Tiger Brokers has been in Singapore for about a year but until very recently, I had no real impetus to sign up for an account.
One of the highlights of their previous welcome bundle was a 10% discount voucher on a Tesla stock. Honestly, it was mehhh……
Not only is Tesla’s current valuation “rich”, it is also a very volatile stock that easily moves 5% in a day. So if you are a bit unlucky and bought at a high, you could be not much better off with that discount voucher.
It seems like I was not the only one thinking this way because in an attempt to attract new clients, about two weeks ago, Tiger Brokers launched a very attractive promotion for new sign-ups.
Basically, a new customer only had to make an initial deposit of SGD 2,001 to qualify for a free Disney share that is easily worth USD180....