Why this trading app is perfect for first-time investors

Fund Mall, attractive welcome gifts, here

The Tiger Brokers trading app offers plenty of benefits for first-time investors. These include quick and easy onboarding, low commission rates and availability of educational resources to help kick-start your investment journey. PHOTO: SHUTTERSTOCK

Restrictions to curb the spread of Covid-19 are likely to remain in place for some time. Staying home as much as possible during this period of heightened alert means that many of us now have more free time. Instead of spending your days scrolling for online shopping deals or binge-watching Korean dramas, why not put your time and money to good use by picking up new skills that can help grow your wealth? 

If you are new to investing, placing your hard-earned money in volatile financial markets can be daunting. But with the many mobile-based, user-friendly digital trading platforms out there, such as Tiger Brokers, getting your feet wet is no longer as unnerving as it used to be. 

Here are five reasons why.

1. Start investing any time, even with a small sum

It’s often said that the first step is always the hardest. If you’re totally new to investing, you don’t have to be afraid if you do not know where to start – that is, if you’re using the Tiger Brokers trading app.

Nasdaq-listed Tiger Brokers has made account opening and the onboarding experience as seamless as possible, especially for first-time users. No minimum deposit is required. The app is integrated with the Government’s MyInfo portal, which allows users to fill out forms quickly. With easy-to-follow instructions to guide you through the process, you’ll have your account set up in no time. It’s seamless onboarding and user-friendly interface was recognised at the recent Singapore Business Review’s Technology Excellence Awards, where Tiger Brokers took home the Mobile Award. 

Also, Tiger Brokers aims to make investing more accessible so commission rates are set low to make it easier for novice investors who want to start small.

For instance, to trade Singapore equities, Tiger Brokers charges a commission of only 0.08 per cent per trade and maintains transparency for other fees and additional charges, meaning there are no hidden costs.

2. Get all the resources you need in one place

Contrary to popular belief, you don’t need to be a finance guru to invest. Tiger Brokers has a plethora of tools, educational resources and 24/7 market updates to help you make informed investment decisions.

The best part? You can educate yourself on the go. In the app, under the “Community” tab, you’ll find the latest news on the financial markets. Additionally, you can catch up on announcements, press releases and conference calls hosted by companies to report their earnings. Under the “Discover” tab, you’ll get an overview of stock activities and track the “Top Buys and Sells” at a glance.

Furthermore, there’s a wide range of free tools that can help you manage your investments, such as a watch list of your chosen stocks and a suite of technical analysis indicators available under Tiger Brokers’ educational resources or tutorials.

3. Skip over the financial jargon

Tiger Brokers’ platform is designed with beginner retail investors in mind, so it’s easy to navigate for those who are not familiar with trading apps or financial terms.

In addition to its user-friendly and innovative interface, it has a customisable dashboard with easy-to-read graphics that allows you to monitor your portfolio and track its performance against your investment goals. It also allows you to monitor market movements in real time, to help you make timely investment decisions and act fast. With just one click, relevant and insightful data is available at a glance, without the need to switch in and out of apps or pages.

4. Trade different markets within a single account

With a single account, Tiger Brokers enables you to trade multiple markets across different assets and currencies. You will get access to global markets to trade equities, Exchange-Traded Funds (ETFs), futures, stock options, warrants, US-listed Over-The-Counter (OTC) equities, Daily Leverage Certificates (DLCs) and Callable Bull/Bear Contracts (CBBC) in markets such as Singapore, the United States (US), Australia, China and Hong Kong. Furthermore, investors can subscribe to and redeem a wide variety of mutual funds via Tiger Brokers’ Fund Mall without having to open a separate account.

5. Reap extra benefits with attractive sign-up rewards

To give new investors a head start, Tiger Brokers offers attractive welcome gifts. New users who complete their registration will receive 500 Tiger coins, 60 commission-free trades for US stocks, Hong Kong stocks, and Singapore stocks and futures within 180 days, and a complimentary Apple share upon the initial deposit of at least S$2,000.

That’s not all. If you successfully invite friends to join Tiger Brokers, you will receive more commission-free trades and stock vouchers, as well as shares of Tesla, Facebook and Apple. 

“The Tiger Brokers platform has been set up to ensure that investing and learning how to trade are easy skills to acquire. We hope these awards and complimentary shares will help new investors kick-start their journey to learn about the financial markets and grow their wealth,” says Mr Eng Thiam Choon, CEO of Tiger Brokers Singapore.

Click here to learn more about how you can kick-start your investment journey with Tiger Brokers.

