Best Robo-Advisors in Singapore 2020 - Seedly
 
UPDATED JANUARY 2020

Best Robo-Advisors

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

11 Products Found

Most Reviewed

  • Most Reviewed
  • Highest Rating
  • A-Z
Most ReviewedHighest RatingA-Z
  • StashAway
    StashAway
    4.8
    283 Reviews
    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

    4.9
    P

    "[User Experience] Very friendly and easy user experience. Android App is very easy..." 15h ago

  • AutoWealth
    AutoWealth
    4.7
    133 Reviews
    Flat 0.5% + USD18 platform fee p.a.
    PRICING
    $3,000
    MINIMUM INVESTMENT
    Web only
    PLATFORMS

    User Experience

    4.7

    Ease of Sign up

    4.7

    Customer Support

    4.8
    YC

    "I started with autowealth in sep 2016. So far the return is..." 1mth ago

  • 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
    P

    "[User Experience] Can be accessed only on website. Wish they have a mobile..." 15h ago

  • Smartly
    Smartly
    4.6
    56 Reviews
    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
    DZ

    "Used this in their beginning years but officially got active only beginning..." 2mth ago

  • Syfe
    Syfe
    4.6
    53 Reviews
    0.4% to 0.65% p.a.
    PRICING
    None
    MINIMUM INVESTMENT
    Web only
    PLATFORMS

    User Experience

    4.6

    Ease of Sign up

    4.8

    Customer Support

    4.7
    Jer Jian

    "Easy to use with excellent customer support! They answer my queries promptly..." 2mth ago

  • Endowus
    Endowus
    4.8
    33 Reviews
    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
    Chee Seng Marcus Chew

    "[Onboarding Experience] It was excellent as everything could be done with in the..." 14h ago

  • Kristal.AI
    Kristal.AI
    4.6
    24 Reviews
    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

    4.8
    MT

    "Best of all is the first USD50K has no management fee. No..." 2mth ago

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

    "Its good overall but I am not impressed with the performance. I..." 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..." 7mth ago

  • 0.5% p.a. + 10% performance fee
    PRICING
    None
    MINIMUM INVESTMENT
    Web only
    PLATFORMS
    Shaun Goh

    "Just signed-up, so far the lowest annual fee (with no tiered investment..." 4mth 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.