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Anonymous

15 Oct 2020

General Investing

Anyone used Tiger Broker?

Never trade before, want to avoid sitn of landing onto borrowing money from them and need pay interest.

-As long as I got sufficient cash, it will be deduct 100% of my money right?
-For US mkt, need to exchange to USD before trade or will auto convert during trade?
-Do you transfer SGD in and use Tiger to convert? Or how do you get USD in?

Discussion (5)

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Hi Anon,

I have used it for a small portion of my portfolio holdings and in addition, I do like their application interface and the info they provide. I am not leveraging and using a margin account with them, thus I will only be able to trade if I sufficiently fund my account beforehand.

Yes. You need to exchange to USD before you can trade products in US markets

I transfer my SGD into the account and convert into USD/HKD in the app itself.

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