Best Brokers With SGD Accounts 2026

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✔ Tested with a live trading account

✔ Accept traders from USA

Brokers With:

Singaporean Dollar (SGD)

Showing 1 of 1 matching brokers

Filters Order By ... Overall Rating Latest Trust & Regulation Banking & Accounts Assets & Markets Fees & Costs Platforms & Tools Research Education Customer Support iOS App Android App Most Clients

1. 1
   

   Moomoo

   
   Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options.

   Moomoo Details

   Demo Account

   Yes

   Minimum Deposit

   $0

   Minimum Trade

   $0

   Leverage

   1:2

   Copy Trading

   No

   Regulator

   SEC, FINRA, SIPC, MAS, SFC, ASIC, FMA, CIRO, CIPF, JFSA, SC

   Instruments

   Stocks, Options, ETFs, ADRs, OTCs ,Futures

   Platforms

   Desktop Platform, Mobile App

   Account Currencies

   USD, HKD, SGD

   Automated Trading

   No

   AI

   No

   Guaranteed Stop Loss

   No
   Go to Moomoo

Compare Brokers With SGD Accounts

Broker		Payment Methods
		ACH Transfer, Wire Transfer
Broker		Payment Methods

Broker Details Comparison

Broker	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Assets	Platforms
	✓	$0	$0	1:2	Stocks, Options, ETFs, ADRs, OTCs ,Futures	Desktop Platform, Mobile App
Broker	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Assets	Platforms

Safety Comparison

Compare how safe the Best Brokers With SGD Accounts 2026 are.

Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts
	4.7	✗	✗	✓
Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Brokers With SGD Accounts 2026.

Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App
	Yes (iOS & Android)	4.6	3.3	✗
Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App

Comparison for Beginners

Compare how suitable the Best Brokers With SGD Accounts 2026 are for beginners.

Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions
	✓	$0	$0	4.4	2.8	✗	✗
Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Brokers With SGD Accounts 2026 are for advanced or professional traders.

Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours
	✗	✗	✗	✗	✗	1:2	✗	✓
Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Brokers With SGD Accounts 2026.

Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account
	✓	USD: 3.35%	✗	✗	✗	✗	✗	✗	✗
Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account

Detailed Rating Comparison

Compare how we rated the Best Brokers With SGD Accounts 2026 in key areas.

Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support
	4.7	3.0	3.3	4.0	3.8	3.3	3.8	4.4	2.8
Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support

Fee and Cost Comparison

Compare the cost of trading with the Best Brokers With SGD Accounts 2026.

Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread
	3.8	✗	$0	✗	✗
Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread

Broker Popularity

See how popular the Best Brokers With SGD Accounts 2026 are in terms of number of clients.

Broker	Popularity
Moomoo	24,000,000

Why Trade With Moomoo?

Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.

James Barra
Review Author

Pros

• API Skills offers agentic investing for retail traders. Users can connect their AI agents, such as Claude or OpenAI, to Moomoo's platform to execute algorithmic strategies using natural language.
• The Moomoo AI assistant, available on the desktop software and app, offers valuable market insights for active traders.
• Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.

Cons

• The demo account is limited compared to live trading, lacking a desktop terminal, technical analysis tools, and after-hours trading, which may hinder traders from backtesting certain strategies.
• The account options are limited compared to similar brokerages, with no managed portfolios or robo-advisor solutions.
• The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.

Go to Moomoo

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Methodology

To identify the best brokers offering SGD-denominated accounts, we conducted an in-depth analysis of global and local trading platforms.

We focused on brokers that allow clients to deposit, withdraw, and trade in Singapore dollars (SGD) without forced currency conversions.

Our rankings were based on over 200 key metrics, including trading fees, platform usability, regulatory oversight (such as licensing by the Monetary Authority of Singapore (MAS)). Additionally, we factored in user experience and real-world performance testing by our experts.

What Is an SGD Account?

An SGD trading account is a brokerage account where all balances, transactions, and profits are denominated in Singapore dollars (SGD).

As one of Asia’s most stable and widely used currencies, SGD is essential for traders based in Singapore or those investing in Singaporean markets.

However, despite Singapore’s significance as a global financial hub, many international brokers primarily offer USD or EUR accounts, making SGD-denominated options less common (less than 10% of providers we’ve examined).

Traders who earn and invest in SGD can benefit from an SGD trading account in several ways:

• Avoiding Currency Conversion Costs: Depositing and withdrawing in SGD prevents unnecessary exchange rate fees, which is especially beneficial for traders in Singapore.
• Direct Access to the Singapore Market: SGD accounts often allow seamless trading of SGX-listed stocks, ETFs, and other financial instruments.
• Reducing FX Risk: If your income and financial obligations are in SGD, keeping your brokerage account in the same currency protects you from fluctuations when trading local assets.

How Do I Open an SGD Account?

Opening an SGD trading account requires selecting a broker that supports SGD transactions. Many of the best trading accounts that we’ve trialled are easy to set up. Here’s the process:

1. Choose a Broker: Select a platform offering SGD as a base currency. If you’re in Singapore, consider one regulated by the Monetary Authority of Singapore (MAS).
2. Register an Account: Complete the broker’s verification process, typically requiring a valid passport or Singapore NRIC and proof of address.
3. Select SGD as Your Base Currency: During account setup, choose SGD to avoid auto-conversions when funding or withdrawing.
4. Fund Your Account: Deposit funds via local bank transfer (DBS, OCBC, UOB), FAST payments, or e-wallets like PayNow.
5. Start Trading: Once your funds are available, you can trade SGX stocks, ETFs, and other assets in SGD without extra conversion costs.

For example, below is an instance where I set up an SGD trading account at a major brokerage, Saxo:

Setting up an SGD account with Saxo

Should I Use an SGD Trading Account?

An SGD trading account may be ideal if the following apply:

• You Live in Singapore: Keeping your trading account in SGD simplifies transactions, tax reporting, and compliance with local regulations.
• You Trade Singapore Stocks and REITs: If you invest in SGX-listed companies, ETFs, or REITs, an SGD account eliminates conversion fees.
• You Want to Avoid FX Volatility: If your income, expenses, or investments are in SGD, holding an SGD account prevents unnecessary exposure to exchange rate fluctuations.
• You Use Singapore Banking Services: SGD accounts are often integrated with local banking systems, allowing for fast and cost-effective deposits and withdrawals.

What Are the Limitations of an SGD Trading Account?

• Limited Broker Availability: Many global brokers still do not support SGD as a base currency, restricting your options.
• Higher Costs for Non-SGD Assets: If you trade assets denominated in USD, EUR, or JPY, you may face conversion fees, adding extra costs to each trade.
• FX Risk on International Trading: If you invest in global markets, you may still need to convert SGD, exposing you to currency fluctuations.
• Less Liquidity for Forex Trading: Compared to USD accounts, SGD accounts may have fewer currency pairs and slightly wider spreads when trading forex.
• Potential Withdrawal Fees: Some brokers charge fees for withdrawing SGD, especially if sending funds to international bank accounts.