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Looking to invest in stocks in Singapore? Can't decide between a cash account or margin account, a commission-free account or a no platform fee account? Whether you are a beginner learning to invest or a seasoned expert in trading, we’ve compiled the best online brokerages available in Singapore for you.
Moomoo's trading platform app comes in both desktop (for Windows and Mac OS) and mobile versions, and are available on the Apple App Store and Google Play store. Moomoo's trading apps are licensed by the Monetary Authority of Singapore.
Moomoo is an online trading platform that allows you to trade across SG, HK, and US markets, offers low commission fees, and attractive sign-up promotions such as free AAPL and Twitter shares, and unlimited commission-free trades.
|Sign Up Promotion||Receive||Expires On|
|Open An Account||180 days of unlimited commission-free trades for US, HK, and SG stock markets||–|
|Open An Account||Free access to Level 2 Market Data for US stock market||–|
|Open An Account||Free access to Level 1 Market Data for SG stock market||–|
|Deposit At Least S$2,700||1 AAPL stock share (receive within 5 business days)||31st May 2021 (3pm Singapore time)|
|Deposit At Least S$2,700||Free OPRA Option real-time quotes for US market||31st May 2021 (3pm Singapore time)|
|One Successful Referral (With S$2,700 Deposit)||1 free Twitter (TWTR) share||31st May 2021 (3pm Singapore time)|
|One Successful Referral (With S$2,700 Deposit)||Additional 30 days commission-free trades for US, HK and SG stock markets||31st May 2021 (3pm Singapore time)|
|Transfer Your US, HK Positions or Shares To Moomoo||Redeem 1 S$50 cash coupon (only can redeem once)||17th May 2021 (00:00 hours, Singapore time)|
|Moomoo||Moomoo allows you to access US, HK, SG markets and enjoy unlimited commission-free trades for 180 days after you sign up – after which, commission fees such as US$0.0049 per share (with a minimum of US$0.99 per order of US stocks and ETFs) will come into play. Moomoo is also known for the free 1 AAPL share that you receive upon deposit (of at least S$2,700).|
|Tiger Trade||Tiger Trade by Tiger Brokers doesn't charge any miscellaneous fees such as custody, deposit, withdrawal, currency exchange fees, and inactivity fees – which is great if you are not the best at tracking the endless list of fees. However, you will have to pay commission fees per trade.|
|Saxo||At Saxo, you'll have access to a variety of trading products such as stocks, ETFs, bonds, commodities, options, futures, funds, FX and CFDs. However, there are commission fees at 0.08% for SGX stocks etc. The entry-level Classic account comes with S$3,000 minimum funding.|
To reach the FUTU Moomoo customer service hotline, dial 6439 1100 on weekdays from 9am to 6pm.
In a nutshell, Moomoo is an online trading platform founded by the Tencent-backed FUTU Holdings Limited. Moomoo's Singapore desktop and mobile tradng platform apps allow you to trade on Singapore, Hong Kong, and US markets. Moomoo is best known for its attractive sign-up promotions such as 1 free AAPL share, Twitter shares, and unlimited commission-free trades after you open an account and make a deposit above S$2,700. Finally, Moomoo offers low commission fees, and doesn't charge deposit or withdrawal fees.