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Updated September 2021

Best Robo-Advisors

Compare and read real user reviews on Robo-Advisors in Singapore

14 Products Found

    Most Popular
    Most ReviewedHighest RatingA-Z
    StashAway

    ETFs, Equities, Bonds

    INSTRUMENTS

    0.2% to 0.8% p.a.

    ANNUAL MANAGEMENT FEE

    None

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    [PROMO] Get 6-month management fee waiver. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    StashAway Simple

    Cash Management

    INSTRUMENTS

    None

    ANNUAL MANAGEMENT FEE

    None

    MINIMUM INVESTMENT

    1.20%

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    User Experience

    4.9

    Ease of Sign up

    4.9

    Customer Support

    4.8
    JY

    "Fuss free and Can invest with SRS account. Depositing and withdrawing is..." 6d ago

    Slide 1 of 5
    • Endowus Cash Investments Portfolio

      Equities, Bonds

      INSTRUMENTS

      0.25% to 0.60%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      N/A

      EXPECTED ANNUAL RETURN

      Web and Mobile App

      PLATFORMS

      [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    • Endowus CPF Investments Portfolios

      Equities, Bonds

      INSTRUMENTS

      0.4%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      N/A

      EXPECTED ANNUAL RETURN

      Web and Mobile App

      PLATFORMS

      [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    • Endowus SRS Investment Portfolios

      Equities, Bonds

      INSTRUMENTS

      0.4%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      N/A

      EXPECTED ANNUAL RETURN

      Web and Mobile App

      PLATFORMS

      [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    • Endowus Cash Smart Enhanced

      Cash Management

      INSTRUMENTS

      0.05%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      1.2% - 1.4%

      EXPECTED ANNUAL RETURN

      Web and Mobile App

      PLATFORMS

      [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    • Endowus Cash Smart Core

      Cash Management

      INSTRUMENTS

      0.05%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      0.80% - 0.9%

      EXPECTED ANNUAL RETURN

      Web and Mobile App

      PLATFORMS

      [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

    User Experience

    4.8

    Ease of Sign up

    4.8

    Customer Support

    4.9
    Bang Hong

    "[Returns Rate] Returns are decent for 2021 as compared to other Robo. [Customer..." 2d ago

    Syfe

    ETFs, Equities, Bonds, REITs, Gold

    INSTRUMENTS

    0.4% to 0.65%

    ANNUAL MANAGEMENT FEE

    None

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    Syfe Cash+

    Cash Management

    INSTRUMENTS

    None

    ANNUAL MANAGEMENT FEE

    None

    MINIMUM INVESTMENT

    1.5%

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    User Experience

    4.7

    Ease of Sign up

    4.8

    Customer Support

    4.7
    CC

    "[Others] I have personally invested in reits+, equity 100 and disruptive etfs. Though..." 5d ago

    ETFs, Equities, Bonds

    INSTRUMENTS

    0.5%

    ANNUAL MANAGEMENT FEE

    $3,000

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web only

    PLATFORMS

    User Experience

    4.7

    Ease of Sign up

    4.7

    Customer Support

    4.8
    NN

    "Autowealth is very transparent in how they deal with your funds, something..." 2w ago

    ETFs, Equities, Bonds, Metals

    INSTRUMENTS

    0.88%

    ANNUAL MANAGEMENT FEE

    USD100

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    User Experience

    4.3

    Ease of Sign up

    4.5

    Customer Support

    4.0
    L

    "They have an interesting array of portfolios, allowing me to invest in..." 2w ago

    Slide 1 of 3
    • MoneyOwl

      Equities, Bonds

      INSTRUMENTS

      0.5% to 0.6%

      ANNUAL MANAGEMENT FEE

      $100

      MINIMUM INVESTMENT

      N/A

      EXPECTED ANNUAL RETURN

      Web

      PLATFORMS

    • Fullerton MoneyOwl WiseIncome

      Equities, REITs, Fixed Income

      INSTRUMENTS

      0.5% to 0.6%

      ANNUAL MANAGEMENT FEE

      $1,000

      MINIMUM INVESTMENT

      4.5% to 4.8%

      EXPECTED ANNUAL RETURN

      Web

      PLATFORMS

    • MoneyOwl WiseSaver

      Cash Management

      INSTRUMENTS

      None

      ANNUAL MANAGEMENT FEE

      $10

      MINIMUM INVESTMENT

      N/A

      EXPECTED ANNUAL RETURN

      Web

      PLATFORMS

    User Experience

    5.0

    Ease of Sign up

    5.0

    Customer Support

    4.9
    JC

    "So lucky to have Tee Jia Cheng as my advisor to start..." 12h ago

    Curated ETFs, Auto Rebalanced Portfolios

    INSTRUMENTS

    0% to 0.3%

    ANNUAL MANAGEMENT FEE

    None

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    User Experience

    4.3

    Ease of Sign up

    4.7

    Customer Support

    4.6
    CC

    "[Investment Method] Good for investors with a small capital (less than 10k if..." 5d ago

