8) How do I downgrade from a margin account to a cash Account
To downgrade from a margin account to a cash account, please follow the below steps:
Send an email to clientservices@tigerbrokers.nz using your registered email address as per below:
- Email subject: The application of degrading account to cash account
- Body of the email:
Name:
Tiger Account number:
Registered phone number:
The reason why you would like to degrade the account:
The request to downgrade to a cash account can take up to 3 business days after the application has been received.
(Note: If the account currently has a position in options, futures and other derivatives, or has financing, pending orders, etc., then the downgrade application cannot be processed).