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Review

Tiger Brokers

Tiger Brokers (Singapore) Pte. Ltd. (subsidiary of UP Fintech Holding Limited, Nasdaq: TIGR)

A Nasdaq-listed multi-market app broker licensed in Singapore, Hong Kong and Australia, with a long product list and a regulatory record in mainland China that belongs in the decision.

Group index 78/100Protection depends on your legal entity
MASSFCASIC
Listed group · TIGR
  • Top-tier regulation
Website
Not verified

Data as of: 02 Nov 2026. This record was compiled by AI agents and has not yet been double-checked by a human. Please verify every figure against the broker's own fee schedule. Sources & data provenance

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Editorial score

No reviews yet — be the first.

Stocks (per order)
0.06 %
Minimum deposit
None
Founded
2014
Headquarters
Singapore, Singapore
Exchanges
n/a
Data as of
02 Nov 2026

Our verdict

Our verdict4.1

Tiger Brokers suits a self-directed investor in Singapore, Hong Kong, Australia or New Zealand who wants several stock markets, options and futures in one app at a moderate price. The case is strongest in Singapore: SGX shares cost 0.03% commission plus a 0.03% platform fee (minimums SGD 0.99 and SGD 1), the SGX custody fee is waived until further notice, there is no minimum deposit, and the Cash Boost Account links CDP, CPF and SRS holdings. US shares are not commission-free there: USD 0.005 per share commission plus USD 0.005 per share platform fee, with minimums of USD 0.99 and USD 1 per order and a USD 0.003 per share settlement fee on top. In Hong Kong, Tiger Brokers (HK) offers HK shares at HKD 0 commission to targeted participants for a limited time (standard 0.029%, as of 2 November 2026) plus a HKD 15 platform fee, and its clients can trade a short list of crypto assets under the SFC licence.

Two cautions belong in any decision. First, the regulatory record: in a statement reported on 3 January 2023, China's CSRC faulted the group for unlicensed cross-border business with mainland clients, and on 22 May 2026 its Beijing Bureau imposed penalties and confiscations of about RMB 411 million (about USD 59.7 million) on subsidiaries; UP Fintech says it accepts the penalty. Second, protection differs by entity: Hong Kong clients have the Investor Compensation Fund up to HKD 500,000 for Hong Kong exchange-traded products, Singapore clients' US shares sit with an affiliated FINRA/SIPC member, and the New Zealand company states that it is not licensed by a New Zealand regulator. We found no Tiger Brokers entity that takes clients in Europe.

Best for

  • Singapore investors using CDP, CPF or SRS
  • Multi-market stock and options traders in Asia-Pacific
  • Hong Kong residents who want stocks and crypto in one app
  • Futures traders on CME, HKEX and SGX

Less suitable for

  • Residents of Europe
  • Investors who want zero-commission US shares
  • Investors who weigh a clean regulatory record heavily
  • New Zealand clients who want a locally licensed broker

Pros & cons

Pros

7
  • At Tiger Brokers Singapore, one Tiger Trade account reaches US, Hong Kong, Singapore, China A-share (Stock Connect) and Australian stocks, plus US and HK options, futures, US Treasuries and over 1,500 funds
  • Low SGX pricing at Tiger Brokers Singapore: 0.03% commission plus a 0.03% platform fee (minimums SGD 0.99 and SGD 1), and the SGD 2 quarterly SGX custody fee is waived until further notice
  • Licensed group companies in Singapore (MAS), Hong Kong (SFC, CE BMU940) and Australia (ASIC, AFSL 300767) under a Nasdaq-listed parent (TIGR)
  • Singapore-specific features: the Cash Boost Account with CDP, CPF and SRS linkage, Singpass onboarding and no minimum deposit
  • Free US Level 2 data (NYSE ArcaBook) and a free demo account with USD 1 million in virtual funds
  • Auto-invest from USD 2 in US stocks and ETFs, HKD 500 in HK stocks and SGD 100 in SGX stocks, daily to monthly (SGX plans on the 1st and 15th of each month)
  • Hong Kong clients can trade BTC, ETH, SOL, AVAX and LINK as retail investors under the SFC licence, with on-chain deposits and withdrawals for BTC and ETH (USDT for professional investors only)

Cons

5
  • China's CSRC Beijing Bureau imposed penalties and confiscations of about RMB 411 million (about USD 59.7 million) on group subsidiaries on 22 May 2026, after an earlier CSRC finding of unlicensed cross-border business reported in January 2023
  • US shares are not commission-free in Singapore: USD 0.005 per share commission plus USD 0.005 per share platform fee (minimums USD 0.99 and USD 1 per order) plus a USD 0.003 per share settlement fee
  • The New Zealand company is registered as a client money and property service provider but states that it is not licensed by a New Zealand regulator
  • Prices, products and protection differ by entity, and some advertised prices (the HK commissions for targeted participants, the US option coupon plan) are time-limited promotions or need activation
  • Moving holdings out of Tiger Brokers (HK) costs USD 150 per US stock and HKD 500 per Hong Kong stock, and neither the Singapore nor the Hong Kong pages we read state what currency conversion costs

Rating breakdown

How this score is built

Overall score

Weighted mean of ten criteria

Ten criteria, fixed weights, no commission logic. The overall score is the weighted mean of the sub-scores below.

