This was posted 1 year 8 months 5 days ago, and might be an out-dated deal.

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Get 5 Fractional Shares Worth US$50 with Any Amount Deposit + A$80 ShopBack Cashback (with Minimum $50 Deposit) @ Tiger Brokers

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Get 5 Fractional Shares Worth US$50 with Any Amount Deposit + A$80 ShopBack Cashback (with Minimum $50 Deposit) @ Tiger Brokers
Go to Deal
bob98 on 17/04/2023 - 06:44 tigerbrokers.com.au (437 clicks)
Last edited 17/04/2023 - 13:39 by 2 other users

FREE MONEY MONDAY! downvote if this isn't alright and I'll delete it, but who doesn't love free money.

Shopback link

_*Steps*__
1. In order to be valid for this promo, you need to have a shop back account. You can signup via here —> https://app.shopback.com/
2. Download the shopback app. Login to your shop back account through the app
3. Search tiger brokers on the app or if on desktop https://www.shopback.com.au/product/search/tiger%20broker
4. Once clicked you will see the offer “New signups with a first deposit of $50 AUD or more will receive $80 cash back via shop back.

  1. Click shop now. Now create your account/sign up on the tiger broker website

  2. Once you sign up, it can take like 30 mins for your account to be approved/activated. Then download the tiger broker app on the App Store and login via the phone number option

  3. Once you’re in on the tiger broker app, Deposit $50aud into your app.

  4. Once you have deposited, You will then receive as a reward 5 shares valued at a total of $50usd ($76aud) .. it can take 30 mins or so for them to show up in your rewards and then into your actual balance

  5. You can then withdraw the $50aud you initially deposited. Withdraw it back to your bank account. Then at this point it means you have spent $0

  6. During Monday to Friday and between 10AM and 4PM you want to sell the $50usd ($76aud) in shares that you have been rewarded. Once you sell these shares you can withdraw that $50usd ($76aud) straight into your bank account

  7. You will also receive the $80 shopback which may take some time to track and show up in your shopback account but usually will show within 7 days.

  8. As you all know how shop back works already, you cannot withdraw that $80 that you receive from shop back until 3 months later.

So a quick TLDR. Signup on both, deposit $50aud into tiger broker account. Once you deposit that $50aud you will receive an additional $50usd ($76aud) as a reward. Withdraw the initial $50aud you deposited and put it into the bank. Your tiger broker account will have the $50usd ($76aud) in shares just sitting in your account. Sell those shares during market hours and then withdraw that $50usd ($76aud) to bank account once shares are sold. This $76AUD IS STRAIGHT PROFIT. You also have the $80 shop back which will be available to withdraw from your shop back account in 3 months

Referral Links

Referral: random (194)

Referrer gets US$50 of fractional shares.

Financial Brokerage Cashback Share Trading

Related Stores

Tiger Brokers
Tiger Brokers
ShopBack AU
ShopBack AU
Third-Party

closed Comments

  • Sarinella on 17/04/2023 - 07:04

    Any fees on withdrawals?

    • bob98 on 17/04/2023 - 07:11

      0 fees back to your bank from my knowledge

  • Mortin on 17/04/2023 - 07:30

    Do i have to pay CGT on that sale?

    • CyberMurning on 17/04/2023 - 07:33

      Of course.. this is Australia

    • Mokr on 17/04/2023 - 09:10
      +5

      No cost base is shares price of aquire

    • Pacify on 18/04/2023 - 16:41

      Only if the share goes up between when you receive it and when you sell it.

      These sort of offers are counted as a gift as far as tax goes

  • CyberMurning on 17/04/2023 - 07:32
    -1

    Not chess sponsored

    • SolitaryMan on 17/04/2023 - 07:58
      +2

      Well they’re fractional shares, so kinda hard to split them across more than one HIN 🙄

      Not sure why anyone would want to go for fractional shares.

      • Cjdanger on 17/04/2023 - 08:01

        You can get exposure without forking out large sums at a time i guess.

