Best Trading Apps in Singapore

The Top 5 Trading Apps in Singapore

Gone are the days of relying on actual brokers to buy and trade stocks. These days, you can do it yourself with just a few clicks, a decent WiFi connection, and trading knowledge.

Today, we’re listing down the best trading apps in Singapore for beginners and seasoned traders. We’ve reviewed their commission fees, interface, customer service, and other things you should know.

So if you’re ready, let’s dive right into it!

What are the fees involved in using trading apps?

In the traditional sense, traders pay fees to brokers for a variety of services, whether it’s buying and selling stocks or asset management. The same idea applies to using trading apps—you pay a commission fee every time you make a trade.

Apart from commission fees, online trading platforms or apps also charge other fees such as platform fees, maintenance fees, and other applicable fees depending on your transaction. 

This varies per trading platform, so it’s important to check the corresponding fees of your chosen platform before making a trade. 

For our picks, we noted the commission fees you can expect when using their platform. To get the full details of their fees, visit their respective websites linked below. 

Trading PlatformCommission Fees
Tiger BrokersFrom $0.005/share (US stocks)

From 0.03% (HK stocks)

From 0.04% (SG stocks)

From 0.03% (China A-shares)

From 0.03% (AU stocks)

Moomoo$0.0099/share (US stocks)

0.03% (HK stocks)

0.06% (SG stocks)

0.03% (China A-shares)

Interactive BrokersNo fees (US-listed stocks and ETFs)

0.08% (SG stocks)

0.08% (HK stocks)

€3 (fixed for trades up to €6,000)

Saxo Markets0.02% to 0.06% (US stocks, varies per plan)

0.03% to 0.08% (SG stocks, varies per plan)

POEMS$3.88 (flat fee for US-listed stocks and ETFs)

0.08% (SG stocks)

0.08% (HK stocks)

The Best Trading Apps in Singapore

Here’s a quick run-through of our selection criteria:

Market access – We made sure to include trading apps and platforms that can give you access to a wide range of markets like gold and cryptocurrency, just in case you want to diversify your portfolio. 
Ease of use Good trading apps should be easy to use from the get-go. We tested each app to see if its features were beginner-friendly. 
Customer support – Things can still go wrong sometimes, especially if money is involved. We made sure that each platform has a good customer support team to help you settle issues efficiently. 
Commission fees – Need we say more? We also considered low commission fees to give you high returns. 

Alright, here are our top picks of the best trading apps in Singapore!

1. Tiger Brokers

Tiger Brokers' Homepage
TitleInfo
FEATURESReal-time stock quotes (US/HK/SG/CN/AU stocks), profit and loss analysis, in-depth analytics, screeners and candlestick charts, futures, financial news, economic calendar, etc.
WEBSITEhttps://www.tigerbrokers.com.sg/
ADDRESS#29-04, Singapore Land Tower, 50 Raffles Place, Singapore 048623
CONTACT DETAILS+65 6950 0591 or +65 6331 2277 | [email protected]
OPERATING HOURSMon to Fri: 8:30 am - 6:30 pm

Market access

Ease of use

Customer support

Commission fees

It’s clear why Tiger Brokers made it to our list. They easily tick all the boxes in our selection criteria, which is why we won’t hesitate to name them as one of the best trading apps you can download to kickstart your trading journey. 

We found them to be a good starting point for beginners. The platform is fairly clear and easy to navigate—perfect for beginner investors who may not be very familiar with advanced features. 

While more experienced traders may find it “too simple” for their taste, the platform still does a decent job in several main functions. This includes real-time stock quotes, trading stocks, transferring funds, and more.

Not to mention that they also have a good range of markets available. Unfortunately, they don’t really cater to cryptocurrency trading and other options at the moment, but we heard that they’re continuously finding ways to expand their markets. 

We also like the fact that they have one of the lowest commission fees around. For instance, their commission and platform fees for US stocks is set at $0.005 per share. 

Customer service can be a hit or miss, though. 

