{"id":17569,"date":"2024-07-29T19:42:30","date_gmt":"2024-07-29T11:42:30","guid":{"rendered":"https:\/\/www.smallcapasia.com\/?p=17569"},"modified":"2026-06-08T19:30:19","modified_gmt":"2026-06-08T11:30:19","slug":"tiger-brokers-cash-boost-account-review","status":"publish","type":"post","link":"https:\/\/www.smallcapasia.com\/zh-hant\/tiger-brokers-cash-boost-account-review\/","title":{"rendered":"Trade Now, Settle Later: Experience Contra Trading &#038; CDP Linkage with Tiger Brokers&#8217; Cash Boost Account (No Upfront Cash Needed)"},"content":{"rendered":"<p>Picture this: you&#8217;re tracking a promising stock that\u2019s about to skyrocket.<\/p>\n<p>You\u2019ve done your research, analyzed the charts, and everything points to a golden opportunity.<\/p>\n<p>But when you finally decide to make your move, you realize you\u2019re short on funds. The stock soars, and you&#8217;re left with nothing but overwhelming regret of a missed opportunity.<\/p>\n<p>But fret no more, fellow investors!<\/p>\n<p>To mark their 10th anniversary, Tiger Brokers has introduced the innovative Cash Boost Account (CBA), a game-changer for traders looking to seize every market opportunity.<\/p>\n<h2><strong>Tiger Brokers: Revolutionizing the Investment Landscape<\/strong><\/h2>\n<p>Before we delve into the details of CBA, let\u2019s acknowledge Tiger Brokers\u2019 impressive track record. Tiger Brokers has carved a reputation for itself over the past decade as one of the best low-cost stock brokerages in Singapore.<\/p>\n<p>Known for their robust platform, competitive fees, and exceptional user experience, they have empowered countless investors to achieve their financial goals.<\/p>\n<p>Case in point &#8211; they are also the <strong><em>first Fintech broker<\/em><\/strong> to introduce Contra Trading, a brand new feature that lets you buy stocks without needing the full upfront capital. Now, with the Cash Boost Account, they&#8217;re taking things a step further.<\/p>\n<h2><strong>What is Cash Boost Account (CBA)?<\/strong><\/h2>\n<p>Think of CBA as a supercharged Contra account. Contra trading allows you to buy stocks without needing upfront capital i.e. trade &#8220;now&#8221; and settle &#8220;later.&#8221;<\/p>\n<p>This means you can potentially capture market opportunities even when your account balance is minimal.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-1.png\" alt=\"\" width=\"370\" height=\"164\" \/><\/p>\n<p>For instance, if you are looking to ride on <strong>Booking Holdings<\/strong> as it delivered a good set of revenue and earnings, you may be bewildered that 1 share will already set you back US$3,990 (~S$5,376).<\/p>\n<p>You are short on funds and wish to take advantage of Contra Trading using Tiger Brokers CBA\u2026<\/p>\n<p>And here\u2019s <strong>5 quick steps to get started<\/strong>:<\/p>\n<ol>\n<li>Sign up an account with Tiger Brokers (if you don\u2019t already have one)<\/li>\n<li>Go to \u2018Portfolio\u2019 tab in the App &amp; apply for \u2018Cash Boost Account\u2019<\/li>\n<li>Confirm your trading limit of SGD 20,000 or more upon approval (very fast!)<\/li>\n<li>Inside Tiger Trade app, switch to your Cash Boost Account.<\/li>\n<li>Trade Now, Settle Later without depositing funds for the full position<\/li>\n<\/ol>\n<h2><strong>Live Contra Trade Example: Buying and Selling TESLA Shares <\/strong><\/h2>\n<p>Now, let&#8217;s dive into a REAL Contra Trade using Tesla (TSLA) as our spotlight stock.<\/p>\n<p>In this 1 minute video below, I will showcase how to make sure you select the CBA account, Buy and Sell a stock within seconds:<\/p>\n<p><iframe title=\"How to Trade Tesla Stock with Little or No Money\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/xzzpcloyPnA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>In short, this quick example highlights how the CBA enables you to leverage market opportunities quickly and efficiently.