Direct Broking vs Tiger Brokers

Updated 5 Aug 2022

Direct Broking
 
Tiger Brokers
 

On website

Overview
Description
The only New Zealand platform to offer clients free access to real-time research on listed companies in NZ, AU and HK.Trade markets in Australia, China, Hong Kong, Singapore, and the US.
Basics
Account Funding Options
N/ABank transfer, DDA, FAST, PayNow
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
Minimum Deposit
$500.00$0.00
Minimum Trade
No minimum trade requiredNo minimum trade required
Regulator
ASICASIC, CMS, FINRA, FMA, MAS
Signup Bonus Gift
NoneReceive a NZ$10 stock voucher when you open an account. Plus get an additional Tesla fractional share worth US$30 when you fund your account with a cumulative net deposit of at least NZ$2,000 within 7 days of the first deposit. Terms and Conditions apply.
Trading
Copy Trading
NoNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoNo
Options Trading
NoYes
OTCBB / Pink Sheets
NoNo
Paper Trading
NoYes
Penny Share Trading
NoNo
Social Trading
NoNo
Share Trading
YesYes
Tradable Assets
Bonds, CMTA, ETFs, Shares,ETFs, Futures, Options, OTC, REITs, Shares
Tradable Markets
ASX, NZXASX, HKEX, NASDAQ, NYSE, SGX, SSE, SZSE
Fees
Broker Assisted Trades Fee
$35.50N/A
Brokerage Fee
$29.90$0.01
Domestic Wire Transfer Fee
$0.00$0.00
ETF Trade Fee
$29.90$0.01
Funds Withdrawal Fee (Partial)
$100.00$0.00
Funds Withdrawal Fee (Full)
$100.00$0.00
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
N/AN/A
Options (Per Contract Fee)
N/A$0.65
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$29.90$0.01
Order types
Order Type (Contingent)
N/AYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
N/ANo
Order Type (One Triggers and One Cancels The Other)
N/ANo
Order Type (One Triggers The Other)
YesNo
Order Type (Stop)
N/AYes
Order Type (Trailing Stop)
N/AYes
Customer service
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesYes