Highlights

Brokers Comparison

If you are looking for a new brokerage firm to begin investing in the stock market, or if you're looking for a new brokerage firm that's more suitable to your investment style, this is the right place.

We hope this guide will help you compare online brokers of Singapore Exchange and find the broker that's right for you.

You can help us improve this guide by suggesting a broker or sending us a feedback at feedback@i3investor.com.

Broker ** Overall Rating * Online Brokerage Fees Trading Limit Payment Method / Additional Note
AmFraser
AmFraser Securities
  • <50k: 0.275%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
  • 3 x cash collateral (for margin financing)
 
Citibank
Citibank
  • <50k: 0.25%
  • 50k-100k: 0.20%
  • >100k: 0.18%
  • Minimum: SGD 18
  • 1 x cash collateral
  • Settlement through GIRO, EPS, DBS Internet/Phone/Wireless Banking and by cheque
DBS Vickers
DBS Vickers
  • <50k: 0.28%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
  • 1 x cash
  • Settlement through GIRO, EPS, DBS Internet/Phone/Wireless Banking and by cheque
DMG
DMG
  • <50k: 0.275%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
  • 1 x cash collateral
  • Electronic Payment for Shares (EPS), DBS/POSB or UOB GIRO, or by mailed cheque
Lim & Tan
Lim & Tan
  • <50k: 0.28%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
  • 1 x cash collateral
  • Electronic Payment for Shares (EPS), GIRO (DBS/POSB, UOB, OCBC), Bill Payment Service via Internet Banking (UOB, DBS, OCBC, HSBC, SCB, Maybank), cash or cheque
Maybank Kim Eng
Maybank Kim Eng
  • <50k: 0.275%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
  • 1 x cash collateral
  • Electronic Payment for Shares (EPS), GIRO (DBS/POSB, UOB, OCBC), Bill Payment Service via Internet Banking (UOB, DBS, OCBC, HSBC, SCB), cash or cheque
OCBC Securities
OCBC Securities
  • <50k: 0.275%
  • 50k-100k: 0.275%
  • >100k: 0.20%
  • Minimum: SGD 25
  • Based on credit assessment or recommendation
  • Electronic Payment for Shares (OCBC, DBS/POSB, UOB), GIRO (OCBC), Bill Payment Service via Internet Banking (OCBC), cash or cheque
PhillipCapital
Phillip Capital
  • <50k: 0.28%
  • 50k-100k: 0.22%
  • >100k: 0.18%
  • Minimum: SGD 25
1 x cash collateral  
Saxo Capital Markets
Saxo Capital Markets
  • 0.15%
  • Minimum: SGD 25
1 x cash collateral + 75% stock collateral Monthly subscription: SGD 8. Minimum account size: SGD$10,000
Standard Chartered
Standard Chartered
  • 0.20%
  • No minimum
1 x cash collateral Monthly subscription: SGD 8. Minimum account size: SGD$10,000

* Overall rating of each broker is derived based on competitive fees, product offerings, ease of payment/withdrawal, availability of information, and the features of the broker's online trading portal.

** The logo image of each broker remains the rights of the broker. The i3investor portal does not own the copyrights to the logo images.

*** Note: Some offers may be valid for a limited time only. The information and links on this page are provided for your convenience only. i3investor does not endorse or recommend the services of any brokerage company.

  6 people like this.
 
leo8404 what about saxo capital?
03/09/2012 19:39
seifknight include standard chartered bank
26/09/2012 13:52
lobong you should add citibank as well, their transaction fee is the lowest $18
26/09/2012 14:39
samuelx Yes, i am using citibank as they have the lowest minimum fee and i am a small player.

You should be careful with SCB, because although they have zero minimum commissions, they do not hold your securities with CDP... so if you apply for IPOs through DBS/UOB, etc. you may not be able to sell your securities using Citi without an additional step of transferring, etd. dont think you can use conveniently with another broker at the same time too.
27/09/2012 09:16
samuelx Anyway, this list should be outdated. I think MF Global is in the process of liquidation.

As feedback, I would suggest timestamping all such posts on the website so that users can tell when the post was made and when it was last updated.
27/09/2012 09:22
Harky Zheng outdated site?
20/05/2013 13:36
1561199 Sky petrpl change what name
03/06/2013 12:34
gyaradoz what about CIMB?
23/08/2013 11:59
tungjj Does standard chartered charge sgd 8 monthly? Please confirm. As I am using standard chartered, I do not think they charge me
08/04/2014 07:32
Revier Thomas Post removed. Why?
08/04/2014 15:41
tltsb5617 if i am foreigner , how the porecudures for opening an account ?
12/11/2015 13:15
user123 How about UOB Kay Hian?
31/12/2015 10:25
HSI Goreng Groups any stocks forum in Singapore ? beside i3
07/01/2016 21:56
DannyC How come CIMB securities not in the list..?
20/04/2016 16:54
Janus Mun hello guys,i am new in singapore trading,may i know SCB stock trading platform is stable or not?is it like Maybank KE type tht i am currently using?please advice all trading masters?the no commission offered by SCB is very attractive but the trading platform must be very stable to do intraday trade....
11/05/2016 21:53