Best Options Trading Platforms in Singapore 2026 (Low Fees Brokerage)
Last Updated on 9 months ago by Antony C.
Are you looking for the best options trading platform in Singapore? Trading platform that offers low cost trading, easy-to-use user interface, and a wide range of free analytics tools for you to apply your various option trading strategies?
Best Low Cost Beginner Friendly Option Trading Platform
BEST FOR: Beginner Retail Investors and Professional Traders Looking For All-In-One Trading App to Invest in SG, US, HK and China.
securely through Moomoo’s website
As an investor myself, here I’ve compared the top online brokerage in Singapore that offers option trading that can help you to strategically invest in the direction of stocks.
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Brokerage Reviewed & Analyzed
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Best Options Trading Platform in Singapore (Handpicked)
Having reviewed over +20 MAS Licensed Stock Broker, I’ve found the following online brokerage to be the best brokerage for options trading in Singapore.
Our picks for best brokerages to trade options in Singapore:
- Best Cheapest Options Trading Platform: Webull and uSmart
- Best for Beginner Options Traders: Moomoo and Tiger Brokers
- Best for Advanced Options Traders: IBKR and POEMS
Among the top picks, Moomoo Singapore stand out with their low fees, powerful comprehensive tools, real-time data and customizable user-friendly interface that cater to both beginners and experienced traders.
Comparing The Best Online Options Trading Platform in Singapore
Singapore investors have the advantage of choosing between multiple brokerage that let you access various financial market in Singapore, United States, Hong Kong, Japan, China, India and many more.
Getting started with your trade with a well-regulated brokerage Licensed by MAS can ensure that your trades are secure and your interests are protected.
Choosing the best option trading platform in Singapore here are some of my considerations;
- Stock market access
- Platform fees and commission fees
- Overall trading experience
With this in mind, I’ve handpicked the top option trading platform that offers the best overall trading experience for different investors.
PS. I’ve spend over 9 hours researching each of the option trading platform by deep-diving into the websites to dig for information manually, try out the platform, and looking through what other users says about the App. I did all these, so that you won’t need to spend the time I’ve spend to find the best Option Trading Platform for your trades.
1. Moomoo Singapore: Best Beginner Friendly Options Trading Platform (Editor’s Pick)
Minimum investment: $0
Stock/ETF Commission Fees: $0 for US, 0.03% for SG, HK
Options Fees: $0.65 Per Contract
Markets: United States, Hong Kong, China, Singapore
Suitable For: Beginner and Experience investors looking to invest in both locally and internationally.
When getting started and succeeding in trading stock options, choosing a platform tailored for beginners is crucial.
Moomoo Singapore excels in this role with its user-friendly interface, making it an ideal choice for those starting their options trading journey. (Full Moomoo Review)
With Moomoo, you can be pretty sure it’s easy-to-use interface and expert tools can help you make your options trading journey much easier.
Whether you’re new to the game or a seasoned trader, Moomoo provides a platform that supports your strategy with clarity and precision.
2. Webull Singapore: Best Low Cost Options Trading Platform
Minimum investment: $0
Stock/ETF Commission Fees: $0 & 0.025% thereafter for US, 0.03% for HK, 0.025% for SG
Options Fees: $0.55 Per Contract
Markets: United States, Hong Kong and Singapore
Suitable For: Beginner and Experience investors or trader looking to invest both locally and internationally.
If you are looking for the best budget-friendly options trading platform, Webull Singapore takes the spotlight with its competitive edge.
Providing a cost-efficient solution, Webull ensures traders have access to essential features without breaking the bank. (Full Webull Review)
Whether you’re just starting out or honing your strategy, Webull Singapore provides the tools you need for a confident trading journey while keeping your trading cost low.
3. Tiger Brokers: Best Simple Strategy Option Trading Platform
Best For International Market
Minimum investment: $0
Stock/ETF Commission Fees: 0.05% for US, 0.06% for SG, HK, CN, 0.10% for AUS
Markets: SG, US, HK, CN, AUS
Suitable For: Intermediate and Experienced Traders and Investors Looking to Invest In Australia.
With Tiger Brokers, you’re introduced to a platform where simplicity meets strategy in the realm of options trading.
Based in Singapore, Tiger Brokers makes entry into the US stocks market via options trading more accessible and user-friendly.
4. Interactive Brokers (IBKR): Best Professional Option Trading Platform
Best For International Market
Minimum investment: $0
Stock/ETF Commission Fees: 0.0035 per share for US, 0.08% for SG, AUS, 0.05% for HK, UK, JP, INR 20 for IND etc.
Options: $0.65 per contract
Markets: SG, US, HK, CN, AUS, UK, JP, IND, CA etc.
Suitable For: Professional and Experienced Traders and Investors Looking to Invest Internationally.
When seeking a professional-grade options trading platform, Interactive Brokers (IBKR) stands tall.
It is renowned for its advanced tools and competitive commissions that empower traders to navigate the options market with confidence.
5. Poems: Best Range of Analytical Tools For Option Trading
Best Analytical Tools
Minimum investment: $0
Stock/ETF Commission Fees: USD 3.88 for US, 0.08% for SG, HK
Options: $0.88 per contract
Markets: SG, US, HK
Suitable For: Intermediate and Experienced Traders and Investors.
