Best Trading Apps Singapore 2026: Tiger, moomoo, IBKR Compared
Last updated: July 2026 | SeaMoneyTips
Looking for the best trading app in Singapore? With so many platforms available – from Tiger Brokers and moomoo to Interactive Brokers and Syfe – choosing the right one can feel overwhelming. Each app has different fees, features, and target audiences. This guide compares the top trading apps in Singapore for 2026, covering brokerage fees, available markets, account types, and unique features to help you pick the one that fits your investing style.
Top Trading Apps in Singapore 2026: Quick Comparison
| Platform | Minimum Deposit | SGX Commission | US Stocks Commission | Best For |
|---|---|---|---|---|
| Tiger Brokers | SGD 0 | SGD 1.99/order | USD 0.005/share (min USD 1) | Active SGX traders |
| moomoo | SGD 0 | SGD 0.00 (promo) | USD 0.00 (promo) | Free trades promo users |
| Interactive Brokers | USD 0 | 0.08% (min SGD 2.50) | USD 0.005/share (min USD 1) | Global investors |
| Syfe | SGD 0 | N/A (managed) | N/A (managed) | Passive investors |
| StashAway | SGD 0 | N/A (managed) | N/A (managed) | Robo-advisor users |
| CGS International | SGD 1,000 | 0.25% (min SGD 10) | N/A | Traditional brokerage |
| Phillip Securities | SGD 0 | 0.25% (min SGD 10) | USD 0.01/share (min USD 5) | Full-service brokerage |
Tiger Brokers Singapore
Tiger Brokers (Tiger Trade) is one of the most popular online brokerages in Singapore, offering competitive fees and access to multiple global markets. It is regulated by the Monetary Authority of Singapore (MAS) and is a member of the Singapore Exchange (SGX). Tiger Brokers is best suited for active traders who trade frequently and want access to SGX, US, Hong Kong, and other Asian markets.
Tiger Brokers charges SGD 1.99 per SGX trade (minimum), USD 0.005 per US share traded (minimum USD 1), and offers commission-free trading for certain promotional periods. The platform provides real-time market data, advanced charting tools, and access to IPO subscriptions. The minimum age to open an account is 18 years old, and there is no minimum deposit requirement.
Key features include: multi-market access (SGX, NYSE, NASDAQ, HKEX, TSX, ASX, and more), fractional share trading for US stocks, options and futures trading, IPO subscription access, and a comprehensive mobile app with real-time quotes and advanced order types. Tiger Brokers also offers a paper trading account for practice.
moomoo Singapore
moomoo (formerly Futu Singapore) is a commission-free trading platform backed by Futu Holdings, which is listed on NASDAQ. The platform has gained significant traction in Singapore through aggressive promotional offers, including commission-free trading for new users and free Apple or Tesla shares for account opening. moomoo is regulated by MAS and is a licensed capital markets services holder.
moomoo currently offers promotional zero-commission trading on SGX and US stocks for new users (typically for the first 180 days). After the promo period, standard rates apply: SGD 0.99 per SGX trade, USD 0.99 per US trade. The platform also provides free Level 2 market data for US stocks and real-time quotes for SGX.
Key features include: commission-free trading promotions, free Level 2 US market data, fractional share trading, IPO subscription, moomoo Cash Plus (money market fund for uninvested cash), and comprehensive educational content through moomoo Learn. The mobile app is well-designed with a clean interface suitable for beginners.
Interactive Brokers Singapore
Interactive Brokers (IBKR) is the largest electronic brokerage in the world by number of daily average revenue trades. It is the go-to platform for serious investors who need access to global markets, advanced trading tools, and competitive margin rates. IBKR is regulated by MAS in Singapore and is a member of SGX.
IBKR offers two account types: IBKR Lite (commission-free for US stocks, limited features) and IBKR Pro (tiered or fixed pricing for all markets). For Singapore investors, IBKR Pro is the recommended option, offering access to over 150 markets in 33 countries. Pricing is transparent with no hidden fees, and margin rates are among the lowest in the industry (currently around 5.5-6.5% for SGD margin).
Key features include: access to 150+ global markets, competitive margin rates, advanced trading tools (Trader Workstation), fractional share trading, powerful API for algorithmic traders, multi-currency accounts, and institutional-grade research. IBKR also offers retirement accounts (SRS-compatible) and supports a wide range of order types including limit, market, stop, and bracket orders.
