13 Products Found
Most Popular
~ 0.23% p.a.
PRICING
None
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
0.2% to 0.8% p.a.
PRICING
None
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
User Experience
Ease of Sign up
Customer Support
"I'm a complete investment novice but the simple UI and helpful articles..." 11h ago
0.4% to 0.65% p.a.
PRICING
None
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
[EXCLUSIVE] First $30,000 managed free for 6 months using the exclusive promo code "SEEDLYWAIVER". Valid till 16 March 2021.
0.35% p.a.
PRICING
None
MINIMUM INVESTMENT
Web only
PLATFORMS
User Experience
Ease of Sign up
Customer Support
"fast set up seems to be able to customized but the deposit..." 2d ago
Flat 0.5% + USD18 platform fee p.a.
PRICING
$3,000
MINIMUM INVESTMENT
Web only
PLATFORMS
[EXCLUSIVE] S$20 direct cash top up when you sign up using promo code “SeedlyAW”. View promotion under "More Details".
User Experience
Ease of Sign up
Customer Support
"Good returns and great customer support. The team is knowledgeable and..." 1w ago
0.25% to 0.60% p.a.
PRICING
$10,000
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
[EXCLUSIVE] $20 off your access fees for new sign-ups through the "Visit Site" link or "Apply Now" button.
User Experience
Ease of Sign up
Customer Support
"[Onboarding Experience] I registered for EndowUs CPF OA investment and Cash Smart Enhanced. It..." 3w ago
0% to 0.3% p.a.
PRICING
$100
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
User Experience
Ease of Sign up
Customer Support
"Review: 1.) Application process is fast and smooth. 2.) A number of variety of..." 3w ago
0.88% p.a.
PRICING
USD$100
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
User Experience
Ease of Sign up
Customer Support
"issue 1 do not understand the rebalance process. before dec 7, my..." 1w ago
User Experience
Ease of Sign up
Customer Support
"Was forced to liquidate during the recession and could not enjoy the..." 3mth ago
0.5% - 0.6% p.a.
PRICING
$100
MINIMUM INVESTMENT
Web
PLATFORMS
0.15% p.a
PRICING
$10
MINIMUM INVESTMENT
Web only
PLATFORMS
"[Customer Support] Prompt replies and always a proper closure with regards to my..." 12h ago
0.75% p.a.
PRICING
$1000 to $1357.40
MINIMUM INVESTMENT
Web and Mobile App
PLATFORMS
User Experience
Ease of Sign up
Customer Support
"Been using Asia portfolio comfy cruising and I have profit about 3.5%..." 3w ago
0.5% p.a. + 10% performance fee
PRICING
None
MINIMUM INVESTMENT
Web only
PLATFORMS
"I was investing with SquirrelSave along with other robo-advisors. When the other..." 3mth ago
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!
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!
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:
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.
Currently there are a few major Robo advisors in Singapore. They are mainly:
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.
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!