Why invest in US market?

Tesla
Tesla
TSLA
Facebook
Facebook
META

Amazon
Amazon
AMZN
Apple
Apple
AAPL
Pfizer
Pfizer
PFE
Microsoft
Microsoft
MSFT
Netflix
Netflix
NFLX

A true global gateway

The global reach experience offers access to some of the best companies in the US, including upcoming companies and startups with innovative products that emerge from time to time, delivering an extensive array of opportunities to invest in the latest trends.

Diversifies your portfolio

Apart from assets, industries and times, geographical diversification is also an aspect that is worth considering. As global companies are listed on the US market, investing in US stocks helps diversify investors' portfolios.

The largest market that carries great potential

The US market is an accessible, transparent, and liquid financial market, representing 40.9% of the $108 trillion global equity market cap, or $44 trillion (JUL 2022). As the largest stock market in the world, its transaction volume and market capitalisation make this market a unique investment opportunity for investors worldwide.

How we compare

Fees
Amount to invest (US) Sharesies Hatch Stake ASB Securities
$100 in Twitter $2.35 $0.90 $3.50 $1.00 $90.00
$500 in NIO $3.84 $4.50 $5.50 $5.00 $90.00
$1000 in Apple $5.51 $9.00 $8.00 $10.00 $90.00
$2500 in Tesla $10.77 $22.50 $15.50 $25.00 $90.00
$5000 in S&P 500 ETF $19.53 $37.00 $28.00 $50.00 $90.00

Fees include currency conversion, pass-through fees and agency fee - other fees may apply. View the detailed calculation below for the complete walkthrough. Last reviewed: 6 October 2022. Visit the respective companies' websites for the most up-to-date information.

View detailed fee breakdown and calculations:

Fee breakdown:
Companies Brokerage fee FX fee NZD.USD Pass-through fees / Agency fee
$0.0099 per share
minimum $1.99 per order
0.35% $0.003 per share
0.0000229 × Trade Value (For sale only)
$0.00013 per Share (For sale only)
Sharesies 0.5%<$3000
0.1%>$3000
0.40% nil
Hatch $0.01 per share
minimum $3 per order
0.50% nil
Stake $0 1%
minimum $2 per transfer
0.0000229 × Trade Value (For sale only)
$0.00013 per share
ASB Securities 0.8%
minimum $50
Not disclosed 0.4%
minimum $40 per order
Calculation:

Closing stock price as at 30 September 2022 (EST):

Twitter (NYSE: TWTR) - US$43.84

NIO (NYSE: NIO) - US$15.77

Apple (Nasdaq: AAPL) - US$138.20

Tesla (Nasdaq: TSLA) - US$265.25

SPY (S&P 500 ETF) - US$357.18

Detailed calculation example:
Fees paid to invest US$100 in Twitter:
Brokerage fee FX fee Pass-through fee Total
$1.99 $100*0.35% = $0.35 $0.003*2 = $0.006 $2.35
Sharesies $100*0.5% = $0.5 $100*0.4% = $0.4 nil $0.90
Hatch $3 $100*0.5% = $0.5 nil $3.50
Stake $0 $100*1% = $1 nil $1.00
ASB Securities $50 Not disclosed $40 $90
Fees paid to invest US$500 in NIO:
Brokerage fee FX fee Pass-through fee Total
$1.99 $500*0.35% = $1.75 $0.003*32 = $0.096 $3.84
Sharesies $500*0.5% = $2.5 $500*0.4% = $2 nil $4.50
Hatch $3 $500*0.5% = $2.5 nil $5.50
Stake $0 $500*1% = $5 nil $5.00
ASB Securities $50 Not disclosed $40 $90
Fees paid to invest US$5000 in S&P 500 ETF:
Brokerage fee FX fee Pass-through fee Total
$1.99 $5000*0.35% = $17.5 $0.003*14 = $0.042 $19.53
Sharesies $3000*0.5% +
$2000*0.1% =
$17
$5000*0.4% = $20 nil $37.00
Hatch $3 $5000*0.5% = $25 nil $28.00
Stake $0 $5000*1% = $50 nil $50.00
ASB Securities $50 Not disclosed $40 $90
Features
Features Sharesies Hatch Stake
Market data and depth Live data with market depth for 40 levels Delayed at least 20 minutes Up to 15 minutes delayed Live data
Trading hours supported Pre-market: 5.5 Hours
Regular trading: 6.5 Hours
Post-market: 4 Hours
Total: 16 Hours
Regular trading: 6.5 Hours Regular trading: 6.5 Hours Regular trading: 6.5 Hours
Demo Account
  • US&HK stocks
  • US options (For funded account only)
  • US&HK Futures
Not supported Not supported Not supported
App features
  • Day trade supported
  • 8 order types supported
  • Price alert
  • Tiger investor community
  • News Centre
  • Fundamental and Technical analysis
  • Day trade not supported
  • 2 order types supported
  • Day trade not supported
  • 4 order types supported
  • Day trade supported for account with at least US$25,000
  • 3 order types supported
  • Analyst data for paid Stake Black account only

Features compared are true and valid at the time of review on 6 October 2022. This is for general reference only, Tiger Brokers cannot ensure any changes of features by the compared companies are reflected in a timely manner. For the latest updates and information, please review and check the respective' websites for more detailed information.

