Best US Stocks Investment Brokerage Accounts in Singapore (2024)

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Tiger Brokers

Tiger Brokers

SingSaver's Exclusive OfferFeatured
March Madness Grand Lucky Draw ends in  RESULTS_PAGE_PROMOTIONAL_LABEL_LOADING_TEXT
Tiger Brokers
US$0

Min. Commission Fee

US Stocks
No minimum fees required for each trade made on US markets
0.08%

Min. Trading Fee

Minimum 0.08% fee (of total trading volume) required for each trade on the SGX
S$0

Min. Deposit

Start trading with no upfront deposit required
SingSaver's Exclusive Offer:
Receive S$120 cash via PayNow when you open a Tiger Brokers account and fund any amount. Fund at least USD 1,000 to receive S$200 cash via PayNow. Valid till 31 Mar 2024. T&Cs apply.

Also, get up to USD 888 worth of rewards and your interest boosted to 8% p.a. when you fund and trade with your Tiger Brokers account. Valid till 31 Mar 2024. T&Cs apply.

Plus, get 1x chance to win a pair of Round Trip Business Class tickets to Tokyo (worth S$13,144) in our March Madness Grand Lucky Draw! T&Cs apply.

Webull Singapore

Webull Singapore

SingSaver's Exclusive OfferFeatured
Webull Singapore
Not Available

Min. Commission Fee

US Stocks
0%

Min. Trading Fee

S$0

Min. Deposit

SingSaver's Exclusive Offer:
Receive S$90 cash via PayNow when you sign up for a Webull account and fund at least S$700 within the promo period. Fund at least S$2,000 within the promo period to receive an additional S$30 cash (S$120 total). Valid till 25 Mar 2024. T&Cs apply.

Also, get up to USD 5,000 worth of free shares when you subscribe to Moneybull and fund at least USD 2,000 by 01 Apr 2024. Valid till 1 Apr 2024. T&Cs apply.

Also, get up to USD 3,150 transfer-in rewards when you transfer in over USD 5,000 worth of shares and fulfill additional requirements. Valid till 1 Apr 2024. T&Cs apply.

Also, get 3x chances to win a pair of Round Trip Business Class tickets to Tokyo (worth S$13,144) in our March Madness Grand Lucky Draw! T&Cs apply.

moomoo SG

moomoo SG

SingSaver's Exclusive OfferFeatured
moomoo SG
US$0

Min. Commission Fee

US Stocks
No minimum fees required for each trade on US markets
0.03%

Min. Trading Fee

No fees required for each trade on the US markets
S$0

Min. Deposit

Start trading with no upfront deposit required
SingSaver's Exclusive Offer:
Receive S$80 cash via PayNow when you open a moomoo universal account and fund a min. of S$100. Fund a min. of S$2,000 to receive an additional S$50 cash (S$130 total) via PayNow. Valid till 31 Mar 2024. T&Cs apply.

Also, get up to S$880 worth in rewards and up to 6.8%^ p.a. returns when you complete additional actions with your Moomoo account. Valid till 1 April 2024. T&Cs apply.

Also, get 2x chances to win a pair of Round Trip Business Class tickets to Tokyo (worth S$13,144) in our March Madness Grand Lucky Draw! T&Cs apply.

Interactive Brokers

Interactive Brokers

Featured
Interactive Brokers
US$1

Min. Commission Fee

US Stocks
Minimum US$1 fee required for each trade on the US markets
0.08%

Min. Trading Fee

Minimum 0.08% fee (of total trading volume) required for each trade on the SGX
S$0

Min. Deposit

Start trading with no upfront deposit required
Saxo Markets

Saxo Markets

PopularFeatured
Saxo Markets
US$1

Min. Commission Fee

US Stocks
Minimum US$0.25 fee required for each trade made on US markets
0.03%

Min. Trading Fee

Minimum 0.03% fee (of total trading volume) required for each trade on the SGX
S$0

Min. Deposit

S$0
POEMS

POEMS

POEMS
US$1.88

Min. Commission Fee

US Stocks
No minimum amount required to pay for each trade on US markets
0%

Min. Trading Fee

No fees required for each trade on the SGX
S$0

Min. Deposit

Start trading with no upfront deposit required
ProsperUs by CGS-CIMB

ProsperUs by CGS-CIMB

ProsperUs by CGS-CIMB
US$5

Min. Commission Fee

US Stocks
0%

Min. Trading Fee

S$0

Min. Deposit

Maybank Securities

Maybank Securities

Popular
Maybank Securities
US$20

Min. Commission Fee

US Stocks
Minimum S$20 fee required for each trade on the US markets
0.28%

Min. Trading Fee

Minimum 0.28% fee (of total trading volume) required for each trade on the SGX
S$0

