The Best Online Broker in Singapore
Interactive Brokers is 80%+ cheaper than others in most markets and has the best tools and data. It is the best Broker for most people in Singapore.
moolahgeeks is no longer being updated. Our recommendations may be outdated and should not be relied upon. Learn more
We have found the best Online Broker for you, whether you are an active trader or a buy & hold investor, whether you are buying ETFs in US or single stocks in Indonesia.
Interactive Brokers is 80%+ cheaper than others in most markets and has the best tools and data. It is the best Broker for most people in Singapore.
A study shows IBKR has high trade execution costs for US Stocks. Its still cheaper than most other brokers for US and has the best data & tools. Its still the best broker in Singapore.
Webull offers true 0 commission trading (0 platform fee too) but has high spreads to convert FX. The App is very similar to moomoo / Tiger with less gamification.
The "Zero Commission" offers for US stock by moomoo & Tiger cut effective commissions by 7-25% but do not touch FX spread which accounts for 80% of the all-in trading cost. Our pick, IB, is still cheaper by upto 90%.
Tiger Brokers has a full-featured gamified trading app but charges high FX conversion spreads.
Interactive Brokers allows you to create a DIY Robo-Advisor, saving hundreds of dollars a year, but has some risks and requires discipline in investing.
Syfe Trade app offers a simple UI to trade US stocks but has limited tools and a high FX spread.
moomoo has a well-designed gamified trading app but charges high FX conversion spreads.
Saxo's trading platforms are the most modern and user-friendly but their commissions are relatively high.
POEMS is the best broker for trading smaller markets like Indonesia and Malaysia but is expensive for bigger markets.