For individuals exploring trading opportunities in the US markets, understanding the costs associated with such activities is essential. Tiger Brokers offers a clear and straightforward fee structure for trading US stocks and ETFs, which may be of interest to those who actively engage in trading on these markets. This blog post will detail Tiger Brokers’ fees for trading US stocks and ETFs and highlight the benefits associated with their service.
Tiger Brokers Fee Structure for US Stocks & ETFs
Tiger Brokers has designed its fee structure to accommodate both small and large volume traders in the US markets:
– Flat Brokerage Fee: For transactions involving up to 200 shares per order, Tiger Brokers charges a flat fee of USD 2. This fee structure is particularly straightforward and manageable for traders handling standard volumes of shares.
– Additional Shares: Beyond the initial 200 shares per transaction, the cost is USD 0.01 for every additional share. This incremental fee ensures that larger trades remain economical for active traders.
– Third-Party Trading Fees: It is important to note that third-party trading fees may apply, which are standard across the industry and vary depending on the specific securities traded and the trading platforms used.
Benefits of Trading US Stocks & ETFs with Tiger Brokers
Trading with Tiger Brokers comes with several notable advantages:
Wide Selection of Securities
Tiger Brokers provides access to over 19,000 US stocks, ETFs, and OTC securities. This extensive range allows traders to explore various investment opportunities across different sectors and asset classes.
24-Hour Trading
The platform supports 24-hour trading for over 9,500 US stocks. This feature is particularly beneficial for traders who wish to react quickly to global market changes and news events that occur outside of traditional trading hours.
Access to Free L2 Real-Time Data
Tiger Brokers offers free Level 2 (L2) real-time data with market depth, which is a valuable tool for traders. This data provides insights into the market’s depth and liquidity, helping traders make more informed decisions based on the latest market activity.
Conclusion
Tiger Brokers offers a transparent and competitive pricing model for trading US stocks and ETFs, complemented by significant benefits such as a wide selection of securities, 24-hour trading capabilities, and access to detailed real-time market data. These features enhance the trading experience by providing essential tools and information that can assist in navigating the US markets.
