Longbridge Singapore Review 2026: Is Lifetime Zero-Commission Trading Actually Worth It?
Table of Contents
Disclosure: this review contains my Longbridge partner link; I may receive a reward if you sign up through it. Full disclaimer at the end.
Most “zero commission” brokers in Singapore are not really zero commission. Read the fine print and you will usually find a first-year promo that quietly expires once you stop paying attention. Longbridge built its entire pitch around not doing that — permanent zero commission as a structural feature, not a hook.
But zero commission is not the full cost picture. There is a platform fee on every trade. There is an FX spread every time you convert SGD to USD or HKD. There are options contract fees. And there are things competitors like Growbeansprout and the Reddit Singapore finance community keep raising — educational depth, new platform track record, and what it actually means to hold shares in a custodian account instead of your CDP.
I dug into all of it: the real fee schedule confirmed from Longbridge’s official pages, how the platform compares against Moomoo and Webull on every cost line, what DBS Bank’s role as custodian actually means for you, and whether the new LongbridgeAI tools are genuinely useful or just marketing.
Here is the complete, honest verdict.
Updated November 2026: fees re-checked against Longbridge’s Singapore pricing page (unchanged), and the welcome offer updated to November’s rewards.
Longbridge at a Glance
| Factor | Rating |
|---|---|
| Trading fees (SG, US, HK) | ⭐⭐⭐⭐⭐ 4.8/5 |
| Platform and app experience | ⭐⭐⭐⭐ 4.2/5 |
| Research and charting tools | ⭐⭐⭐⭐ 4.0/5 |
| Account opening speed | ⭐⭐⭐⭐⭐ 4.7/5 |
| Regulation and client asset structure | ⭐⭐⭐⭐ 4.5/5 |
| Product breadth | ⭐⭐⭐⭐ 4.0/5 |
| Best for | Cost-focused investors trading SG, US, and HK stocks who want permanent low fees |
| Not ideal for | CPF/SRS investors; active traders who need the deepest research tools |
| Free plan | No subscription tiers — account is free, per-trade platform fees only |
| Starting price | $0 commission for life; platform fees and other fees apply, SG platform fee from S$0.99/trade |
| Overall rating | ⭐⭐⭐⭐ 4.3 / 5 |
→ See Longbridge welcome rewards up to SGD 1,517* (Nov 2026)
*Up to SGD 1,517 is the top NVIDIA tier (SGD 1,300) plus the 8.8% p.a. Interest Boost (worth up to SGD 217). Your reward depends on your deposit and buy trades. T&Cs apply.
What Is Longbridge?
Longbridge was founded in March 2019 and is headquartered in Singapore. The company positions itself as a “new-generation internet brokerage” — mobile-first, zero-commission, and now heavily AI-integrated. It is backed by USD 150 million in strategic investment, including from PhillipCapital, one of Singapore’s established brokerage houses, and holds more than 21 licences across markets.
The Singapore entity is Long Bridge Securities Pte. Ltd., licensed by the Monetary Authority of Singapore under Capital Markets Services Licence CMS101211, and an Exempt Financial Adviser. That licence covers dealing in securities, collective investment schemes, and exchange-traded derivatives, plus custodial services for client assets.
What started as a Hong Kong-focused broker has evolved into a full three-market platform covering SG, US, and HK stocks — with options trading, bonds, funds, and fractional shares layered on top. One critical infrastructure point that competitors often understate: Longbridge has appointed DBS Bank — Singapore’s largest bank — as the custodian for client funds, and holds client securities through separate, authorised third-party custodians. Your money is legally separated from Longbridge’s own capital.
The honest caveat: Longbridge is still a newer platform by brokerage standards. It does not yet have the decade-long operational track record of Moomoo or Tiger Brokers in the Singapore market, and its educational resources are lighter than some competitors. Its growth has been fast, and its regulatory backbone is solid — but if you are placing a large portfolio here, that context matters.
