Forex Trading TIGER Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

TIGER Trading Conditions

Registered Region New Zealand

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@tigerfex.com

Contact Number N/A

Website N/A

Balanced Review

Pros & Cons

Pros

Access to MetaTrader 4 and MetaTrader 5 platforms
Diverse range of trading instruments including forex, commodities, and cryptocurrencies
Multiple account types catering to different trader experiences
Demo account available for risk-free practice
Instant deposit options via credit/debit cards and cryptocurrencies

Cons

Not regulated by any recognized financial authority
Lack of investor protection measures
Potential challenges in fund recovery
Limited customer support options (email only)
Absence of educational resources for traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	TIGER	TIGER BROKERS	FXBTG	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	New Zealand	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does TIGER Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners	Access to standard trading features	Suitable for small-capital practice
Professional Account	Experienced Traders	Higher leverage options available	Requires trading volume qualifications
Demo Account	New Traders	Practice trading without risk	Ideal for testing strategies

Account Opening Process

To open an account with TIGER, traders will need to submit personal, employment, and financial information. This process includes identity verification, which typically requires providing a valid ID and proof of address. Once the account is set up, there is flexibility to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0	Tight spreads for majors
CFDs (Stocks)	Varies	$0	Depends on specific stock
CFDs (Indices)	Varies	$0	Competitive pricing for index trading
CFDs (Commodities)	Varies	$0	Accessible for commodity traders
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

Traders should be aware of various other fees that may apply, including deposit and withdrawal fees, inactivity fees, and potential platform usage fees. Additionally, overnight interest (swap rates) may be applicable, along with currency conversion fees for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

TIGER User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

Auckland

★ ★ ★ ★ ★

I had high hopes for TIGER, but my withdrawal request has been pending for over two weeks. The support team is unresponsive, making me question their reliability. I wouldn’t recommend trading here.

Emily Johnson

Wellington

★ ★ ★ ★ ★

TIGER’s trading platform is quite user-friendly, especially the MT4 option. I’ve been able to execute trades quickly and efficiently, but the lack of regulation does make me a bit uneasy.

Michael Brown

Christchurch

★ ★ ★ ★ ★

I regret choosing TIGER. The platform is okay, but I can’t access my funds. Customer support is only via email and they take forever to respond. It’s been a frustrating experience overall.

Sarah Davis

Hamilton

★ ★ ★ ★ ★

I’ve been trading with TIGER for a few months now and I love the variety of instruments available. The demo account helped me practice before going live. Overall, it’s been a positive experience!

New Zealand Market