Best Investment Sign-up Promotions In Singapore (2021)

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Here are 9 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 2021, 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 fully understand the investment platform and product, and find out what are the fees you will need to pay after the promotion is over.

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.

You should always take the time to properly research an investment product, and only proceed if there is a good fit with your goals, timeline and budget. 

With that in mind, here are some of the best investment sign-up promos for Singaporean investors in 2021.

Financial institution Type of investment Sign-up promo Valid till
Tiger BrokersStocks, ETFs, REITsSign up for a new account and get: Five commission-free trades, stock vouchers and free market data for US stocks31 Jan 2021
moomooStocks, ETFs, REITs90 days commission-free trading and $30 cash couponNot stated
StashAwayETFsDeposit at least $10,000 and enjoy 6-month management fee waiver
(up to the first S$40,000 invested)
Not stated
EndowusInstitutional fundsInvest at least $10,000 into Endowus Fund Smart to enjoy $100 bonus31 March 2021
POSB InvestSaverETFs and Unit TrustsEnjoy $125 sales charge rebate on InvestSaver transactions30 April 2021
POEMS Share Builders Plan (Regular Savings Plan)Stocks and SharesEnjoy 3 months handling fee rebates31 Mar 2021
POEMS Unit Trust Transfer In Unit TrustsGet $20 reward for every $10,000 worth of Unit Trusts holdings transferred in to POEMS
Maximum reward capped at $1,000
31 Mar 2021
HSBC Unit TrustsUnit Trust Regular Savings PlanEnjoy 0% sales fees for six months on monthly Regular Savings Plan contributions31 Mar 2021
MoneyOwlRobo-advisor (Bonds, Equities)0% fees on first $10,000 
(cash investments only)
31 Dec 2021

Tiger Brokers: Commission-free trades, stock vouchers and free market data

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 US, China and Australia.

They also offer a mix of indices, commodities, bonds 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 USD 1 cent 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: New Tiger Brokers account members enjoy the following perks: 

  • Five commission-free trades 
  • A 10% off coupon to purchase a share of Tesla
  • Stock vouchers of up to $100 (depending on how much is first deposited)

The hottest stock in 2020, signing up with Tiger Brokers will give you a discount of 10% off the share price when you purchase a share of Tesla.

Referral perks: If you’re an existing Tiger Brokers user, you can invite a friend in order for both of you to receive the same perks mentioned above. On top of those perks, you will also receive scratch card rewards for every three friends you invite to open an account!

moomoo: 90 days commission-free trading and $30 cash coupon

moomoo is the latest entrant to the online brokerage space in Singapore, allowing users to trade US, HK or SG stocks. During their pre-launch, they rewarded new users who deposited at least US$2,000 or S$2,700 in the account with one free Apple share.

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.

Since their launch on 8 March 2021, the sign-up promotions have changed slightly. You can sign up with moomoo today to enjoy the following:

  • Commission-free trading for 90 days US, HK and SG markets
  • Free Level 2 market data for US stocks

If you successfully deposit SG$2,700 or US$2,000 or HK$16,000 in your moomoo account, you can also receive:

  • One exclusive Apple stock, limited to the first 10,000 customers
  • S$30 cash coupon

StashAway: Management fee waiver on up to the first $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 $40,000 you invest with StashAway, there is a minimum investment amount of $10,000. This management fee waiver applies for the first six months.

SingSaver’s exclusive offer: Enjoy waiver of management fees on up to the first $40,000 invested in the first 6 months, subject to a minimum investment amount of $10,000.

Endowus: $100 bonus with $10,000 invested in Cash Smart

Endowus is a robo-advisor that allows you to invest not just your cash and SRS funds, but also your CPF money. Endowus offers investment portfolios with institutional-quality financial products, at the lowest cost possible. Recently, they have introduced ESG portfolios in order for retail investors in Singapore to invest in institutional classes of ESG focused funds.

They also have a cash management account — Endowus Cash Smart — that allows you to earn up to 1.4% p.a. This is suitable for those that are looking for an account to store idle cash, particularly in the current low interest rate environment where savings accounts, fixed deposits and Singapore Savings Bonds are offering measly returns.

If you sign up for an Endowus Cash Smart account, you will receive units in LionGlobal All Seasons Fund (Growth) worth S$100. To be eligible for this promotion, you have a to be a new Endowus client and also invest at least $10,000 into Cash Smart.

Promo valid till: 31 Mar 2021

POSB InvestSaver: $125 sales charge rebate

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 lower your investing cost even further with a sales fee rebate of up to $125. 

This promotion is valid for Unit Trust and/or ETF Regular Savings Plans (RSP) set up online from 1 February 2021 to 30 April 2021. Eligible customers will enjoy cashback for your RSP contribution made till 31 July 2021. You have to continue the RSP for three consecutive months for your cashback to be disbursed.

Promo valid till: 30 April 2021

POEMS Shares Builder Plan: 3-month rebate on handling fees

Investing directly in stocks and shares is a gratifying way to directly support your favourite brands and companies. Not only do you own a little piece of them, their good performance will create financial rewards for you down the line. 

POEMS Shares Builder plan is a Regular Savings Plan that lets you invest in stocks and shares with steady, regular deposits, which is advantageous because: 

  1. You don’t have to raise a large sum of capital to begin 
  2. You’ll also benefit from dollar-cost averaging

If this sounds appealing to you, you’ll want to take advantage of the current promotion, which gives you three months of rebate on handling fees when you sign up as a new customer.

However, the rebate is credited contingent on your portfolio achieving capital gains during the three-month period. You also have to maintain your account activity for at least six months consecutively.

Any qualifying rebates will be re-invested into your portfolio, and are not convertible for cash withdrawal.

Promo valid till: 31 Mar 2021

POEMS Unit Trust Transfer In: Get $20 cash reward for every $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 $10,000 worth of Unit Trusts you transfer will net you a $20 cash reward, capped at $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: 31 Mar 2021

HSBC Unit Trusts: 0% sales fees for six months

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 0% sales fees for up to six months, which helps cut down only your costs as you pick different unit trusts for your portfolio. 

However, this fee-free period only applies if you choose a Regular Savings Plan and maintain it for at least six months. (You’ll need an initial investment of $1,000 to open your account, and deposit a minimum of $100 each month.)

Promo valid till: 31 Mar 2021

MoneyOwl: 0% fees on first $10,000 

MoneyOwl is a robo-adviser by NTUC Social Enterprises, and offers a selection of five investment portfolios each with varying mixes of bonds and equities. Investing with them is as simple as picking a portfolio that suits your financial goals and risk appetites.

You can start investing with just $100 initial deposit, and monthly deposits can be as low as $50 a month. Perhaps the best thing is the 0% fee on the first $10,000 of your investments, so you can start and grow your first ten grand completely free of charge. 

To qualify, sign up as a new member on MoneyOwl and start investing. 

Secondly, those who invest using SRS funds can get up to $200 worth of eCapitaVouchers, provided that you are the first 500. 

Promos valid till: 31 Dec 2021

Read these next:
Tiger Brokers Review: New Kid On The Block With Low Commissions
StashAway Review: Goal-Getting Investments Through ETFs
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7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)
Got $50? Here Are 3 Easy Investments To Start Growing Your Money (And 1 To Avoid)

By Alevin Chan
An ex-Financial Planner with a curiosity about what makes people tick, Alevin’s mission is to help readers understand the psychology of money. He’s also on an ongoing quest to optimise happiness and enjoyment in his life.