This was posted 2 years 7 months 20 days ago, and might be an out-dated deal.

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Joining Bonus $10 Voucher, 1 Free Apple Share + 1 Free Share with Deposit or Transfer of A$3000 Worth of Shares @ Tiger Brokers

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Joining Bonus $10 Voucher, 1 Free Apple Share + 1 Free Share with Deposit or Transfer of A$3000 Worth of Shares @ Tiger Brokers
Go to Deal
dpk on 05/04/2022 - 20:13 tigerbrokers.com.au (3285 clicks)
Last edited 06/06/2022 - 13:45 by 3 other users

Get a Stock Voucher of AUD 10 once a new client successfully completes the Account Opening. Get one Apple share (Nasdaq: AAPL) and win a free share by lucky draw on your first qualifying deposit of at least AUD 3000.

The available stocks in the lucky draw game include Tesla Motors share (Nasdaq: TSLA), Apple share (Nasdaq: AAPL), Uber share (NYSE: UBER), Twitter share (NYSE: TWTR), Virgin Galactic share (NYSE: SPCE) and GoPro share (Nasdaq: GPRO). The clients will randomly receive one of the available stocks, which will range in value up to USD 1000. Most clients receive a stock bonus that has a value of less than USD 50.

Welcome Prizes Terms and Conditions

1) 1 Free AAPL Share (Deposit or Transfer of $3000 required) +
2) 1 Free Share of TSLA, AAPL, TWTR, UBER, GPRO or SPCE (Deposit or Transfer of $500 to $3000 required) +
3) 1 $10 Free Stock Voucher +
4) $0 brokerage for US & AUS shares for first 3 months
5) Cheap Currency Conversion Fee AUD ⇆ USD 37 BPS Per Transaction
6) After earning 3500 coins can buy 1 Alibaba stock for 10% off
7) After earning 4500 coins can buy 1 Meituan Stock for 10% off
8) Users who get the feedback email can get $80 or $40 Amazon or Coles voucher
9) Some users can get online feedback notification for $2 Stock Voucher

Referral Links

Referral: random (193)

Referrer gets US$50 of fractional shares.

Financial Share Trading

Related Stores

Tiger Brokers
Tiger Brokers

closed Comments

      • Fuzor on 07/04/2022 - 09:06

        why did they make this such a difficult platform…

  • KDang on 07/04/2022 - 00:05
    +8

    Ok this is no longer a good idea for people that just wants an Apple share to make a quick buck.

    I got my Apple and GoPro shares and were able to sell it but any amount above the $3000 I deposited originally cannot be withdrawn to bank account.

    According to Tiger I had to pay total commission above the shares value in order to withdraw my extra cash…

    • Associatedwcy @ Tiger Brokers on 07/04/2022 - 00:20

      Have you traded five times? I was told as long as you traded five times, it should be fine. Maybe talk to the customer service?

      • KDang on 07/04/2022 - 00:42
        +4

        I have.
        Trading 5 time allows you to sell the free shares, but to withdraw the proceeds from the sale you have to pay overall commission higher than the value of said free shares on their platform.
        There’s no brokerage fee but every transaction has a commission it’s very tricky.

        • fruitysalad on 07/04/2022 - 08:47
          +4

          This is misleading advertising, and we should complain accordingly. Perfectly fine for them to require commissions accrued to equal the prize, but it needs to be clearly shown, and not hidden in a disclaimer at the bottom of the T&C, especially when the 5 trade rule also exists and more easily seen.
          Who knows what will come out of it but I will be taking this approach once I get my 5 trades in.

          • jimwh on 07/04/2022 - 09:00

            @fruitysalad: They will need disclose the commission they earn each time people trade so people know how much trade are expected.

        • Gazpacho on 08/04/2022 - 22:11
          +1

          Any updates on this Kdang? Some people have said they managed to withdraw without incurring commissions greater than the share value?

        • KDang on 14/04/2022 - 22:46
          +2

          Update: I have been able to withdraw my earnings. You have to leave the converted funds from Usd to Aud there 2-3 days and you can withdraw.
          There are commission charges for purchase and admin fee for sales but you can withdraw the free share for sure.

      • jimwh on 07/04/2022 - 08:38
        +7

        I will hold back deposit until we get clarification. There is no point do that promotion if this is the term preventimg people from withdraw. Tiger will earn a bad reputation and no one is going to use them.

    • Charlie Dont Surf on 07/04/2022 - 11:32
      +2

      Thanks for sharing your experience (upvoted), as it's saved me a call/email to their Customer Service for clarification.

