There are startups trying to break into the scene but none so far successful in Singapore. Check out Freetrade from the UK; they're a zero-fee trading platform that started out about 4 years ago. I've had the luxury of using it when I lived in the UK and can vouch it's indeed commission-free and has a lovely UI. As an active investor, I too wish Singapore will have one soon. Will require more relaxes in regulatory restrictions, supportive funding and more exposure to retail investors.