Pounce on market opportunities with streaming data

Active monitors function for pre- & post- market

Images displayed are for illustrative purposes only

Free real-time quotes with the latest stock price

Free in-depth market data with 40 levels of bids and asks

Decision making made easy with advanced tools

Over 38 technical indicators & 6 charting tools

Finding it hard to make your investment decision? Technical indicators are here to help:

  • Develop your trading strategies
  • Identify potential trading signals
  • Commonly used by active investors to analyse short-term and long-term price movements

Charting tools assist investors in identifying market trends:

  • Working with technical indicators to improve your analysis accuracy
  • Pairing with risk management tools to help you take advantage of market reversal

Evaluate your investments with in-depth companies analysis

Valuation | Fundamental | Technical | Financial

Images displayed are for illustrative purposes only

Smart stock filters to discover more investment ideas

Targeted searches with split-second results are all in the palm of your hand with Tiger Trade's comprehensive smart stock filters. Quickly and easily find lower PE companies, companies with revenue growth rates above 20% or market values above $200 billion.

Images displayed are for illustrative purposes only

Pricing

BROKERAGE
USD 0.0099 per share
Min. USD 1.99 per order
Get started
Pass through fees apply.
THOUSANDS OF US STOCKS AT YOUR FINGERTIPS
Brokerage Fees
Type Fees
Commission USD 0.0049 / Share
Min. USD 0.99 / Order
Max. 0.5% × Trade Value
Platform Fee USD 0.005 / Share
Min. USD 1 / Order
Max. 0.5% × Trade Value
Pass-through Fees
Type Fees
Settlement Fee USD 0.003 / Share
Max. 7% × Trade Value
SEC Membership Fee
(Charged for sell orders only)
0.0000229 × Trade Value
Min. USD 0.01 / Trade
FINRA Trading Activity Fee
(Charged for sell orders only)
USD 0.000145 / Share
Min. USD 0.01 / Trade
Max. USD 7.27 / Trade

Notes:

(1) Trading low-priced shares (e.g. share price less than USD 1) may carry high risk, including the risk of total loss and that of delisting. Investors should be cautious about buying or selling these shares. TFNZ charges a maximum brokerage fee of 1% and a maximum settlement fee of 7% of the trade value per order. A minimum brokerage fee applies if the calculated maximum brokerage fee per order is lower than the minimum brokerage fee per order.

(2) Settlement Fee is a pass-through fee charged by the US clearing agency and DTCC (US Depository Trust & Clearing Corporation) member TradeUP Securities Inc.

(3) SEC Membership Fee is a pass-through fee charged by SEC (US Securities and Exchange Commission) and is charged for sell orders only.

(4) FINRA Trading Activity Fee is a pass-through fee charged by FINRA (US Financial Industry Regulatory Authority).

(5) If there is any change in the fees charged by third parties such as exchanges and regulators, TFNZ will adjust the fees they charge on their behalf accordingly.

(6) For fractional share trading with trade volume less than 1 share, platform fee is charged at 1% of Trade Value, capped at $1. There is no commission or pass-through fees to apply. For fractional share trading with trade volume more than 1 share, normal US trading fees hereabove apply.

Other Service Fees
Type Fees
ADR Fee USD 0.01 - 0.03 / Share
Real-time Quotes Fee Free, subject to terms and conditions of related campaigns
Proxy Service Fee for Participating in the General Shareholders' Meetings USD 10 / Successful Application

Notes:

(1) ADR (American Depositary Receipt) Fee is charged by DTCC for stocks of non-US companies listed in the US Clients who held such stock positions in a past cycle will be charged ADR fees as required, regardless of whether they have a current position or not. Please refer to Tiger Trade's push notifications for information on the cycle period. Clients who have not held any non-US company's shares will not be charged ADR fees.

(2) Interested clients may choose from two ways of general shareholders' meeting participation application: (i) Client or proxy participates; (ii) Client votes. Proxy Service Fee for Participating in the General Shareholders' Meetings will be refunded to the client in the event that the application is unsuccessful.

Worldwide access from one account

Australia, US, Hong Kong, China, Singapore

US STOCKS

  • √
    Competitive brokerage fees
  • √
    Free real-time market data with depth
  • √
    Competitive FX fees, NZD ⇆ USD 0.35% per transaction

US OPTIONS

  • √
    Low brokerage fees
  • √
    Built-in Analytics (eg. Implied Volatility and the Greeks)
  • √
    Free demo account for practice

ETFs

  • √
    Easy investing across countries and currencies
  • √
    Diversify your portfolio across hundreds of assets, sectors and markets
  • √
    Choose ETFs that focus on specific concepts (e.g. ESG and Bitcoin)

ASX STOCKS

  • √
    Competitive brokerage fees
  • √
    Free market data
  • √
    Competitive FX fees

HKEX STOCKS

  • √
    Brokerage fees 0.06% of trade value
  • √
    Invest in Chinese Internet enterprises and tech companies
  • √
    Free market data

FUTURES

  • √
    Competitive brokerage fees
  • √
    24 hour access
  • √
    Over 100 global products to trade