Is it okay to use two brokerage account? Tiger for SG stocks and Moomoo for US stocks?

Updated May 2022

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No issues with using multiple brokerage accounts if you are optimizing for fees. In fact, I recommend having multiple brokerage accounts in the event that some brokerages implement restrictions as seen using the week of GME short squeeze.

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If you are still looking to sign up for Moomoo or Tiger, do check out the referral rewards below!

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Moomoo ($40 cash coupon + potentially Tesla Share: up to $1300 with $2700 deposit)

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Tiger (1 Free Grab Share + $5 cash coupon + potentially Tesla Share: up to $1270 with $2000 deposit)

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(Update: With the Student promotion for Moomoo, you only need to deposit $1000 instead of $2700 to get your $240 reward!)

There is no problem in using multiple brokerages. If it makes sense to have two because of price / selection of stocks etc, then go ahead with it.

Obviously more accounts mean more management and less visibility on the overall stock portfolio. Other than that, there is no problem that I see with having two accounts.