See the full methodology
  • Fees22%
    4.0

    Commissions, spreads, FX markups, custody and inactivity fees — weighted against realistic trading profiles.

  • Safety & regulation20%
    3.9

    Quality of regulation, investor compensation, public listing, segregation of client funds and track record.

  • Trading platform14%
    4.3

    Feature depth, order types, charting, stability and usability of the desktop and web platforms.

  • Product range10%
    4.3

    Breadth of asset classes, markets, exchanges and individual instruments.

  • Mobile app8%
    4.4

    Completeness and quality of the mobile app relative to the desktop experience.

  • Research7%
    4.0

    Market analysis, screeners, news, price targets and data quality.

  • Customer support7%
    3.6

    Availability, response time, language coverage and competence of customer support.

  • Deposit & withdrawal5%
    4.0

    Available payment methods, fees, processing times and base currencies.

  • Account opening4%
    4.3

    Duration, digital onboarding quality and friction of the account opening process.

  • Education3%
    3.6

    Learning material, webinars, demo account quality and beginner suitability.

Fee overview

Fees compared

Lower is cheaper. Each bar runs from 0 to the highest recorded value; the vertical line marks the median.

Reference order EUR 5,000
€3.00above the median

Median €2.75 across 52 brokers with a comparable value · Range €0.00 to €25.00

Indicative cost of a single EUR 5,000 stock order under the published pricing model — excluding spread and FX markup.

Commission-free stock orders count as zero. Left out are spread-only, tiered and subscription pricing, share CFDs (their commission excludes spread and financing), products a broker does not offer and fees with no recorded amount.

