Tiger Brokers

Tiger Brokers is a multi-market online broker operated by Tiger Brokers (AU) Pty Ltd, part of UP Fintech Holding (NASDAQ: TIGR), that gives Australian retail investors low-fee access to ASX, US (NYSE, NASDAQ), Hong Kong (HKEX), Singapore (SGX), and China A-shares through the Tiger Trade app or desktop platform. Tiger Brokers AU holds an Australian Financial Services Licence (AFSL) issued by ASIC. Client assets are held in a segregated custodian account. Sign up at tigerbrokers.com.au and activate ShopBack via the ShopBack Tiger Brokers merchant page to earn cashback on eligible new account signup and first funded trade at the current published rate.

Tiger Brokers uses a tiered per-share and per-trade fee model rather than a flat brokerage. For US shares, expect a low per-share fee (typically 0.5 to 1 US cent per share) plus platform and exchange fees, with a minimum ticket cost per trade. For ASX shares, expect a flat brokerage plus percentage-of-value fee structure. Hong Kong and Singapore markets carry their own tiered structure. FX conversion (AUD to USD, HKD, SGD) is a separate fee. Full fee schedule is on tigerbrokers.com.au; verify before your first trade since promotional fee waivers are common on account signup.

CommSec (CBA-owned) is Australia's largest retail broker and covers ASX, US, and select international markets, with well-understood tax reporting integration for Australian investors and a flat brokerage that is expensive on small trades. Tiger Brokers is meaningfully cheaper on both ASX and especially US and international market trades on a per-trade basis, but ASX HIN registration is CHESS-sponsored through a custodian rather than direct in your name (verify current model). For a small-parcel or high-frequency US-trading investor, Tiger typically wins on total cost. For a HIN-registered ASX long-hold portfolio, CommSec is the traditional pick.

SelfWealth is an Australian-founded broker that charges a flat AUD per-trade brokerage on ASX and US, with CHESS-sponsored HIN for ASX. Tiger Brokers uses a tiered fee model that is often cheaper for very small trades (AUD 100 to 1,000) and comparable or cheaper for larger trades. Market access is broader on Tiger (adds HK, SGX, China A-shares) while SelfWealth focuses on ASX and US. For pure ASX-with-HIN, SelfWealth is often preferred. For multi-market Asian access, Tiger has the edge. This is not financial advice; consult a licensed adviser for your specific situation.

Yes. Tiger Brokers offers Australian retail investors access to US NYSE and NASDAQ listed shares and ETFs, plus US options where eligible. AUD funding is converted to USD at Tiger's FX rate (a spread over mid-market applies) and held in a USD sub-account for US settlement. US-listed shares have T+1 settlement (recently shortened from T+2). Tiger provides consolidated tax reporting suitable for Australian tax purposes but you are responsible for filing W-8BEN with the US IRS for reduced withholding on US dividends and reporting foreign investment income on your Australian tax return.

Yes. Tiger Brokers provides access to Hong Kong HKEX listed shares (Alibaba, Tencent, HSBC HK, and HK-listed China ADRs) and China A-shares through Stock Connect (Shanghai and Shenzhen). China A-share access requires additional attestations and may have higher minimum ticket costs. HK trades settle T+2 in HKD; A-share trades settle T+1 in CNH. Withholding tax on Chinese dividends applies. Tiger provides a consolidated tax pack, but Australian residents should still cross-check with a tax professional on ATO reporting.

Yes. Tiger Brokers (AU) Pty Ltd holds an Australian Financial Services Licence (AFSL) issued by ASIC. AFSL means Tiger must meet ASIC conduct, disclosure, and client-money handling obligations for AU customers, and must issue a Product Disclosure Statement (PDS) and a Financial Services Guide (FSG). Client assets are held in a segregated custodian account rather than mixed with company operating funds. Verify the current AFSL number on tigerbrokers.com.au and cross-check on the ASIC Professional Registers before opening an account.

When you fund a Tiger Brokers account with AUD and buy US shares, Tiger converts AUD to USD at its published FX rate, which includes a spread over the mid-market rate (typically 30 to 60 basis points depending on volume, verify current). USD balance is held in a USD sub-account, so you do not need to reconvert on each subsequent trade. To minimise FX cost for larger portfolios, some investors fund USD directly via a Wise or XE transfer to Tiger's USD receiving account instead of AUD conversion inside the platform. Verify Tiger's current AUD-USD spread and USD funding instructions in the Tiger Trade app before your first funding.

Click through fresh from the ShopBack Tiger Brokers merchant page to tigerbrokers.com.au in the same browser session. Complete the new account signup and first funded trade (or whatever action the merchant terms specify) without opening extra promotional tabs or pasting third-party referral codes not approved on the ShopBack Tiger Brokers page, since these can break attribution. Turn off ad-blockers. Cashback applies to eligible new account signups per the merchant terms and pays at the current published rate on the ShopBack Tiger Brokers merchant page.

Cashback on Tiger Brokers typically depends on completing the qualifying action (account signup plus first funded trade) as specified in the merchant terms. If you close the account within the qualifying window, fail identity verification, or do not complete a first funded trade within the required period, the associated ShopBack cashback may be reversed or not confirm. This is not financial advice; understand the qualifying criteria before signing up.