Name: uSMART
Brand: uSMART
Price: 1.88 SGD
Availability: InStock
Rating: 4.1 (1 reviews)

Overview

uSMART stands out with its Zero-Cost Regular Savings Plan waiving all four fees for dollar-cost averaging, making it one of Singapore's most affordable DCA platforms. New users receive cash vouchers when they deposit and trade, with fractional shares starting from US$1. Good for beginners and experienced investors wanting multi-market access across US, Singapore, Hong Kong, Japan, and UK exchanges. MAS-regulated (CMS101161) and backed by Chow Tai Fook Group, uSMART holds client funds in segregated custodian accounts with 24/5 support and a physical branch.

Pros

↑Zero-cost automated savings plan with all fees waived
↑$0 commission US stocks with $1.88 platform fee per order
↑Access to five global markets including Japan and UK

Cons

↓No CDP linkage for Singapore stock holdings
↓Relatively newer platform in Singapore market
↓Limited European and emerging market coverage

Key Highlights

Welcome Offer
Cash vouchers welcome
Cash vouchers for new users when they deposit and trade
Zero-cost Regular Savings Plan with all four fees waived
Free Nasdaq Basic and NYSE ArcaBook 60-level real-time quotes
No minimum deposit requirements to open account

Trading Costs
$1.88 platform fee
US stocks: $0 commission + $1.88 platform fee per order (stocks >= $40)
SG stocks: 0.05% commission + 0.05% platform fee, no minimum
US options: $0.30/contract commission + $0.65/contract platform fee
CFDs: $0 commission on FX, gold/silver, crypto

Assets & Markets
5 global markets
Access to US, Singapore, Hong Kong stocks
Trade Japanese and UK markets
Over 10,000 stocks and ETFs available
Warrants and Daily Leveraged Certificates supported

Why Choose?
Zero-cost savings plan
All four fees waived from January 15, 2025
No commission, platform, custodian or exchange fees for RSP
Minimum S$100 investment to start
Automatic monthly deductions available

Regulation & Safety
MAS regulated
Regulated by Monetary Authority of Singapore
Capital Markets Services License CMS101161
Client funds held in segregated custodian accounts
Backed by Chow Tai Fook Group

Account Minimum
$0 minimum deposit
No minimum deposit required to open account
Start with fractional shares from US$1
Fund via eGIRO, PayNow or FAST
No account maintenance fees

Key Benefits

Trading Costs

★4.3

▼

US stocks: $0 commission + $1.88 platform fee per order (stocks >= USD 40)
SG stocks: 0.05% commission + 0.05% platform fee, no minimum
US options: $0.30/contract + $0.65/contract platform fee
HK stocks: 0.06% commission + HK$15 platform fee
Zero-cost RSP waives all four fees for automated investing
9% GST applies to all broker fees for Singapore residents

Platform And Tools

★4.2

▼

Mobile-first design with clean interface
iOS and Android apps with full functionality
Smart investment tools including Value Screener and Technical Analysis
Trend Track and daily picks for market insights
Real-time US quotes with Nasdaq Basic included
Automated dollar-cost averaging through RSP
OpenAPI for institutional and advanced traders

Research And Analysis

★3.9

▼

Smart Order system for intelligent execution
Value Screener for stock discovery
Technical Analysis tools integrated
Daily stock, option and grid picks
Expert chat community for insights
Market news and educational content
TWAP and VWAP algorithmic orders for institutions

Mobile Trading

★4.3

▼

Award-winning mobile app for iOS and Android
Won Best Brokerage for Educational Tools 2025
Full trading capabilities on mobile
Real-time quotes and price alerts
Quick Singpass integration for account opening
Portfolio monitoring and watchlists
Clean mobile-first interface design

Account Features

★4.1

▼

Three account tiers: Trader, Standard and Intel
Fractional shares for US stocks from $1
Zero-cost Regular Savings Plan with automated DCA
Multi-currency support (SGD, USD)
Fast funding via eGIRO, PayNow and FAST
Interest on idle cash up to 12% p.a. promotional
Quick approval within hours of application

Security And Trust

★4.2

▼

MAS regulated with CMS License CMS101161
Client funds segregated in custodian accounts
Backed by Chow Tai Fook Group conglomerate
Founded 2018, Singapore operations since 2021
Strong investors including Tencent, Alibaba, Yahoo
Regular compliance audits
Secure authentication and encryption

Customer Support

★4.0

▼

24/5 customer support available
Multiple contact channels: phone, email, Telegram
Local Singapore support team
First physical branch opened at Robinson Road
Educational seminars and webinars
Expert community chat in app
Response within business hours

Educational Resources

★4.1

▼

Won Best Brokerage for Educational Tools 2025
Video courses in Learning tab
Expert chat rooms for Q&A
Investment tutorials for beginners
Market analysis and insights
Daily picks to guide trading
Interactive learning features

