Joining Bonus $10 Voucher, 1 Free Apple Share + 1 Free Share with Deposit or Transfer of A$3000 Worth of Shares @ Tiger Brokers

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Joining Bonus $10 Voucher, 1 Free Apple Share + 1 Free Share with Deposit or Transfer of A$3000 Worth of Shares @ Tiger Brokers

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Cashback

dpk on 05/04/2022 - 20:13 tigerbrokers.com.au (3283 clicks)
Last edited 06/06/2022 - 13:45 by 3 other users

Get a Stock Voucher of AUD 10 once a new client successfully completes the Account Opening. Get one Apple share (Nasdaq: AAPL) and win a free share by lucky draw on your first qualifying deposit of at least AUD 3000.

The available stocks in the lucky draw game include Tesla Motors share (Nasdaq: TSLA), Apple share (Nasdaq: AAPL), Uber share (NYSE: UBER), Twitter share (NYSE: TWTR), Virgin Galactic share (NYSE: SPCE) and GoPro share (Nasdaq: GPRO). The clients will randomly receive one of the available stocks, which will range in value up to USD 1000. Most clients receive a stock bonus that has a value of less than USD 50.

Welcome Prizes Terms and Conditions

1) 1 Free AAPL Share (Deposit or Transfer of $3000 required) +
2) 1 Free Share of TSLA, AAPL, TWTR, UBER, GPRO or SPCE (Deposit or Transfer of $500 to $3000 required) +
3) 1 $10 Free Stock Voucher +
4) $0 brokerage for US & AUS shares for first 3 months
5) Cheap Currency Conversion Fee AUD ⇆ USD 37 BPS Per Transaction
6) After earning 3500 coins can buy 1 Alibaba stock for 10% off
7) After earning 4500 coins can buy 1 Meituan Stock for 10% off
8) Users who get the feedback email can get $80 or $40 Amazon or Coles voucher
9) Some users can get online feedback notification for $2 Stock Voucher

Referral Links

Referral: random (247)

Referrer gets US$50 of fractional shares.

Financial Share Trading

30 Jun 2022

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closed Comments

- mountaineer on 06/04/2022 - 10:38
  
  +1
  
  yes, your aussie tfn
odysseus on 06/04/2022 - 03:18

-2

Too much hassle and risk for the 'free' bonuses. Not a fan of sharing financial details, or things only working if you do things only the way they permit. Pass from me.
Aerith-Waifu on 06/04/2022 - 04:26

Whats the timeframe to do the 5 share trading before i can sell and withdraw? What if I deposit the $3000, got the Apple Share, then leave the Apple Share in there for 10 year and after 10 years I suddenly remembered I want to withdrew the money sold on the apple shares?
- dpk on 06/04/2022 - 07:29
  
  You can do it
OrangeBJ on 06/04/2022 - 07:19

+1

I did a test deposit. Where I can find if it sits in my account?
- Usemame on 06/04/2022 - 07:23
  
  +1
  
  did poli last night but cant see the fund yet. only successful request
  - OrangeBJ on 06/04/2022 - 07:29
    
    I don't even know where to check the balance :(
    - dpk on 06/04/2022 - 07:36
      
      +1
      
      Within the app check
      Trade > More > Fund details/ Funding Record/ Currency exchange /
      Trade > Account
      - OrangeBJ on 06/04/2022 - 09:01
        
        @dpk: thanks. Found it.
- CharcoalChicken on 06/04/2022 - 11:39
  
  +1
  
  I also did a test deposit of $1 and I'm worry this might disqualify me for this free AAPL share.
  There were people mentioned they received app notification soon after the first deposit of $3000 dollar was received in tiger.
  My second deposit of $3000 has gone through but I still haven't received any notifications about the free AAPL share…:(
  
  1) The first tier of prizes
  
  Once new clients make their first account deposit or transfer of shares^ amounting to at least AUD 3,000 (or equivalent in other currencies) after opening an account with TBAU, the client will receive one free share of Apple (Nasdaq: AAPL) and one lucky draw chance* to win one free share as listed in the second tier of the lucky draw game.
  - dpk on 06/04/2022 - 12:25
    
    Speak to customer service, I don't think that would affect.
  - truetypezk on 06/04/2022 - 13:10
    
    +1
    
    You will get an immediate notification after the fund hits your account if you qualify. It is pretty clear according to the T&C it has to be the first deposit but I guess you can try complaining to them.
Ash-Say on 06/04/2022 - 07:24

