Tiger Brokers is a multi-market broker brand. This guide used to quote specific Malaysian fees, but Tiger's Malaysian site refused our connection on 17 October 2026, so those figures are held.
This review keeps the structure of the earlier version but only states what we could source. Read Tiger's own pricing page for any fee.
Last updated 26 October 2026 · money.com.my Editorial
What Tiger Brokers Malaysia Is
Tiger Brokers' global site describes a group with headquarters in Singapore and licences in Singapore, the US, New Zealand, Australia and Hong Kong. We could not read the Malaysian entity's page, so its SC licence, Bursa Participating Organisation status, parent-company listing and market list are not verified here (HELD). Check the SC's Investment Checker.
Markets available: check the current list on Tiger's Malaysian site.
Fee Structure in Full
We could not read Tiger Brokers Malaysia's pricing page on 17 October 2026, so we do not state its Bursa, US or Hong Kong brokerage rates, platform fees or FX spread (HELD). The earlier version's figures (0.05% with a RM3 minimum for Bursa; USD0.0049 per share with a USD0.99 minimum for the US; 0.06% with a HKD15 minimum for Hong Kong) could not be matched to a primary source and should be treated as unverified.
What we can say from other primary sources:
- Bursa's clearing fee is 0.03%, capped at RM1,000 per contract, at every broker.
- Stamp duty is RM1 per RM1,000, capped at RM1,000 for shares and RM200 for warrants, REITs and trusts; Bursa-listed ETFs are exempt until 31 December 2028 (Rakuten Trade, moomoo and Webull fee pages).
- For comparison, moomoo charges 0.03% plus RM3 per order on Bursa and 0.03% plus USD0.99 per order on US stocks.
- Bursa clearing fee
- 0.03%, capped at RM1,000 per contract
- Stamp duty
- RM1 per RM1,000
- Bursa-listed ETFs
- stamp duty exempt until 31 December 2028
Check the current fee on Tiger's pricing page before you trade.
Fee comparison across brokers
| Broker | Bursa brokerage | US stocks |
|---|---|---|
| Tiger Brokers | Check Tiger's pricing page (HELD) | Check Tiger's pricing page (HELD) |
| moomoo Malaysia | 0.03% plus RM3 platform fee per order | 0.03% plus USD0.99 per order |
| Rakuten Trade | RM1 / RM2.88 / 0.1% / RM100 scale | 0.1%, min USD0.88, max USD25 |
| Webull Malaysia | 0.05%, min RM2.50 | 0 commission under promotion |
Read from each broker's own pages on 17 October 2026. Clearing fee and stamp duty apply at all brokers.
What those published fees mean on one order: on a RM10,000 Bursa share purchase, moomoo's brokerage is RM6 (0.03% is RM3, plus the RM3 platform fee) and Webull's is RM5 (0.05%, above its RM2.50 minimum). The clearing fee adds RM3 (0.03%) and stamp duty RM10 (RM1 per RM1,000) at either broker, so the order costs RM19 at moomoo and RM18 at Webull. Stamp duty, not brokerage, is the largest part.
- Brokerage RM6
- Clearing fee RM3
- Stamp duty RM10
- Brokerage RM5
- Clearing fee RM3
- Stamp duty RM10
Platform
Mobile app (iOS and Android)
We could not read Tiger's Malaysian pages, so feature claims from the earlier version (Tiger Community feed, paper trading, real-time data included, screener, options, no web platform) are not verified (HELD). Check the app listing and Tiger's site for the current feature set and whether a web platform exists.
Account Opening
We did not re-verify Tiger's account-opening steps, approval time or minimum deposit (HELD). The earlier version described a digital MyKad sign-up, a W-8BEN form for US trading, same-day to 3-day approval and a RM0 minimum. Confirm all of these on Tiger's site.
Regulation and Safety
- Licence and Bursa status: HELD, see above.
- US stocks: SIPC protects up to USD500,000 including USD250,000 for cash at a SIPC-member US broker (SIPC's published limit). Tiger's global licence page lists a US entity as a SIPC member, but we did not confirm which entity holds a Malaysian client's US shares.
- Parent company: not verified for the Malaysian entity.
What Tiger Brokers Does Not Offer
Unverified (HELD): the earlier version said no web platform, no unit trusts, no EPF-MIS, no fixed deposits, no fractional US shares and no bonds. Check Tiger's site rather than relying on this list.
