How to buy ASX stock on Tiger Trade?

05 Dec

title

The Australian Stock Market: A Goldmine of High Dividends, Mining, and Financial Giants

For both domestic and international investors, the Australian stock market is a treasure trove of opportunities. The S&P/ASX 200 Index tracks Australia's top 200 companies across a diverse range of industries, from mining giants to banking leaders. Known for its more stable long-term growth and high dividend yields, the Australian market has delivered an annualised return of approximately 7%-8% over the past 20 years.

Why invest in ASX stocks?

  1. High Dividends The ASX is known for its 4%-5% dividend yields, supported by franking credits that make returns more tax-efficient for Australian residents.

  2. Trusted Blue-Chip Companies There are familiar names like the Commonwealth Bank, Telstra, and BHP—reliable, everyday companies with strong market positions.

  3. Resource Powerhouse Australia’s natural resources sector is globally dominant. Investing in companies like BHP and Rio Tinto offers exposure to the world’s demand for commodities.

Why trade the ASX with Tiger Trade?

Tiger Trade offers CHESS-sponsored ASX investments, real-time market data, and low fees for a smooth, more secure experience tailored to local investors.

How to buy ASX stocks on Tiger Trade:

  1. Open an account: Click here to register, submit your details, and fund your account.

  2. Download the Tiger Trade app: Log in, search for the stocks/ETFs you’re interested in, and add them to your watchlist.

  3. Place a trade: On the stock’s detail page, click “Buy.” For market orders, input the number of shares you want to buy; for limit orders, set your desired price and quantity.

  4. Manage your portfolio: In the app, go to “Portfolio - Orders” to track your order history and pending trades. To sell, simply click “Close”.

Stay up-to-date with the ASX market in the app’s Market - Stocks - AUS section for real-time trends and top-performing stocks.

Disclaimer:Investing carries risk. This is not financial advice and should not be regarded as a solicitation or recommendation of acquiring or disposing of financial products. Any content being discussed, shared, and commented on does not consider your personal investment objectives or financial needs. Tiger Brokers (AU) assumes no warranty or responsibility for the accuracy and completeness of the information. Past performance is no guarantee of future results. Graphics and charts are for illustrative purposes only.

A better way to master investing

Sign up