If you’re looking for a low-cost brokerage based in Asia, then two names often come to mind – Interactive Brokers (IBKR), which claims to be the largest electronic trading platform in the US by the number of daily average revenue trades; and Tiger Brokers – a Chinese brokerage firm strategically backed by Interactive Brokers to expand in the region.
Which is the better brokerage? It depends on many factors. Here is a quick run down on the most important differences between the two.