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Moomoo vs Tiger Brokers: Which Is Best Online Brokerage For You This Year?

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Moomoo and Tiger Brokers are both known for their low commission fees and are some of the most popular online brokerage platform in Singapore which allows investors to invest locally in the Singapore market and internationally.

While Tiger Brokers and Moomoo are both similar in many ways, each have their unique features making one better than the other for different investors.

Here’s a closer look at each of the best online trading App to help you decide which one is right for you.

MOOMOO VS TIGER BROKERS AT A GLANCE

  • Moomoo Singapore is the best online broker for general investors and traders looking for the cheapest way to invest in both local (SG) and international market (US, HK and China).
  • Tiger Brokers Singapore is a good low-cost online brokerage firm for for active traders and intermediate to advance investors looking to invest in Australia and China Market, however the fee structure for Tiger Brokers is much more complicated.
  • Moomoo and Tiger Brokers are two of the top investment App that offers some of the lowest fees to invest in Singapore, US and HK.
  • Both online trading platforms offers Cash Management Account (CMA), winning the tiger isn’t easy, however Moomoo is a better choice if you are intending to open a CMA, as it offers offers a higher interest returns.
  • Moomoo is better choice for general investors, and Tiger Brokers is a better choice for traders who want diverse exposure to multiple market worldwide.

Moomoo vs Tiger Brokers Singapore Overview

What is Moomoo Singapore?

Moomoo Stock Market Trading Platform
Moomoo Singapore

Best Easy To Use Trading App For Investors

Moomoo Review

Our Score:

Minimum investment: $0
Stock/ETF Commission Fees: $0 for US, 0.03% for SG, HK
Options Fees: $0.65 Per Contract
Markets: United States, Hong Kong, China, Singapore
Suitable For: Beginner and Experience investors looking to invest in both locally and internationally.

Moomoo is a wholly-owned subsidiary of Futu Holdings Ltd. Officially launch in 2020.

Backed by Monetary Authority of Singapore (MAS), Moomoo Financial Singapore Pte. Ltd. holds a Capital Markets Services Licence (Licence No. CMS101000) holder with the Exempt Financial Adviser Status.

Like Tiger Brokers, Moomoo is an online broker that offers one of the lowest commission and platform fees helping small investors and traders to increase their investment returns.

  • Moomoo and is the first global digital brokerage in Singapore who is also SGX Group member with full membership across securities and derivatives markets.
  • Today, Moomoo SG let you gain access to Singapore, U.S. and Hong Kong/ China (H-Share) stock markets.

Moomoo is trusted by over 3 million registered clients and is named as the Top Brokers for Stock Futures & Options and Weekly Index Options.

What is Tiger Brokers Singapore?

Tiger Broker
Tiger Brokers Singapore

Best For International Market

Our Score:

Minimum investment: $0
Stock/ETF Commission Fees: 0.05% for US, 0.06% for SG, HK, CN, 0.10% for AUS
Markets: SG, US, HK, CN, AUS
Suitable For: Intermediate and Experienced Traders and Investors Looking to Invest In Australia.

Tiger Brokers was founded in 2014 and supported by a prestigious group of shareholders, including Interactive Brokers, Xiaomi, ZhenFund, and noted investor Jim Rogers.

Regulated by Monetary Authority of Singapore (MAS), Tiger Brokers (Singapore) Pte. Ltd. is licensed online broker to operate in Singapore.

  • Tiger Broker is based in the United States offering low fee option for investors and traders.
  • Today, Tiger Broker have access to Singapore, U.S. Hong Kong, China and Australia stock market.

Like Moomoo, Tiger Brokers have over 2 million account holders using to trade and invest.

Personally, I have been actively using Moomoo Singapore and have also open an account on the Tiger Broker online trading App. While I like using the Moomoo Trading App, I am always in search of the best online brokerage platform, and Tiger Broker shows great potential. This will be an honest review as an user of both platforms where I look at how Moomoo Singapore and Tiger Broker performs according to the most important criteria as an investor who invest in both local and international market.

Moomoo vs Tiger Brokers Key Features

Comparing the best of the best online trading platform in Singapore, making a Tiger Brokers vs Moomoo comparison is never easy.

Both offers low brokerage fees and trading fees in the market, while providing an amazing user experience for investors like us.

As online brokerage that are regulated by the Monetary Authority of Singapore (MAS) holding Capital Markets Services License, both online brokerage offers SingPass registration making the account opening process seamless.