There are times when they can be incredibly busy, taking a long time to reply. Sometimes they can also be very prompt in responding to queries.

There’s an option to chat in-app to make things a little bit more convenient, but it can take a while before receiving a response at times. Still, there are other options available to reach them, so that makes up for this drawback, at least. 

Pros

  • Wide market range
  • Ideal for beginners
  • Low commission fees
  • Easy to use platform
  • Available in web and mobile platforms (Apple, Android, Windows)

Cons

  • Relatively slow customer support
  • No customer support on weekends

Customer Reviews

Easy to buy and sell stocks

“I’ve been using Tiger Brokers for almost 8 months now. It’s a great and simple app that makes it easy to buy and sell stocks. My account has been active for over 6 months with no problems. I’m able to check my portfolio, place trades, set price alerts, and get stock quotes all within the app.” —Shannon Lee, Google Reviews

Been using it for years now

“I have nothing but good things to say about this app. I’ve been using it for years now, and the new design is awesome! The app allows me to track the stocks I want in a simple way. They have an excellent customer service team who get back with you very fast. I highly recommend this app to anyone who wants a great look into the stock market, as well as a great platform to build their portfolio on.” —Dyan Barnes, Google Reviews

2. Moomoo

Moomoo's Homepage
TitleInfo
FEATURESUS stocks, HK stocks, SG stocks, U.S. stock options, futures, ADRs, Exchange Traded Fund (ETFs), REITs, financial news, trading analytics
WEBSITEhttps://www.moomoo.com/sg
CONTACT DETAILS+65 6439 1100 | [email protected] | [email protected]
OPERATING HOURSMon to Fri: 9:00 am - 6:00 pm

Market access

Ease of use

Customer support

Commission fees

Moomoo is another trading platform that’s particularly known for their low commission fees. This one-stop investment platform has all the trading tools you need to help you make an informed decision. 

Moomoo has a decent range of investment choices including US stocks, SG stocks, futures, ETFs, REITs, and more. While they may not have the widest markets available right now, they’re also constantly expanding their options. 

Generally, we found their mobile app to be easy to use for beginners. However, we can also understand why some users may feel daunted a bit by it initially, seeing that it can feel a bit cramped sometimes. 

We think that the desktop app can also feel a bit text-heavy and outdated. In that case, we recommend using their mobile app instead of the desktop version, simply because the mobile interface is better. 

Another thing we like about them is customer support. Overall, their customer service team is consistently prompt and helpful.

We even heard that they also respond to clients as late as 1 AM, despite having official customer support hours—and that gets points from us! 

Pros

  • Ideal for beginners
  • Good customer support
  • Low commission fees
  • Easy to use mobile platform
  • Available in web and mobile platforms (Apple, Android, Windows)

Cons

  • Web app may feel text-heavy
  • Relatively limited markets

Customer Reviews

Excellent customer service team

“Futu has an excellent Customer Service Team. Kudos to Lynda, Rachel and Winnie for assisting me to resolve my voucher issue. It was a very smooth process without any hiccups. They are very responsive in replying to my emails. At times, I even received emails from them after working hours. Very responsible and passionate about their work. This is what an “A Team” should be. Your boss has very good insight to make the decision to hire this team.” —Edmund Fong, Google Reviews

App is very intuitive

“I opened my account last month, and so far so good. Opening was very easy, from submitting details, to transferring of funds and activating the account. I think everything was done in about 5-hrs, then got my free Apple share the next day. The app is very intuitive, perhaps too much details for beginners but it also enable you to want to learn more about stocks investing. They also have these points reward & task centre which is fun. Not sure why have so many negative reviews here! I haven’t tried contacting the customer service so i cannot say anything about it.” —JK Hrndz, Google Reviews

3. Interactive Brokers

Interactive Brokers' Homepage
TitleInfo
FEATURESTrade stocks, options, futures, currencies, bonds, gold, cryptocurrencies, advanced quotes and research, analysis tools, etc
WEBSITEhttps://www.interactivebrokers.com/en/trading/tws-mobile.php
ADDRESS#40-02A, Asia Square Tower 1, 8 Marina View, Singapore 018960
CONTACT DETAILS800-101-3456
OPERATING HOURSMon to Fri: 8:00 am - 5:00 pm

Market access

Ease of use

Customer support

Commission fees

Interactive Brokers earns a spot here primarily because of their extensive range of markets. Apart from stocks, you also have the option of trading or investing in US spot gold, cryptocurrencies, bonds, and more. 