Longbridge Fees in 2026: The Full Breakdown
Longbridge runs a single free account with no subscription tiers. All fees are charged per transaction. Here is the fee schedule from Longbridge’s Singapore pricing page, re-checked on 30 October 2026. Nothing has changed since the August version of this review.
New clients: $0 platform fees for 60 days. In November 2026, new clients who reach a SGD 500 cumulative net deposit get waived platform fees on US and HK stocks for 60 days, through two 30-day fee coupons per market (up to USD 1.5 or HKD 15 per order). Other fees apply. T&Cs apply.
Singapore Stocks and ETFs
| Item | Rate |
|---|---|
| Commission | S$0 — lifetime, not promotional |
| Platform fee | 0.03% per order, minimum S$0.99 |
| Market data | Free Level 1 real-time SGX data |
This is genuinely competitive. Traditional CDP-linked brokers like DBS Vickers typically charge S$20–25 minimum per trade. Longbridge’s S$0.99 minimum platform fee, with zero commission, is meaningfully cheaper at almost every trade size.
The key trade-off: your SGX shares are held in a custodian account under Longbridge’s nominee, not directly in your CDP account. You remain the beneficial owner — you receive dividends, and you participate in corporate actions — but you cannot access the shares directly through CDP. If you need CDP linkage, you will need to use a traditional broker or Moomoo’s CDP-linked account option instead.
US Stocks and ETFs
| Item | Rate |
|---|---|
| Commission | US$0 — lifetime |
| Platform fee | US$0.005 per share, minimum US$0.99 |
| Market data | Free Level 1 real-time data |
For a single trade of 100 shares, the platform fee is US$0.50 (5 cents × 100 shares), rounded up to the US$0.99 minimum. For a trade of 200 shares, it is exactly US$1.00. That structure means Longbridge’s per-trade cost grows with volume, unlike Moomoo’s flat US$0.99 platform fee per order regardless of share count.
For most retail investors — buying in round lots of 50–200 shares — the cost is effectively US$0.99 per trade on either platform.
Hong Kong Stocks and ETFs
| Item | Rate |
|---|---|
| Commission | HK$0 — lifetime |
| Platform fee | HK$15 per order |
| Market data | Free Level 1 real-time HKEX data |
The HK platform fee is HK$15 flat per order, simpler than the per-share structure Longbridge used to charge. It is still the rate on Longbridge’s pricing page.
US Options
| Session | Commission | Platform fee |
|---|---|---|
| Regular trading hours (9:30 AM – 4 PM ET) | US$0 | US$0.50 per contract |
| Pre-market session (5:00 PM – 10:30 PM SGT) | US$0 | US$0 per contract (launch promo, check the app for the current rate) |
The pre-market session runs from 5:00 PM to 10:30 PM SGT, an hour earlier during US daylight saving time. That is evening Singapore time, without trading at 2 AM. Currently limited to selected major US tickers; not every symbol is tradable in pre-market.
Longbridge’s pricing page marks its options rates as promotional, and new users get limited-time zero commission on US options. Options trading involves significant risk and is not suitable for every investor.
Fractional Shares (US stocks)
| Item | Rate |
|---|---|
| Commission | US$0 |
| Platform fee | 1% of trade value, capped at US$0.99 |
| Minimum trade | US$1 |
This is well-designed for small investors. A US$10 investment in Nvidia costs US$0.10 in platform fees. A US$99 investment costs US$0.99. Above US$99, the fee caps at US$0.99 regardless. Fractional shares are eligible for dividends and mandatory corporate actions — you are not locked out of shareholder benefits because you own less than one full share.
Hidden Costs to Know About
FX conversion spread. Longbridge earns on the spread when you convert SGD to USD or HKD to trade. The rate is not published as a fixed number and moves with market conditions — typically in the 0.05% to 0.10% range. On a S$10,000 conversion, that is roughly S$5–10 in hidden spread cost. For most retail investors, this is marginal. For large, frequent conversions, it adds up. IBKR still offers the tightest FX spread in the Singapore market.
