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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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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 (396)

Referrer gets US$50 of fractional shares.

Financial Share Trading

Related Stores

Tiger Brokers
Tiger Brokers

closed Comments

  • acAgenCy1 on 05/04/2022 - 20:30
    +19

    too good to be true? an AAPL share alone is worth over $200 AUD at the time of writing

  • vietbargain on 05/04/2022 - 20:30
    +3

    wondering what the catch is

    • dpk on 05/04/2022 - 20:37
      -4

      No Catch, you can sell off and withdraw as soon as you get the free shares.

      • Revrnd on 05/04/2022 - 21:08
        +11

        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.

        Tiger T's & C's.

        • No ONE on 05/04/2022 - 21:16

          buy penny (a dollar) stock then.

          • netsurfer on 05/04/2022 - 21:33
            +1

            @No ONE: Minimum of 5 trades. Not sure what pass through fees mean.

        • fruitysalad on 06/04/2022 - 12:10

          The trades can be ASX trades right? As long as the price is greater than the AUD equivalent of 1 USD?

          • dpk on 06/04/2022 - 12:20

            @fruitysalad: If you have a stock voucher, I would recommend spending bit more than the voucher amount, so to make sure you get full amount reimbursed

            • matbargain on 15/04/2022 - 17:18

              @dpk: I think the value at the time of purchase vs the time of sale is the CGT. The free offer I’m not counting as my base price

    • tobinm on 05/04/2022 - 20:55
      +1

      Cant comment on the service provider, but in general a catch might be a CGT event when selling, so minus tax at your assessable income rate.

      • netsurfer on 05/04/2022 - 21:40
        +1

        Still at least $100 in the pocket. The real catch is those 5 trades. There are foreign exchange rate to take into consideration. If you ended up getting CGT after all that, it is still a good thing.

        • tobinm on 05/04/2022 - 21:59
          +2

          Yeah agreed. Was more just generally pointing out for anyone getting into CGT events for the first time.

          Could also be a good way to claw back $200 worth of crypto loss offset if you started trading in November/December lol.

      • PirateKingJack on 11/04/2022 - 23:58

        Though regarding CGT, if you're patient you can hold it 12 months for the CGT discount. Even if it drops, it's unlikely to drop more than the discount difference.

    • bargainhunter17 on 09/04/2022 - 21:57

      There is no catch. It's a good deal. 4 of my friends did it and they all got a free Apple share and also a free SPCE Virgin Galactic share which is only worth about $9 USD. Nobody got TSLA that I know of yet.

  • Alpha-q on 05/04/2022 - 20:34

    Same,also its a guarantee that the other share will be given?

  • pgsheng on 05/04/2022 - 20:38
    +5

    They are legit, have been using them for almost 2yrs now back in NZ. They are just starting in here, my previous bonus and referrals all worked well.

  • Newgod on 05/04/2022 - 20:38
    +2

    Can vouch for its legit. I got Apple free share last time when the requirement deposit was $10k. My partner got her free share with $3k deposit too.

    • abc on 05/04/2022 - 20:40

      first deposit has to be that amount I take it? Can you move the money out straight after receiving the bonus shares?

      • dpk on 05/04/2022 - 20:41
        +1

        yes, you can sell and withdraw everything

        • TaurusHead on 05/04/2022 - 20:55

          Any fees or loss of money in transferring back??

          • Newgod on 05/04/2022 - 21:00
            +3

            @TaurusHead: No fee for me. I withdrew in the same currency and bank account used for deposit

    • goodfella on 05/04/2022 - 21:05
      +5

      Seems like they updated T&C since then:
      "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."

      • Newgod on 05/04/2022 - 21:08
        +6

        Same T&C with last time, you can withdraw your 3k deposit right away. The free share would be granted immediately but 5 trades are needed to sell and withdraw free share.

        • Revrnd on 05/04/2022 - 21:09

          Yeah, just saw that myself. Free share deposited within 10 business days.

