Has anyone heard of Tiger Brokers? Saw their advert and seems that their cost of US shares is pretty low, would like to hear what thoughts the community might have?

Tested is safe to use

Hi, in case anyone is looking for a referral code, you may use mine!

https://www.itiger.com/activity/forapp/invitati...

Code: 0XQLWD (only can enter on mobile app)

You will get same rewards as me too. Which are :
1) Upon registration: Free level 2 data for US/HK markets for 30 days
2)Upon account opening: Commission free trading for US/ HK for 30 days
3) Funding more than $2k: $30 stock voucher (need to deposit more than $2k on first deposit. Stock voucher means when u buy a stock, they refund u the amount. The more you deposit, the more the value, view website at https://www.tigerbrokers.com.sg/market/sg-invit...)

BENEFITS OVER OTHER PLATFORM:
1) Lowest commission for SG and other Markets: 0.08% without minimum for all markets
2) Free real time data (only on mobile app for SG, other markets desktop or mobile all ok)
3) No deposit/withdrawal fees
4) Probably the most beautiful platform i've seen
5) Supports multiple markets

Tiger brokers is from china. I think it is fair to say that people may be wary of this fact. Even listed companies like Luckin coffee have suffered scandals and large investor losses

We won't know if they will go the same way MF global did. You will have to trust that they properly separate customer accounts and audits are done by MAS diligently. Fair to say that if Tiger brokers becomes another MF global, the SG gov will surely take a lot of heat for not auditing properly.

My opinion? They are having lots of promo, as is for a new launch. Take advantage of the launch but don't put all your eggs in one basket. I still keep my majority holdings in Interactive brokers.

There are a lot of referral code you can use for the promotion at this post here https://seedly.sg/questions/anyone-has-a-tiger-...

Lastly, do your own due diligence, you will see a lot of account trying to promote their referral code everywhere on. Check their post history and make sure they are giving you an objective answer

Hi. They are one of the new stock brokers in town licensed by MAS where you can trade S.G., U.S., and H.K. shares. Their trading fee for U.S. shares starts at $1.99. Upon sign up, you get to enjoy 30 days commission free trading. Personally, I prefer their web trading platform which feels faster and more user-friendly compared to the mobile app.

They are licensed with MAS CMS license, backed by Xiaomi and also listed on Nasdaq. As such, I do think it would be fine to park some money and try trading with them.

Anw, they have also listed S.G. shares recently, where commission is chargeable at 0.08% commission with no minimum (custodian basis though).

You may also find out more about their current campaigns here!​​​