The 5 Best Stock Brokers in Singapore

Finding the right stock broker in Singapore can make a significant difference in your investment journey. Whether you are a seasoned trader or a beginner exploring the world of stocks, ETFs, and mutual funds, selecting a broker that aligns with your financial goals and trading style is crucial. With an abundance of options available, it’s important to consider factors like platform usability, brokerage fees, customer support, and access to global markets. In this guide, we’ll explore the 5 best stock brokers in Singapore to help you make an informed decision.

Trading platforms: User-friendly interfaces, mobile apps, and advanced charting tools for analysis.
Market access: Local and international market access for stocks, ETFs, and other securities.
Brokerage fees: Competitive pricing, including per-trade fees ranging from $5 to $25 or more, depending on the broker.
Investment products: Availability of diverse options like equities, derivatives, bonds, and forex trading.
Customer support: Reliable assistance through live chat, email, or phone support.
Educational resources: Tutorials, market insights, and webinars to enhance trading skills.
Regulatory compliance: Licensed and regulated by the Monetary Authority of Singapore (MAS).
Account types: Options for individual, joint, corporate, and Islamic trading accounts.
Deposit and withdrawal methods: Bank transfers, credit cards, or online payment platforms.
Additional features: Margin trading, robo-advisory services, and portfolio management tools.

1. Saxo Markets Singapore
2. Joey Choy
3. Ocbc Securities

4. Uob Kay Hian
5. Lim & Tan Securities

Number of companies

679

Verified reviews

3,48

Average rating

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1. Saxo Markets Singapore

★ ★ ★ ★ ★ 3,7/5

88 Market Street CapitaSpring #31-01, 48948, Singapore

Stock broker
Finance broker
Financial institution

Why we chose them

Saxo Markets Singapore is a leading financial institution specializing in stock and finance brokerage services. With over 30 years of experience as part of the Saxo Bank Group, the company provides access to a vast array of investment products, including stocks, ETFs, bonds, mutual funds, crypto ETPs, and leveraged instruments such as options, CFDs, and forex. Recognized for its intuitive and award-winning trading platforms, Saxo offers tools like TradingView integration and APIs, alongside features like securities lending and margin trading to optimize clients’ investment strategies. Its transparent pricing structure, absence of hidden fees, and regulated status under the Monetary Authority of Singapore (MAS) make it a trusted choice for traders and investors worldwide.

Designed for both novice and experienced investors, the company emphasizes education and empowerment through resources like webinars, podcasts, and market analysis. Clients can explore over 71,000 instruments across asset classes, supported by a dedicated team of experts and 24/5 multilingual customer support. With a reputation built on trust and stability, it caters to individual, joint, and corporate account holders, offering tiered benefits for active traders. As a well-capitalized institution rated A- by S&P, it stands out as a secure and innovative platform for managing wealth and navigating global financial markets.

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2. Joey Choy

★ ★ ★ ★ ★ 4,8/5

250 North Bridge Road, Raffles City Tower Level 6, Trading Rep Room, Seat #1, 179101, Singapore

Stock broker

Why we chose them

Joey Choy is a leading name in Singapore’s stock trading and brokerage landscape, renowned for delivering exceptional value-added services to his clients. As an award-winning stock broker and top-tier remisier with Phillip Securities, Joey has built a strong reputation for his expertise and mentorship in the stock market. His journey from overcoming a S$740k debt to becoming a celebrated figure in the industry has been featured in publications like the Business Times, inspiring thousands of traders and investors. Joey offers a comprehensive suite of services, including private consultations, mentorship programs, and online courses, designed to equip clients with proven trading strategies and insights for maximizing returns. His innovative approach includes tools such as the 1GT (One Good Trend) Indicator and tailored guidance, ensuring his clients stay ahead in the competitive trading environment.

Joey’s services extend beyond traditional brokerage, offering a unique blend of education, support, and actionable insights. From his highly acclaimed monthly subscription service to his intensive bootcamps and personalized one-on-one consultations, he empowers traders to make informed, data-driven decisions. Joey has also been recognized as one of Singapore’s most-followed stock trading trainers, with regular contributions to platforms like InvestingNote and SGX Academy. By leveraging his extensive experience, including a tenure at Goldman Sachs, Joey provides clients with unparalleled access to market analysis, top stock picks, and exclusive training resources. His commitment to client success and personalized support has made him a trusted partner for traders seeking clarity and confidence in the stock market.

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3. Ocbc Securities

★ ★ ★ ★ ★ 2,3/5

18 Church St, #01-00 OCBC Centre South, 49479, Singapore

Stock broker

Why we chose them

OCBC Securities is a trusted name in the financial sector, specializing as a stock broker. Known for its robust platform and a strong commitment to client security, the company provides essential tools and resources to help individuals and businesses navigate the complexities of securities trading. With a focus on tailored investment strategies, customers are encouraged to seek independent financial advice to ensure trades and products align with their specific objectives, financial situations, and needs.