Moomoo SG License - MAS (Jan 2024)
Moomoo SG Screenshot from MAS Website*
Tiger Broker SG License - MAS (Jan 2024)
Tiger Broker Screenshot from MAS Website*

Regardless, if you open an account with Tiger Brokers or Moomoo, these online brokerage company offers easy access to global trading using desktop and mobile trading apps

Either Moomoo or Tiger Brokers can be a good choice to start your investing journey, here are some features summarized for you.

Key FeaturesMoomooTiger Brokers
Minimum investment/ balance$0.00$0.00
Asset classesStocks
Options/ Futures
ETFs
Crypto
Stocks
Options/ Futures
ETFs
Account types availableBrokerage Account
Margin Account
Paper Trading Account
Cash Management Account
Brokerage Account
Margin Account
Paper Trading Account
Cash Management Account
MarketsSingapore
United States
Hong Kong
China (H-Share)
Singapore
United States
Hong Kong
China (A-Share)
Australia
FeaturesLifetime $0 Commission-Free Trading (US)
Low-Fees Trading (SG, HK, China)
Paper Trading
38+ Chart Drawing Tools
63+ Technical Indicators
Real-Time Market Data (Free Level 2 Quotes)
Real-Time Market News
Screener (Stocks)
Announcement/News Calendar
Investing Community
Low-Fees Trading (SG, US, HK, China, AUS)
Paper Trading
6+ Chart Drawing Tools
27+ Technical Indicators
Real-Time Market Data (Free Level 2 Quotes)
Real-Time Market News (Free Level 2 Quotes)
Announcement/News Calendar
Investing Community
Fractional Shares
PlatformMobile Trading App (iOS, Android)
Desktop Trading Platforms
Mobile Trading App (iOS, Android)
Desktop Trading App
Best for…People who want invest in multiple internal and local stock market and access to free Level 2 market dataPeople who want to do fractional shares and trade internationally over 5 countries.
Exclusive PromotionVisit Moomoo To Claim Free Stocks + CashbacksVisit Tiger Brokers
Moomoo vs Tiger Brokers Singapore Trading Platform Compared

Note: Data are consolidated, checked for accuracy and ensure outmost reliability by the Author through hours of research into each of the brokerage platforms, the author aims to provide the most accurate data by following strictly according to our editorial guidelines but always do your own due diligence before investing.

Moomoo SG vs Tiger Brokers Unique Features

Both stock trading Apps have their own unique features that makes them the best online brokerage for different types of investors and traders in Singapore. Here are some features that makes them special and deserve mentioning.

What Makes Moomoo Singapore Investing Platform Special?

Moomoo’s unique features includes:

  • Lifetime $0 Commission: $0 commission for the United States stock market. Moomoo is currently the best low cost trading App if you are looking to invest in the US market.
  • Low Overall Commissions and Fees: With a simple fee structure, Moomoo, offers one of the lowest fees for investing in Singapore, United States and Hong Kong.
  • Advance Charting And Technical Indicator: Moomoo offers the most range of advance charting and technical indicators for experience traders.
  • Real-Time Quotes: Free level 2 market data providing real-time quotes for the US, Singapore, and Hongkong stock market.
  • Cash Management Account: Moomoo Cash Plus is the highest interest rate cash management account that offers up to 5% interest rate for your uninvested cash.

Moomoo’s features makes it a top choice for investors and traders who wants a platform where you can use to trade and invest for the long term.

Simple fees structure and wide range of professional tools, Moomoo is one of the best online brokerage platforms for both beginners and experienced investors alike.

  • Extra S$20* FREE Cash Coupon.
  • Claim 4 x FREE stock bundle worth S$280* with $10,000 deposit & 8 buy trades.
  • Get additional S$260* FREE AAPL stock with $100,000 deposit.
  • Earn 31 days 6.8%* p.a. return on idle cash with Moomoo Cash Plus
  • Low commission fee for SG and HK stocks, ETFs and options.
  • Lifetime $0 commission free* for US stocks.

Moomoo Promo: Low Commission + Free Stock

What Makes Tiger Brokers Singapore Investing Platform Special?

Tiger Brokers’ unique features includes:

  • Access to China & Australia: One of the few online brokers that offers investors and traders the access to the China and Australia’s market.
  • Low Commissions and Fees: Offers some of the lowest trading commission fees.
  • Fractional Share: Tiger Brokers’ platform offers fractional shares investing when you invest in the United States stock market.

On top of cash management account called the Tiger Vault where investors get to gain a return on your uninvested cash.

Tiger Brokers’ most unique feature is the access to China and Australia market, making it a good choice for traders looking to trade in multiple market worldwide.