    • axlfan on 06/04/2022 - 10:56
      +1

      Lucky that your partner joins you in these endeavors. Mine uses only the bank or offset account and is risk averse.

      She might have the last laugh after all who knows.

  • Ozfanmel on 05/04/2022 - 20:46

    Referrer get upto 100 AUD voucher not much difference for referee. Thats drawback but apple share (200 AUD) + 10AUD+1free share is best offer i have seen so far.

    • abc on 05/04/2022 - 21:15

      So you can stack it with the referral?

      • Ozfanmel on 05/04/2022 - 21:23

        Yes I have referred my friend and I got 100 AUD (5*20 AUD)

        • dpk on 05/04/2022 - 22:03

          For every 2 referrals of deposit >=$500, You will get a Lucky draw Chance to get 1 Free Share of TSLA, AAPL, TWTR, UBER, GPRO or SPCE

        • Usemame on 07/04/2022 - 21:39

          Did you have to order 5 separate trades to use them or was one 100AUD worths order enough?

          • Ozfanmel on 07/04/2022 - 21:41
            +2

            @Usemame: 5 orders. It’s easy. Buy one share for 500. Then add just additional share of one or equal to 20AUD . I did bought 10bhp, then 4 times 1bhp. Sold all of them in 10 mins.

  • jar-unit on 05/04/2022 - 20:56

    how long do you need to keep your initial deposit in there for to get the free share?

    • Newgod on 05/04/2022 - 21:02

      Once they receive the deposit, free share would be processed right away (less than a day to me)

      • jar-unit on 05/04/2022 - 21:41

        thanks, just deposited via Poli pay but it hasn't gone through yet, hopefully goes through soon

        • zooter on 06/04/2022 - 14:47

          how long did it take for it to get reflected in your account?

        • TaurusHead on 06/04/2022 - 18:53

          Has your funds deposited or not?

  • Phoebus on 05/04/2022 - 20:57

    Are they real brokers, or market makers?

  • Serapis on 05/04/2022 - 20:58

    Free Share of TSLA

    This is ~$1145.45 USD per share at the moment so I find that really hard to believe

    • klef on 05/04/2022 - 21:01

      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.

    • Newgod on 05/04/2022 - 21:04
      +5

      The chance is very slim, most would get GoPro or Uber

  • spychiatrist on 05/04/2022 - 21:02

    Is it CHESS-sponsored?

    • Newgod on 05/04/2022 - 21:12

      I think no, wouldn’t use it for longterm trading

      • Kenryuichi on 05/04/2022 - 22:56

        Could you recommend one for longterm trading ?

        • dpk on 05/04/2022 - 23:02

          For ASX Stocks: Stake
          For US Stocks: Charles Schwab or Tiger brokers

        • Newgod on 05/04/2022 - 23:10

          For ASX, any brokers with CHESS-sponsored stocks. I’m currently with Stake due to the best brokerage fee of $3. They have 1-year free brokerage offer for stock transfers of $2000 or referrals.
          For US, I barely trade but it seems all US stocks follow custodian model (you don’t directly own your share) so all brokers look the same to me. Most offer free brokerage but you might need to check currency exchange fee.

        • macrocephalic on 06/04/2022 - 09:11

          I guess it depends on how much you plan on trading. I use Selfwealth, but others have pointed out that there are others which are cheaper. For the quantity of trades that I make I'm not concerned - I'm more of a buy and hold investor and the trades are a tax deduction. As long as they are CHESS sponsored it doesn't matter - because the shares are in your name even if the company becomes insolvent. FWIW, it's pretty uncommon for non-CHESS brokers to lose your money anyway.

    • Quickshot on 05/04/2022 - 21:16
      +3

      It's not

    • dpk on 05/04/2022 - 21:30
      +1

      For US Shares: SiPC Member
      For ASX Shares: Not Chess sponsored

  • mountaineer on 05/04/2022 - 21:08

    you must do 5 tradings

    • Newgod on 05/04/2022 - 21:16

      Easy, leave some dollars to trade US cheap shares (no minimum limit order of $500 like in ASX). Good to use up of the free voucher.

