The 20 Best Brokerage Accounts in Singapore
As individuals seek to maximize their investment returns, finding the right brokerage account in Singapore is crucial. With numerous options available, it can be overwhelming to decide which account best suits one's needs.
Before making a decision, it is important to consider factors such as fees, account minimums, trading platforms, research tools, and customer service. By comparing the various features offered by different brokerage accounts, investors can make an informed choice that aligns with their investment goals.
- Low commission fees
- User-friendly trading platform
- Diverse range of investment products
- Responsive customer service
- Advanced research tools
Explore the list below to find the top brokerage accounts in Singapore and start your journey towards building a successful investment portfolio.
- 1. CapitaSafe (Resale Insurance/Resale Endowment Policy Brokerage Company)
- 2. Moomoo Financial Singapore Pte. Ltd.
- 3. MoneySmart Singapore
- 4. Joey Choy
- 5. uSMART Securities (Singapore) Pte Ltd
- 6. Maybank Securities
- 7. Ministry of Investments
- 8. Tiger Brokers (Singapore) Pte Ltd
- 9. Syfe
- 10. Saxo Markets Singapore
- 11. KGI Securities (Singapore) Pte. Ltd.
- 12. Webull Securities (Singapore) Pte Ltd
- 13. UOB Kay Hian
- 14. CGS International Securities Singapore Pte. Ltd
- 15. Lim & Tan Securities Pte Ltd
- 16. OCBC Securities
- 17. Interactive Brokers Singapore Pte. Ltd.
- 18. Sg Securities (Singapore) Pte Ltd
- 19. SingaporeHumbleStock - Kelwin & Roy
- 20. Corporate Brokers International Pte. Ltd.
- Monday: Open 24 hours
- Tuesday: Open 24 hours
- Wednesday: Open 24 hours
- Thursday: Open 24 hours
- Friday: Open 24 hours
- Saturday: Open 24 hours
- Sunday: Open 24 hours
1. CapitaSafe (Resale Insurance/Resale Endowment Policy Brokerage Company)
Information and Reviews
Customers have shared glowing reviews about their experience with CapitaSafe:
- Quick and efficient process, offering higher value than other brokers.
- Excellent and hassle-free services provided by the team.
- Knowledgeable and polite staff, making the selling process smooth.
- Highly experienced and familiar team members, providing a great overall experience.
If you are looking to sell your policy or explore insurance options, CapitaSafe comes highly recommended by satisfied customers. Trust them to provide you with top-notch service and valuable assistance.
- Monday: 9 AM–6 PM
- Tuesday: 9 AM–6 PM
- Wednesday: 9 AM–6 PM
- Thursday: 9 AM–6 PM
- Friday: 9 AM–6 PM
- Saturday: Closed
- Sunday: Closed
2. Moomoo Financial Singapore Pte. Ltd.
Information and Reviews
- Customers find the app easy to use, even for beginners.
- The community chats are engaging and educational.
- Many users appreciate the informative news and ratings provided.
- The platform offers a wide range of investment options for all levels of investors.
With 568 reviews and a 4.6-star rating, Moomoo Financial Singapore Pte. Ltd. is highly recommended by satisfied customers. Get started today and experience the benefits of this innovative financial platform!
- Monday: 10 AM–7 PM
- Tuesday: 10 AM–7 PM
- Wednesday: 10 AM–7 PM
- Thursday: 10 AM–7 PM
- Friday: 10 AM–7 PM
- Saturday: Closed
- Sunday: Closed
3. MoneySmart Singapore
Information and Reviews
- Customers appreciate the prompt responses from the customer service team, ensuring a good overall experience with MoneySmart Singapore.
- Many customers find the website easy to use and informative, with straightforward processes for claims and excellent customer support.
- Some customers highlight the quick processing of rewards and credits, especially when choosing the Smartpoints option for faster rewards redemption.
- However, a few customers have mentioned the need to carefully read terms and conditions regarding reward claims, emphasizing the importance of understanding the process fully.
- Monday: 8:30 AM–5 PM
- Tuesday: 8:30 AM–5 PM
- Wednesday: 8:30 AM–5 PM
- Thursday: 8:30 AM–5 PM
- Friday: 8:30 AM–5 PM
- Saturday: Closed
- Sunday: Closed
4. Joey Choy
Information and Reviews
Customer reviews highlight the professionalism and knowledge of Joey and his team. Some key points from the reviews include:
- Deeply inspired by Joey's clear and concise lessons, eager to put newfound knowledge into practice.
- Knowledgeable and professional team that provides excellent advice and support.
- Helpful insights and analysis on stock market trends and individual stocks.
- Consistent daily market updates and tips to make informed investment decisions.
If you are looking for expert advice and personalized service in the stock market, Joey Choy and his team come highly recommended by satisfied customers.
