Why invest in US market?
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
| 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:
| 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 |
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
| 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 |
| 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 |
| 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 | |
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 |
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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
| 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 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.
| 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
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Competitive brokerage fees
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Free real-time market data with depth
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Competitive FX fees, NZD ⇆ USD 0.35% per transaction
US OPTIONS
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Low brokerage fees
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Built-in Analytics (eg. Implied Volatility and the Greeks)
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Free demo account for practice
ETFs
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Easy investing across countries and currencies
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Diversify your portfolio across hundreds of assets, sectors and markets
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Choose ETFs that focus on specific concepts (e.g. ESG and Bitcoin)
ASX STOCKS
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Competitive brokerage fees
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Free market data
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Competitive FX fees
HKEX STOCKS
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Brokerage fees 0.06% of trade value
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Invest in Chinese Internet enterprises and tech companies
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Free market data
FUTURES
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Competitive brokerage fees
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24 hour access
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Over 100 global products to trade