Pre-market and grey market spreads. Pre-market options and grey-market HK trades carry wider bid-ask spreads and thinner liquidity than regular-hours trading. Build this into your expectations if you plan to trade outside normal market hours.
CPF and SRS: not supported. Longbridge does not accept CPF-OA or SRS funds. If you want to invest through those schemes, you will need a different platform — POEMS, FSMOne, or DBS Vickers are the relevant alternatives.
Margin interest. If you trade on margin, Longbridge charges 6.0% p.a. on SGD and 6.8% p.a. on HKD and USD, accrued daily and compounded monthly. Funds on the platform (money market, bond, equity, hybrid and commodity) carry no subscription, redemption or platform fee.
There is no custody fee, no account maintenance fee, no inactivity fee, and no minimum deposit. That part of the zero-fee pitch holds up completely.
Core Features: What Longbridge Actually Does
Lifetime Zero-Commission Trading — The Real Differentiator
Moomoo SG’s zero commission on SGX stocks reverts to a 0.03% commission plus 0.03% platform fee after the first year — roughly S$1.98 combined minimum per trade. Webull’s zero commission on SGX stocks reverts to 0.025% commission plus 0.025% platform fee after year one. Longbridge’s is a lifetime offer: zero commission on US, HK and SG stocks, with platform fees and other fees applying.
For a passive investor making 20 SGX trades a year, the difference is not dramatic in dollar terms. Over a decade of investing, it compounds into a meaningful cost advantage. The cleaner pitch is really about peace of mind: you never have to check whether your promo period has expired.
LongbridgeAI — Genuinely Useful, With Honest Caveats
The AI assistant built into the Longbridge app has been a real upgrade over the past year. You can ask it to analyse a company’s recent earnings, explain why a stock fell, compare two companies, or surface key risks before a trade. It pulls from financial statements, market data, and news — and it labels its sources, which is a meaningful transparency feature most AI investing tools skip.
Practical uses I have found it good for: quickly getting the gist of an earnings release before the US market opens, understanding why a sector moved after macro news, and cross-checking analyst expectations on a position I am considering.
Use it as a starting point, not a final word. The outputs are helpful for forming questions; they are not a substitute for reading the actual filings or thinking through your own risk tolerance.
Longbridge has also built a broader AI ecosystem: a Skill for connecting to ChatGPT, and an Agent Platform for more specialised investing workflows. These are still maturing, but the direction is clearly differentiated from what Moomoo and Tiger Brokers offer.
Cash Plus — Earn Interest on Idle SGD and USD
Cash Plus lets you earn interest on uninvested cash sitting in your Longbridge account. SGD cash is invested in the iFast SGD Enhanced Liquidity Fund; USD cash goes into the iFast USD Enhanced Liquidity Fund. Cash Plus invests idle cash in high-liquidity funds. It is not a bank deposit, and returns are not guaranteed.
The feature that makes this actually useful is Auto-Sweep: your cash is automatically invested in the fund and automatically redeemed when you place a trade — you do not have to manually move money in and out. This is a meaningful quality-of-life feature that several Singapore brokers still do not offer.
In November 2026, new users who reach a SGD 2,000 net deposit can get an 8.8% p.a. Interest Boost, part of welcome rewards up to SGD 1,517, on up to SGD 10,000 in Cash Plus, worth up to SGD 217. It lasts 90 days through a partner link; other sign-up channels get 60 days. Conditions apply, and the details are in the Longbridge welcome rewards guide. T&Cs apply.
DBS Bank as Cash Custodian
Client funds are custodied by DBS Bank, not Longbridge itself, and client securities are held through separate authorised third-party custodians. Your cash is kept separate from Longbridge’s operating capital.
This does not eliminate all risk. Longbridge is a securities broker, not a bank, so your account is not a bank deposit, and investments can lose value.