Tiger Broker
Tiger Brokers Singapore
  • Claim Free stocks when sign up a new account with our link.
  • Low commission fee to trade US, HK, SG stocks, ETFs, mutual funds and options.

Promo: Low Commission + Free Stock

Moomoo vs Tiger Brokers: Available Investment Products

Moomoo and Tiger Brokers offers a wide range of investment products not offered by traditional brokerage firms. 

Both offers low cost investing in stocks, ETFs and options while Tiger brokers also offers traders to trade futures and Moomoo offers the option for investors to buy and sell Cryptocurrency on the platform.

Investment ProductsMoomooTiger Brokers
StocksYesYes
OptionsYesYes
FuturesNoYes
ETFsYesYes
Mutual FundsNoNo
Crypto CurrencyYesNo

Moomoo vs Tiger Brokers: Market

Moomoo and Tiger Brokers offers trading access to both locally in Singapore and multiple international markets such as the United States and Hong Kong market,

Tiger Brokers offers investors to invest in a total of 5 different markets; Singapore, united States, Hong Kong, China and Australia.

Moomoo SG on the other hand offers investors 3 markets for to invest; Singapore, United States, and Hong Kong/China (H-Share).

MarketsMoomooTiger Brokers
Singapore Stock Exchange (SGX)YesNo
United States Stock Exchange (NYSE/ NASDAQ)YesYes
Hong Kong Stock Exchange (HKEX)YesYes
HKEX (China H-Share)YesYes
Australia Stock ExchangeNoYes
Moomoo vs Tiger Brokers Available Markets

Moomoo vs Tiger Brokers: Account Types

Moomoo and Tiger Brokers offer investors a variety of account types for different forms of investment; brokerage account, margin account, cash management account and paper trading account.

If you are looking to trade options/future, both offers the ability to perform these forms of advance trades. However Tiger Brokers only offer a list of basic chartings tools and technical indicators, while Moomoo offers a huge range of advance charting tools and technical indicators for free.

The availability of these advance tools makes Moomoo a better match to the account types it offers for the investors to trade efficiently.

AccountMoomooTiger Brokers
Brokerage (Stocks)YesYes
Brokerage (Options/ Futures)YesYes
MarginYesYes
Cash ManagementYes, Moomoo CashplusYes, Tiger Vault
Paper TradingYes, Moomoo Paper TradingYes, Tiger Paper Trading
Robo-AdvisorNoNo
Auto-InvestYes, Moomoo Auto Invest PlanYes, Tiger Auto-Invest
Credit CardNoNo
Moomoo vs Tiger Brokers Account Types Compared

Moomoo vs Tiger Brokers: Fees

Moomoo and Tiger Brokers are arguably two of the best online brokerage platforms to buy or sell stocks and securities with lowest platform and commission fees.

  • Investing in Singapore market shows a similar fee structure for both of the platforms, but buying and selling stock in Singapore with Tiger Brokers will require you to pay a custodian fee of $2 per quarter making Moomoo a far better choice.
  • Tiger Brokers charges lower fees when investing in the Hong Kong market, and have the option to invest in China and Australia.
  • Moomoo charges $0 commission and an overall lower fees when trading in the United States market making it s perfect option if you primarily invest in the US market.

Depending on which market do you choose to invest the fees varies, Regardless, both Moomoo SG and Tiger Brokers offers very low fees to start investing.

Local Stock Market Trading Fees

Singapore Market (SGX)Moomoo SGTiger Brokers
Commission Fee0.03% transaction amount. Min. S$0.99 per order0.03% trade value. Min. S$0.99 per order
Platform Fee0.03% transaction amount. Min. S$0.99 per order0.03% trade value. Min. S$1 per order
Custodian FeeNo Custodian FeesS$2.00 per quarter
Moomoo vs Tiger Brokers Fees Singapore Market Compared

Singapore Market: Moomoo do not require to pay custodian fees when investing in the Singapore market.

International Stock Market Trading Fees

US MarketMoomoo SGTiger Brokers
Commission FeeUS$0 for LifetimeUS$0.005 per share. Min US$0.99 per order
Platform FeeUS$0.99 per orderUS$0.005 per share. Min. US$1 per order
Custodian FeeUS$0.01 to $0.05 per shareUS$0.01 to $0.05 per share
Fractional sharesN.A1% of trade value if less than one share; standard US trading fees if more than one share
Moomoo vs Tiger Broker Fees US Market Compared

US Market: Moomoo offers US$0 commission making investing in the US to be very low cost, while Tiger Brokers offer fractional shares.

