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TIGER BROKERS Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.tigertcp...., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts, New ZealandFSPRFinancial Service Corporate, AustraliaASICInvestment Advisory License, United StatesNFACommon Financial Service License, United StatesNFACommon Financial Service License to enhance the security of the company's address

TIGER BROKERS Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
Top Capital Partners Limited
Abbreviation
TIGER BROKERS
Company employee
--
Customer Service Email Address
service@tigerbrokers.com
Company Website
Keywords
5-10 years
Regulated in Hong Kong
Dealing in futures contracts
Regional Brokers
Suspicious Overrun
Medium potential risk

Company profile

BASIC INFORMATION: Tiger Brokers is a multi-asset online brokerage, providing opportunities across a range of securities in global securities markets and currencies. This includes stock/equities in the US, Hong Kong, Singapore and Australia, such as Gamestop(GME), as well as futures, options, funds and more. Tiger Brokers was founded in 2014 and is now an established brokerage with licensed entities across the globe. The firm has office presence in Singapore, Auckland (NZ), New York and more, with nearly 1000 employees. REGULATORY INFROMATION: LICENSE Tiger Brokers is not subject to any regulation. MARKET The broker offers clients investing and trading opportunities in the following global markets: · Australia: Stocks · China: A-Shares (HKEX Northbound Trading) · USA: Stocks, ETFs, Stock Options, Futures, OTC · Singapore: Stocks, ETFs, Rights Issue, Futures, REITs, DLCs · Hong Kong: Stocks, Warrants, Stock Options, CBBCs, Futures SPREADS & COMMISSIONS Commissions and fees vary by market and asset class and are highly competitive vs other leading brokers. See the full commission breakdown below: Stocks And ETFs · China A-Shares – 0.03% x trade value · Australian Stocks – 0.03% x trade value · Hong Kong Stocks – 0.03% x trade value · US Stocks and ETFs – from $0.005 per share · Singapore Stocks, ETFs, REITs and DLCs – 0.04% x trade value Options, Warrants and CBBCs · US Stock Options – from $0.65 per contract · Hong Kong Stock Options – from 0.2% x trade value · Hong Kong Warrants and CBBCs – 0.03% x trade value Futures · Equity Futures – $8 per contract · Treasury Futures – $1.99 per contract · Forex Futures – from $1.99 for major pairs, commission-free for micro pairs · Index Futures – vary by index, from $0.99 per contract, including China A50 Index · Energy Futures – vary by energy, from $0.99 per contract, including e-mini crude oil · Agriculture Futures – vary by product, from $0.99 per contract, including corn and wheat · Metals Futures – vary by metal, from $0.99 per contract for Micro Gold, average $1.99, including Gold and Silver Additional platform fees, regulatory board charges and trading fees, including stamp duty, clearing, and settlement charges may apply. LEVERAGE Tiger Brokers offers leverage opportunities for traders with a margin account. Leverage rates vary with the type of trade being executed; up to 1:4 leverage can be acquired for intraday trading, whereas overnight trades and GTC orders are limited to 1:2. ACCOUNT TYPES There are two account types available to Tiger Brokers retail clients; margin accounts and cash accounts. Similarities between the accounts include no minimum deposit requirements and no limits on the number of orders or frequency of trades. The brokerage allows clients to upgrade from a cash account to a margin account free of charge. Margin Account · Access to all products · Minimum trade size 1 lot · 1:4 leverage for intraday trading · 1:2 leverage for overnight trading Cash Account · Minimum trade size 1 lot · no margin or short selling · Some products, including futures and options, may not be trade. DEPOSITS & WITHDRAWALS Tiger Brokers does not have a minimum deposit requirement, which is ideal for new investors and those without much capital to put down. The brokerage accepts several payment methods for live account deposits in five currencies; USD, EUR, SGD, HKD and AUD: Singapore Bank Accounts: · Direct Debit Authentication – SGD only, processing time a matter of minutes, no fees, sending bank DBS/POSB · DBS/POSB Bank Transfer – all currencies, SGD processing time 15+ minutes, other currencies 1-2 business days, no fees · Non-DBS/POSB Bank Transfer – all currencies, SGD processing time 15+ minutes, other currencies 1-3 business days, fees vary by currency, ~ USD 25 Non-Singapore Bank Account: · Telegraphic Transfer – any bank, 1–3-day processing time, charges dependent on sending bank Withdrawals Tiger Brokers does not charge withdrawal fees; however, third-party bank charges may apply. Similar to deposits, withdrawal methods vary by receiving bank and currency: Singapore Bank Accounts: DBS/POSB Bank Transfer – all currencies, 1-3 business days, no fees Non-DBS/POSB Bank Transfer – all currencies, 1-3 business days, fees vary by currency, ~ USD 25, intermediary bank fees apply Non-Singapore Bank Accounts: Telegraphic Transfer – any bank, 1–3-day processing time, fees vary by currency, ~ USD 25, intermediary bank fees apply DEMO ACCOUNT Tiger Brokers offer a paper trading, or practice, account. TRADING PLATFORMS · The broker offers a proprietary platform terminal called Tiger Trade. TRADING HOURS Tiger Brokers follows standard office hours and supports 24-hour trading Monday through Friday. However, these timings will vary with the instrument type being traded. For example, stock exchanges have specific opening times, whereas forex can be traded 24/5. Customer Support Tiger Brokers offers the below customer contact options, available Monday to Friday, 08:30 – 18:30 GMT: · Email: service@tigerbrokers.com.sg · China Telephone: +86 400 603 7555 · New Zealand Telephone: +64 93938128 · Singapore Telephone: +65 6950 0591 & +65 6331 2277 · Live Chat: logo on right side of all webpages or within Tiger Trade app · Address: #29-04, Singapore Land Tower, 50 Raffles Place, Singapore 048623 ACCEPTED COUNTRIES Tiger Brokers accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Rating Index

