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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1

Broker 2

VS field	UOB Kay Hian utrade.com.sg Stock BrokerETF BrokerETF	DEGIRO degiro.com ETF BrokerMulti Asset BrokerETF
Decision summary
Overall score

Trust score	88	100

Cost score	67	92

Platform score	76	92

Withdrawal score	72	89

Best for	Best suited to Singapore investors seeking a MAS-regulated, full-service multi-asset broker with UTRADE platforms, research, local market access, CFDs and leveraged FX; requires m…	European self-directed investors seeking low-cost access to stocks and ETFs · Investors who prefer web/mobile platforms and exchange-traded products

Watch out	General brokerage minimum deposit and full withdrawal terms not fully disclosed in extracted public sources · Licence number not visible in MAS extracted content · CFDs/LFX are le…	Needs verification

Trust & regulation
Regulators	Monetary Authority of Singapore (MAS) Source	Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB. Source
License numbers	MAS FID page verifies licence status but does not expose a CMS licence number in extracted text; institution detail id 189. Source	Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245. Source
Regulated entities	UOB KAY HIAN PRIVATE LIMITED, incorporated in Singapore Source	DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main. Source
Negative balance protection	No negative balance protection found; CFD risk disclosure says losses may exceed deposited collateral and client may be liable for deficits. Source	No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only. Source
Investor compensation	No investor-compensation scheme coverage statement found in official extracted sources. Source	Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply. Source
Restricted countries	Site is not directed at residents of the United States and countries belonging to the European Economic Area; not intended where contrary to local law/regulation. Source	Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page. Source

Trust & regulation

Regulators

Monetary Authority of Singapore (MAS)

Source

Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB.

Source

License numbers

MAS FID page verifies licence status but does not expose a CMS licence number in extracted text; institution detail id 189.

Source

Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245.

Source

Regulated entities

UOB KAY HIAN PRIVATE LIMITED, incorporated in Singapore

Source

DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main.

Source

Negative balance protection

No negative balance protection found; CFD risk disclosure says losses may exceed deposited collateral and client may be liable for deficits.

Source

No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only.

Source

Investor compensation

No investor-compensation scheme coverage statement found in official extracted sources.

Source

Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply.

Source

Restricted countries

Site is not directed at residents of the United States and countries belonging to the European Economic Area; not intended where contrary to local law/regulation.

Source

Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page.

Source

Costs & account conditions
Minimum deposit	CFD equities: S$3,000; share margin: S$10,000 cash or S$12,500 marginable securities; general brokerage not disclosed. Source	No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account. Source
Spread from	CFD DMA no added spreads; LFX exact spread-from not disclosed. Source	Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs. Source
Commission	CFD equity commissions verified by market; traditional SGX share comparison shows 0.275% online and 0.40% broker-assisted. Source	Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply. Source
Maximum leverage	Maximum documented leverage: CFD indices up to 20x; CFD equities up to 10x; share margin 5x credit/4x securities. Source	DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources. Source
Deposit fee	Most listed deposit methods NIL; telegraphic transfer incurs bank fee. Source	No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees. Source
Withdrawal fee	Not fully disclosed; share-margin terms state TT fees and charges apply. Source	No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees. Source
Inactivity fee	No inactivity fee schedule found in official extracted sources. Source	No inactivity fee; UK fee page lists inactivity fee as €0. Source

Costs & account conditions

Minimum deposit

CFD equities: S$3,000; share margin: S$10,000 cash or S$12,500 marginable securities; general brokerage not disclosed.

Source

No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account.

Source

Spread from

CFD DMA no added spreads; LFX exact spread-from not disclosed.

Source

Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs.

Source

Commission

CFD equity commissions verified by market; traditional SGX share comparison shows 0.275% online and 0.40% broker-assisted.

Source

Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply.

Source

Maximum leverage

Maximum documented leverage: CFD indices up to 20x; CFD equities up to 10x; share margin 5x credit/4x securities.

Source

DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources.

Source

Deposit fee

Most listed deposit methods NIL; telegraphic transfer incurs bank fee.

Source

No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees.

Source

Withdrawal fee

Not fully disclosed; share-margin terms state TT fees and charges apply.

Source

No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees.

Source

Inactivity fee

No inactivity fee schedule found in official extracted sources.

Source

No inactivity fee; UK fee page lists inactivity fee as €0.

Source

Markets, platforms & payments
Tradable assets	Equities, ETFs, CFDs, leveraged FX, unit trusts, bonds/fixed income and selected leveraged products. Source	Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability. Source
Trading platforms	UTRADE Web/Mobile, UTRADE Delta, CFD Pro/Lite/Edge, FX Elite, MT4, Currenex Viking, BondbloX widget. Source	DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android. Source
Account types	Instant account; Securities and Unit Trust; UTRADE X Cash Upfront; CFD; Leveraged FX/commodities/CFD indices; Robo; margin facility. Source	DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available. Source
Deposit methods	Internet bill payment, FAST transfer, SGD cash at cashier, cheque and telegraphic transfer. Source	Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency. Source
Withdrawal methods	CFD withdrawals via trading representative; UCASH advertises T+1 withdrawal; TT fees may apply for margin withdrawals. Source	Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn. Source
Withdrawal processing time	General withdrawal processing time not disclosed; UCASH promotion says T+1 Withdrawal. Source	Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete. Source

Markets, platforms & payments

Tradable assets

Equities, ETFs, CFDs, leveraged FX, unit trusts, bonds/fixed income and selected leveraged products.

Source

Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability.

Source

Trading platforms

UTRADE Web/Mobile, UTRADE Delta, CFD Pro/Lite/Edge, FX Elite, MT4, Currenex Viking, BondbloX widget.

Source

DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android.

Source

Account types

Instant account; Securities and Unit Trust; UTRADE X Cash Upfront; CFD; Leveraged FX/commodities/CFD indices; Robo; margin facility.

Source

DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available.

Source

Deposit methods

Internet bill payment, FAST transfer, SGD cash at cashier, cheque and telegraphic transfer.

Source

Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency.

Source

Withdrawal methods

CFD withdrawals via trading representative; UCASH advertises T+1 withdrawal; TT fees may apply for margin withdrawals.

Source

Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn.

Source

Withdrawal processing time

General withdrawal processing time not disclosed; UCASH promotion says T+1 Withdrawal.

Source

Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete.

Source

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