Webull vs Saxo: brokerage fees compared

S$5,000 SGX buy order: Webull S$5.68; Saxo (Saxo Classic) S$6.37. US$5,000 US buy order (at US$100 a share): Webull US$0.00; Saxo (Saxo Classic) US$4.36. Standard published rates, GST included, verified 26 Oct 2026.

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.

SGX

Broker / planS$1,000S$5,000S$10,000S$50,000
WebullCustodian
Webull		S$2.95S$5.68S$10.57S$49.81
SaxoCustodian
Saxo Classic		S$3.68S$6.37S$12.72S$63.60

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).

US shares

Broker / planUS$1,000US$5,000US$10,000
Webull
Webull		US$0.00US$0.00US$0.00
Saxo
Saxo Classic		US$1.09US$4.36US$8.72

Total cost of one buy order, standard rates, GST 9% included, share price US$100.00. Highlighted = lowest in each column. Sorted by the US$5,000 column.

Saxo fee information: Source: Saxo Markets, www.home.saxo/sg (Saxo disclaimer).

How SGX shares are held

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