Start Smaller, Trade for Less: Invest on SGX at S$3.80* Flat with FSM Global

From 5 October 2026, SGX will reduce the standard board lot size for an initial group of 11 higher-priced stocks from 100 shares to just 10 shares. That means investors will need significantly less money to buy a standard lot of familiar Singapore-listed names such as DBS, OCBC, UOB, SGX and Keppel.

And if you were born on or after 1 January 2000, we’re making it even easier.

For a limited time, eligible investors can enjoy S$5 cashback on each Singapore stock trade, bringing the flat fee down to just S$3.80* from the usual S$8.80 flat fee.

Smaller board lots. Lower starting amounts.

Previously, buying one standard board lot meant purchasing 100 shares at a time.

For example, DBS which trades at around S$77, that meant investing around S$7,700

With a board lot of 10 shares, the same stock would require just S$770, a far easier amount to start with.

The change gives investors greater flexibility over how much they invest at a time and makes it easier to build exposure to higher-priced Singapore stocks without having to commit several thousand dollars to a single purchase.

The first 11 stocks to see the change are:

·         DBS Group Holdings Ltd (D05)         

·         Great Eastern Holdings Ltd (G07)

·         Haw Par Corporation Ltd (H02)

·         Jardine Cycle & Carriage Ltd (C07) 

·         Jardine Matheson Holdings Ltd (J36)             

·         Keppel Ltd (BN4)

·         Oversea-Chinese Banking Corporation Ltd (O39)

·         Prudential PLC (K6S)

·         Singapore Exchange Limited (S68) 

·         United Overseas Bank Limited (U11)

·         Venture Corporation Limited (V03) 

Promotion

And if you're born in 2000 or later, trade for S$3.80* flat!

The investors likely to benefit most from the smaller board lot size are young investors who are growing their portfolios without large amounts of capital. At FSM Global, we recognise this challenge and want to help! For the next two months, investors born on or after 1 January 2000 will receive S$5 cashback on every trade, bringing the fee down to just S$3.80 from the usual S$8.80 flat fee.

Whether you are making your first investment or gradually building a portfolio, the lower commission means more of your money can go towards your investments instead of trading costs.

With smaller SGX board lots, you can start with an amount that suits you, gradually add to your investments over time and diversify across different companies as your portfolio grows.

And with S$3.80* flat fee for eligible younger investors, there is now an even lower barrier to getting started.

New to FSM Global? Open an Account in Minutes and get up to $58 in cash!

Looking to invest in ETFs? Enjoy 0% Processing Fees on over 250 ETFs via FSM’s ETF RSP (Regular Savings Plan) feature.

Click here for full details to get started before the board lot changes take effect on 5 October 2026. Terms and conditions apply. 

Terms & Conditions

1.      The S$3.80 flat fee for SGX trades (the “Promotion”) is valid from 5 October 2026 to 30 November 2026 (the “Promotional Period”), both dates are inclusive.

2.      A flat fee of $8.80 (excluding GST) will be charged for each trade executed.

3.      FSM Global will rebate SGD 5.00 (“the Reward”) for each stock transaction executed on the Singapore Exchange (SGX). In the event of amalgamated trades, the rebate will be applied once only to the final amalgamated transaction of the day.  Rebates will be credited to your FSM Global Cash Account.

4.      The Promotion is applicable only to investors born on or after 1 January 2000.

5.      The Promotion is applicable to stock transactions executed on the Singapore Exchange (SGX).

6.      The Promotion is only valid for Cash, CDP Sell and SRS transactions. CPFIS-OA and CPFIS-SA transactions are not eligible for this Promotion.

7.      To be eligible, investors need to complete at least one (1) filled trade on the SGX during the Promotional Period.

8.      Eligible investors will receive the rebate between 6-8 weeks after the Promotional Period.

9.      If the reward cannot be successfully credited to the eligible participant’s account within the crediting dates (including, but not limited to, inactive, suspended, or restricted accounts, or incorrect account details), FSM Global may, at its sole discretion, issue a notification email granting a specified deadline to update or reactivate the account. If the participant fails to fulfill the necessary account requirements by the deadline stated in the email and/or no response is received within the aforementioned deadline, the reward shall be automatically forfeited.

10. FSM Global reserves the right to claw back any rebates credited if: transactions are found to involve artificial manipulation intended to qualify for the Promotion; or the client’s account is found to have been used in a manner inconsistent with the intent of the Promotion.

11. FSM Global reserves the right to amend, suspend, or terminate the Promotion and the Terms and Conditions without prior notification.

12. The decision of FSM Global on all matters relating to the Promotion is final and any appeal will not be entertained by FSM Global.