Fee overview — Tiger Brokers
ItemRateDetail
Trading costs
Stocks (per order)0.06 %Minimum: SGD 1.99 — SGX shares, ETFs and REITs at Tiger Brokers Singapore: 0.03% commission (minimum SGD 0.99) plus a 0.03% platform fee (minimum SGD 1), so at least SGD 1.99 per order, plus the SGX trading fee of 0.0075% and clearing fee of 0.0325%, and 9% Singapore GST on the fees. Hong Kong shares at Tiger Brokers Singapore cost 0.03% commission (minimum HKD 7) plus 0.03% platform fee (minimum HKD 8). Tiger Brokers (HK) charges a special HKD 0 commission (a limited-time offer for targeted participants, checked 02.11.2026; standard 0.029%) plus a fixed HKD 15 platform fee per order on Hong Kong shares.
US stocksUS$0.01/shareMinimum: US$1.99 — Tiger Brokers Singapore: USD 0.005 per share commission (minimum USD 0.99 per order) plus USD 0.005 per share platform fee (minimum USD 1 per order), each capped at 0.5% of trade value, plus a USD 0.003 per share settlement fee (capped at 0.5%), SEC and CAT fees and 9% GST. Fractional trades below 1 share pay only a 1% platform fee, capped at USD 1. Tiger Brokers (HK): USD 0.0049 per share (minimum USD 0.99) plus USD 0.005 per share platform fee (minimum USD 1). Tiger Fintech (NZ): USD 2 flat for up to 200 shares, then USD 0.01 per share or 1% of trade value, whichever is less.
ETFs0.06 %Minimum: SGD 1.99 — SGX-listed ETFs are priced like SGX shares: 0.03% commission (minimum SGD 0.99) plus 0.03% platform fee (minimum SGD 1), plus SGX fees and GST. US-listed ETFs follow the US share schedule (USD 0.005 plus USD 0.005 per share, minimums USD 0.99 and USD 1). The fund's expense ratio still applies.
Options (per contract)US$0.65Per US option contract at Tiger Brokers Singapore under the Ultra-low plan: USD 0.35 commission plus USD 0.30 platform fee, no minimum; the plan has to be activated as a coupon in the Reward Center, otherwise the regular plan applies (minimum USD 1.99 commission plus USD 1 platform fee per order). A tiered plan runs from USD 0.80 down to USD 0 per contract by monthly volume plus USD 0.30 platform fee. Pass-through: ORF USD 0.012, OCC USD 0.025 and CAT USD 0.0003 per contract plus exchange fees. Tiger Brokers (HK): special USD 0 commission (a limited-time offer for targeted participants, checked 02.11.2026; standard USD 0.65 per contract, minimum USD 0.99) plus USD 0.30 per contract platform fee (minimum USD 0.99). Hong Kong stock options: 0.2% commission (minimum HKD 3) plus HKD 15 platform fee per order.
Futures (per contract)US$2.99Tiger Brokers Singapore, per E-mini contract (ES, NQ, YM, RTY) per side: USD 1.99 commission plus USD 1 platform fee, before the USD 1.38 exchange fee and USD 0.01 regulatory fee, plus 9% GST. Micro E-minis: USD 0 commission plus USD 1 platform fee. Hang Seng Index futures: HKD 8 commission plus HKD 7 platform fee. Tiger Brokers (HK) charges USD 2.99 commission plus USD 1 platform fee on ES.
EUR/USD spreadn/aNot recorded in our dataset.
CFD index spread (points)n/aNot recorded in our dataset.
Crypto0.05 %Spot crypto is documented only for Tiger Brokers (HK) on the pages we read: USD 0 commission, USD 0 platform fee and a 0.05% handling fee on the trade value. Tiger Fintech (NZ) lists a virtual-asset commission of 0.1% of trade value without stating the product form. For Tiger Brokers Singapore we found CME Bitcoin and Ether futures but no spot crypto, and for Australia we found no crypto offer.
Bonds0.12 %Minimum: US$5.80 — US Treasuries at Tiger Brokers Singapore: 0.08% of face value commission plus a 0.04% platform fee (minimum USD 5, maximum USD 15 per order). The USD 5 minimum applies to the platform fee only; the 0.08% commission is added on top, so the smallest order (10 bonds, USD 1,000 face value) costs USD 5.80. A custody fee of 0.08% a year on the holding value is charged monthly. Minimum 10 bonds of USD 100 face value per transaction. Transferring Treasuries out costs USD 1,000 or 1% of holding value, whichever is greater.
FundsFreeNo buy or sell sales charge and no platform fee on stock, hybrid and bond funds in Tiger Brokers Singapore's Fund Mall (more than 1,500 funds). Fund management fees inside the fund still apply.
Overnight financingn/aNot recorded in our dataset.
Account & transaction costs
FX conversionn/aNot recorded in our dataset.
Inactivity feen/aNot recorded in our dataset.
Custody feen/aTiger Brokers Singapore waives the SGX custody fee of SGD 2 per quarter (SGD 2.18 including GST) for all accounts until further notice. US Treasuries carry a custody fee of 0.08% a year. Hong Kong, Australian and New Zealand custody terms were not checked.
Withdrawal feefreeTiger Brokers Singapore does not charge for withdrawals. SGD to a Singapore bank by FAST (up to SGD 200,000) is free; MEPS costs a bank fee of about SGD 5; telegraphic transfers cost bank fees of about SGD 35, USD 25 or HKD 200 plus intermediary and receiving bank charges. HKD to a Hong Kong bank by FPS is free.
Deposit feefreeNeither Tiger Brokers Singapore nor its receiving bank DBS charges for deposits; sending and intermediary banks may (approximately HKD 200, USD 25, AUD 25 or EUR 25 for non-SGD transfers from Singapore banks). Deposits from third-party or joint accounts are refunded, and banks may charge up to USD 100 for the refund.
Minimum depositSGD 0
Other fees & incidental costs
Minimum depositNone at Tiger Brokers Singapore, whose auto-invest page states that no minimum deposit is required; the Hong Kong, Australian and New Zealand pages we read do not mention a minimum deposit
Singapore GST9% Goods and Services Tax is added to Tiger Brokers Singapore's commissions, platform fees and other fees since 1 January 2024
Fractional US sharesTrades below 1 share: no commission, platform fee of 1% of trade value capped at USD 1; trades of 1 share or more pay the standard US schedule
Outgoing stock transfer (Hong Kong entity)USD 150 per US stock and HKD 500 per Hong Kong stock at Tiger Brokers (HK); incoming transfers are free
Dormant account (Singapore)An account without deposits, withdrawals or trades for 36 months becomes dormant and is suspended until reactivated; the help page names no fee for this
Account fees (Australia)Tiger Brokers Australia advertises '$0 subscription and inactive fees'; we found no equivalent statement for the Singapore, Hong Kong or New Zealand entities
Currency conversionConverted in the app at a real-time rate, up to USD 1,000,000 equivalent per order; Tiger Brokers Singapore's help page does not mention a markup or fee, so the conversion cost is unknown and not recorded. Tiger Brokers Australia lists an FX commission of 55 pips per AUD/USD conversion
Margin interestPublished per currency on the financing-rates pages, which load the rates only in the browser; not readable for this analysis
Crypto deposit refund (Hong Kong entity)Crypto deposits are free; withdrawals cost 0.0001 BTC, 0.0009 ETH or 3 USDT, and refunding a failed deposit costs 0.0002 BTC, 0.0018 ETH or 6 USDT

An empty field means we found no reliable figure. We do not fill those gaps with estimates. See the full methodology

Tiger Brokers

Investing involves risk. Your capital is at risk.

