Singapore brokerage fees compared

Work out what one trade costs at Interactive Brokers, Saxo, Tiger Brokers, Webull and UOB Kay Hian, using the fees each broker publishes on its own website. A S$5,000 SGX buy order costs from S$4.36 (IBKR Pro (Fixed) at Interactive Brokers), GST included. Fees verified 26 Oct 2026

Brokerage fee calculator

#Broker / planTotal cost
1Interactive BrokersHolding not stated
IBKR Pro (Fixed)
Breakdown
  • Commission (all-in)S$4.00
  • GST 9%S$0.36
S$4.36
2Tiger BrokersCustodian
Tiger Brokers
Breakdown
  • CommissionS$1.50
  • Platform feeS$1.50
  • SGX trading feeS$0.38
  • SGX clearing feeS$1.63
  • GST 9%S$0.45
S$5.46
3WebullCustodian
Webull
Breakdown
  • Commission (standard)S$1.25
  • Platform feeS$1.25
  • SGX clearing feeS$1.63
  • SGX trading feeS$0.38
  • SGX settlement instruction fee (clearing SI)S$0.35
  • SGX settlement instruction fee (DA SI)S$0.35
  • GST 9%S$0.47
S$5.68
4SaxoCustodian
Saxo Classic
Breakdown
  • CommissionS$4.00
  • SGX clearing feeS$1.63
  • SGX trading feeS$0.38
  • GST 9%S$0.36
S$6.37
5UOB Kay HianCustodian
UOB Kay Hian UTRADE X (cash upfront)
Breakdown
  • CommissionS$10.00
  • SGX clearing feeS$1.63
  • SGX trading feeS$0.38
  • SGX settlement instruction feeS$0.35
  • GST 9%S$1.11
S$13.47
6UOB Kay HianCDP or custodian
UOB Kay Hian Cash account
Breakdown
  • CommissionS$25.00
  • SGX clearing feeS$1.63
  • SGX trading feeS$0.38
  • SGX settlement instruction feeS$0.35
  • GST 9%S$2.46
S$29.82

Buy order of S$5,000.00, standard published rates, GST 9% included. Sorted by total cost only. Covers 5 brokers (coverage).

SGX trades are priced in SGD and US trades in USD; currency conversion costs are not included. Per-share US fees depend on the share price you enter (a hypothetical input, not a quote).

Not financial advice. These are the standard fees each broker publishes, as found when we last checked. They exclude promotions, FX conversion costs and fees charged only when you sell. Fees can change at any time; verify with the broker before you trade. Order is by total cost only.

Example costs: SGX

Broker / planS$1,000S$5,000S$10,000S$50,000
Interactive BrokersHolding not stated
IBKR Pro (Fixed)		S$2.73S$4.36S$8.72S$43.60
Tiger BrokersCustodian
Tiger Brokers		S$2.62S$5.46S$10.90S$54.50
WebullCustodian
Webull		S$2.95S$5.68S$10.57S$49.81
SaxoCustodian
Saxo Classic		S$3.68S$6.37S$12.72S$63.60
UOB Kay HianCustodian
UOB Kay Hian UTRADE X (cash upfront)		S$11.73S$13.47S$17.82S$87.58
UOB Kay HianCDP or custodian
UOB Kay Hian Cash account		S$28.08S$29.82S$34.72S$172.06

Total cost of one buy order, standard rates, GST 9% included. Highlighted = lowest in each column. Sorted by the S$5,000 column.

Saxo fee information: Source: Saxo Markets, www.home.saxo/sg (Saxo disclaimer).

CDP = shares go to your own CDP account. Custodian = the broker or its custodian holds them. "Holding not stated" = the broker's fee page doesn't say. See CDP brokerage fees.

Example costs: US shares

Broker / planUS$1,000US$5,000US$10,000
Interactive Brokers
IBKR Lite		US$0.00US$0.00US$0.00
Webull
Webull		US$0.00US$0.00US$0.00
Interactive Brokers
IBKR Pro (Fixed)		US$1.09US$1.09US$1.09
Tiger Brokers
Tiger Brokers		US$2.20US$2.33US$2.50
Saxo
Saxo Classic		US$1.09US$4.36US$8.72
UOB Kay Hian
UOB Kay Hian UTRADE X (cash upfront)		US$14.17US$14.17US$14.17
UOB Kay Hian
UOB Kay Hian Cash account		US$21.80US$21.80US$32.70

Total cost of one buy order, standard rates, GST 9% included, share price US$100.00. Highlighted = lowest in each column. Sorted by the US$5,000 column.

Saxo fee information: Source: Saxo Markets, www.home.saxo/sg (Saxo disclaimer).

Brokers

Interactive BrokersFees sourced · 3 plansSaxoFees sourced · 2 plansTiger BrokersFees sourced · 2 plansWebullFees sourced · 2 plansUOB Kay HianFees sourced · 4 plans

We list brokers whose published website terms allow us to show and link to their fees. Other brokers can ask to be added: get your broker listed.

Frequently asked questions

How much does it cost to buy S$5,000 of SGX shares?

Using each broker's standard published rates (GST included), the lowest total for a S$5,000 SGX buy order is S$4.36 with IBKR Pro (Fixed) at Interactive Brokers, where shares are held by a custodian or the page doesn't say. For shares settled into your own CDP account, the lowest we can source is S$29.82 with UOB Kay Hian Cash account at UOB Kay Hian. See the example tables for every plan.

How much does it cost to buy US$5,000 of US shares?

At a share price of US$100, the lowest published total is US$0.00 (IBKR Lite at Interactive Brokers and Webull). Per-share fees change with the share price; the calculator lets you set it. Fees charged only on sells, such as the SEC fee, are not included.

What is the difference between a CDP account and a custodian account?

With a CDP-linked account, the SGX shares you buy are held in your own securities account at The Central Depository (CDP). With a custodian account, the broker or its custodian holds the shares for you. Custodian accounts often have lower published fees; the calculator lets you filter by account type.

Which brokers do you cover?

Interactive Brokers, Saxo, Tiger Brokers, Webull and UOB Kay Hian. We list brokers whose published website terms allow us to show and link to their fees. Other brokers can ask to be added: get your broker listed.

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