The Finest Trading Platforms in Singapore

In Singapore, there are numerous trading platforms, but not all of them are the same. While some trading systems solely allow for financial transactions, others let you trade both physical and digital goods. Everyone can use the same trading platform.

We will present the top 11 trading platforms in Singapore in this blog article based on your individual requirements.

1

City Index

In 1983, City Index was introduced as a trading name by GAIN Capital, a company traded on the New York Stock Exchange. The Monetary Authority of Singapore (MAS), the Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission all grant City Index permission to operate as a global CFD and FX broker (ASIC).

City Index is well renowned as a safe and dependable trading platform for investors and traders with a 38-year history, a parent business that is publicly traded, and certification from several of the top financial regulatory authorities in the world.

2

POEMS

One of Singapore’s first internet brokerages, POEMS, has been in business for more than 40 years. Over 40,000 new financial product types have been added to POEMS’ inventory, and the company now operates in 15 nations, including the US, UK, Australia, Japan, and Hong Kong.

You can finance your account in a variety of ways with POEMS, and most of them are free. In general, POEMS is a reliable option for traders and investors that need extensive market access, credibility, and a wide range of instruments.

3

Tiger Brokers

Leading online trading site Tiger Brokers in Singapore is backed by Xiaomi and listed on the NASDAQ. Tiger Brokers’ cheap fees and connectivity to markets around the world helped them to take the top spot on the list of Singapore’s best online trading platforms. Among them are Singapore, the US, Hong Kong, China, and Australia. There are numerous additional locations where you can use a single account to access stocks, ETFs, options, warrants, CBBCs, REITs, futures, and more on numerous marketplaces.

4

Maybank Kim Eng

The investment division of Maybank is known as Maybank Kim Eng. With its extensive selection of products and market access, Maybank Kim Eng acts as a one-stop shop for people looking to create a diversified investment portfolio. With a large selection of leveraged and non-leveraged trade instruments, including equities, shares, ETFs, bonds, FX, and CFDs, Maybank Kim Eng serves a variety of investor types and aims.

5

Interactive Brokers

Since 2007, Interactive Brokers (IBKR) has traded on the NASDAQ, and in July 2020 it opened an office there. IBKR is a well-known brokerage that was used by many investors in Singapore before it opened there. A Singaporean must first sign up as an IBKR Pro user in order to utilize IBKR in Singapore. As an IBKR Pro user, you have access to all of the company’s services, including its cutting-edge technology like IBKR algorithms, APIs, and tools, which Lite Users cannot use. No transaction fees for more than 40 ETFs.

6

OANDA

Oanda has more than 25 years of experience, and several regulatory licenses from tier-1 jurisdictions across the world, including Singapore. Oanda has established a reputation for offering excellent client service, making it a very recognized online brokerage. As a result, Oanda is a popular online brokerage among FX and CFD traders. Oanda offers access to more than 55 commodities, metals, bonds, and indices.

7

Saxo Markets

It’s not surprising that Saxo Markets made the list of best online trading platforms in Singapore given how well-liked it is among investors. The online broker offers a broad selection of trading instruments, from straightforward equities and bonds to more complex ones like forex, CFDs, and other leveraged products. Even if it’s pretty simple to open an account, there are other possibilities, such as debt consolidation loans or gifts of stocks and bonds, if you’re seeking a hassle-free method. Additionally, they provide more sophisticated savings options including managed portfolios and regular savings programs that are specifically created for clients who want to be more passive investors.

8

Syfe Trade

The only platform to date that lets you conduct monthly transactions for free before imposing fair fees. For the first three months, new users will receive a free 5-trade trial with a trade costing $0.99 each. Sign up to receive two free trades per month for a year, then trades cost US$1.49 after that.

9

uSMART SG

uSMART Group is a Singapore-based investment company with branches in Hong Kong, China, and New Zealand that was founded in December 2018. It’s a testament to how they want to leverage cutting-edge technology to give investors prudent investments that more than half of their workforce is based in their product and development departments globally. The leading online broker for smart investments, uSMART Securities provides customers with a professional smart investing experience using cutting-edge technologies.

10

Moomoo

A free AAPL share was provided before and during the launch of Moomoo by Futu SG, a Singapore-based online trading platform. With a range of tools at your disposal, you might easily find well-liked stocks and booming industries to invest in. Among other things, it has filters for market capitalization, change rate, turnover, transaction volume, and P/E ratio. Since Moomoo by Futu SG only charges US$0.99 per stock in the United States, HK$3 in Hong Kong, and S$0.99 in Singapore, it is a suitable option for new traders.

Webull is a leading digital investment platform built on next-generation global infrastructure. They serve tens of millions of users from over 180 countries. Webull Securities (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) Licence. Provide users with superior and secure trading technology!