uSMART Invitation Code: uuw2 (Referral Promotion)

Open an account with uSMART via the invitation code: uuw2 or referral link, and receive welcome rewards valued at up to USD 202.

The current promotion runs until 31 December 2026, 23:59:59 (GMT+8).

Terms and conditions apply.

• Sign up with uSMART ❯

About uSMART

uSMART began in Hong Kong before expanding internationally. uSMART Securities (Singapore) received its Capital Markets Services licence from the Monetary Authority of Singapore in December 2021, and Singapore subsequently became the group’s global headquarters.

It operates in Singapore under USMART SECURITIES (SINGAPORE) PTE. LTD (UEN: 202110113K)

Investors

uSMART identifies Chow Tai Fook as one of its strategic investors.

Licensing

USMART SECURITIES (SINGAPORE) PTE. LTD is licensed by the Monetary Authority of Singapore. See license information.

The group’s Hong Kong entity holds Type 1, 4 and 9 licences from Hong Kong’s Securities and Futures Commission.

Commissions and fees pricing

Information for all markets and product types can be found here.

US stock and ETF pricing

uSMART currently advertises zero commission for online US stock trades, while its platform fee varies according to factors such as the share price and client region. Regulatory and other applicable charges may also apply.

Reasons to choose uSMART

Diversified products

The platform provides access to products across markets including Singapore, the United States, Hong Kong, Japan and the United Kingdom. Available products and fees vary by market and account type.

Education content

uSMART offers educational tools and community features for investors within its platform.

Forex CFD Trading

Funds Security

Safety of Assets - Funds and holdings are held in segregated accounts with reputable custodians.

Futures Trading

The platform offers access to futures products across areas such as stock indices, metals, commodities, currencies, energy and agriculture. Check the app for the currently supported contracts and market-data fees.

Initial Public Offering (IPO) access

IPO availability and the app’s navigation may change. Check the current product menu in the uSMART app for any available IPO subscriptions.

Licensed by MAS

Regulated by the Monetary Authority of Singapore (MAS).

Smart Investment

The platform includes advanced tools such as SMART Orders, market analysis and charting features.

Experience sharing

Ease of Account Creation

First of all, take note that ‘registering a login account’ and ‘opening a trading account’ are two separate matters.

Step 1: Registering a login account:

• use a mobile number to sign up with uSMART

Step 2: Opening a trading account:

• after registering an account, download the uSMART app and login.
• select the option to “Open Account”
• opening an account requires entering personal particulars and trading experience manually, or via Singpass MyInfo.
• check the current promotion terms before selecting an account type.

The screenshots and personal experience below are from April 2022, so the current app interface and individual processing time may differ. I was impressed by the ease of opening an account and skipped filling in my personal particulars manually by using Singpass MyInfo.

The whole process took probably 7-8 minutes. I submitted my application to open an account in the evening and it was approved within the hour.

Funding

Supported methods

For SGD deposits, uSMART currently lists eGIRO, PayNow, FAST, Wise, BigPay and telegraphic transfer as supported methods. Available methods and in-app funding steps may change, so follow the latest instructions shown in the app.

Currency conversion

Foreign-exchange rates and charges can change. Review the live conversion rate and applicable fees in the app before exchanging currencies.

Educate yourself on investing

I would strongly recommend you register a FREE account with SGX’s Online Education Programme and complete the basic courses first if you are new to investing.

Staying safe from scammers

Be wary of scams that can take place in the form of online stock recommendations from unofficial sources or informal chat groups.

Scammers might impersonate real people from genuine financial services firms to tempt you into investing in any recommended stocks/investment products. Some scammers might use spoofed or unofficial social media accounts to spread and disseminate false information.

You can protect yourself and others by observing the following:

• Change your privacy setting in your messaging apps to prevent others from adding you to random investment chat groups.
• Be wary of stock tips/ recommendations from unofficial sources (e.g. Social Media platforms/Messaging App)
• Do your research before investing in any investment product
• Check the credentials of the supposed company or representatives using sources such as MAS Financial Institutions Directory, Register of representatives and Investor Alert List.