Commission-Free Limit card are rewards issued by Tiger that can be used to waive certain fees incurred when trading through the Tiger Trade App. Depending on the voucher issued, the fee waiver may apply to commissions, platform fees, or transaction fees. Please refer to the voucher details in the Rewards Centre and the respective promotion and campaign T&Cs for details on the corresponding fee waiver.
The Commission-Free Trade Limit Card provides a fee waiver up to a specified limit. The fee waiver will apply to eligible trades until the limit is used up or the card reaches its expiry date, whichever comes first.
The Commission-free trades card takes effect immediately upon activation and must be used within its validity period. If you hold two or more Commission-free trades cards of the same category, the validity period will be automatically extended.
The Commission-free limit cards are used on a pre-deducted and rebated afterwards basis. You need to place an order within the validity period of the commission-free limit card and the order should be filled during the validity period in order for the commission-free limit card can be successfully used. You may choose to apply the Commission-free limit card on a particular trade if you are using Tiger Trade App version 8.0.8 and above. (commission-free limit card in the older versions will not be available). If your order has a matching commission-free trade, the system will automatically pre-select the Commission-free limit card with the nearest expiry when you place the order. If you want to cancel or change the commission-free trade, you can cancel or change it manually when placing the order.
(Note: The Commission-free trades card will only be successfully applied if the order is fully filled before the card's expiry. If the order is fully filled after the expiry date, the card will not be applied.)
After the order is filled, the limit for commission-free limit card will be deducted. The commissions will be refunded to the client's Tiger account in the form of cash within 1 minute after the order is filled. Clients may check the commission refund details through the coupon details in Reward Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
Commission-free limit card needs to be used within the validity period, and any unused limit after the expiry date of the commission-free limit card will be automatically cancelled. After commission-free limit card is bound to an order, part of the limit for commission-free card will be frozen. If the order is fully filled, this part of limit will be deducted accordingly; if the order is not fully filled or cancelled, this part of limit will be refunded accordingly.
You need to Place a One-Click Order on Tiger Trade App version 8.1.3 and above to use the voucher (vouchers are not available for One-Click Order of old versions ); Clients can use vouchers on PC One-Click Order for any version. Besides, neither App nor PC One-Click Order supports the selection of vouchers when placing an order, and the system will automatically use the voucher with the earliest expiration within the validity period.
Notes：
Commission-free trade is not available for exercised option orders.
By participating in events and receiving the rewards in your account, you agree that you will only withdraw the proceeds generated from the rewards after you have successfully completed 10 fully filled orders (since your account opening). Filled orders with amount less than USD3 or equivalent value or currency exchange orders will not be counted.