Syfe Singapore
Syfe is a MAS-regulated digital wealth manager that manages your investments automatically. Unlike traditional brokerages where you pick and trade stocks yourself, Syfe uses algorithm-driven portfolio management based on your risk profile and financial goals. It is ideal for investors who prefer a hands-off approach and want professional portfolio management without the high fees of traditional financial advisors.
Syfe offers several portfolio types: Syfe Core (globally diversified ETF portfolios), Syfe REIT+ (focused on Singapore REITs for dividend income), Syfe Equity100 (US growth stocks), and Syfe Cash+ (cash management with higher returns than bank deposits). Management fees start at 0.40% per annum for portfolios under SGD 20,000, dropping to 0.20% for portfolios above SGD 100,000.
Key features include: automated portfolio rebalancing, dividend reinvestment, tax-loss harvesting (for applicable portfolios), no minimum deposit for most portfolios, and a user-friendly mobile app. Syfe also offers Syfe Flexi, which allows you to customise your portfolio by selecting individual ETFs and stocks.
StashAway Singapore
StashAway is one of the first robo-advisors in Singapore, launched in 2016. It uses a proprietary algorithm called Economic Regime-Based Asset Allocation (ERAA) to manage portfolios based on the current economic environment. StashAway is MAS-regulated and suitable for both beginner and experienced investors who want automated portfolio management.
StashAway offers several portfolio types: General Investing (risk-based portfolios from 6.5% to 36% risk), Goal-Based Investing (portfolios tied to specific financial goals), Income (focused on dividend-paying ETFs), and StashAway Simple (cash management). Management fees range from 0.20% to 0.80% per annum depending on the portfolio type and amount invested.
Key features include: ERAA algorithm for dynamic asset allocation, no minimum investment for Simple portfolios, SRS-compatible accounts, retirement planning tools, and comprehensive educational content. StashAway also offers StashAway Reserve for high-net-worth clients with portfolios above SGD 100,000, providing access to alternative investments and private equity.
How to Choose the Right Trading App
Choosing the right trading app depends on your investing style, experience level, and financial goals. Here is a framework to help you decide.
For Active Traders
If you plan to trade frequently (multiple times per week), focus on low commissions, fast execution, and advanced tools. Tiger Brokers and moomoo offer the lowest fees for active SGX trading. Interactive Brokers is best if you also trade US or international markets actively. Avoid robo-advisors like Syfe and StashAway, as their management fees will eat into your returns with frequent trading.
For Long-Term Investors
If you plan to buy and hold for 5+ years, the platform matters less than the investment strategy. Interactive Brokers offers the lowest cost for buying global ETFs and stocks. Syfe and StashAway are excellent for passive investors who want hands-off management. Tiger Brokers and moomoo work well for buy-and-hold SGX investors. Consider dollar-cost averaging (DCA) through a platform that supports recurring investments.
For Beginners
If you are new to investing, start with a platform that offers educational resources and a user-friendly interface. moomoo has the best educational content through moomoo Learn. Syfe and StashAway are the easiest to use since they manage your portfolio automatically. Tiger Brokers offers a paper trading account for practice. Interactive Brokers has a steeper learning curve but offers the most comprehensive tools once you are comfortable.
For SRS Investors
If you want to invest your Supplementary Retirement Scheme (SRS) funds, check which platforms support SRS accounts. Interactive Brokers, Tiger Brokers, and moomoo all support SRS investing. Syfe and StashAway also offer SRS-compatible portfolios. Note that SRS funds cannot be withdrawn until the statutory retirement age (currently 63, rising to 65 by 2030), so choose a platform with a good range of long-term investment options.
Trading App Fees Explained
Understanding the full cost of trading helps you choose the most cost-effective platform. Here is a breakdown of the fees you may encounter.
Commission fees are charged per trade and vary by platform. Brokerage fees may include platform fees, minimum charges, or tiered pricing. Exchange fees are charged by the stock exchange (SGX, NYSE, etc.) and are the same regardless of your broker. Custodian fees are charged for holding foreign securities (typically USD 2 per month for US stocks). Currency conversion fees apply when trading in foreign currencies (typically 0.5-1.0% of the transaction amount). Account maintenance fees are charged monthly or annually by some brokers (typically SGD 0-2 per month).
Singapore-Listed ETFs vs US-Listed ETFs
| Factor | Singapore-Listed ETFs | US-Listed ETFs |
|---|---|---|
| Examples | STI ETF, Lion-OCBC Securities Hang Seng TECH ETF | VOO, VTI, QQQ, SCHD |
| Currency | SGD | USD |
| Expense Ratio | 0.20-0.50% | 0.03-0.20% |
| Liquidity | Lower volume | Very high volume |
| Dividend Withholding Tax | None (for Singapore-domiciled) | 30% (for US-sourced dividends) |
| Best For | SGD income, SG-focused exposure | Global diversification, lower costs |
How We Chose the Best Trading Apps in Singapore
All listed platforms are regulated by the Monetary Authority of Singapore (MAS). You can verify any financial institution registration on the MAS Financial Institutions Directory.