How many people got Apple share after their deposit?
- dpk on 06/04/2022 - 07:39
  
  +1
  
  You will see Notification in
  Me > Alarm icon (Message Centre), it will be displayed in Portfolio within 10 business days. It can take less than that also.
- kodoq on 06/04/2022 - 15:58
  
  +1
  
  Deposit money on Sunday, in the account by Tuesday, AAPL by Wednesday.
dbargainhunter on 06/04/2022 - 07:45

What are the chances they won't go QuanrigaCX on everyone? Of course this is a lucrative way of raising capital, but why so generous?
- dpk on 06/04/2022 - 08:15
  
  +1
  
  It's a listed company TIGR and SiPC member, doing business from 2014
Talsek on 06/04/2022 - 09:45

+3

Did bank transfer last night and don’t see anything :(
- lasertip on 06/04/2022 - 10:35
  
  +1
  
  Same.. still waiting
  - Talsek on 06/04/2022 - 10:41
    
    +1
    
    just checked with them on the phone. The first deposit takes 1-3 bussiness days to confirm (:
Cluster on 06/04/2022 - 10:07

Are there any tax issues with owning foreign shares on this platform? I don't mean capital gains tax here, as that's the obvious one. I'm thinking of owning US shares. Any risk of having to fill out tax information in a foreign country, etc? I would rather not bother if that's the case.
- netsurfer on 06/04/2022 - 10:13
  
  +2
  
  Only if you are an US citizen I think. You do need to report dividends to ATO and they are basically unfranked dividends. Capital gain and capital loss do apply. People keep on worrying about capital gain tax. My current issue is I have more capital loss (FOMO on shares can easily be more costly than FOMO on toys). If you are that good and know you will get capital gain for sure, then it is just a matter of working out how much % you believe you will get and see if it is worth it. It's not just that, foreign exchange rate can affect your gain / loss too.
- dpk on 06/04/2022 - 12:30
  
  You are not alone, everyone has to do it.
  For US Stocks, All brokers fill W8-BEN form, without this broker will cut 30% regardless of you make profit or not, they don't track your average price, SELL security triggers it. This form will make Capital gains 0%, Dividends 15% because you pay the CGT in Australia.
  - netsurfer on 06/04/2022 - 15:01
    
    Wait, so they take 15% out of dividends even if you filled in that form? If so, is that 15% tax deductible here?
BargainHunterAye on 06/04/2022 - 10:33

Can you trade with the initial $10 voucher straight away? Can't seem to do that on my end.
- Newgod on 06/04/2022 - 10:35
  
  It's reimbursement so you have to trade with your money first
  - hanofee on 06/04/2022 - 14:01
    
    will that voucher offset the trading fee only (which is free for new users anyway) or it'd reduce the amount we trade as well?
    - Newgod on 06/04/2022 - 17:51
      
      It covers all cost (brokerage and share price)
sh4hp on 06/04/2022 - 10:39

Anyone did a bank transfer from non-commbank and got it?
- [Deactivated] on 06/04/2022 - 10:45
  
  pending verification but seems like accept any BSB and account number.
  - sh4hp on 06/04/2022 - 10:50
    
    So where do we see this transaction? I keep refreshing the deposit page on the app, but not seeing anything there
    - wordsmith on 06/04/2022 - 11:18
      
      Click on deposit option again, select Poli, the next screen will show an option for current deposit requests. This works on the app too.
      
      If you have the app, click Trade - More - Funds Record or Fund Details
- hanofee on 06/04/2022 - 14:02
  
  yes, transferred last night, arrived just around noon today
wordsmith on 06/04/2022 - 11:16

+1

Created my account using a referral code from here, was activated with in a few minutes. Deposited 3100 using POLI via NAB, received a deposit confirmation in under 5 minutes, and an alert for the Apple share was issued too. Only saw $10 in rewards so it seems either referral code benefit or new account benefit of $10 was given.

I have never held a trading account before so have a long way to learn.
yitasha on 06/04/2022 - 11:28

so can I deposit $3000, grab the free shares and make 5 trades with 0 fees, then withdraw everything?
And is the conversion rate locked, I saw it says $1 AUD = $0.7 USD, is it the same backward when I withdrawl?
- dpk on 06/04/2022 - 11:52
  
  Yes, not sure about locking conversion rate.
d-hunterz on 06/04/2022 - 11:44

Can you use referral and still get all these bonuses?
- dpk on 06/04/2022 - 11:52
  
  Yes
furic7 on 06/04/2022 - 12:07

+1

I did that a month ago and I can confirm I've got the APPL + UBER.
- wordsmith on 06/04/2022 - 12:13
  
  just finished a "draw" on my account, ended up with Virgin Galactic :-\
  - Charlie Dont Surf on 06/04/2022 - 12:21
    
    Fell 9% overnight. You've acquired it on a dip. It's to the moon from here!
- sh4hp on 06/04/2022 - 15:47
  
  I got gopro, for what it's worth
wordsmith on 06/04/2022 - 12:40

+3

Did people withdraw their deposit right after Apple share showed up under rewards, or waited until it was under Portfolio?
Gazpacho on 06/04/2022 - 12:59

Are there any fees associated with just keeping the account open?

