Singapore has a thriving financial market with a robust regulatory framework, making it a favorable destination for beginner traders. With a variety of brokers offering access to stocks, Forex, crypto, and CFDs, Singapore’s trading ecosystem is well-equipped for both local and international investors. Below, we explore the top brokers in Singapore for 2025 across different categories.
Top Discount Brokers in Singapore for 2025
Discount brokers are ideal for cost-conscious traders as they offer low fees and simple platforms.
- Tiger Brokers
- Strengths: Low fees, seamless app experience.
- Best for: Budget-conscious beginners exploring global markets.
- Moomoo
- Strengths: Commission-free trades, robust tools for beginners.
- Best for: New traders seeking an intuitive platform.
- Interactive Brokers
- Strengths: Global market access, fractional shares.
- Best for: Investors aiming for international exposure.
- FSMOne
- Strengths: Comprehensive ETF options, low transaction costs.
- Best for: Beginners focusing on ETFs and mutual funds.
- Saxo Markets (Basic Account)
- Strengths: Affordable entry-level account, diverse asset options.
- Best for: Traders starting with small capital.
Top Full-Service Brokers in Singapore for 2025
Full-service brokers provide tailored investment advice, portfolio management, and access to in-depth market research.
- DBS Vickers
- Strengths: Integrated banking and trading services, personalized advice.
- Best for: Beginners combining banking and trading needs.
- OCBC Securities
- Strengths: Comprehensive research, excellent customer support.
- Best for: Investors looking for detailed market insights.
- UOB Kay Hian
- Strengths: Strong local expertise, professional advisory services.
- Best for: Beginners seeking guidance for long-term investments.
- PhillipCapital (POEMS)
- Strengths: Wide range of investment tools, experienced advisors.
- Best for: New traders needing hands-on support.
- Maybank Kim Eng
- Strengths: Regional expertise, wealth management services.
- Best for: Beginners interested in Southeast Asian markets.
Top Forex Brokers in Singapore for 2025
Forex brokers in Singapore provide access to global currency markets, often with competitive spreads and advanced tools.
- OANDA
- Strengths: Tight spreads, excellent educational resources.
- Best for: Beginners learning the basics of Forex trading.
- IG Markets
- Strengths: Strong research tools, wide currency pair options.
- Best for: Traders exploring advanced strategies.
- CMC Markets
- Strengths: Low-cost Forex trading, intuitive platform.
- Best for: Beginners focusing on cost-effective strategies.
- Saxo Markets
- Strengths: Comprehensive Forex offerings, professional-grade tools.
- Best for: Intermediate beginners scaling up their trading.
- AvaTrade
- Strengths: Fixed spreads, strong regulatory framework.
- Best for: New traders needing stable costs.
Top Crypto Brokers in Singapore for 2025
Cryptocurrency trading is booming in Singapore, with brokers offering secure platforms to trade Bitcoin, Ethereum, and more.
- Crypto.com
- Strengths: User-friendly app, low transaction fees.
- Best for: Beginners exploring crypto investing.
- Binance
- Strengths: Extensive cryptocurrency options, competitive fees.
- Best for: Traders looking for variety.
- Coinbase
- Strengths: Secure wallet options, intuitive interface.
- Best for: First-time crypto investors.
- Kraken
- Strengths: Advanced security, reliable trading tools.
- Best for: Safety-conscious beginners.
- Gemini
- Strengths: Regulated platform, user-friendly experience.
- Best for: Beginners prioritizing compliance and ease of use.
Top Stocks Brokers in Singapore for 2025
Stock brokers provide access to local and global equities, making them essential for building a diversified portfolio.
- Tiger Brokers
- Strengths: Low-cost access to international stocks.
- Best for: Beginners interested in global equities.
- FSMOne
- Strengths: Strong ETF and mutual fund offerings.
- Best for: Investors seeking a mix of stocks and funds.
- PhillipCapital (POEMS)
- Strengths: Access to the Singapore Exchange (SGX), research tools.
- Best for: Local stock market investors.
- DBS Vickers
- Strengths: Integrated banking and stock trading.
- Best for: Long-term stock investors.
- Saxo Markets
- Strengths: Wide global market coverage, fractional shares.
- Best for: Beginners building a diversified portfolio.
Top Options Brokers in Singapore for 2025
Options trading provides flexibility in speculation and hedging strategies. These brokers offer tools to help beginners understand derivatives.
- IG Markets
- Strengths: Excellent options trading tools, strong educational content.
- Best for: Beginners learning advanced trading strategies.
- Interactive Brokers
- Strengths: Low fees, global options market access.
- Best for: Advanced beginners exploring derivatives.
- Saxo Markets
- Strengths: Professional tools, wide range of contracts.
- Best for: Traders wanting flexibility.
- CMC Markets
- Strengths: Easy-to-use interface, reliable execution.
- Best for: Beginners exploring options for the first time.
- TD Ameritrade
- Strengths: Comprehensive research tools, free educational content.
- Best for: Beginners focused on learning options trading.
Top CFD Brokers in Singapore for 2025
CFD brokers allow traders to speculate on price movements across various assets without owning them, offering flexibility and leverage.
- Plus500
- Strengths: User-friendly platform, diverse CFD options.
- Best for: Beginners exploring speculative trading.
- Pepperstone
- Strengths: Competitive spreads, excellent customer support.
- Best for: New traders looking for cost efficiency.
- CMC Markets
- Strengths: Advanced tools, strong research capabilities.
- Best for: Technical traders.
- AvaTrade
- Strengths: Transparent pricing, robust educational tools.
- Best for: Beginners focusing on CFD fundamentals.
- IG Markets
- Strengths: Comprehensive CFD tools, competitive fees.
- Best for: Active traders seeking advanced tools.
Conclusion
Singapore offers a wide array of brokers catering to different trading styles and asset classes. Beginners should focus on platforms that provide user-friendly tools, educational resources, and reliable customer support. Choosing the right broker in 2025 can set the foundation for a successful trading journey.