- The Tiger Brokers online application form will take you approximately 10 minutes to complete. After you have submitted your application, your Tiger trading account will be opened within 1 to 3 business days. You will be able to call the customer service hotline or start an online chat with the customer service team if you need an application status update.
- To draw your money from Tiger Brokers account, you can do so via the Tiger Brokers website. Click on "My Account" followed by "Withdrawal". If you are using the Tiger desktop or mobile app, click on "Tiger Account" followed by "Withdrawal". Tiger Brokers does not charge any withdrawal fees. You will then receive your funds within 2 to 3 working days.
- Before you start buying stocks on your Tiger Brokers account, you will need to first fund your account by making a cash deposit. Once that's successful, open your Tiger Brokers app and you will see your fund balance under the "Assets" tab. If that's correct, click on the "Stocks" tab and return to the homepage. Click on the search bar on the top left hand corner, and search for the stock (use the symbol) that you're interested in. Once you're on the stock's page, you will see all the available information and charts. You can then click on the "Buy/ Long" button on the bottom right to start a ticket – which you will need to fill in with your order limit, limit price, quantity, positions, etc. before you click "Submit".
- If you are withdrawing your funds from Tiger Brokers, you will need to submit a withdrawal application via the Tiger website or trading apps. After that, it will take an approximate 2 to 3 working days for your funds to reach your account.
- A paper account in online brokerage terms basically refers to a free demo account. You will be able to login to the trading apps, have "fake" money already in it for you, and "trade" on the live markets – effectively a great way to learn to use the trading platform, to discover the different trading approaches and strategies, and watch the PnLs.
- To deposit funds, or top up your Tiger Brokers trading account, visit the Tiger website and click on "My Account", followed by "Deposit". If you are using the trading app, click on "Tiger Account" followed by "Deposit". Select your currency of choice, and the bank that you are using. You can then follow the instructions to complete the transfer. Once that's done, click on "Funds remitted. Inform Tiger to check" option.
- Currently, the range of trading products offered by Tiger Brokers Singapore does not include Bitcoin or other cryptocurrencies. However, Tiger Brokers has announced that they plan to launch crypto trading services outside China in the future.
- Yes, you’ll be able to do day trading for some of the markets including Singapore, Hong Kong, Australia and China. Do take note of the different day trading timings for the different markets which you can find out on Tiger Brokers Singapore’s Trading Rules page.
- Yes, Over-the-Counter (OTC), which refers to trading that takes place outside an exchange is available via Tiger Brokers Singapore trading platforms. As long as you have a Cash account or Margin account, you’ll be eligible to trade US stocks in OTCQX, OTCQB and Pink markets. However, as most OTC stocks are not available for short selling, you’ll need to refer to the stock info page of the Tiger Trade app.
- Yes, all accounts opened via Tiger Brokers Singapore are custodian accounts. Singapore's DBS Bank is the custodian bank for your funds when you invest in any of the trading products available on their platforms.
- No. Tiger Brokers Singapore does not charge any inactivity fees or maintenance fees.
- Tiger Brokers Singapore’s revenue sources include commissions, margin loans, and other non-traditional revenue streams such as IPO underwriting, which involves helping its customers gain early access to newly US-listed Chinese companies, as well as the management of employee stock ownership plans.
- There are 2 types of account at Tiger Brokers – a Margin Account, and a Cash Account. A Margin Account will allow you to execute margin trades and short sells (intraday leverage up to 4 times, and overnight leverage up to 2 times). You will be able to trade all products available at Tiger. However, if you're not proficient with margin or short sells, the next account is for you. The basic Cash Account is more suitable for beginners and allows you to trade with cash. You will not be able to execute margin trades, short sells, futures, and options.
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