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 Tiger Brokers v1, Easily trade US HK SG. Regulated by SG.

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gooroojee
post May 21 2021, 02:55 PM

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Share my experience opening an account here. Overall very quick and painless experience. Account setup was easy, verified my ID using MyKad and selfie, plus proof of residential address. Doing so requires zero funds and if signing up via referral, this alone will give your referrer SGD60. Not bad.

Now after transferring SGD2k into my Tiger account it reflected in about 10 minutes. But it converts the funds into USD (at least displays in USD in the app), so I saw that I had USD1502 to play with. Putting in SGD2k gives your referrer SGD30. Also not bad.

Shortly after the free SBUX reward shows up as 'Processing'. This one also not bad.
gooroojee
post May 28 2021, 11:13 PM

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QUOTE(honsiong @ May 27 2021, 12:13 PM)
Tiger sends monthly statements.

Moomoo sends daily statements.
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You can view Tiger daily statements online on their portal (not app).

My Account -> Statements
gooroojee
post May 29 2021, 01:39 PM

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QUOTE(sunsetdiary @ May 29 2021, 01:08 PM)
I have experienced after transferring SGD to tiger account it would not auto covert to USD. It display is USD but it still SGD.

Although you able to buy US stock but it was money loan from tiger and you should pay included interest to them.

Open tiger app > Me > Tiger Account > Prime Account > look does repayment in there ?

Click Repayment.

Better exchange SGD to USD before buy US Stock.

https://www.tigerbrokers.com.sg/help/detail...rrency-exchange
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You're right. It was just displaying in USD, so I converted SGD to USD, then bought the USA version of a penny stock (USD1-5 per share). I bought a share for USD1.10, then sold it again. Total transaction fees were about $4 ($1 minimum trade brokerage fee + $1 platform fee per trade, times two). The commission free promotion gave me back $2.

These USA trading accounts are good for when you want to ride on the Reddit retail buyers wave, e.g. GameSpot or AMC shares... 😋
gooroojee
post May 29 2021, 09:04 PM

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QUOTE(Barricade @ May 29 2021, 05:00 PM)
Wanna share referral? I signup and use your referral. We split 50/50 for the reward.  thumbup.gif
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I've sent you a PM. I haven't checked the referrer side of rewards beyond what's stated on the Tiger website, so this would be a good chance to validate the rewards and share back to this group after that. 👌
gooroojee
post Jun 3 2021, 09:54 PM

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As promised. Sharing the SGD30 stock voucher details here:

user posted image

Redeem it then buy any SGD stock or ETF equal or greater than the amount to get the full SGD30 cash rebate into your cash balance after 1 working day.

Same for the SGD60 voucher.
gooroojee
post Jun 3 2021, 10:06 PM

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QUOTE(edwin1002 @ Jun 3 2021, 10:04 PM)
Collect from point?
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From referral program.
gooroojee
post Jun 4 2021, 07:14 PM

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QUOTE(esyap @ Jun 4 2021, 05:27 PM)
Hi any idea how long before the free welcome Starbucks stock is credited into our account after necessary funding?
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5-10 days

This post has been edited by gooroojee: Jun 4 2021, 07:14 PM
gooroojee
post Jun 8 2021, 08:53 PM

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QUOTE(nicemamak @ Jun 8 2021, 08:42 PM)
Thank you for replying. I linked CIMB SG to CIMB Malaysia in CIMB Clicks Malaysia. I cannot perform the transfer via CIMB Clicks Malaysia?

I have to apply CIMB Clicks Singapore in order to perform the transfer?
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Yes. You should get a first time login pin via SMS after your account is fully activated, which is after CIMB SG call you to verify details...
gooroojee
post Jun 10 2021, 03:03 PM

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QUOTE(james.6831 @ Jun 10 2021, 01:14 PM)
is there any charges involved when selling a stock?
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Depends on which exchange.
gooroojee
post Jun 12 2021, 10:45 PM

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QUOTE(alesi616 @ Jun 12 2021, 10:18 PM)
how about this? do you have any idea?

