Pros:
You can use the funds in your Tiger Trade account as leverage to increase your purchasing power.
Our margin account supports up to 4x leverage.
Competitive interest rates on margin loans.
You can trade options using your margin account.
You can take a loan against your margin account at any time and repay the loan on your own schedule.
Cons:
It is riskier to trade stocks on margin than it is to buy stocks on a cash account.
You could lose more funds than you deposit in the margin account. A decline in the value of securities that you have purchased on margin may require you to provide additional funds to Tiger Brokers.
We may sell the securities or other assets in any of your accounts held with us to cover the margin requirement.