If you reside in Singapore and want to trade ETFs, you will need to find a trading platform that offers ETFs in Singapore. In this guide, we will go over the best ETF trading platforms in Singapore, based on a variety of factors.
Best ETF Trading Platforms Singapore
We curated the list of best ETF brokers in Singapore below. Compare ETF brokers based on fees, security, regulation, and products available.
1. Interactive Brokers
ETFs Available
3000+
Minimum Deposit
$1
Fees
$0 per Trade
2. Tiger Brokers
ETFs Available
3000+
Minimum Deposit
$1
Fees
0.08% of Trade Value
3. moomoo (by FUTU)
ETFs Available
3000+
Minimum Deposit
S$0
Fees
S$0.99
4. Saxo Markets
ETFs Available
3000+
Minimum Deposit
S$3,000
Fees
S$5
5. IG
ETFs Available
2000+
Minimum Deposit
S$0
Fees
S$10
6. PhillipCapital (POEMS)
ETFs Available
3000+
Minimum Deposit
S$1,000
Fees
S$0 – S$3.88
7. Standard Chartered
ETFs Available
no data
Minimum Deposit
S$0
Fees
S$10
8. DBS Vickers
ETFs Available
70+
Minimum Deposit
S$0
Fees
S$25
9. CGS-CIMB Securities
ETFs Available
–
Minimum Deposit
S$0
Fees
S$25
10. UOB Kay Hian
ETFs Available
–
Minimum Deposit
S$0
Fees
S$18
11. OCBC Securities
ETFs Available
–
Minimum Deposit
S$0
Fees
S$25
12. CMC Markets
ETFs Available
1000+
Minimum Deposit
S$10
Fees
spread
What are ETFs?
ETFs or Exchange Traded Funds are a basket of securities, similar to unit funds. An ETF aims to track a certain index like the S&P 500 and replicate its value. Returns of an ETF match the performance of the index it replicates, which means they replicate the performance of the market, rather than a few specific companies in that market.
How do ETFs work?
Exchange-traded funds allow investors to gain diversified exposure to the market by investing in a single security. They work like mutual funds but are listed on the stock market for easy access. You can buy and sell ETFs throughout the day during the stock exchange opening hours.
Because ETFs are index-tracking funds, investors don’t have to pay fund managers or analysts. This makes it cheaper than classic mutual funds. In the medium term, they outperform most managed funds!
Benefits of Investing in ETFs
Passive
Because ETFs track an index, there is no need for active management. This cuts out fund managers and you get more of the returns.
Dividends
One of the underlying assets in an ETF is stocks. As stocks pay dividends, an ETF also has a dividend yield from the stocks that it consists of. This is great for passive investors that are looking for passive income through dividend payouts.
Portfolio Diversification
When investing in ETFs, investors get exposure to a collective investment that contains a basket of securities. For example, the Vanguard S&P 500 ETF tracks the S&P 500 index that consists of 505 common stocks. S&P 500 covers about 80% of the US equity market by capitalization. This reduces risk as opposed to investing in a single stock.
Best ETFs to Invest in Singapore (Listed on SGX)
| ETF | Tracks | Expense Ratio |
|---|---|---|
| SPDR Strait Times Index ETF (ES3) | Straits Times Index (STI) | 0.60% |
| Nikko AM Singapore STI ETF (G3B) | Straits Times Index (STI) | 0.30% |
| ABF Singapore Bond Index Fund (A35) | iBoxx ABF Singapore Bond Index | 0.26% |
| SPDR S&P 500 ETF (S27) | S&P 500 Index | 0.095% |
| Lion Phillip S-REIT ETF (CLR) | MorningStar Singapore REIT Yield Focus Index | 0.60% |
| Nikko AM-StraitsTrading Asia ex Japan REIT ETF (CFA) | REITs in Asia | 0.60% |
| Phillip Sing Income ETF (ST) | MorningStar Singapore Yield Focus Index | 0.70% |
| SPDR Gold Shares ETF (O87) | Gold Bullion | 0.40% |
| Lyxor China Enterprise (HSCEI) UCITS ETF (P58) | Hang Seng China Enterprises Index (HSCEI) | 0.65% |
| Nikko AM SGD Investment Grade Corporate Bond ETF (MBH) | iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index | 0.40% |