Thinking of just getting the 1 AAPL share and holding it for 20 years…if no cost to me why not, don't need the A$200 now
- dpk on 06/04/2022 - 13:36
  
  No account keeping fee
ribze1 on 06/04/2022 - 13:33

How are people finding this broker thus far?
- dpk on 06/04/2022 - 13:37
  
  It's user friendly once you get used to the mobile app. Windows desktop app is the best you can get anywhere.
zooter on 06/04/2022 - 13:40

can you transfer ASX shares to them and how much does it cost for transferring $3000 worth of shares? Is it dependent on the share price or total cost and who charges this cost (these guys or my broker)?
Cluster on 06/04/2022 - 14:06

Okay, account opened. The form asked me for a 'Card number', under the Passport/Licence box. That's not very clear, so I just put in my credit card number. I assume that's what they want…

The sign up form does ask about your trading and finance awareness. I assume this is because the broker allows the buying of puts and calls, which can get people into a lot of trouble quickly.
- hanofee on 06/04/2022 - 14:09
  
  I put my DL number too on that box. It worked. I guess that's a bug.
  The finance awareness thing is just ASIC mandate I believe, every broker have to put that as u can lose (lots of) money too even without options.
bargain_knight on 06/04/2022 - 14:27

Isn't Stake cheaper even with zero dollar brokerage?

The settlement fees on my trade were $7.50.
- dpk on 06/04/2022 - 14:51
  
  I haven't traded ASX stocks on this, only US. Still the brokerage is $0 for first 3 months. Not sure where the $7.50 coming from.
  
  I see commission platform fee of $0.00.
  - bargain_knight on 06/04/2022 - 15:12
    
    +1
    
    ASX stocks have settlement fees of 0.03% of the trade value.
zooter on 06/04/2022 - 15:11

really weird that the deposit amount is shown as USD in the app. Does it mean that it is subject to fluctuations when you withdraw?
- hanofee on 06/04/2022 - 15:12
  
  no, the email literally said: Your account assets will be calculated in USD, however, Tiger will not automatically exchange your deposit into USD
fruitysalad on 06/04/2022 - 15:20

+9

Want to get more eyes on this disclaimer in the T&C (first brought up by @axlfan)

By participating in the campaign and receiving the prizes in your account, you agree that you will only withdraw the proceeds generated from the prizes after you have incurred a trading commission higher than the value of the prizes at the time of receipt.

Wouldn't this make it a lot harder if you just want to benefit from the free shares? You have to rack up commissions of more than $200?
- Cluster on 06/04/2022 - 15:34
  
  +2
  
  And there it is. There are no free shares being given away by Tiger Brokers. You're paying for them anyway.
  
  Both the AAPL and other share are both classified as 'prizes' so sorry, you're not getting any free money.
  - zooter on 06/04/2022 - 15:41
    
    +2
    
    well technically if the shares go up 10x in future, then you can still spend say $200 on the platform and sell the APPLE share in future netting you a profit?
  - fruitysalad on 06/04/2022 - 15:43
    
    +2
    
    Yeah, this disclaimer feels like a standard disclaimer they would put under all offers. It may have been an oversight, especially when you look at the less restrictive rule in the T&C itself:
    
    Clients that obtained a free share agree that they will only be able to withdraw the proceeds generated from the sale of that share after they have completed a minimum of five trades, in which the price of a single share is greater than 1 USD. The share price should be above 1 USD, a share price that is below 1 USD in a trade will not be counted.
    
    So maybe this is the actual rule, the other thing is just a standard clause that they slapped on on all campaigns?
    - mountaineer on 06/04/2022 - 21:04
      
      +2
      
      This is the right one.
- Newgod on 06/04/2022 - 17:58
  
  Haven’t sold my Apple but I think trading commission includes your free share selling too. This only implies that you must do some trading before withdrawing the money from free share selling, hence the 5 trade requirement as mentioned in other comments.
  
