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8 “Best” Singapore Stock Brokers (April 2024)

Updated on is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review.  Please view our affiliate disclosure. Trading involves risk, which may result in the loss of capital.

All around the world, there is now a wide range of stock brokers offering great trading conditions with the lowest possible fees and commissions. This leaves you with a decision to make when selecting the best stock broker for yourself based on your trading location.

Here, we take a look at the best Singapore stock brokers you will find available if this is where you are based. At the same time, we will also review a few important points you should consider when making your broker choice in the first instance.

Factors to Consider Before Trading

Each of the brokers we have selected is among the best available for stock trading in Singapore. With that said, there are still a number of factors you should know and think about to allow you to make the best choice based on your own trading needs.

Broker Fees and Commissions: Stock brokers are increasingly moving toward offering low fee, and commission-free trading. This can have a major effect on your overall trading costs and is something to consider as a priority when making your choice.

Trading Platforms and Usability: There are several top trading platforms with great features available. You will want to make sure the available features and overall user-experience with a broker match both what you need, and your level of experience in trading.

Trust and Security: A huge area of priority. Nothing is more important than the safety of your funds. To this end, it is imperative that you choose a broker with a strong reputation and positive history in the industry. This is something we have also tried to ensure when choosing our top brokers.

1. Interactive Brokers

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Interactive Brokers offers Singapore investors an expansive gateway to various global financial markets.  Renowned for its comprehensive trading options, the platform caters to novice and experienced investors/traders, presenting an extensive portfolio that includes stocks, ETFs, bonds, options, futures, forex, and cryptocurrencies.

Singapore traders looking to diversify their investment strategies will find Interactive Brokers an invaluable partner, thanks to its access to over 150 markets worldwide.  This includes premier financial centers such as New York, London, Tokyo, and Hong Kong, allowing traders to capitalize on global opportunities, day or night.

Interactive Brokers is known for boasting impressive liquidity across a cost-effective trading environment.  This is particularly advantageous for Singapore investors seeking efficient, low-cost trading options.  The platform's cutting-edge trading technologies and tools offer advanced charting capabilities, real-time market data, and comprehensive analytical resources to support informed trading decisions.

For those interested in stock trading, Interactive Brokers has the ability to invest in an extensive selection of over 40,000 stocks.

Moreover, the platform's wide range of ETFs, exceeding 8,300, enables investors to swiftly and economically diversify their portfolios.  By investing in ETFs that track various indices and sectors, Singapore traders can easily spread their investment across different market segments, enhancing their portfolio's potential for growth while managing risk.

Based in the United States and adhering to the strict regulations of NYSE, FINRA, and SIPC, Interactive Brokers assures a high degree of investor protection and credibility.  This regulatory framework establishes a secure and reliable trading environment, making Interactive Brokers a trusted choice for Singapore investors navigating the global financial markets.

Interactive Brokers is part of the Singapore market under the name ‘Interactive Broker Singapore Ltd.’  It is regulated by the Monetary Authority of Singapore (MAS) as a Capital Markets Services Licensee.

2. Moomoo

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Moomoo is a trading platform that enables the trading of stocks in SG, US, and UK markets. Investment products and services on moomoo are offered by Futu Singapore Pte. Ltd. and they are regulated by the Monetary Authority of Singapore (MAS) with the license number CMS101000.

They offer a wide assortment of trading options including US stocks, HK stocks, SG stocks, U.S. stock options, Futures, ADRs, Exchange Traded Fund (ETFs) and REITs. More financial products are coming soon.

They offer free level 2 market data, this enables investors to access real-time bids and asks to execute trades more accurately.  They also offer 24/7 news to allow investors to easily access detailed analysis of stocks and price fluctuations.

To learn more read our Moomoo Review or visit Moomoo.

3. Saxobank

Stock traders will be pleased as they offer the opportunity to invest in over 23,500 stocks from major exchanges in Singapore, London, New York, Hong Kong, and 50+ other global markets. Notably, they have also recently lowered their currency conversion cost to 0.25% and minimum commission on US stocks to US 1.

