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Best brokers for Singaporean stocks in 2024

Written by
Fact checked by
Tamás D.
Updated
1d ago

Find below the strengths of the best stock brokers that offer Singaporean stocks in the United States, updated for 2024:

  1. Interactive Brokers - the best broker for Singaporean stocks in 2024. Extremely low fees. Wide range of products. Many great research tools.
  2. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  3. Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
  4. TradeStation Global - Low stock and ETF fees. Wide range of products. Easy-to-use web trading platform.
  5. CapTrader - Low stock and ETF fees. Wide range of products. Many great research tools. Pays interest on uninvested cash.
  6. Saxo - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
  7. DEGIRO - One of the lowest fees on the market. Regulated by top-tier authorities. Easy-to-use web and mobile platform.
  8. LYNX - Wide range of markets and products. Low stock and ETF trading fees. Great research tool. Pays interest on uninvested cash.
  9. Trade Republic - Commission-free ETF and low-commission stock trading. High interest on uninvested cash. Quick account opening. Has a banking license.
  10. Interactive Investor - User-friendly trading platforms. Fast and easy deposit and withdrawal. Pays interest on cash balances.
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Overview of the best brokers for Singaporean stocks

While many online stock brokers offer an excellent service, the ones in our toplist go the extra mile.

Broker
Minimum deposit
Time to open account
Interactive Brokers
$0
1-3 days
Fidelity
$0
1-3 days
Zacks Trade
$250
>3 days
TradeStation Global
$0
1 day
CapTrader
$2,000
>3 days
Saxo
$0
1 day
DEGIRO
$0
1 day
LYNX
$0
>3 days
Trade Republic
$0
1 day
Interactive Investor
$0
1 day
Best stock brokers for Singaporean stocks data compiled for December 2024

Popularity of the best stock brokers for Singaporean stocks

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Stock trading fees

Broker
US stock
German stock
Interactive Brokers
$1.0
$3.2
Fidelity
$0.0
$20.0
Zacks Trade
$1.0
$12.6
TradeStation Global
$1.5
$2.4
CapTrader
$2.0
$4.2
Saxo
$1.6
$3.2
DEGIRO
$2.1
$5.1
LYNX
$5.0
$6.3
Trade Republic
$1.1
$1.1
Interactive Investor
$5.0
$12.6
Stock trading fees at the best brokers for Singaporean stocks December 2024
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Singaporean stock commission at the top brokers in 2024

0.08% of trade value with SGD 2.5 min
SGD 35 per trade
0.3% of trade value with a SGD 20 minimum
0.12% of trade value with min SGD 3.75
0.1%, min SGD5
0.08% of trade value with SGD 3 min., but using VIP pricing the minimum can be as low as 0.03% of trade value with SGD 3 min.
€5 per trade
0.15% of trade value, min USD 10
€1 per trade (external settlement cost) and zero commission
"Essentials", "Investor" and "Pension Builder" fees: £9.99 per trade; "Super Investor" fee: £5.99 per trade

Non-trading fees

Broker
Account fee
Inactivity fee
Interactive Brokers
Fidelity
Zacks Trade
TradeStation Global
CapTrader
Saxo
DEGIRO
LYNX
Trade Republic
Interactive Investor
Best stock trading platforms for Singaporean stocks non-trading fees

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Interactive Brokers snapshot
Recommended for Traders looking for broad market access and a professional trading environment
Minimum deposit $0
US stock fee $1.0
Mobile platform score 4.3 stars
Time to open account 1-3 days
Inactivity fee No
Demo account Yes
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

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Fidelity snapshot
Recommended for Investors and traders looking for solid research and great trading platforms
Minimum deposit $0
US stock fee $0.0
Mobile platform score 5.0 stars
Time to open account 1-3 days
Inactivity fee No
Demo account Yes
Read review For a detailed analysis of Fidelity services, check out our review for 2024

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Zacks Trade snapshot
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees
Minimum deposit $250
US stock fee $1.0
Mobile platform score 3.5 stars
Time to open account >3 days
Inactivity fee Yes
Demo account Yes
Read review For a detailed analysis of Zacks Trade services, check out our review for 2024

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TradeStation Global snapshot
Recommended for Traders and investors looking for low fees and a wide selection of products
Minimum deposit $0
US stock fee $1.5
Mobile platform score 3.5 stars
Time to open account 1 day
Inactivity fee No
Demo account Yes
Read review For a detailed analysis of TradeStation Global services, check out our review for 2024

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CapTrader snapshot
Recommended for Investors and traders looking for low fees and sophisticated trading platforms
Minimum deposit $2,000
US stock fee $2.0
Mobile platform score 3.5 stars
Time to open account >3 days
Inactivity fee Yes
Demo account Yes
Read review For a detailed analysis of CapTrader services, check out our review for 2024

