US Stocks Investment

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moomoo (by Futu SG)

moomoo (by Futu SG)

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moomoo (by Futu SG)
US$0.99
Min. Commission FeeUS Stocks
0.03%
Min. Trading Fee
S$0
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Welcome Gift:
Enjoy 3 months of commission-free trading on US, SG and HK markets. First 10,000 users who successfully deposit of S$2,700 or US$2,000 will receive one free AAPL stock and S$30 cash coupon. T&Cs apply.
Interactive Brokers

Interactive Brokers

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Interactive Brokers
US$1
Min. Commission FeeUS Stocks
0.08%
Min. Trading Fee
S$0
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POEMS

POEMS

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POEMS
US$0
Min. Commission FeeUS Stocks
0%
Min. Trading Fee
S$0
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Tiger Brokers

Tiger Brokers

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Tiger Brokers
US$1.99
Min. Commission FeeUS Stocks
0.08%
Min. Trading Fee
S$0
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Saxo Markets

Saxo Markets

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Saxo Markets
US$4
Min. Commission FeeUS Stocks
0.08%
Min. Trading Fee
S$0
Min. Deposit
Maybank Kim Eng

Maybank Kim Eng

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Maybank Kim Eng
US$20
Min. Commission FeeUS Stocks
0.28%
Min. Trading Fee
S$0
Min. Deposit
UOB Kay Hian

UOB Kay Hian

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UOB Kay Hian
US$20
Min. Commission FeeUS Stocks
0.28%
Min. Trading Fee
S$0
Min. Deposit

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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