Tiger Brokers Review 2020
Tiger Brokers is a multi-regulated online discount broker that provides clients with a proprietary trading platform for trading multiple assets, including Stocks, ETFs, Options, Futures, Warrants, and CBBC.
Tiger Brokers Review 2020, Pros & Cons
- Multiple regulations
- Sophisticated trading platforms
- Various financial instruments
- Limited funding options
- Limited standalone trading tools
- No MetaTrader platforms
- No live chat support
In this detailed Tiger Brokers review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Tiger Brokers is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Tiger Brokers.
Tiger Brokers Review: Summary
Regulated in multiple jurisdictions, Tiger Brokers provides online trading services to over 1 million registered users globally. They provide traders with their sophisticated trading platforms for online trading of various financial products with very low commission fees.
Tiger Brokers Review: Regulation
Tiger Brokers are regulated in multiple jurisdictions, including the USA, Australia, Singapore and New Zealand.
Tiger Brokers Review: Countries
Tiger Brokers allow traders from different parts of the world to open a trading account with them if their countries of residence allow online trading with foreign brokers.
Some Tiger Brokers features and products mentioned within this Tiger Brokers review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Tiger Brokers Review: Trading Platforms
The broker provides traders with the feature-rich and sophisticated Tiger Trade platform. It has a range of built-in professional tools, including in-depth analytics, screeners, and candlestick charts, to help experienced traders stay on top of the markets. Clients can also enjoy the convenience of trading across multiple markets with the multi-currency facility and a host of other features. The platform is available as a desktop application for Windows and Mac computers and a mobile app that is compatible with Android and iOS devices.
There is also the Trader Work Station (TWS), which is an alternative platform for global trading. It has a range of useful trading tools and is also available in desktop and mobile versions.
Tiger Brokers Review: Trading Tools
There are no standalone trading tools on the broker’s website.
Tiger Brokers Review: Education
The ’Guidance’ section of the broker’s website contains a range of educative articles and some frequently asked questions with their answers.
Tiger Brokers Review: Trading Instruments
The broker offers multiple tradable assets, such as Stocks, ETFs, Options, Futures, Warrants, and CBBC for trading online.
Tiger Brokers Review: Trading Accounts & Fees
The broker offers clients two trading account options, namely: Prime Account and Global Account.
As broker fees can vary and change, there may be additional fees that are not listed in this Tiger Brokers review. It is imperative to ensure that you check and understand all of the latest information before you open a Tiger Brokers account for online trading.
Tiger Brokers Review: Customer Service
The broker’s support team can be contacted through email and telephone.
Tiger Brokers Review: Deposit & Withdrawal
Tiger Brokers allows clients to make deposits and withdrawals via bank transfers and telegraphic transfers.
Tiger Brokers Review: Account Opening
This requires the clients to click on the ‘Open Account’ button, properly fill out the displayed form, submit, provide any required documents, and wait for the approval.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Tiger Brokers Review: Conclusion
Tiger Brokers is a multi-regulated discount broker that offers multiple financial assets for online trading via the provided trading platforms.
All investments carry risks. For any stock or other financial product, historical data does not guarantee future performance or return. While portfolio diversification can help mitigate such risks, it does not ensure that you will profit or prevent you from incurring losses during market downturns. Investing in stocks and other financial products carries the risk of loss. Investors should evaluate their investment goals and their risk tolerance before they invest.