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Savings plans and interest

What the provider itself states about savings plans and interest on uninvested cash, per market, with source and date checked. “Not documented” means it is not stated where we looked – it does not mean “no”.

Savings plan

offered (documented)

Singapore · Tiger Brokers (Singapore) Pte. Ltd.

Investments
Shares and ETFs
Cost per ETF execution
standard commissions, no plan price of its own
Cost per share execution
standard commissions, no plan price of its own
Minimum amount
US$2
Intervals stated
daily, weekly, every two weeks or monthly

Singapore: auto-invest in selected US, Hong Kong and SGX stocks and ETFs. Minimum USD 2 (US), HKD 500 (Hong Kong) or SGD 100 (Singapore); daily, weekly, fortnightly or monthly, with SGX plans on the 1st and 15th of each month. No plan fee; orders follow the standard schedule, and US purchases below 1 share pay 1% of the amount, capped at USD 1. SGX auto-invest per the price list: SGD 0 commission plus a 0.03% platform fee (minimum SGD 1.00).

Interest on cash

interest documented

Singapore · Tiger Brokers (Singapore) Pte. Ltd.

  • money market fund yield, not a deposit rate

Tiger Vault in Singapore: access to T+0 USD and SGD money market funds from external managers, from USD 1 or SGD 1, with no Tiger subscription or redemption fee. An optional auto-sweep invests idle cash daily; up to 99% of the balance counts as buying power. Holdings are fund units, not deposits; returns are not guaranteed, and the help page does not state a rate.

Crypto: coins, wallet, licence

What the provider's sources state per market: whether you buy real coins or only a derivative on the price, whether coins can be sent to a wallet of your own, how many coins there are and which crypto licence applies. Every value with its source and date; “not documented” does not mean “no”.

Type of provider

Broker with crypto alongside other investments

Offering

Broker, real coins

Hong Kong SAR China · Tiger Brokers (HK) Global Limited (SFC CE BMU940)

Offering
real coins and futures
Send coins to your own wallet
only for certain coins
Receive coins from your own wallet
only for certain coins
Real coins on offer
18 or more coins
Crypto licence
other authorisation: Tiger Brokers (HK) Global Limited (Securities and Futures Commission (Hong Kong))

According to Tiger Brokers (HK), orders are executed through Hash Blockchain Limited (BPL992), an SFC-licensed virtual asset trading platform. Retail clients can trade 5 coins (BTC, ETH, SOL, AVAX, LINK); the page lists 18 for professional investors and speaks of 20 virtual assets in total. Fees: USD 0 commission, USD 0 platform fee, 0.05% handling fee. On-chain deposits and withdrawals for BTC, ETH and USDT (USDT for professional investors only); minimum purchase from USD 10. The virtual-assets page FAQ still describes deposits and withdrawals as planned; the help page documents them with fees. CME Bitcoin and Ether futures are also offered.

Singapore · Tiger Brokers (Singapore) Pte. Ltd.

Offering
futures

Tiger Brokers Singapore lists CME Bitcoin (BTC, MBT) and Ether (ETH, METH) futures; per contract USD 18.99 commission on BTC and USD 1.99 on MBT, plus a USD 1 platform fee and exchange fees. We found no spot crypto offer on the Singapore pages we read.

Safety & regulation

Group index

78out of 100

The group index summarises recorded licences and company characteristics on a 0–100 scale. It uses the group's strongest licence among other inputs; that licence may not cover your account. It does not assess the protection provided by your particular legal entity. Check that entity's licence and compensation arrangements below.

Structural safeguards

Publicly listedTIGRYes
Banking licenceNo
Segregated client moneyYes
Negative balance protectionNo
Audited financial statementsYes
Founded2014

Licences & legal entities

  • MAS

    Monetary Authority of Singapore

    Top-tier regulation
    Local regulator
    Singapore
    Legal entity
    Tiger Brokers (Singapore) Pte. Ltd. (UEN 201810449W)
    Licence number
    n/a
    Investor protectionUS$500,000

    SIPC (US securities only, via the affiliated clearing firm TradeUP Securities, Inc.)

    Checked 02.11.2026: Tiger Brokers Singapore states that US securities are protected up to USD 500,000 by SIPC. US trades are cleared by the affiliate TradeUP Securities, Inc. (SEC 8-36754, FINRA CRD 18483, SIPC member) and held at DTC. SIPC covers the failure of the US member firm, not market losses.

  • SFC

    Securities and Futures Commission

    Top-tier regulation
    Local regulator
    Hong Kong SAR China
    Legal entity
    Tiger Brokers (HK) Global Limited
    Licence number
    CE BMU940 (types 1, 2, 4, 5 and 9)
    Investor protectionHK$500,000

    Investor Compensation Fund (Hong Kong)

    Per Tiger Brokers (HK), checked 02.11.2026: the fund compensates investors of any nationality up to HKD 500,000 per person for pecuniary losses from a licensed intermediary's default in relation to exchange-traded products in Hong Kong. It does not cover market losses.

