Global online brokerage firm Tiger Brokers has launched down under, offering Australian investors access to Australian and US stocks and ETFs with some of the lowest brokerage fees around.
Tiger Brokers has built a reputation for providing an online platform for investors who want to keep their brokerage costs to a minimum. And the Tiger Account does just that, offering Aussie investors access to Australian, Hong Kong and U.S. shares and ETFs for relatively competitive fees.
The standard brokerage fee with the Tiger Account is set at 0.055% of the trade value (A$5.50 minimum per order).
In terms of features, Tiger Brokers offers its users access to market data, charting tools, analytics, and an auto-invest feature, all of which can be accessed via the iOS or Android apps on your smartphone.
Tiger Brokers currently have a welcome offer for new customers:
Earn 7% p.a. on uninvested cash balance up to AUD $100,000 for the first 150 days, with a value up to AUD $2,877. Plus get US$30 Tesla (TSLA) and US$30 NVIDIA (NVDA) shares with an accumulated deposit greater than AUD 2000. T&Cs apply – for full details, go to the Tiger Brokers website.
The Tiger Account could be an option worth considering for Aussie investors who are looking to trade Australian or U.S. shares and ETFs without forking out too much in the way of brokerage fees.
Just bear in mind that if you’re trading H.K. or U.S. shares there may be additional costs to pay beyond the standard brokerage fees.
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$5.50 |
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Trades up to $10,000 |
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0.055% |
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Trades over $10,000 |
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0.055% of trade value, $5.50 minimum brokerage. |
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no |
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$0.00 |
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n/a |
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7% p.a. on uninvested cash balance for 150 days valued up to AUD2,877. Plus get US$30 TSLA and US$30 NVDA shares with accumulated deposit more than A$2000. T&Cs apply. |
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yes |
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no |
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no |
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none |
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none |
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