More value for investors
Competitive brokerage with no investment minimum or deposit
Advanced order types
Investors may use multiple order types to have more control over their trade
Take investing to the
next level
Stay on top of the market with breaking news feeds, macro-analysis and insightful investor commentary
Pricing
| 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 |
| Type | Fees |
|---|---|
| Settlement Fee |
USD 0.003 / Share Max. 7% × Trade Value |
|
SEC Membership Fee (Charged for sell orders only) |
0.0000229 × Trade Value |
|
FINRA Trading Activity Fee (Charged for sell orders only) |
USD 0.00013 / Share Min. USD 0.01 / Trade Max. USD 6.49 / 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.
| 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
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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
How we compare
| Amount to invest (US) |  |
Sharesies | Hatch | Stake | ASB Securities |
|---|---|---|---|---|---|
| $100 in Twitter | $2.36 | $0.90 | $3.50 | $1.00 | $90.00 |
| $500 in NIO | $3.82 | $4.50 | $5.50 | $5.00 | $90.00 |
| $1000 in Apple | $5.52 | $9.00 | $8.00 | $10.00 | $90.00 |
| $2500 in Tesla | $10.76 | $22.50 | $15.50 | $25.00 | $90.00 |
| $5000 in S&P 500 ETF | $19.54 | $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: 1 July 2022. Visit the respective companies' websites for the most up-to-date information.
View detailed fee breakdown and calculations:
| 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 $0.00013 per Share |
| 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% | nil |
| ASB Securities | 0.8% minimum $50 |
Not disclosed | 0.4% minimum $40 per order |
Closing stock price as at 1 July 2022 (EST):
Twitter (NYSE: TWTR) - US$38.23
NIO (NYSE: NIO) - US$21.36
Apple (Nasdaq: AAPL) - US$138.93
Tesla (Nasdaq: TSLA) - US$681.79
SPY (S&P 500 ETF) - US$381.24
| Brokerage fee | FX fee | Pass-through fee | Total | |
|---|---|---|---|---|
|
$1.99 | $100*0.35% = $0.35 | $0.003*3 + $0.01 = $0.019 |
$2.36 |
| 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 |
| Brokerage fee | FX fee | Pass-through fee | Total | |
|---|---|---|---|---|
|
$1.99 | $500*0.35% = $1.75 | $0.003*24 + $0.01 = $0.082 |
$3.82 |
| 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 |
| Brokerage fee | FX fee | Pass-through fee | Total | |
|---|---|---|---|---|
|
$1.99 | $5000*0.35% = $17.5 | $0.003*14 + $0.01 = 0.052 |
$19.54 |
| 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 | |
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 |
|
Not supported | Not supported | Not supported |
| App features |
|
|
|
|
Features compared are true and valid at the time of review on 1/7/2022. 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 companies' websites for more detailed information.
