Best Investment Sign-up Promotions In Singapore (2024)

Here are the latest investment sign-up offers that can save you money and boost the growth of your portfolio.

Everybody loves a good deal, and when it comes to investing, the best deals are the ones that give you free money. 

If starting a profitable investment portfolio is one of your financial goals, you’ll want to take advantage of sign-up promos and deals that save you money when investing and help your fledging account grow that little bit faster.

Promos and offers aren’t the full story

While promos are good, you shouldn’t jump into opening an account just because you see a good one. 

You should always take the time to understand the investment platform and product fully and find out what fees you will need to pay after the promotion is over, and only proceed if there is a good fit with your goals, timeline and budget. 

Investments work best over time, and starting and stopping or switching between platforms and products will incur a chunk of fees – which means money wasted. 

With that in mind, here are some of the best investment sign-up promos for Singaporean investors.

Table of contents

• Promotion overview
• Tiger Brokers
• moomoo
• CMC Invest
• Webull
• StashAway
• POSB InvestSaver
• POEMS Unit Trust Transfer In 
• HSBC Unit Trusts

Promotion overview

Tiger Brokers: Free Apple share, commission-free trades, and zero platform fee for a year

Home-grown trading platform Tiger Brokers offers a mix of Singapore stocks, ETFs and REITs, as well as selections from popular global markets such as the USA, China, and Australia.

They also offer a mix of indices, commodities, bonds, options and futures, so there’s something for investors of all appetites and experience levels.

Tiger Brokers sets very attractive pricing for its fees, starting at US$0.005 per share for US stocks and ETFs, while service fees for Hong Kong, China, Australia and Singapore range from 0.03% to 0.07% of trade value.

With such low rates and access to popular trading markets and products, Tiger Brokers is a good choice to start your trading journey. 

Signup Promotion: 

Tiger Brokers is running a welcome promo from 22 December 2023 to 15 April 2024:

• Sign up and open an account with Tiger Brokers (Singapore) Pte Ltd ("TBSPL") during the promotional period to receive 365 days of unlimited commission-free trades for HK, SG, and China A stocks and 180 days of unlimited trades for U.S stocks
• Activate the Auto-sweep feature on Tiger Vault for the first time on your newly approved account to enjoy a 30-day(trading days only) interest bonus boosted to 8% p.a. Limited to the first 2,000 eligible rewards
• Fund your newly approved account with any amount and claim three months SGX LV2 advanced quotes (worth S$60). The SGX LV2 advanced quotes reward is only available to Singaporeans and users based in Singapore.
• Fund your newly approved account with S$300 or more in one single deposit during the promotion period to receive US$10 of Apple fractional shares (NASDAQ: AAPL)
• Fund your newly approved account with S$1,000 or more in one single deposit and execute five new BUY trades during the promotion period to receive US$30 of Apple fractional shares (NASDAQ: AAPL) and one sure-win draw attempt to get one free stock valued between US$8.8 to US$888

moomoo: Lifetime commission-free trading for U.S stocks, cash coupons, and free market data access

moomoo is one of the most popular online brokerages in Singapore, allowing users to trade US, HK, or SG stocks.

moomoo charges zero commission fees for US stocks and a minimum commission fee of 0.03% of the investment amount or HK$3 (whichever is higher) for HK stocks.  For Singapore stocks, the commission fee is waived off for a year, and 0.03% of the transaction amount (min. S$0.99) subsequently. There is also no custodian fee incurred.

You can sign up with moomoo today to enjoy up to S$970 worth of welcome rewards upon successfully opening an account from 1 April to 1 July 2024:

Reward 1:

Upon successful opening of a moomoo SG securities account, you’ll enjoy:

• Lifetime commission-free trading for the U.S market
• One year free commission-free trades for SG market (stocks, ETFs, and REITs)
• Commission-free trades on US options for up to 100 contracts every month, effective till 31 August 2024
• Commission-free trades for US treasuries and SGS bonds, effective till 30 June 2024
• Free access to real-time Lvl 2 Market Data for the U.S stock market
• Free access to real-time Lvl 2 Market Data for the SG stock market, effective till 31 December 2024
• Free access to real-time Lvl 1 Market Data for Hong Kong market
• Free access to real-time Lvl 1 Market Data for China A Shares market
• moomoo Cash Plus 6.8% p.a. guaranteed returns of up to S$447, valid for 30 days

Reward 2

If you deposit a cumulative amount of at least S$3,000 (or equivalent currencies) before 1 July 2024, perform three cumulative buy trades before 8 July 2024, and maintain your assets for 30 days, you will receive the following: 

• • One stock bundle consisting of Tesla (TSLA), Nvidia (NVDA), Apple (APPL), Sea (SE), and NIO (NIO) fractional shares worth around S$70.  

Reward 3

Deposit a cumulative amount of at least S$10,000 (or equivalent currencies) before 1 July 2024, maintain it for 90 days and perform eight cumulative buy trades before 8 July 2024 to receive three stock bundles of Apple, Nvidia, Tesla, and Sea and NIO fractional shares worth S$210. 

Reward 4

Deposit a cumulative amount of at least S$100,000 (or equivalent currencies) before 1 July 2024 and maintain it for 90 days to receive one Apple share worth S$243.

Note that rewards are stackable.

