Best Long-term Investment Apps in Singapore

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The best long-term investment apps in Singapore are hard to find considering that you usually will have to spend hundreds of hours in research. We understand this challenge which is why our experts saw the need to do all the legwork so you do not have to. 

Below is a list of the top 5 long-term investment apps in Singapore 2022. They have undergone multiple tests and reviews so rest assured that you will get quality services and tools with either of them.  

Our list of the Best Long-term Investment Apps in Singapore
120,085 User Reviews
3.6 rating
3.6
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
10,502 User Reviews
3.8 rating
3.8
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3,779 User Reviews
4.1 rating
4.1
Visit site Read Review
Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
140,745 User Reviews
3.9 rating
3.9
Visit site Read Review
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
How we test?

OnlineTrading aims to provide quality, simple, and proven information to its readers. Our team of financial experts carefully checks every detail to provide a unique and comprehensive guide to safe trading around the world.

Feedback from regular users is very important to us, so we try to consider the opinions of reviews and feedbacks from several trusted platforms. We spend about 100 – 250 hours analysing and collecting information on each trading platform to ensure our recommendations are reliable.

Naturally, we always remain impartial, honest and recommend only licensed and reliable brokers.

Read more about our test process here.

Compare Best Long-term Investment Apps in Singapore of 2022

We dedicate ourselves to recommending the best long-term investment apps in Singapore without bias. Therefore we invest time in testing, reviewing, and comparing as many apps as possible in Singapore. We start by selecting the apps provided by brokers that are licensed and regulated by the Monetary Authority of Singapore (MAS). Then, we review and compare their features, including testing platform performance, confirming charges, reliability of customer service and more.

In addition, we seek other investors’ opinions by going through their reviews and comments on Google Play, the App Store, and Trustpilot. The results from user opinions and our experts’ reviews are then combined to have accurate recommendations. Here is a sample of our rankings on the long-term investment apps in Singapore.

payment logo
Minimum Deposit
payment methods
Payment & Withdraw options
license logo
Regulation
Trading Platform logo
Software
Stock Assets
Demo Account

Compare with other broker
Minimum deposit
Payment & Withdraw options
License
Software
Stock Assets
Demo account
TD Ameritrade logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$0 for standard accounts, $2,000 for margin/options
Credit card, PayPal, Bank transfer
FINRA
TD Ameritrade web, Thinkorswim (desktop), TD Ameritrade Mobile App
3000+
Yes
Saxo Markets logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$2000 (depend on the country)
Bank Wire Transfer, Credit cards
MAS, PRA
SaxoTraderGO, TradingView
19000+
Yes
CMC Markets logo
Visit site
Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
No
Credit cards, Paypal
FCA, BaFin
MetaTrader 4
8,000
Yes
eToro logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Credit card, PayPal, Bank transfer, Neteller, Skrill, WebMoney
ASIC, CySec, FCA, FSAS, FSCS
eToro Proprietary Platform
2044
Yes

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1. TD Ameritrade – Overall Best Long-term Investment App in Singapore

TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade
TD Ameritrade

TD Ameritrade is one of Singapore’s well-established long-term investment apps with top-tier platforms to support all types of investors. The thinkorswim platforms are innovative, which has made it win multiple awards throughout the years. You can download TD Ameritrade from Google Play or the App Store to identify what you have been missing, if you haven’t used an investment app before.

This app also exists in a web version with similar features to those in the mobile app. However, the best thing about its mobile app is that you can seize investment opportunities anywhere using your mobile device, especially when away from the desktop. 

There is no minimum deposit required to start benefiting from TD Ameritrade. With any amount, even if it’s $50, TD Ameritrade will allow access to thousands of its offerings. The broker will also support you with proper learning and research tools. This includes a 24/7 reliable support service to guide you along the way. 

OnlineTrading.Reviews Rating:
✔Great customer support
✔ Low trading fees
3.6 rating
3.6
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • Excellent reputation in Singapore
  • Collection of platforms to suits all types of investors
  • No minimum deposit requirement
Cons
  • Its platform can be challenging for newbies to navigate.
  • Funding fees for overnight positions are high

2. StashAway – Best Long-term Investment App for New Traders in Singapore

Succeeding in the Singaporean financial markets is not as easy as it seems but with StashAway, you have the opportunity to do so. This is because StashAway is one of the popular and user-friendly long-term investment apps in Singapore. The app hosts some of the best learning resources to help beginners build up their skills and confidence. 