<\/p>\n<h2><strong>Why Use Cash Boost Account: Benefits and Advantages<\/strong><\/h2>\n<p>Now lets check out several compelling benefits of CBA:<\/p>\n<ol>\n<li><strong> Trade Now, Settle Later<\/strong><\/li>\n<\/ol>\n<p>CBA allows you to execute trades immediately upon limit approval, without requiring an initial deposit.<\/p>\n<p>Say goodbye to missed opportunities &#8211; whether it\u2019s a hot tech stock like Nvidia or a promising biotech company getting its FDA license for a particular drug, you can jump in right away.<\/p>\n<ol start=\"2\">\n<li><strong> Competitive Pricing<\/strong><\/li>\n<\/ol>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-2.png\" alt=\"\" width=\"624\" height=\"126\" \/><\/p>\n<p>Tiger Brokers CBA also boasts some of the lowest fees for contra trading compared to other brokers which charge at least 0.275% or a minimum S$25 per trade.<\/p>\n<p>Here&#8217;s the breakdown:<\/p>\n<ul>\n<li>Platform Fee: Just 0.12% of the trade value, with a minimum of USD\/SGD 5 or HKD 40 (depending on the market).<\/li>\n<li>Commission Fee: Only 0.1% of the trade value, with a minimum of USD\/SGD 4.99 or HKD 35. Plus, there&#8217;s an extra perk!<\/li>\n<\/ul>\n<p>Open a new Cash Boost Account and complete your first trade to get a 30-day commission-free trading card. This card basically cuts your fees in half, letting you pocket more profits.<\/p>\n<p><em>*<u><a href=\"https:\/\/www.itiger.com\/sg\/commissions\/cash_boost?_sasdk=dMTkwNzJlOTVmMjU4NjctMDBmZjk0MWYyZWZjNmIxLTI2MDAxZjUxLTIwNzM2MDAtMTkwNzJlOTVmMjYxMjRl\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Pass-through fees<\/a><\/u> and <u><a href=\"https:\/\/www.tigerbrokers.com.sg\/activity\/forapp\/rules\/?id=cashboosta&amp;_sasdk=dMTkwNzJlOTVmMjU4NjctMDBmZjk0MWYyZWZjNmIxLTI2MDAxZjUxLTIwNzM2MDAtMTkwNzJlOTVmMjYxMjRl&amp;_gl=1*lfi9xk*_gcl_aw*R0NMLjE3MjE3MDAzMTUuQ2p3S0NBandodmkwQmhBNEVpd0FYMjV1anhMOGtXdm5IMVZodzEzaDhTREthaGpJY3QtSDV4RThmbm1yMlJTZlMwYkRKNHBIOTMwVnB4b0NRRXdRQXZEX0J3RQ..*_gcl_au*MTU1MTg1MDg0NS4xNzE5OTE0ODE1*_ga*NzcwNjc2NzEuMTcxOTkxNDgxNQ..*_ga_LECRLCDT1K*MTcyMTcwMDMxNS43LjAuMTcyMTcwMDMxNS4wLjAuMA..\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">T&amp;Cs<\/a><\/u> apply.<\/em><\/p>\n<ol start=\"3\">\n<li><strong> High Trading Limit<\/strong><\/li>\n<\/ol>\n<p>As previously mentioned, CBA grants you a trading limit of SGD 20,000 or more upon approval.<\/p>\n<p>This expanded capacity empowers you to explore a broader range of stocks and seize those fleeting moments when market dynamics shift.<\/p>\n<ol start=\"4\">\n<li><strong> Interest-Free Period for Losses<\/strong><\/li>\n<\/ol>\n<p>Here\u2019s where CBA truly shines.<\/p>\n<p>You&#8217;ll enjoy an interest-free period on any losses incurred until the 8th trading day for Singapore and Hong Kong markets, and 7th trading day for the US market (be sure to check the T&amp;Cs for the latest changes).<\/p>\n<p>This grace period gives you valuable time to react to market movements and potentially turn those losses around.<\/p>\n<p><em>Disclaimer: Always review the terms and conditions specific to your region.<\/em><\/p>\n<h2><strong>How Does Cash Boost Account Work?<\/strong><\/h2>\n<p>Here&#8217;s a step-by-step guide on how to open and use the CBA for your trades:<\/p>\n<ol>\n<li><strong>Open an Account:<\/strong> Sign up for the Cash Boost Account through Tiger Brokers\u2019 platform (check out <a href=\"https:\/\/c1.itigergrowtha.com\/files\/portal\/sgp\/cash-boost\/step-2-en.mp4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">video guide link here<\/a>).