Tiger Trade upgraded in New Zealand for better trading and onboarding

Rick Steves

Tiger Trade’s offering includes global shares and options, index futures, forex, metals, crypto, and energy.

Tiger Brokers has announced a major upgrade to its proprietary investing app Tiger Trade in New Zealand, including enhanced usability features from customer onboarding to trading experience.

The trading platform now allows New Zealand users to trade Australian, United States, Hong Kong, Singaporean and China-a shares.

Tiger Trade also offers live trading in more than 100 futures contracts including index futures, forex futures, metal futures, bitcoin futures and energy futures, as well as US and Hong Kong stock options.

Market data, more markets, and better onboarding

Kiwi investors can use Tiger Trade to benefit from feature-rich tools from fundamental to technical for better analysis, live streaming financial news, and in-depth market data, to better trade American, Australian, and Asian markets. Level 2 market data for both US and ASX shares helps investors to identify the depth of bid and ask prices for a given stock in real time. Short interest related data is also available to retail investors to provide more visibility of price action.

The offering includes margin trading, an in-app community that helps investors stay connected and a demo account that allows investors to practice and sharpen investing skills.

As to pricing, Tiger Trade offers a minimum brokerage of USD 1.99 per order on U.S. shares, as well as a minimum USD 2.99 per order on U.S options. For those who hope to boost their buying powers, Tiger Brokers also offers margin accounts, which allows investors to leverage their position.

Greg Boland, Chief Executive Officer at Tiger Brokers New Zealand, commented: “For the past year, we have been working hard on modifying our app to account for Kiwis’ preferences, as well as driving greater levels of service efficiency. The evolving customer expectations and the need for comprehensive and user-friendly products present growth opportunities for us. After attracting nine million users worldwide, we aim to become the go-to investing app for kiwi investors as well with our integrated product offering and technological advancements.”

“The market has become overheated over the past two years, so a correction was on the cards. We offer the ability to hedge your risk in the markets using futures and options products. Education is an integral part of successful investing. We integrated trading data, insights, and tools into Tiger Trade to give everyone a better understanding of the evolving market and the ability to build up their skills. At the end of the day, more tools and more insights will help investors cut through the noise.”

The app also provides a ‘paper’ trading account where clients can play with $100,000 in virtual money and practice trading in shares, futures, and options.

Read this next

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

““The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

Digital Assets

Coinbase scores minor victory vs SEC, but lawsuit to proceed

A federal judge in Manhattan, U.S. District Judge Katherine Polk Failla, ruled on Wednesday that the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase can largely proceed.

Web3

COTI Teams Up with Civic for Enhanced Digital Identity Control

СOTI and Civic are teaming up to enhance digital identity security in Web3, aiming to provide users with more control over their digital selves through innovative technology.

Digital Assets

BlockDAG Takes on Chainlink (LINK) Crypto, and RON With DeFi Card and 5000x Profit Potential

Explore BlockDAG’s innovative DeFi card, which transforms cryptocurrency into spendable cash, alongside Chainlink (LINK) crypto and Ronin’s advancements.

Digital Assets

Court finally decides on Sam Bankman-Fried sentence, experts predict 20 years

Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, is set to face sentencing on Thursday in a pivotal moment that could see the entrepreneur beginning a lengthy period in federal prison.

<