I Choose TIGR

When it comes to its business, the company’s core focus is its Tiger Trade platform which allows investors to trade in financial instruments such as equities, exchange-traded funds (ETFs), futures, and stock options on multiple exchanges around the world across desktop and mobile on an all in one integrated account.

In addition, the company also provides financial services to institutional clients.

Tiger Brokers and subsidiaries hold 21 licenses/registrations in the USA, New Zealand, Australia, Hong Kong, and Singapore.

Okay so here are 5 good reasons why you should invest in TIGR ⚠️

1. Benefits and simplicity ✔

Tiger Brokers have highly competitive fees.

Superb user interface and smooth signup process.

Seamless compatibility over desktop and mobile

Stock data is available for free.

2. Growth and profitability. ✔

The company is steadily growing when it was listed on the NASDAQ exchange in March 2019 with the ticker symbol (NASDAQ: TIGR) and has raised a total of US$139.1 million with the latest round of Series C funding of US$80 million.

In 2018, Tiger Brokers reported that they achieved US$119.2 billion in trading volume. And more recently in Q1 2020, the company achieved profitability for the first time, with a net income of US$3.03 million for the quarter.

The company is profitable and looking to expand its business with more investment products as well as proprietary analytical tools.

3. Safety ✔

When investing with Tiger Brokers, your investment is held in a trust account on your behalf by either a custodian bank or brokerage firm.

Tiger Brokers Singapore has appointed DBS Bank as the designated custodian bank for clients’ funds.

Tiger Brokers is authorized and regulated by the Monetary Authority of Singapore (MAS); they have a Capital Markets Service License, granted by the MAS.

4. Good Features ✔

The Tiger Trade platform has a comprehensive suite of features available to investors.

Trading via desktop or mobile.

The platform supports multi-currencies with an in-app foreign currency exchange service with no currency conversion fees at the time of writing.

As for information and research, the brokerage offers real-time stock quotes, trading charts, data, and in-app stock screening.

5. Cheap commissions and fees ✔

When it comes to brokerage fees, it is clear that the Tiger Trade platform offers very competitive rates with no custodian fees, or account management fees at the moment.

Fees of Tiger Brokers vs Other Online Brokerage Platforms ⚠️

Tiger Brokers Singapore Equity Fees on SGX

Currently, Tiger Brokers is only charging 0.08% of the shares value (commission+ platform fee) with a trading fee of 0.0075% per trade for your trades on the SGX.

For context, most brokerages in Singapore charge at least S$10 for trading on the SGX. Standard Charted, for example, charges 0.2% of the shares value with a S$10 minimum fee per trade on the SGX.

Tiger Brokers U.S. Equity Fees on NYSE and NASDAQ

For equity in the U.S. Market, the company charges US$0.01 per share or a minimum amount of US$1.99 (commission + platform fee) per trade.

They also do not charge a custodian fee.

Tiger Brokers Hong Kong Equity Fees on SEHK

As for equity on the H.K. market, the company charges 0.06% of the shares value or a minimum of HK$15 per trade.

Tiger Brokers also allows you to invest in Chinese equity on the Shanghai/Shenzhen-Hong Kong Connect charging 0.06% of the shares value or a minimum of RMB$15 per trade.

This option is only available to a select group of brokerages in Singapore which charges an average of 0.25% of the shares value or a minimum of RMB$88 per trade.

So why Tiger? ⚠️

Tiger Brokers User Experience is great!

On the Tiger Trade mobile app and desktop platform, the user experience is superb and beginner-friendly. There is support for cross-platform trading, although you can only log into either the desktop or mobile account at one time.

Out of the brokerage platforms I tried, Tiger is the best so far. Their modern user interface allows you to view real-time market data seamlessly.

In terms of stock research, there is a wealth of resources available to investors for free with an account.

I know many have been worrying bout the huge dip in TIGR but do not fear, because TIGR is not the only one.

Like I have said in my previous article, these 3 months: July, August, September are one of the worst months. Followed by the Evergrande debt hitting china stocks hard, and many bans on going china, resulting in china stocks being very volatile and unfavorable at the moment.

But it is all bout the mindset to be positive or negative. Positivity will teach you that it is an opportunity to buy, average down, and hold while being negative will tell you to cut losses.

By being positive, now is definitely not the period to short but instead to buy and go long.

Marginal loans are highly not recommended for this current situation in the market, as investors could suffer losses that they cannot afford to lose.

Stay safe, do not put all your eggs into one basket. If you do, go long.

Not a high-risk taker? Avoid meme stocks and invest in much stable stocks like ‌$PayPal(PYPL)$ $苹果(AAPL)$  $福成集团(5EV.SI)$ $吉宝企业(BN4.SI)$ 

‌‌ Why I choose TIGR? And why is it one of my favorite stocks in my portfolio? ⚠️

$老虎证券(TIGR)$  has great potential and turnover, especially at its price in the current market at rock bottom. This is a big opportunity! Discount at its finest! Those that got extra cash should buy more shares! And hold to an average of at least 17 USD per share.