{"id":1258,"date":"2021-01-30T01:39:00","date_gmt":"2021-01-30T01:39:00","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=1258"},"modified":"2023-09-16T14:08:02","modified_gmt":"2023-09-16T14:08:02","slug":"best-online-trading-platform-singapore","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/best-online-trading-platform-singapore\/","title":{"rendered":"Best Online Brokers and Trading Platforms Singapore 2023"},"content":{"rendered":"\n

Advertiser Disclosure<\/span><\/span>Some of the brokers listed offer a compensation for any clients we refer. This has no additional cost for our readers, but helps us run this website and keep it free.<\/span><\/span><\/span><\/span>\n\n\n\n

Below, we go over the Best Online Broker in Singapore for 2023<\/strong>. Singaporeans looking for online trading platforms<\/strong> have a variety of options. Our analysis of Online Brokers in Singapore is based on various factors like account opening, ease of use, fees and commissions, regulation, market access, and more. <\/p>\n\n\n\n

Let's get into our guide.<\/p>\n\n\n\n\n\n\n\n

What are the Top Trading Platforms in Singapore 2023?<\/h2>\n\n\n\n

Here are our top rated Stock Brokers in Singapore for 2023.<\/strong><\/p>\n\n\n\n

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  1. Interactive Brokers<\/strong> \u2013 Best Overall – 4.9\/5 – Visit Interactive Brokers >><\/a><\/li>\n\n\n\n
  2. AvaTrade<\/strong> \u2013 Best for Forex – 4.8\/5 – Open Free Account<\/a><\/li>\n\n\n\n
  3. Plus500<\/strong> \u2013 Great for CFD Trading in Singapore – 4.7\/5 – Open Account<\/a><\/li>\n\n\n\n
  4. Saxo Markets<\/strong> \u2013 Best Premium Platform – 4.6\/5<\/li>\n\n\n\n
  5. City Index<\/strong> \u2013 Best for Experienced Traders – 4.5\/5<\/li>\n\n\n\n
  6. TD Ameritrade<\/strong> \u2013 Best for US Stocks – 4.4\/5<\/li>\n\n\n\n
  7. Phillip Capital<\/strong> \u2013 Best Local Singapore Trading Platform – 4.2\/5<\/li>\n<\/ol>\n\n\n\n

    *CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.<\/p>\n\n\n\n

    Browsing through all the options is time-consuming. To help you with this process, we analyzed the top brokers in Singapore<\/strong>. We base our guide on a variety of standardized factors.<\/p>\n\n\n\n\n\n\n

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    Our Top Pick<\/strong><\/div>\n\n\n
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    \"Interactive<\/a><\/figure><\/div>\n\n
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    PFI Rating<\/strong>: 4.9\/5<\/p>\n\n<\/div><\/div>\n\n

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    1. Interactive Brokers Singapore – Best Overall<\/a><\/h2>\n\n\n\n

    Interactive Brokers<\/a> (IBKR), founded in 1978, is a large discount broker. The US SEC and the Financial Conduct Authority (FCA) regulate it as a safe trading platform. Interactive Brokers is a NASDAQ-listed broker and offers extremely low brokerage fees. <\/p>\n\n<\/div><\/div><\/div>\n\n

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    \n\nLEARN MORE<\/strong><\/span><\/path><\/svg><\/span><\/a>\n\n<\/div>\n\n\n

    On Interactive Brokers' Official Website<\/p>\n\n<\/div><\/div><\/div>\n<\/div>\n\n\n

    Interactive Brokers has offered trading Singapore Shares since they opened their Singapore office. There are two account types IBKR lite and IBKR Pro, both offering low fees and\/or zero commissions. Interactive Brokers has excellent research, education, market offer, free trading tools and much more.<\/p>\n\n\n\n

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