Tiger Brokers review

Trade Singapore and foreign markets on one of the most affordable and fastest-growing online brokerages.

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.

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Stocks, ETFs, Options, Futures

What you can trade?


Minimum Opening Balance


Quick verdict

Good for
  • Low commission fees
  • Trade on Singapore and international markets
  • Attractive sign-up perks and ongoing promotions
  • User-friendly platform with a feature-heavy proprietary software
Not so great for
  • Limited market access
  • Few funding options

Tiger Brokers is regulated by the MAS

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.

What are the benefits of Tiger Brokers?

Here are some key benefits that help Tiger Brokers maintains its competitive edge:

  • Wide range of investment assets. Trade stocks, ETFs, mutual funds, futures, options, warrants, CBBCs and REITs with this one-stop trading platform.
  • Trade on Singapore and international markets. Access various exchanges across global markets, including Australia, China, Hong Kong, Singapore and the United States.
  • Multi-platform access. Tiger Brokers is 100% online, offering intuitive trading platforms on both desktop and mobile.
  • Customisable. Personalise your trading experience with a customisable dashboard, which may be rearranged according to your investment goals, portfolio characteristics and more.
  • Low commission fees. Tiger Brokers does not charge any fees for custody, deposit and withdrawal, currency exchange, inactivity or account maintenance. Trade executions only incur a low commission and platform fee, helping you keep more of your capital gains.
  • Gamified rewards. Earn Tiger Coins to redeem various rewards on the Tiger Trade App. Tiger Coins are awarded when you complete daily tasks such as signing in, sharing a stock, posting a comment, reading a number of news stories and more.

    Tiger Brokers features

    • Advance trading features. Bring your trading experience to the next level with 1-click trading, profit and loss analysis, stock options trading, in-depth analytics, candlestick charts and screeners.
    • Complimentary real-time stock data. Gain a deeper understanding of trends and price analysis with real-time stock market data for SGX (level 1) NYSE (level 2) and OTC Markets (level 2+).
    • Financial newsfeed. Stay on top of market trends and make informed trading decisions with financial information on company stocks, global news, an economic calendar and more.

    What are the various account types offered by Tiger Brokers?

    Tiger Brokers offer the following account types:

    Cash account

    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.

    Margin account

    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.

    Fund mall account

    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.

    What are the fees?

    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:

    Stocks and ETFs

    CommissionPlatform fee
    US stocks and ETFsUS$0.005 per share (minimum US$0.99 per order)US$0.005 per share (minimum US$1 per order)
    Hong Kong stocks0.03% of trade value (minimum HK$7 per order)0.03% of trade value (minimum HK$8 per order)
    Singapore stocks, ETFs, REITs and DLCs0.03% of trade value (minimum $0.99 per order0.03% of trade value (minimum $1 per order)
    China A-shares0.03% of trade value (minimum ¥7 per order)0.03% of trade value (minimum ¥8 per order)
    Australian stocks0.03% 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.

    Options, warrants and CBBCs

    CommissionPlatform fee
    US stock optionsUS$0.65 per contract (minimum US$1.99 per order)US$0.30 per contract (minimum US$1 per order)
    Hong Kong stock optionsTrading 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 CBBCs0.03% 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.


    CommissionPlatform fee
    Index futuresUS$0 to US$2.99US$1
    Treasury futuresUS$0 to US$1.99US$1
    Metal futuresUS$0.99 to US$1.99US$1
    Energy futuresUS$0.99 to US$1.99US$1
    Forex futuresUS$0 (tiny pairs) to US$1.99 (large pairs)US$1
    Agriculture futuresUS$0.99 to US$1.99US$1
    Equity futuresHK$8HK$7
    Digital asset futuresUS$1.99 to US$18.99US$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.

    What does it mean to be certified as a “Tiger Trader”?

