ⓘ Advertiser disclosure

Best international online brokers in Singapore in 2024

Written by
Adam N.
Fact checked by
Updated
Jan 2024
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in Singapore.

Find below the strengths of the best brokers available in Singapore, updated for 2024:

  1. Interactive Brokers is the best international online brokers in Singapore in 2024. - Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
  2. Saxo Bank - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
  3. moomoo - Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services. Pays high interest on uninvested cash.
  4. Plus500 - Well-designed platform. Great account opening. Quick and helpful customer support.
  5. Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
  6. Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  7. Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
  8. NinjaTrader - Low trading fees. Great platform and research. Quality educational materials.
  9. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  10. CMC Markets - Low forex fees. Great web and mobile platforms. Advanced research and educational tools.
Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

International online brokers' key info overview

While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.

Broker
Minimum deposit
Time to open account
Interactive Brokers
$0
1-3 days
Saxo Bank
$0
1 day
moomoo
$0
1-3 days
Plus500
$100
1 day
Oanda
$0
1-3 days
Webull
$0
1 day
Admirals (Admiral Markets)
$100
1 day
NinjaTrader
$0
>3 days
IG
$0
1-3 days
CMC Markets
$0
1-3 days


Popularity of the best online brokers in Singapore

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

Trading fees

In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.

Broker
US stock
UK stock
Interactive Brokers
$1.0
$3.8
Saxo Bank
$1.6
$3.8
moomoo
$0.0
-
Plus500
-
-
Oanda
$0.0
-
Webull
$0.0
-
Admirals (Admiral Markets)
$0.0
$0.0
NinjaTrader
-
-
IG
$15.0
$10.0
CMC Markets
-
-
Fees at the best international online brokers in January 2024
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Other fees at international online brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Broker
Account fee
Inactivity fee
Interactive Brokers
Saxo Bank
moomoo
Plus500
Oanda
Webull
Admirals (Admiral Markets)
NinjaTrader
IG
CMC Markets
Account, inactivity, and deposit/withdrawal fees at the best online brokers in January 2024

Can I trust these online brokers in Singapore?

Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 30,000 brokers and trading platforms that we don't recommend. To make sure that a broker is reputable and reliable, use our Scam Broker Shield tool.

Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.

Broker
Top-tier regulators
Trusted broker
Interactive Brokers
FCA in the UK, SEC in the US, and ASIC in Australia
Saxo Bank
FSA in Denmark, FCA in the UK, and FINMA in Switzerland
moomoo
SEC and FINRA in the US, MAS in Singapore, ASIC in Australia, CIRO in Canada, SC in Malaysia, FSA in Japan
Plus500
FCA in the UK, ASIC in Australia, and MAS in Singapore
Oanda
FCA in the UK, CIRO in Canada, and ASIC in Australia
Webull
SEC and FINRA in the US
Admirals (Admiral Markets)
FCA in the UK and ASIC in Australia
NinjaTrader
CFTC in the US and member of the NFA
IG
FCA in the UK, BaFin in Germany, and ASIC in Australia
CMC Markets
FCA in the UK, CIRO in Canada, and ASIC in Australia
Trust metrics for the best online brokers in Singapore in 2024
We label a broker as trusted if it has reliable regulation.

Our assessment of best international online brokers for residents in Singapore in 2024

At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.

Broker
Overall score
Fees score
Interactive Brokers
4.9
/5
4.3
/5
Saxo Bank
4.9
/5
3.0
/5
moomoo
4.6
/5
4.8
/5
Plus500
4.5
/5
3.7
/5
Oanda
4.5
/5
4.1
/5
Webull
4.6
/5
4.6
/5
Admirals (Admiral Markets)
4.5
/5
3.7
/5
NinjaTrader
4.5
/5
4.3
/5
IG
4.5
/5
3.5
/5
CMC Markets
4.5
/5
3.7
/5
Score summary of best international online brokers for residents in Singapore

If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.

And now, let's see the top international online brokers for 2024 for residents in Singapore in detail one by one, starting with the winner, Interactive Brokers.

Recommended for traders looking for broad market access and a professional trading environment

Visit broker

Interactive Brokers snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

Recommended for investors and traders looking for a great trading platform and solid research

Visit broker

Saxo Bank snapshot
Minimum deposit $0
Fees class Average
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Saxo Bank services, check out our review for 2024

Recommended for investors and traders looking for zero-commission trading and focusing on US markets

Visit broker

moomoo snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of moomoo services, check out our review for 2024

Recommended for experienced traders looking for an innovative platform and a great user experience

Visit broker
82% of retail CFD accounts lose money

Plus500 snapshot
Minimum deposit $100
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Google Pay, Apple Pay, iDeal, POLi, PayNow, Blik, BPay, Klarna, GiroPay
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Google Pay, Apple Pay, iDeal, POLi, PayNow, Blik, BPay, Klarna, GiroPay
Withdrawal fee $0
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of Plus500 services, check out our review for 2024

Recommended for forex traders who value a user-friendly platform and great research tools

Visit broker
78.3% of retail CFD accounts lose money

Oanda snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of Oanda services, check out our review for 2024

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

Webull snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Webull services, check out our review for 2024

Recommended for forex traders who are familiar with the MetaTrader trading platforms

Visit broker
80% of retail CFD accounts lose money

Admirals (Admiral Markets) snapshot
Minimum deposit $100
Fees class Low
Deposit method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong
Withdrawal method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong
Withdrawal fee $0
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2024

Recommended for active traders focusing on futures

Visit broker

NinjaTrader snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account >3 days
Inactivity fee Yes
Read review For a detailed analysis of NinjaTrader services, check out our review for 2024
IG Logo

IG

Recommended for traders of any experience level looking for an easy-to-use trading platform

Visit broker
69% of retail CFD accounts lose money

IG snapshot
Minimum deposit $0
Fees class Average
Deposit method Bank transfer, Credit/debit cards, PayPal
Withdrawal method Bank transfer, Credit/debit cards
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of IG services, check out our review for 2024

Recommended for forex and CFD traders looking for an advanced trading platform with many research tools

Visit broker
67% of retail CFD accounts lose money

CMC Markets snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer, Credit/debit cards
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of CMC Markets services, check out our review for 2024

Didn't find the best broker for you?

Answer a few questions and get a personalized broker list!
Get a personalized broker recommendation
125,500 people already found a broker via this tool!

Your broker toplist will be selected based on your answers.

Where do you live?
More info

How did we select the best international online brokers in Singapore in 2024?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fees, commissions),
  • We checked and compared every aspect of their services,
  • Opened an account and tested the platform (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

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.

Follow us

Regional settings

×
I'd like to trade with...