TIGER Forex Broker provides real users with * positive reviews, * neutral reviews and 2 exposure review!
Business
License
FSPR Revoked 
The withdrawal is unavailable with clients’ missing.Fraud platform gives no access to your withdrawal with kinds of reasons.
The fraud platform ,which uses the online recruitment of students,is out of regulatory and its business scale is all fake.
Tiger Brokers, a rapidly growing online brokerage platform, has made significant strides in the investment landscape since its inception in 2014. With a focus on providing low-cost access to various international markets, it has attracted a considerable user base. However, as with any broker, potential investors need to weigh the pros and cons before committing their funds. This review synthesizes information from multiple sources, providing a comprehensive overview of Tiger Brokers, including user experiences, expert opinions, and key features.
Note: It's important to recognize that Tiger Brokers operates through different entities across various regions, which can lead to variations in services and regulations. This review aims to present a balanced perspective based on the most current information available.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 8 |
| Tools and Resources | 7 |
| Customer Service and Support | 6 |
| Trading Setup (Experience) | 7 |
| Trustworthiness | 8 |
| User Experience | 7 |
| Overall Score | 7.3 |
How We Rate Brokers: Our ratings are derived from a combination of user feedback, expert analysis, and factual data regarding account conditions, fees, and overall user experience.
Founded in 2014, Tiger Brokers has quickly established itself as a significant player in the online brokerage space. The platform is operated by UP Fintech Holding Limited, which is publicly traded on NASDAQ under the ticker symbol Tigr. Tiger Brokers offers a proprietary trading platform known as Tiger Trade, which is available on both desktop and mobile devices. Users can trade a diverse array of asset classes, including stocks, ETFs, options, and futures, across major markets such as the United States, Hong Kong, Singapore, and Australia. The brokerage is regulated by several top-tier financial authorities, including the Monetary Authority of Singapore (MAS), the U.S. Securities and Exchange Commission (SEC), and the Australian Securities and Investments Commission (ASIC).
Tiger Brokers operates in multiple regions, including Singapore, the United States, Australia, New Zealand, and Hong Kong. Each region has its own regulatory framework, which influences the services offered to clients. For instance, clients in Singapore benefit from the robust regulatory oversight provided by MAS, which ensures a higher level of safety and security for their investments. However, it's essential to check the specific regulations applicable to your region, as they may vary.
Tiger Brokers supports multiple currencies for deposits and withdrawals, including SGD, USD, AUD, HKD, and others. This flexibility allows users to manage their accounts more efficiently, especially when trading across different markets. However, users should be aware that currency conversion fees may apply when trading in currencies other than their account's base currency.
One of the standout features of Tiger Brokers is its no minimum deposit requirement, making it accessible for novice investors who may be hesitant to commit significant funds initially. This feature is particularly appealing to younger investors or those new to trading.
Tiger Brokers frequently offers promotions, including commission-free trading for a limited time upon account opening. For example, new users can enjoy free trades for a specified period, alongside potential stock vouchers for initial deposits. These promotions are designed to attract new users and encourage trading activity on the platform.
Tiger Brokers provides access to a wide range of tradable assets, including U.S. stocks, ETFs, options, Hong Kong stocks, and Australian stocks. However, it does not currently offer access to cryptocurrencies or bonds, which may limit options for some investors. The inclusion of fractional shares is a significant advantage, allowing users to invest in high-value stocks without needing to purchase whole shares.
The fee structure at Tiger Brokers is competitive, with low commissions for trading U.S. stocks and ETFs at USD 0.005 per share, with a minimum order fee of USD 0.99. For Singapore stocks, the fees are similarly low, set at 0.03% of the trade value, with a minimum of SGD 0.99. However, users should be aware that while the fees are low for smaller volumes, they can increase significantly for larger trades due to the percentage-based fee structure.
Tiger Brokers offers leverage options for various asset classes, which can amplify returns but also increases risk. Users should fully understand the implications of trading with leverage and consider their risk tolerance before engaging in leveraged trading.
The primary trading platform is Tiger Trade, which is available on both desktop and mobile devices. The platform is designed to be user-friendly, with advanced charting tools and market analysis features. However, it does not support popular platforms like MetaTrader 4 or MetaTrader 5, which may be a drawback for some experienced traders.
While Tiger Brokers operates in many countries, it is not available in regions with strict regulatory restrictions, such as North Korea and Iran. Prospective users should check the availability of services in their specific country before attempting to open an account.
Customer support is available in multiple languages, catering to its diverse user base. However, some users have reported challenges with customer service response times and the clarity of information provided, indicating room for improvement in this area.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 8 |
| Tools and Resources | 7 |
| Customer Service and Support | 6 |
| Trading Setup (Experience) | 7 |
| Trustworthiness | 8 |
| User Experience | 7 |
| Overall Score | 7.3 |
Tiger Brokers scores highly in this category due to its no minimum deposit requirement and competitive fee structure. Users appreciate the accessibility of the platform, particularly for beginners looking to start their investment journey.
While Tiger Brokers provides a solid array of trading tools, including real-time data and advanced charting capabilities, some users feel that the educational resources available are limited. This is a critical consideration for novice traders who may require more guidance.
Customer service has received mixed reviews, with some users praising the promptness of responses, while others express frustration over delays and the quality of support. This area may require further enhancement to meet user expectations effectively.
The trading experience on the Tiger Trade platform is generally positive, with a user-friendly interface. However, the lack of support for MetaTrader platforms could deter more experienced traders who prefer those environments.
Tiger Brokers is regulated by recognized authorities, which contributes to its reputation as a trustworthy broker. However, recent incidents involving high fees have raised concerns among users, making it essential for potential investors to remain cautious.
Overall, users report a satisfactory experience with Tiger Brokers, appreciating the intuitive design of the platform. However, some technical glitches and translation issues have been noted, which could affect the overall user experience.
In conclusion, Tiger Brokers presents a compelling option for investors looking to access international markets with low fees. However, potential users should carefully consider the limitations regarding asset classes and the mixed reviews on customer service. As the brokerage continues to evolve, it remains to be seen how it will address these challenges and enhance its offerings.
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