- Monday: Closed
- Tuesday: 8:30 AM–6 PM
- Wednesday: 8:30 AM–6 PM
- Thursday: 8:30 AM–6 PM
- Friday: 8:30 AM–6 PM
- Saturday: Closed
- Sunday: 9 AM–5 PM
5. uSMART Securities (Singapore) Pte Ltd
Information and Reviews
- Easy-to-use interface and helpful stock tips
- Expert guidance for new investors
- Real-time data access and user-friendly trading platform
The team at uSMART Securities is dedicated to providing a seamless and efficient trading experience for all clients. So, whether you're a seasoned investor or just starting out in the stock market world, uSMART Securities has got you covered.
- Monday: Closed
- Tuesday: 9 AM–6 PM
- Wednesday: 9 AM–6 PM
- Thursday: 9 AM–6 PM
- Friday: 9 AM–6 PM
- Saturday: Closed
- Sunday: Closed
6. Maybank Securities
Information and Reviews
- Knowledgeable and helpful staff
- Informative and insightful events organized by Maybank Securities
- Engaging seminars with updated and relevant content for stock investors
- Customers appreciate the market outlook and Feng Shui talks provided by Maybank Securities
With a strong focus on accessibility, including wheelchair-accessible car park and entrance, Maybank Securities strives to cater to the diverse needs of its clientele. Experience top-notch financial services and enriching events with Maybank Securities.
- Monday: 9 AM–5 PM
- Tuesday: 9 AM–5 PM
- Wednesday: 9 AM–5 PM
- Thursday: 9 AM–5 PM
- Friday: 9 AM–5 PM
- Saturday: Closed
- Sunday: Closed
7. Ministry of Investments
Information and Reviews
Customer reviews rave about the invaluable assistance they received from Ministry of Investments. Here are some key points from their reviews:
- Guided as a student to understand the financial world better.
- Excellent site for an overview of the world of investments.
- Best Stock Broker !!
- Good !!
With a perfect Rating of 5.0, Ministry of Investments stands out as a reliable and trustworthy option for individuals seeking expert advice on their investment journey. Let Ministry of Investments be your partner in financial success.
- Monday: Open 24 hours
- Tuesday: Open 24 hours
- Wednesday: Open 24 hours
- Thursday: Open 24 hours
- Friday: Open 24 hours
- Saturday: Closed
- Sunday: Closed
8. Tiger Brokers (Singapore) Pte Ltd
Information and Reviews
- Tiger Brokers offers a user-friendly platform for seamless investing with small capital.
- Customers praise the efficient customer service and smooth app experience.
- The intuitive platform, competitive fees, and fast execution speed are highlighted as major strengths.
- The informative market analysis tools have been invaluable for making informed decisions.
If you are looking for a reliable and convenient online brokerage service in Singapore, Tiger Brokers comes highly recommended by its satisfied clients.
- Monday: Open 24 hours
- Tuesday: Open 24 hours
- Wednesday: Open 24 hours
- Thursday: Open 24 hours
- Friday: Open 24 hours
- Saturday: Open 24 hours
- Sunday: Open 24 hours
9. Syfe
Information and Reviews
- Simple, intuitive, and easy-to-use platform
- Excellent support team for product and trade support
- Speedy and efficient customer service
- Highly responsive support team available even on weekends
- Monday: 8:30 AM–5:30 PM
- Tuesday: 8:30 AM–5:30 PM
- Wednesday: 8:30 AM–5:30 PM
- Thursday: 8:30 AM–5:30 PM
- Friday: 8:30 AM–5:30 PM
- Saturday: Closed
- Sunday: Closed
10. Saxo Markets Singapore
Information and Reviews
Customer reviews highlight a few key points:
- Users appreciate the control they have over their accounts, with easy transfers and regular updates.
- Some customers mention issues with notifications and account security, urging for improvements in these areas.
- There are concerns about delays in fund withdrawals and lack of communication regarding account closure procedures.
- Overall, customers praise the platform for its functionality and express gratitude for the support received in resolving issues.
Despite some challenges mentioned in the reviews, Saxo Markets Singapore continues to serve its customers with dedication and a commitment to providing a positive trading experience.
- Monday: 9 AM–6 PM
- Tuesday: 9 AM–6 PM
- Wednesday: 9 AM–6 PM
- Thursday: 9 AM–6 PM
- Friday: 9 AM–6 PM
- Saturday: Closed
- Sunday: Closed
11. KGI Securities (Singapore) Pte. Ltd.
Information and Reviews
Their customers have given them a rating of 4.4 out of 5, highlighting their exceptional service and expertise. Here are some key points from customer reviews:
- Well done with Eagle Hospitality Trust, onwards to EC world REIT, support China!