      • Worf on 05/04/2022 - 21:19

        Brokerage fee?

        • Newgod on 05/04/2022 - 21:20

          Zero for US trades (I never tried ASX so can’t tell), the only fee would be currency conversion

          • Worf on 05/04/2022 - 21:21
            -1

            @Newgod: Pretty good, sounds too good to be true

            • Newgod on 05/04/2022 - 21:28

              @Worf: They had some issues with Chinese regulation (no Chinese license while offering Chinese stock trading) but have license in AU and NZ. Take the offer when it lasts but shouldn’t keep your big trades in this platform.

              • dpk on 05/04/2022 - 23:51
                +2

                @Newgod: It's a listed company TIGR and SiPC member and in the business from 2014 so no need to be scared

          • dpk on 05/04/2022 - 21:32
            +3

            @Newgod: First 3 months free for ASX shares

          • Charlie Dont Surf on 05/04/2022 - 22:50

            @Newgod: Do you know their currency conversion % fee?

            • dpk on 05/04/2022 - 22:57
              +2

              @Charlie Dont Surf: AUD ⇆ USD 37 BPS Per Transaction
              Comparatively Stake, Superhero is 70 BPS

              • Charlie Dont Surf on 05/04/2022 - 23:10
                +3

                @dpk: That's a decent rate for a platform such as this.

                Tiger's regular brokerage for ASX looks to be comparatively more expensive than competitors such as Stake, Superhero, Think. At least $6.50 per trade plus a small pass-through fee, pushing it into the $7+ range?

                First impression of all this is that I'd just get into it for the freebies. Unlikely to stick with them for long term trading.

          • axlfan on 06/04/2022 - 11:00
            +4

            @Newgod: From disclaimer: 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.

            • fruitysalad on 06/04/2022 - 13:17

              @axlfan: Wow, didn't realise that's in the T&C. Would this be enforced I wonder? It seems like this is a much more important restriction compared to the '5 trades minimum' listed in the main body of the T&C.

              • zooter on 06/04/2022 - 15:03

                @fruitysalad: hmmm…now i'm feeling dumb about transferring $3000 to them…and waiting for it to hit my account and then again no doubt another 1-3 business days wait to get the money back

            • fullmetal on 20/04/2022 - 12:49

              @axlfan: Isnt it commission free?

  • Robin2012 on 05/04/2022 - 21:10

    great

  • NoApostrophePlurals on 05/04/2022 - 21:10

    Misleading title OP. Need "or" in there between GPRO and SPCE.

  • fuzor on 05/04/2022 - 21:25

    This post needs more info. So confusing. I've deposited already but where are the $10 or shares in the rewards centre? What even is that?

    Also how are we supposed to withdraw money back out without a fee? It seems to need the SWIFT code. So your bank charges you $11 everytime for a withdraw?

    • dpk on 05/04/2022 - 21:35

      Link australian bank account for withdraw, no need of swift. Login to Desktop browser.

      • Newgod on 05/04/2022 - 21:41

        I would advise against this method (Poli) despite its speed and convenience. I feel uncomfortable handing over my account login info to them. Better linking your account by authenticating with bank statement (Non-Poli method).

        • netsurfer on 05/04/2022 - 21:46
          +1

          My problem is that I don't have $3000 in my bank account.

          • Newgod on 05/04/2022 - 21:49

            @netsurfer: Then link the account with $3k, you need to finish that in one first deposit only (no split)

          • dpk on 05/04/2022 - 22:11

            @netsurfer: You can still get 1 Free Share of TSLA, AAPL, TWTR, UBER, GPRO or SPCE with deposit of $500 or above.
            For guaranteed Apple Share deposit $3000.

            • netsurfer on 06/04/2022 - 09:37

              @dpk: With my luck, I will get SPCE, then it is not worth it for someone like me who is low on cash.

