Best Investment Sign-up Promotions In Singapore (2024)

Here are the latest investment sign-up offers that can save you money and boost the growth of your portfolio.

 Everybody loves a good deal, and when it comes to investing, the best deals are the ones that give you free money.  

If starting a profitable investment portfolio is one of your financial goals, you’ll want to take advantage of sign-up promos and deals that save you money when investing and help your fledging account grow that little bit faster.

Promos and offers aren’t the full story

While promos are good, you shouldn’t jump into opening an account just because you see a good one. 

You should always take the time to understand the investment platform and product fully and find out what fees you will need to pay after the promotion is over, and only proceed if there is a good fit with your goals, timeline and budget. 

Investments work best over time, and starting and stopping or switching between platforms and products will incur a chunk of fees – which means money wasted. 

With that in mind, here are some of the best investment sign-up promos for Singaporean investors.

Table of contents

• Promotion overview
• Tiger Brokers
• moomoo
• CMC Invest
• Webull
• StashAway
• POSB InvestSaver
• POEMS Unit Trust Transfer In 
• HSBC Unit Trusts

Promotion overview

Tiger Brokers: Up to USD 1,006 in rewards

Home-grown trading platform Tiger Brokers offers a mix of Singapore stocks, ETFs and REITs, as well as selections from popular global markets such as the USA, China, and Australia.

They also offer a mix of indices, commodities, bonds, options and futures, so there’s something for investors of all appetites and experience levels.

Tiger Brokers sets very attractive pricing for its fees, starting at US$0.005 per share for US stocks and ETFs, while service fees for Hong Kong, China, Australia and Singapore range from 0.03% to 0.07% of trade value.

With such low rates and access to popular trading markets and products, Tiger Brokers is a good choice to start your trading journey. 

Signup Promotion: 

Tiger Brokers is running a welcome promo from 7 August to 31 October 2024 where you can receive up to USD 1,006 in rewards:

• Sign up and open an account with Tiger Brokers (Singapore) Pte Ltd ("TBSPL") during the promotional period to receive a 6.8% p.a. Interest-Boost Voucher for 60 Days. (This bonus package is valid for first-time account opening only.)
• Fund your newly approved account with any amount and claim three months SGX LV2 advanced quotes (worth S$60).
• Fund your newly approved account and accumulate deposits of S$1,000 or more within the promotion period to receive a USD 10 voucher package (2x USD 5 vouchers) on top of the 6.8% p.a. Interest-Boost Voucher.
• Fund your newly approved account and accumulate deposits of S$10,000 or more within the promotion period to receive a USD 35 voucher package (7x USD 5 vouchers).
• Fund your newly approved account and accumulate deposits of S$100,000 or more within the promotion period to receive a USD 100 voucher package (20x USD 5 vouchers). 

Bonus Tier

moomoo: Lifetime commission-free trading for U.S stocks, cash coupons, and free market data access

moomoo is one of the most popular online brokerages in Singapore, allowing users to trade US, HK, or SG stocks.

moomoo charges zero commission fees for US stocks and a minimum commission fee of 0.03% of the investment amount or HK$3 (whichever is higher) for HK stocks.  For Singapore stocks, the commission fee is waived off for a year, and 0.03% of the transaction amount (min. S$0.99) subsequently. There is also no custodian fee incurred.

You can sign up with moomoo today to enjoy up to S$1,014 worth of welcome rewards upon successfully opening an account from 23 July 2024 to 31 October 2024:

Upon successful opening of a moomoo SG securities account, you’ll enjoy:

• Lifetime commission-free trading for the U.S market
• One year free commission-free trades for SG market (stocks, ETFs, and REITs)
• Commission-free trades on US options for up to 100 contracts every month,  effective till 30 September 2024
• Free access to real-time Lvl 2 Market Data for the U.S stock market
• Free access to real-time Lvl 2 Market Data for the SG stock market, effective till 31 December 2024
• Free access to real-time Lvl 1 Market Data for Hong Kong market
• Free access to real-time Lvl 1 Market Data for China A Shares market
• moomoo Cash Plus 6.8% p.a. guaranteed returns of up to S$447, valid for 30 days

Note that rewards are stackable.

CMC Invest: get up to S$20 cash and a free BABA share (worth S$115.5); free Grab and Tesla shares 

CMC Invest is a newly-launched trading platform that offers affordable pricing with no fees for platform usage, maintenance, account inactivity, custody, and deposits and withdrawals. On top of this, you'll also get two to five free trades per month. With CMC Invest, you can invest in stocks, ETFs, mutual funds, Options, bonds, and more in over 15 markets.

CMC Invest is currently running a welcome promo with SingSaver where you can get S$20 cash when you open an account and receive 1 free share of BABA (worth S$115.5) when you fund at least S$1,000 and make five buy trades. Offer ends on 30 September 2024.