Another option is simply buying some of the offered ETFs, as they are a cost-effective and fast way to diversify your portfolio by investing in a basket of stocks that tracks a specific market index or sector.

Saxo Markets is located in the heart of Singapore: 88 Market Street, CapitaSpring #31-01, Singapore 048948.

Saxo Capital Markets Pte Ltd (‘Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark.

Warning: Losses can exceed deposits on margin products. Please ensure you understand the risks.

4.  WeBull

Incorporated in 2021, Webull Securities (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) Licence under the Securities and Futures Act 2001.

WeBull is our most recommended stock broker for residents of Singapore. Powerful and intuitive charting tools on the Webull App allow investors to tap into a diverse range of investment opportunities. including Hong Kong & USA stocks & ETFs.

Key features include trading on a wide range of stocks & ETFs, free real-time quotes, full extended hours trading and 24/7 in-app help center.

To learn more read our Webull Review or visit Webull

5. FSMOne

With a huge number of years of experience in the industry, FSMOne is one of the most trusted stock brokers in Singapore and other Asian countries. They have been in operation since the year 2000 and remain very competitive on fees and trading costs as well as continuing to evolve into a very easy-to-use, modern online stockbroker.

With more than 20-years of experience, you will find a broker that is very well-regulated and highly compliant with all local regulations and with largely positive trader feedback. Within the broker, multiple account types are available from a personal to a premium level for advanced traders and to suit all needs. A number of status levels also exist within an excellent reward program that can help you reduce trading costs and unlock a host of benefits.

In all, you will find thousands of assets from local and international markets including the US to be traded. This includes thousands of funds, bonds, and stocks for your selection.

Head directly to the FSMOne website to learn more and open your account now.


CGS-CIMB is a very well-known financial company and broker that offers services across a number of markets and has been doing so since 2005. They offer forex trading as well as equities trading where you can access hundreds of assets across Singapore and 9 other major countries worldwide through their proprietary trading platform.

The broker firstly provides a wonderful infrastructure for you to trade within that is extremely secure and regulated by MAS in Singapore to provide the highest quality of safety standards. You will find several account types available including their cash upfront account, or a margin trading account with some very unique features for you to trade in more than 800 stocks, ETFs, Bonds, and other assets.

Added to this, CGS-CIMB provides excellent trading platforms in the shape of MT4, and their own proprietary trading platform iTrade which offers more than 70 unique features and tools. The broker is also backed by an excellent research and education section that can allow you both to develop quickly and gain valuable insight no matter your level of trading experience.

Feel free to visit CGS-CIMB directly if you are a Singapore-based trader to get started.


POEMS is the trading section of PhillipCapital and one of the longest standing trading platforms and brokerages in Singapore has been around in one form or another since 1975. Through this experience, you can be sure of a well-regulated and highly trusted experience with many hundreds of assets available for trading across a broad range of markets.

You will find stocks, bonds, ETFs, futures, options, CFDs, warrants, and many more instruments available to be traded on exchanges not only in Singapore but around the world. The broker offers one of the broadest ranges of asset collections in the industry if you are a stock trader in Singapore.

Additionally the usability of the proprietary platforms offered is superb with the Poems 2.0 trading platform being available both on desktop and mobile to facilitate a very intuitive, user-friendly trading experience that can suit beginners all the way through to expert traders.

For more details, you can visit the Poems website directly to sign up and begin trading today.


iOCBC is the securities trading arm of the longest established bank in Singapore, OCBC Bank. They have been around since 1986 and this trusted history lends very positively to the trading experience and security you can expect when stock trading through this broker.

The broker provides excellent Direct Market Access to a total of 15 stock markets in Singapore and around the world ensuring you can trade in hundreds of assets of varying types. This means stocks, ETFs, bonds, funds, warrants, and more can all be traded with the availability of leverage and trading on margin also.

One of the real positive points for those trading with iOCBC and in particular more advanced traders is the depth of research they provide with a wide range of analysis and daily market reports always made available. They also cater well for new investors through their specifically dedicated Young Investor Program that offers a host of benefits including cash rebates of up to $500.

For more information on this broker or to get started, you can check out the iOCBC website.

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world. A keen trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.