A lot of people in Singapore have begun investing in stock trading as a method to enable them to prepare for the future. Both seasoned investors as well as newcomers are now participating in the marketplace with more platforms readily available, as well as much easier access to the markets. With the amount of stock trading platforms out there, how do you begin selecting the best one?
It is crucial to know the tools available to you in case you want to trade stocks in Singapore. Your trading style, objectives, and finances will be the deciding factors in the proper platform. It ought to also make it simple for you to obtain access to the global and local markets in an easy and clear manner.
In this guide, we’re going to be checking out a few of the primary features to watch out for when selecting a stock trading platform in Singapore. This info can help you make a confident decision, whether you’re just starting or are planning to invest much more.
Stock trading means buying and selling shares. It can be done on the Singapore Exchange (SGX) or in overseas markets. To trade, you need a stock trading account and a platform to manage your trades.
Most people use online stock trading platforms today. They help you buy, sell, and track your stocks on your phone or computer.
If you want to start stock trading in Singapore, you will need to choose between a CDP-linked account or a custodian account.
More people in Singapore are turning to stock trading as a way to take charge of their finances. Here’s why this trend is gaining momentum:
As prices climb, keeping money in a savings account no longer helps much. Inflation chews up cash, and low interest rates block savings from growing. So, many people turn to stock trading in Singapore to chase better returns and secure their future.
People no longer walk into banks or ring up brokers to trade. Today, online stock trading is just a few taps away. With a bank account and a smartphone, anyone can unlock a trading account and begin investing.
Young adults and retirees are now stepping into investing. Clear tools, easy access, and low fees pull more people in. Many now search for the best stock trading platforms in Singapore has to offer to fit their goals and needs.
Before picking the best stock trading platform, it’s good to know what fees you might come across. These charges may seem small, but they add up over time and can affect your returns.
To help you get a clear picture, here’s a simple breakdown of the most common fees involved in stock trading in Singapore:
| Fee Type | What It Covers | Who Charges It | Typical Cost |
|---|---|---|---|
| Clearing Fee | Trade processing and clearance | Central Depository (CDP) | 0.0325% of trade value |
| Trading Fee | Singapore Exchange operational costs | Singapore Exchange (SGX) | 0.0075% of trade value |
| Settlement Fee | Finalising and confirming each trade | Singapore Exchange (SGX) | S$0.35 per trade (or foreign currency equivalent) |
| Brokerage Fee | The platform’s service for placing your trades | Stock Brokerage | Varies (flat fee or % per trade) |
| Goods & Services Tax (GST) | Tax on all trading-related fees | Singapore Government | 9% of total service fees |
It is crucial to understand the features provided by the different stock trading platforms in Singapore before you’re prepared to pick one for your trading. Here are 6 of the most trusted and popular investment platforms, each providing investors with various levels of access to worldwide programs in addition to minimal fees.
Interactive Brokers is a globally recognised platform that offers access to more than 150 markets in over 150 countries. It is highly liked by knowledgeable traders as well as institutions due to its extremely low commissions, trading tools, and strong risk management features. Using its advanced analytics as well as real-time data, Singapore investors get access to both international and local stocks. It is perfect for serious traders searching for depth and accuracy, with features including algorithmic trading as well as multi-currency accounts.
| Website | interactivebrokers.com.sg |
| Contact | +65 6990 5690 / help@interactivebrokers.com |
| Rating | (5/5) |
Saxo Markets is a complete trading experience for investors seeking access to the global marketplace as well as the tools necessary to carry out their trading. Saxo offers over 60,000 financial instruments, including stocks, ETFs, FX, and commodities, and is thus appealing to both active traders as well as long-term investors. Its platform provides thorough market information, risk analysis tools, and customised charting. Even though Saxo charges larger fees when compared with others, its value is determined by the quality of its technology, openness, and wide asset selection.
| Website | saxo |
| Contact | +65 6303 7800 / sg-en@saxomarkets.com |
| Rating | (4.5/5) |
Moomoo is a rising favourite among retail investors in Singapore, especially beginners and cost-conscious traders. With commission-free trading on stocks and competitive rates on SGX, it’s a platform packed with features. Moomoo provides real-time market data, advanced charting, financial reports, and educational resources—all within a user-friendly mobile app. It’s ideal for investors seeking global market exposure with minimal costs while still having access to essential tools and data.