<\/li>\n<\/ol>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-3.png\" alt=\"\" width=\"705\" height=\"174\" \/><\/p>\n<ol start=\"2\">\n<li><strong>Fast Approval:<\/strong> Once approved, you&#8217;ll be assigned a trading limit. The Cash Boost Account comes with a default credit limit i.e. SGD 20,000. You can apply to increase the limit if needed.<\/li>\n<li><strong>Start Trading:<\/strong> To start, simply place a buy order, without needing an upfront deposit.Once the buy trade is done, it will become an Unsettled Buy (Outstanding Buy).<\/li>\n<\/ol>\n<p>For SG and HK market, you will have until T+4 (Contra Period) to perform a corresponding sell trade (Contra Sell) before force-selling date.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-4.png\" alt=\"\" width=\"936\" height=\"396\" \/><\/p>\n<p>For US market, you will have until T+3 (Contra Period) to perform a corresponding sell trade (Contra Sell) before force-selling date.<\/p>\n<p style=\"text-align: center;\"><em><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-5.png\" alt=\"\" width=\"624\" height=\"262\" \/>Source: https:\/\/www.itiger.com\/sg\/invest\/cash-boost<\/em><\/p>\n<ol start=\"4\">\n<li><strong>Settlement of Funds:<\/strong> After completing a sell trade, a Contra is established.<\/li>\n<\/ol>\n<p><strong>\u00a0<\/strong>You will need to settle the difference between your buying and selling prices.<\/p>\n<p>If this difference is positive, known as a <em>&#8220;Contra Gain,&#8221;<\/em> you keep the profit. If the difference is negative, known as a <em>&#8220;Contra Loss&#8221;,<\/em> you will need to pay the shortfall. Let&#8217;s consider an example where Tom buys 100 shares at USD 10 each and sells them three trading days later through a Contra Sell:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-6.png\" alt=\"\" width=\"568\" height=\"183\" \/><br \/>\n<em>Trading-related fees are omitted in the illustration.<\/em><\/p>\n<p><u>Scenario 1:<\/u> Tom makes a Contra Gain of US$500. This amount will be credited to his Cash Boost Account.<\/p>\n<p><u>Scenario 2:<\/u> Tom incurs a Contra Loss of US$200. He will need to deposit this amount into his Cash Boost Account as soon as possible to avoid interest charges.<\/p>\n<ol start=\"5\">\n<li><strong>Settlement Dates:<\/strong> You should also pay attention to the settlement dates.<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-7.png\" alt=\"\" width=\"643\" height=\"272\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-8.png\" alt=\"\" width=\"641\" height=\"269\" \/><\/p>\n<p>As shown above, you have T+6 (SG, HK) or T+5 (US) to settle your trades interest-free.<\/p>\n<p><strong>\u00a0<\/strong>If you do not settle within the interest-free period, standard interest rates will apply on the outstanding amount.<\/p>\n<h3><strong>CDP Linkage<\/strong><\/h3>\n<p>On top of the Contra Trading feature, CBA will be offering CDP linkage from 1<sup>st<\/sup> August 2024 onwards!<\/p>\n<p>This will allow users to link their CDP account to Tiger\u2019s awesome platform and enjoy the lowest Singapore market fees.<\/p>\n<h2><strong>Exciting Promotions &#8211; Prime + Cash Boost Account (CBA) <\/strong><\/h2>\n<p>To celebrate their 10th anniversary, Tiger Brokers is offering some exciting promotions:<\/p>\n<ul>\n<li>All Users: 0 COMMISSION* trading for SGX market in celebration of Singapore&#8217;s 59th birthday! Link here -&gt; <a href=\"https:\/\/www.tigerbrokers.com.sg\/activity\/market\/2024\/sgx-sharing\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">https:\/\/www.tigerbrokers.com.sg\/activity\/market\/2024\/sgx-sharing<\/a><\/li>\n<li><strong>New Users<\/strong>: Open a Prime account and receive welcome rewards up to US$3,600. Link here -&gt; <a href=\"https:\/\/www.tigerbrokers.com.sg\/activity\/forapp\/welcome\/sgp.