Note that StashAway is based in Singapore, meaning that it has the Monetary Authority of Singapore (MAS) regulating its activities. The long-term investment app is also highly rated by Singaporeans, so there is no doubt that it is trusted in the country. 

Also, there is no minimum deposit requirement and transaction charges. To any new long-term investor in Singapore, this allows you to begin your investment ventures with little money and add more as you become more confident with your trading strategies. You can also contact its 24-hour committed support service for assistance six days a week via email and phone. 

Pros
  • Well-structured StashAway Academy hosting adequate learning resources for newbies
  • User-friendly platform
  • No minimum deposit requirement
Cons
  • Limited product offering
  • No live chat

3. Saxo – Best Long-term Investment App for Low Cost in Singapore

Saxo Markets
Saxo Markets
Saxo Markets
Saxo Markets
Saxo Markets
Saxo Markets
Saxo Markets
Saxo Markets

Saxo (SaxoTraderGO) offers over 40,000 instruments on stocks, options, mutual funds, ETFs, and bonds. All these assets are invested at low costs, which are openly displayed on its platform. There are no hidden charges.

You need an investment account at Saxo which is easy to create and deposit at least $500. While this requirement can be high to most Singaporean investors, there are no transaction costs for deposits and withdrawals. 

Saxo also offers banking services besides being a trading and investment app. This is a clear indication that with this long-term investment app in Singapore, you can excel, but only if you make full use of the tools.

All said and done, download this app on your iOS or Android device and give it a try. Keep in mind that it has a demo account that is loaded with $100,000 virtual funds. However, the demo account will only be active for 20 days after you sign up for an account. Therefore, take full advantage of it early on.

OnlineTrading.Reviews Rating:
✔ Great research tools
✔ Wide array of products
3.8 rating
3.8
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • No transaction charges for deposits and withdrawals
  • Low charges on most investment products
  • Plenty of assets across diverse markets to choose
Cons
  • High inactivity costs
  • High minimum deposit requirement

4. CMC Markets – Best Long-term Investment App for iOS in Singapore

CMC Markets
CMC Markets
CMC Markets
CMC Markets
CMC Markets
CMC Markets
CMC Markets
CMC Markets

CMC Markets is one of the celebrated long-term investment apps in Singapore by iOS users. However, it ranks in this category because of its impeccable tools and assets, which are invested at low costs

The minimum account balance to get started with this app for long-term investment in Singapore is $0. This means that CMC Markets will allow you to access its asset offerings with any amount you can afford. Additionally, CMC executes trades fast, especially on iOS devices. The functions on the iOS version are also excellent to aid in managing your activities.

CMC Markets also supports its clients with outstanding research resources, including technical indicators and charting tools for your analysis. The long-term investment app is user-friendly and hosts the third-party MT4 platform. Before investing real funds, you can test it first and prove its credibility by using its $10,000 funded demo account

OnlineTrading.Reviews Rating:
✔Low forex fees
✔Excellent research and educational tools
4.1 rating
4.1
Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • Minimum deposit requirement is $0
  • Quality learning and research tools
  • User-friendly app with excellent ratings on the App Store
  • Supports the advanced MT4 platform
Cons
  • Customer service functions for only five days a week
  • No two-step login on the app

5. eToro – The Safest Long-term Investment App in Singapore

Etoro
Etoro
Etoro
Etoro
Etoro
Etoro
Etoro
Etoro

eToro is one of the safest investment apps in Singapore because it has a global presence with multiple authorities overseeing its activities, including the Monetary Authority of Singapore (MAS). The app is also highly encrypted and has a two-step login procedure that safeguards your data. 

This long-term investment app in Singapore also offers a demo account for practising before you start investing real money. It is free for usage and loaded with $100,000 virtual funds to help you get familiar with the markets you plan to invest in. You can also contact its dedicated support service that operates 24 hours, five days a week, in case you encounter any issues.

You need a live trading account to access the real markets eToro offers. With a minimum deposit of $50, you will choose from over 2,000 instruments, most of which are invested at high costs. 

