Fees Schedule for Adviser Assisted Account

2024-06-26 12:00:09

Fees Schedule for Adviser Assisted Account (Sub Account)

Fee Type

Unit Trust

Stocks & ETFs

Charged by

Upfront Setup Fees

0 to 5% * Trade Value

Tiger Brokers

Wrap Fees

0 to 2.5% * Asset Value

Commission Fees

NIL

Please view link for more info: https://www.itiger.com/sg/commissions

Tiger Brokers

Platform Fees

Other Fees Chargeable – Processing Fees & Third-Party Fees

Market

Type

Charges

Charged by

US

Charges for Fractional Shares Trading

Please view link for more info: https://www.itiger.com/sg/commissions

Tiger Brokers

SEC Membership Fee
(Charged for sell orders only)

SEC (U.S. Securities and Exchange Commission)

Settlement Fee

U.S. Settlement Agency etc.

Trading Activity Fee (Charged for sell orders only)

FINRA

ADR (American Depositary Receipt) Fee

DTCC (U.S. Depository Trust & Clearing Corporation)

SG

Trading Fee

SGX

Clearing Fee

SGX

Custody Fee

SGX

HK

Trading Fee

Please view link for more info: https://www.itiger.com/sg/commissions

HKEX

Settlement Fee

HKSCC

Transaction Levy

SFC

Stamp Duty

Government of Hong Kong

FRC Transaction Levy

Financial Reporting Council

China A-Shares

Handling Fee

Please view link for more info: https://www.itiger.com/sg/commissions

SSE/SZSE

Securities Management Fee

CSRC

Settlement Fee

CSDC & HKSCC

Stamp Duty (Charged for sell orders only)

STA

* Commission, Platform Fee, Custodian Fee, Trading Fee, Clearing Fee, Custody Fee and Tax Service Fee are subject to 9% GST (Goods and Services Tax).
 Note: Fees Deduction Order - 1. SGD Cash, 2.USD Cash 3.Tiger Vault SGD, 4. Tiger Vault USD, 5. Most profitable non Tiger Vault Funds

Terms Definition

Sub Account
It refers to the account that the assets are placed. Clients have the option to invest in unit trusts, ETFs, and stocks through a single Sub Account.
Financial advisers can gain a comprehensive view of the portfolio, offer holistic recommendations, and effectively manage investments by adjusting allocation across various investment options.

Upfront Fees
The fee is deducted upfront on investment subscription orders as agreed between the client and the financial adviser.

Wrap Fees
A recurrent fee charged on a customer for the provision of discretionary portfolio management solutions and is based on the aggregate value of the managed portfolio.
Wrap fee is deducted from client’s cash account quarterly.

Commission Fees
The fees charged for executing buy or sell orders on behalf of investors in the stock market. This fee is charged on transaction basis.

Platform Fees
Charged by Tiger Brokers for the provision of services and/or administration of investment products. It is charged based on per order basis.
Platform Fees differs across different markets for ETFs and Stocks.

The Custodian Fee
A fee levied by Tiger Brokers for the safekeeping and administration of clients' assets, particularly securities such as stocks, bonds, mutual funds, and other investment instruments. The fee is deducted from client’s cash account quarterly.
It is calculated according to the combined value of all investments within the sub-account, structured across various tiers of investment amounts held with Tiger Brokers.

Other Charges and Third-Party Fees
These are processing and administrative fees charged by 3rd party for the transaction of ETFs, Bonds and Stocks.  The fees include Custody Fees, Settlement Fees, Trading Fees & others…