    User Experience

    4.6

    Ease of Sign up

    4.9

    Customer Support

    4.3
    Jiayee

    "Was forced to liquidate during the recession and could not enjoy the..." 11mth ago

    ETFs

    INSTRUMENTS

    0.75%

    ANNUAL MANAGEMENT FEE

    $1000 to $1357.40

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web and Mobile App

    PLATFORMS

    User Experience

    4.0

    Ease of Sign up

    4.8

    Customer Support

    3.8
    J

    "Has a good interface with some limited customisation of both ETF and..." 2w ago

    Equities, ETFs

    INSTRUMENTS

    0.6% to 0.8%

    ANNUAL MANAGEMENT FEE

    $1

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Mobile App

    PLATFORMS

    Muhammad Shazli

    "[User Experience] I think the app definitely can be made more slicker, however..." 2mth ago

    Disclaimer: Products with a "Visit Site" button pay to access additional features


    Seedly's Product Comparison Page Listing Guidelines
    For Robo-Advisors products to be listed on Seedly's Product Comparison Page, they have to fulfil the following criteria:

    • Provides option to spend or transact in foreign currencies at FOREX/Interbank rates
    • Auto or partially automated portfolio asset allocation

    What Is A Robo-Advisor?

    Robo-advisors are a personalised trust where investors can invest their money in.

    Instead of a fund manager, these trusts provide investment solutions based on mathematical rules or algorithms.

    If you're wary and only trust humans to handle your investment, it's not like there's completely no human touch at all when it comes to robo-advisors.

    These algorithms are calculated and programmed by humans based on financial models and risk appetites set by the company. It's just that with robo-advisors, the trust simply requires lesser human supervision.

    This is, in contrast, to actively managed funds that are run by mutual fund managers. With the use of algorithms, the cost of managing the fund is cheaper as compared to the usually hefty 2 to 3% management fees that fund managers usually charge.

    In Singapore, most robo-advisors allow you to invest in US and global ETFs, and the portfolios are usually exposed to a variety of asset classes that spans everything from equities to commodities and even gold.

    But apart from the fees and minimum investment amount to start investing...

    It's important to also find out about stuff like what the user experience and customer support is like!

    robo-advisor comparison which is best 2021

    No robo-advisor or company can give a complete picture of this...

    So the best way is to read real user reviews on SeedlyReviews to find out what the actual experience is like when investing with these robo-advisors!

    What Does a Robo Advisor Do?

    Robo advisors are digital platforms that make automated and algorithm-driven investment decision. This makes low cost, diversified, passive investing accessible to investors.

    In Singapore, the process for signing up to invest with a robo-advisor is pretty simple:

    • First, the robo advisor will collect information from the investor to understand the risk appetite, investment time horizon, future goals and financial situation of the investor
    • Next, the investor will be assigned one of the robo advisor's portfolio that best suits the investor
    • The investor can then fund the account through a lump sum deposit or a monthly contribution
    • The robo advisor will then monitor the market and rebalance the portfolio if need be

    Note: as most of this is carried out with the help of an algorithm, investors might not be able to freely and actively choose to allocate their investments differently from what is provided in the portfolio.

    The Best Robo Advisors in Singapore 2021

    Currently there are a few major Robo advisors in Singapore. They are mainly:

    AutoWealth

    • Management Fees / Platform Fees/ Advisor Fees: Flat fee of 0.5% + USD18 platform fee per annum
    • Minimum Investment Amount: S$3,000
    • Methodology: Rule-based allocation (fixed way of allocation based on risk profile)
    • Investment Portfolios available: AutoWealth portfolios are diversified across more than 8,000 stocks and 600 government bonds across 4 geographical regions, and index-tracking ETFs

    CONNECT

    • Management Fees / Platform Fees/ Advisor Fees: All-in management fee of 0.75% per annum across all portfolios
    • Minimum Investment Amount: USD$1,000
    • Methodology: CONNECT combines personalised advice, the latest technology and academic research, from Nobel Laureate Academics and scientists working with Dimensional Fund Advisor, so you can capture returns in the long-run through the premium associated with dimensions of higher expected returns.
    • Investment Portfolios: Connect's portfolios can span over 10,000 securities across 44 countries, providing maximum diversification

    DBS digiPortfolio

    • Management Fees / Platform Fees/ Advisor Fees: 0.75% of AUM p.a. (Portfolio Management Fee) for all amounts of investment
    • Minimum Investment Amount: S$1,000 or USD$1,000
    • Methodology: Hybrid investing combining expertise from DBS private banking and robo-technology for a cost-effective way to grow and protect your wealth through regional or global diversification.
    • Investment Portfolios: Global and Asia portfolio. Invest according to different risk profiles