        • SolitaryMan on 17/04/2023 - 08:23
          -3

          If you can’t afford a whole share then I would question whether you should be investing that money in a stock (with the obvious exception of BRK/A, but they also offer the /B in that instance).

          • Charlie Dont Surf on 17/04/2023 - 11:55

            @SolitaryMan: If you're DCA, say, $500 a week, it allows you to continue to build your position in four or five (or more) stocks, which you probably wouldn't be able to do if you're only buying whole stocks on this basis.

            Probably at some point in the future you'll want to level them all out, but maybe that's just my OCD neatness kicking in.

    • I like freestuff on 17/04/2023 - 08:37
      +2

      No one is saying use it as your broker, get the free money and run.

  • CyberMurning on 17/04/2023 - 07:35
    +1

    Will we get good easy to follow report that we need to lodge tax at the end of financial year?

    • toasty on 17/04/2023 - 10:29

      This is the most important question!

      If the EOFY reports are bad, then it can be a pain in the arse to complete your tax return.

      But I still decided to take the risk for the ~$230AUD return (which, at the time, in addition to the rewards offered now also included one free BHP share for depositing $1000AUD into my account).

      • Bigboy97 on 17/04/2023 - 10:46
        +1

        Yeah doubt the ATO will care that much for small amounts. Wouldn’t bother declaring tbh

      • OrangeBJ on 20/04/2023 - 06:42

        BHP share bonus is targeted?

  • Cjdanger on 17/04/2023 - 07:40

    Tiger trying to get in the WeBull referral hype? They are giving a minimum of around $160AUD without the complicated shopback.

    • Charlie Dont Surf on 17/04/2023 - 10:53

      I did the Tiger Dance last year (free AAPL share). It was worth it, but of the three new fintech brokers I've used, they had the most uncertainty regarding T&Cs and whether we'd get paid!

      I will say, though, that their mobile platform UI is the best of the three. Laying on the sofa at night checking on US stock prices "watchlist", I do it on Tiger now.

  • IsTops on 17/04/2023 - 07:46

    Not for existing clients?

  • Zippy7 on 17/04/2023 - 07:47
    +1

    Interesting, but how much personal information do you need to provide to them in order to sign up?

    • Murdrum on 17/04/2023 - 08:02
      +3

      About the same as GE Money/Latitude Financial 😏

      • Cjdanger on 17/04/2023 - 08:04
        +15

        Yup. Personal info isn't worth anything anymore when my phone provider, health care provider and credit provider all lose my info…

        May as well get paid for it before it gets leaked.

        • basketcase86 on 17/04/2023 - 08:14
          +2

          This. Good way to look at it!

        • Mokr on 17/04/2023 - 09:11

          This are new companies data is handled better than legacy

          • dcep on 17/04/2023 - 10:55
            +1

            @Mokr: Never forgets Shopback data leaks

            • Cjdanger on 17/04/2023 - 11:30

              @dcep: Shopback was the first time my 10 year old email got pwned!

  • [Deactivated] on 17/04/2023 - 08:09

    When does this expire?

  • Synticulous on 17/04/2023 - 08:19
    +2

    You won't get any cashback from this mob, someone please please show otherwise their own success on appeal?

    • GachiFish on 17/04/2023 - 10:07

      Can confirm otherwise, tracked quickly and got my monies did it back when they had the 65$ offer

    • Murdrum on 17/04/2023 - 10:07
      +3

      This was my first thought. Maybe you can make the initial bit of money, but surely Tiger Brokers won't pay out the cashback, just like retailers don't pay out cashback on orders that are refunded.

    • Bigboy97 on 17/04/2023 - 10:59
      +1

      I got mine from the last round of promos

  • Silentninja7 on 17/04/2023 - 08:27

    I got my toger cashback, but i left money in there for 3 months

    • NoDowt on 17/04/2023 - 08:39

      Did you leave the shares there for the 3 months before selling, or just left the deposit & sold share value there 3m withdrawing?