CMC Invest: get up to S$20 cash rebate when you make two trades; free ETF and Tesla shares 

CMC Invest is a newly-launched trading platform that offers affordable pricing with no fees for platform usage, maintenance, account inactivity, custody, and deposits and withdrawals. On top of this, you'll also get two to five free trades per month. With CMC Invest, you can invest in stocks, ETFs, mutual funds, Options, bonds, and more in over 15 markets.

CMC Invest is currently running a welcome promo with SingSaver where you can get S$20 voucher when you open an account and receive 1 free Bank of America share when you fund at least S$500 and make two trades. Offer ends on 2 May 2024.

Additionally, CMC Invest is also offering cash rebates and free shares:

• Up to S$500 worth of Nike and Tesla stocks when you fund at least S$10,000 and make at least three trades worth S$3,000. Promotion ends 31 May 2024
• Up to S$300 cash rebate when you transfer your positions to CMC Invest

Webull: Receive up to S$230 cash reward/ S$250 Grab vouchers via SingSaver, plus get up to US$2,950 worth of NVDA shares 

Webull is a popular US broker and is one of the latest entrants in the online brokerage space in Singapore. It's also regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) License and the Securities and Futures Act 2001. 

Currently, you can trade in US stocks, ETFs, and HK stocks and options. There's no minimum balance needed to invest and it also doesn't charge any commission fees and platform fees, but there are still other fees to look out for, including high spreads, GST and bank handling fees. Read our review of Webull to find out more. 

You can enjoy an S$100 cash reward or S$110 Grab vouchers when you open a Webull account with SingSaver. All you need to do is to fund a minimum of S$700 during the campaign period (valid until 30 April 2024). You'll also get an additional S$130 cash (S$230 total) or S$140 Grab vouchers when you fund at least S$2,000.

Meanwhile, Webull is offering several welcome rewards as well.  You'll receive five free shares when you deposit and maintain a minimum of US$500.

You can receive another 15 NVDA (Nvidia) shares when you complete 5 buy trades. 

Lastly, get up to US$2,950 worth of NVDA shares when you subscribe to Moneybull and fund and maintain US$100,000. Valid till 30 April 2024. 

StashAway: Management fee waiver on up to the first S$40,000 invested

StashAway is a known name in the robo-advisory space, being one of the first platforms made available to investors. With StashAway, you can invest both cash and Supplementary Retirement Scheme (SRS) funds.

StashAway invests in best-in-class ETFs, relying on data and research to select the asset classes that comprise your investment portfolio. There are three different portfolio types for you to choose from: General Investing, Goals-based Investing or the Income Portfolio.

To enjoy the management fee waiver on up to the first S$40,000 you invest with StashAway, you need to make a deposit within four weeks of applying. This management fee waiver applies for the first six months.

POSB InvestSaver: up to S$125 cashback

POSB Invest-Saver is a Regular Savings Investment Plan that lets you invest in ETFs and Unit Trusts (UTs).

Both ETFs and UTs are popular investment products that also tend to benefit from dollar-cost averaging.

Sign up for a new Invest-Saver plan and you'll stand a chance to receive up to S$125 of cashback per Regular Savings Plan when you set up an Invest-Saver plan. 

This promotion is valid for Unit Trust and/or ETF Regular Savings Plans (RSP) set up online from 1 April to 30 June 2024. Eligible customers will enjoy cashback for your RSP contribution made till 30 June 2024. You have to continue the RSP for three consecutive months for your cashback to be disbursed.

POEMS Unit Trust Transfer In: Get S$20 cash reward for every S$10,000 Unit Funds Transferred 

When investing, it is important to pay attention to fees, as they can eat into your profits. As a general rule, the lower the fees, the better.

That’s why investors should take note of POEMS Unit Trust, which offers 0% platform fees, 0% sales charges and 0% switching fees until 30 June 2024. (This does not mean POEMS Unit Trusts is completely free of charge, there may be a sales charge levied in certain circumstances.)

And as if that’s not attractive enough, transfer your Unit Trusts holdings to POEMS now and receive cash rewards. Every S$10,000 worth of Unit Trusts you transfer will net you a S$20 cash reward, capped at S$1,000.

To qualify, your Unit Trusts must be successfully transferred and held in POEMS for a minimum of three months. Applicable only to cash holdings transfers only.

HSBC Unit Trusts: Enjoy preferential rates for time deposits

Unit Trusts charge sales fees as a type of set-up fee, so the more funds you invest into, the more sales fees you’ll incur. 

With HSBC Unit Trusts, you can enjoy a discounted 0.85% sales charge on lump sum investment and initial contribution on Regular Savings Plan (RSP) in Unit Trusts purchased via HSBC's Online Unit Trust platform. This promo is valid till 31 March 2024. 

Start your investment journey today

With the investment promotions on offer, you're given an incentive on top of the desire to grow your wealth. If you're looking to invest in stocks, here are the steps you need to take.

Alternatively, if you're looking for a diversified portfolio for long-term investment growth, you can consider investing with robo-advisors.

Read these next:
Tiger Brokers Review: New Kid On The Block With Low Commissions
StashAway Review: Goal-Getting Investments Through ETFs
Syfe Singapore Review (2021): Multiple Portfolios For Various Investment Objectives
7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)
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