  • ASIC

    Australian Securities and Investments Commission

    Top-tier regulation
    Local regulator
    Australia
    Legal entity
    Tiger Brokers (AU) Pty Limited (ABN 12 007 268 386)
    Licence number
    AFSL 300767
    Investor protectionA$150,000

    CSLR (Compensation Scheme of Last Resort)

    Tiger Brokers Australia states that the CSLR is supported (checked 02.11.2026). The scheme compensates eligible investors up to AUD 150,000 for unpaid AFCA determinations; it is not cover against market losses.

Recorded regulatory actions

  • 2022 · CSRC

    China's securities regulator stated that UP Fintech had conducted cross-border securities business with mainland Chinese investors without regulatory approval and barred it from soliciting new mainland clients; existing clients could keep trading, but unlawful inflows of new funds were prohibited (reported by finews.asia on 3 January 2023). UP Fintech says it fully stopped opening accounts for mainland residents in 2023.

  • 2026 · CSRC (Beijing Bureau)US$59,700,000

    On 22 May 2026 the CSRC Beijing Bureau imposed administrative penalties and confiscated illegal gains totalling about RMB 411 million on certain UP Fintech subsidiaries for unlicensed cross-border securities business and illegal fund and futures activities in mainland China. UP Fintech says it accepts the penalty and that mainland clients held about 10% of the group's client assets at the end of March 2026.

Regulation and investor compensation reduce risk, they do not remove it. No broker is guaranteed safe.

Markets & products

10 of 14 asset classes tradableExchanges: n/a
  • StocksAvailable
  • ETFsAvailable
  • OptionsAvailable
  • FuturesAvailable
  • ForexNot available
  • CFDsNot available
  • CryptoAvailable
  • BondsAvailable
  • FundsAvailable
  • CommoditiesAvailable
  • IndicesAvailable
  • WarrantsAvailable
  • Spread bettingNot available
  • Social tradingNot available

Platforms

  • Tiger Trade app

    Mobile

    Usability

    4.4

    iOS and Android. Multi-market trading, real-time quotes and Level 2 data, options strategies with up to four legs, the TigerAI assistant, a community feed and a demo account with USD 1 million in virtual funds.

  • Tiger Trade desktop

    Desktop

    Usability

    4.3

    Windows and macOS 10.15 or later. A highly customisable interface for fundamental and technical analysis, according to the provider.

  • Tiger Open Platform (API)

    API

    Usability

    n/a

    n/a

    Programmatic trading interface for individual developers and institutions, with free API access according to developer.tigerbrokers.com.sg. Not rated here.

Account & funding

Deposit & withdrawal

Minimum deposit
SGD 0
Deposit time
Singapore: SGD by DDA from DBS/POSB in about 5 minutes; SGD by FAST from 15 minutes during business hours; other currencies 1–2 business days; from banks outside Singapore 1–3 business days
Withdrawal time
Singapore: review of 1–2 business days, then 1–3 business days by FAST, MEPS, FPS or telegraphic transfer
Free withdrawals per month
n/a
Account opening
Fully online in the Tiger Trade app or on the website; Singpass in Singapore (accounts opened within 1–3 business days); in Hong Kong the initial deposit must come from a Hong Kong licensed bank account for verification

At a glance

Demo account
Yes
Fractional shares
Yes
Retail leverage
1:4
Professional leverage
n/a
Withholding tax agent
No withholding agent role recorded

Tiger Brokers Singapore's margin account allows up to 4x leverage and short selling (age 21 or over, in full-time work, self-employed or retired); futures and options that need financing require a margin account. The Cash Boost Account lets Singapore users buy beyond their available funds through contra trading. We found no CFDs or spot forex trading.

Payment methods

Bank transferWise

Account currencies

SGDUSDHKDAUDEUR

Account types

  • Cash account (Singapore)SGD 0

    From age 18; no margin, no short selling, no futures

  • Margin account (Singapore)n/a

    Up to 4x leverage and short selling; age 21 or over and in full-time work or retired

  • Cash Boost Account (Singapore)n/a

    Contra trading with a trading limit of at least SGD 20,000, plus CPF, SRS and CDP linkage

  • Demo accountn/a

    Free, with USD 1 million in virtual funds for stocks and options

  • Virtual asset account (Hong Kong)n/a

    Spot BTC, ETH, SOL, AVAX and LINK for retail clients, 0.05% handling fee

Customer support

Languages

EnglishChinese

Channels

PhoneEmailLive chatWhatsApp

Availability

Singapore: phone weekdays 08:30–18:30 SGT, online chat and WhatsApp weekdays 08:30 to 05:00 the next day. Hong Kong: phone weekdays 09:30–18:30 HKT, online chat weekdays 09:30 to 05:00 the next day

Phone number
+65 6331 2277
Service rating
3.6

Full review: Tiger Brokers

This review is based on official pricing schedules, legal documents and other available sources. It does not claim that we opened an account with this broker or tested it in practice.

