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Anonymous
Can anyone assist me on how their buy and sell works? or are there hidden charges. My commissions were waived off for these two transactions so idk why it was a loss
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Nicholas Beh
05 Mar 2021
Student Ambassador 2020/21 at Seedly
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When you make a trade on US markets using Tiger Brokers, Tiger charges both commission (min 0.99 USD) and a platform fee (min 1 USD). When you use a commission-free voucher, only the commission is waived.
In my experience, they will charge both the commission and platform fee upfront, and then credit you the amount of commission paid at a later time. The cost of commissions and platform fees is probably factored into the calculation and hence your realized profit is negative.βββ