US Pre-Market Options Trading (SGT-Friendly Hours)
This is the most differentiated feature Longbridge added in the past year. Most Singapore-based options traders have to choose between trading at 9:30 PM (summer) or 10:30 PM (winter) when the US regular session opens. Longbridge’s pre-market options session runs from 5 PM to 10:30 PM SGT — evening hours that do not require staying up past midnight.
Coverage is limited to selected US options, not the full US options universe. Longbridge launched it with the platform fee waived, so check the app for the current rate. Options trading involves significant risk and is not suitable for every investor.
Account Opening via Singpass MyInfo
The onboarding flow takes under three minutes using Singpass MyInfo. Most accounts are approved within hours, occasionally by the next business day. PayNow and FAST transfers allow near-instant SGD funding after approval. It was one of the quicker account openings I have done.
Real-Time Level 1 Market Data — Included
Free Level 1 real-time quotes for SGX, HKEX, and US markets are listed on Longbridge’s pricing page. Several competitors gate Level 1 data behind subscription fees or minimum activity requirements.
Dividend Hub
New in the app and free in Portfolio → Dividend Hub. You can track dividends, set an income goal and forecast 12 months of payouts across SGX, US and HK holdings. Projections are estimates, not guaranteed.
Product Breadth: Stocks, ETFs, Options, Bonds, Funds
Beyond equities and ETFs, Longbridge gives access to retail and corporate bonds, professionally managed unit trusts from various fund houses, US stock options, and warrants/CBBCs. The portfolio view separates holdings by market — SG, HK, US, and funds — in a single interface. For an investor managing positions across multiple asset classes, this saves real time.
Longbridge vs Moomoo vs Webull: The Real Comparison
| Factor | Longbridge | Moomoo SG | Webull SG |
|---|---|---|---|
| SG commission — year 1 | $0 | $0 | $0 |
| SG commission — year 2+ | $0 (lifetime) | 0.03%, min S$0.99 | 0.025%, min S$0.80 |
| SG platform fee | 0.03%, min S$0.99 | 0.03%, min S$0.99 | 0.025%, min S$0.80 |
| Total SG cost year 2+ | Platform fee only | 0.06%, min S$1.98 | 0.05%, min S$1.60 |
| US commission | $0 | $0 | $0 |
| US platform fee | US$0.005/share, min US$0.99 | US$0.99 flat | $0 |
| HK commission | $0 | $0 (30 days), then standard | standard rates |
| US options fee | US$0.50/contract | US$0.65 commission + US$0.30 platform | US$0.55/contract |
| Fractional shares | Yes, from US$1 | Yes | Yes |
| LevelI market data | Free | Free | Free |
| Level 2 data | Paid | Free | Paid |
| AI research tools | LongbridgeAI (built-in) | Limited | Limited |
| Pre-market options | Yes (5 PM–10:30 PM SGT) | No | No |
| Cash interest on idle funds | Cash Plus (auto-sweep) | Cash Plus equivalent | No |
| Bonds and unit trusts | Yes | Yes (unit trusts) | No |
| CDP-linked account | No (custodian only) | Yes (optional) | No |
| CPF/SRS support | No | No | No |
| Minimum deposit | None | None | None |
The practical verdict:
For SGX stock traders beyond year one, Longbridge is the cheapest of the three — platform fee only, no commission. For US stock trading, Moomoo and Longbridge are nearly identical at small trade sizes (both hit the US$0.99 minimum), while Webull charges nothing per US order, which makes it the cheapest of the three for US stocks.
The clearest Longbridge advantage is for investors who want to build a long-term Singapore equities portfolio without any commission drag, ever — and who want access to bonds, funds, AI research, and pre-market options in the same app.
The clearest Moomoo advantage is Level 2 data and a larger, more established investor community. If you rely on community sentiment and real-time order flow data for trade decisions, Moomoo’s data layer is more developed.
