When it comes to investing in stocks—whether on the Singapore Exchange (SGX) or global markets—choosing the right trading platform is crucial. With a growing number of retail investors in Singapore seeking access to diverse financial instruments, competitive pricing, and intuitive tools, selecting a reliable, MAS-regulated broker has never been more important.
This guide highlights the 6 best stock trading platforms in Singapore, evaluated based on market access, trading costs, mobile experience, regulation, and overall value for both beginners and experienced traders.
Interactive Brokers – Best Overall Trading Platform
Interactive Brokers (IBKR) stands out as the top choice for traders in Singapore who want access to both local and international markets. Regulated by the Monetary Authority of Singapore (MAS), IBKR offers seamless trading across 150+ global markets, including the SGX, where it provides access to 637 stocks, 74 ETFs, 720 futures, and more—totaling over 1,696 tradable products.
👉 Discover how a globally connected trading platform can expand your investment options.
Investment Offerings
IBKR supports a comprehensive range of assets:
- Stocks & ETFs from the U.S., Europe, Asia, and Singapore
- Cryptocurrency trading (Bitcoin, Ethereum, Litecoin) with low fees (0.12%–0.18%)
- U.S. spot gold in increments as small as one ounce
- Micro and Small futures contracts for cost-efficient exposure
Its global reach makes it ideal for investors building diversified portfolios across borders.
Trading Costs
IBKR offers two pricing tiers:
- IBKR Lite: Zero commissions on U.S. stocks and ETFs (uses payment for order flow)
- IBKR Pro: Tiered pricing starting at $0.0035/share, dropping to $0.0005 for high-volume traders
For SGX trades, fees are just SGD 2.50 per order, among the lowest in the market.
Mobile Experience
IBKR provides three specialized mobile apps:
- IBKR Mobile: Advanced tools for experienced traders
- GlobalTrader: Beginner-friendly with fractional shares
- Impact: Focuses on ESG-aligned investing
Each app delivers real-time data, advanced charting, and portfolio management.
IG – Best for Beginners and CFD Traders
IG is a trusted name in online trading and ranks highly for user experience and educational support, making it an excellent choice for new investors in Singapore.
Investment Offerings
IG offers CFD trading on over 13,000 stocks, including SGX-listed equities. Traders can also access:
- IPO trading
- After-hours U.S. stock trading (70+ symbols)
- SGD-denominated index CFDs for local market exposure
While CFDs allow leveraged trading, they are not suitable for all investors due to higher risk.
Trading Costs
IG’s pricing is competitive:
- Tight spreads during regular hours
- Volume-based rebates for active traders (eligibility applies)
Though not the cheapest, its balance of cost and platform quality makes it appealing.
Mobile Experience
The IG mobile app delivers:
- Full charting capabilities
- Real-time pricing
- Risk management tools (stop-loss, guaranteed stops)
It syncs seamlessly with desktop and web platforms, ensuring a consistent experience.
👉 Explore how intuitive platforms can help you start investing with confidence.
Saxo – Best for Advanced Investors
Saxo is a premium multi-asset broker serving sophisticated traders. With over $100 billion in client assets, it offers deep market access and powerful tools.
Investment Offerings
Saxo provides 70,000+ instruments across:
- Stocks and ETFs
- Bonds, options, futures
- Forex and CFDs
You can trade on 37 exchanges worldwide, including the SGX.
Trading Costs
- Minimum fee: SGD 3 per trade (Classic account)
- No custody fees for SGX stocks/ETFs
- Market data: SGD 15/month (Level 1), SGD 75/month (Level 2)
Costs are reasonable given the platform’s advanced features.
Mobile Experience
SaxoTraderGO (web/mobile) is user-friendly and great for intermediate users. SaxoTraderPRO offers professional-grade tools with multi-screen support—ideal for active traders.
Both platforms have robust mobile apps with full functionality.
CMC Markets – Best for Research and CFDs
CMC Markets is ideal for traders who value deep market analysis and transparency.