    Endowus

    • Management Fees / Platform Fees/ Advisor Fees:
      Between 0.60% (up to S$200k) to 0.25% (more than S$5 Mil) of AUM p.a.
      0.4% for SRS CPF portfolio
    • Minimum Investment Amount: S$10,000
    • Methodology: Building of Global portfolio via Dimensional Fund Advisors (DFA) & PIMCO funds
    • Investment Portfolios available: Globally diversified, low-cost portfolios built on best-in-class mutual funds (or unit trusts)
    • CPF SRS Investment option available

    Kristal.AI

    • Management Fees / Platform Fees/ Advisor Fees: 0% - 0.3% p.a.,
      No management fees for accounts up to USD$50,000,
      0.3% p.a. thereafter
    • Minimum Investment Amount: -
    • Methodology: Curated ETFs, goal-based financial planning and customised portfolios by AI-based advisory
    • Investment Portfolios available: Curated ETFs

    MoneyOwl

    • Management Fees / Platform Fees/ Advisor Fees: 0.5% - 0.6% p.a. depending on your investment amount (platform fee absorbed)
    • Minimum Investment Amount: S$100
    • Methodology: Can set up to a maximum of 20 different investment portfolios
    • Investment Portfolios available: five portfolios with exposure to three funds managed by Dimensional Fund Advisors eg. Dimensional Global Core Equity Fund, Dimensional Emerging Markets Large Caps Core Equity Fund, Dimensional Global Short Fixed Income Fund

    OCBC RoboInvest

    • Management Fees / Platform Fees/ Advisor Fees: 0.5% - 0.88% p.a. depending on your investment amount
    • Minimum Investment Amount: USD $100
    • Methodology: Selected baskets of portfolios comprising stocks and ETFs, specially curated by OCBC’s leading wealth experts.
    • Investment Portfolios available: 33 types of portfolios across 6 risk tolerance for investors to choose from, including exchange traded funds (ETFs) and equities

    Phillip SMART Portfolio

    • Management Fees / Platform Fees/ Advisor Fees: 0.5%
    • Minimum Investment Amount: S$5,000
    • Investment Portfolios available: Unit Trusts, ETFs, closed-end funds, investment trusts, business trusts and Exchange-traded notes.

    SquirrelSave

    • Management Fees / Platform Fees/ Advisor Fees:
      0.5% management fee per annum and 10% performance fee
      Minimum Investment Amount: -
    • Methodology: Fully AI platform that invests based on personalized risk profiling of individuals.
    • Investment Portfolios available: Global ETF portfolio

    StashAway

    • Management Fees / Platform Fees/ Advisor Fees: 0.2%-0.8% p.a depending on your investment amount
    • Minimum Investment Amount: None; S$10,000 for Income Portfolio
    • Investment Portfolios available: Selected assortment of highly diversified, liquid and low-cost exchange-traded funds (ETFs)
    • CPF SRS Investment option available

    Syfe

    • Management Fees / Platform Fees/ Advisor Fees: 0.4% to 0.65% p.a. depending on your investment amount
    • Minimum Investment Amount: None, but a minimum of USDS$5,000 is recommended
    • Methodology: Believes long-term investing is more about managing risks than chasing returns. Takes a dynamic, risk-based approach to your portfolio’s asset allocation to deliver better returns.
    • Investment Portfolios available: Curated ETFs

    UTRADE Robo

    • Management Fees / Platform Fees/ Advisor Fees: 0.5% - 0.88% p.a. depending on your investment amount
    • Minimum Investment Amount: S$5,000
    • Methodology: Automated fund management service that maximizes investment return for each client's risk profile, which is determined by their financial objective and risk profile.
    • Investment Portfolios available: Global diversified curated ETFs across equities, fixed income and commodities.

    Can Robo-Advisors Beat the Market?

    While the idea of using algorithms to invest sounds genius, investing with robo advisors are not a sure win.

    Despite being intelligently diversified, your investments made through your robo advisor are still susceptible to market fluctuations. There are still risks to the assets chosen.

    Your investments will rise and fall over the short term and you can still lose money investing with robo advisors. Hence, robo advisors are not a sure-win way to beat the market.

    Tools to Help you Choose the Best Robo Advisor

    To help Singaporeans make smarter personal finance decision, you can read our robo-advisor comparison articles:

    Or check out what the robo advisory companies themselves have to say in our Robo-Advisor AMA with robo-advisors like Stashaway and Autowealth!

    Still have questions about robo-advisors? Feel free to ask your Seedly peers or the friendly community experts on Seedly!

    Contact us at [email protected] should you require any assistance or spot any inaccuracies.