10 Types Of Investment You Can Make With Tiger Brokers – The All-In-One Brokerage For Singapore Investors
Tiger Brokers was one of the first online brokers that reduced brokerage commissions to just a few dollars for Singapore investors.
- by autobot
- July 16, 2024
- Source article
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Tiger Brokers altered the stock investing landscape in Singapore when it launched in early 2020. No longer held ransom to an industry standard $30 minimum brokerage fees, Singapore investors finally had low-cost access to the financial markets. Beyond the convenience of investing in Singapore-listed companies, investors can just as easily invest in the US, Hong Kong and Australia stock markets today. The Tiger Brokers mobile app also provides companies’ analysis and financials at our fingertips. One of these investments include UP Fintech (NASDAQ: TIGR), the NASDAQ-listed parent company of Tiger Brokers. An active community of like-minded investors and industry experts offer another layer of interaction, allowing investors to ask questions and share information. To stand out in Singapore’s crowded stock brokerage market, Tiger Brokers introduced innovative marketing strategies, becoming the first stock broker in Singapore to offer new investors to kickstart their investing journey. Today, approximately 1 in 3 Singapore residents have tried Tiger Brokers. The 10-year-old brokerage firm continues to attract new investors with up to US$3,600 in rewards, including a US$6 account opening bonus and a sure-win lucky draw that awards free shares after funding your account and making initial investments. Over the years, has also expanded the types of investments we can make on its brokerage platform. Here are 10 types of investments we can make via the 10-year-old broker. requires investors to fund our trading account before we can start investing. Currently, we can invest in four markets – Singapore, the US, Hong Kong and Australia. We can invest in diverse assets listed on the exchanges, including stocks, ETFs, REITs and other listed securities. Tiger Brokers charges one of the most competitive brokerage commission rates for cash upfront trading in Singapore today. Investors can expect to incur a brokerage commission starting from US$1.98 per order when we invest in US stocks and S$1.99 for Singapore stocks. We can find out more details about on its website. Investors can buy fractional shares allowing them to invest in a fraction of a share rather than a whole share. This is particularly useful for stocks with higher nominal prices. For example, each Apple stock trades at over US$220, and we can gain fractional exposure to Apple stocks with a minimum investment of just US$1 rather than US$220. Similarly, Tesla trades at over US$260, Microsoft at nearly US$500, Netflix at nearly US$700, and Booking.com at nearly US$4,000! Fractional shares can help us build a more diversified portfolio even with a modest starting investment capital. Contra trading enables short-term trading without taking possession of stocks. Rather, positions are closed and the difference (i.e. profit or loss) settled in cash. Through Tiger Brokers’ Cash Boost Account, investors can gain exposure to stocks with a $20,000 default credit limit without collateral. We can increase this credit limit by applying on the Tiger Broker app. Investors get up to 5 Trading Days for Singapore and Hong Kong stocks and 4 Trading Days for US stocks to either settle their account or sell the stock. Otherwise, their position may be forced-sold. This can benefit investors who spot good trading opportunities but may not have the funds to buy the stock. They can now invest via their Cash Boost Account and either fund their account later on to take possession of the investment or sell it for a contra gain or contra loss. Margin trading can give you leverage to invest beyond your cash balances. The Tiger Margin Account supports up to 4x leverage on our cash balances and securities, with a competitive interest rate from 3.25% p.a. If investors are not able to maintain the required , their position may be forced to be closed. 24/5 trading allows investors to , excluding weekends. This feature enables investors to access the financial markets, and trade in or out of the positions, with more flexibility. While we already had access to the US market during Pre-market Trading and Post-market Trading, Overnight Trading filled a gap that offers a more suitable time for Singapore investors. Source: Tiger Brokers Tiger Brokers offers over 573 stocks and ETFs via its overnight trading – including many of the biggest and most popular stocks that investors will want to trade most often. Investors no longer have to wait for the US market opening hours to pick up or sell stocks, especially after reading the financial results and other news releases by companies. Trading options is an active trading strategy that provides an easy way to amplify our exposure with limited capital and offers the flexibility to trade both directions in the market – whether we think it will go up or down. Some investors also use options to hedge an existing position (buying a put) or earn regular income from existing positions via a covered call. Futures derive value from an underlying asset, such as stocks, bonds, indexes or even currencies and commodities. Similar to trading other derivatives, investors make use of leverage to magnify their positions. This is a double-edged sword as profits and losses will correspondingly also become magnified. Investors can also trade both sides of the market, allowing them to get short exposure with fewer restrictions compared to trading in the stock market. Another benefit for some traders is that a Futures contract does not charge an overnight financing fee. Tiger Brokers offers a wide range of funds that give us access to bonds, multi-assets (including stocks and bonds) and stocks too. On the , we can choose to invest in funds that are already shortlisted within certain categories such as “Most Consistent Performers”, “Top Traded Funds” or “Most Resilient Funds”. Source: Tiger Brokers mobile app Tiger Brokers also offers a way for investors to earn returns on safe and shorter-termed investments such its Cash Management Account – Tiger Vault – and US Treasuries. We can invest in US Treasuries with various tenors – from 6 months to all the way to 10 years (image below on the left). We can also invest in US Treasury ETFs (image below on right) that gives us access to US Treasuries without having to reinvest our funds each time they mature. Source: Tiger Brokers mobile app If we wish to invest our cash in the stock markets but want to continue earning a return while we spot opportunities to get into the market, its cash management account, Tiger Vault, does the job. We can earn a decent return on our cash holdings. Once we spot an investment opportunity, we can simply invest the funds and they will be transferred from Tiger Vault to pay for our investments. It runs on an “auto-sweep” function. This means when we sell our position again, the cash proceeds will automatically be invested in Tiger Vault and we can continue earning interest returns while spotting the next trading opportunities. Tiger Brokers also offers discretionary portfolio management for Accredited Investors under its Tiger Fund Management product. Directed by its Chief Investment Officer (CIO) and leveraging its proprietary AI model, the service aims to build a long-term portfolio that balances returns and risk. Tiger Broker can also customise solutions in accordance to specific objectives and risk tolerance, as well as focus on absolute returns via active global equities management, and more. Source: Since entering the Singapore market, has pioneered low-cost stock investing for Singapore investors in four major markets, including Singapore, the US, Hong Kong and Australia. It has also expanded its product suite for Singapore investors to include not just Stocks and ETFs, but also Options, Futures, US Treasuries and even bespoke investment solutions for Accredited Investors. It has played a role in educating Singapore investors on relatively newer products by offering market data and educational content with industry experts. Celebrating its 10 anniversary, Tiger Brokers launched the Tiger BOSS Card in early 2024 – enabling its investors to spend in multicurrency while earning cashback in a completely new way in Singapore through fractional shares. To sweeten the deal for its investors, Tiger Brokers has . From 2 July 2024, Tiger BOSS debit card users can also enjoy a special discount at Celine Gelato with all single scoop gelato(s) at $5.50. In collaboration with Celine Gelato, all members of the public can also savour a fresh Tropical Tiger Tango flavour – made with Mango-Passion Sorbet and Dark Chocolate Stracciatella – at just $5.50.