Tiger Brokers vs moomoo Malaysia
We cannot compare fees, platforms or custody terms without Tiger's own figures. moomoo's are in the table above. When you compare, check:
| Factor | What to check on Tiger's page | moomoo Malaysia (read 17 Oct 2026) |
|---|---|---|
| Bursa fee | Tiger pricing page | 0.03% plus RM3 per order |
| US stocks fee | Tiger pricing page | 0.03% plus USD0.99 per order, plus pass-through fees |
| Custody fee on foreign stocks | Tiger T&C | None listed on its fee pages |
| Web platform | Tiger site | Desktop download listed; browser order entry not verified |
| Paper trading | Tiger app | Listed under Tools |
Who This Suits
We cannot say without Tiger's current terms. A broker is worth considering if its verified fees, regulation and platform fit how you invest.
Who Should Look Elsewhere
Investors who need confirmed SC licensing, published fees or a specific platform should wait until they have checked Tiger's own pages.
Bottom Line
The earlier version of this review quoted precise Tiger fees and a web-platform gap that we cannot source. We have removed them rather than guess. Check the current fee on Tiger's pricing page and compare it with moomoo, Webull and Rakuten Trade, whose published figures are on our own reviews.
Related Guides
- Best Online Stockbrokers in Malaysia 2026
- moomoo Malaysia Review 2026 — moomoo vs Tiger compared in full
- Rakuten Trade Malaysia Review 2026
- How to Invest in Bursa Malaysia Stocks
- How to Start Investing in Malaysia
Amendment, 17 October 2026. Tiger Brokers' Malaysian site (tigerbrokers.com.my) refused our connection through the session proxy on 17 October 2026, and the global Tiger site did not carry the Malaysian fee schedule, so we could not verify Tiger's figures. We did not bypass the block. Held and removed: Bursa fee 0.05% with RM3 minimum, US fee USD0.0049 per share with USD0.99 minimum, "USD0.005 per share platform fee", Hong Kong 0.06% with HKD15 minimum, 0.3% to 0.5% FX spread, the 2022 entry date, UP Fintech details, SC licence and Participating Organisation status, the web-platform gap, paper trading, account-opening steps and times, and the exclusions list. Corrected: the comparison with moomoo (moomoo is 0.03% plus a RM3 platform fee per order, and 0.03% plus USD0.99 per order for the US, not USD0.0049 per share) and the stamp duty cap (RM1,000 for shares, RM200 for warrants and REITs; ETFs exempt until 31 December 2028). Confirmed: Bursa clearing fee 0.03% (max RM1,000) via other brokers' fee pages, and SIPC USD500,000 / USD250,000.
Amendment, 17 October 2026 (follow-up, evidence batch I). We tried Tiger's Malaysian site again (tigerbrokers.com.my, with and without www): the session proxy gave no connection, so every Tiger fee, licence, market and platform claim stays HELD; we did not bypass the block. The global site's About page (itigerup.com/about) is unchanged (same sha256 as the earlier copy) and still says Tiger's headquarters are in Singapore, that it holds licences or permissions in Singapore, the US, New Zealand, Australia and Hong Kong, and that its US entity is a FINRA and SIPC member. Files and hashes are in docs/verification-log/evidence-batch-i-oct17. The moomoo, Rakuten Trade and Webull figures in this guide were re-checked in this PR's evidence and are unchanged (Webull 0.05% with RM2.50 minimum on Bursa, and 0 commission on US stocks under a promotion that its pricing page gives as 365 days from activation for new users and to 31 December 2026 for existing users).
Amendment, 17 October 2026 (review follow-up). The page description said Tiger gives "Bursa and US/HK stock access, community features"; those claims are held, so the description now says only what we could and could not verify. No figure changed.
Amendment, 26 October 2026 (markets line). The "Markets available" line repeated an earlier market list (Bursa, NYSE and NASDAQ, HKEX, SGX and ASX). It now points to Tiger's Malaysian site. Removed: that list. No figure changed.
Amendment, 26 October 2026 (brokerage visual). The card repeating the fee table is replaced by a RM10,000 Bursa purchase example: RM19 at moomoo, RM18 at Webull (our arithmetic from the table; moomoo and Webull pages re-read 26 October 2026, figures unchanged). A checklist was added under the bottom line. Evidence: docs/verification-log/batch4-content-oct26.
