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

Best Robo-Advisors

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

12 Products Found

Most Popular
Most ReviewedHighest RatingA-Z
  • 0.2% to 0.8% p.a.
    PRICING
    None
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.8

    Ease of Sign up

    4.9

    Customer Support

    4.8
    YJ

    "[User Experience] Very seamless, clean app design! [Customer Support] Fast & professional customer-oriented service [Returns..." 2h ago

  • 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
    KR

    "[Onboarding Experience] Easy and straight forward. Portfolio is activated the next day. [User Experience] Mobile..." 16h ago

  • 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

    4.8
    Jeff Yeo

    "I started investing in May 2020 with a 0.08% profit it has..." 11h ago

  • 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
    W

    "I have been using Autowealth since Feb 2018 where back then there..." 3w ago

  • 0.88% p.a.
    PRICING
    $1,500
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS

    User Experience

    4.3

    Ease of Sign up

    4.5

    Customer Support

    4.0
    S

    "I've used OCBC RoboInvest for over 1 year. The 0.88% platform fee..." 5d ago

  • User Experience

    4.6

    Ease of Sign up

    4.9

    Customer Support

    4.4
    Jackson Chan

    "Sad that it is gone. It has great user interface and great..." 1w ago

  • 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

    4.6
    Ron Tan Tock Chuan

    "Easy to use, low costs and wide range of products. Rare platform..." 2d ago

  • 0.75% p.a.
    PRICING
    $1000 to $1357.40
    MINIMUM INVESTMENT
    Web and Mobile App
    PLATFORMS
    HeYuan Chen

    "Easy to use and invest in uk listed etfs. E funds were..." 1w ago

  • 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..." 11mth ago

  • 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..." 3mth 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.