- Excellent service and guidance in the investment process.
- Highly recommend for anyone looking for trustworthy investment advice.
If you are looking for a reliable and knowledgeable investment service, KGI Securities (Singapore) Pte. Ltd. is the go-to choice for all your financial needs. Visit their website or contact them today to learn more about their services.
- Monday: 9 AM–5 PM
- Tuesday: 9 AM–5 PM
- Wednesday: 9 AM–5 PM
- Thursday: 9 AM–5 PM
- Friday: 9 AM–5 PM
- Saturday: Closed
- Sunday: Closed
12. Webull Securities (Singapore) Pte Ltd
Information and Reviews
Customer reviews highlight some key points about Webull Securities:
- Very disappointed with confusing promotion terms, hope for simpler promotions.
- Lack of responsiveness in addressing bugs and customer inquiries.
- Positive feedback on prompt resolution of issues by customer service.
- High rewards advertised were perceived as misleading by some customers.
With a rating of 4.0, Webull Securities (Singapore) Pte Ltd continues to be a trusted partner for investors seeking reliable and efficient investment services.
- Monday: 8:30 AM–5:30 PM
- Tuesday: 8:30 AM–5:30 PM
- Wednesday: 8:30 AM–5:30 PM
- Thursday: 8:30 AM–5:30 PM
- Friday: 8:30 AM–5:30 PM
- Saturday: Closed
- Sunday: Closed
13. UOB Kay Hian
Information and Reviews
- Friendly and responsive counter staff
- Convenient location near public transportation
- Engaging environment with a cafe and meeting rooms
Customers have praised their attentive customer service and knowledgeable staff. One reviewer mentioned the easy drive-in and free parking facilities, while another highlighted the helpful assistance received from the staff.
Overall, UOB Kay Hian has received positive feedback for their services, making them a trusted choice for those looking to navigate the complexities of the stock market.
- Monday: 8:30 AM–5:30 PM
- Tuesday: 8:30 AM–5:30 PM
- Wednesday: 8:30 AM–5:30 PM
- Thursday: 8:30 AM–5:30 PM
- Friday: 8:30 AM–5:30 PM
- Saturday: Closed
- Sunday: Closed
14. CGS International Securities Singapore Pte. Ltd
Information and Reviews
The firm offers a wide range of financial services, including trading platforms, wealth robo advisor platforms, and investment education. Customers have praised the customer service provided by CGS International Securities Singapore, noting the professionalism and helpfulness of the staff.
Here are some key points from customer reviews:
- Professionalism and caring attitude of staff
- Good educational resources for trading clients
- Great insights for investments
- Issues with customer service hotline
If you are looking for a reliable financial institution with a focus on customer service and investment education, CGS International Securities Singapore Pte. Ltd is worth considering. Visit their website at https://www.cgsi.com.sg/ or contact them at +65 6538 9889 for more information.
- Monday: 8:30 AM–5:30 PM
- Tuesday: 8:30 AM–5:30 PM
- Wednesday: 8:30 AM–5:30 PM
- Thursday: 8:30 AM–5:30 PM
- Friday: 8:30 AM–5:30 PM
- Saturday: Closed
- Sunday: Closed
15. Lim & Tan Securities Pte Ltd
Information and Reviews
With a total of 19 reviews and an average rating of 2.9 stars, customers have shared valuable feedback. Here are some key points from their reviews:
- The platform's inability to display accurate portfolio holdings was highlighted, leading to frustration among customers.
- There were issues with the online trading system not providing essential information, such as total due amounts after handling fees.
- Some customers found the staff to be unhelpful and even described them as arrogant, impacting their overall experience with the company.
- However, positive reviews mentioned that individuals like Julian are knowledgeable and provide friendly service to customers.
Overall, Lim & Tan Securities Pte Ltd strives to offer reliable stock brokerage services, with a focus on improving customer experiences and addressing any concerns to enhance client satisfaction. Their commitment to accessibility and customer service sets them apart in the industry.
- Monday: 8:30 AM–5:30 PM
- Tuesday: 8:30 AM–5:30 PM
- Wednesday: 8:30 AM–5:30 PM
- Thursday: 8:30 AM–5:30 PM
- Friday: 8:30 AM–5:30 PM
- Saturday: Closed
- Sunday: Closed
16. OCBC Securities
Information and Reviews
- Long wait times for account opening and lack of responsiveness from representatives
- Issues with order execution and high commission fees
- Poor customer service and unmet promises for follow-up
- Positive feedback on specific representatives such as Alicia Ng and Lynda Liu
Despite some challenges, OCBC Securities remains a popular choice for those seeking investment services in the region.
