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. Its trading platform was recognised in the 2022 Mozo Experts Choice Awards too, picking up a win in the Casual ASX Trader category.
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 Kongese and U.S. shares and ETFs for relatively competitive fees.
The standard brokerage fee with the Tiger Account is set at 0.05% of the trade value (min. $2.50 minimum), plus there’s a $3.99 platform fee.
But, for a limited time, new users who open an account and either complete a deposit or transfer shares will receive $0 brokerage on U.S. and ASX trades for 90 days. And there’s a $10 Stock Voucher for new accounts.
In terms of features, Tiger Brokers offers its users access to market data, charting tools and other analytics which can be accessed (along with the account) via the iOS or Android apps.
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 and platform fees.
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$6.49 |
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Trades up to $10,000 |
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0.05% |
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Trades over $10,000 |
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0.05% of trade value, $2.50 minimum brokerage + $3.99 platform fee. |
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no |
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$0.00 |
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n/a |
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Receive a limited time offer of $0 brokerage on U.S. and ASX trades for 90 days for new accounts opened with a completed deposit or transfer shares. $10 Stock Voucher for new accounts. |
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yes |
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no |
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no |
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none |
