[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|