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Forex Broker Rating

Tiger Brokers

Tiger Brokers

Information about the broker Tiger Brokers

Rating: 2.7
Jurisdiction: Singapore
Regulators: MAS, ASIC, SFC
Foundation date: 2014
Site: https://itiger.com

Brief information Tiger Brokers

The international company Tiger Brokers is an online firm that offers trading through its proprietary platform with access to international financial markets, specializing in securities. The company was founded in 2014. In 2015, it launched the Tiger Trade app, and in 2020, it entered the Singapore market. 

The company’s Singapore division operates under the name Tiger Brokers (Singapore) Pte. Ltd. and holds a license to provide services in the capital markets. The group publishes information on regulatory requirements by country. The company also lists the awards and achievements it has earned during its time in the financial sector.

The broker operates two websites:

  • itiger.com

  • tigersecurities.com

Customer support in Singapore can be contacted at service@tigerbrokers. com.sg, by phone: +65 6331 2277. The registered address is: 1 Raffles Place, #35-61 One Raffles Place Tower 2, Singapore 048616.

Tiger Brokers

Tiger Brokers trading terms

The Tiger Trade platform is available on Windows, macOS, iOS and Android. It offers customisable charts and indicators, real-time quotes, Level II data for US and Singapore stocks, and a demo account for stock and options trading. Supported order types include market, limit, stop-loss, stop-limit and conditional orders.

The broker provides access to 

  • shares, 

  • ETFs, 

  • options, 

  • futures,

  • funds. 

The broker offers equities from markets including the US, Hong Kong, Singapore and Australia. Under the Singapore entity’s standard US stock and ETF pricing, the commission and platform fee are each USD 0.005 per share. Minimum charges and separate rates for fractional orders apply.

Trading accounts at Tiger Brokers    

The company publicly describes three account types:

  • Cash Account — clients trade using their available cash balance.

  • Margin Account — clients can borrow against eligible collateral to trade.

  • Cash Boost Account — clients can trade eligible stocks and ETFs within an approved credit limit, with no upfront deposit. If they close a position before settlement, they settle the difference between the purchase and sale amounts. 

The company states that it has no general minimum deposit. The public account comparison explains how each account works but gives no separate minimum funding amount for Cash or Margin accounts. Cash Boost explicitly requires no upfront deposit. 

Tiger Brokers

Registration and personal account on itiger.com

Applicants provide personal and contact details and complete identity verification. Eligible applicants with Singpass can use MyInfo to populate the application. Clients manage their portfolio and submit funding requests through Tiger Trade. 

Deposits and withdrawals with Tiger Brokers    

The Singapore entity lists the following methods.

  • Direct Debit Authorisation (DDA), bank transfer, including FAST for eligible SGD transfers, and Wise for deposits.

  • Bank transfer for withdrawals, including FAST, MEPS, FPS and telegraphic transfers, depending on the currency and destination.

There is no general minimum deposit. SGD deposits via FAST can arrive in about 15 minutes. Processing times and bank charges depend on the route. 

Published withdrawal times are generally 1–3 business days. Eligible local SGD withdrawals are free. Overseas transfers may incur sending, intermediary and receiving bank fees. 

Conclusion about Tiger Brokers    

Tiger Brokers publishes account conditions, trading fees and transfer charges by market and payment route. The terms above apply to the Singapore entity. Fees and payment methods depend on the entity that opens the account.

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Trader Reviews

I couldn't see my open position on the TradingView chart on Tiger Brokers. When I tried to set a stop-loss, I got an error saying that trading was taking place outside of regular hours, even though the market was open.

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