      • Silentninja7 on 17/04/2023 - 08:46

        I sold the shares and traded new shares, i just left money in tiger (100$) before withdrawal, i had 1000$ plus at one stage, i just left 100$ in there until cashback approved.

        Same with etoro, i withdrew money and left 5$ until shopback approved

        • NoDowt on 17/04/2023 - 09:43

          ok cool. Contemplating signing up, depositing, selling the freebies & leaving the deposit & sold freebies in until cashback confirmed… Should do the trick… hopefully…

          Worse case i'm outa pocket the $50 deposit for 3 months…

  • Jimbuscus on 17/04/2023 - 08:30
    +1

    I made a deposit via PayID, it said it would be available within seconds, but 5 minutes later my deposit still hasn't arrived.

    • NeedWifeForVeryCheap on 17/04/2023 - 08:34

      Same here

      • Jimbuscus on 17/04/2023 - 08:35
        +1

        The live chat support says it isn't open until 9am, I will contact them via that when they open, I've noticed that not all PayID supported depositors have a system that actually works 24x7. Sometimes its just the first one that lags.

        • Jimbuscus on 17/04/2023 - 10:29

          Took a couple hours and had to contact support, but they finally deposited it after all the hoops.
          Now it needs a SWIFT code for withdrawals, I've never seen that before, I've had to contact my bank now for that.

          Edit: You also need to upload a bank statement in order to get your money back, you can't add a bank to withdraw to without it, that should be listed in this post.

    • bob98 on 17/04/2023 - 08:55
      +1

      Yeah I’m also waiting for my payid to go through I’ve messaged support anyway and will update as soon as I get one

    • bob98 on 17/04/2023 - 10:13

      Message the help centre if your payid is your initials you’ll just have to confirm with them your full name on the bank acc

  • nickl1986 on 17/04/2023 - 08:34
    -1

    Anyone else unable to get pay I'd or bank account for deposit ?

    • Jimbuscus on 17/04/2023 - 08:36

      You won't get it until they approve your KYC.

      • nickl1986 on 17/04/2023 - 12:24

        Already gave my driver's license and my status is account Opening successful…or do they take time to verify after approval?

  • Quppa on 17/04/2023 - 08:44
    +5

    Don't these terms apply?

    By participating in this event and receiving the free share(s) in your account, you agree that you will only withdraw the proceeds generated from the free share(s) after you have successfully completed 10 trades.

    https://www.tigerbrokers.com.au/activity/forapp/rules/?id=ol…

  • edrift on 17/04/2023 - 08:52

    Do they charge brokerage to sell your free shares?
    If so it's going to cost more to sell them.

    • MagpieSilver on 17/04/2023 - 09:31

      Free brokerage for first three months. But yes, that's the potential catch.

    • CyberMurning on 17/04/2023 - 09:33

      even if there is fee it would be cheap. they are budget broker.

  • blue114 on 17/04/2023 - 09:32
    -1

    You cant cash in or sell these fractional shares unless you pay the extra to get one full share.
    And they are all high priced shares that you pick from $100 plus

    • Charlie Dont Surf on 17/04/2023 - 10:47
      +2

      This is incorrect. It is the broker who consolidate fractions into whole shares (across various buy/sell orders) before they execute the buy or sell. For highly-liquid stocks like the ones listed here, the trade will be immediate.

  • MagpieSilver on 17/04/2023 - 09:32
    +2

    The small print says you need to have ten trades of a dollar or more before you can cash out the free shares. (It doesn't specify whether a 'trade' is a buy/sell or pair. Assume 10 dollar buys are fine.)

  • bob98 on 17/04/2023 - 09:36

    Waiting on a mates reply I’m sure they’ve sold all there stocks already though

    • MagpieSilver on 17/04/2023 - 09:45

      The t's and c's get updated frequently (you can often get bonus free BHP or such shares too).

