Tiger Brokers Singapore is a relatively new online brokerage firm that was launched in 2020. It is a subsidiary of Tiger Brokers, a leading online brokerage firm in China, and aims to provide investors in Singapore with a seamless and user-friendly platform to invest in global markets.
Here are some of the key features of Tiger Brokers Singapore:
- Commission-free trading: Tiger Brokers Singapore offers commission-free trading for US stocks, ETFs, and options. This means that investors can trade without worrying about high commission fees eating into their profits.
- Low minimum deposit: Unlike traditional brokerages that require a large minimum deposit to open an account, Tiger Brokers Singapore allows investors to start trading with as little as S$1,000.
- User-friendly platform: Tiger Brokers Singapore’s platform is designed to be user-friendly and easy to navigate, even for first-time investors. The platform is available on both desktop and mobile, and offers a wide range of research tools and market data to help investors make informed decisions.
- Access to global markets: Tiger Brokers Singapore allows investors to trade in over 20 global markets, including the US, China, and Hong Kong. This gives investors access to a wide range of investment opportunities and allows them to diversify their portfolios.
- Advanced trading tools: For more experienced traders, Tiger Brokers Singapore offers advanced trading tools such as margin trading and short selling. These tools allow traders to amplify their profits, but also come with higher risk.
In addition to these features, Tiger Brokers Singapore also offers a range of educational resources to help investors improve their knowledge and skills. These resources include webinars, tutorials, and market insights.
Overall, Tiger Brokers Singapore is a promising online brokerage firm that offers a range of features and tools to help investors trade in global markets. With its commission-free trading, low minimum deposit, and user-friendly platform, it is definitely worth considering for both new and experienced investors.