Tiger Brokers

　　Founded in 2014, Tiger Brokers is a global online broker operated by Tiger Brokers (Singapore) Pte Ltd. Tiger Brokers advertises that it enable clients to trade a wide range of securities across multiple global markets and currencies. Tiger Brokers has offices in Singapore, New York, Beijing, Auckland, and Sydney and employs over 800 people. There is no detailed regulatory license information displayed on its website, so Tiger Brokers is obviously an unregulated broker.

　　Tiger Brokers is a NASDAQ-listed Chinese corporation. It has the backing of numerous major companies, including Xiaomi and the US-based brokerage Interactive Brokers. Apart from Singapore, they have operations in the United States, China, and Australia.

　　Tiger Brokers launched their Tiger Trade app in Singapore in February 2020, at the commencement of the Covid-19 epidemic. This was good timing, with everyone remaining at home and investing. Their investing platform lets you trade Singapore, US, Hong Kong, China and Australia stocks, Singapore ETFs and REITs, and US ETFs. Other securities you can trade include indices, metals, treasury securities and energy futures, with more to come.

　　Tiger Brokers Singapore has a Capital Markets Service License, granted by the Monetary Authority of Singapore. Tiger Brokers Australia also has an AFS (Australian Financial Services) License, which was granted to it by the ASIC. The license number from the AFS is 505213.

　　New Zealand has registered this broker on its Financial Service Providers Register (No. FSP473106). Tiger Brokers (US) is a member of FINRA/SIPC and the SEC (CRD: 120583; SEC: 8-65324). The NFA regulates Tiger Brokers (US) as well (No. 0328552).

　　For SGX traders, the 0.08 percent price is appealing and equivalent to what competitors such as Saxo Markets and Interactive Brokers charge. Tiger Brokers, on the other hand, outperforms the competition by requiring no minimum order.

　　Another feature that distinguishes Tiger Brokers is the absence of any minimum capital requirement, inactivity fees, or maintenance costs. At least one is required by most systems.

　　Aside from the fees you pay for a transaction, there aren't many hidden charges to worry about, however you should still keep an eye out for things like bank transfer fees when topping up your account.

　　If you want to trade mostly on SGX, Tiger Brokers is currently one of the most cost-effective solutions accessible, thanks to the lack of a minimum order and the reasonable 0.08 percent charge.

　　However, Tiger Brokers isn't always the cheapest option for trading US equities, since some platforms, such as TD Ameritrade, provide commission-free trading in US stocks.

　　Stocks

　　Tiger Brokers is an online brokerage platform that allows you to trade stocks from Singapore, the United States, Hong Kong, Australia, and China.

　　ETFs

　　In addition to US and Singapore ETFs, Tiger Brokers' Tiger Trade platform offers access to Singapore's first China-focused dividend-paying ETF. This ETF allows investors to participate in China's growth narrative by adding Chinese stocks to their portfolio in a simple and cost-effective manner.

　　Mutual funds

　　Investors can subscribe to and redeem a wide selection of mutual funds in the Fund Mall using Tiger Trade's all-in-one account, adding easy and instant diversification to their portfolios without having to open a separate, non-linked account.

　　Futures

　　Tiger Brokers' futures platform allows you to trade in 8 different asset classes: index futures, metal futures, forex futures, equity futures, treasury futures, energy futures, agriculture futures, and Bitcoin futures.

　　Options

　　Tiger offers both call and put options to its investors.

　　Warrants. A warrant is a right rather than a liability. It is used to buy (call warrant) or sell (put warrant) the underlying stocks, which can include stocks, currencies, and indexes, at a pre-determined strike price on the expiry date.

　　CBBCs

　　Tiger Brokers investors that purchase a callable bull contract are bullish on the underlying asset's prospects and aim to profit from its future price growth.

　　REITs

　　Tiger Brokers REITs are funds that invest in a portfolio of income-producing real estate assets such as retail malls, offices, or hotels, with the goal of generating income for the fund's unit holders.

　　Trading products offered by Tiger Broker include US Stock &ETFs, Hong Kong Stocks, Singapore stocks, ETFs, REITS & DLCS, China-A Shares, Australia Shares, US Stocks options, Hong Kong Stock Options, Hong Kong warrants & CBBCs, index Furure, Treasury Futures, Metal Futures, Energy Futures, and more.

