Updated: July 14, 2022
Tiger Broker Promo Code: FREESTOCK
By now, you probably would have already heard of Tiger Brokers, whether is it through friends, social media, or advertisements in every medium you could possibly think of. You probably would also have heard of the incredible sign-up bonuses for opening an account with them!
On this page you will find the latest Tiger Brokers promo code, promotions, and rewards! Having used Tiger Brokers since its launch in Singapore last March, we have developed a deep understanding of how their rewards system works. Now, we will be sharing the secrets on making the most out of their fantastic promotions!
How Can I Sign Up?
You can create a Tiger Brokers account at this link here, or download and use the Tiger Brokers app. When prompted for an invitation code, use the code FREESTOCK when creating your account.
For the fastest approval and rewards crediting, we recommend you to use MyInfo when opening an account, and DBS Direct Debit Authorization (DDA) for deposits.
Tiger Brokers Invitation Code: FREESTOCK
For more information, check out these short tutorial videos posted by Tiger Brokers:
What Are the Account Opening Rewards?
The account opening rewards are:
- Deposit 1,000 SGD or more: 1 free share of Grab (GRAB) and 88 SGD cash deposit
- 180 days commission-free trades for US stocks
- 365 days commission-free trades for HK/CN/SG stocks
- Lifetime commission-free trades for US stocks when you invite a friend to open an account
- For Corporate Employees: 1 share of Nio (NIO) valued at ~27 SGD
To obtain these rewards, all you need to do is to make an initial deposit of $2,000! This depends on the very first deposit that you make, which means you cannot make a test deposit of $1 first and then transfer the balance later.
If you are worried that you might transfer to the wrong account, you can use DBS DDA to transfer directly and securely. Check out this guide for step-by-step instructions! Once you have redeemed your Starbucks share, you can withdraw all your money back into your bank account.
The Rewards are Only Up To $93. How Can I Earn $123?
It's easy. We'll show you how! Here's the breakdown:
- Welcome Gifts - $93
- Nio stock - approx. $30
- Total - $123
Simply follow these guides:
If you signed up with an earlier promotion, you may find these guides useful:
- How To Get Your Free Apple Shares with Tiger Brokers
- How To Get Your Free Amazon Share with Tiger Brokers
- How To Get Your Free Starbucks Share with Tiger Brokers
- How To Get Your Free Disney Share with Tiger Brokers
- How To Turn Your Tiger Brokers Stock Vouchers into Cash
- How To Use Your Tiger Brokers Tesla Stock Voucher
What Are the Commission Charges?
Tiger Brokers offers one of the lowest and most competitive commission fees in Singapore. US stock commissions are 0.01 USD per share, with a minimum of 1.99 USD per transaction.
Who Are The Leaders of Tiger Brokers?
Tiger Brokers CEO Wu Tianhua with Nasdaq VP David Wicks
Wu Tianhua is the Founder and CEO of Tiger Brokers. He previously hailed from NetEase (NASDAQ:NTES), one of the largest internet companies in China, where he was in charge of Youdao web and shopping search.
Eng Thiam Choon is the CEO for Tiger Brokers Singapore and is responsible for the operations of Tiger Brokers in Singapore. He was formerly with Phillip Futures for 14 years and HGNH International for 2 years.
Can I Trust Tiger Brokers?
Tiger Brokers was founded in 2014 and is listed on the NASDAQ (TIGR) as UP Fintech Holding Ltd. Recently, they just celebrated 1 year in Singapore! They have over 1 million customer accounts worldwide and have seen explosive growth in Singapore. Currently, they are profitable with an annual growth rate of 7x!
They hold a Capital Markets Services license from the Monetary Authority of Singapore. Tiger Brokers and its subsidiaries are also members of the U.S. Securities Investor Protection Corporation (SIPC) and Financial Industry Regulatory Authority (FINRA).
Tiger Brokers CEO Wu Tianhua with Jim Rogers
Tiger Brokers takes a step further by holding your assets through trusted custodians, which help to protect your assets. Tiger Brokers uses DBS Bank as their custodian for money deposits and SGX securities, while Interactive Brokers acts as the custodian for foreign securities. In fact, their partnership with DBS is so strong that Tiger Brokers is the only discount broker in Singapore that offers instant deposits from DBS accounts.
Disclaimer: This post is for informational purposes only. It does not constitute as a solicitation, or as an offer to buy or sell any security or financial instrument. The information contained in this post is not to be understood or construed as financial, legal or tax advice. Consult your financial advisor if in doubt.