Saxo is known for their relatively lower fees such as 0.03% commission per trade, and no custody fees for Singapore stocks. With no minimum funding. Saxo is a good online brokerage if you’re looking to trade on SGX regularly.
Min. Commission Fee US Stocks
Stock Holding Type
Min. Funding
MoneySmart Exclusive

[MoneySmart Exclusive]
Get S$288 via PayNow when you open, fund and trade* within 14 days of account opening with Saxo. T&Cs apply.
[Saxo Promotion]
• Get a free upgrade to trade with our Platinum prices. Learn more
 Plus, get an additional S$750 when you refer a friend. T&Cs apply.

Valid until 26 Jun 2024 - See more details below

Are you eligible?

    • MoneySmart Exclusive: Promotion is valid from 01-June-2024 to 26-June-2024

    • Saxo Client Referral Promotion: Promotion is valid from 01-April-2024 to 30-June-2024

    • Customers need to sign up for a new Saxo account through MoneySmart to be eligible

    • Promotion is applicable for New Users only

    • Customers need to submit the MoneySmart Claim Form by 26th June 2024 to be eligible

What you need to know

  1. [MoneySmart Exclusive]
    a. Make a single initial deposit of min. S$3,000 (funds must be made within one deposit and maintained for at least 30 days) and execute 3 trades within 14 days of account opening to receive:
         i. S$288 Cash via PayNow

  2. *Cash Redemption will be sent within 6 to 8 weeks from 30th June 2024

  3. [Saxo Promotion]
    - Get a free upgrade to trade with our Platinum prices. Find out more here.

  4. - Get an additional S$750 when you refer a friend. T&Cs apply. Find out more here.

Claim Form

Quick Facts

Trading Products

Stocks, ETFs, bonds, commodities, options, futures, funds, FX and CFDs

Minimum Commission Fee

Minimum S$3 for SG stocks, minimum US$1 for US stocks

Minimum Funding Amount


Stock Holding Type


Trading Platforms

SaxoInvestor, SaxoTraderGO, SaxoTraderPRO

Payment Methods

electronic Direct Debit Authorisation (eDDA) / eGIRO, FAST, PayNow, MEPS, internet bank transfer or credit/debit card

All Details

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