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only.  This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Fund Mall, attractive welcome gifts, here

Internet Explorer Channel Network
News Related


Not even cancelling Christmas can change minds on Brexit – the nation is as bitterly divided as ever

© AFP via Getty Images GettyImages-1090891186.jpg Contemplating a Christmas this year without turkey, toys or a tree, I wondered to myself what it might take for people to decide that ... Read more »

Recruitment drive as hospital group is ‘running to stand still'

© PA Archive Concerns have been raised about the number of cancer and imaging doctors (PA) Bosses at London’s biggest hospital group say they are “running to stand still” and ... Read more »

New West Ham signing Nikola Vlasic ready to take Europa League opportunity to kickstart Hammers career

© Getty Images Nikola Vlasic Nikola Vlasic is intent on becoming a key man at West Ham — and wants to use the Europa League as a springboard to success. ... Read more »

Marmite-maker Unilever raises prices by over 4% as bosses say cost inflation here to stay

© PA Archive A Jar of Marmite and other Unilever products Unilever, the consumer goods giant behind everything from Dove to Hellmann’s and Marmite, has raised prices by more than 4% ... Read more »

TikTok divided after woman serves up sharing pasta dinner directly to her table

© TikTok/ @karimaskollection WhatsApp Image 2021-10-21 at 10.59.28 AM.jpeg A woman has sparked a debate after she made a sharing pasta dish served directly to her kitchen table. Posting on ... Read more »

Moneycontrol Pro Panorama | A billion vaccine shots done, but the Street's not in a celebratory mood

Villagers wait to receive a dose of COVISHIELD vaccine, a coronavirus disease (COVID-19) vaccine manufactured by Serum Institute of India, during “Vaccination on boat” programme in Gosaba Island in the ... Read more »

Bosses tell Boris Johnson: Act now to avoid tougher Covid restrictions

© PA Wire Prime Minister’s Questions Business chiefs have urged Boris Johnson to reimpose some Covid restrictions such as mandatory masks on the Tube — warning that “indecision is our ... Read more »

Lorry plunges into Bristol harbour

© LBC / Twitter A lorry has plunged into Bristol harbour – LBC / Twitter A lorry has plunged into Bristol Harbour, with images showing the vehicle nearly upright as ... Read more »

Moscow to go back into lockdown to combat surging Covid cases

© AFP via Getty Images Workers from Russia’s Emergencies Ministry, wearing protective gear, disinfect Moscow’s Belorussky railway station earlier this week – AFP via Getty Images Moscow authorities have announced ... Read more »

Harry Potter star Evanna Lynch condemns Steve Allen's ‘reductive' comments about Tilly Ramsay's weight

© BBC, ITV pjimage – 2021-10-21T110256.398.jpg Evanna Lynch, the actor who played Luna Lovegood in the Harry Potter films, has condemned the comments LBC radio host Steve Allen made about ... Read more »

Type02 storage range by Tylko

© Provided by Dezeen Type02 storage unit by Tylko in Cotton Beige Dezeen Showroom: furniture brand Tylko has added three new contemporary hues to its Type02 range of customisable storage units, ... Read more »

Moneycontrol Pro Panorama | A billion shots fail to light up the Street

Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by ... Read more »

CityU physics: undergraduate students prioritize connection and collaboration

City University of Hong Kong’s undergraduate physics programme wants to attract ambitious international students as they take their next step towards a scientific career in research or industry Eye on ... Read more »

Londoner's Diary: ‘Meltdown' looms for capital's restaurants

© Getty Images GettyImages-452854046.jpg LONDON’s restaurant industry is facing “total meltdown” because of visa problems and staff shortages, warns one boss, as a popular east London restaurant is forced to ... Read more »

London has more statues of animals than named women, study finds

© Reuters millicentfawcett2404n.jpg There are more statues of animals in London than there are of named women, an audit has found. The first of its kind audit of public sculptures ... Read more »

‘Highest risk': Fifa evacuates 57 refugees from Afghanistan including female footballers and basketball players

© Twitter? moiafghanistan Nineteen of the group who fled Afghanistan are part of the national female basketball team – Twitter? moiafghanistan Female footballers and basketball players have been freed from ... Read more »

Zoonotic diseases challenge conservation efforts in Western Uganda

Mountain gorillas share 98% of DNA with humans, making them especially susceptible to transfer of disease (Unsplash) By Sarah Mawarere for UBC Radio in Uganda Closer interactions between wild animals ... Read more »

Lorry plunges into Bristol city centre harbour

© PA bristollorry211021 A lorry has fallen into the harbour in Bristol city centre. Emergency services were called to the scene early on Thursday after the HGV ended up partially ... Read more »

These are the best new ways to see the northern lights this season

© Provided by The Independent (Aurora Safari Camp/PA) – Days are darker and considerably colder, but winter promises one great delight: an opportunity to see the northern lights. Already, there ... Read more »

A star is born: how Timothée Chalamet became the man of the moment

© Evening Standard comp Chalamet-1500×1000.jpg From the moment Timothée Chalamet appears on screen in Wes Anderson’s new film The French Dispatch, the message is clear; never underestimate a pretty boy. ... Read more »

Salt Bae steakhouse: Why does no-one seem to want to work at London's most popular restaurant?

© Getty Images salt-bae-2021.jpg He has nearly 40 million Instagram followers, he is a viral meme machine and everyone from David Beckham to Naomi Campbell have eaten at his restaurants ... Read more »

‘Yes yes yes', ‘No brainer' - Many West Ham fans buzz as contact now made to sign ‘big' striker

© Provided by Transfer Tavern alexandre lacazette for arsenal Flocking to Twitter, many West Ham United fans have been left buzzing after a transfer development as they target Arsenal striker ... Read more »

Has Joe Biden lost his climate credibility?

