[DO NOT OFFER REFERRALS] Tiger Broker Singapore

[undergrd]

Thank you. After I got the free 1 share, it says i need to deposit 3kUSD to own it.

https://www.tigerbrokers.com.sg/activity/market/2020/stock-draw/ <-- try this link. If u are not signed in, sign in again and get auto-redirect.

 

[undergrd]

Can the counters in the watchlist display by the dollar amount going up or down rather than percentage?

 

[robotechnie]

Thank you. After I got the free 1 share, it says i need to deposit 3kUSD to own it.

yes which is why I didnt sign up. That's like having a minimum amount

IB removed their min amount long time ago

 

[fateless]

Is this broker cheapest? I’m using saxo find it expensive

 

[arcan3]

You dont have to deposit a minimum amount for tiger broker. For the lucky draw, you can look at what you draw before you deposit the money. If you got lucky and got AAPL or AMZN, then why not deposit the money inside to get the share? Else, if you get ford, then maybe dont need to bother much liao...

I believe Tiger broker is the second cheapest in the market.

PM me for referral link for tiger broker

 

[Barracudaz]

You dont have to deposit a minimum amount for tiger broker. For the lucky draw, you can look at what you draw before you deposit the money. If you got lucky and got AAPL or AMZN, then why not deposit the money inside to get the share? Else, if you get ford, then maybe dont need to bother much liao...

I believe Tiger broker is the second cheapest in the market.

PM me for referral link for tiger broker

Which is the cheapest broker tho?

 

[jeremqui]

I just downloaded the app on my phone. Seems pretty decent and the commission rates look good. PM me for referral if interested

 

[arcan3]

Which is the cheapest broker tho?

Interactive broker but they will charge USD10 per month if you do not have USD100k inside the account or do not generate USD10 commission charge for that month.


Thus, tiger broker seems to be able to fill up this gap if you are looking to trade the US market

 

[livingcharsiew]

what will happen to my stocks and money in my account if they cease operations or go bankrupt?

https://ir.itiger.com/static-files/6b67eec1-9b33-4bbd-bd6f-6678fa59fd01


Non-GAAP operating loss was US$6.1 million as compared to non-GAAP operating loss of US$12.7 million in 2018.
Š Net loss attributable to UP Fintech was US$6.6 million in 2019, an 84.7% improvement from 2018.
Š Non-GAAP net loss attributable to UP Fintech was US$1.8 million, as compared to non-GAAP net loss of US$9.0 million in 2018.

 

[arcan3]

US TIGER SECURITIES, INC.
is a registered brokerage firm at SEC(CRD: 120583；SEC: 8-65324) and NFA (0328552), a member of FINRA／SIPC and regulated by the US Securities and Exchange Commission.

Securities Investor Protection Corporation (SIPC)--a nonprofit industry membership organization that provides limited insurance for customers in cases where their brokerage firm defaults, becomes insolvent, or runs into a financial crisis. SIPC protection is limited up to $500,000 for securities and cash or $250,000 for only cash.

An account holder at a SIPC-member brokerage firm is protected regardless of whether they are a U.S. citizen or non-U.S. citizen.

So dont hold more than $250k in tiger broker if you are worried.

 

[fortunecat]

Interactive broker but they will charge USD10 per month if you do not have USD100k inside the account or do not generate USD10 commission charge for that month.


Thus, tiger broker seems to be able to fill up this gap if you are looking to trade the US market

The $10 per month is include your commission right?

Means if you took some trades which amount to $10 commission, you won't need to pay another $10?

 

[arcan3]

The $10 per month is include your commission right?

Means if you took some trades which amount to $10 commission, you won't need to pay another $10?

If your commission is $10 or more, then no need to pay the monthly fee for IB.

Tiger does not have such fee. So you might want to consider Tiger instead of IB if the $10 monthly account fee is a push factor

 

[jsjj88]

Anyone able to find out what's the currency conversion fees for this broker? I downloaded the app, features look pretty neat.

 

[Pesantkie]

Anyone able to find out what's the currency conversion fees for this broker? I downloaded the app, features look pretty neat.

1SGD to 0.7057 USD on Tiger as opposed to
1SGD to 0.7075 USD (from xe)



Posted from PCWX using ONEPLUS A6000

 

[wutawa]

1SGD to 0.7057 USD on Tiger as opposed to
1SGD to 0.7075 USD (from xe)

I calc as 0.25% which is between ibkr and scb

 

[limster]

US TIGER SECURITIES, INC.
is a registered brokerage firm at SEC(CRD: 120583；SEC: 8-65324) and NFA (0328552), a member of FINRA／SIPC and regulated by the US Securities and Exchange Commission.

Securities Investor Protection Corporation (SIPC)--a nonprofit industry membership organization that provides limited insurance for customers in cases where their brokerage firm defaults, becomes insolvent, or runs into a financial crisis. SIPC protection is limited up to $500,000 for securities and cash or $250,000 for only cash.

An account holder at a SIPC-member brokerage firm is protected regardless of whether they are a U.S. citizen or non-U.S. citizen.

So dont hold more than $250k in tiger broker if you are worried.

Tiger Securities Inc you get SIPC protection

Is it confirmed that if your account is with their subsidiary Tiger Brokers (Singapore) Pte Ltd, you also get SIPC protection?

Thats the same question they are asking in the IBKR thread.

 

[fortunecat]

So is the commission per trade USD1.99 or USD2.99 min?

 

[Yxy]

so far, the lowest comms I've seen for my trades were 1.99 for stocks, 2.99 for options

So is the commission per trade USD1.99 or USD2.99 min?

 

[peggggg]

Anyone tried using Transferwise or Revolut to fund the account?

 

[Lasogette]

Quite Abit of spelling mistakes in their app though. Will try it out tml.

By the way what stocks u all got for the spin the wheel. I got ford and ubs.