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Tiger Brokers Trading App Review (Free Apple share worth ~USD148 as welcome gift)

Sign up now and get an Apple share (~worth USD148) for FREE once you make a first deposit of SGD2,000.


[Promotion has been extended to 30th November 2021, and the sign up steps (and links) below are still relevant, and still work if you follow through them.]


I know what you are thinking.


"Neh, confirm some scam or MLM. Where got free lunch in the world one?"

"Chey, I knew it. Have to "spend" SGD2,000 first to get the apple stock. Confirm is the money put in cannot come out one correct?"


Am I right? :D


If so, don’t worry and read on as I resolve these questions later on in this post.


Either way, as someone who is always on the lookout for a good lobang, I was super delighted when I came across this fantastic free Apple share promotion. And yes, this is the Apple that makes iPhones and iPads, just to ensure that we are on the same page haha.


Having signed up for it slightly less than three weeks ago, here is my personal review of Tiger Brokers thus far, and how to get the free Apple share worth ~USD148. Now don't say bojio arh!



Source: Tiger Brokers website

WHAT IS TIGER BROKERS?


Founded in 2014, Tiger Brokers is a leading online brokerage that first came to the shores of Singapore in 2020. Being one of the newest brokerage firms, Tiger Brokers is able to take advantage of next-generation technology to enable trading across a wide range of securities across multiple global markets and currencies, and at a low cost, to customers.


Tiger Brokers has offices in Singapore, New York, Beijing, Auckland, and Sydney and employs nearly 1000 people. The firm also presently holds brokerage licenses in Singapore, The U.S., New Zealand, and Australia. Tiger Brokers is also backed by a prestigious group of shareholders, including Interactive Brokers, Xiaomi, ZhenFund, and noted investor Jim Rogers. In March 2019, Tiger Brokers was listed on NASDAQ with the ticker TIGR.


With Tiger Brokers, you are now able to trade in 5 markets* across numerous different exchanges, including but not limited to the New York Stock Exchange (NYSE), Nasdaq Exchange (NASDAQ), Singapore Exchange (SGX), Hong Kong Exchanges and Clearing (HKEX), and the Australian Securities Exchange (ASX).


*United States, Singapore, Hong Kong, China, Australia



SO WITH REGARD TO THE TWO EARLIER QUESTIONS?


"Neh, confirm some scam or MLM. Where got free lunch in the world one?"


You would be happy to know that Tiger Brokers is not some scam or MLM, it is in fact listed on the United States' Nasdaq stock exchange, also the second biggest stock exchange in the world! Locally wise, Tiger Brokers also holds a Capital Markets Services Licence under the Securities and Futures Act (Cap.289) by the Monetary Authority of Singapore (MAS) to conduct regulated activities in Securities, Collective Investment Schemes and Exchange-traded Derivatives Contracts. TL'DR: Tiger Brokers is a legit company. They are listed on the second biggest stock exchange in the world and regulated by MAS here.


"Chey, I knew it. Have to "spend" SGD2,000 first to get the apple stock. Confirm is the money put in cannot come out one correct?"


As for the SGD2,000, it can be withdrawn anytime after you deposited it, for zero fees! Furthermore, you need not use it to do anything if you don't want to. You only need to do a single deposit of SGD2,000 to qualify for the free Apple share, and if you don't feel like doing any trading or investing afterwards, you can simply just withdraw the full sum of SGD2,000. It can't get any better than that. TL'DR: You put SGD2,000 in will qualify you for a free Apple share. Afterwards if you want, you can take out the SGD2,000 - you don't need to spend anything and no fees involved also.



FREE APPLE SHARE + 60 COMMISSION-FREE TRADES


To recap, Tiger Brokers, an online brokerage platform, is offering all new sign ups one free Apple share (~worth USD148 /~SGD200) upon a first deposit of SGD2,000 from now till 30th September 2021 (Thursday).


In addition, you also get the following:

  • 60 commission-free trades within 180 days for stocks traded in US, HK, Singapore, and Australia

  • 500 tiger coins which you can use to redeem gifts like stock vouchers within the Tiger brokers trading app


Note that if you have previously signed up for Tiger brokers, you would not be eligible for this giveaway. Note also that the SGD2,000 deposit must be made in one single first transfer to qualify for this limited offer. i.e. If you make the deposit of SGD 2,000 in 2 transfers or more, e.g. first deposit of SGD 100 followed by SGD 1,900, you will not be entitled to the free Apple share.


WHERE ARE MY SHARES OR DEPOSITS IN TIGER BROKERS HELD?


Source: Tiger Brokers website


From Tiger Brokers' website, it is stated that US and Hong Kong shares bought via Tiger Brokers are held by Interactive Brokers and Marsco Investment Corporation, while Singapore shares bought via Tiger Brokers are held by our DBS Bank.


All deposits and funds wise are held by our DBS Bank.



HOW TO DEPOSIT OR WITHDRAW FUNDS?