OnlineTrading.Reviews Rating:
✔Free stock and ETF trading
✔Easy account opening
3.9 rating
3.9
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
  • A user-friendly app that is secured with a two-step login procedure
  • Regulated by multiple authorities globally, including MAS in Singapore
  • Offers social and copy trading to maximise investors’ potential
  • 0% commission on stock investments
Cons
  • Low product offering compared to what its peers offer
  • Withdrawal charges apply

How to Choose the Best Long-term Investment App in Singapore

Most investors, especially newbies, do not know that investing using the best app maximises your chances of making a profit. Being suitable means that it has to be legitimate and support you with the necessary tools. Simply put, the best long-term investment app in Singapore should be hosted by a MAS regulated broker

Investing with a licensed and regulated app in Singapore means that you will invest as per the region’s regulations. Your funds will also be safe from scammers who have dominated the market waiting to trick you. Other factors to consider when choosing a long-term investment app in Singapore include:

Regardless of the asset you are investing with, make sure the app you are using does not lag your activities. Although long-term investments do not require close monitoring like short-term ones, you never know when there will be a change in market performance. Therefore, using an app with high speed on order execution can help you quickly identify any changes and make the right moves.

The best app for long-term investment in Singapore should not only offer the products you want to invest in but more. This is so that when you feel like trying a new product, there will be no need for another research to choose an app offering it. Investing in multiple assets also allows you to maximise your potential through portfolio diversification.

There are various charges to expect in a long-term investment app in Singapore. These include trading and non-trading charges, and there is also a minimum deposit requirement. Some apps also have hidden costs, and for this reason, it is crucial that you check all the charges to budget accordingly.

A long-term investment app’s customer service should be reliable, meaning that it should be responsive when contacted and provide relevant solutions to any arising issues. Our recommended long-term investment apps in Singapore above have excellent support services. Although their availability varies, you are guaranteed a quick response with relevant solutions.

While most investors looking for long-term investment apps in Singapore may ignore this element, it plays a vital role in your decision. So, do not be sceptical in reviewing user comments on Google Play, the App Store and Trustpilot. Getting other users’ opinions on the apps you want to choose will help you know whether they are reliable, offer the best services, have hidden costs, and more.

FAQs

What type of investment is best for the long term in Singapore?

In Singapore, various financial assets are best for long-term investments, including stocks, bonds, ETFs, and mutual funds. However, you need to find ways of maximising your potential, and one of them is to invest with a suitable broker regulated by the Monetary Authority of Singapore (MAS).

How much should you invest in Singapore?

There is no specific minimum amount to invest in Singapore. For this reason, you can start your investment even with as little as $100. You simply need to identify an affordable broker, and most importantly, it should be overseen by MAS.

What are treated as long term investments?

Long-term investments are assets intended to be kept for over one year, including company stocks, bonds, ETFs, and mutual funds. The best way to invest in them is through a brokerage firm.

How long is considered long-term investing?

Any position that remains open for at least five years is treated as a long-term investment. To invest effectively, have a budget and choose a product that you fully understand its market. You can also select the best broker that fully supports you with the right tools to maximise your potential.

Is it better to hold stock long-term or short-term?

Both long-term and short-term investments are risky, and the only way to succeed with either of the two is making the right choice of a broker and applying the best strategy. In this regard, we can’t specify if the former is better than the latter and vice versa. It all depends on an investor’s preference and ability to manage an open position.

Do you pay taxes on long term stocks in Singapore?

No. Any profits you make from long-term stocks are not subjected to capital gains tax in Singapore. However, this may be different if you take investing in stocks as a full-time activity that your livelihood depends on. Please check the rules with your local tax office before you start trading.

What type of investment is best for the long term in Singapore?
How much should you invest in Singapore?
What are treated as long term investments?
How long is considered long-term investing?
Is it better to hold stock long-term or short-term?
Do you pay taxes on long term stocks in Singapore?

Conclusion

Singapore is one of the Asian countries with the most stable economy. No wonder many brokerage firms are seeking opportunities there. For this reason, investors are having hard times choosing the right long-term investment apps in the country. So, it is wise that you refer to our recommendations above for a suitable choice that guarantees safety and offers the best products and tools for investments. 

Thadeus Geodfrey
Thadeus Geodfrey

is a copywriter with extensive experience in trading. Thadeus knows exactly his field and what he writes about. His goal is to make life easier for traders and provide them with important information about brokers. Now, he continues to be active in trading and researching brokers for you.

There is no need to doubt his experience because the guides Thadeus writes speak for themselves. He knows exactly what to draw your attention to and will tell you truthfully about each trading platform.

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