Virtual Asset
Overview
Tiger offers access to a selection of popular Virtual Assets available for trading. The list of supported assets may change over time and is subject to market availability and platform discretion.
Virtual asset trading is only available to New Zealand residents and all trades are settled in USD. Crypto deposit or withdrawal is not supported.
Trading Rules
2.1 Trading Hours
24/7 trading is available except during scheduled, or unexpected maintenance
2.2 Order Requirements
Minimum order size: USD 10 or equivalent
2.3 Settlement
All trades are T+0 settled (instant execution)
2.4 Fees
Trading fee: (0.1% x Order Value) per transaction
Currency conversion fee: Applicable for all conversions between currencies
2.5 Leverage & Margin
No leverage, shorting, or derivatives are supported
All trades are spot-based and fully funded by client cash balance
Fund Metrics
3.1 Unrealised P&L
Unrealised profit or loss reflects the not-yet-settled gain or loss on open positions. It is calculated using the FIFO (First-In-First-Out) method:
Unrealised P&L = (Market Price – Cost) × Open Position Quantity
Cost = Σ(Buy Amount + Fee) ÷ Position Quantity
Note: The cost is calculated based on FIFO, assuming the earliest acquired virtual assets are sold first. For reference only—please refer to the actual account for accurate values.
3.2 Available Excess Equity (AEE)
Available Excess Equity is used to assess whether new positions can be opened. AEE considers overall account status, including:
Total assets
Virtualo asset holdings
Locked funds
Available funds ≠ Available cash. AEE > 0 means you may buy additional virtual assets.
3.3 Virtual Asset Calculation
In the Virtual Asset segment:
Virtual Asset = Cash Balance – Locked Excess Equity
3.4 Estimated Total Assets
The total estimated value of the account is calculated as:
Est. Total Assets = Virtual Asset Value + Cash Balance