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FSMOne

29.4.26

FSMOne

FSMOne Review for traders in Singapore: MAS-regulated, 1,000+ unit trusts at zero sales charge via iFAST

Fundsupermart is the benchmark for fund investing in Singapore — MAS-regulated, iFAST-backed, with 1,000+ funds at zero sales charge and one of the widest fund selections available to retail investors. Its focus on unit trusts means it’s not the right platform for equity traders, but for long-term fund investors, it’s the clear market leader.

Consensus Rating

The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.

Alternative Provider

AvaTrade

A solid pick for Singapore-based traders who want a well-regulated, globally established broker with real product depth. AvaTrade's 1,260+ instruments — including vanilla options and futures — TradingView integration and AvaProtect trade insurance suit technically focused, experienced traders who want more than a standard forex offering.

Review

AvaTrade
FSMOne

FSMOne is Singapore's leading online unit trust platform, regulated by the Monetary Authority of Singapore (MAS) and part of the iFAST Corporation, listed on SGX. Founded in 2000, Fundsupermart offers access to over 1,000 unit trusts and mutual funds from leading fund managers globally, with no sales charges on most funds. It also provides access to ETFs, bonds, and insurance products. Fundsupermart is the go-to platform for Singaporean investors who prioritise low-cost fund investing and a wide fund selection.

Available locally?

Foundation

2000

Minimum Deposit

SGD 0

HQ

Payment Methods

Bank Transfer

Regulators

MAS

Trades at the Stock Exchange?

SGX:AIY

How to Open an Account

1. Go to the official website > 

Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.

2. Open an account

Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.

3. Verify your identity

Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).

4. Add funds

Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.

5. Make your first transaction

Find the function you need in the app, set the amount or limit (if applicable), and confirm.

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Advantages

Regulation & Trust

Segregated Client Funds

Client funds kept separate from company operational funds.

Costs

Transparent Fee Structure

Fees, spreads, and commissions are clearly disclosed.

Regulation & Trust

Clean Regulatory Record

No significant regulatory penalties or violations reported.

Regulation & Trust

Investor Compensation Scheme

Compensation program available if the company becomes insolvent.

Costs

Low Trading Fees

Competitive costs help reduce overall transaction expenses.

Costs

Commission-Free Trading

Some instruments can be traded without paying commissions.

Trading Platform & Execution

Mobile Trading App

Trading possible directly from a mobile application.

Market Access

Stock Trading

Individual company shares available for trading.

Research & Education

Free Educational Materials

Educational content such as guides, tutorials, and courses available.

Market Access

ETF Trading

Exchange-traded funds available for trading.

Disadvantages

Regulation & Trust

Less than 5 Years in Business

Limited operating history and short track record.

payoneer.com

Alternative Provider

payoneer.com
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