      • fLaMePrO on 06/04/2022 - 16:59

        I don't see any way of doing this? I did Poli to deposit, but it's not available for withdrawal.

    • Newgod on 05/04/2022 - 21:37

      Have they confirmed your deposit (balance)? The free share and voucher ($10) should be in the rewards centre.

      Withdrawing back to the account you deposit in the same currency, search the SWIFT code of your bank. Tiger has CommBank account for AUD deposit and withdraw so there should be no fee.

    • fuzor on 05/04/2022 - 21:50
      +1

      Ok finally saw this rewards centre. You need to download the app. The desktop site dont seem to have it. The UI for Tiger needs some work compared to what Stake and Selfwealth has.

      • dpk on 05/04/2022 - 22:29

        Agree for desktop browser but with App, Tiger is fully featured unlike Stake or Selfwealth.

  • [Deactivated] on 05/04/2022 - 21:29
    +3

    The app looks really dodgy lol

    • dpk on 05/04/2022 - 21:34

      It's loaded with full features, need to get used to it

  • hotdogwater22 on 05/04/2022 - 21:35

    So can we transfer this into another broker? From a quick check it's around $110 to transfer.

    Or is it better to deposit $3k and then sell down the aaple + random stock and withdraw it all?

    • dpk on 05/04/2022 - 21:38

      Sell or keep it for longer, don't transfer. For US Shares all brokers charge huge amounts for transfer.

  • ujwols on 05/04/2022 - 22:41

    Is the withdrawal instant? Any fees?

    • ujwols on 05/04/2022 - 23:08
      +2

      Found answers to my questions

      1. Tiger does not charge any fee, and there is no charge for withdrawal to Australian bank account.
      2. The time depends on the processing bank(s). The minimum time for funds withdrawal in Australia can be within the same business day.
      • zooter on 06/04/2022 - 15:43

        did you try a withdrawal? How much time did it take to process? Next business day?

        • ujwols on 10/04/2022 - 08:22

          Yes

  • ujwols on 05/04/2022 - 22:54

    App looks solid and feature rich, I might as well move to this as my main broker

  • hotdogwater22 on 05/04/2022 - 23:16

    Has poli deposit worked for people?

    • Dane90 on 05/04/2022 - 23:31

      Yes, used commbank but took over an hour

    • Qmar on 05/04/2022 - 23:33

      Worked straightaway. Also got message about apple share almost instantly as well

      • hotdogwater22 on 05/04/2022 - 23:41

        Did the apple share get added to your account instantly?

        • Qmar on 05/04/2022 - 23:43
          +1

          Didnt get added but in the ‘rewards centre’ part of the app I can see a message saying its being processed

          • dpk on 05/04/2022 - 23:57

            @Qmar: Apple Stock will be in the portfolio within 10 business days. Mine was available in 2 business days.

    • WallybR on 06/04/2022 - 00:01
      +2

      What's with the weird poli deposit area asking me to login to my bank account. I decided to bank transfer as that looked weird lol.

      Why they don't use payid I don't know. Just give me your EMAIL DAMNIT

      • Qmar on 06/04/2022 - 00:02
        +1

        Thats normal for Poli but yeh payID should be the way to go. Superhero does it well

    • USER DC on 06/04/2022 - 01:10
      +1

      I put it through as POLi the stupid chat person is saying

      "As per checking, the receiver's name is different with the name on your Tiger account. That's why we may need the bank statement to ensure it's the right account."

      They are even worse than eBay CS people man, of course receiver's name would be Tiger brokers, and payers name would be same as my Tiger account.

      No i am not providing these people with any of my bank statement, or even a part of it. that's my confidential information.

      They seem BS to me dude, I think should be contact bank to try reversing the POLi transaction.

      Honestly speaking this is by far the worst broker I have dealt with (with regards to deposits at least).

  • ujwols on 05/04/2022 - 23:57
    +1

    what’s the Tax ID in CRS form? Is it TFN or something else?

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