Ever since Heartland Boy started his investment journey in 2014, he has always felt that brokerage fees were high and cumbersome in Singapore. In recent years, he noticed the trend that brokerages have been reducing their brokerage fees. One of the most notable entrants into the Singapore brokerage scene this year is Tiger Brokers with its insanely low fees (Source: Business Times). Its parent company, UP Fintech Holdings Limited, is listed on the NASDAQ stock exchange. It counts InteractiveBrokers, Xiaomi and Jim Rogers as its key investors.
In Singapore, it holds a capital market services license from Monetary Authority of Singapore (‘MAS’). Clients are able to access the US, HKG and Singapore stock markets via its platform. Here is my review of Tiger Brokers’ Singapore brokerage platform.