Fees and what they cost in practice

Tiger Brokers has no single price list: each group company publishes its own. All figures are as of 2 November 2026; promotions and waivers can end at any time. The Singapore figures below exclude the 9% Singapore GST that Tiger Brokers Singapore adds to its fees.

Singapore (Tiger Brokers (Singapore) Pte. Ltd., standard account):

  • SGX shares, ETFs and REITs: 0.03% commission (minimum SGD 0.99) plus a 0.03% platform fee (minimum SGD 1), so at least SGD 1.99 per order, before the SGX trading fee of 0.0075% and clearing fee of 0.0325%.
  • US shares and ETFs: USD 0.005 per share commission (minimum USD 0.99) plus USD 0.005 per share platform fee (minimum USD 1), each capped at 0.5% of trade value, plus a USD 0.003 per share settlement fee. A 100-share order therefore costs USD 2.29 before SEC and CAT fees. Fractional trades below 1 share pay only a 1% platform fee, capped at USD 1.
  • Hong Kong shares: 0.03% commission (minimum HKD 7) plus 0.03% platform fee (minimum HKD 8), before the 0.1% stamp duty and exchange levies.
  • US options: USD 0.65 per contract under the Ultra-low plan, which has to be activated as a coupon; otherwise the regular plan applies with a minimum of USD 2.99 per order.
  • Futures: USD 1.99 commission plus USD 1 platform fee per E-mini contract per side, before exchange and regulatory fees.
  • US Treasuries: 0.08% of face value plus a 0.04% platform fee (minimum USD 5, maximum USD 15), and a custody fee of 0.08% a year.
  • Fund Mall: no sales charge and no platform fee.

Hong Kong (Tiger Brokers (HK) Global Limited): HK shares at a special HKD 0 commission for targeted participants for a limited time (standard 0.029%) plus a fixed HKD 15 platform fee per order; US shares at USD 0.0049 per share (minimum USD 0.99) plus USD 0.005 per share platform fee (minimum USD 1); US options at a special USD 0 commission, again for targeted participants for a limited time (standard USD 0.65 per contract), plus USD 0.30 per contract platform fee (minimum USD 0.99). Transferring stock out costs USD 150 per US stock and HKD 500 per HK stock.

New Zealand and Australia: Tiger Fintech (NZ) charges a USD 2 flat fee for up to 200 US shares. Tiger Brokers Australia's comparison table (last reviewed 17 February 2025) shows USD 2.02 in standard fees for a USD 1,000 US share purchase.

Free in Singapore: deposits and withdrawals on Tiger's side, the SGX custody fee (waived until further notice) and Fund Mall subscriptions. Not readable for us: the margin interest rates, which load only in the browser, and any FX markup, which the Singapore help page does not state.

Safety and regulation

Tiger Brokers is a brand, and the company that holds your account depends on where you live. All of them belong to UP Fintech Holding Limited, listed on Nasdaq as TIGR since March 2019, which reported 1,282,800 funded accounts and USD 58.9 billion in client assets at the end of March 2026.

  • Singapore: Tiger Brokers (Singapore) Pte. Ltd. (UEN 201810449W) holds a Capital Markets Services licence from the Monetary Authority of Singapore and is a trading and clearing member of SGX Group. It states that it is authorised to operate only in Singapore. Client money and assets sit in segregated trust and custodian accounts, and DBS Bank is the custodian bank for client funds. US trades are cleared by the affiliate TradeUP Securities, Inc. (FINRA CRD 18483) and held at DTC, which is why the site cites SIPC cover of up to USD 500,000 for US securities. SGX shares sit in a sub-account of Tiger's nominee account at CDP.
  • Hong Kong: Tiger Brokers (HK) Global Limited (CE BMU940) has held SFC licences for types 1 and 2 since 11 July 2018, types 4 and 5 since 24 August 2022 and type 9 since 26 March 2024. The SFC register lists no public disciplinary action. Hong Kong's Investor Compensation Fund covers up to HKD 500,000 per investor for Hong Kong exchange-traded products.
  • Australia: Tiger Brokers (AU) Pty Limited holds AFSL 300767 from ASIC, sponsors ASX holdings in CHESS, keeps client money in segregated trust accounts and points to the Compensation Scheme of Last Resort, which pays up to AUD 150,000 on unpaid AFCA determinations.
  • New Zealand: Tiger Fintech (NZ) Limited and Tiger Brokers (NZ) Limited are registered client money and property service providers. Both state that they are not licensed by a New Zealand regulator for that service.

