[ADS] Wanting to start diving on stock trading? First, you’re going to need an online broker that will make sure the process goes smoothly. Look no further because Tiger Brokers is here to let you trade a wide range of securities across multiple global markets and currencies. Here is what you need to know about Tiger Brokers – the leading global online broker!
What is an Online Broker?
Online broker is an intermediary between a buyer and seller of marketable securities like stocks and exchange-traded funds (ETFs). People use brokerage platforms to access the financial markets and invest their portfolios in hopes of reaching their short-term and long-term financial goals. To start, you have to open a brokerage account, a specialized financial account designed to hold investments and cash. It may sound intimidating if you’re a beginner, but don’t worry! The easy-to-use Tiger Brokers is here to make sure your trading experience goes smoothly no matter how much experience you have!
Tiger Brokers is a growing fintech company that supports equities in many countries including Hong Kong, Singapore, United States, Australia, and China, as well as EFTs, REITs, options, futures, and margin trading for investors. This brokerage platform currently holds licenses in Singapore, United States, New Zealand, and Australia. Not only that, Tiger Brokers is backed by Xiaomi, Interactive Brokers, Wall Street Investor Jim Rogers, and Zhenfund. Known for its low commission, Tiger Brokers has been listed on NASDAQ since 2019 with the ticker TIGR.
Tiger Brokers only charge for trading fees at a very low price! There won’t be any deposit or withdrawal fees, inactivity fees, account maintenance, currency exchange fees, or custody fees.
Fees for stocks and EFTs
|US Stocks||US$ 0.005 / share|
|Singapore stocks||0.04% of trade value|
|Hong Kong stocks||0.03% of trade value|
|China A-shares||0.03% of trade values|
|Australian stocks||0.03% trade value|
Fees for options, warrants & CBBCs
|US stock options||US$ 0.65 / contract|
|Hong Kong stock options||0.2% of trade value|
|Hong Kong Warrants & CBBCs||0.03% of trade value|
Upon registering, you would be rewarded with 60 commission-free trades, 5 commission-free trades for futures. Not only that, you can also earn SG$ 88 Stock Voucher Package, Commission-Free Trades, and other rewards every time you invite your friends to join!
When you begin, deposit min SG$ 2,000 or US$ 1,550 and get a FREE Apple (NASDAQ: APPL) share, approximately worth US$ 145!
By completing daily clock in, daily missions, and achievement missions, you’re going to receive Tiger Coins. Tiger Coins can be used to redeem rewards such as Stock Vouchers, Commission-Free Trade, Free Reuters Videos, and many more. Simply register and you can claim 500 Tiger Coins at the rewards center!
It doesn’t stop there! If you make over 50 orders in the span of 3 months, you will be certified as Silver Traders and enjoy privileges such as Commission-Free Trade, up to 10% commission discount, and stock vouchers. Become an Ace Trader and enjoy even more attractive rewards!
All in One App
Tiger Brokers is a one stop trading platform which will give you access to a comprehensive range of financial information on company stocks, global news, economic calendar, and in-depth data for investors to analyze prices and trends. You will have access to all of them and more on a click away with their app!
No Need to Worry About Safety
Tiger Brokers holds a Capital Markets Services License under the Securities and Futures Act (Cap.289) by the Monetary Authority of Singapore (MAS).
Client funds and securities are also kept in separate custody accounts, which means it is separated from Tiger Brokers Singapore’s own capital.
To ensure more security, you have the option to enable 2-factor authentication so that you have to enter the one-time password generated by the Tiger Token feature. This is in addition to the login/trading password when logging in/trading.
You’ll receive an email notification for every transfer and withdrawal. Any suspicious transactions will be automatically flagged for further investigation.