VIP Program

1uSMART Trader

▼

Volume A U M	No minimum balance required Suitable for frequent traders
Fee Waivers	Lowest commission fees US stocks: $0.003 per share commission No welcome gifts
Exclusive Tools	Basic trading platform access Standard market data
Other Perks	Not eligible for promotional offers Focus on cost efficiency

2uSMART Standard

▼

Volume A U M	No minimum balance required Most popular tier
Fee Waivers	US stocks: $0.004 per share + $0.005 platform fee Slightly higher than Trader but with benefits
Exclusive Tools	Full access to Smart features Value Screener, Technical Analysis, Trend Track Limited usage on some tools
Other Perks	Eligible for welcome gifts Access to educational content Community chat access

3uSMART Intel

▼

Volume A U M	Higher balance requirements Premium tier for active investors
Fee Waivers	Competitive fee structure Similar to Standard pricing
Exclusive Tools	Unlimited access to all Smart features Premium analytics and tools Advanced screening capabilities
Other Perks	Priority customer support Enhanced research access Premium educational content

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	✓
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	✓
Grid Trading	✓
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	✓
Basket Trading	×
Options Strategies	✓
Smart Order Routing	✓
Backtesting Capabilities	×

Detailed Information

Commission Tiers	Three account types with different fee structures Trader: Lowest fees at $0.003 per share for US stocks Standard: $0.004 per share + $0.005 platform fee Intel: Similar to Standard with enhanced features Users can switch tiers monthly
Trading Fees	US stocks (>= $40): $0 commission + $1.88 platform fee per order US stocks (< $40): $0 commission + $0.01/share platform fee (min $1.88) SG stocks: 0.05% commission + 0.05% platform fee, no minimum HK stocks: 0.06% commission + HK$15 platform fee US options: $0.30/contract + $0.65/contract platform fee 9% GST on all broker fees for Singapore residents
Stock Etf Commission	US (>= $40): $0 commission + $1.88 platform fee US (< $40): $0 commission + $0.01/share (min $1.88) SG: 0.05% + 0.05% platform fee, no minimum HK: 0.06% + HK$15 platform fee
Options Commission	US options: $0.30/contract (premium > $0.10), $0.10/contract (premium <= $0.10) Platform fee: $0.65 per contract SPX/VIX/XSP index options: $0.30/contract + $1/contract platform fee No minimum charge, free OPRA live quotes
Futures Commission	Access to 100+ futures contracts Competitive rates for index, metals, commodities Real-time futures quotes included
Financing Rates	Margin interest at 3.5% p.a. Calculated daily, settled monthly Interest on negative cash balances
Margin Interest Rate	3.5% p.a.
Overnight Fees	Applicable for CFD positions Varies by instrument type
Non Trading Fees	No account maintenance fees No inactivity fees No custodian fees for RSP GST applies to broker fees for SG residents
Deposit Fee	0
Withdrawal Fee	0
Currency Conversion Fee	FX spread applies SGD to USD at 0.76 conversion rate Competitive rates vs mid-market
Data Feed Fees	Real-time US quotes (Nasdaq Basic) included NYSE ArcaBook 60-level quotes free Singapore real-time quotes included
Order Modification Fee	0
Vip Fee Tiers	Trader tier: Lowest trading fees Standard tier: Slightly higher with full features Intel tier: Premium features with similar pricing Monthly tier switching available

Minimum Spreads	CFD spreads from 0.27 points Varies by instrument
Maximum Leverage	Available for margin accounts Varies by instrument and regulation
Margin Call Level	Standard margin requirements apply
Stop Out Level	Automatic liquidation at critical levels
Negative Balance Protection	Yes
Settlement Period	T+2 for stocks Instant for CFDs
Order Execution Quality	Smart Order routing system TWAP and VWAP algo orders available Fast mobile execution Direct market access

Stocks Count	10,000
Etfs Count	2,000
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Over 10,000 stocks and ETFs globally US stocks and fractional shares Singapore, Hong Kong, Japan, UK stocks Options, futures, CFDs, forex Warrants and Daily Leveraged Certificates Bonds and structured products
Geographic Market Coverage	United States (NYSE, NASDAQ) Singapore (SGX) Hong Kong (HKEX) Japan (TSE) United Kingdom (LSE) China A-shares via Hong Kong Stock Connect
Major Markets Details	Full US market access with fractional shares Complete SGX coverage including REITs Full HKEX listings Japanese blue-chip stocks and ETFs UK major stocks and ETFs
Emerging Markets Details	China A-shares accessible via Stock Connect Limited broader emerging market coverage
Base Currencies Supported	SGD, USD

