Singapore Online Stock Brokerage Account Fees in 2026
Updated: 19 Aug 2026
This guide breaks down Singapore’s brokerage fees in plain English, comparing costs across platforms for both local and US markets. We’ll also explain key terms like CDP-linked vs custodian accounts and share practical tips to help you avoid unnecessary fees. Whether you’re just starting out or looking to trim your trading costs, this comparison will show you how to invest smarter without paying more than you need to.
Written bySingSaver Team
Team
⚡ Quick Answer
| Product Name | Min. Commission Fee (SG Stocks) | Min. Trading Fee |
|---|---|---|
| S$0 * | 0 % | |
| S$0 | S$0.99 /order | |
| S$0 | 0.03 % |
Disclaimer: The information on this page is for general educational and informational purposes only and should not be considered financial or investment advice.
Decision Guide
Before You Compare
Decide CDP-linked vs custodian
CDP-linked keeps shares under your name; custodian accounts are held by the broker.
Check the cash-upfront requirement
Most digital brokers need funds deposited before you can place a trade.
Estimate your typical trade size
Minimum commissions hit small trades harder than percentage-based fees.
Check FX spreads for overseas trades
Currency conversion spreads for US/HK trades typically run 0.3%-0.8%.
Stock brokerage account fees comparison
| Provider | Commission (SG stocks) | Platform fee (SG stocks) | Min. fee per trade |
|---|---|---|---|
| IG Markets | 0% | S$0 | S$0 |
| Longbridge | 0% (lifetime) | 0.03% (min. S$0.99) | S$0.99 |
| moomoo SG | 0% for the first year (new users), then 0.03% (min. S$0.99) | 0.03% (min. S$0.99) | S$0.99 in year one, S$1.98 thereafter |
| Tiger Brokers | 0.03% (min. S$0.99) | 0.03% (min. S$1) | S$1.99 |
| uSMART SG | From 0.02% (tiered, no minimum) | – | No minimum |
| Webull Singapore | 0% for the first year (new users), then 0.025% (min. S$0.80) | 0.025% (min. S$0.80) | S$0.80 in year one, S$1.60 thereafter |
Note: Fees are for SGX-listed stocks and ETFs, listed in SGD, and exclude SGX clearing and trading fees and GST, which apply regardless of broker. Fees may differ by market and are subject to change; check each broker's latest pricing before trading.
>> MORE: What is a brokerage account?
Types of fees
Before you buy your first Singapore stock, it’s good to know exactly what fees you’re paying, because it’s not just about the brokerage commission. Whether you're investing $500 or $50,000, there are a few small charges that add up, and understanding them helps you pick the right platform (and save more in the long run).
Here’s a breakdown of the standard fees every investor pays when trading SGX-listed stocks, plus where you can optimise.
|
Fee Type |
How Much? |
Who Charges It? |
What It Means for Trading Stocks |
|
Brokerage Commission |
~0%–0.28% per trade (min. S$0–S$25+) |
Broker |
The main fee you pay to buy or sell shares. Discount brokers may charge lower commissions than traditional CDP-linked brokers. |
|
SGX Clearing Fee (CDP Clearing Fee) |
0.0325% of trade value (capped at S$600) |
SGX |
Covers clearing and settlement of trades on SGX. Applies to both buy and sell transactions. |
|
SGX Trading Fee |
0.0075% of trade value |
SGX |
Exchange fee for executing trades on SGX. Automatically included in your contract note. |
|
GST (9%) |
9% on commission and certain fees |
IRAS (collected via broker) |
Applied to brokerage commission and SGX fees. Increases total trading cost slightly. |
The only fee you can really control is the brokerage commission. CDP and SGX fees are fixed and unavoidable, but the broker you choose could save (or cost) you a lot more than you think — especially if you trade frequently or in small amounts.
📈 Your next trade could come with more
Explore Singapore’s leading brokerage platforms, compare their offers, and unlock exclusive cash, the latest gadgets, or miles rewards with SingSaver. 💰🎁 T&Cs apply.
Frequently asked questions about Singapore online stock brokerage account fees
A CDP-linked account holds your Singapore-listed shares directly under your name in your personal Central Depository (CDP) account. You are the legal owner and can sell your shares through any CDP-linked broker.
A custodian account holds your shares under the broker’s nominee account. You remain the beneficial owner, but the broker is the registered shareholder. Custodian accounts typically offer lower fees and wider global market access.
Not entirely. Even if a broker advertises zero commission, you may still pay exchange fees, clearing fees, GST or currency conversion spreads when trading overseas. The key is to look at the total cost of each trade rather than just the headline commission rate.
If you choose a CDP-linked broker, yes. Your shares will be credited to your personal CDP account. However, if you use a custodian broker, you do not need to open a CDP account, as the broker will hold the shares on your behalf.
No. CPF and SRS investing is generally supported only through CDP-linked brokers. Most custodian platforms do not support CPF or SRS funds for stock trading.
Key fees to review include commission rates, minimum charges per trade, SGX clearing and trading fees, FX spreads for overseas trades, custody fees (if applicable), and transfer-out fees. Even small percentage differences can add up over time.
For beginners starting with smaller amounts and trading primarily US stocks, custodian platforms with low commissions may be more cost-effective. For long-term investors focusing on SGX stocks or CPF/SRS investing, a CDP-linked account may offer more flexibility and ownership control.
About the author
SingSaver Team
At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.
The information on this page is for educational and informational purposes only and should not be considered financial or investment advice. While we review and compare financial products to help you find the best options, we do not provide personalised recommendations or investment advisory services. Always do your own research or consult a licensed financial professional before making any financial decisions.