Tiger Brokers

Tiger Brokers Review: Regulation, Fees and Broker Analysis

Unclaimed profile
Best forBeginnersStocksLow CostNot ideal forMetaTrader users

External website · BrokerBazaar does not receive a trading commission from this link.

78

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 78%

$0

Min Deposit

N/A (stocks)

Spreads From (indicative)

1:5

Max Retail Leverage

Low, tiered per market

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
26 Jul 2026
Next review due
24 Oct 2026 · review in progress

How we tested this broker·Meet the review team

Section 01

About

About Tiger Brokers

Company Provided

Tiger Brokers is a fast-growing online brokerage offering stocks, ETFs, options and futures across global markets through its Tiger Trade app, regulated in Singapore by MAS.

Since 2014 Singapore 5 regulators listed

Pros

  • Founded in 2014
  • NASDAQ-listed parent company
  • MAS-regulated Singapore entity
  • ASIC-regulated Australian entity
  • SFC-regulated Hong Kong entity
  • SEC/FINRA-regulated US entity
  • Broad multi-asset market access
  • Stocks, ETFs, options and futures
  • Proprietary Tiger Trade platform
  • No minimum deposit to register in Singapore
  • Competitive US-stock commission structure
  • Strong presence across Asia-Pacific
  • Dedicated local regulatory entities

Cons

  • Not a conventional specialist forex/CFD broker
  • No single leverage figure applies across jurisdictions
  • No universal spread figure
  • Fees vary significantly by market and product
  • Regulatory protection depends on the entity holding the client's account
  • New Zealand service is not licensed by a New Zealand regulator
  • Some jurisdictions use client-money/property-service structures rather than conventional broker licences
  • Customer-service experiences vary across jurisdictions
  • Singapore Trustpilot profile currently has its rating unavailable because of a Trustpilot guidelines breach

Key Features

Regulated Broker
Tiger Brokers

Tiger Brokers

Regulated Broker

Min Deposit$0
Max Retail Leverage1:5
Spreads (indicative)N/A (stocks)

External website · BrokerBazaar does not receive a trading commission from this link.

4

Platforms

2014

Est. Since

2

Account Types

4+

Countries

Regulated By

MAS
ASIC
SFC Hong Kong
SEC
FINRA

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

Tiger Brokers broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not Tiger Brokers and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of Tiger Brokers manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Under review

Details are currently being reviewed against public records.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 13 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Tiger Brokers (Singapore) Pte Ltd

Founded

2014

Headquarters

Singapore

Regulators

MAS, ASIC, SFC Hong Kong, SEC, FINRA

Minimum deposit

$0

Spreads from

N/A (stocks)

Commission

Low, tiered per market

Max leverage

1:5

Platforms

Tiger Trade, Tiger Trade Mobile App, Tiger Trade Desktop, Tiger Web

Account types

Cash, Margin

Tiger Brokers regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
Tiger Brokers (Singapore) Pte LtdMonetary Authority of Singapore (MAS)Not VerifiedOfficial register Capital Markets Services LicenseeSingaporeNot independently checked
Tiger Brokers (HK) Global LimitedSecurities and Futures Commission (SFC)BMU940Official register Licensed Corporation — Type 1, Type 2, Type 4, Type 5 and Type 9Hong KongNot independently checked
US Tiger Securities, Inc.U.S. Securities and Exchange Commission (SEC) / FINRASEC 8-65324 / FINRA CRD 120583Official register SEC-registered Broker-Dealer / FINRA MemberUnited StatesNot independently checked
Tiger Brokers (NZ) LimitedNone — not licensed by a New Zealand regulatorNOT VERIFIED — FSP registration is not a regulatory licenceOfficial register Client Money and Property Service Provider — not licensed by a New Zealand regulatorNew ZealandNot independently checked

Tiger Brokers at a glance

Tiger Brokers is a fast-growing online brokerage offering stocks, ETFs, options and futures across global markets through its Tiger Trade app, regulated in Singapore by MAS.

Tiger Brokers reports a founding year of 2014 and a head office in Singapore. It lists 5 regulators and 4 trading platforms.

BrokerBazaar verdict

Our research team has not yet published a written verdict for Tiger Brokers. The BrokerBazaar Intelligence Score is 78/100 (moderate risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.

Legal entities, regulation and licences

Tiger Brokers operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.

Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

Tiger Brokers states that it accepts clients from Singapore, USA, Australia, New Zealand. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Stocks, ETFs, Options, Futures, Funds, Bonds, US Treasury Securities, Fractional Shares, Warrants, CBBCs. Platforms: Tiger Trade, Tiger Trade Mobile App, Tiger Trade Desktop, Tiger Web. Account types: Cash, Margin.

Best-for tags assigned by our team: Beginners, Stocks, Low Cost, Mobile Trading.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $0. Spreads start from N/A (stocks) and commission is Low, tiered per market. Maximum leverage is 1:5, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Transfer, Local Bank Transfer, PayNow/FAST where supported by jurisdiction. Withdrawal methods: Bank Transfer, PayNow.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.

Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.

Complaints and dispute process

Formal complaints: Feedbacks_sg@tigerbrokers.com.sg. Phone: +65 6331 2277. Complaints, suggestions and compliments can be submitted to Tiger Brokers Singapore through its dedicated complaint email, online chat or client-service channels. Tiger Brokers publishes Feedbacks_sg@tigerbrokers.com.sg specifically for complaints, suggestions and compliments. No current fixed acknowledgement or resolution period was verified from the official Singapore source.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Founded in 2014
  • Strength: NASDAQ-listed parent company
  • Strength: MAS-regulated Singapore entity
  • Strength: ASIC-regulated Australian entity
  • Strength: SFC-regulated Hong Kong entity
  • Strength: SEC/FINRA-regulated US entity
  • Strength: Broad multi-asset market access
  • Strength: Stocks, ETFs, options and futures
  • Strength: Proprietary Tiger Trade platform
  • Strength: No minimum deposit to register in Singapore
  • Strength: Competitive US-stock commission structure
  • Strength: Strong presence across Asia-Pacific
  • Strength: Dedicated local regulatory entities
  • Limitation: Not a conventional specialist forex/CFD broker
  • Limitation: No single leverage figure applies across jurisdictions
  • Limitation: No universal spread figure
  • Limitation: Fees vary significantly by market and product
  • Limitation: Regulatory protection depends on the entity holding the client's account
  • Limitation: New Zealand service is not licensed by a New Zealand regulator
  • Limitation: Some jurisdictions use client-money/property-service structures rather than conventional broker licences
  • Limitation: Customer-service experiences vary across jurisdictions
  • Limitation: Singapore Trustpilot profile currently has its rating unavailable because of a Trustpilot guidelines breach

Who this broker suits, and who it does not

Tiger Brokers is most relevant to traders looking for: Beginners, Stocks, Low Cost, Mobile Trading.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

Tiger Brokers change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for Tiger Brokers yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about Tiger Brokers

Data sources. Broker submission, the regulator registers linked above, MAS Financial Institutions Directory (Capital Markets Services Licensee), web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 3.2/5; WikiFX 7.8/10; Google Play 3.9/5; Apple App Store 4.7/5; TradingView (Verified Community Rating) 3.7/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Tiger Brokers. How we make money. Trading leveraged products carries a high risk of loss.

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