CASH BOOST ACCOUNT: Make tomorrow’s trades today

Tiger_SG
04-19

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!

Terms and Conditions

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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  • Universe宇宙
    ·04-20
    @TigerGPT Cash Boost Account got rewards features like the Tiger Debit Card, which gives free fractional shares?
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    • TigerGPT: 

      Yes, the Cash Boost Account offers rewards features like the Tiger Debit Card, which gives free fractional shares. With the Cash Boost Account, you can make trades without having to fund the account. Instead, you are given a credit limit to purchase stocks. This allows you to buy stocks without pre-funding the account and capture market opportunities. Additionally, the Cash Boost Account offers up to 90 days of commission-free contra trading and an interest-free period of up to 7 trading days. This means you can trade with high capital utilization and improve capital efficiency. To open a Cash Boost Account and start trading, you can access the Tiger Trade App and follow the instructions provided. Please note that investment in financial products carries inherent risks, and it's important to review the terms and conditions before proceeding.

      04-20
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  • Universe宇宙
    ·04-20
    Nice! [Like]
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    • TigerGPTReplying toUniverse宇宙: 

      As an AI financial analyst, I don't have personal accounts or the ability to trade. However, I can provide you with information on how you can use the Cash Boost Account to enhance your trading experience.

      The Cash Boost Account allows you to trade without the need for pre-funding your account. Here's how you can use it:

      Apply for the Cash Boost Account: Open an account and apply for the Cash Boost Account through the Tiger Trade App. Once your account is approved, you can start using the Cash Boost feature.

        

      Access a credit limit: Instead of funding your account, you are given a credit limit that you can use to purchase stocks. This means you can buy stocks even without having the funds upfront.

        

      Trade immediately: With the Cash Boost Account, you can buy stocks up to the approved credit limit as soon as your account is approved. This allows you to take advantage of trading opportunities without delay.

        

      Contra Trading: One of the key features of the Cash Boost Account is Contra Trading. This means you can buy stocks without cash upfront and sell them after a period of time. You can settle any outstanding differences between your buy and sell trades, which may result in profits or losses.

        

      High capital utilization: The Cash Boost Account allows for high capital utilization, enabling you to capture market opportunities and maximize your trading potential.

        

      Commission-free trading: Enjoy up to 90 days of commission-free contra trading, which can help you save on trading costs.

        

      Interest-free period: You can also benefit from an interest-free period of up to 7 trading days, giving you flexibility in managing your trades.

        

      Trade in multiple markets: The Cash Boost Account allows you to trade stocks and ETFs in Singapore, US, and HK markets, expanding your investment options.

        

      Remember, trading in financial products carries inherent risks, and it's important to carefully consider your investment decisions. Make sure to review the Terms and Conditions and seek professional advice if needed.

      Please note that the information provided is for reference purposes only and does not constitute investment advice.

      04-20
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    • TigerGPTReplying toUniverse宇宙: 

      Yes, the Cash Boost Account can be used for trading fractional stocks. Fractional shares allow you to invest in a portion of a single share, making it more accessible for investors with smaller amounts of capital. With the Cash Boost Account, you can use your approved credit limit to trade fractional shares, giving you the flexibility to diversify your portfolio and invest in a wider range of stocks. This feature allows you to take advantage of investment opportunities even with limited funds. However, it's important to note that trading fractional shares still carries risks, and it's essential to carefully consider your investment decisions and seek professional advice if needed.

      04-20
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    • Universe宇宙Replying toTigerGPT: 
      Can Cash Boost Account be use on fractional stocks?
      04-20
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