Fees Schedule for Adviser Assisted Account (Sub Account)
Fee Type | Unit Trust | Stocks & ETFs |
Upfront Setup Fees | up to 5% | |
Wrap Fees | up to 2.5% per annum | |
Commission Fees | NIL | Please view link for more info: https://www.itiger.com/sg/commissions |
Platform Fees | ||
Other Fees Chargeable – Processing Fees & Third-Party Fees
Market | Type | Charges | Charged by |
US | Charges for Fractional Shares Trading | Please view link for more info: https://www.itiger.com/sg/commissions | Tiger Brokers |
SEC Membership Fee | SEC (U.S. Securities and Exchange Commission) | ||
Settlement Fee | U.S. Settlement Agency etc. | ||
Trading Activity Fee (Charged for sell orders only) | FINRA | ||
ADR (American Depositary Receipt) Fee | DTCC (U.S. Depository Trust & Clearing Corporation) | ||
SG | Trading Fee | SGX | |
Clearing Fee | SGX | ||
Custody Fee | SGX | ||
HK | Trading Fee | Please view link for more info: https://www.itiger.com/sg/commissions | HKEX |
Settlement Fee | HKSCC | ||
Transaction Levy | SFC | ||
Stamp Duty | Government of Hong Kong | ||
FRC Transaction Levy | Financial Reporting Council | ||
China A-Shares | Handling Fee | Please view link for more info: https://www.itiger.com/sg/commissions | SSE/SZSE |
Securities Management Fee | CSRC | ||
Settlement Fee | CSDC & HKSCC | ||
Stamp Duty (Charged for sell orders only) | STA |
TERMS DEFINITION
Sub Account
A sub account allows you to wrap all investments (unit trusts, ETFs, cash and other products) into one single account and enjoy lower transaction costs when switching between investment products. Switching between unit trusts is free with no additional upfront fee. However, do note that we do not offer free switching between different investment products (e.g. switching between unit trusts and ETFs). Through a sub account, your financial adviser will be able to have an overall view of the portfolio, make recommendations on a holistic level and manage the portfolio effectively by making changes to the investment allocation into different investment products, asset allocation, switching of funds or rebalancing of portfolio, at lower transaction costs. In return for this ongoing service, your financial adviser can apply an annual wrap fee (management fee) based on the value of all investment products wrapped in the account. As the amount of wrap fee is directly correlated to the performance of the portfolio, it aligns your financial adviser’s interest with you.
Upfront Fees
The fee is deducted upfront on investment subscription orders as agreed between the client and the financial adviser.
Wrap Fees (Management Fees)
An annual fee agreed between you and your financial adviser. It is charged based on the aggregate value of all investments in your sub account held with Tiger Brokers.
Commission Fees
The fees charged for executing buy or sell orders on behalf of investors in the stock market. This fee is charged on transaction basis.
Platform Fees
Charged by Tiger Brokers for the provision of services and/or administration of investment products. It is charged based on per order basis.
Platform Fees differs across different markets for ETFs and Stocks.
The Custodian Fee
A fee levied by Tiger Brokers for the safekeeping and administration of clients' assets, particularly securities such as stocks, bonds, mutual funds, and other investment instruments. The fee is deducted from client’s cash account quarterly.
It is calculated according to the combined value of all investments within the sub-account, structured across various tiers of investment amounts held with Tiger Brokers.
Other Charges and Third-Party Fees
These are processing and administrative fees charged by 3rd party for the transaction of ETFs, Bonds and Stocks. The fees include Custody Fees, Settlement Fees, Trading Fees & others…