  Happy to be corrected if anyone has tried selling and withdrawing their Apple shares.
zooter on 06/04/2022 - 15:33

really strange, they need your bank account statement to authenticate (or screenshot). Unfortunately, in NAB, screenshot does not show full name and statement gives away too much personal info. You would think they would have better authentication mechanisms (like Paypal does by depositing a random amount <$1)

Not convinced, i'm gonna take my bonus and withdraw my money asap

edit: authentication happened within minutes, so they're using some automated system probably, not a manual verification…
KDang on 06/04/2022 - 15:45

Thanks OP for the post, Gl on the wheel I have used your referral link.

Can confirm this is legit, signed up last night and got my shares today, got 1 apple and and GoPro share.

Notes:
-First deposit through poli takes about 1hr to come through.
- the $10 voucher works by rebating you on first transaction, I had no idea and did first transaction on a $1 penny stock.
- Jason Genova on 06/04/2022 - 15:47
  
  did you transfer 3k?
  - KDang on 06/04/2022 - 15:50
    
    Yes I did, you need to transfer 3k to get the Apple share. You can withdraw your funds after without fee.
    
    One thing to add, what I don’t like is you got to play around with the currency to transfer all your funds out because you can’t change cents.
    E.g if you had $50.80 USD and need to withdraw to bank acc, you can only transfer $50 back to Aud.
26ers on 06/04/2022 - 15:47

Is this promotion stack with the referral program as well?
- dpk on 06/04/2022 - 15:49
  
  Yes
Deals For Days on 06/04/2022 - 16:24

Is there an issue having to deal with US tax filings for the free Apple share?
- netsurfer on 06/04/2022 - 16:50
  
  You need to make 5 trades anyway. Honestly, if you are really only interested in that 1 Apple share, I don't think US IRS or AU ATO will give you trouble.
  
  It doesn't make sense to waste valuable resources to chase up greedy people like us for 1 Apple share. Sorry to disappoint you, but we are not rich enough (sorry, maybe you are rich, but I don't even have enough cash to deposit $3000).
- dpk on 06/04/2022 - 17:04
  
  No
Aerith-Waifu on 06/04/2022 - 16:58

So the day when you receive the 1 free Apple share, say it was received on the 20th of this month, and at the time it was worth $250, this $250 will then be added to the end of the year tax income? Or do you only add the income when you sold the apple share at whatever the price you sold at the time?
- dpk on 06/04/2022 - 17:04
  
  When you sold
- netsurfer on 06/04/2022 - 17:17
  
  You still need to keep track of the date when you have the share as this is a capital gain event. If you do not have any capital loss to offset that gain, then after 1 year, you pay less capital gain. If you do have capital loss to completely offset that gain, then there is no benefit holding onto it for more than 1 year (unless you believe Apple share price will go up a lot).
  - Aerith-Waifu on 06/04/2022 - 17:23
    
    So if receive the 1 apple share and i leave this in my account for 10 years, there is nothing i need to do about it? No tax reporting at all? Sounds confusing………..
    - USER DC on 06/04/2022 - 17:44
      
      +1
      
      Yes if you didn't sell it you didn't make any profit. And no you dont want to be asking for paying taxes everytime the share value of your portfolio rises, if that's the case, I should have gotten my capital losses covered a long while ago.
      - Aerith-Waifu on 06/04/2022 - 17:48
        
        @USER DC: Wow sounds like a really good deal then. I might go with this as I have no intention of selling it now. Thanks many
        
        Charlie Dont Surf on 06/04/2022 - 17:58
        
        @Aerith-Waifu: Any dividends need to be included in your assessable income for the year in which they're paid. These will be foreign-sourced income in the case of Apple.
        
        Aerith-Waifu on 06/04/2022 - 18:15
        
        @Charlie Dont Surf: Ah! Good advice, 22c was paid, it may cost more to have an accountant to add that 22c than actually doing it.
        
        USER DC on 06/04/2022 - 18:07
        
        @Aerith-Waifu: Keep in mind if the value goes down, you cannot gain any profit then, nor will you gain any money from that instead you might end up loosing money. (IF YOU INVESTED YOUR MONEY INSTEAD OF GETTING IT FOR FREE).
        
        Sometimes it may be better to just sell stock, to avoid any further losses. like many Zip owners who have lost so much, they hope they could have sold that garbage a long while ago.
        
        Aerith-Waifu on 06/04/2022 - 18:13
        
        @USER DC: Sorry what do you mean if the value goes down there will be no profit gained? Even if its sold at $130 there would still be profit?
        
