facebookDoes anyone know how tiger brokers' stock voucher work? - Seedly

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Anonymous

09 Apr 2021

General Investing

Does anyone know how tiger brokers' stock voucher work?

Can I buy and sell immediately to liquidate the cash voucher or can I only sell my stocks once the cash is rebated?

Discussion (2)

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KY

09 Apr 2021

Referrals at https://t.me/SGrefers

You can buy and sell immediately. One advice for you is to buy and sell singapore stocks since it’s currency is denominated in SGD (stock vouchers are also in SGD). Once you buy any stocks worth more than your stock voucher value, you can check on orders > filled and status will be seen as “rebating”

thefrugalstudent

09 Apr 2021

Founder at thefrugalstudent.com

Hi Anon,

I haven't used the stock voucher before, but from what I read from their website, it doesn't seem like you need to wait for the cash to be rebated since the rebate takes effect the moment the order is completed.

It may be best to check with them directly though.

All the best!

Regards,

thefrugalstudent

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