The company emphasizes transparency, caution, and informed decision-making, ensuring clients are well aware of the risks involved in securities trading. Backed by years of expertise, OCBC Securities offers a wealth of research, seminars, and trading solutions designed to empower clients in their financial journey. Their dedication to privacy, accuracy, and timely updates further underscores their reliability as a trusted partner in investment services.

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4. Uob Kay Hian

★ ★ ★ ★ ★ 3,8/5

8 Anthony Rd, #01-01, 229957, Singapore

Stock broker

Why we chose them

UOB Kay Hian stands out as a leading provider of stock brokerage services, catering to individuals and businesses seeking reliable and efficient investment solutions. With a strong focus on empowering clients to make informed financial decisions, the company offers a comprehensive platform designed for seamless trading experiences. Their expertise in the financial markets and commitment to client satisfaction make them a trusted choice for investors at all levels.

What sets this company apart is its dedication to delivering top-notch brokerage services through a user-friendly platform, accessible via their website. By prioritizing innovation and client needs, they have established themselves as a key player in the competitive financial services industry. Their reputation as a dependable stock broker is a testament to their unwavering commitment to excellence and professionalism.

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5. Lim & Tan Securities

★ ★ ★ ★ ★ 2,8/5

16 Collyer Quay, #15-00 Collyer Quay Centre, 49318, Singapore

Stock broker

Why we chose them

Lim & Tan Securities Pte Ltd., established in 1973, is a prominent name in Singapore’s retail stock broking industry. Recognized for its innovative approach, the company was among the first to introduce Internet Share Trading in October 1998, revolutionizing how investors access the stock market. Its user-friendly online trading platform offers multiple channels for clients to check prices and execute trades effortlessly. With advanced features like a unique web chart providing up to 10 years of data, real-time alerts, and signals, the platform caters to both novice and seasoned investors. The company also stands out for offering trading accounts with no cash upfront required and broker-assisted accounts, ensuring flexibility and support for all trading needs.

Clients trading with the company can benefit from earning NTUC LinkPoints, adding value to their investment journey. The company’s commitment to customer service is evident through its dedicated team of dealers and customer service officers, always ready to provide assistance. With a strong focus on innovation and customer-centric solutions, this stock broker has cemented its position as a reliable and forward-thinking choice for retail investors in Singapore.

Frequently asked questions

What services do stock brokers in Singapore typically offer?

Stock brokers in Singapore provide a range of services including access to trading platforms, market research tools, investment advisory, portfolio management, and trading in stocks, ETFs, bonds, forex, and derivatives. Some also offer robo-advisory services and educational resources like webinars and tutorials.

What are the typical brokerage fees charged by stock brokers in Singapore?

Brokerage fees in Singapore usually range from €4.50 to €22 per trade, depending on the broker and the type of trading account. Additional fees may apply for currency conversion, account maintenance, or accessing premium features.

How do I choose a good stock broker in Singapore?

To choose a good stock broker, consider factors such as platform usability, brokerage fees, the range of investment products offered, access to local and global markets, customer support quality, and regulatory compliance with the Monetary Authority of Singapore (MAS). It’s also helpful to check user reviews and the broker’s educational resources.

What is the timeline for opening a trading account with a stock broker in Singapore?

Opening a trading account typically takes 1 to 3 business days, provided all required documents (like identification and proof of address) are submitted correctly. Some brokers offer instant account setup for digital applications, while others may take longer for verification.

What key considerations should I keep in mind before selecting a stock broker in Singapore?

Key considerations include the broker’s fee structure, the range of available investment products, access to global markets, the quality of their trading platform, regulatory licensing, customer support channels, and any additional features like margin trading or robo-advisory services.

Are there any minimum deposit requirements for opening a trading account in Singapore?

Yes, most stock brokers in Singapore have a minimum deposit requirement, which can range from €0 to €1,800, depending on the broker and the type of account. Some brokers may waive this requirement for basic accounts or promotions.

What payment methods are accepted by stock brokers in Singapore for deposits and withdrawals?

Stock brokers in Singapore usually accept bank transfers, credit or debit cards, and online payment platforms for deposits. Withdrawals are typically processed via bank transfers, and processing times can range from 1 to 5 business days.

Is it important to work with a stock broker regulated by the Monetary Authority of Singapore (MAS)?

Yes, it’s crucial to work with a stock broker regulated by the MAS, as this ensures the broker adheres to strict financial and operational standards, offering better security and protection for your investments.