Complete Guide to Investing with Tiger Brokers In 2024

tiger brokers

Tiger Brokers is a popular online brokerage platform that provides easy access to global markets with low commissions. Investors can trade stocks, ETFs, REITs, options, warrants, futures, funds, and more on Tiger’s platform. In this guide, we will explore the process of opening and funding your Tiger Brokers account, as well as the pros and cons of using this platform.

Key Takeaways

  • Tiger Brokers offers competitive commission fees for trading.
  • Sign-up perks and rewards are available for traders.
  • A wide range of products is available for trading on Tiger Brokers.
  • The dedicated app provides a wide range of tools for investors.
  • Tiger Brokers is listed on NASDAQ and provides access to global markets.

Overview of Tiger Brokers

Overview of Tiger Brokers
Complete Guide to Investing with Tiger Brokers In 2024 1

Opening an account with Tiger Brokers is a straightforward process. Begin by visiting the Tiger Brokers online application page and follow the steps to submit your ID documents and proof of residential address. You’ll need to decide whether you want a cash or margin account. For a quicker application, use your SingPass.

To fund your Tiger account, perform a bank transfer in one of the supported currencies: SGD, USD, HKD, EUR, or AUD. Your account can conveniently hold multiple currencies simultaneously.

Remember, the initial deposit can set the tone for your investment journey. Tiger Brokers has seen an increase in the average first-time deposit, indicating a growing trust and commitment from new investors.

If you’re already an account holder, don’t forget to explore the Promotions & Rewards section for the latest deals. Referring friends can also earn you additional rewards. With Tiger Brokers, funding your account is not just about the transaction; it’s about starting a rewarding investment experience.

tiger broker

Looking to start investing, why not try Tiger Broker?

Tiger Brokers offers competitive commission fees for trades across different markets.

It is also practically fee-less in these aspects: no custody fees, deposit (or withdrawal) fees, currency exchange fees, inactivity fees, or account maintenance fees to contend with!

What’s Tiger Brokers all about?

Tiger Brokers is a cutting-edge online brokerage platform that has been gaining traction since its NASDAQ listing. It offers investors a gateway to a variety of global markets, including but not limited to the United States, Hong Kong, and Singapore. Investors can trade a diverse range of products such as stocks, ETFs, REITs, and more, all at competitive commission rates.

For those new to investing or looking to diversify their portfolio, Tiger Brokers could be an ideal choice. It’s designed to cater to both novice traders and seasoned investors, with features that accommodate varying levels of experience. The platform is particularly noted for its user-friendly interface, which simplifies the investment process.

Tiger Brokers stands out for its commitment to making investing accessible and efficient for everyone.

Here’s a quick comparison of Tiger Brokers with other platforms:

Whether you’re interested in setting up stop-loss orders to manage risk or seeking a platform with a robust educational library, Tiger Brokers has the tools to support your investment journey.

Pros and Cons of Using Tiger Brokers

Pros and Cons of Using Tiger Brokers

Pros of using Tiger Brokers

Tiger Brokers has established itself as a preferred choice for investors looking to trade across various markets. One of the standout advantages is the competitive commission fees; for instance, trading US equities incurs a fee of just US$0.99 per trade, making it highly accessible for frequent traders.

Tiger Brokers offers a comprehensive suite of investment products, including access to Singapore, US, Hong Kong, Australia, and China stock markets, as well as Futures, Warrants, and Options.

The platform also entices new users with attractive sign-up perks and rewards for trading, which can be particularly beneficial for those who plan to execute a high number of trade orders. Additionally, the dedicated app provides a wide array of tools, enhancing the trading experience and aiding in investment decisions.

  • Competitive commission fees
  • Attractive sign-up perks and rewards
  • Access to a wide range of markets and products
  • User-friendly and resourceful trading app

Cons of using Tiger Brokers

While Tiger Brokers offers a range of benefits, there are some drawbacks to consider. High activity requirements to unlock certain perks can be a deterrent for casual investors. For instance, achieving the status of a Silver, Gold, or Ace Trader necessitates a high number of trade orders, which may not be feasible for everyone.

Moreover, while the commission fees are competitive, there is a minimum fee amount that applies to equity trades across various markets. This could potentially eat into the profits of those making smaller trades.

  • High activity requirements for certain perks
  • Minimum fee amount for equity trades
  • Limited physical presence may affect those preferring face-to-face interactions

Despite these cons, Tiger Brokers remains a strong choice for many investors, particularly those comfortable with online platforms and looking to trade across global markets.

It’s important to stay informed and consider all aspects of a brokerage before committing. Resources like HustleVentureSG, which provides in-depth reviews, can be invaluable in making an informed decision. Additionally, the digital era offers a variety of investment tools and resources tailored for beginners, aiming to simplify the investment process.

Competitive commission fees

One of the standout features of Tiger Brokers is its competitive commission fees. Unlike many other platforms, Tiger Brokers offers a fee structure that is both transparent and cost-effective, making it an attractive option for traders of all levels. For instance, there are no custody fees, deposit or withdrawal fees, currency exchange fees, inactivity fees, or account maintenance fees.

Frequent traders benefit from additional privileges, such as becoming a Silver, Gold, or Ace Trader, which can lead to even more savings.

