Cash Boost Make tomorrow’s trades

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Lets talk about Tiger Boost Acc.

I tried the BA for 1 month plus. Tiger BA is a contras acc which means no cash out front needed. Given T+3 .

Let's compare Tiger Contra to SG main securities firms such as DBSV, Lim&Tan etc contras acc.

For fees,: SG main securities firms contras acc vs Tiger Contras acc=Tiger Contras acc win slightly .

Number of trading days given: SG main securities win (T+4 or T+5)

I don't understand why Tiger Contras acc will add or deduct my cash when the share price fluctuates

Eg, my acc wining cash have 300 cash withdrawable. I bought 5000 units of A shares at $5.0 when the share price drop to $4.95 , my cash value drop too.Why? Contras win/ lost should be settled after T+3 not during the T+3.

Tiger Contras can show the value fluctuates but not deduct my withdrawable cash.

2nd , Contras T+3 is too short as compared to Poems, DBSV, iOcbc, Lim& Tan which I was given T+5.

Tiger can consider to improve the Contras acc to draw more users to open Boost acc.

Suggestions: 

1)To give T+4 or T+5 ( total trading 5 days or 6 days)

2)Reduce the fees or give free commission for 1 year.

3)Do not deduct the acc cash during the T+trading days. Cos it will prevent user from withdrawing)

4)System calculating the T+trading days must improve because I received remainder to sell my Contras on SG Public holiday. And was given warning that my boost acc will be suspended after 5pm.[Surprised]  

As for the Contras acc, the fees are not cheap unless free commissions are given. Do take note if any of u want open the acc( can use my link)👇

Find out more here:Cash BoostMake tomorrow’s trades today Open a CBA Account! Contra trade without depositing, and win up to 14 AAPL shares!

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