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62% of retail CFD accounts lose money

Saxo snapshot
Recommended for Investors and traders looking for a great trading platform and solid research
Minimum deposit $0
US stock fee $1.6
Mobile platform score 5.0 stars
Time to open account 1 day
Inactivity fee No
Demo account Yes
Read review For a detailed analysis of Saxo services, check out our review for 2024

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Investing involves risks

DEGIRO snapshot
Recommended for Traders and investors looking for execution only
Minimum deposit $0
US stock fee $2.1
Mobile platform score 4.5 stars
Time to open account 1 day
Inactivity fee No
Demo account No
Read review For a detailed analysis of DEGIRO services, check out our review for 2024

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LYNX snapshot
Recommended for Any European traders looking for low stock and ETF fees and a good mobile trading platform
Minimum deposit $0
US stock fee $5.0
Mobile platform score 3.5 stars
Time to open account >3 days
Inactivity fee Yes
Demo account Yes
Read review For a detailed analysis of LYNX services, check out our review for 2024

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Trade Republic snapshot
Recommended for Investors and beginners looking for high interest rates on cash, a simple but great mobile platform, and low fees
Minimum deposit $0
US stock fee $1.1
Mobile platform score 4.8 stars
Time to open account 1 day
Inactivity fee No
Demo account No
Read review For a detailed analysis of Trade Republic services, check out our review for 2024

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Interactive Investor snapshot
Recommended for Beginners and investors focusing on the UK market
Minimum deposit $0
US stock fee $5.0
Mobile platform score 4.3 stars
Time to open account 1 day
Inactivity fee No
Demo account Yes
Read review For a detailed analysis of Interactive Investor services, check out our review for 2024

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How did BrokerChooser select the best brokers for Singaporean stocks?

  • We checked if the broker offers Singaporean stocks,

  • Checked whether the broker is overseen by a trusted regulator,

  • Compared stock fees and non-trading fees (e.g. currency conversion, withdrawal or inactivity),
  • Compared the number of equity markets,
  • Checked minimum deposit requirements,
  • Opened an account and tested the platform (charting, features, usability, customer service).


Save hours of research!

Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

FAQ

Are these brokers safe?

Yes, the brokers on this list are all considered safe and solid. You can be sure none of them is a scam. They are each regulated by at least one top-tier regulator.

Which broker should I use as a beginner?

Low fees and an excellent mobile platform make a broker great for beginners. Beginners can also benefit greatly if a broker has excellent educational material, and tools, such as a demo account. The best way to start your journey in the world of investing is by learning. We provide a great starting point on our education page, where you can find a lot of useful learning materials. Here we give you some tips on how to start investing. To find the best online broker for your level of expertise and risk-tolerance, use our find my broker tool.

Where should a beginner invest in stocks?

Before you make stock investments, you should draw up a plan, which involves several basic questions you ought to think about, such as what is your objective, how much time do you want to spend investing and what level of risk you want to take. For beginners, one of the best ways to to starting investing in stocks is choosing an index fund or stock mutual funds, which are an easy and low-cost way to tip your toe into the stock market. We put together a guide on how to start investing in stocks, and how to buy shares online. We explicitly guide you through how to invest in stocks. We also give you tips on how much you should invest when you are starting out. You can also browse through our top recommendations for best trading platforms for stocks.

Is trading gambling?

Trading is not gambling, although some people might treat it like that, but they will learn quickly that gamblers lose their money. The goal of a trader is to make predictions that will be as accurate as possible to make money, while gamblers can't predict anything, they bet. People who trade for the thrill of it, or because they want to prove something, or can’t accept losing on the market from time to time, and don’t have a plan or consistency, are trading in a gambling style. New online trading apps have recently come under the spotlight for bringing a gambling aspect into trading. The gamification of trading, with easy-to-use online platforms, little education for retail traders and the social pressure of FOMO also contribute to a gambling attitude on the market. Serious traders should consider their objectives, their attitudes to risk, and carefully devise an investment strategy when entering a market.

Is trading hard to learn?

Trading is not diffficult to learn if you invest enough time and energy into it. But that is a big if. Plenty of people trade, but the more time you spend studying trading, the more you practice, - as with everything else -, the better results you can expect. Knowing yourself, your attitude to risk-taking, and being patient and disciplined are also crucial factors if you want to be successful. Keep a cool head, don’t look for easy money, commit to studying trading and always have a trading plan. Our aim is to make personal investing as clear and accessible for you, as possible. Our educational page is a good starting point. You can also learn from our expert traders about the difference between investing and trading, and learn here about how to become a trader. You can also learn about different investment strategies from us.

Want to learn more?

Check out these articles written by our broker and trading experts:

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Tamás Gyuriczki
Author of this article
As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.
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