How to Deposit, Withdraw and Currency Convertion In Tiger Broker (Part 2)

Steps on how to DEPOSIT money into Tiger Broker

- Click on "Tiger Account"

At here you will see your account summary.

- Click on "FUND DEPOSIT"

* Do note that if this is your first deposit, refer to this table below for rewards:

- You can choose to deposit either SGD / USD / HKD direct into your Tiger Broker Account

- Choose the respective bank account type

*Do note that Tiger Broker have a new feature now call DDA (Direct Debit Authentication) which provides easier and convenient faster deposit procedure. (Personally I  been using this) 

- Use our own Bank account to do a bank account transfer into Tiger Broker specific account as stated.

- You can only transfer funds from a bank account in the same name as your Tiger Broker account.

- After you have transferred your money to Tiger broker, click on "Fund Remitted, Inform Tiger to check"

- Fill in your transferred amount with your own Bank Account Number to inform Tiger Broker of incoming transferred fund.

- After which, just wait for the money to arrive into your Tiger Broker Account before you start trading.

** Using Direct Debit Authentication allows you to receive your funding within 30 mins. This is a faster and better way which I prefered.

How to do a WITHDRAWAL from your Tiger Broker Account

- At the main page of your Tiger Broker app, select "Trade" on the bottom right

- Select "More"

- Select "Withdrawal"

- Key in your "Bank Account Number" and the "Withdrawal Amount"

- Your withdrawal is completed and is being process by the system. 

How to do a Currency Conversion with Tiger Broker Mobile App

- On the main page, select the "Trade" on the bottom right side

- Select the "Currency Exchange"

- Select the Currency that you want to exchange FROM and TO

- Key in the amount that you wanted for the exchange

* the rates of currency exchange is indicated above the Green Line

- Select "Start Exchange" and your receive the exchanged currency within a few minutes inside your Tiger Broker account.

About Me

Hello!

My Stock Portfolio

I am a 27 year old adult, curious about investment and careful with how I manage my financial.

Being like many of the people in Singapore, I did not start doing investment till late 20 as I do not know how to.

After serving 2 years of National Service with the Airforce, I went on to pursue a degree and after which, working full time till now.

Age 25

I started to realise the importance of growing my financial at the age of 25.

At this age, I do not know much about investment and I will depend on bank interest to grow my moonie.

Even till now, I been using UOB ONE ACCOUNT and SINGLIFE account to generate passive monthly interest for the money inside my bank.

This is to ensure that I have sufficient cash flow in case of emergency. [IMPORTANT]

Age 26

I started to look into Roboadviser which were recommended by many people on Seedly platform.

I tried both Stashaway and SYFE Roboadviser.

Personally I prefer SYFE compared to Stashaway as SYFE have the Equity100 portfolio which focus on global ETF. Comparing to Stashaway portfolio, stashaway include several less risk investment such as Bonds and commodities.

If you are interested, you can sign up SYFE with the promo code below this post to get extra money upon sign up.

Age 27 (Covid19 Year)

When Covid went global, banks started to decrease their interest rates. The interest that I received compared to last time were down by at least 1% or more.

Hence, I began my stock investment journey. I started off in SG market by looking at Reits and afterwhich, slowly moving into US market. I am using Tiger Broker for my trading due to their low commission and user friendly interface especially on their mobile app. Do look at THIS.

My Plan for the Future

Age 27 to 45 - Stock investment (Aggressive)

Age 46 to 50 - Stock Investment + Reits (Semi Aggressive)

Age 51 and beyond - Retire from job, Invest solely in Reits only or buy property for Rental collection (Retirement plan for Passive income with lesser risk)

SYFE PROMO CODE
Promo Code: SRPRG39TE

$10 bonus for the first deposit of $500 (or more)!
$50 bonus for the first deposit of $10,000 (or more)!
$100 bonus for the first deposit to $20,000 (or more)!

Note: Bonus is applicable on the first deposit made only. The bonus will be automatically credited to your portfolio and invested along with your existing investments



Tiger Broker WELCOME Bonus

Link - https://www.tigerbrokers.com.sg/activity/forapp/invitflow-intl/signup.html?template=invite202011&lang=en_US&invite=C300OZ#/

What you will get:

- 5 Commision free trade

- Level 2 Market Data

- Stock Voucher (Refer to table below)