Off the bat, we can see that Interactive Brokers isn’t really for beginners, but rather for more seasoned traders. One indication of this is their interface, seeing that they have all these features that make it difficult for beginners to understand and use. 

The app can also be quite unstable, especially when the market is volatile. Furthermore, you’ll have to pay extra if you want to access real-time stock quotes, much to the dismay of frequent traders. 

Overall, it takes some time to get used to the platform, but it shouldn’t be much of a problem considering that you can customise your layout. 

We do like how flexible their features are in trading and funding trades though. Here, you can fund your account using any one of 24 currencies, and trade any product in a different currency. 

We also like the fact that there are zero commissions on US stock trading—no minimum and maximum amounts. Otherwise, fixed rates apply for non-US listed stocks and ETFs, which are still considerably low. 

As far as customer support is concerned, it can also be a bit inconsistent. Queues are either short or long, depending on the day.

Pros

  • Wide market range
  • Customisable layout
  • No commissions on US stock trading
  • Relatively low commission fees
  • Available in web and mobile platforms (Apple and Android)

Cons

  • Interface not beginner-friendly
  • App can be unstable
  • Customer support can be slow

Customer Reviews

Commission rates are the most transparent

“It’s one of the few brokerage that allows one to access all markets in the whole world – EG: TD only offers US, some of the other brokerages also only offers a small subset of the world’s exchanges. The commission rates are the most transparent and low if one were to consider all sorts of hidden fees that other brokerages like to add – FX Spreads, custodian fee, dividend handling fee, corporate action fee, etc. Mobile app’s UI is good. TWS has a steep learning curve, but is the most versatile, allowing one to customise the UI to one’s own requirements.” —Sean, Seedly

Commission is super cheap

“Main selling point is that the commission is super cheap. The platform fee of $10/month may seem a lot at first but if your portfolio is >100k USD or if you’re under 26 years old the platform fee becomes $3/month. The platform fee can also be covered by trading commissions, so the more trades you make a month, the platform fee to be paid for that month will be reduced accordingly.” —Ang Yong Ming, Seedly

4. Saxo Markets

TitleInfo
FEATURESCurated stock lists, gainers and losers, and trending investment themes, stocks, mutual funds, ETFs, bonds, managed portfolios, performance analysis
WEBSITEhttps://www.home.saxo/en-sg/platforms/overview
ADDRESS3 Church St, #30-00 Samsung Hub, Singapore
CONTACT DETAILS+65 6303 7800 | [email protected]
OPERATING HOURSContact for more information

Market access

Ease of use

Customer support

Commission fees

If there’s one thing that makes Saxo Markets stand out from the rest, it’s flexibility. Saxo Markets has different types of trading platforms to cater different experience levels, from beginners to experienced traders.

For instance, SaxoInvestor is the one to choose if you want a straightforward investment platform that provides you a quick way of managing your trades and other common investment products. 

The app, available in the App Store and Google Play, has everything beginners need to trade and keep track of their stocks, ETFs, mutual funds, and bonds—no complicated features to worry about. There are also a bunch of educational tools perfect for novices.

Meanwhile, more experienced traders will benefit more from SaxoTraderPRO or SaxoTraderGO, both of which contain more advanced tools like CFD trading and options.

All things considered, we can say that their platforms are pretty easy to use, relative to the user’s knowledge and skill level, of course.

When it comes to pricing, commission fees will be adjusted depending on the plan you choose. While there’s a free plan available, it’s a shame to see that commission fees can be quite high.

For example, commission fees for US stocks are fixed at $3 under the free plan. Meanwhile, the “diamond” plan has fixed commission fees for US stocks at $0.65. 