© AFP via Getty Images With a team of delegates, Biden will look to use Cop26 to persuade other nations to commit to change – AFP via Getty Images In ... Read more »

Eurostar trials touchless biometric identification system using facial recognition

© EPA Eurostar is trialling the touch-free, ‘seamless’ identification system – EPA Continental rail operator Eurostar is trialling a new biometric identity verification technology that promises seamless travel across borders, ... Read more »

Don McLean on his hit American Pie, touring and intending to die on stage

© Provided by The Independent Don McLean (Don McLean/2911 Media/PA) – Five decades after its release, Don McLean’s American Pie remains inescapable. The sweeping epic about politics, youth and rock ... Read more »

Bukayo Saka: Arsenal star faces late fitness test ahead of Aston Villa clash after injury scare

© Getty Images Bukayo Saka Bukayo Saka is a doubt for Arsenal’s clash against Aston Villa on Friday night. Saka was forced off with an injury in Monday’s 2-2 draw ... Read more »

Gujarat vaccinates 90% of eligible population with first dose of COVID-19 vaccine

Gujarat has vaccinated 90 per cent of its eligible population with the first dose of COVID-19 vaccine, while 47 per cent beneficiaries are completely vaccinated against the deadly disease, state ... Read more »

Bayern Munich manager Julian Nagelsmann tests positive for Covid

© AFP via Getty Images Julian Nagelsmann Bayern Munich manager Julian Nagelsmann has tested positive for Covid-19. The German club revealed the news on Thursday morning, just hours after their ... Read more »

Which countries could ban UK travellers due to soaring Covid cases?

© Getty Images Morocco suddenly closed its borders to British flights on 20 October – Getty Images Half-term holidays were thrown into turmoil yesterday when Morocco made the decision to ... Read more »

Teenager charged with the murder of five-year-old Logan Mwangi

© Handout LoganMwangi.jpg A 14-year-old boy has been charged with the murder of five-year-old Logan Mwangi, South Wales Police have said. Five-year-old Logan Mwangi’s body was found by police in ... Read more »

Mile End: Man charged after triple stabbing on London night bus

© Jeremy Selwyn Bus A man has been charged following a triple stabbing on a night bus in east London. A 34-year-old man was rushed to hospital following the attack ... Read more »

‘Call it a miracle': Woman believed to be 70 years old gives birth to her first child in India

© Supplied Jivuben Vallabhai Rabari (seen here with her husband and newborn baby) begged doctors to perform the IVF procedure, saying she was willing to die trying to have a ... Read more »

Covid: What could a ‘Plan C' involve?

© Getty Images The government is facing calls for its ‘Plan B’ to be implemented – Getty Images Ministers are reportedly considering additional Covid measures that could amount to a ... Read more »

Waste Age: What can design do? at the Design Museum review: can design save the planet?

© Felix Speller designmuseumspaceage21102021 Would you wear a dress made from algae? Or drink from a seaweed cup? If you’re rolling your eyes, the Design Museum‘s latest exhibition – Waste ... Read more »

Lumo: New cheap trains between London, Newcastle and Edinburgh – all you need to know

© Lumo Welcome newcomer? Lumo aims to cut costs between London, Newcastle and Edinburgh – Lumo The biggest shake-up in decades on the East Coast main line between London, Newcastle ... Read more »

Gwyneth Paltrow Is Still 'in the Honeymoon Phase' with Husband Brad Falchuk 3 Years After Wedding

She's been wed to producer Brad Falchuk for three years, but for Gwyneth Paltrow, that “just married” feeling hasn't gone away. “I have a little bit of a blessing that ... Read more »

Gwyneth Paltrow Is Working to 'Accept' Her Body as She Ages: 'It's All Going South from Here!'

She may have posted a glamorous nude photo in celebration of her 48th birthday in 2020, but Gwyneth Paltrow says she still struggles with her body image. “Unfortunately, we're always ... Read more »

Covid: Ministers ‘considering Plan C with household mixing banned' if hospitalisations surge

© PA Coronavirus – Tue Oct 19, 2021 Ministers are considering a Covid “Plan C” that would see household mixing banned alongside the reintroduction of advice to work from home ... Read more »

Courteney Cox and Scream co-star Melissa Barrera spoof Friends: ‘Some things are off limits'

© Courteney Cox Instagram Courteney Cox and Melissa Barrera – Courteney Cox Instagram Courteney Cox and herScream 5 co-star Melissa Barrera have visited the iconic apartment that Cox’s Friends character ... Read more »

Kristen Stewart responds to fans wanting her to play the Joker opposite Robert Pattinson's Batman

© PA Wire kristen stewart robert pattinson batman Kristen Stewart has addressed the fan campaign to cast her as the Joker opposite Robert Pattinson’s Batman. A social media campaign recently ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic