Tiger Securities Account Opening Reward of 1000 HKD#
The requirement for opening an account with Tiger Securities is to provide other overseas account statements or account opening proof before May 19, 2023.
Fill in the invitation code: A1IDJH to receive a reward of 1000 stock vouchers.
Alternatively, you can also click this link to open an account: https://cn.tigrdw.com/activity/market/lego/?id=nzinvitegift&lang=zh_CN&skin=1&platform=ios&os=iOS&account_id=5229371&invite=A1IDJH
Pitfalls of Tiger Securities New Account Opening Rewards#
First Deposit Retention for 60 Days to Earn 300 Stock Vouchers#
This consists of 3 vouchers worth 100 each, and you can only redeem one voucher after buying stocks worth more than 100.
Do not consider stock volatility risks.
So if you buy 00493 at around 100, the transaction fee is about 21 HKD. Buying 3 times and selling once incurs a total fee of 84 HKD.
Thus, you can earn around 200 HKD.
Trading Rewards#
Do not consider stock volatility risks.
Buying 5 times earns 3 vouchers worth 100 each. The transaction fee is 21 HKD each time. The principal incurs 6 transactions with a total fee of 126 HKD, using vouchers 3 times incurs a fee of 84 HKD, resulting in 300 - 126 - 84 = 90 HKD at most.
Buying 10 times earns 6 vouchers worth 100 each. The transaction fee is 21 HKD each time. The principal incurs 11 transactions with a total fee of 231 HKD, using vouchers 7 times incurs a fee of 147 HKD, resulting in 600 - 231 - 147 = 192 HKD at most.