Subscription Modal Banner
Weekly newsletter subscription
Get SingSaver’s top tips and deals, plus an exclusive free guide to investing, sent straight to your inbox.

I agree to the terms and conditions and agree to receive relevant marketing content according to the privacy policy.

Success Tick Icon
Congratulations on successfully joining Singsaver Newsletter

Best Investment Sign-up Promotions In Singapore (2023)

Alevin Chan

Alevin Chan

Last updated 01 June, 2023

Every spending situation is unique. SingSaver assembles the 'Best For' list, so you can decide what’s best for you.


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.

MOOMOO_BLOGARTICLE_800x250 (1)

SingSaver Exclusive Promotion: Receive S$80 Cash via PayNow when you open a moomoo universal account and fund a minimum of S$100. Valid till 10 October 2023. T&Cs apply.

Additionally, get up to S$730 in rewards and up to 5.8%^ p.a. guaranteed returns when you park your cash with Moomoo Cash Plus for up to 30 days. Valid till 31 October 2023. T&Cs apply.

Financial institution Type of investment Sign-up promo Valid till
Tiger Brokers


Stocks, ETFs, REITs, Options, Futures SingSaver's Exclusive Offer: Open a Tiger Brokers Account and fund it with any minimum amount to get $25 Cash Reward. Be one of the first 40 applicants to fund a minimum of USD 1,000 and snag an additional Sennheiser MOMENTUM True Wireless 2 Earpods worth $370. Stackale with Tiger BAU

Also, get 2.88 free stocks worth up to S$360 and 0-commission trades. Valid till 29 May 2023. T&Cs apply.
30 June 2023
moomoo Stocks, ETFs, REITs

Sign up for a new Futu SG account to get:

- Lifetime commission-free trading for the US market
- One free Coca-Cola (KO) share worth around S$80 when you deposit a cumulative amount of at least S$2,000 and complete at least two buy trades before 7 July 2023 while maintaining their assets for 30 days
- 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
- Free market data access for SG and US stock exchanges and China A-shares
- Free access to real-time Lvl 1 Market Data for the SG stock market
- 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

30 June 2023
Webull

WEBULL_$130_BLOGARTICLE_800x250

SingSaver Exclusive Promotion: Receive $80 cash via PayNow when you open a Webull account and fund a minimum of S$100 within the campaign period. Also, receive an additional S$50 cash when you fund at least S$2,000. Valid till 10 October 2023. T&Cs apply.

Also, receive up to 10 free shares worth up to USD 1,000 when you fund any amount within the campaign period and maintain the amount for 30 days. Valid till 28 September 2023.
T&Cs apply.


Stocks, ETFs, and options

SingSaver Exclusive Promotion: Score $50 cash reward when you open a Webull account and fund a minimum of $100 within the campaign period. Valid till 2 July 2023. T&Cs apply.

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. T&Cs apply. 

2 July 2023
StashAway ETFs Enjoy a management fee waiver for six months. Valid for the first S$40,000 invested. Not stated
POSB Invest-Saver ETFs and Unit Trusts Enjoy up to S$125 cashback with Invest-Saver 30 June 2023
POEMS Unit Trust Transfer In Unit Trusts Get a S$20 reward for every S$10,000 worth of Unit Trusts holdings transferred into POEMS. Maximum reward capped at S$1,000 30 June 2023
HSBC Unit Trusts Unit Trust Regular Savings Plan Enjoy 0.85% sales charge on lump-sum deposit and initial contribution to Regular Savings Plan (RSP) in unit trusts. Additionally, enjoy a cash reward of S$30 when you initiate a new RSP  30 June 2023

 


Ready to level up? Find out how you can make your money work harder and smarter for you. Enjoy your own dedicated relationship manager and privileged access to a whole suite of preferential rates with Priority Banking. Compare your options.


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

TIGERBROKERS_BLOGARTICLE_800x250

SingSaver Exclusive Promotion: Receive S$80 cash via PayNow when you sign up for a Tiger Brokers account and fund any amount within the campaign period. Also, receive an additional S$70 cash when you fund at least USD 1,000. Valid till 10 October 2023. T&Cs apply.

Additionally, get free gifts from Tiger Brokers worth up to S$410 with a 6%* p.a. returns bonus. Valid till 26 September 2023. T&Cs apply.


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


Ready to level up? Find out how you can make your money work harder and smarter for you. Enjoy your own dedicated relationship manager and privileged access to a whole suite of preferential rates with Priority Banking. Compare your options.


 

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.

% module "widget_48582016222" path="/Website 2022/Modules/Common Module/Reusable Block", block_id="56175330007" market="ss" %}

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.


SingSaver's Exclusive Offer: Enjoy waiver of management fees on up to the first S$40,000 invested in the first 6 months. No minimum deposit required. T&Cs apply.



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.

How To Buy Shares In Singapore? Successive Guide to Riches

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)

 

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.

FINANCIAL TIP:

Use a personal loan to consolidate your outstanding debt at a lower interest rate!

Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences!