Tiger Brokers -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 1周内

摘要：Tiger Brokers is a Singapore-based broker founded in 2014. It offers a diverse range of market instruments including Stocks, ETFs, REITs, Options, Futures, Unit Trust & Funds.

Tiger Brokers Review Summary
Founded	2014
Registered Country/Region	Singapore
Regulation	FSPR/NFA (Suspicious clone)
Market Instruments	Stocks, ETFs, REITs, Options, Futures, Unit Trust & Funds
Demo Account	✅
Leverage	Up to 4:1
Trading Platform	Web Trader, Tiger Trade App
Minimum Deposit	/
Customer Support	Online Chat, WhatsApp
	Tel: +65 6331 2277
	Email: service@tigerbrokers.com.sg
	Telegram: https://t.me/tigerbrokersofficial
	Social media: Facebook, X, YouTube, Instagram, LinkedIn
	Address: 1 Raffles Place, #35-61 One Raffles Place Tower 2, Singapore 048616

Tiger Brokers Information

Tiger Brokers is a Singapore-based broker founded in 2014. It offers a diverse range of market instruments including Stocks, ETFs, REITs, Options, Futures, Unit Trust & Funds.

Pros and Cons

Pros	Cons
Various trading assets	Suspicious clone licenses (FSPR, NFA)
Demo accounts available	No MT4 or MT5 support
Multiple contact channels	Commission fees charged
Live chat supported

Is Tiger Brokers Legit?

Tiger Brokers holds two suspicious clone licenses in New Zealand (FSPR) and US (NFA). Please be aware of the risks!

Regulatory Status	Regulated by	Licensed Institution	License Type	License Number
Suspicious Clone	FSPR (New Zealand)	TIGER BROKERS (NZ) LIMITED	Financial Service Corporate	473106
Suspicious Clone	NFA (United States)	US TIGER SECURITIES INC	Common Financial Service License	0328552

What Can I Trade on Tiger Brokers?

Trading Instruments	Supported
Stocks	✔
ETFs	✔
REITs	✔
Options	✔
Futures	✔
Unit Trust	✔
Funds	✔
Forex	❌
Commodities	❌
Indices	❌
Cryptos	❌
Bonds	❌

Account Type & Leverage

Tiger Brokers offers two types of accounts to retail clients: Margin accounts and Cash accounts.

Account Type	Leverage
Margin	1:4 (intraday trading)
Cash	/

Tiger Brokers Fees

Market Instruments	Commssion (per contact)	Platform Fee (per contact)
US Options (Fixed Commission Plan)	USD 0.35	USD 0.3
US Options (Tiered Commission Plan)	USD 0 - 0.8	USD 0.3
Hong Kong Stock Options - Trading Fees	0.2% Trade Value	HKD 15
Hong Kong Stock Options - Exercise Fees	0.03% Exercise Value	0.03% Exercise Value
Hong Kong Warrants & CBBCs	0.03% Trade Value	0.00565% Trade Value

Trading Platform

Trading Platform	Supported	Available Devices
WebTrader	✔	Web (browser-based)
Tiger Trade App	✔	Windows, macOS, iOS, Android

Deposit and Withdrawal

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.

Remittance Bank	Payment Options	Accepted Currencies	Deposit Fee	Deposit Time
DBS/POSB	DDA	SGD	❌	5 minutes
DBS/POSB	Bank Account Transfer	SGD/HKD/USD/EUR/AUD		Minimum 15 minutes
Banks in Singapore(Non DBS/POSB)	Bank Account Transfer (FAST)	SGD		Minimum 15 minutes
Banks in Singapore(Non DBS/POSB)	Bank Account Transfer	HKD/USD/EUR/AUD		1-2 business days
Banks outside Singapore	Bank Account Transfer	SGD/HKD/USD/EUR/AUD		1-3 business days
Banks outside Singapore	Wise's Link in Tiger	SGD/USD		/

The withdrawal fee charged by Tiger Brokers varies according to different banks and currencies, for Singapore DBS/POSB bank the withdrawal fee is free, but for Non-DBS/POSB bank diffenrent currencies will have different withdrawal fees, same as Non-Singapore Bank.

More info can be found via https://www.itiger.com/sg/help/detail/funds-withdrawal

Receiving Bank		Currency	Withdrawal Bank Fee	Deposit Time
Singapore Bank	DBS/POSB	SGD	❌	1-3 business days
		USD
		HKD
		NZD
		AUD
		EUR
	Non-DBS/POSB	SGD	SGD 0 - 20
		USD	USD 25 + Intermediate Bank Fees
		HKD	HKD 200 + Intermediate Bank Fees
		NZD	NZD 35 + Intermediate Bank Fees
		AUD	AUD 35 + Intermediate Bank Fees
		EUR	EUR 25 + Intermediate Bank Fees
Non-Singapore Bank	Any Bank	SGD	SGD 35 + Intermediate Bank Fees
		USD	USD 25 + Intermediate Bank Fees
		HKD	HKD 200 + Intermediate Bank Fees
		NZD	NZD 35 + Intermediate Bank Fees
		AUD	AUD 35 + Intermediate Bank Fees
		EUR	EUR 25 + Intermediate Bank Fees