Best Robo-Advisors in Singapore 2020 - Seedly
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Updated March 2020

Best Robo-Advisors

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

12 Products Found

Most Popular

  • Most Popular
  • Most Reviewed
  • Highest Rating
  • A-Z
Most Popular
Most ReviewedHighest RatingA-Z
  • StashAway
    StashAway
    4.7
    303 Reviews
    Visit Site
    0.2% to 0.8% p.a.
    PRICING
    None
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.9

    Ease of Sign up

    4.9

    Customer Support

    4.8
    Daniel Ong

    "Been using Stashaway for a while now. And I will continue to..." 1w ago

  • Endowus
    Endowus
    4.8
    57 Reviews
    Visit Site
    0.25% to 0.60% p.a.
    PRICING
    $10,000
    MINIMUM INVESTMENT
    Web
    PLATFORMS

    User Experience

    4.8

    Ease of Sign up

    4.9

    Customer Support

    4.9
    LI Zhuoran

    "[Investment Method] Having worked in two Singaporean digital wealth management companies, I'm proud..." 3d ago

  • AutoWealth
    AutoWealth
    4.6
    134 Reviews
    Visit Site
    Flat 0.5% + USD18 platform fee p.a.
    PRICING
    $3,000
    MINIMUM INVESTMENT
    Web only
    PLATFORMS

    User Experience

    4.6

    Ease of Sign up

    4.7

    Customer Support

    4.8
    Zeeeee

    "Started my journey with Autowealth in Oct 2017 with a Risk Level..." 1mth ago

  • Syfe
    Syfe
    4.6
    62 Reviews
    Visit Site
    0.4% to 0.65% p.a.
    PRICING
    None
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.6

    Ease of Sign up

    4.8

    Customer Support

    4.7
    Caleb Tan

    "[User Experience] 1. Submitted feedback about poor readability issue on iOS app when..." 2d ago

  • Smartly
    Smartly
    4.6
    57 Reviews
    Visit Site
    0.5% to 1% p.a.
    PRICING
    None
    MINIMUM INVESTMENT
    Web only
    PLATFORMS

    User Experience

    4.6

    Ease of Sign up

    4.9

    Customer Support

    4.4
    Ianton Tan

    "Too bad they have just announced their closure. Performance was mediocre but..." 4d ago

  • Kristal.AI
    Kristal.AI
    4.6
    27 Reviews
    Visit Site
    0% to 0.3% p.a.
    PRICING
    $100
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.4

    Ease of Sign up

    4.8

    Customer Support

    4.7
    Alex Teo

    "Initially I had some queries/concerns on fund withdrawal, however their response was..." 1w ago

  • OCBC RoboInvest
    OCBC RoboInvest
    4.2
    111 Reviews
    Visit Site
    0.88% p.a.
    PRICING
    $3,500
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.4

    Ease of Sign up

    4.5

    Customer Support

    4.1
    Bryan Lee

    "User Experience: The web based interface is relatively ok to use. Not..." 1mth ago

  • DBS digiPortfolio
    DBS digiPortfolio
    3.8
    6 Reviews
    Visit Site
    0.75% p.a.
    PRICING
    $1000 to $1357.40
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS
    Kenneth Lou

    "[User Experience] It was pretty straightforward to sign up to the DBS Digiportfolio..." 1mth ago

  • Visit Site
    0.5% p.a.
    PRICING
    $5,000
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS
    Eric

    "Invested in the Growth portfolio since Feb 17. Total return currently..." 9mth ago

  • SquirrelSave
    SquirrelSave
    4.0
    3 Reviews
    Visit Site
    0.5% p.a. + 10% performance fee
    PRICING
    None
    MINIMUM INVESTMENT
    Web only
    PLATFORMS
    sufiknight

    "[User Experience] Simple and easy to use. Currently only web-based. [Customer Support] Can be further..." 1mth ago

What is a Robo-advisor?

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

They provide a investment solutions based on mathematical rules or algorithms. These algorithms are calculated and programmed by humans based on financial models and risk appetites set by the company, and requires lesser human supervision.

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

In Singapore, most of the robo advisors invest in US and global ETFs, and the portfolios are usually exposed to a variety of asset classes which encompasses equities, commodities and gold.

What happens when one invests in a Robo Advisor?

In Singapore, the process for signing up to invest with a Robo Advisor is as such:

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

As most of these are done with the help of algorithm, investors cannot actively choose to allocate their investment different from the fixed portfolio provided.

Robo-advisors in Singapore

Currently there are a few major Robo-advisors in Singapore.

They are mainly:

  • StashAway
  • AutoWealth
  • Smartly
  • Kristal.AI
  • Syfe
  • SquirrelSave
  • Phillip SMART Portfolio
  • Endowus
  • UTRADE Robo
  • OCBC RoboInvest
  • DBS digiPortfolio

Tools to help you choose the best Robo Advisor for you

To help Singaporeans make smarter personal finance decision, here are some tools to help you:

One can read up our comparison article on all the robo-advisors here:

If there are still questions after reading Real User Reviews on the Robo Advisors or ask the community at Seedly QnA.