I attended the Tiger Brokers 10th Year Anniversary event last week by invitation and was impressed by how much they’ve grown since they started their inception tapping into the Singapore market just barely a couple of years back.
During the event, the CEO, Ian Leong, showcased some of the product offerings they have successfully launched in the past. This includes the likes of Fund Mall, Boss Debit Card, and so on. One of the latest product they have recently launched is the Cash Boost Account, and this article will review and help you to summarize what is it about.
What is Cash Boost Account?
The Cash Boost account is a trading limit account created for users in Singapore.
It is essentially a Contra account (if you’ve been using the traditional brokerage in the past, you would understand what I meant by that) where stocks purchased on T+0 day can be sold...