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">https:\/\/www.tigerbrokers.com.sg\/activity\/forapp\/welcome\/sgp.html<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2024\/07\/tiger-brokers-cba-9.png\" alt=\"\" width=\"484\" height=\"278\" \/><\/p>\n<ul>\n<li><strong>Existing Users<\/strong>: Open a Cash Boost Account (CBA) and stand a chance to win up to 14 AAPL shares (worth US$3,000!).Link here -&gt; <a href=\"https:\/\/www.itiger.com\/sg\/marketing\/SCAPASIA?lang=en_US&amp;invite=SCAPASIA\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">https:\/\/www.itiger.com\/sg\/marketing\/SCAPASIA?lang=en_US&amp;invite=SCAPASIA<\/a><\/li>\n<li><strong>Exclusive (SmallCapAsia) Bonus<\/strong>: Be among the first 100 to sign up a Cash Boost Account with my link will receive an additional SGD 10 cash bonus!<\/li>\n<\/ul>\n<p>All in all, don\u2019t miss out this great deal* of rewards worth USD 3.6k + USD 3k + SGD 10 = ~S$8.9k in total!<\/p>\n<p><em>*Terms and conditions apply.<\/em><\/p>\n<h2><strong>Conclusion: Trade Now, Settle Later<\/strong><\/h2>\n<p>The Cash Boost Account is a game-changer for active traders.<\/p>\n<p>It empowers you to seize fleeting market opportunities without worrying about upfront capital. Remember, &#8220;Trade Now, Settle Later&#8221; is the mantra of CBA.<\/p>\n<p>So, why wait?<\/p>\n<p>Open a Cash Boost Account with Tiger Brokers today and transform your trading experience by clicking on the link below:<\/p>\n<p><a href=\"https:\/\/www.itiger.com\/sg\/marketing\/SCAPASIA?lang=en_US&amp;invite=SCAPASIA\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">https:\/\/www.itiger.com\/sg\/marketing\/SCAPASIA?lang=en_US&amp;invite=SCAPASIA<\/a><\/p>\n<p><!--more--><\/p>\n<p><strong><em>Disclosure<\/em><\/strong><em>: Terms and conditions apply for all promotions. Please refer to Tiger Brokers\u2019 official website for detailed terms and conditions related to the promotions mentioned in this article.<\/em><\/p>\n<p><em>This article is sponsored by Tiger Brokers. As always, conduct your due diligence and make informed decisions based on your individual circumstances.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Picture this: you&#8217;re tracking a promising stock that\u2019s about to skyrocket. You\u2019ve done your research, analyzed the charts, and everything points to a golden opportunity. But when you finally decide to make your move, you realize you\u2019re short on funds. The stock soars, and you&#8217;re left with nothing but overwhelming regret of a missed opportunity. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[3051,3059],"tags":[2615,2857,2858,2859,2860,2861,2862],"class_list":["post-17569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-singapore","category-investor-education-singapore","tag-gc","tag-tiger-brokers-cash-boost-account","tag-contra-trade","tag-tiger-brokers-contra","tag-tiger-brokers-contra-trade","tag-how-to-contra-trade-tiger-brokers","tag-contra-cash-boost-account"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/posts\/17569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=17569"}],"version-history":[{"count":5,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/posts\/17569\/revisions"}],"predecessor-version":[{"id":17627,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/posts\/17569\/revisions\/17627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/media\/17585"}],"wp:attachment":[{"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=17569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=17569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smallcapasia.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=17569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}