Tiger Brokers is a discount broker that has recently launched its services in Singapore. We shared in the previous article how Tiger Brokers enables you to start investing in stocks even when you have little capital.
I have been using Tiger Brokers and I like many of the things which they have provided me with. I would like to highlight some of the key differences which I did not experience with other brokers that I have used.
I could get an account approved in 6 mins instead of waiting for a week
Administrative processes are always a pain.
Just the thought of having to provide a lot of personal details to open a brokerage account is off putting and the process may discourage some people from doing it. I am quite sure this is why some investors rather stick to their existing accounts because switching accounts is a chore.