However, it’s important to note that a minimum commission fee is applicable, which traders should consider when trading in small sizes. Here’s a quick breakdown of Tiger Brokers’ fees for different markets:

  • Hong Kong: Commission fee of 0.03% trade value (min. HK$7 per order), with a platform fee of HK$15 per order.
  • US Market: Commission fee of US$0.005 per share (min. US$0.99 per order), with no platform fee.
  • China A-shares: Commission fee of 0.03% transaction amount (min. CNH 7 per order), with a platform fee of 0.03% trade value (min. CNH 8 per order).

The trading commission, also known as the shares trading fee, is charged upon buying or selling stocks and applies to other investments like options and ETFs. The platform fee, on the other hand, is a charge for using the brokerage service. Compared to competitors like moomoo SG, Tiger Brokers’ fees are more affordable, especially when considering the absence of various other fees.

Attractive sign-up perks and rewards for trading

Tiger Brokers offers a suite of enticing sign-up incentives designed to welcome new investors and enhance their trading experience. New users are greeted with a variety of rewards, such as commission-free trades and exclusive access to market data. For instance, upon opening an account and meeting certain deposit and trade requirements, clients can receive valuable perks.

Sign-up rewards can vary, but they often include:

  • Commission-free trades for a specified period
  • Access to advanced market data for free
  • Stock vouchers or fractional shares as a welcome gift

It’s important to note that these offers are subject to change and may come with specific terms and conditions.

For example, a recent promotion highlighted by Sethisfy includes a deposit of S$20,000 and completion of 3 trades to earn a US$90 sign-up reward, valid until 31st March 2024. Additionally, Tiger Brokers has been known to offer up to USD 888 worth of rewards and 8% p.a. bonus interest for qualifying activities within their platform.

Wide range of products available for trading

Tiger Brokers stands out in the online brokerage space by offering a diverse array of investment products. Investors have the opportunity to trade across multiple markets, including the United States, Hong Kong, Singapore, Australia, and China. The platform’s extensive product range encompasses not only stocks but also ETFs, options, warrants, futures, and funds.

The recent addition of over 360 US treasury bonds, bills, and notes to Tiger Brokers’ trading platform further solidifies its position as a comprehensive investment hub. Whether you’re looking to invest in traditional equities or explore fixed-income securities, Tiger Brokers caters to a wide spectrum of investment preferences.

Tiger Brokers’ commitment to expanding its product offerings ensures that investors have access to a broad market range and can diversify their portfolios effectively.

For options traders, Tiger Brokers provides valuable resources, including information on strategies like the protective collar and iron condor. The platform emphasizes the importance of predicting prices and choosing options wisely, facilitating a seamless options trading experience.

Dedicated app with a wide range of tools at your disposal

Tiger Brokers distinguishes itself with a dedicated app that caters to both casual and serious investors. Whether you’re on iOS or Android, mobile or desktop, the app’s design is both visually appealing and highly interactive. Customization options abound, allowing users to tailor their experience to their specific needs.

The app is not just about aesthetics; it’s a powerful tool for investment analysis. Features such as valuation analysis, earnings calendars, and a comprehensive newsroom equip users with the necessary resources to make informed decisions.

For those who delve into stock screening, the app offers customizable filters to sift through popular ETFs and find the stocks that match your criteria. Moreover, the app provides free real-time market data, which is essential for keeping up with the fast-paced nature of trading.

Here’s a quick rundown of some of the tools available on the Tiger Brokers app:

  • Trending stocks lists for discovering investment opportunities
  • Popular ETF rankings to gauge market trends
  • In-depth analyses including fundamentals, capital flow, and technical aspects
  • Financial reporting for a thorough investment decision-making process

The app’s versatility is further highlighted by its ability to accommodate various trading strategies, from automated systems to monitoring trading signals. Tiger Brokers Singapore’s TradingFront is a testament to this, offering a one-stop platform for financial advisers to manage customer investments efficiently.


In conclusion, investing with Tiger Broker offers a range of benefits such as competitive commission fees, a wide range of trading products, and a user-friendly platform.

With easy access to global markets and attractive sign-up perks, Tiger Broker is a popular choice for investors. Whether you are a beginner or an experienced trader, Tiger Broker provides the tools and resources to support your investment journey. Consider opening an account with Tiger Broker to take advantage of their offerings and start investing today.

Frequently Asked Questions

How do I open and fund my Tiger Brokers account?

To open a Tiger Brokers account, you need to follow the steps on their online application page and submit supporting documents like your NRIC and proof of address. You can fund your account through a bank transfer in multiple currencies.

What is Tiger Brokers all about?

Tiger Brokers is an online brokerage platform listed on NASDAQ, providing access to global markets with low commissions. Investors can trade stocks, ETFs, REITs, options, warrants, futures, and more.

What are the competitive commission fees on Tiger Brokers?

Tiger Brokers offers competitive commission fees, including a commission fee of US$0.99 per trade for US equities. There are also attractive sign-up perks, rewards for trading, and a wide range of products available for trading.

What are the sign-up promotions available on Tiger Brokers?

Tiger Brokers offers sign-up promotions such as up to USD 888 worth of rewards and 8% p.a. bonus interest when you deposit and trade with your account. Terms and conditions apply.

What features does the Tiger trade app offer for trading?

The Tiger trade app offers a user-friendly interface with order types like limit, market, stop, stop limit, and trailing stop orders. Users can also access advanced order types like attached orders for profit taking and stop loss.

Is Tiger Brokers a popular brokerage in Singapore?

Yes, given its growth and competitive pricing, Tiger Brokers is considered one of the most popular brokerages in Singapore.

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