The record that belongs in any safety assessment: in a statement reported on 3 January 2023, China's CSRC said UP Fintech had run cross-border securities business for mainland investors without approval and barred it from taking new mainland clients. On 22 May 2026 the CSRC Beijing Bureau imposed penalties and confiscated gains of about RMB 411 million (about USD 59.7 million) on subsidiaries for unlicensed cross-border securities business and illegal fund and futures activity in mainland China. UP Fintech says it accepts the penalty, stopped opening accounts for mainland residents in 2023, and that mainland clients held about 10% of client assets. None of this makes any broker guaranteed safe; compensation schemes cover a broker's failure, not market losses.

Trading platforms

Everything runs through Tiger Trade, available as a mobile app for iOS and Android and as a desktop application for Windows and macOS (10.15 or later). The app carries real-time quotes, charting with more than 50 technical indicators according to the Hong Kong site, alerts on stock movements, a screener, a key-events calendar, a 24/7 news feed and a community feed where users share ideas. The Singapore site advertises 24/5 trading for more than 9,500 stocks and ETFs, and options trading supports strategies with up to four legs.

Market data is a strength on paper. The Singapore site offers complimentary real-time stock quotes, free NYSE ArcaBook Level 2 data for US stocks after registration and Level 2 data for SGX, and its pricing page advertises 40 levels of bid and ask. The Hong Kong site also offers free US Level 2 data (NYSE ArcaBook) and supports Hong Kong Level 2.

TigerAI is the group's AI assistant. UP Fintech says it moved TigerAI to a multi-agent structure in the first quarter of 2026, added a futures-focused agent and now combines three language models. Treat its output as a research aid, not as advice.

For automation, the Tiger Open Platform offers an API documented on a developer site run under the Singapore domain. A demo account with USD 1 million in virtual funds is free and covers selected stocks and options, so you can practise on the same interface before funding. Security features named by the provider include two-factor authentication and ISO 27001 and ISO 27701 certifications.

We have not used the platform ourselves. The platform and mobile scores here are editorial judgements from the published feature set, not the result of hands-on use.

Markets and products

The range is broad for an app broker. Through Tiger Brokers Singapore you can trade:

  • Stocks and ETFs on US exchanges (including fractional US shares), SGX (including odd lots, REITs, DLCs and warrants), HKEX, China A-shares through Northbound Stock Connect (except ChiNext and STAR Market stocks) and the ASX.
  • Options on US stocks and ETFs and on Hong Kong stocks, plus HKEX index options. As of 2 November 2026, Tiger Brokers Singapore said extended-hours US options trading would start on 9 November 2026.
  • Futures: more than 100 products on exchanges including CME, CBOT, Cboe, HKEX and SGX, covering index, treasury, metal, energy, currency, agricultural and equity futures, plus CME Bitcoin and Ether futures.
  • Bonds: US Treasuries, with a minimum of 10 bonds (USD 1,000 face value) per transaction.
  • Funds: more than 1,500 unit trusts in the Fund Mall, and money market funds through Tiger Vault.
  • IPOs: subscriptions for US and Hong Kong listings.

The Hong Kong company adds spot crypto. Retail clients can trade BTC, ETH, SOL, AVAX and LINK; professional investors get a longer list (the page names 18 assets and speaks of 20 virtual assets in total). Orders are executed through Hash Blockchain Limited (HashKey), an SFC-licensed trading platform, for a 0.05% handling fee with no commission or platform fee, and BTC and ETH can be deposited and withdrawn on-chain (USDT for professional investors only). The New Zealand company lists a virtual-asset commission of 0.1% of trade value; what product form that takes is not established from the pages we read.

We found no CFDs, spot forex trading or spread betting on any of the four regional sites; currency conversion exists to fund trades in other markets. Products differ by entity: the Australian app, for example, focuses on ASX, US and HK shares, China A-shares and US and HK options, while the New Zealand company adds NZX shares and futures.

Singapore specifics: Cash Boost, CPF, SRS and Tiger Vault

Singapore is where Tiger Brokers has built the most local plumbing.

  • Cash Boost Account: a trading-limit account for users in Singapore, opened with Singpass. Approved clients receive a default trading limit (the page names at least SGD 20,000) and can buy SGX, US, HK and A-share stocks and settle only the gain or loss through contra trading, or pay in full by the force-selling date to keep the shares. Losses can exceed the account balance, as the page itself warns. Tiger's own price example for a stock purchase of SGD 5,000 in the Cash Boost Account shows 0.22% of trade value with a minimum of SGD 9.99.
  • CPF and SRS: the Cash Boost Account can be linked to a CPF Investment Account or SRS account held with DBS, OCBC or UOB. CPF and SRS trades are not eligible for contra trading and can only be sold after settlement.
  • CDP linkage: you can link your own CDP securities account and sell CDP-held SGX shares through Cash Boost.
  • Tiger Vault: a cash-management service offering T+0 USD and SGD money market funds from external managers, from USD 1 or SGD 1, with no Tiger subscription or redemption fee; the fund's own management fee sits in its NAV. An optional auto-sweep invests idle cash daily and lets up to 99% of the Vault balance count as buying power. Vault balances are fund units, not deposits, and returns are not guaranteed.
  • Auto-invest: regular purchases from USD 2 in US stocks and ETFs, HKD 500 in Hong Kong stocks and SGD 100 in SGX stocks, daily, weekly, fortnightly or monthly (SGX plans on the 1st and 15th of each month). Orders follow the normal schedule; US purchases below 1 share pay 1% capped at USD 1, and SGX auto-invest carries no commission, only the 0.03% platform fee (minimum SGD 1).