How to login to TIGER BROKERS?
Tiger Brokers Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Tiger Brokers Account Registering for a Tiger Brokers account is a straightforward process designed to ensure you can start trading quickly and securely.

  

Tiger Brokers Forex Broker - Complete Information Guide

  

1. Broker Overview

  Tiger Brokers, officially known as UP Fintech Holding Limited, was founded in 2014. The company is headquartered in Beijing, China, with significant offices located in various regions including Singapore, New York, Beijing, Auckland, and Sydney. Tiger Brokers is a publicly traded company, listed on NASDAQ under the ticker symbol "TIGR".

  The broker primarily serves individual retail clients and has rapidly expanded its user base to over 10 million globally, making it a prominent player in the online brokerage market. Tiger Brokers has made a name for itself by offering a user-friendly trading platform that integrates various financial products, allowing clients to trade in multiple markets including the US, Hong Kong, Singapore, China, and Australia.

  Since its inception, Tiger Brokers has achieved several milestones. It has been recognized in KPMG's Fintech 100 and CB Insights list of unicorn companies, reflecting its rapid growth and innovation in the fintech space. The company operates on a unique business model that emphasizes low commission rates and a seamless trading experience, appealing especially to beginner and intermediate investors seeking access to global markets.

  

2. Regulatory and Compliance Information

  Tiger Brokers is regulated by several top-tier financial authorities across different jurisdictions, ensuring a high level of compliance and security for its clients. The primary regulatory bodies overseeing Tiger Brokers include:

  • Monetary Authority of Singapore (MAS) - Capital Markets Services License
  • U.S. Securities and Exchange Commission (SEC) - Registered Investment Advisor
  • Financial Industry Regulatory Authority (FINRA) - Member
  • Australian Securities and Investments Commission (ASIC) - Australian Financial Services License
  • Securities and Futures Commission of Hong Kong (SFC) - Licensed Corporation

  Each of these regulatory bodies issues specific license numbers, which are essential for maintaining the broker's operational integrity and compliance with local laws. For example, the SEC registration number for Tiger Brokers (U.S.) is 8-65324, while the ASIC license number is 300767.

  Tiger Brokers also follows strict customer fund segregation policies, ensuring that client assets are kept separate from the companys operational funds. This practice is crucial for protecting client investments and maintaining trust. The broker participates in various investor compensation schemes, providing additional safety nets for customers in case of financial discrepancies.

  Furthermore, Tiger Brokers employs Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to verify the identities of its clients, further enhancing its compliance framework.

  

3. Trading Products and Services

  Tiger Brokers offers a diverse range of trading products, catering to the needs of various investors. The broker provides access to numerous currency pairs in the forex market, including major, minor, and exotic pairs. In addition to forex, the broker also facilitates trading in Contract for Difference (CFD) products across several categories such as indices, commodities, stocks, and cryptocurrencies.

  The specific trading instruments available through Tiger Brokers include:

  • Forex Pairs: A wide array of currency pairs, allowing for extensive trading opportunities.
  • CFDs: Products covering indices, commodities, stocks, and cryptocurrencies, enabling investors to speculate on price movements without owning the underlying assets.
  • Special Products: Unique offerings such as callable bull/bear contracts (CBBCs) and daily leverage certificates (DLCs), which provide alternative investment strategies.
  • Retail Trading Services: Comprehensive services for individual investors, including fractional shares, enabling lower investment thresholds.
  • Institutional Client Services: Tailored solutions for institutional investors, although details on these services are less publicized.

  Tiger Brokers frequently updates its product offerings, introducing new instruments based on market demand and investor interest. This adaptability helps the broker maintain a competitive edge in the rapidly evolving financial landscape.

  

4. Trading Platform and Technology

  Tiger Brokers utilizes its proprietary trading platform, known as Tiger Trade, which is designed to provide a seamless trading experience across both desktop and mobile devices. The platform is compatible with both iOS and Android, making it accessible for traders on the go.