    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 TraderGold TraderAce Trader
    Minimum trade requirement (for all varieties in any of the past 3 months)Over 50 ordersOver 100 ordersOver 200 orders
    • $10 stock voucher
    • Birthday gift: 5 general commission-free trades within 30 days
    • 10% off commission for US stocks
    • 5% off commission for HK stocks
    • $10 stock voucher
    • Birthday gift: 5 general commission-free trades within 30 days
    • 20% off commission for US stocks
    • 10% off commission for HK stocks
    • 5 commission-free trades for Singapore stocks
    • 1 free UBS share
    • $10 stock voucher
    • Birthday gift: 5 general commission-free trades within 30 days
    • 30% off commission for US stocks
    • 20% off commission for HK stocks
    • 5 commission-free trades for Singapore stocks
    • 1 free BAC share
    • Free Reuters videos
    • 10% off commission of US stock options

    Is it secure to trade with Tiger Brokers?

    On top of its solid regulatory backing, Tiger Brokers also has multiple security tools in place to protect its clients’ funds:

    • Custodian account. All your assets are stored in third-party custodian bank accounts and completely segregated from Tiger Brokers’ own capital.
    • 2FA feature. You may add an extra layer of security to your Tiger Brokers account by enabling 2-factor authentication. By doing so, you’ll be prompted to input a 1-time password generated by the “Tiger Token”, alongside your account password.
    • Alerts and notifications. Receive email and push notifications for all account activities, including transfers and withdrawals. Should there be any suspicious transactions, they’ll be flagged automatically and submitted to Tiger Brokers for further investigation.

    How do I sign up for a Tiger Brokers account?

    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.


    • At least 18 years old (for cash account) or 21 years old (for margin account). Individuals over 75 years of age are not eligible to open an account with Tiger.

    Required information

    • Identity document (e.g. government-issued ID, passport or driver’s licence)
    • Proof of residential address
    • Tax residency and tax identification number (if any)
    • Employer name and address
    • Investment objectives and details regarding your trading experience

    How do you fund your Tiger Brokers account?

    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:

    • DDA Fast Deposit (for DBS/POSB accounts only)
    • Bank transfer

    How do I contact support?

    If you have any enquiries, you may contact Tiger Brokers customer support team directly through:

    • Phone: +65-6950 0591/+65-6331 2277 – available from 8:30am to 6:30pm (Monday to Friday)
    • Chat bot: Available on both Tiger Brokers’ website and Tiger Trade app
    • Email: service@tigerbrokers.com.sg

    Compare other stock trading platforms

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    SGX stocks: $1.98
    US stocks: 2 free trades per month and $1.49 per trade thereafter
    Stocks, ETFs
    US, SG
    Syfe Trade
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    Interactive Brokers
    SGX stocks: $2.50 per order (exclusive of GST)
    US stocks: $1.00 per order
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    Take advantage of low trading fees, multiple platform support, and an extensive list of asset classes across global markets, including stocks, options, futures, forex, bonds, and funds.
    SGX stocks: N/A
    US stocks: $0
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    Webull App
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    Saxo Markets
    SGX stocks: $5
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    SaxoInvestor, SaxoTraderG, SaxoTraderPRO
    Trade 22,000+ international stocks on global exchanges with brokerage fees as low as $5. Low-risk account is also available for beginners.
    Tiger Brokers
    SGX stocks: $1.99 per order
    US stocks: US$1.99 per order
    Stocks, ETFs, Options, Futures
    SG, US, HK, CN, AU
    Tiger Trade
    Up to 2.88 free stocks, zero commission trading, Ryde+ subscription for new users. Fund your account for a sure-win lucky draw. Refer your friends successfully for a sure-win lucky draw chance and get free HP, GoPro or Apple fractional shares. T&Cs apply.

    Finder Exclusive: Get an additional $20 stock voucher upon account funding (no minimum requirement).
    IG CFD Trading
    SG, US, UK, ES, FR, DE, IT, CH, AU, SE & 9+ more
    IG Online Trading, IG Mobile Trading App, Progressive Web App, ProRealTime, MetaTrader 4, L2 Dealer
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    Bottom line

    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.

    Frequently asked questions

    Important information: Powered by finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

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