Tiger Brokers is a trading platform founded in 2014 that has quickly gained popularity and is listed on NASDAQ as TIGR. It offers a single “Prime” account that lets investors access assets like securities, ETFs, futures, options, funds, and more on global markets such as the Hong Kong Stock Exchange, New York Stock Exchange, and NASDAQ. Tiger Brokers has its own proprietary platform called Tiger Trade, which has an intuitive desktop interface and a cutting-edge mobile app compatible with Android and iOS. It is considered different from other trading platforms and has more than a million users worldwide.

Tiger Pros & Cons

Who Is Tiger Brokers Recommended For?

Tiger Brokers may be recommended for active traders who are looking for a broker with a single, integrated account that offers access to a wide range of global markets and products, including securities, ETFs, futures, options, funds, and more. The broker’s cutting-edge technology, such as its proprietary Tiger Trade platform, may appeal to tech-savvy traders who are interested in analyzing and trading in the market using advanced features. Additionally, the broker’s competitive pricing and low fees may be attractive to traders who are looking to minimize their costs.

Top Tiger Brokers Features

• Fast and Seamless Online Account Opening: Tiger Brokers offers a fast and seamless online account opening process. The broker uses AI to link with its country’s government’s MyInfo feature to quickly verify users’ identities, documents, and signatures. Users can complete the process via mobile by scanning applicable QR codes and uploading documents right from their phones.
• Competitive Low Brokerage Charges: Tiger Brokers has some of the most competitive fees in the global markets. The broker’s commission fees are among the lowest, and it offers complete fee breakdowns on its website to avoid hidden charges.
• Fantastic Mobile Trading App: The Tiger Trade mobile app allows users to conduct trades on the go. The app is compatible with Android and iOS and offers advanced charting tools, one-click IPO services, and an interactive investment community to hone trade skills.
• Superior Charting Software: Tiger Brokers’ charting software is intuitive and lets users monitor the markets with a few clicks. The software provides real-time data, customizable dashboards, and the ability to compare two counters within the same chart, all via mobile.
• Free Investment Tools: Tiger Brokers offers complementary investment tools like technical analysis indicators, customizable watchlists, financial data calendars, price-line chart comparisons, top advancers and decliners lists, and a Tiger Chaos Timing Index to help clients with their investments.
• Global Market Access: Tiger Brokers offers access to global markets like the Hong Kong Stock Exchange, New York Stock Exchange, NASDAQ, Singapore Exchange, Australian Stock Exchange, and A-shares through the Shanghai Hong-Kong and Shenzhen-Hong Kong Stock Connect trade programs.
• Single Integrated Account: Tiger Brokers has one integrated account, the Prime account, which allows investors to access assets like securities, ETFs, futures, options, and funds, all on global markets.
• NASDAQ Listing: Tiger Brokers is listed on NASDAQ as TIGR, which adds to its credibility and trustworthiness.
• Multilingual Support: Tiger Brokers provides multilingual support to its users, including English, Chinese, and Korean, which makes it more accessible to international clients.
• Strong Security Measures: Tiger Brokers prioritizes security and uses SSL encryption, two-factor authentication, and biometric verification to protect its users’ data and transactions.
  
  

Tiger Brokers Account Types

Tiger Brokers offers one integrated account type known as the “Tiger Prime” account. This account provides access to multiple asset classes, including securities, ETFs, futures, options, funds, and more, on global markets such as the Hong Kong Stock Exchange, New York Stock Exchange, NASDAQ, Singapore Exchange, Australian Stock Exchange, and A-shares through the Shanghai Hong-Kong and Shenzhen-Hong Kong Stock Connect trade programs. The account can be opened online quickly and easily via desktop or mobile, and it offers low commission fees with transparent breakdowns on the website.

• Account Currencies: The Prime account can be opened in various currencies, including USD, HKD, SGD, AUD, and CNH.
• Available Leverage: Depending on the type of trade, the available leverage can be up to 4x for day trades and up to 2x for trades held overnight.
• Minimum Deposit: There is no minimum deposit required to open a Prime account with Tiger Brokers.
• Starting Spreads: The starting spreads for trading various assets can range from 0.03% to 0.5%, depending on the specific instrument being traded.
• Commission Per Trade: The commission charged per trade varies depending on the asset being traded. Tiger Brokers is transparent about their commission fees and provides a complete breakdown of fees on their website.
• Decimal Pricing: Tiger Brokers offers decimal pricing with up to 3-5 decimal places, which allows for more precision in trading.
• Trading Instruments: The Prime account allows traders to access a variety of instruments, including equities, options, futures, and funds. This account also provides access to markets such as the Hong Kong Stock Exchange, New York Stock Exchange, NASDAQ, Singapore Exchange, Australian Stock Exchange, and A-shares through the Shanghai Hong-Kong and Shenzhen-Hong Kong Stock Connect trade programs.
• Min. Lot Size Per Trade: The minimum lot size per trade is 1 lot, which allows for more flexibility when it comes to position sizing.
• Max Lot Size Per Trade: The maximum lot size per trade depends on the specific contract being traded.
• Demo Account: Tiger Brokers provides a demo account for users who want to test out the platform before committing to a live trading account.
• Swap/Rollover Free: Tiger Brokers does not offer swap/rollover-free accounts.
• Copy Trading Support: Tiger Brokers does not currently offer copy trading support.
  
  

Regulation and Security 

Tiger Brokers is regulated by several reputable financial authorities, including the Securities and Futures Commission of Hong Kong (SFC), the Monetary Authority of Singapore (MAS), and the Australian Securities and Investments Commission (ASIC). These regulatory bodies ensure that the broker complies with strict standards of financial stability, transparency, and security.

Tiger Brokers also takes security seriously, implementing multiple measures to protect its users’ personal and financial information. These include secure socket layer (SSL) encryption technology, two-factor authentication, and regular security updates and patches to its software.

In addition, Tiger Brokers maintains client funds in separate accounts from its operational funds, ensuring that users’ funds are protected in the unlikely event of the broker’s insolvency. The broker also has a comprehensive insurance policy to protect against errors and omissions, fraud, and other risks.

Conclusion on Tiger Brokers

Tiger Brokers is an innovative and forward-thinking broker that provides a seamless and modern trading experience for its users. The broker offers a range of global markets, low fees, and a fantastic mobile trading app with advanced charting software. Additionally, the fast and seamless account opening process is a standout feature, with the use of AI technology providing a thorough and secure verification process.

Furthermore, Tiger Brokers is regulated and secure, with multiple layers of protection for client funds. However, it’s worth noting that the lack of a swap/rollover-free account and copy trading support may not be ideal for some traders.

Overall, if you’re looking for a modern and competitive broker with a focus on technology and low fees, Tiger Brokers is definitely worth considering.