      So you did all this within a matter of hours? Created account, transferred $3K, received Apple and GoPro shares, traded five times, sold Apple, sold GoPro, and initiated a withdrawal-of-total request?

    • Aureus on 07/04/2022 - 12:43
      +2

      Thanks for confirming that.

      Such an incredibly dodgy company. Hiding that huge condition under the "Disclaimers" section. It isn't condition, not a disclaimer and should be under the "4.3 Free Shares" section.

      Going to withdraw and ask they don't give me the Apple share. More effort then it is worth.

    • USER DC on 21/04/2022 - 22:59
      -1

      Also when I talked to them

      they cleared to me they have hidden fees like
      Handling fee/processing fee etc.

      SO ITS NOT a FREE BROKERAGE AT ALL.

      ALL Bloody Puffs and myth, seriously no one should be using them.

      Also the way how CS person was saying you obviously dont want to buy something of $5, when you have $10 voucher, (because they know buying $5 voucher will cost us $0 in TOTAL fees (incl hidden fee) and buying $10/$10+ stock will cost us some amount in fees (like commission/ handling/processing fees whatever BS)

      • dpk on 22/04/2022 - 06:33

        At the most I paid 0.01 or 0.02

  • wwwboy on 07/04/2022 - 05:49
    +2

    So was anyone able to Join, get the free AAPL share etc.. and take all their money out successfully ? And how long did it take in total ? And you made a profit for sure?

    I was concerned by one comment saying there was some commission fees to pay.

    • daclaw on 12/04/2022 - 19:36
      +1

      Yes, did it today

  • Jason Genova on 07/04/2022 - 08:50
    +3

    will hold back depositing based on other commentators

  • KarlDilkington on 07/04/2022 - 08:52
    +2

    Where do we see the shares?
    I signed up, put in $3000, and can't see anything.
    Seems like a very confusing platform that seems to hide your funds.

    • dpk on 07/04/2022 - 22:25

      Apple share will be displayed in Portfolio within 10 business says, most people get them within couple of days.

      • USER DC on 21/04/2022 - 23:04

        Signed up on 6th, still Have not gotten it.

        There excuse, I used Poly and made two transfers, of $1, and $3000

        Because I wanted to confirm if the money actually comes through or not that's why $1 first. This should not be a problem in any way IMO, just stupid technology implemented by them.

    • zzzsianzzz on 08/04/2022 - 00:44

      on app android, me -> rewards center for status

  • zooter on 07/04/2022 - 09:13

    my withdrawal still hasn't reached my account next business day (even though I requested withdraw during business hours). Either it's a very new platform that are trying to work out things or things are made slow and confusing to deter people from withdrawing their funds back. Either ways, once the test transfer hits my account, i'm pulling out the rest of my money

    • wordsmith on 07/04/2022 - 10:36

      In the same boat, test withdrawal of $100 still pending, chat support says this takes about 1-3 business days. Bank account was authenticated in about 15 mins post submission of statement. Hope there are no charged laid by bank due for incoming transaction due to SWIFT.

      • zooter on 07/04/2022 - 11:53
        +1

        if you go into the app >Tiger Account > Funds Record > Request

        I can see that the withdrawal is under "REviewing" status…seems very suss…why would they need to review it after authenticating the bank account?

        • zooter on 07/04/2022 - 12:49
          +1

          update: super shady, the app says that withdrawal will be under "Reviewing" status for 1 to 2 business days. Surely this is illegal under Australian law? are they not supposed to process the withdrawal the same business day if it's before end of business hours

          I've revoked my vote, but unable to neg them. Somebody with more time should complain to AFCA or so around holding people's money for multiple business days before processing withdrawals

          • wordsmith on 07/04/2022 - 13:47

            @zooter: My status says "bank processing" , of course there is no timeline on when will this be completed.
            As new to trading, I might still end up using them but these steps sort of define the experience.

            • jimwh on 07/04/2022 - 13:55
              +1

              @wordsmith: mine showing the same…

              • jimwh on 07/04/2022 - 16:36

                @jimwh: Received

                • wordsmith on 07/04/2022 - 19:46

                  @jimwh: Mine arrived around 5, so not too bad, have left 200 in the account and moving back rest of the amount , will transfer as needed in future.