| Website | moomoo.com/sg |
| Contact | +65 6321 8888 / clientservice@moomoo.com |
| Rating | (4.5/5) |
Webull is known for its sleek interface, zero-commission trades, and deep analytical tools. Popular among tech-savvy investors. Users can access advanced charts, real-time quotes, and market news all in one app. It supports extended-hours trading and offers fractional shares. While not yet connected to SGX, it’s a solid choice for Singaporeans interested in the stock markets with a modern platform.
| Website | webull.com.sg |
| Contact | support@webull.com.sg |
| Rating | (4.3/5) |
eToro just recently expanded into Singapore with a Capital Markets Services (CMS) license, providing local traders with a social trading platform that is both community-driven and user-friendly. eToro supports crypto, CFDs, and ETFs trading. eToro is the ideal starting point for those wanting to learn by observation, as it combines simplicity of use with access to global markets and alternative asset classes.
| Website | etoro.com |
| Contact | support@etoro.com |
| Rating | (4.0/5) |
Tastytrade is designed for active traders with a focus on options and derivatives. It offers powerful tools, customisable strategies, and live market education hosted by financial experts. The platform stands out for its educational content, low-cost options trading, and unique order types that are tailored for high-frequency and strategic traders.
| Website | tastytrade.com |
| Contact | support@tastytrade.com |
| Rating | (3.7/5) |
Stock trading platforms aren’t all of the same type. Some are ideal for novices, while others tend to be more sophisticated and therefore are ideal for traders. Below are a few suggestions on what to look for:
Some platforms link to your CDP account. Others use a custodian model. Both have pros and cons.
Pick what suits your trading style and your long-term goals.
Fees can take away some of your money. Look out for these:
The best trading platform for you is the one that balances low cost with the features you need.
Do you only want to trade Singapore stocks?
The better stock trading platforms let you trade both local and global markets. Make sure the platform gives you the reach you want.
A simple layout can make your trading experience better. If the platform is hard to use, you might make mistakes.
Before choosing, try a demo or watch a few videos to see how the platform works.
Some platforms give you:
If you are just starting, these can help. Even if you are more advanced, good tools make trading smoother.
Choosing the best stock trading platform Singapore offers can shape your trading journey in a better way. Here’s how a strong platform helps:
A good platform lets you check your trades, grow your portfolio, and change plans when needed. You guide your money and know where it goes.
Many platforms open doors to both Singapore and overseas markets. This gives you more chances to grow your money.
With the right platform, you spot all charges early. You stop surprise fees from shrinking your returns.
Strong support teams answer your questions fast. They fix issues so you can keep trading.
A great platform builds your skills and helps you feel ready to invest smartly.
Starting stock trading in Singapore may feel big, but using a few smart tips can help you begin strong.
Use small amounts first. Learn slowly and protect your savings.
Pick safe, known companies. Skip stocks that jump up and down too fast.
Trends change fast. Use your own thinking. Learn and plan.
Tap and scroll through your stock trading platform. Try the tools and practise placing trades.
Write down your trades. Look back later. Learn what works and what doesn’t.
With time and smart steps, you grow braver and wiser with your choices.
Choosing the best stock trading platform in Singapore may seem tough at first. But once you learn what to check, like fees, tools, and markets so you can compare platforms with ease.
A solid platform makes stock trading easy, clear, and safe. It also teaches you as you go. Whether you trade once a month or every week, the platform should fit your plan.
Try a few, ask smart questions, and read what others share. The right one gives you tools, learning, and the confidence to keep going. When you take care, stock trading in Singapore becomes a smart step toward building your future.
At Top in Singapore, you’ll find expert-curated lists of the best services, products, and local businesses. Whether you’re exploring finance, lifestyle, or everyday needs, they help you choose with confidence across Singapore.
Stay connected and receive updates directly in your inbox
Showcasing Singapore's top companies for quality services and trusted brands. Get listed with us!