17. Interactive Brokers Singapore Pte. Ltd.
Information and Reviews
- Professional and helpful staff guiding through account setup process
- Troubles with fund deposit processing and unresponsive customer service
- Periodic system downtimes affecting trading and lack of proactive communication
- Issues with account access and confusing setup processes
Despite the mixed reviews, customers appreciate the comprehensive offerings and value for money that Interactive Brokers Singapore provides. If you are looking for a diverse range of investment options, Interactive Brokers Singapore Pte. Ltd. may be worth considering.
18. Sg Securities (Singapore) Pte Ltd
Information and Reviews
Customers have praised Sg Securities (Singapore) Pte Ltd for their professionalism, attention to detail, and personalized approach to financial planning. Here are some key points from their reviews:
- Excellent customer service and responsiveness
- Knowledgeable and experienced team of advisors
- Transparent and reliable investment strategies
Whether you are a seasoned investor or just starting out, Sg Securities (Singapore) Pte Ltd is committed to helping you achieve your financial goals. Visit their website for more information on their services and to schedule a consultation.
- Monday: 9 AM–6 PM
- Tuesday: 9 AM–6 PM
- Wednesday: 9 AM–6 PM
- Thursday: 9 AM–6 PM
- Friday: 9 AM–6 PM
- Saturday: Closed
- Sunday: Closed
19. SingaporeHumbleStock - Kelwin & Roy
Information and Reviews
- Knowledgeable and experienced team
- Personalized investment strategies
- Excellent customer service
- Reliable market analysis
Customers have praised SingaporeHumbleStock - Kelwin & Roy for their professionalism, attention to detail, and ability to deliver results. With a dedication to excellence and a commitment to their clients' success, it's no wonder they are a trusted name in the industry.
20. Corporate Brokers International Pte. Ltd.
Information and Reviews
Customers have praised Corporate Brokers International Pte. Ltd. for their professionalism, knowledge, and personalized approach. Here are a few key points from the reviews:
- Expertise in financial planning
- Excellent customer service
- Highly recommend for retirement planning
With a focus on accessibility, Corporate Brokers International Pte. Ltd. ensures that their services are available to everyone, including those with special needs. From wheelchair-accessible parking to toilets, they strive to make each client's experience seamless and comfortable. Visit them today to see how they can help you secure your financial future.
Map of Brokerage Accounts in Singapore
If you're considering opening a brokerage account in Singapore, it's important to research all your options to find the best fit for your financial goals. Below is a map detailing the locations of all the brokerage accounts in Singapore, making it easier for you to choose one that is convenient and meets your needs.
What is a brokerage account?
A brokerage account is a type of investment account that allows you to buy and sell a variety of investment products, such as stocks, bonds, mutual funds, and ETFs. When you open a brokerage account, you deposit money into the account, which you can then use to purchase investments. Additionally, you can transfer existing investments into a brokerage account to manage them all in one place.
Brokerage accounts are typically offered by brokerage firms or online brokerages. They provide a platform for you to trade securities, access research and analysis tools, and monitor your investments. Some brokerage accounts may also offer additional investment options, such as margin trading or options trading.
How do I open a brokerage account in Singapore?
To open a brokerage account in Singapore, you will usually need to provide proof of identity, proof of address, and complete a brokerage account application form. You may also need to fund the account with an initial deposit, which can vary depending on the brokerage firm. Some brokerage firms may have specific requirements for non-resident or foreign investors.
It is essential to research different brokerage firms in Singapore to find one that meets your investment needs and offers competitive fees and commissions. You may also want to consider factors such as the range of investment products offered, customer service, and the online trading platform provided by the brokerage firm.
What are the benefits of having a brokerage account in Singapore?
Holding a brokerage account in Singapore provides investors with access to a diverse range of investment opportunities in both local and international markets. Singapore is known for its robust regulatory environment, which can provide peace of mind to investors knowing that their investments are protected. Additionally, Singaporean brokerage firms typically offer sophisticated online trading platforms and research tools to help investors make informed decisions.
By having a brokerage account in Singapore, investors can take advantage of the country's status as a financial hub in Asia. They can access various investment products, including stocks, bonds, and funds, and benefit from competitive fees and commissions offered by local brokerage firms.
What fees are associated with a brokerage account in Singapore?
When opening a brokerage account in Singapore, investors should be aware of the fees and charges associated with trading and maintaining the account. Common fees include commission charges for buying and selling securities, account maintenance fees, and custodian fees for holding foreign securities. Some brokerage firms may also charge additional fees for services such as research reports or market data.
It is essential for investors to understand the fee structure of the brokerage firm before opening an account to avoid any unexpected costs. Some brokerage firms may offer discounted commissions for frequent traders or special promotions for new clients. By comparing the fees and services offered by different brokerage firms, investors can choose one that aligns with their investment goals and trading preferences.
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