Best Investment Sign-up Promotions In Singapore (2023)

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 an investment portfolio is part of your financial resolutions for 2023, 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 in 2023.

• Tiger Brokers
• moomoo
• Webull
• StashAway
• POSB InvestSaver
• POEMS Share Builders Plan
• POEMS Unit Trust Transfer In 
• HSBC Unit Trusts

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Tiger Brokers: Free Grab 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$0.01 per share for US stocks and ETFs, while service fees for Hong Kong, China, Australia and Singapore range from 0.06% to 0.10% 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 29 May to 30 June 2023:

• Fund your account with a minimum of S$300 in a single deposit to receive US$10 Apple fractional shares (NASDAQ: AAPL)
• Fund your account with a minimum of S$1,000 in a single deposit and execute five new buy trades during the promotion period and receive US$30 Apple fractional shares and one sure-win draw attempt to win one free stock worth between S$13 to S$285
• Activate the auto-sweep feature on Tiger Vault for the first time on your newly-approved account to enjoy a 30-day interest bonus boosed to 6% p.a. Limited for the 5,000 eligible rewards
• 180 days of unlimited trades for U.S. stocks
• 365 days of unlimited commission-free trades for HK, SG, and China A stocks
• Five commission-free trades for U.S. options within 30 days

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 commission fees are 0.03%, with a minimum commission fee of US$0.99, HK$3 or S$0.99 depending on the market you're trading. There is also no custodian fee incurred.

You can sign up with moomoo today to enjoy the following upon successful opening of a Futu SG securities account:

• Lifetime commission-free trading for the U.S market
• Free access to real-time Lvl 2 Market Data for the U.S stock market
• Free access to real-time Lvl 1 Market Data for the SG stock market
• Free access to real-time Lvl 1 Market Data for China A Shares market

• S$2 cash coupon every day for 10 days when you deposit at least S$100 before 30 June 2023 and maintain at least S$100 in your account during that period

• One free Coca-Cola (KO) share worth around S$80 when you deposit a cumulative amount of at least S$2,000 before 30 June 2023 and complete at least two buy trades before 7 July 2023 while maintaining their assets for 30 days

• One S$108 cash coupon when you deposit a cumulative amount of at least S$10,000 before 30 June 2023 and make at least seven buy trades before 7 July 2023

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Webull: Receive S$100 cash reward when you sign up for an account

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. 

Currently, you can enjoy a S$50 cash reward via PayNow when you open a Webull account for the first time with SingSaver. All you need to do is to fund a minimum of S$100 during the campaign period (1 June to 31 July 2023). 

You can also receive up to 40 free shares, a chance to win a Tesla Model 3 and 0-commission trading for US Stocks and ETFs when you fund and maintain S$100 in your Webull account for 30 days.

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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 InvestSaver account 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 2023 to 30 June 2023. Eligible customers will enjoy cashback for your RSP contribution made till 30 September 2023. You have to continue the RSP for three consecutive months for your cashback to be disbursed.

Promo valid till: 30 June 2023

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. (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.

Promo valid till: 30 June 2023

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.

Promo valid till: 30 June 2023

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)
Got S$50? Here Are 3 Easy Investments To Start Growing Your Money (And 1 To Avoid)