Cheapest CDP brokerage in Singapore: published fees

Among brokers whose fees we can source, the lowest published total for a S$5,000 SGX buy order settled into your own CDP account is S$29.82 (UOB Kay Hian Cash account at UOB Kay Hian), GST included. Only one plan we cover offers CDP settlement, so this is a short list, not the whole market.

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.

CDP plans with sourced fees

Broker / plan	S$1,000	S$5,000	S$10,000	S$50,000
UOB Kay HianCDP or custodian UOB Kay Hian Cash account	S$28.08	S$29.82	S$34.72	S$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.

UOB Kay Hian also offers a UOBKH CDP sub-account, which has its own quarterly maintenance fee (see the UOB Kay Hian page).

For comparison: custodian plans

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

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

What is a CDP-linked brokerage account?

Shares you buy on SGX are credited to your own securities account at The Central Depository (CDP), in your name, rather than being held by the broker or its custodian.

Why are custodian accounts usually cheaper to trade?

Brokers set their own fees. In the plans we can source, the lowest published total for a S$5,000 SGX buy is S$4.36 for custodian (or not stated) holdings and S$29.82 for CDP settlement.

Why is the CDP list short?

Of the plans we cover, only one publishes CDP settlement. 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.