Investment Offerings
With nearly 12,000 tradable products, including SGX stock CFDs, indices, forex, and commodities, CMC Markets gives broad access to global markets. U.S. share CFDs are available during extended hours (4 PM–8 AM SGT).
Trading Costs
- SGX stock CFDs: SGD 10 min or 0.1% of trade value
- U.S. shares: ~USD $0.02/share
- Won 2025 award for lowest commissions and tightest spreads
Transparent pricing appeals to cost-conscious traders.
Mobile Experience
The Next Generation mobile app features:
- Powerful charting powered by TradingView
- Real-time Reuters news
- In-house research (Opto series)
Highly rated for usability and analytical depth.
Charles Schwab – Best for Accredited Investors
Charles Schwab is a global giant with $8.5 trillion in client assets, offering unparalleled resources—but only to accredited investors in Singapore.
Who Qualifies?
To open an account, you must meet one of these criteria:
- Annual income > SGD 300,000
- Net assets > SGD 2 million
Verification is required before approval.
Investment Offerings
Schwab provides access to:
- U.S. stocks, ETFs, and options (no commission)
- Morningstar and CFRA research reports
- The advanced thinkorswim platform for derivatives and active trading
Ideal for long-term investors and active traders alike.
Trading Costs
- Zero commissions on U.S. stocks and ETFs
- No account minimums
Transparent pricing helps keep costs low.
Mobile Experience
Two apps available:
- Schwab Mobile: For everyday investing
- thinkorswim Mobile: For technical analysis and active trading
Both offer real-time data, watchlists, and educational content.
City Index – Best for Flexible Platform Options
City Index, part of StoneX Group (NASDAQ: SNEX), offers a secure, MAS-regulated environment with strong institutional backing.
Investment Offerings
Access to 15,000+ markets, including:
- 6,000+ stock CFDs (SGX included)
- Pre- and post-market U.S. stock trading (150+ symbols)
Platform choices: proprietary Web Trader, TradingView integration, or MetaTrader 4.
Trading Costs
- Stock CFDs: SGD 10 min or 0.08% of trade value
- Competitive forex spreads
- Volume-based rebates available
Slightly higher than discount brokers but justified by platform quality.
Mobile Experience
The mobile app includes:
- TradingView-powered charts
- Real-time Reuters news
- Research from Trading Central
Clean interface and rich functionality make it ideal for on-the-go trading.
Frequently Asked Questions
How do I start stock trading in Singapore?
Begin by opening an account with a MAS-regulated broker. Steps include:
- Complete account registration
- Fund your account via bank transfer or FAST
- Use paper trading to practice risk-free
- Develop a clear investment plan
- Execute your first trade
Choose a broker that aligns with your goals and experience level.
Do I need a CDP account to trade stocks?
Yes—if you're buying physical shares on the SGX. A Central Depository (CDP) account holds your securities electronically. However, if you're trading stock CFDs, no CDP is needed since you don't own the underlying asset.
Which broker has the lowest fees in Singapore?
Interactive Brokers offers the most competitive rates:
- SGD 2.50 per SGX trade (or 0.08%)
- Tiered discounts down to SGD 0.90 for active traders
Also features low forex spreads and transparent pricing.
What’s the best broker for beginners?
IG is the top pick for new investors due to its intuitive platform, drag-and-drop charts, and extensive educational library. While Charles Schwab excels in education, it's only available to accredited investors.
Which trading app is best for beginners?
For non-accredited investors, IG Trading app is ideal—simple layout, real-time data, and integrated learning tools. Schwab’s apps are excellent but restricted to qualified investors.
How do I choose a trustworthy broker?
Look for:
- MAS regulation (ensures fund safety)
- Transparent fee structure
- Strong mobile and desktop platforms
- Quality research and customer support
Top brokers like IBKR, IG, and Saxo meet all these criteria.
👉 See how modern trading platforms are reshaping investor success in 2025.
Whether you're just starting out or managing a global portfolio, the right platform can make all the difference. From low-cost access with Interactive Brokers to beginner-friendly tools at IG or institutional-grade power at Saxo and Schwab, Singaporean investors have excellent options tailored to every level of expertise.