Tiger Brokers offers a range of financial products to meet the needs of both seasoned and new investors. These include equities, futures, options and ETFs.
Clients can open an account with Tiger Brokers through their mobile app or website. Interactive Brokers Review Applications are processed within three business days, subject to money laundering and account origin checks.
User-friendly platform
Tiger Brokers offers a user-friendly platform for trading stocks and other tradable products. Its mobile and desktop apps are easy to use, and they provide a lot of features for traders, including a virtual fund and one-click trading.
Its trading platforms offer real-time market data, and it has a range of order types to suit your trading style. It also offers a variety of tools to help you manage your risk.
In addition, Tiger Brokers has an excellent customer support team, with dedicated phone and email support during business hours. They also have live chat on the app and website, so you can contact them whenever you need help.
Another great feature of the platform is its free access to market data, so you can monitor the markets for informed trading decisions. It also offers valuation analysis, an earnings calendar, and the latest research and news to help you make better investment decisions.
The platform is suitable for novice investors and expert-level traders. Its real-time market data makes it easy for traders to stay on top of the market, so they can maximize their profits.
It offers a wide range of tradable assets, and its fees are very competitive compared to other online brokers. It also doesn't charge custodian, withdrawal, and account maintenance fees.
They also provide high-level security for their clients’ assets. They hold client capital in a custodian bank (currently, DBS Bank), which means that in the unlikely event they go bust, your assets will not be at risk.
This is a big plus for those who are concerned about their money being in the wrong hands. Additionally, Tiger is a MAS-licensed broker and adheres to strict regulatory requirements.
Tiger is a good choice for beginners and seasoned investors alike, as it offers a number of perks and benefits that aren't usually offered by other brokers. For example, it offers generous sign-up bonuses for new accounts, which can be a huge advantage to newbies and those who trade frequently.
Tiger is also a good choice for investors who want to trade internationally and are looking for a safe and reliable broker. They have extensive financial security certifications, and are backed by the US Securities and Exchange Commission and the Hong Kong Securities and Futures Commission.
Easy account opening
Tiger Brokers has an easy account opening process, allowing users to open a retail trading account in a few simple steps. This includes filling in the application forms and submitting KYC documents online. The process is quick and can be completed within three business days, subject to money laundering and account origin checks.
Traders can also choose from two account types, cash and margin accounts, each with their own set of benefits and risks. The latter is recommended for long-term investors and allows traders to use leverage up to 30% in their trading. The platform does not require minimum deposits or limits on trade size and offers commission-free trades for new clients.
There are also a number of promotional offers that can be used to maximise the benefits of your account. For instance, SingSaver customers can score S$120 cash when they sign up and fund their account through SingSaver. Additionally, a S$80 bonus is available when you fund an initial S$1,000 or more in your account, valid for 30 days.
Another reason why traders love Tiger is because it offers low commission fees on a wide range of markets, including the US stock market. This is in contrast to other brokers that charge a lot more in terms of custody, deposit, withdrawal and currency exchange fees.
As well as offering competitive commission rates, Tiger also has a rewards program called Tiger Coins that can be used to redeem free stocks and 0-commission trades. This helps to offset fees and makes the experience of using Tiger a more rewarding one for traders.
The company also ensures that client funds are segregated from its own, which is a good safety measure and provides peace of mind for clients. They also hold licenses in multiple jurisdictions and are registered with several financial security organisations.
In conclusion, Tiger Brokers has a great range of features and is suitable for all types of investors, including beginners. The platform is designed to be easy to use, with all account data at the forefront of the dashboard. It also keeps information accessible to users, so that they can quickly access the latest news and real-time data about the markets.
Wide range of assets
Tiger Brokers is an online stock and forex broker that offers access to the markets in Australia, China, Hong Kong, Singapore, the US and New Zealand. It also offers options and futures trades to help you diversify your portfolio and take advantage of the different markets.
Founded in 2014, the company is a subsidiary of UPFintech Holding Limited with offices in Singapore, New Zealand, Hong Kong, and Australia. It is regulated by the Australian Securities and Investment Commission in Australia, and the Monetary Authority of Singapore and the Hong Kong Securities and Futures Commission in Asia.
The Tiger trading platforms offer a range of market-leading products and services. They include a desktop and mobile app that provide powerful and intuitive trading tools for both individual investors and brokers.
You can fund your account through a bank transfer in AUD, USD or HKD with no minimum deposit requirement, and your funds will be instantly converted to the currency required for trading. You can also choose to use a credit card or other methods.
For a low-cost diversified portfolio, you can invest in a wide range of global stocks and ETFs. There are also options, warrants, CBBCs and futures for you to consider if you want more scope for growth.
There are also a number of high-yielding bonds available to invest in. These include government, corporate and international bond issues. They come in a variety of maturities and yields, and you can invest in them directly through your Tiger trading account.
Another way to diversify your portfolio is by investing in mutual funds. You can buy and sell them directly through your Tiger trading account, or you can make use of the “Fund Mall” option on the mobile app.
This is a great way to get into the world of investments without having to worry about the risks associated with investing in individual stocks. You can select from a variety of fund types including money funds, bond funds and equity funds to suit your needs and investment objectives.
The website features a wealth of market data and tools to help you make informed trading decisions, and a community forum where you can discuss your trading experience with other Tiger traders. In addition, the company gives new entrants five commission-free trades in 30 days, as well as rewards for referring friends and family members.
Fast trading
Tiger Brokers offers fast trading capabilities through their easy-to-use platform and mobile apps. They offer live market data, multiple order types, and trading tools to help you make informed decisions.
They also provide a wide range of financial products, including forex and CFDs, equities, and futures. They also offer margin accounts, which allow traders to increase their leverage and potentially earn higher profits. However, it should be noted that these products carry a high level of risk and should not be used by beginners.
Traders can open an account with Tiger Brokers quickly and easily online through their Know-Your-Client technology. This uses AI to verify identifies and documents, making it easier for new customers to open their accounts.
The company also makes it easy to withdraw funds from your account. Simply choose withdrawal from your menu when logging in and complete the on-screen request.
Once your request is processed, you can expect your withdrawal to be received within a few days. You can then use this money to purchase shares in the markets.
You can deposit funds into your Tiger account in a variety of currencies, including SGD, USD, HKD, and CNH. You can also change your funds into other currency without paying foreign interest rates.
In addition to these benefits, Tiger also offers a host of sign up promotions and bonuses. These include a 10% Tesla voucher, a free Apple share for referrals, 1 free Starbucks share when opening an account, and more.
Another bonus of using Tiger is the low commission fees. For example, if you trade US stocks or ETFs, the brokerage charges just US$0.01 per share. Alternatively, if you trade Hong Kong stocks or SG stocks, the fee is 0.06% of the value of your trade.
This is an excellent bargain for anyone who wants to trade international markets at a low cost. It is especially beneficial for investors with small amounts of capital.
In addition, Tiger is regulated by the Monetary Authority of Singapore (MAS), and is fully licensed in several countries. This ensures the safety of your assets and allows you to trade with confidence.
