Tiger Brokers was recognised for creating an app that offers retail investors seamless and user-friendly account opening as fast as within a couple of hours. *Time varies for different individuals.
Time is of the essence when it comes to investments. With that in mind, Tiger Brokers’ online and mobile trading platform, “Tiger Trade”, offers great convenience and ease for retail investors through seamless and fuss-free account opening within the same day.
Founded in 2014, Tiger Brokers is a leading global online broker and has offices in Singapore, New York, Beijing, Auckland, and Sydney that are managed by over 800 people. Tiger Brokers uses its next-generation technology to enable clients to trade a wide range of securities across multiple global markets and currencies. Now, clients may use Tiger Trade, to gain access to the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), Singapore Exchange (SGX), and the Australian Securities Exchange (ASX) as well as equities, ETFs, stock options, futures, warrants, CBBCs, and Fund Mall.
As an online brokerage, a fuss-free account opening process can be performed fully within the Tiger Trade application. This all-in-one multi-asset mobile trading platform is able to meet all investing needs. Moreover, it requires no minimum deposit to sign up for a margin or cash trading account.
With Tiger Trade yielding a seamless online trading experience, Tiger Brokers took home the Mobile Award under the Brokerage category at Singapore Business Review’s Technology Excellence Awards.
Uniqueness & Innovation
The app’s UI/UX interface offers good visibility and is monitored closely to always ensure users have a smooth experience.
Tiger Brokers boasts secure and reliable trading platforms in margin and cash trading, as well as Funds Transfer via Telegraphic Transfer, FAST, and almost instant Direct Debit Authentication (DDA) for clients.
The DDA Fast Deposit is a system service provided by Tiger Brokers’ banking partners, allowing clients to initiate a deposit instruction directly into the Tiger Trade app after connecting their Tiger Brokers and bank accounts.
The process can be completed in two quick and easy steps: First, clients have to set up the connection between their bank account and Tiger Brokers account. Next, they will complete a DDA authentication (which is only required for the first deposit) and then submit a DDA Fast Deposit instruction directly to Tiger Brokers.
Effectiveness & Impact
DDA Fast Deposit boasts more convenience and is free of charge with every deposit. It ensures that funds will arrive within several minutes during business days. It also allows deposit instructions to be submitted via the Tiger Trade app or their official website—logging in to a bank and submitting a deposit notice is unnecessary.
About Tiger Brokers (Singapore) Pte Ltd.
Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 — accessible on Google Play Store and the Apple App Store — offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), and Fund Mall on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the US, China, Hong Kong, Singapore and Australian stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).
Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1 million customers worldwide currently, with a total trading volume exceeding USD219 billion in 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.
This article has not been reviewed by the Monetary Authority of Singapore.
Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.
Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.
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