  While Tiger Brokers does not support the popular MetaTrader 4 or 5 platforms, its proprietary software offers a range of features that appeal to users. The platform provides:

  • Web-Based Trading: A user-friendly interface that allows traders to execute trades and manage their accounts without the need for software downloads.
  • Mobile Application: The Tiger Trade app offers a simplified interface with essential trading tools, making it ideal for beginners and experienced traders alike.
  • Execution Model: Tiger Brokers operates primarily on a non-advisory, execution-only model, focusing on providing clients with the tools to make informed trading decisions.
  • Technical Infrastructure: The broker's servers are strategically located to ensure fast execution speeds and minimal latency, which is crucial for high-frequency trading strategies.
  • API Access: While not widely advertised, Tiger Brokers does provide some support for automated trading through API access, catering to algorithmic traders.

  Overall, the technology and infrastructure behind Tiger Brokers are designed to enhance the trading experience, providing users with the tools they need to succeed in the markets.

  

5. Account Types and Trading Conditions

  Tiger Brokers offers a straightforward account structure designed to cater to a wide range of investors. The primary account types include:

  • Prime Account: This is the standard trading account with no minimum deposit requirement. It allows users to trade various financial instruments with competitive spreads starting from 0.03%.
  • Margin Account: Available to clients aged 21 and above, this account supports margin trading and short selling, providing leverage of up to 4x for day trading and 2x for overnight positions.
  • Demo Account: Tiger Brokers offers a demo account option, allowing new traders to practice their skills in a risk-free environment before committing real funds.

  The trading conditions for the accounts are as follows:

  • Minimum Deposit: $0 for the Prime Account.
  • Spreads: Starting from 0.03% for various instruments.
  • Commission Fees: Vary based on the asset class, with detailed information provided on the broker's website.

  Tiger Brokers does not charge overnight fees for its accounts, which is a significant advantage for traders looking to hold positions for extended periods. However, clients should be aware of the potential risks associated with trading on margin.

  

6. Fund Management

  Tiger Brokers offers several convenient deposit and withdrawal methods to facilitate easy fund management for its clients. The available deposit methods include:

  • Bank Transfers: Clients can transfer funds directly from their bank accounts, with no minimum deposit required.
  • Credit/Debit Cards: Accepted for deposits, allowing for quick funding of trading accounts.
  • E-Wallets: Options like Wise are available for faster transactions.

  The processing time for deposits varies, but bank transfers typically take 1-3 business days. Notably, Tiger Brokers does not charge any deposit fees, making it cost-effective for traders.

  For withdrawals, clients can choose from several methods, including:

  • Bank Transfers: Withdrawals can be made to local or international bank accounts, with processing times ranging from the same day to a few business days.
  • No Withdrawal Fees: Tiger Brokers does not impose withdrawal fees, although banks may charge fees based on their policies.

  Overall, Tiger Brokers has established a user-friendly fund management system that prioritizes client convenience.

  

7. Customer Support and Educational Resources

  Tiger Brokers provides a variety of customer support channels to assist its clients. These include:

  • Email Support: Available for inquiries, with a typical response time of 1-3 business days.
  • Live Chat: An instant messaging option on the website and app for immediate assistance.
  • Telephone Support: Limited availability during business hours for urgent inquiries.

  The broker offers support in multiple languages, catering to its diverse client base across various regions.

  In terms of educational resources, Tiger Brokers has implemented several initiatives to help clients enhance their trading knowledge:

  • Webinars: Regular online seminars covering various trading topics and market analysis.
  • Tutorials: Step-by-step guides and video resources available on the platform for new users.
  • Market Analysis Services: Daily updates and research reports to keep clients informed about market trends.

  These resources are designed to empower traders, enabling them to make informed decisions and improve their trading strategies.

  

8. Regional Coverage and Restrictions

  Tiger Brokers operates in several key markets, including:

  • Singapore: The primary hub for its operations in Southeast Asia.
  • United States: Providing access to major stock exchanges like NASDAQ and NYSE.
  • Australia and New Zealand: Catering to investors in these regions with local market access.
  • Hong Kong and China: Offering trading in A-shares and other local instruments.

  The broker has offices strategically placed in various locations to support its international client base. However, there are certain countries where Tiger Brokers does not accept clients, primarily due to regulatory restrictions. These include regions such as North Korea, Iran, and several others listed under anti-money laundering (AML) regulations.

  In summary, Tiger Brokers has established itself as a reputable broker with a strong regulatory framework, offering a wide range of trading products and services. Its user-friendly platform, competitive fees, and robust customer support make it an attractive choice for investors looking to access international markets.

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TIGER BROKERS Forex Broker has an overall rating of 6.64, Regulatory Index 6.54, License Index 6.54, Business Index 7.37, Software Index 5.89 Risk Control Index 7.27.
TIGER BROKERS