      The link above doesn't have the terms, but when i joined it was:

      "By participating in this event and receiving the free share(s) in your account, you agree that you will only withdraw the proceeds generated from the free share(s) after you have successfully completed 10 trades."

      So I guess it depends how strict they are at matching the terms at sign up to accounts, or whether they are standard and not updated precisely for each of the many promos they have. (Unlikely when it comes to Finance, but they are based in Singapore not AU.)

      • xare on 17/04/2023 - 11:59

        Can you sell the free shares, make 10 trades with the cash and then withdraw?

    • NoDowt on 17/04/2023 - 09:45

      Ah interesting to see this before i sign up… Free money good… having to jump through extra hoops of additionial buy/sell before getting free money… probably not worth my time haha

      Though, ebven the $80 cashback from SB is propbably worth it even if never selling the free shares.

  • MagpieSilver on 17/04/2023 - 09:40

    Oh, and the minimum buy parcel of ASX stocks is a $500 initial buy. Free money aside, the app is pretty good, and I've been pretty impressed so far.

    Tiger are based in Singapore, so there is some bad English here and there, confusion with jumps between USD and HKD, and lame competitions that try to gamify what should be grown up finance stuff. A weird tonal mix.

    • colt75 on 17/04/2023 - 09:53

      Wow minimum asx trade of 500?

      Can you transfer shares from tiger to say commsec?

      • Serapis on 17/04/2023 - 10:11

        That's the same as self wealth though

    • CyberMurning on 17/04/2023 - 09:59

      what? 500 ?

      • MagpieSilver on 17/04/2023 - 10:34

        First buy. Then you can do the $1 ones. If you’re risk averse, go for a stock that rarely moves in price.

  • cheatGPT on 17/04/2023 - 10:01
    +1

    I have an account with them. In my case the deal was 5 Fractional Shares + 50 USD Tesla Shares.
    I deposited $50AUD.

    After selling that 5 Fractional Shares and Tesla Shares and converting them back to AUD, they won't let you withdraw the cash out of their platform.

    I can only withdraw that $50 deposited and another $22.63.

    There is a balance of $118.07AUD shown in the account but not letting me withdraw.

    • bob98 on 17/04/2023 - 10:08
      -1

      hmmmmmm thats very strange still worth it for the $80 shopback though. in my eyes anyway

    • quac on 17/04/2023 - 10:08

      sorry to hear this issue - i recently signed up to the WeBull promotion, and on trustpilot people are saying how they can't withdraw. I'm not sure if this is just a industry-wide scamming practice

      • cheatGPT on 17/04/2023 - 10:21
        -2

        For Moomoo or Futubull, they had a higher deposit requirement like 2000AUD for a month for 1 share of Apple/Tesla or etc (worth > 100USD). It was able to be withdrawn.
        However, they don't have good deal like before anymore.

        Anyway in this case, still worth a try for the cashback.

        • bob98 on 17/04/2023 - 10:28

          Just got my 5 shares they gave me a option to pick 5 from a list of 10

        • Jimbuscus on 17/04/2023 - 11:25

          Moomoo has been the biggest headache, they keep saying they didn't get my money after sending them statements etc.

      • Cjdanger on 17/04/2023 - 12:19
        +1

        Take those reviews with a grain of salt, WeBull have been around for a bit now in Australia and all I've heard is positive. I've personally withdrawn multiple thousands from them with 0 issue. They even have a phone number you can call if you need help.

        Also check out the recent ozbargain deal posts, nobody is complaining about not being able to withdraw :)

    • xare on 17/04/2023 - 11:59

      What if you make 10 trades with those $50 and then withdraw?

    • dpk on 17/04/2023 - 12:15

      Conversion takes couple of days to clear

  • GachiFish on 17/04/2023 - 10:12

    My experience - deposited 50$ got the 65$ cashback confirmed, used the 50$ deposit + 50$ vouchers which they gave to buy microsoft stocks.

    Everything tracked and was confirmed pretty easily.