  • Section2 on 07/04/2022 - 09:40

    Anyone have success with their online chat? it is a blank page on the app for me at the moment

  • ComfortablyNumb on 07/04/2022 - 09:41
    +1

    Hope it gets resolved for all.. i'm holding back too until good reviews / reports come in. Almost seems a little too good to be true…

    • jimwh on 07/04/2022 - 09:48
      +1

      If it is not resolved it will send a panic wave…

  • Jason Genova on 07/04/2022 - 11:55
    +1

    seems like a bait and switch

  • hotdogwater22 on 07/04/2022 - 11:57

    I feel this will have a bad ending. I have $3k of cash and an Apple and Virgin Galactic share with them now 😬

    • wordsmith on 07/04/2022 - 14:00

      you could start the withdrawal at least

  • axlfan on 07/04/2022 - 12:20

    Related recent press release - https://mumbrella.com.au/akcelo-appointed-by-nasdaq-listed-t…

    WWIW, they are taking ANZ launch seriously.

  • axlfan on 07/04/2022 - 12:36

    Its times like these when ING cheap fees starts to bite. Does not support POLI and doesnt send reference number during money transfers.

  • Cluster on 07/04/2022 - 13:16
    +5

    If you're looking for a broker and will be trading anyway then it's a nice bonus to get $200+ of free shares.

    But if you're just after free money then you won't get any. You have to pay $200+ in commissions while trading shares, so you're paying for the "free" shares. Plus you have to record any capital gains and losses on trading, include that in your tax return, and this offer starts to look very lousy.

    I'm also very much against burying the commission clause in the fine print, while highlighting customers only need to conduct 5 trades to qualify. Sure, you get the AAPL share, but if you can never withdraw it without paying its value in commissions, what good is it?

    This deal should be amended to mention the commission clause.

    • axlfan on 07/04/2022 - 14:50

      Makes sense. There is no "free lunch' as such except perhaps being at a top of a ponzi pyramid scheme.

      • Cluster on 07/04/2022 - 14:54

        'Free lunches' are few and far between, but they do exist. BankSA offered $40 free for anyone opening a new debit account. Just deposit $500, and make 5 transactions. Costs the customer nothing, and I got my free $40. HSBC gave me $100 free for opening a debit card.

        What Tiger is doing is making people pay for the shares in a sneaky way.

    • Dane90 on 08/04/2022 - 08:47
      +2

      This is wrong, the commission clause is there but it isn't applied. I think people are getting confused as when you sell the share and transfer to AUD you have to wait 3 days for it to settle and be able to withdraw.

    • daclaw on 14/04/2022 - 12:39
      +1

      I got it! Did the 5 trades and was able to withdraw everything ok, did take a few days for it all to happen but everything worked out well in the end.

  • Charlie Dont Surf on 07/04/2022 - 14:20
    +2

    It's not unusual for "fast transfers" (in and out) to be reviewed or slowed a little. My experience with some other other online brokers is that monies can't be churned within 5 days - perhaps some anti money laundering requirement/measure imposed from above.

  • jimwh on 07/04/2022 - 16:35
    +6

    I want to report that I requested a great portion of my $3000 deposit to be withdrew and now I have received them.

    • zooter on 07/04/2022 - 17:54

      same here, my test transfer came through as well…i guess the question is if i do 5 transfers > $1 can I withdraw the apple share or not?

  • hahaer on 07/04/2022 - 20:12
    +4

    As for the apple share, after you sold it, you would be paid USD. Then you would need to go to ‘trade’ and exchange USD to AUD and it takes 3 business days to settle. Then you would be able to withdraw AUD to your bank. I have been doing this many times.

    • Newgod on 08/04/2022 - 00:23

      Could you withdraw the free Apple share without meeting the commission condition?

      • hahaer on 08/04/2022 - 06:19
        +3

        I have never been charged for any commissions. I didn’t even trade 5 times before I withdrew the apple share money.

        • jimwh on 08/04/2022 - 17:40

          Is the money immediately available for withdrawal after you sold the apple share?

          • hahaer on 09/04/2022 - 06:43
            +1

            @jimwh: 2 days to settle the selling of apple + 3 days to settle money exchange ( usd to aud) + 2 days to bank

  • No ONE on 07/04/2022 - 21:59

    How would the AU $10 stock voucher would work if
    • exchange AUD to USD to buy US stock

    How would the AU $10 would apply to US stock?

    • dpk on 07/04/2022 - 22:07
      +2

      Just buy any us stock which is equivalent or bit more than AUD $10 (For ex: Go Pro share) and the amount Will be reimbursed. You don't need to exchange anything. AUD $10 will be used towards the share you buy.

      • ujwols on 07/04/2022 - 22:51

        This is not correct. It won’t let you buy us stock if you don’t have USD.
        1. You need to first convert your AUD cash to USD
        2. Buy US shares
        3. Get reimbursed as per stock voucher value

  • Ash-Say on 08/04/2022 - 05:33

    Has anyone been asked to upload bank statement to authentic their back account when they tried to withdraw funds?

