Have you ever wonder how safe is your investments held by these online brokers? Recently, I got questioned by a long time friend on whether it is wise to trade through such brokers as the stocks purchased were all held under the online brokers' nominee account. Most of these new age trading platforms have very little physical presence and assets in Singapore unlike the traditional brokerages which are affiliated with DBS Vickers), UOB (Kay Hian), OCBC and Maybank (Kim Eng) etc. With the exception of Saxo, which has an investment banking license in Singapore while the rest of them, in particularly, Tiger Brokers which just started operating in Singapore in March 2020. I had opened an account with Tiger Brokers earlier this year. Tiger Brokers is backed by US-based brokerage Interactive Brokers, Xiaomi and Wall Street investment guru Jim Rogers. So will be using Tiger Brokers for discussion.