    • bob98 on 17/04/2023 - 10:29

      just got my 5 shares waiting for them to hit my acc and will see if i can sell/withdraw

  • lc0 on 17/04/2023 - 10:27

    wait do you need to sign up for tiger brokers on the shopback page or can u sign up beforehand and just log in using the shopback link?

    • bob98 on 17/04/2023 - 10:27

      Sign up via ShopBack

      • lc0 on 17/04/2023 - 10:42

        how long does it take to get the shares after depositing?

        • bob98 on 17/04/2023 - 10:50

          Few mins mine was delayed as my payid was my initials and I had to send them my bank statement to confirm

          • lc0 on 17/04/2023 - 10:50

            @bob98: yep just got mine took 15 mins but didn’t have to confirm anything

            • bob98 on 17/04/2023 - 10:51
              +1

              @lc0: Brilliant! Well done mate can’t argue with free money on a Monday!!!!

  • bob98 on 17/04/2023 - 10:32

    https://imgur.com/a/vAosuBr

  • JSONBourne on 17/04/2023 - 11:05

    These guys have been spamming Reddit with their offers to get customers pretending to be helping people save money.

    Seems like a dodgy business and given the conditions to withdraw it seems like a bad deal. Avoid.

    • Serapis on 17/04/2023 - 16:23

      I've noticed reddit has some seriously shady ads, from dodgy products to crowdfunding scams and even at one time partnering with FTX.

      I think they just take the money without doing much, if any, due diligence so I'm very wary of anything advertised there.

      • JSONBourne on 17/04/2023 - 16:26

        They’re not even ads. Just post masquerading as ‘did you know you can get free money via this Cashback??’ and if you go to the user they’ve spammed about 10 different subs.

        They all eventually get banned for spam. But it’s sockpuppeting which is more loose on Reddit.

  • JackMa101 on 17/04/2023 - 11:16

    Quick question, can I use one existing ShopBack account to sign up multiple new tiger trading account? Plan to sign up for my wife and myself. Will I be eligible for multiple 80 SB cashback?

  • dontbeatightarse on 17/04/2023 - 11:20
    +3

    Forget making the 10 trades they can keep their "free shares". Just withdraw $49 and leave $1 in their until you get your shopback.

  • dontbeatightarse on 17/04/2023 - 11:38

    FYI

    "This store is currently BANNED from store representative posts.
    Reason: Sockpuppeting (Rep only) Expiry: permanent"

    • wangasm on 17/04/2023 - 11:54
      +1

      It doesn't mean much, you'll find many legit stores on here with that ban (including big names like Amazon, JB Hifi etc.)

  • cook99 on 17/04/2023 - 11:42
    +1

    Cashback was rejected without notification or reason. Took 3 more months of follow up emails before they finally paid it but have seen too many rejections with Tiger to trust them still

  • shanlee on 17/04/2023 - 12:53
    +3

    got the cashback without any issue during the last promotion. Also, was invited for a feedback session by tiger broker team n was offered $100 coles GC in return. the feedback session was around 30 min n got the $100 coles GC in the next 5 min, after completing the feedback call.

  • blkcar on 17/04/2023 - 13:20

    Signed up just to get a look at their site, ever since the spam to phone has gone from nothing to heaps.

    Could be just a coincidence but I'm very careful when sharing my mobile number & use site below wherever I can.

    https://fakenumber.org/australia/mobile

    • shanlee on 17/04/2023 - 13:29

      get the boost mobile, when you have cashback n use it as a SIM for these kinda sign ups.

    • wangasm on 17/04/2023 - 16:57

      fakenumber does nothing now when most places require you to verify your number
      As suggested go for the "free" boost sims, or for longer term the Optus flex plan for $1 every 6 months

  • payless69 on 17/04/2023 - 13:39
    +1

    This forum is full of Mao freaks who downvote free money.

    • bob98 on 17/04/2023 - 15:01
      +1

      can take upto half hour

    • Techefy on 17/04/2023 - 19:25

      same here. did they show up for you?

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