　　There are three types of account available on the Tiger Broker platform: Margin Account, Cash Account and Cash Account upgrading to Margin Account.

　　Tiger Brokers offers one trading account for all traders, and requires no minimum initial deposit. Although the start threshold set by Tiger Brokers is low, given the fact that it is an unregulated broker, traders are advised not to open accounts here.

　　Tiger Brokers clients can invest and trade in the following global marketplaces:

　　Stocks, warrants, stock options, CBBCs, and futures are all available in Hong Kong (Hong Kong Exchange)

　　A-Shares in China (Shanghai Stock Exchange and Shenzhen Stock Exchange (via HKEX)

　　Stocks, ETFs, Rights Issues, Futures, REITs, and DLCs are all available in Singapore (Singapore Exchange)

　　Stocks, ETFs, Stock Options, Futures, and Over-the-Counter (OTC) in the United States (New York Stock Exchange, Nasdaq Stock Market and American Stock Exchange)

　　Stocks in Australia (Australian Securities Exchange (ASX)

　　Custody costs, deposit or withdrawal fees, currency exchange fees, inactivity fees, and account maintenance fees are all waived at Tiger Brokers. Your trade, however, is not carried out for free.

　　Fees for stocks and exchange-traded funds (ETFs):

　　· Stocks in Singapore: 0.08% commission fee each trade, with a minimum of S$2.88 per trade currently waived

　　· US stocks: $0.01 per trade with a minimum of $1.99

　　· Stocks in Hong Kong: 0.06% each trade, with a minimum of HK$15 per trade

　　· A-shares in China: 0.06% each trade, minimum CN$15 per deal

　　· Stocks in Australia: 0.10% each trade, with a minimum of AU$8 per trade

　　For CBBCs, Options, and Warrants:

　　· Stock options in the United States start at $0.65 per contract.

　　· Options on Hong Kong stocks start at 0.2% of the market value.

　　· CBBCs and Hong Kong Warrants - 0.03% of transaction value

　　For Futures:

　　· Futures on equities - $8 per contract

　　· Futures on Treasury Bills - $1.99 per contract

　　· Futures on foreign exchange start at $1.99 for large pairs and are commission-free for tiny pair

　　· Index Futures - start at $0.99 per contract and vary by index, including the China A50 Index

　　· Energy Futures — prices start at $0.99 per contract and go up from there, including e-mini crude oil.

　　Third-party fees apply when trading US stocks:

　　· External agency fee plus trading activity fee = US$0.00396/share, with a minimum transaction fee of US$0.99

　　· ADR (American Depositary Receipt) fee = between US$0.01 and 0.03/share

　　· SEC membership fee (only charged when selling shares) = 0.00051 percentage

　　Following account approval and opening, the following step is to fund your account. Here is a step-by-step procedure for you to follow:

　　· Access your Tiger Trade account.

　　· Select 'Me' > Tiger Account from the bottom right corner.

　　· From the drop-down option, choose 'Deposit.'

　　· Choose the currency in which you wish to deposit (SGD/USD/HKD).

　　· From the drop-down option, choose 'Other Overseas Bank Accounts.'

　　· The details of the remittance/transfer will be presented. Remember to enter in the payment reference precisely when you complete your transfer in Step 7.

　　· Make a FTT payment using your bank. Every FTT transfer will incur a regular charge.

　　· Notify Tigers Brokers of the receipt of your deposit and attach the transfer receipt.

　　· Once you are done! You will be notified via email once your deposit has been approved.

　　When it comes to trading platform available, what Tiger Brokers offers is an App called TIGER TRADE, available for mobile and desk devices.

　　As per it official website, Tiger Brokers currently accepts traders to fund their account through DDA Fast Deposit and Bank Transfer, currencies available in SGD, USD, HKD, AUD, and EUR.

　　The Tiger Brokers customer support can be reached through telephone: +65 6950 0591/+65 6331 2277, as well as the email: service@tigerbrokers.com.sg. Business hour: 8:30am to 6:30 pm (Monday-Friday).

　　Company: Tiger Brokers（Singapore）Pte Ltd

　　Phone: +65-6331 2271

　　Website:

　　https://www.tigerbrokers.com.sg/abo

　　https://www.wikifx.com/en/dealer/3409758965.html

　　Twitter: https://twitter.com/BrokersTiger

　　Facebook: http://www.facebook.com/tigerbrokerssg