        ZIP and Sizzle…………i have to say I am surprised they will actually let the merger goes through consider the company position. There is no way Zip is worth 1b as its bad debts was at 20% by memory?
        
        USER DC on 06/04/2022 - 18:17
        
        @Aerith-Waifu: e.g. It is currenty $200 ish, IF you had invested your own money (aka not gotten the share for free) then if the share went to $130, then you lost $70.
        Plus no, government will not pay you $70 for your loss, UNLESS YOU MAKE A PROFIT OF $70 somewhere else. So you wish you never bought that garbage or disposed that garbage when it came down to like 180 or something.
        
        Here ofcourse it is received for free, so you wont actually lose any real money of yours.
        
        Aerith-Waifu on 06/04/2022 - 23:44
        
        @USER DC: Thanks for the info. Sounds good deal however I am getting my accountant to do all my taxes, these dividend alone is going to cost me more money in fees than its actual worth over the year. I will pass.
    - netsurfer on 06/04/2022 - 22:38
      
      There IS reporting each year needed for 1 Apple share because Apple DOES pay dividends (4 times a year). That needs to be reported every year.
      
      I am not sure whether it is possible, but since it is a condition to deposit $3000 to get that 1 share, if you have an investment loan, you can redraw from that loan for $3000, and the interest you pay on that $3000 is tax deductible. However, once you withdraw back and put it back into your loan, you cannot claim that.
zooter on 06/04/2022 - 17:25

moomoo also providing 1 free apple share if you want to build up your apple shares portfolio…lol…i think a bunch of apple shares were issued to these companies?

https://www.ozbargain.com.au/node/693044
Charlie Dont Surf on 06/04/2022 - 18:17

By participating in the campaign and receiving the prizes in your account, you agree that you will only withdraw the proceeds generated from the prizes after you have incurred a trading commission higher than the value of the prizes at the time of receipt.

This needs to be clarified for me to join.
- Aerith-Waifu on 06/04/2022 - 18:24
  
  whats that mean in english?
- dpk on 06/04/2022 - 18:48
  
  It may be some standard policy but they can't enforce such things in reality.
  - Cluster on 07/04/2022 - 10:08
    
    +1
    
    Why not? Tiger decides whether you can withdraw the money from sold AAPL shares, not you nor I.
    
    This offer is beginning to look more like those emails I get from online casinos: 'Free* $1000 when you join'
    
    *Must play at least 1000 spins of roulette, and deposit $10k to qualify.
stemcellsss on 06/04/2022 - 18:57

+5

CAUTION: as per condition 3.2 those who have deposited a small amount initially, not equal or above any of the deposit rewards requirements, will not be eligible for rewards. I, unfortunately, transferred $1 at the start to test and the rest ($3k) on the second transaction and have just spoken with their support team. They've told me that I am not eligible as the transfer of $1 was my first transfer.
- Gazpacho on 08/04/2022 - 22:09
  
  Thanks for the warning!
hotdogwater22 on 06/04/2022 - 19:05

Confirming I recieved an apple share and virgin galactic share after depositing $3k yesterday via Poli.

EDIT: for further clarification I did 5 trades of a random petroleum explorer on the NASDAQ to mee the 5 trades of >$1 each
- Aerith-Waifu on 06/04/2022 - 19:35
  
  How much fees did it cost you for the 5 trades?
- [Deactivated] on 06/04/2022 - 19:41
  
  +1
  
  I got them as well. Spent about aud $10 to buy random $1 shares 5 times. Requested withdraw for the rest and is in review now. Will see how long does it take.
  - jimwh on 06/04/2022 - 22:41
    
    Please let us know how you go.
  - truetypezk on 06/04/2022 - 23:47
    
    +1
    
    Refer a friend and cash in the value of the vouchers. You will be better off by another $100-ish.
  - USER DC on 07/04/2022 - 04:50
    
    are they asking bank statement or something for withdrawl?
    - [Deactivated] on 07/04/2022 - 07:43
      
      Yup for account ownership validation.
Ash-Say on 06/04/2022 - 20:08

When I try to buy stock, it's asking for 6 digit trade password. Which one is this?
- Newgod on 06/04/2022 - 20:16
  
  If it’s first time asking then it’s for setting up new password
- dpk on 06/04/2022 - 20:20
  
  Install Tiger Key app which will generate pin

This was posted 2 years 2 months 9 days ago, and might be an out-dated deal.

Joining Bonus $10 Voucher, 1 Free Apple Share + 1 Free Share with Deposit or Transfer of A$3000 Worth of Shares @ Tiger Brokers

Referral Links

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