- The commission-free limit card issued by Tiger can be used to waive the commission or platform fee on Tiger trades. The commission-free limit card has a certain limit, within which the client can use the commission-free trade until the limit is used up or the validity period of the commission-free limit card expires.
- The commission-free limit card will take effect immediately after activation. You need to use commission-free limit card within the validity period. If you have two or more commission-free limit cards of the same category, the validity period will be automatically extended.
- The commission-free limit card is pre-deducted and rebated afterwards. You need to place an order within the validity period of the commission-free limit card and the order should be filled before the commission-free trade can be successfully used. The commission-free limit card can be chosen when an order is placed in the Tiger Trade App version 8.0.8 and above (commission-free limit card in the older versions will not be available). If your order has matching commission-free trade, the system will automatically select the best commission-free trade for you when placing the order. If you want to cancel or change the commission-free trade, you can cancel or change it manually when placing the order.
(Notes: Orders bound with the commission-free trade need to be fully filled before the commission-free trade can be successfully used. If the order is fully filled after the commission-free trade expires, the commission-free trade will not be used successfully.)
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After the order is filled, the number of times that the Commission-free trades card will be deducted with 1. The commissions will be refunded to the client's Tiger account in the form of cash within 1 minute after the order is filled. Client may check the commission refund details through the Rewards Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
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Commission-free limit card needs to be used within the validity period, and any unused limit after the expiry date of the commission-free limit card will be automatically cancelled. After commission-free limit card is bound to an order, part of the limit for commission-free card will be frozen. If the order is fully filled, this part of limit will be deducted accordingly; if the order is not fully filled or cancelled, this part of limit will be refunded accordingly.