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Anonymous
I am new to active investing and would like to know if tiger, or any other broker, let's be buy like a robo or if I have to buy in lots.
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Nicholas Beh
20 Mar 2021
Student Ambassador 2020/21 at Seedly
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Chris
20 Mar 2021
Owner and Writer at Tortoisemoney.com
Not too sure about other brokers, but Interactive Brokers has this feature. That being said, I feel like this is a pretty minor feature and most of the time I don't use it anyways haha. So if you're choosing a broker for the first time, there are other features I would likely prioritise. You can check out my article here comparing some brokers available if you're interested in find out more!
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The feature you are looking for is fractional shares.
Unfortunately, Tiger does not support fractional shares, although they previously announced that they would launch it in Sep 2020. Haven't heard anything since then.
The only broker in SG that supports fractional shares is Interactive Brokers. However, they charge a monthly minimum commission of 10 USD if your total assets held with them is less than 100k USD, which is incredibly off-putting for smaller investors.