Who Should Use Longbridge
Longbridge is a strong fit if:
- You want lifetime zero commission on SG, US, and HK stocks, with platform fees and other fees applying, and do not want to re-evaluate your broker in 12 months
- You buy and hold across Singapore and US markets and want the lowest long-term cost structure
- You want pre-market US options access at Singapore-friendly evening hours
- You want to earn interest on idle cash without manually managing a separate savings account
- You want access to bonds and unit trusts in the same brokerage interface
- You want to start with fractional US shares from as little as US$1
Longbridge is not a strong fit if:
- You need CDP-linked share ownership for SGX stocks — only Moomoo’s CDP account or traditional brokers provide this
- You need to invest using CPF-OA or SRS funds — neither Longbridge, Moomoo nor Webull support this; POEMS and FSMOne are the relevant options
- You rely on Level 2 real-time order flow data for active trading decisions — Moomoo includes Level 2 free, Longbridge charges for it
- You prioritise a broker with a decade-plus track record over a fast-growing newer entrant
- You trade very large FX volumes and need the absolute tightest currency conversion spread — Interactive Brokers still wins that category
Is Longbridge Worth It in 2026?
The math is clearest for a long-term SGX investor. A traditional CDP-linked broker charges S$20–25 per trade. At 20 trades a year, that is S$400–500 in annual commission costs, before any returns. Longbridge’s equivalent cost: 20 × S$0.99 minimum platform fee = S$19.80 — a 95%+ reduction.
For US stock investors, the comparison against Moomoo is marginal once you account for FX costs. Both hit the US$0.99 minimum platform fee on most retail trade sizes. The edge goes to whoever has a tighter FX spread on the day you convert currency — and that number moves with market conditions on both platforms.
The practical test: compare Longbridge’s published platform fees and FX cost against what you currently pay, for the markets you actually use, and decide from there.
→ See Longbridge welcome rewards up to SGD 1,517* through my partner link
*Up to SGD 1,517 is the top NVIDIA tier (SGD 1,300) plus the 8.8% p.a. Interest Boost (worth up to SGD 217). Your reward depends on your deposit and buy trades. T&Cs apply.
Frequently Asked Questions
Is Longbridge safe for Singapore investors?
Long Bridge Securities Pte. Ltd. is licensed by the Monetary Authority of Singapore under Capital Markets Services Licence CMS101211 and is an Exempt Financial Adviser. Client funds are custodied by DBS Bank, separate from Longbridge’s own capital, and client securities are held through separate authorised third-party custodians. It is a securities broker, not a bank, so your account is not a bank deposit, and all investments carry risk.
What are the actual platform fees? Is it really zero cost?
Lifetime zero commission applies to US, HK and SG stocks. Platform fees and other fees apply: 0.03% (min S$0.99) for SGX trades; US$0.005 per share (min US$0.99) for US trades; HK$15 per order for HK trades. There is also an FX conversion spread — typically 0.05–0.10% — when you convert SGD to USD or HKD. No custody fees, no inactivity fees, no account maintenance fees. New clients who reach a SGD 500 net deposit also get US and HK platform fees waived for 60 days (T&Cs apply).
What happens to my SGX shares — do they go into CDP?
No. Longbridge uses a custodian model, not a CDP-linked structure. Your SGX shares are held in a segregated nominee account under Longbridge’s custodian, not directly in your personal CDP account. You are the beneficial owner — you receive dividends and participate in corporate actions — but you cannot access the shares through CDP directly. If CDP ownership matters to you, use Moomoo’s optional CDP-linked account or a traditional broker.
How does Longbridge compare to Moomoo for SGX trading?
After the first year, Moomoo SGX traders pay 0.03% commission + 0.03% platform fee (combined minimum S$1.98 per trade). Longbridge SGX traders pay only the platform fee of 0.03% (minimum S$0.99) — permanently. Over 20 trades a year, that gap saves roughly S$20 annually at minimum-fee trade sizes, growing proportionally for larger trades. Moomoo’s offsetting advantage is free Level 2 market data and a more developed investor community.