Min. Deposit

Start trading with no upfront deposit required
UOB Kay Hian

UOB Kay Hian

UOB Kay Hian
US$20

Min. Commission Fee

US Stocks
Minimum US$20 fee required for each trade on the US markets
0.28%

Min. Trading Fee

Minimum 0.28% fee (of total trading volume) required for each trade on the SGX
S$0

Min. Deposit

Start trading with no upfront deposit required

SingSaver Explains: US Stocks

The USA contains the two largest stock exchanges in the world. Find out why investors choose to put their money in US stocks and the advantages they provide.

What are US stocks and how does it work?

US stocks refer to stocks listed on the US financial markets, such as the NASDAQ and New York Stock Exchange (NYSE). Investors or traders can purchase US stocks with their online brokerage account. This brokerage account can be opened with any broker of choice.

Reasons to invest in US stocks

The US stock market is home to some of the largest and most well-known companies globally. Examples include Apple, Amazon, Alphabet, Microsoft, Netflix, Facebook, Tesla, Coca-Cola, Johnson & Johnson and Nike. To invest in these leading companies, you will have to invest in these US stocks.

As a non-US citizen investing in US stocks, you incur withholding tax on dividends. Hence, many investors invest in US stocks for capital appreciation rather than dividend yield.

How to invest in US stocks

To invest in US stocks, you would require a brokerage account. Depending on the brokerage account you use, some could require you to activate the account before you can make trades on foreign markets.

Costs of investing in US shares

When purchasing US shares, you will incur trading commission fees. There could also be a minimum commission fee as well as a custodian fee imposed. Lastly, you would have to consider the 30% withholding tax on dividends that you incur when receiving dividends paid out by US companies.

How to choose the best investment brokerage for you?

There are more options when it comes to choosing a custodian account. You can choose a brokerage firm based on factors such as:

  • Fees
  • Investment products available
  • Market access
  • Promotions
  • Tools and indicators provided
  • Investment insights and educational materials available
  • Platform interface and user experience

To help you with your decision, check out this article on the best brokerage accounts in Singapore.
Need some help?
No worries, we've got you covered.
Who can invest in US stocks?

Singaporeans, Permanent Residents and foreigners can all invest in US stocks. To do so, you would require a brokerage account that has access to the US market. However, depending on the tax treaty between your country and the US, the withholding tax on dividend would differ. For example, Singaporeans are subject to 30% withholding tax on dividends paid out by US companies.

How can I buy US stocks?

To buy US stocks, you would require a brokerage account. Depending on the brokerage account you use, some could require you to activate the account before you can make trades on foreign markets. Do keep a look out for the price you are buying or selling the security at, as well as the number of units you are trading. The US trading hours are 09:30pm to 04:00am (Singapore time).

How can I invest in US stocks in Singapore?

You can purchase the US stock of your choice using a brokerage account that gives you access to the US market. To get exposure to US stocks, you can also invest in Exchange Traded Funds (ETFs) that track a US index like the S&P 500 Index, or invest with a robo-advisor.

How can I invest in US stocks on my own?

You can invest in US stocks as long as you have a brokerage account that has access to the US stock markets. The stocks you purchase will be held in your custodian account with the broker. Examples of such brokerages include Interactive Brokers, SAXO Markets and Tiger Brokers.

What's the difference between Singapore and US stocks?

Singapore stocks refer to stocks listed on the Singapore Exchange (SGX) while US stocks refer to stocks listed on US markets. The trading commissions and minimum commission fee charged by the broker for trading Singapore or US stocks will also differ.

Do I need different brokers for Singapore stocks and US stocks?

It is possible to use the same brokerage account to execute both Singapore and US stock trades, as many brokers provide you access to both markets. However, it’s best to check the access your broker provides before setting up the account. Some brokerages could also require you to activate your account before you can make trades on overseas markets.

You can also opt to use different brokers for trades made in different markets. For example, you can use a CDP-linked brokerage account to purchase Singapore stocks that you intend to hold for the long term, while using a custodian account to purchase US stocks.


Read more about brokerage accounts to start your investment journey with here.

Confused about US Stock Investment terms?

Glossary terms to know for first-time US Stock Investment users

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