CASH BOOST ACCOUNT: Make tomorrow’s trades today
Dear Tiger Pals![Sly]
Great news! Cash Boost Account is FINALLY here.
With Cash Boost Account, you can make tomorrow's trades today, unlocking a world of financial opportunities like never before!
But that's not all.
We're thrilled to announce an exclusive opportunity for you to win up to USD 2,240 worth of APPL shares*. Yes, you read that right!
So, what exactly is Cash Boost?
Cash Boost Account is a new account type introduced to meet the needs of investors. Instead of having to fund the account to trade, you are given a credit limit which you may use to purchase stocks. This means that even without funding the account, you are able to trade once your account gets approved!
Why apply for Cash Boost account?
Buy up to SGD 20,000 or beyond as soon as your account gets approved. No pre-funding required.
0 commission: Enjoy up to 90 days of commission-free contra trading*.
High capital utilization while allowing you to capture market opportunities.
Enjoy interest-free period of up to 7 Trading Days*
Contra Trading: No need to fund the full settlement amount, simply sell before force-selling date and pay the difference between your buy & sell trades.
Trade stocks and ETFs in Singapore, US and HK markets.
But what exactly is Contra Trading?
Contra represents a trading method in which the investor refrains from taking possession of the stocks bought or delivering the stocks sold. The investor buys the stocks without any cash upfront and sells them after a period of time. The investor then makes arrangements to settle any outstanding differences, which may result in either profits or losses.
How does Contra Trading with Cash Boost improve capital efficiency?
Imagine this scenario:
Tom spots a lucrative trading opportunity but lacks immediate funds. With Cash Boost, he can buy the stock first and settle later.
If the stock price rises before settlement, Tom can sell for profit without even settling the buy trade – a Contra Gain.
Alternatively, if Tom decides to keep the stock, he can settle the trade later.
Open account & start trading today through Tiger Trade App > Home/Portfolio > Account switch button > Cash Boost Account
Still have questions? Explore our Cash Boost Account FAQ for more insights.
Disclaimers: Terms and Conditions apply. Investment in financial products carries the inherent risk of loss. Please visit our website for full details. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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