Trading Platforms Overview	Mobile-first architecture iOS and Android native apps Web platform accessible OpenAPI for institutions TWAP/VWAP algorithmic orders
Desktop Platform	Web-based platform access Full trading functionality Real-time quotes and charting Portfolio management
Mobile App	Award-winning iOS and Android apps Won Best Brokerage for Educational Tools 2025 Full feature parity Singpass integration for account opening Real-time notifications Offline watchlist capability
Web Platform	Browser-based access No download required Responsive design Full trading capabilities
Trading Tools And Features	Smart Order system Value Screener for stock discovery Technical Analysis tools Trend Track monitoring Daily picks for stocks, options, grid Automated dollar-cost averaging via RSP
Charting And Technical Analysis	Integrated technical analysis tools Multiple chart types Technical indicators available Real-time price updates
Risk Management Tools	Stop-loss orders Price alerts and notifications Position monitoring Risk analytics
Order Types Available	Market orders Limit orders Stop orders TWAP algorithmic orders (institutional) VWAP algorithmic orders (institutional)
Integrations And Api Access	OpenAPI platform available Free for institutional and high-frequency traders Windows, Linux, Mac OS supported No additional charges for API trading
Third Party Platforms	Wise integration for multi-currency funding
Api Rate Limits	No rate limits disclosed Free for institutional use
Algo Trading Support	Yes - OpenAPI available TWAP and VWAP orders supported

Customer Support Overview	24/5 customer support Phone, email, Telegram channels Physical branch at Robinson Road Local Singapore support team
Phone Support Hours	+65 6303 0663; +65 3135 1599 24/5 availability
Live Chat Availability	In-app support Community chat with experts
Email Response Time	[email protected] Within business hours
Languages Supported	English, Chinese
Local Office Presence	Singapore headquarters and first branch 3 Phillip Street #12-04 Royal Group Building
Account Manager	Available for Standard and Intel accounts Proactive support after registration
Educational Resources Overview	Won Best Brokerage for Educational Tools 2025 Video courses in Learning tab Expert chat rooms Investment seminars and webinars Interactive learning features
Beginner Resources	Yes, detailed beginner courses Step-by-step guides Expert Q&A community
Webinars And Tutorials	Regular educational webinars Video tutorials available Interactive sessions with experts
Market Analysis And Research	Daily stock picks Daily options picks Daily grid picks Market news and insights Trend analysis
Demo Account Details	Not specified
Trading Courses	Investment courses available Video-based learning Beginner to intermediate levels
Tax Reporting Help	Basic transaction history Export capabilities for tax filing

Regulation Overview	Regulated by Monetary Authority of Singapore Capital Markets Services License Also licensed in Hong Kong by SFC SEC registered in USA (2025)
Primary Regulator	Monetary Authority of Singapore (MAS)
License Number	CMS101161 (Singapore) UEN: 202110113K
Investor Protection Scheme	Client funds segregated in custodian accounts Funds do not commingle with company accounts Regular due diligence on counterparties Backed by Chow Tai Fook Group
Security Features	Secure authentication Singpass integration Data encryption Regular security audits Segregated client assets Strong corporate backing

Commission Tiers

Three account types with different fee structures
Trader: Lowest fees at $0.003 per share for US stocks
Standard: $0.004 per share + $0.005 platform fee
Intel: Similar to Standard with enhanced features
Users can switch tiers monthly

Trading Fees

US stocks (>= $40): $0 commission + $1.88 platform fee per order
US stocks (< $40): $0 commission + $0.01/share platform fee (min $1.88)
SG stocks: 0.05% commission + 0.05% platform fee, no minimum
HK stocks: 0.06% commission + HK$15 platform fee
US options: $0.30/contract + $0.65/contract platform fee
9% GST on all broker fees for Singapore residents

Stock Etf Commission

US (>= $40): $0 commission + $1.88 platform fee
US (< $40): $0 commission + $0.01/share (min $1.88)
SG: 0.05% + 0.05% platform fee, no minimum
HK: 0.06% + HK$15 platform fee

Options Commission

US options: $0.30/contract (premium > $0.10), $0.10/contract (premium <= $0.10)
Platform fee: $0.65 per contract
SPX/VIX/XSP index options: $0.30/contract + $1/contract platform fee
No minimum charge, free OPRA live quotes

Futures Commission

Access to 100+ futures contracts
Competitive rates for index, metals, commodities
Real-time futures quotes included

Financing Rates

Margin interest at 3.5% p.a.
Calculated daily, settled monthly
Interest on negative cash balances

Margin Interest Rate

3.5% p.a.

Overnight Fees

Applicable for CFD positions
Varies by instrument type

Non Trading Fees

No account maintenance fees
No inactivity fees
No custodian fees for RSP
GST applies to broker fees for SG residents

Deposit Fee

Withdrawal Fee

Currency Conversion Fee

FX spread applies
SGD to USD at 0.76 conversion rate
Competitive rates vs mid-market

Data Feed Fees

Real-time US quotes (Nasdaq Basic) included
NYSE ArcaBook 60-level quotes free
Singapore real-time quotes included

Order Modification Fee

Vip Fee Tiers

Trader tier: Lowest trading fees
Standard tier: Slightly higher with full features
Intel tier: Premium features with similar pricing
Monthly tier switching available

uSMART

Overview

Pros

Cons

Key Highlights

Key Benefits

VIP Program

Available Tools

Detailed Information

Related Products

Pros

Cons