What Account Types and Fees Does TIGER BROKERS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and experienced traders |
No minimum deposit, access to various trading instruments |
Suitable for personal trading with flexible upgrade options |
| Professional Account |
Experienced and institutional traders |
Higher leverage, low spreads, advanced trading tools |
Requires verification of trading volume and experience |
| Corporate Account |
Corporate clients and institutions |
Custom services, dedicated account manager, higher trading limits |
Requires corporate documentation and compliance verification |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free trading conditions |
Requires application and compliance with Islamic finance principles |
| Demo Account |
New traders and those looking to practice |
Access to virtual funds and real market conditions |
No deposit required, ideal for practice before live trading |
Account Opening Process
To open an account with TIGER BROKERS, prospective clients need to follow a straightforward process that includes submitting personal, employment, and financial information. Applicants are required to verify their identity by providing government-issued ID and proof of address. The brokerage allows flexibility for clients to upgrade from a cash account to a professional account later, providing opportunities for traders to scale their activities as they gain experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for major pairs |
| CFDs (Stocks, US) |
0.03% x trade value |
$0.005 per share |
Low commissions for stocks |
| CFDs (Indices) |
from 0.99 |
$0.99 per contract |
Varies by index |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
TIGER BROKERS has several additional costs that clients should be aware of, including:
– Deposit/Withdrawal Fees: No fees for deposits or withdrawals; however, third-party bank charges may apply.
– Inactivity Fees: Fees may be charged if an account is inactive for a certain period.
– Platform Usage Fees: No additional fees for using the Tiger Trade platform.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, depending on the asset class.
– Currency Conversion Fees: May apply for accounts operating in different currencies.