These are Singapore terms. The Hong Kong company runs its own versions of Tiger Vault and auto-invest under separate terms, which we did not analyse in detail.

Account opening and funding

Opening is fully digital. In Singapore you sign up in the Tiger Trade app or on the website, ideally with Singpass, choose a cash or margin account, upload ID and proof of address and wait for approval; Tiger Brokers Singapore says accounts are opened within 1 to 3 business days. You must be 18 to open a cash account; a margin account (up to 4x leverage) needs age 21 and full-time work, self-employment or retirement. In Hong Kong the initial deposit must come from a Hong Kong licensed bank account for verification; Tiger says the process can take as little as 10 minutes.

Deposits in Singapore are accepted in SGD, USD, HKD, EUR, AUD and CNH:

  • DDA from DBS/POSB in SGD: about 5 minutes, free.
  • FAST in SGD: from 15 minutes during business hours; other currencies 1–2 business days; transfers from banks outside Singapore 1–3 business days.
  • PayNow and Wise are also supported.

Tiger and its receiving bank DBS charge nothing, but sending and intermediary banks may. Deposits must come from an account in your own name; third-party payments are refunded, and banks may charge up to USD 100 for that.

Withdrawals are reviewed in 1–2 business days and then take 1–3 business days. Tiger charges nothing: SGD by FAST up to SGD 200,000 is free, MEPS costs a bank fee of about SGD 5, and telegraphic transfers cost about SGD 35 or USD 25 plus intermediary charges. HKD to a Hong Kong bank can go by FPS free of charge.

There is no minimum deposit at Tiger Brokers Singapore. Currency conversion happens in the app at a real-time rate, up to USD 1,000,000 equivalent per order; the help page does not state a markup. An account without deposits, withdrawals or trades for 36 months becomes dormant and is suspended until you reactivate it.

Research, education and customer support

Research at Tiger Brokers is a data and community layer. The app combines real-time quotes, Level 2 depth, company financials, a key-events calendar, a 24/7 news feed, stock-movement alerts and a screener; the Hong Kong site adds free short-selling data refreshed daily for NYSE and Nasdaq. TigerAI answers questions on markets and, since the first quarter of 2026, on futures. We found no in-house equity research reports on the pages we read.

Education is organised around onboarding: Tiger Academy materials on the Singapore site, a Learn section, investor events such as TTX 2026 and the free demo account. It covers the basics and the mechanics of options and futures, but it is lighter than at brokers with a large structured course library.

Customer support depends on the entity:

  • Singapore: phone +65 6331 2277 on weekdays 08:30–18:30 SGT; online chat and WhatsApp on weekdays from 08:30 to 05:00 the next day; email service@tigerbrokers.com.sg.
  • Hong Kong: phone +852 2127 0666 on weekdays 09:30–18:30 HKT; online chat from 09:30 to 05:00 the next day; email hk-gcs@tigerbrokers.com.hk.
  • Australia: phone 02 9169 6999 on weekdays 9am–5pm Sydney time; online chat until 8:30pm.
  • New Zealand: phone 0800 884 437 on weekdays 09:30–17:30.

The extended chat hours in Singapore and Hong Kong reach into the US trading session, which matters for an Asia-based US trader. Service is offered in English and Chinese. Tiger Brokers Singapore cites awards such as Best Retail Broker at the SIAS Investors' Choice Awards 2026; these are the provider's own references. Our support score of 3.6 reflects the channels and hours; we have no independent data on response quality.

Frequently asked questions

That depends on where you live. Singapore residents are served by Tiger Brokers (Singapore) Pte. Ltd. (MAS licence), Hong Kong residents by Tiger Brokers (HK) Global Limited (SFC, CE BMU940), Australians by Tiger Brokers (AU) Pty Limited (AFSL 300767) and New Zealanders by Tiger Fintech (NZ) Limited, which is registered as a client money and property service provider but states that it is not licensed by a New Zealand regulator. Prices, products and investor protection differ between them.

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Sources & data provenance

Data as of: 2 November 2026

These figures were compiled from the sources below, the broker's own pricing page first. External links open in a new tab.

Dataset compiled on

2 November 2026

This record was compiled by AI agents and has not yet been double-checked by a human. Please verify every figure against the broker's own fee schedule.

Source

Fees, licences and product lists change constantly. Verify every figure that matters to you on the broker's own site before opening an account.

Tiger Brokers

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4.1Visit broker

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.