Online brokers in Singapore woo investors with lower fees, and more investment and lifestyle options

Competition for the retail investor dollar heats up as online brokers pull out all the stops to capture a bigger slice of the pie. PHOTO: PIXABAY
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SINGAPORE – Online brokerages and share trading platforms are slashing fees and offering a range of perks to attract customers amid intense competition in the sector.

The battle for clients kicked off in earnest when Xiaomi-backed Tiger Brokers entered the market in 2020, followed by Tencent-backed Moomoo Financial in 2021, and has only heightened since.

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