Below is a breakdown of Tiger Brokers Australia's revenue streams, providing full clarity on how our business operates.
We generate revenue through the following channels:
Brokerage fees on stocks, ETFs and options on US, Hong Kong and AU exchanges.
Exchange rate fee on currency conversions (AUD, USD, HKD, SGD, CNH).
Net interest earned on uninvested cash balances - difference between interest rate earned by clients and interest rate received from bank where the funds are held. Click here to learn more about the client idle cash interest rate. This spread allows us to offer competitive financial services while maintaining a sustainable business model.
Other fees, such as market data services fees and fees for position transfer-in and out.
Clarifying our Zero Brokerage & FX fees campaign
We understand that some clients may wonder how we make money while running our Zero Brokerage US & ASX Trading & Zero FX Fees campaign. This initiative is a marketing campaign, and the cost rebates are classified under marketing expenses.
This promotional offer is designed to help our new clients experience the benefits of trading with Tiger Trade. While brokerage fees remain an important revenue source for us, we periodically invest in marketing initiatives like this to drive business growth.