Customer support features will also depend on the plan you choose. For instance, “platinum” and “diamond” plan users will get priority phone support while those with lower tier plans have to rely on regular digital support. 

Pros

  • Wide market range
  • Several platforms available for different skill levels
  • Available in web and mobile platforms (Apple and Android)
  • Easy to use platform
  • Relatively fast customer assistance 

Cons

  • High commission fees under free plan
  • Limited features under free plan 

Customer Reviews

Highly recommended for new and experienced investors

“One of the most intuitive and user friendly platforms out there in the market. Offers a wide range of asset classes across global markets – perfect for the multi asset long-term investor. Margin calculations can be easily understood from the interface. Performance analysis is also very useful to understand the return drivers of your portfolio better. Highly recommended for both new and experienced investors! However, for a basic account user, there is no 24/7 chat available although all of your queries can be addressed via a ticket system and usually takes a few working days to be resolved. The customer support gets better for platinum accounts and above.” —Asyraf Salman, Google Reviews

No issues whatsoever with transfer of funds

“I’ve been using Saxo for approx 6 months. Very happy with the app & overall UI experience with the platform. Excellent customer service via phone: no wait time & v prompt follow up. Ticket response time could be improved. Fees vs local bank platforms is one of the reasons i’m happy with Saxo. No issues whatsoever with transfer of funds. Overall, would highly recommend.” —Charlie Reiser, Google Reviews

5. POEMS

POEMS' Homepage
TitleInfo
FEATURESStocks & shares, ETFS, unit trust, bonds, excess funds management, managed account services, securities advisory service, Phillip smart portfolio, money market fund, regular savings plan, supplementary retirement scheme (SRS), gold, etc.
WEBSITEhttps://www.poems.com.sg/
ADDRESSNearest location available here
CONTACT DETAILS+65 6531 1555 | [email protected]
OPERATING HOURSMon to Fri: 8:45 am - 12:00 am

Market access

Ease of use

Customer support

Commission fees

POEMS is a homegrown company offering a suite of trading platforms. Just like with our previous entry, you can choose among different trading platforms depending on your skill level and needs.

For instance, POEMS 2.0 is their flagship platform with access to over 40,000 products across 26 exchanges worldwide including stocks, ETFs, gold, futures, and much more. We found that it’s equipped with all the basic features that beginners need to manage their accounts.

Both web and mobile platforms are fairly simple to use. We also like how helpful some features are such as “live order notifications,” which get you customisable, real-time updates for your orders. 

There are also other specialised platforms for professional traders and active traders. For example, Phillip FXTrader gets you access to multibank quotes with one click. 

On the other hand, POEMS Pro allows you to fully customise your workspace according to your needs. It works best for seasoned traders as it supports multi-screens and other risk management features. 

We also heard that customer service is generally fast in answering queries, whether it’s through email or phone calls. 

While they don’t really have the lowest commission fees around, we found them to be generally reasonable. It’s a bummer to see them charge a holding fee for inactive users, so make sure to take that into account as well. 

Pros

  • Wide market range
  • Several platforms available for different skill levels
  • Available in web and mobile platforms (Apple and Android)
  • Relatively fast customer assistance 
  • Easy to use platform

Cons

  • Relatively high commission fees
  • Holding fee applies for inactive users

Customer Reviews

Happy with my trading experience

“Have been using Poems ever since I started trading 🙂 happy with my trading experience thus far, hence no wish to change to other platforms. Customer support provides accurate information, and refers us to our brokers when they are unable to provide exact details pertaining to our accounts.” —Abundance Rebecca Chiang, Seedly

Transfer of funds is also very friendly

“Personally, I like the cash plus account when I trade Singapore shares. For US shares, it’s also competitive to other bromate films. The transfer of funds is also very friendly. Last but not least, these are not possible with support from my best broker Mr Tan Pheng Hong (AL9).” —Kian Chong Lim, Seedly

FAQs about Trading Apps

More Resources about Investment in Singapore