[DO NOT OFFER REFERRALS] Tiger Broker Singapore

ChronoCross

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Amazing news.. Too bad I all in for the markets if not I'll buy some sg stocks to support them.
 

Zink00

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How is the forex spread?

What is the selling fee?

Transfer fee to other brokers?
 

angelicguy

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has anyone tried withdrawing their funds? i saw theres a charge of USD30 fee by the bank? wtf if they are going to charge im gonna change brokers!
 

vischang

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has anyone tried withdrawing their funds? i saw theres a charge of USD30 fee by the bank? wtf if they are going to charge im gonna change brokers!

it's by the bank not the broker...see your bank's terms and conditions.... dont deposit usd back change to sgd and theres no issues
 

MichealScott

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Wow...no min. Commission till Dec. After Dec will be $2.80? That is crazy good..

Sent from Stamford Bridge using GAGT
 

vischang

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has anyone tried withdrawing their funds? i saw theres a charge of USD30 fee by the bank? wtf if they are going to charge im gonna change brokers!

Mine charged 35 USD cause UOB applies TT for USD account, if local SGD account no issues
 

CaptainWu

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Just curious, was yours a very large sum of withdrawal? How did you have to chase for it?

I withdrew 5k SGD a few weeks before and it only took 2 hours I think. I did the withdrawal on a weekday evening, not sure if that helps.

Just few k and not a large sum. I chased them using the online chat daily and got it through finally. Not sure why it took long probably because I just deposited few days ago so they holded this up for a while.
 

Converged

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Some things I noticed:

- Free L1 data for LSE, but cannot trade. Means you cannot buy LSE-listed Ireland domiciled ETFs for the lower 15% withholding tax rate as compared to 30% in US.

- They appear to have removed fees for withdrawal, at least for SGD. No more $2 withdrawal fee.

- App looks nice but fundamentally it is designed for China... a lot of surprise chinese notifications and errors here and there and the english can be a bit broken.

- T&C for free stock says you only can withdraw proceeds from free stock once you hit equal value on commission, seems a bit scammy to me especially for referral program. $1000 in stock from referral = must accrue $1000 in commission? Not the most ethical referral program if they do enforce this.

Where did u see the last point? Could you please SIC link?
 

RedsYWNA

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Honestly, Tiger Broker isnt bad, if you want to trade SGX stocks. But for overseas stocks, I would stick with IBKR as it's more established.

Tiger's app interface is also much slicker than DBS Vickers or IBKR.
 

tweeety

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Honestly, Tiger Broker isnt bad, if you want to trade SGX stocks. But for overseas stocks, I would stick with IBKR as it's more established.

Tiger's app interface is also much slicker than DBS Vickers or IBKR.

im using scb pb trading.

isit worth to trade with tiger?
 
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xiaotuzi

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I sent a message to Tiger Brokers on their FB page. I asked them whether intraday shorting of stocks on SGX is allowed (of course i will cover back my position before market close) and the reply was Yes.

Can anyone verify this? Thanks!
 

boliao123

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sorry if this was answered already...

- noticed Tiger isn't a SGX trading member, means they trading through another SG broker?
- custody of SGX stocks is held with Tiger and not linked to clients CDP accounts?
 
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