What is Longbridge Cash Plus?
Cash Plus earns interest on idle SGD and USD cash in your Longbridge account by automatically investing it in the iFast SGD and USD Enhanced Liquidity Funds. Cash Plus invests idle cash in high-liquidity funds. It is not a bank deposit, and returns are not guaranteed. The Auto-Sweep feature redeems your funds automatically when you place a trade, so you do not have to manually move money. It is a practical way to avoid leaving cash idle while still having it available for trading.
Does using a Longbridge referral code change my fees?
No — your trading fees are fixed regardless of how you sign up. A referral code unlocks welcome rewards (platform fee coupons, an interest boost and stock rewards) for new accounts that meet deposit and trading criteria. In November 2026 (1–30 Nov), new users who sign up through my partner link with code UIO57VZ3 can get welcome rewards up to SGD 1,517: NVIDIA shares from SGD 50 to SGD 1,300, one tier only, and an 8.8% p.a. Interest Boost for 90 days at a SGD 2,000 net deposit, worth up to SGD 217. Other sign-up channels get the boost for 60 days. T&Cs apply, and the full conditions are on DLCuration’s Longbridge referral code page. This is my Longbridge partner link; I may receive a reward if you sign up through it.
Final Verdict
Longbridge earns 4.3 out of 5 stars.
It earned top marks on fees — the most important factor for a buy-and-hold investor. Lifetime zero commission across three markets, a S$0.99 minimum platform fee on SGX, no custody fees, and no inactivity fees is a structural cost advantage that compounds over years. LongbridgeAI, Cash Plus with auto-sweep, and SGT-friendly pre-market options are genuine features, not marketing fluff.
The rating stays at 4.3 after the November 2026 refresh. Longbridge’s fees are unchanged since August, and the app has added a Dividend Hub.
Deductions came from three areas: no CPF/SRS support (a hard limitation for a segment of Singapore investors), no CDP linkage for SGX holdings (relevant if share ownership in your own name matters to you), and lighter educational content versus Moomoo and Tiger Brokers (a real gap for newer investors who learn through in-app resources).
Longbridge may suit you if: you mainly buy and hold across SG, US, and HK markets, want the cheapest long-term fee structure, and do not need CPF/SRS or CDP linkage.
Look elsewhere if: you need to invest through CPF or SRS, need CDP-linked SGX ownership, or rely on Level 2 data and deep community research tools for your investment decisions.
→ See the full Longbridge welcome rewards, up to SGD 1,517*
*Up to SGD 1,517 is the top NVIDIA tier (SGD 1,300) plus the 8.8% p.a. Interest Boost (worth up to SGD 217). Your reward depends on your deposit and buy trades. T&Cs apply.
Have you used Longbridge? Drop your experience in the comments — I update this review based on real reader feedback.
Continue reading:
- The 7 Best Zero-Commission Brokers in Singapore in 2026
- Best Brokers in Singapore: IBKR vs Webull vs Longbridge
- Longbridge Referral Code UIO57VZ3 — Welcome Rewards Up to SGD 1,517
- How to Use a Longbridge Referral Code in Singapore: Step-by-Step Guide
This post contains my Longbridge Singapore partner link, and I may receive a reward if you sign up and fund an account through it. It is intended for general awareness and does not constitute investment advice or a recommendation to buy, sell, or otherwise engage with any investment products or financial services. The presenter is not a licensed financial adviser and is not offering financial advice. All views expressed are solely those of the presenter and do not necessarily reflect the view of Longbridge Singapore. All investments carry risks, may not be suitable for everyone, and you may lose your investment principal. Past performance is not indicative of future results. You should seek independent financial advice if you are unsure about any investment decisions. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Official terms: Longbridge Welcome Rewards, November 2026.