Additionally, CMC Invest is also offering additional stocks when you fund and trade with CMC Invest:

• Six Grab shares share (worth around S$29) when you fund S$500 and make 2 ‘buy’ or ‘sell’ trades within the promotional period.
• One Tesla Inc. share (NASDAQ: TSLA) when you at least S$10,000 and make at least three trades worth S$3,000 within 90 days from account opening. Promotion ends 31 October 2024

Webull: Receive up to S$599 in rewards via SingSaver, plus get up to US$2,150 worth of rewards from Webull 

Webull is a popular US broker and is one of the latest entrants in the online brokerage space in Singapore. It's also regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) License and the Securities and Futures Act 2001. 

Currently, you can trade in US stocks, ETFs, and HK stocks and options. There's no minimum balance needed to invest and it also doesn't charge any commission fees and platform fees, but there are still other fees to look out for, including high spreads, GST and bank handling fees. Read our review of Webull to find out more. 

You can enjoy a S$150 Shopee voucher when you open a Webull account with SingSaver. All you need to do is to fund a minimum of US$2,000 during the campaign period (valid until 30 September 2024).

You can also get a Sennheiser Momentum 4 Wireless Headphones (worth S$499) or a Dyson Micro 1.5kg Vacuum (worth S$599) or a S$400 Shopee voucher or S$320 cash when you fund at least US$10,000. The best part is that these rewards are stackable with Webull's welcome promo. 

Meanwhile, Webull is offering several welcome rewards as well. You'll enjoy limited time 0 commission US options trading plus receive rewards:

• Up to US$1,750 Moneybull yield
• Up to US$400 cash voucher
• Up to USD 1,500 trading vouchers

StashAway: Management fee waiver on up to the first S$40,000 invested

StashAway is a known name in the robo-advisory space, being one of the first platforms made available to investors. With StashAway, you can invest both cash and Supplementary Retirement Scheme (SRS) funds.

StashAway invests in best-in-class ETFs, relying on data and research to select the asset classes that comprise your investment portfolio. There are three different portfolio types for you to choose from: General Investing, Goals-based Investing or the Income Portfolio.

To enjoy the management fee waiver on up to the first S$40,000 you invest with StashAway, you need to make a deposit within four weeks of applying. This management fee waiver applies for the first six months.

POSB InvestSaver: up to S$125 cashback

POSB Invest-Saver is a Regular Savings Investment Plan that lets you invest in ETFs and Unit Trusts (UTs).

Both ETFs and UTs are popular investment products that also tend to benefit from dollar-cost averaging.

Sign up for a new Invest-Saver plan and you'll stand a chance to receive up to S$125 of cashback per Regular Savings Plan when you set up an Invest-Saver plan. 

This promotion is valid for Unit Trust and/or ETF Regular Savings Plans (RSP) set up online from 1 July to 30 September 2024. Eligible customers will enjoy cashback for your RSP contribution made till 31 December 2024. You have to continue the RSP for three consecutive months for your cashback to be disbursed.

POEMS Unit Trust Transfer In: Get S$20 cash reward for every S$10,000 Unit Funds Transferred 

When investing, it is important to pay attention to fees, as they can eat into your profits. As a general rule, the lower the fees, the better.

That’s why investors should take note of POEMS Unit Trust, which offers 0% platform fees, 0% sales charges and 0% switching fees until 30 September 2024. (This does not mean POEMS Unit Trusts is completely free of charge, there may be a sales charge levied in certain circumstances.)

And as if that’s not attractive enough, transfer your Unit Trusts holdings to POEMS now and receive cash rewards. Every S$10,000 worth of Unit Trusts you transfer will net you a S$20 cash reward, capped at S$1,000.

To qualify, your Unit Trusts must be successfully transferred and held in POEMS for a minimum of three months. Applicable only to cash holdings transfers only.

HSBC Unit Trusts: Enjoy preferential rates for time deposits

With HSBC Unit Trusts, you can receive a discounted sales charge of 0.85% when your purchase any untit trust via lump sum payment.This promo is valid till 31 December 2024. 

Start your investment journey today

With the investment promotions on offer, you're given an incentive on top of the desire to grow your wealth. If you're looking to invest in stocks, here are the steps you need to take.

Alternatively, if you're looking for a diversified portfolio for long-term investment growth, you can consider investing with robo-advisors.

Read these next:
Tiger Brokers Review: New Kid On The Block With Low Commissions
StashAway Review: Goal-Getting Investments Through ETFs
Syfe Singapore Review (2021): Multiple Portfolios For Various Investment Objectives
7 Popular Types Of Investment In Singapore (And Tips To Use Them For Optimal Gains)
Got S$50? Here Are 3 Easy Investments To Start Growing Your Money (And 1 To Avoid)