    • dpk on 08/04/2022 - 07:12

      It's the way to authenticate bank account

  • matbargain on 08/04/2022 - 08:03
    +3

    Worked great. Was able to withdraw everything, easy free money, thanks!

    • Aureus on 08/04/2022 - 13:10

      I hope I have your luck.

    • jimwh on 08/04/2022 - 17:38
      +1

      I can withdraw the $3000 I deposited but the cash generated from the vouchers through trading haven't been available for withdraw. So I guess it will take a few days to settle?

      • Charlie Dont Surf on 08/04/2022 - 21:57
        +1

        Keep us posted on how this turns out. There is conflicting information and experiences in this thread.

        • Gazpacho on 08/04/2022 - 22:12

          Interested to hear whether you manage to get the cash from your free shares and voucher out!

          • jimwh on 08/04/2022 - 23:17

            @Gazpacho: I should be able get them out. It will take 2 couple of days to settle.

            • matbargain on 13/04/2022 - 07:27
              +1

              @jimwh: I was able to withdraw the $100 referral bonus, as well as the apple, and virgin galactic share. Ended up being about $350AUD free. Fantastic deal

              • Ash-Say on 13/04/2022 - 08:15

                @matbargain: I know you can get $100 bonus for referral but how to get it added into your account?

                • jimwh on 13/04/2022 - 12:34

                  @Ash-Say: You have trade, every time you buy or sell the $10 or $20 was added to your account, providing your trade amount is greater than that.

              • jimwh on 13/04/2022 - 12:36

                @matbargain: Me too. Have not sold apple but just withdrawn the cash back from vouchers

  • geremyfarr on 08/04/2022 - 09:12
    +1

    Worked for me - got AAPL and a GoPro share. I'm keen to know if anyone got anything different than a GoPro share?

    • wordsmith on 08/04/2022 - 10:36

      Virgin Galactic

    • hahaer on 08/04/2022 - 13:43

      Twitter

      • Aureus on 08/04/2022 - 18:08

        Just need another 73,115,037 to match Elon's ownership.

    • daclaw on 08/04/2022 - 19:23

      Uber

  • geremyfarr on 08/04/2022 - 12:18

    Does anyone know how to use the $10 voucher correctly?

    • dpk on 08/04/2022 - 12:43

      Check the above comments

    • hanofee on 08/04/2022 - 13:29

      u need to claim it in the reward then put an order. it doesn't work the other way around (even if the order is fulfilled much later). had to do it 2x to use mine, as I did it in the reverse :(

  • baka1 on 10/04/2022 - 11:11

    Is it possible to get the free AAPL share (and other free shares) and then request for a transfer to a different brokerage (like CMC Markets) without needing to do the 5 trades or meet the commission requirement?

    Note - just read this condition for international transfer for CMC: The minimum transfer amount for international shares is AUD $10,000 per holding.

  • faze on 11/04/2022 - 22:37
    +5

    Yep legit. Signed up, got my free shares worth $300 and just cashed out with no probs

  • CharcoalChicken on 12/04/2022 - 15:49
    +2

    Just an update, I am able to sell the free aapl share and transfer the $250 to my bank account. It took me almost a week though.
    Note: I did 5 trades already.

    • Jason Genova on 12/04/2022 - 15:59

      some people said they didnt need to do the 5 trades

      • truetypezk on 12/04/2022 - 22:59
        +1

        Just refer a friend and do 5 trades for another 100 free money. A few intraday quick trades on a stable stock comes with minimal risk.

  • daclaw on 12/04/2022 - 16:33
    +5

    Was able to sell my Apple and Uber stock, convert to AUD, did the 5 trades then withdrew all funds for a free ~$250, thanks!
    Will deposit again with a small amount for some more free trades.

  • [Deactivated] on 12/04/2022 - 18:24
    +2

    Also got all the money without problem. $235 profit

  • ComfortablyNumb on 13/04/2022 - 08:58
    +4

    Okay signed up, deposited will critique - first impressions - the app looks and feels like Binance!?

    Heads up -
    Deposited $3k via Poli, in pretty quickly (15 mins) - normally instant…
    Added my bank account and commenced verification / uploaded a bank statement
    Collected my $10 reward in the rewards centre and activated
    AAPL and GPRO shares awarded once $3k deposit in

    From here:
    Transfer AUD to USD for purchases
    Buy - Will do a Share transaction > $10 (to get the $10 reward rebate) (probably buy 1 GPRO 8.58USD = 11.51AUD)
    Buy - Will do 4 more transactions > $1 USD (probably buy 4*1 GPRO)
    Sell - GPRO
    Sell - AAPL
    Transfer USD back to AUD
    Withdraw

    Will update as it goes through as a guide.
    Also going to refer a couple of friends.

