The Commission-free trades card issued by Tiger can be used to offset the commission or platform fee incurred when you trade through Tiger Trade App. The Commission-free trades card will take effect immediately after activation. You need to use the Commission-free trades card within the validity period. If you have two or more Commission-free trades cards of the same category, the validity period will be automatically extended.
The Commission-free trades cards are used on a pre-deducted and rebated afterwards basis. You need to place an order within the validity period of the Commission-free trades card and the order should be filled during the validity period in order for the Commission-free trades card can be successfully used. You may choose to apply the Commission-free trades card on a particular trade if you are using Tiger Trade App version 7.2.0 and above. For the older versions, the Commission-free trades card will automatically be applied to trades selected by the system. If your order has a matching commission-free trade, the system will automatically pre-select the Commission-free trade card with the nearest expiry when you place the order. If you want to cancel or change the commission-free trade, you can cancel or change it manually when placing the order.
(Notes: Orders tied with the Commission-free trade card need to be fully filled before the Commission-free trade card can be successfully used. If the order is fully filled after the Commission-free trade card expires, the Commission-free trade card will not be used successfully.)
After the order is filled, the number of times that the Commission-free trades card will be deducted with 1. The commissions will be refunded to the client's Tiger account in the form of cash within 1 minute after the order is filled. Client may check the commission refund details through the Rewards Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
Both the Single Commission-free trade card and the multi-commission-free trades card can only be used for a specified number of times within the validity period, and any unused times of the commission-free trades card will automatically be cancelled after the expiry date. After the Commission-free trades card is bound to an order, the number of times for commission-free trades card will be frozen. If the order is fully filled, the number of times will be deducted accordingly; if the order is not fully filled or cancelled, the number of times will be refunded accordingly.
You need to Place a One-Click Order on Tiger Trade App version 8.1.3 and above to use the voucher (vouchers are not available for One-Click Order of old versions ); Clients can use vouchers on PC One-Click Order for any version. Besides, neither App nor PC One-Click Order supports the selection of vouchers when placing an order, and the system will automatically use the voucher with the earliest expiration within the validity period.
Commission-free trade is not available for exercised option orders.
By participating in events and receiving the rewards in your account, you agree that you will only withdraw the proceeds generated from the rewards after you have successfully completed 10 trades (since your account opening). Filled orders with amount less than USD3 or equivalent value or currency exchange orders will not be counted.