"Also, for Tiger broker, can I wire transfer my money from another USA brokerage? If assume that I need to buy USA stocks ."
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You can read the Tiger website:
https://www.tigerbrokers.com.sg/help/detail/account-funding

"Tiger currently accepts the following methods of deposit "
(and read the table).
gooroojee
post Jun 17 2021, 06:00 PM

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QUOTE(thecurious @ Jun 17 2021, 05:49 PM)
thanks, good to know.
oh one week? guess was overly optimistic about their speed since everyone kept saying its fast. One week is just like interactive.
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One day for me.
gooroojee
post Jun 23 2021, 05:29 PM

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QUOTE(Mr.Weezy @ Jun 23 2021, 11:27 AM)
user posted image

just gained another stock voucher of 60 sgd few minutes ago

total 21 of them

but no they can't be withdrawn if i'm not mistaken

have to buy a share worth 60sgd only they rebate

so it's kinda exhausting the whole process, im still working my way

if any kind forummer here got experience please share the best way
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Just redeem voucher, buy share, redeem voucher, buy share, until you finish.

The cash rebate comes into your account 1-2 days after that.

The cash rebate also gives you more money to buy more stocks so you're not limited to your original 2k.
gooroojee
post Jun 28 2021, 10:04 PM

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QUOTE(wanttobuylaptop @ Jun 28 2021, 06:39 PM)
for those who remit directly from local bank to tiger broker, how long does the money received?
also, service like hong leong bank superremit (https://www.hlb.com.my/en/personal-banking/remittance/super-remit/super-remit.html) is acceptable deposit method?
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Few minutes...
gooroojee
post Jul 13 2021, 06:42 PM

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QUOTE(JustAskingOnly @ Jul 13 2021, 06:00 PM)
Hi can I know what's the benefit for you to invest using Singapore broker vs local broker?

Now can invest using local maybank too right? Rather than transfer from from bank to bank and incurred bank charges.

For the record I am using maybank to invest locally and just started using tiger as well.
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Cannot buy overseas stocks
gooroojee
post Jul 20 2021, 03:50 PM

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QUOTE(delsoo @ Jul 20 2021, 03:30 PM)
I heard that for eevery SGD2000 deposit will be entitled to 1 APPL share, is the deal still valid ? Say that I just deposit the money in for the sake of getting the APPL share without buying other stock , how long shall I wait before I can withdraw the SGD2000 ?
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You can withdraw as soon as you're qualified in the app.
gooroojee
post Jan 3 2022, 11:30 PM

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I saw Tiger accepting deposits using Wise soon
gooroojee
post Jan 28 2022, 11:15 PM

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QUOTE(kucingfight @ Jan 28 2022, 04:50 PM)
ok, so in a way. direct wise will be cheaper compared to (WISE->CIMB SG-> tiger?)

but to withdraw,  still need a SG based bank right to transfer back here?
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Parking here for future after someone tries and provide feedback. If can start referring people again.. haha
gooroojee
post Feb 2 2022, 11:15 AM

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QUOTE(ngaisteve2 @ Feb 2 2022, 10:13 AM)
Is TigerSecurities fee cheaper than FundSuperMart platform? https://www.fsmone.com.my/

This is my fee for purchase in FSM.

user posted image
This is my fee for sell in FSM.

user posted image
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Yes, cheaper than FSM but you do know that Rakuten now allows you to trade US stocks from Malaysia directly? Less than half the fees charged by FSM.
gooroojee
post Feb 2 2022, 11:17 AM

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QUOTE(gooroojee @ Jan 28 2022, 11:15 PM)
Parking here for future after someone tries and provide feedback. If can start referring people again.. haha
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I tried this and confirmed you can't withdraw into a Wise account, even if it's partnering with DBS.
gooroojee
post Feb 5 2022, 10:12 PM

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QUOTE(goodluck @ Feb 5 2022, 10:03 PM)
Anyone has study before which method is more cost effective to fund Tiger broker?
1. CIMB MY > CIMB SG > Tiger broker
2. MY bank acc > WISE > Tiger broker

Withdraw
1. Tiger broker > CIMB SG > CIMB MY
2. Tiger broker > WISE > MY bank acc
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You can't withdraw to Wise..

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