    • Charlie Dont Surf on 13/04/2022 - 17:04
      -1

      Fill us in on your CGT journey too!

      • ComfortablyNumb on 13/04/2022 - 17:24
        +2

        Tried to keep it US shares as have a lot in ASX - I use sharesight to keep track of all that stuff…

        • Charlie Dont Surf on 13/04/2022 - 19:48

          For a rapid churning exercise like this it probably is a good idea to buy more of the "free stock" that you were given, it then allows you to sell them as a bundle in a single trade down the track.

          • ComfortablyNumb on 14/04/2022 - 07:34
            +1

            @Charlie Dont Surf: Correct - hence the GPRO buys…
            Phase one done, credit $6.71 USD ($10 AUD voucher) after purchases going through last night and all $1 min 5 trades now met…

            I now own 6 GPRO and 1 AAPL (both still in the process of being credited) + bank account approved for withdrawal soon.

            Fairly straight forward process, will see what the commission costs are like and will add to the above. Don't know what everyone was complaining about earlier?

    • ComfortablyNumb on 16/04/2022 - 10:07
      +2

      Okay - the share transaction to get the initial $10 AUD reward - the SELL counts, so if you DO NOT have 5 x $20 AUD referral vouchers, you do not have to buy and sell 5x - the sell transaction on your bonus stock counts and rebates the $10 AUD on sign up.

      As stated earlier, to get the $100 AUD referral rewards, this is given in 5 lots of $20 AUD vouchers, and you need to do 5 separate orders >$AUD - Good idea might be to buy $100 AUD worth of US stock, then sell 4 x lots > $20 AUD to qualify for the rebates.

      That's pretty much it, very straight forward.

  • DavyD on 14/04/2022 - 10:42

    My fund not arrived for more than 4 business days now. Feels unsafe compare to other trading platform. Definitly not recommend them

    • daclaw on 14/04/2022 - 12:40
      +1

      I withdrew to a CBA account, funds were there the next day

    • wordsmith on 14/04/2022 - 12:48
      +1

      I did two withdrawals, $100 and $2800, each took about 24 hours.
      Is your bank account authenticated?

    • DavyD on 14/04/2022 - 13:02

      Problem resolved guys! The tips from my experience is: avoid using a joint bank account for fund transfer

      • wordsmith on 14/04/2022 - 13:17

        That's an interesting one, I used a joint account and it worked out ok.

  • wordsmith on 14/04/2022 - 12:00
    +1

    For anyone still wondering, I had a chat with support and have the confirmation, text below copied from my chat with them:

    Received from the team, as long as you meet the 5 tradings demand, you could withdraw the free apple share. The term that you just mentioned is one of our regulation, but for withdraw the free apple share, you may only need to follow the 5 tradings demands.

    However, there is something that makes it bit inconvenient for someone new to trading like me:

    1. Minimum Investment Amount
      For the purchase of an Australian stock that is not held in the account, the minimum purchase amount is 500 AUD; for the purchase of an Australian stock that is held in the account, there is no minimum.

    Chat rep confirmed that there is min $500 spend for any new ASX stock I want, subsequent purchase of same stock can be any amount as long as min 1 stock is bought.

    I am not familiar with other platforms, but is this a condition true elsewhere too?

  • Autonomic on 14/04/2022 - 12:07
    +4

    I signed up and put in $3000, was awarded the AAPL + GoPro share which took a day or two to be assigned to me. Sold them (didn't even need to do the 5 trades) and waited 2 days for settlement before withdrawing. Took around 24 hours from withdrawal to being deposited into my bank account. Total profit was $238.

    • ComfortablyNumb on 14/04/2022 - 12:33
      +1

      Cool going to get my friend to try out the non 5 trade and see if that works, I did them because thought it was a caveat. Well done.

      • truetypezk on 14/04/2022 - 13:29
        +1

        You don't need to do 5 trades unless you have referral vouchers to cash out. Also you will get the voucher value when you place a sell order , i.e. additional fund up to $20. kind of unexpected.

  • Ash-Say on 14/04/2022 - 13:50

    I received 5 X $20 vouchers from referral.

    Do I need to make 5 purchase of $20 each and this will then be rebated into my account?

    Is it US$20?

    • truetypezk on 14/04/2022 - 15:05

      It can be both buy and sell. Buy 20 you get 20 back, sell 20 and you get 40 back. It is in AUD.

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