Most recently, I was bombarded with Facebook ads from Tiger Brokers touting their low trading commission of
0.08% Singapore stocks as well as avid discussion in the
SeedlyCommunity about this new brokerage.
Naturally, I was intrigued by their competitive fees and wanted to explore if this is a viable option for investors in Singapore and our community.
As such here is an in-depth review of the brokerage.
TL;DR: Tiger Brokers Review
Chinese company
Tiger Brokers/UP Fintech and their
Tiger Trade platform is the latest competitor to enter Singapore’s competitive brokerage scene. Here are the pros and cons of using this brokerage.
Tiger Brokers Pros |
Tiger Brokers Cons |
Highly competitive fees |
Limited number of stock exchanges available |
Superb user interface and smooth signup process |
Platform still has translation issues and visual bugs |
Seamless compatibility over desktop and mobile |
Fund deposits are not processed over the weekend |
Wealth of stock data available for free |
Not as reputable as more established brokerages |
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