TigerGPT AI insights, support for advanced options strategies |
Promotions | Up to S$800 cash or 1,820 SmartPoints (MoneySmart exclusive), occasional welcome vouchers and free shares | S$120 cash or Apple AirPods 4 (MoneySmart exclusive), up to S$1,000 rewards, real-time quotes |
Web Platform | Mobile app only (no web trading) | Mobile app, desktop and web trading available |
*All fees, features, and promotions are accurate as of time of publishing. Always check the provider's website or MoneySmart investments for updates and new deals.
Who should choose moomoo?
Beginner investors: moomoo’s intuitive interface, abundance of educational resources, and active user community make it an excellent starting point for new traders
US stock traders (especially frequent or high volume): The lifetime US$0 commission and flat US$0.99 platform fee benefit those making larger or frequent US trades
Technical traders: Advanced charting, 60+ technical indicators, and free Level II US market data (with limited-time access to Level II SG data) make moomoo a strong pick for those who rely on technical analysis
Low minimums: No minimum deposit, so you can start investing with any amount
Who should choose Tiger Brokers?
Diversified global investors: Tiger Brokers offers direct access to Australia and diverse international markets, making it a fit for those who want to invest across regions
Fractional US share trading: Both support this, but Tiger Brokers’ fee structure and frequent promotions can be appealing for investors starting with smaller capital
Web/desktop trading: If you prefer trading on a web or desktop platform, Tiger Brokers caters to you with robust options beyond mobile
Advanced product range: Offers commodities, advanced options trading, and more asset class diversity
Final takeaway
Both Moomoo and Tiger Brokers are leading, low-cost online brokerage options in Singapore—well suited to both new and experienced investors.
Moomoo is particularly strong for US stock trading, thanks to commission-free trades and a powerful, easy-to-use app for beginners.
Tiger Brokers appeals for its wider market access, including Australian markets, along with its desktop/web trading support and regular sign-up rewards.
The best broker for you depends on your trading habits, the markets you want, and your learning style. Whichever you choose, MAS licensing ensures both platforms operate under strict regulatory oversight, keeping your investments safe.
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