Engaging in options trading demands robust analytical tools, especially when dealing with the US Stock Exchange.
Poems, renowned for its comprehensive suite of trading tools, provides a diverse range of resources to empower your trading decisions.
Best Singapore Online Option Trading Platform Fees Compared
Looking through the various options trading platforms in Singapore, I’ve consolidated and put together a simple chart listing out the commission and platform fees for each of the option trading platforms.
| Stock Brokerage | Options Trading Rating | Commission Fee | Platform Fee | Available Stock Market |
|---|---|---|---|---|
 Moomoo | ☆ 4.6 / 5.0 | SG: 0.03% of trade value, Min. SGD 0.99 per order US: USD 0.65 per contract, Min. USD 1.99 per order HK: 0.03% of trade value, Min. HKD 3.00 per order | SG: 0.03% of trade value, Min. SGD 1.50 per order US: USD 0.30 per contract, Min. USD 0.99 per order HK: HKD 15.00 per order | SG, US and HK Stocks Options |
 Longbridge | ☆ 4.6 / 5.0 | SG: 0.03% of trade value, Min. SGD 0.99 per order | SG: 0.03% of trade value, Min. SGD 0.99 per order | SG, US and HK Stocks Options |
 Webull | ☆ 4.6 / 5.0 | US: USD 0.55 per contract | US: USD 0.00 per contract* | US Stock Options |
 Tiger Brokers | ☆ 4.3 / 5.0 | US: USD 0.65 per contract (Min. USD 1.99 per order) HK: 0.2% of trade value (Min. HKD 3.00 per order) | US: USD 0.30 per contract (Min. USD 1.00 per order) HK: HKD 15.00 per order | US and HK Stocks Options |
 Interactive Brokers | ☆ 4.0 / 5.0 | SG: SGD 5.00 per contract US: USD 0.65 per contract, Min. USD 1.00 per order HK: HKD 0.2% option value + HKD 3.00 per contract, Min. 18.00 per order | – | SG, US, HK, UK, JP, AUS, IND etc. Stocks Options |
 uSmart | ☆ 3.8 / 5.0 | US: USD 0.20 per contract, No Minimum* | US: USD 0.30 per contract No Minimum* | SG, US, HK |
 POEMS | ☆ 3.3 / 5.0 | US: USD 0.88 per contract | US: USD 2.88 per order | US Stock Options |
Do note: Option trading fees and normal trading of the equities have different fees and charges.
Note: Data are consolidated, checked for accuracy and ensure outmost reliability by the Author through hours of research into each of the brokerage platforms, the author following strictly according to our editorial guidelines but always do your own due diligence before investing.
How Did I Pick The Best Brokers for Options Trading?
- I checked +20 online brokers, doing in-depth research or trying out their services using real money.
- I put priority in looking deep into their options trading fees.
- I tested their trading platforms and trading apps for user-friendliness.
- I look into their basic and advance charting and valuation tools for options traders.
- I checked that each are MAS Licensed Broker.
- Finally, I checked for any hidden cost or weird terms and condition a options trader need to know.
If you have keen eyes, you may have realized that my top pick for option trading is not always the cheapest in terms of fees.
I put priority into the following criteria when selecting the platform to use:
- Fees: Fees can add up really quickly, I look for platform with low fees for each options trades.
- User Experience: As a lazy retail investor, I look for platform that offers simple user experience.
- Range of Tools: Investing is about gaining insights, and having access to wide range of tools help me get a better understanding on the stock and let me make a more informed decision.
Frequently Asked Questions (FAQ)
Still Not Sure Which Broker for Options Trading?
From my own personal experience, of all the platforms I’ve used and reviewed, I personally like to use Moomoo the most.
- Offers very low fees per trade
- Offers an user-friendly interface
- Have access to major stock markets
- Offers access to wide range of trading tools
- Offers real-time company financial data
And most importantly, the Moomoo platform deliver a world-class overall user experience which I really like.
Furthermore, it offers some really amazing promotions for all new sign-ups, making it a no-brainer for traders.
- Claim up to S$1,200* worth of Free Stocks + Trading Option Gifts + Exclusive Bonus.
- Earn a return on idle cash with Moomoo Cash Plus
- Low commission fee for SG & HK stocks, ETFs & options.
- Lifetime $0 commission free* for US stocks.
Moomoo Promo: Low Commission + Free Stock
Did I helped you to save some time on your research? Well, I sure hope I did. I’ve spend long hours getting this data so you don’t have to.
Now, let’s take a look at these few other articles that you maybe interested!
Disclaimer: All views expressed in the article are independent opinion of the author, based on my own trading and investing experience. Neither the companies mentioned or its affiliates shall be liable for the content of the information provided. The information was accurate to the best knowledge of the author. This advertisement has not been reviewed by the Monetary Authority of Singapore. * T&C Applies
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Antony C. is a Singaporean dividend investor focused on building passive income through REITs, ETFs, and Dividend Stocks. With 15+ years of experience investing in Singapore, Hong Kong, and China markets, he founded IncomeBuddies.com to share practical wealth-building strategies tested in his own portfolio since 2008. His expertise has been featured in Yahoo Finance, Nasdaq, and NFAA, and he’s the published book author of "Start Small, Dream Big".