Tiger Brokers is a NASDAQ-listed (NASDAQ: TIGR) online brokerage platform backed by prominent investors, including Xiaomi and Interactive Brokers.
Along with low commission trades and competitive platform fees, investors can also gain easy access to a wide array of financial instruments across global markets, including Singapore, Australia, China, Hong Kong and the United States.
Learn more about Tiger Brokers and find out if its offerings are ideal for you.
Stocks, ETFs, Options, Futures
What you can trade?
$0
Minimum Opening Balance
| Tradeable Assets | Stocks, ETFs, Options, Futures |
|---|---|
| Tradable Markets | SG, US, HK, CN, AU |
| Brokerage fee | SGX stocks: $1.99 per order US stocks: US$1.99 per order |
| Trading Platform | Tiger Trade |
| Open Account More Info |
Tiger Brokers (Singapore) Pte. Ltd. (Reg. No. 201810449W) is licensed and regulated by the Monetary Authority of Singapore. Registered Office: #29-04, Singapore Land Tower, 50 Raffles Place, Singapore 048623.
Here are some key benefits that help Tiger Brokers maintains its competitive edge:
Tiger Brokers offer the following account types:
Cash account is a basic account type that allows users to trade stocks with cash only, with no limits on the number or frequency of T+0 trades. Margin trading and short selling facilities are unavailable. Products that require financing (including futures and options) also cannot be traded with cash account. Do note that a cash account may be upgraded to a margin account if you meet the eligibility requirements.
With a margin account, users will be able to finance trades through leverage and access all products available at Tiger, including margin trading, futures trading and short selling. There is no limit on the number or frequency of T+0 trades.
An all-in-one account that is solely dedicated to investments in a wide variety of mutual funds (which includes equity, money market and bond funds), allowing easy diversification of portfolios without having to open a separate, non-linked account. Investors may select either a one-time investment or a regular savings plan. Do note that a minimum trade amount of US$100 applies for all types of mutual funds.
Tiger Brokers waives all custody fees, deposit and withdrawal fees, currency exchange fees, inactivity fees or account maintenance fees. But trades are subject to various commissions and platform fees.
Take a look at the fee structures for the different products below:
| Commission | Platform fee | |
|---|---|---|
| US stocks and ETFs | US$0.005 per share (minimum US$0.99 per order) | US$0.005 per share (minimum US$1 per order) |
| Hong Kong stocks | 0.03% of trade value (minimum HK$7 per order) | 0.03% of trade value (minimum HK$8 per order) |
| Singapore stocks, ETFs, REITs and DLCs | 0.03% of trade value (minimum $0.99 per order | 0.03% of trade value (minimum $1 per order) |
| China A-shares | 0.03% of trade value (minimum ¥7 per order) | 0.03% of trade value (minimum ¥8 per order) |
| Australian stocks | 0.03% of trade value (minimum AUD$2 per order) | 0.03% of trade value (minimum AUD$6 per order) |
Note: The individual stock markets may impose other charges such as trading fees, settlement fees and more. The fees indicated in the table are accurate as of 23 March 2023.
| Commission | Platform fee | |
|---|---|---|
| US stock options | US$0.65 per contract (minimum US$1.99 per order) | US$0.30 per contract (minimum US$1 per order) |
| Hong Kong stock options | Trading fee: 0.02% of trade value (minimum HK$3 per order) Exercise fees: 0.03% of exercise value (minimum HK$7 per order) | Trading fee: HK$15 per order Exercise fees: 0.03% of exercise value (minimum HK$8 per order) |
| Hong Kong warrants and CBBCs | 0.03% of trade value (minimum HK$45 per order) | N/A |
Note: The individual stock markets may impose other charges such as trading fees, settlement fees, transaction levy and more. The fees indicated in the table are accurate as of 23 March 2023.
| Commission | Platform fee | |
|---|---|---|
| Index futures | US$0 to US$2.99 | US$1 |
| Treasury futures | US$0 to US$1.99 | US$1 |
| Metal futures | US$0.99 to US$1.99 | US$1 |
| Energy futures | US$0.99 to US$1.99 | US$1 |
| Forex futures | US$0 (tiny pairs) to US$1.99 (large pairs) | US$1 |
| Agriculture futures | US$0.99 to US$1.99 | US$1 |
| Equity futures | HK$8 | HK$7 |
| Digital asset futures | US$1.99 to US$18.99 | US$1 |
Note: Fees for futures on certain assets may be charged in another currency. To view the full fee table, please visit Tiger Brokers website. The fees indicated in the table are accurate as of 23 March 2023.
Frequent traders on Tiger Brokers can achieve 1 of the 3 trading tiers – Silver Trader, Gold Trader or Ace Trader – to enjoy up to 30% off commissions and free stocks.
Here are the exclusive privileges you can unlock with each of the 3 different trader tiers:
| Silver Trader | Gold Trader | Ace Trader | |
|---|---|---|---|
| Minimum trade requirement (for all varieties in any of the past 3 months) | Over 50 orders | Over 100 orders | Over 200 orders |
| Privileges | 4 | 6 | 8 |
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On top of its solid regulatory backing, Tiger Brokers also has multiple security tools in place to protect its clients’ funds:
Opening a Tiger Brokers account is quick and simple. If you have a SingPass account, you may select “Open an account with MyInfo” to prefill the required information and documents. Otherwise, you’ll have to do these manually.
While there’s no minimum funding required for Tiger Brokers, you may top up your account balance in multiple currencies (SGD, USD, HKD, AUD and EUR) through the following ways:
If you have any enquiries, you may contact Tiger Brokers customer support team directly through:
Whether you’re a new or seasoned trader, Tiger Brokers could be an ideal go-to broker if you’re looking to gain both Singapore and foreign market exposures without having to pay exorbitant commissions and platform fees.
In addition, Tiger Brokers also offers generous sign-up promotions and rewards from time to time, especially for traders who qualify for the Silver, Gold or Ace Trader status. However, do pay attention to the minimum commission fee charged if you’re trading in small sizes.
