Tiger Brokers adds zero commission on Singapore, HK, China A-Shares

Rick Steves

The firm already offered lifetime zero commissions for US stocks.

china

Singapore-headquartered broker Tiger Brokers has extended its Zero Commission campaign, originally for unlimited trades on US stocks, to users trading Singapore and Hong Kong stocks as well as China A-Shares, for one year.

This announcement follows the launch of the broker’s new mobile app which allows users to further personalise their experience and offers with greater access to a broader range of education and community tools and features.

The firm already offered lifetime zero commissions for US stocks.

“Further significant cost saving opportunities”

Eng Thiam Choon, CEO of Tiger Brokers (Singapore), said: “Tiger Brokers continuously seeks to understand the requirements of our customer base and we aim to address these by harnessing our strength in innovation to improve the range of offers on our platform. Having been the first in the market to offer our customers lifetime zero commissions for US stocks we are proud that we are again the first to extend this offer to Singapore and Hong Kong stocks and to China A-Shares.

“We aim to bring the best offers to our users by disrupting the financial markets and democratising the investment process, taking our customers one step closer to achieving financial happiness through financial freedom and inclusion. Our strength in innovation has been key to our growth and by leveraging our next-generation technology platform, we are able to provide our customers with a seamless experience at lower cost. With around 21% of our user base active in stocks across all three markets, we envisage the extension of the Zero Commissions campaign providing our customers with further significant cost saving opportunities.”

Tiger Brokers (Singapore) has over 1.9 million customers worldwide and has reported an annual trading volume of more than US$404.3 billion, as of December 2021.

The 1.9 million traders registered with Tiger Brokers can make use of zero commission trading to better capitalising on small price movements in the market, and unlocking cost savings with more efficient trading.

It was in April 2022 that the Xiaomi-backed online trading platform rolled out its inaugural lifetime lifetime zero commissions campaign for unlimited trades on US stocks. Daily trading value of US Securities amounted to $102 million per day on its platform, the firm reported.

Tiger Brokers, which is backed by Interactive Brokers, Chinese tech giant Xiaomi and renowned investor Jim Rogers, has also recently tapped exchange traded products offered at Singapore Exchange and the Australian Securities Exchange.

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

<