Our comparison of the best trading apps in Singapore is based on five key factors: brokerage fees and commissions, range of available markets, user experience and app design, regulatory status and safety, and additional features like fractional shares and research tools. We reviewed each platform personally and cross-referenced user reviews on the App Store and Google Play. All platforms listed are MAS-regulated and offer SRS-compatible accounts where applicable.
Frequently Asked Questions
What is the cheapest trading app in Singapore?
moomoo currently offers the cheapest trading with zero-commission promotions for new users (SGX and US stocks). After the promo period, Tiger Brokers offers the lowest standard rates at SGD 1.99 per SGX trade and USD 0.005 per US share. Interactive Brokers is competitive for high-volume traders with its tiered pricing model.
Can I use SRS funds to invest in stocks?
Yes, several platforms support SRS investing including Interactive Brokers, Tiger Brokers, moomoo, Syfe, and StashAway. SRS funds can be used to buy Singapore-listed ETFs, REITs, and stocks, as well as certain US-listed securities. Note that SRS withdrawals before the statutory retirement age attract a 5% penalty plus income tax on the withdrawn amount.
Are trading apps in Singapore safe?
Yes, all regulated trading apps in Singapore are safe. Look for MAS regulation (Monetary Authority of Singapore) as the key indicator. MAS-regulated platforms must comply with strict capital requirements, client money segregation rules, and investor protection measures. Additionally, your investments are protected under the Securities and Futures Act, and client monies are held in segregated trust accounts.
What is the minimum amount to start investing in Singapore?
Most trading apps have no minimum deposit requirement. Tiger Brokers, moomoo, Syfe, and StashAway all allow you to start with as little as SGD 1. For SGX stocks, the minimum trade is typically 1 lot (100 shares), which can cost anywhere from SGD 50 to SGD 5,000 depending on the stock price. For US stocks, fractional share investing allows you to start with as little as USD 1.
Should I use a robo-advisor or trade stocks myself?
Choose a robo-advisor (Syfe, StashAway) if you prefer hands-off investing with professional portfolio management. Choose a self-directed platform (Tiger, moomoo, IBKR) if you want to pick your own stocks and have the time and knowledge to manage your portfolio. Robo-advisors charge 0.20-0.80% management fees but save you time and reduce emotional decision-making. Self-directed trading has lower fees but requires more effort and discipline.
How do I open a trading account in Singapore?
Opening a trading account in Singapore is straightforward. You need to be at least 18 years old, have a Singapore bank account, and provide your NRIC or passport. Most platforms allow online account opening within 15-30 minutes. You will need to complete a risk assessment questionnaire and verify your identity. Account approval typically takes 1-3 business days. Some platforms like Tiger Brokers and moomoo offer instant account opening for Singapore residents.
Summary: Best Trading Apps Singapore 2026
To summarise, the best trading apps in Singapore for 2026 are Tiger Brokers for active SGX traders, moomoo for zero-commission promotions, Interactive Brokers for global market access, and Syfe or StashAway for passive investors. Your choice should align with your investing style, experience level, and the markets you want to access. All recommended platforms are MAS-regulated and safe for Singapore investors.
Key Takeaways
- moomoo offers the best zero-commission promotions for new users in Singapore
- Tiger Brokers has the lowest standard fees for active SGX traders
- Interactive Brokers is best for global investors needing access to 150+ markets
- Syfe and StashAway are ideal for hands-off investors who prefer automated management
- Always check for MAS regulation before opening an account
- Consider your investing style (active vs passive) when choosing a platform
- Most platforms have no minimum deposit – you can start with as little as SGD 1
Conclusion
Choosing the best trading app in Singapore depends on your individual needs. For active traders, Tiger Brokers and moomoo offer the lowest fees. For global investors, Interactive Brokers provides unmatched market access. For passive investors, Syfe and StashAway deliver hands-off portfolio management. Whichever platform you choose, start small, learn the basics, and gradually increase your investments as you gain confidence. The best time to start investing was yesterday – the second best time is today.
Related: How to Invest in Japan Stocks from Singapore 2026
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This article was written by the SeaMoneyTips Editorial Team, focused on personal finance education for Indonesia and Singapore readers. For inquiries, please contact us.
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