Tiger Brokers celebrates one-year milestone in Singapore

With new user sign-ups doubling quarter-on-quarter, Tiger Brokers is offering a suite of rewards to thank clients for their continued support

Tiger Brokers Singapore marked the first anniversary of the launch of the Tiger Trade app locally in February. We are heartened to see our new user sign-ups climb more than 100 per cent quarter-on-quarter in 2020. Alongside the rise in downloads and new user sign-ups, we reported a 215 per cent increase in trading volume in the last quarter of 2020.

Our CEO Eng Thiam Choon is especially thrilled about hitting these milestones. "As the CEO of Tiger Brokers Singapore, I am glad to witness the exponential growth of Tiger Brokers here in Singapore ever since the launch of the Tiger Trade app a year ago," he says.

"We have established a strong local presence here in Singapore as we integrated into the fast-paced lifestyle of Singaporeans. There are more to come in the months ahead."

Indeed, the numbers tell us that the Tiger Trade app not only complements the local trading and financial services landscape, but it has also been well-received by novice and seasoned traders alike. And it is easy to see why. While we continue to lift our game to serve the local investing community, here is a refresher on our range of products and services.

Wide range of products across global exchanges and at competitive fees

An online and mobile brokerage firm operating with a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), we pride ourselves as a one-stop online and mobile brokerage service committed to serving Singaporeans and investors worldwide.

Through our innovative and comprehensive trading platform, we offer a wide range of trading opportunities - in terms of product range and geography - that suit your risk appetite.

Stocks, Futures, Exchanged Traded Funds, Real Estate Investment Trusts, Warrants, Callable Bull/Bear Contracts and even a Fund Mall - all these financial products are right at your fingertips. And that's not all. Another impressive feat that we have achieved is that we were able to launch Tiger Trade across multiple global stock exchanges in just one year. This allows our mobile and online trading app users to invest across multiple asset classes on six different stock exchanges.

This means we have the New York Stock Exchange, Nasdaq, Shanghai/Shenzhen Hong Kong Stock Connect, Hong Kong Stock Exchange, Singapore Exchange and Australian Securities Exchange all under one roof.

And the best part? You're getting access to fast-trade execution, coupled with competitive commission fees. Our commission rates are among the lowest across different global markets. For Singapore equities, we charge a commission of 0.08 per cent per trade and maintain transparency for other fees and additional charges. We make sure that there are no hidden costs for our clients.

Seamless, easy-to-use multi-asset mobile trading platform

One of the primary keys to our successful first year is our all-in-one multi-asset mobile trading platform specially designed to meet all your investing needs. With a seamless, easy-to-use interface, our mobile and desktop app enables fast and convenient account opening and presents an intuitive dashboard that gives you a bird's eye view - at one glance - across markets and your portfolio.

Our easy-to-read graphics and fully customisable indicators also allow novice and seasoned investors to monitor and analyse market movements in just a single click. And if that's not enough to help you make timely trading decisions, the Tiger Trade app also offers complimentary real-time stock quotes and 24/7 finance news updates to help you stay several steps ahead.

A secure trading system to protect your investments

At Tiger Brokers, we understand that establishing trust and confidence with our growing client base is essential to continue staying on top of our game. We implemented strong security measures such as strict segregation, monitoring and review of clients' assets.

To put it simply, we keep our capital and our clients' assets separate. Our clients' money and securities are in custody accounts, and thorough reconciliation is performed each trading day.

We perform due diligence on our counterparties and ensure that controls are in place for careful monitoring of our clients' funds and assets to give them peace of mind.

Because we want to do things right and protect our clients' interests, we comply with regulatory requirements and maintain capital adequacy ratios.

What's next for clients of Tiger Brokers Singapore

Whether you are a novice or seasoned trader, the Tiger Trade app is an easy-to-use tool that can help you to stay on top of your wealth journey. Download the app and start trading now. Photo: Tiger Brokers Singapore

Hitting this first major milestone is just the start for Tiger Brokers Singapore. We will continue to improve and give investors a better and more enhanced investing experience than what it is like today.

Besides providing access to more financial products through our platform, we also want to spearhead the change in how people view investing. We hope it can become an essential and easy-to-use tool that could help everyone - from young to old, people from all walks of life - to stay on top of his or her wealth journey.

To celebrate our first anniversary, we are offering a suite of referral rewards. Under this campaign, you and your referral can enjoy a registration reward of five commission-free trades, an account opening reward of a 10 per cent discount coupon for a Tesla share and a first deposit reward of a stock voucher worth up to $100. It doesn't end there, though - every time you invite three friends to open an account during the campaign period, you'll get a chance to scratch for a prize.

Access global markets and start taking control over your financial life by signing up with Tiger Brokers today.


This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers is not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and, under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

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