Hong Kong Market (HKEX)Moomoo SGTiger Brokers
Commission Fee0.03% of the investment amount or HK$3, whichever is higher0.03% trade value. Min. HK$7 per order
Platform FeeHK$15 per order0.03% trade value. Min. HK$8 per order
Moomoo vs Tiger Brokers Fees HK Market Compared

HK and China H-Share Market: Both Moomoo and Tiger Brokers offers similar fee structure, but Tiger Brokers is overall cheaper when investing in the Hong Kong market.

China Market
(A-Share)
Moomoo SGTiger Brokers
Commission Fee*N.A
H-Share available through HKEX
0.03% trade value. Min. CNH7 per order
Platform Fee*N.A
H-Share available through HKEX
0.03% trade value. Min. CNH8 per order
Moomoo vs Tiger Brokers Fees China Market Compared

*China A-Share was removed, initially it was commission fee at 0.03% trade value. Min. CNH3 per order and platform fee at CNH15 per Order

China A-Share Market: Tiger Brokers offers buying of China A-Share while Moomoo offers buying of China H-Share through HKEX.

Australia Market (ASX)Moomoo SGTiger Brokers
Commission FeeN.A0.03% trade value. Min. AUS$2 per order
Platform FeeN.A0.07% trade value. Min. AUS$6 per order
Moomoo vs Tiger Brokers Fees Australia Market Compared

Australia Market: Tiger Brokers offers buying of ASX listed stocks, where most brokerage don’t.

Note: Data are consolidated, checked for accuracy and ensure outmost reliability by the Author through hours of research into each of the brokerage platforms, the author aims to provide the most accurate data by following strictly according to our editorial guidelines but always do your own due diligence before investing. Fees are subjected to change by the brokerage provider, do check with the brokers for the latest updates on the fees.

Moomoo vs Tiger Brokers Which Is Better For Investors?

Tiger Brokers and Moomoo both offer low cost solution to investing and trading on the go using Mobile App or on desktop.

  • Both offers options for investors to invest locally in Singapore
  • Both offers investors to trade stocks in the international market (US and HK) as well.

In terms of brokerage fees Moomoo and Tiger Brokers are currently one of the lowest in the market, but still there are a certain situations where you may want to choose one over another.

Why Choose Moomoo?

Moomoo is the best easy to use online broker that any beginners can start investing while providing the most comprehensive investing tools for professional traders to perform trades on-the-go.

You may want to consider using Moomoo if you:

  • Invest primarily in the Singapore local market and the United States stocks market.
  • All-in-one online trading platform that you can basically do almost every form of investing (Stocks, Crypto, Options, Futures ETFs, CMA, etc.) in the same place.
  • Lowest fee brokerage platform that offers every features you will need as you grow and become more experienced as an investor, a trader.

Moomoo is suitable for:

  • Beginner investor or new investor who just started investing, and will like to invest for the long-term.
  • Experience investors who is looking for an trading App that offers advance charting and technical indicators.
  • General traders who do trading on a regular basis.
  • Extra S$20* FREE Cash Coupon.
  • Claim 4 x FREE stock bundle worth S$280* with $10,000 deposit & 8 buy trades.
  • Get additional S$260* FREE AAPL stock with $100,000 deposit.
  • Earn 31 days 6.8%* p.a. return on idle cash with Moomoo Cash Plus
  • Low commission fee for SG and HK stocks, ETFs and options.
  • Lifetime $0 commission free* for US stocks.

Moomoo Promo: Low Commission + Free Stock

Why Choose Tiger Brokers?

Tiger Brokers is the most diverse online trading platform that offers investors the ability to invest in many stock exchanges worldwide at low fees.

You may want to consider using Tiger Brokers if you:

  • Invest primarily in the Hong Kong or China market.
  • Option to invest in the Australia market is not common, and if you are interested in the Australia market, this might be a good choice.
  • Low brokerage fee online trading App that offers some basic features for a new trader and investor.

Tiger Brokers is suitable for:

  • Investors who wants to invest in China and Australia listed stocks.
  • Beginner investors or new investor who just wants the basics.
  • Traders who do not need to use other advance charting and technical indicators tools.
Tiger Broker
Tiger Brokers Singapore
  • Claim Free stocks when sign up a new account with our link.
  • Low commission fee to trade US, HK, SG stocks, ETFs, mutual funds and options.

Promo: Low Commission + Free Stock

Moomoo vs Tiger Brokers Singapore Which Will I Choose?

Choosing between Moomoo and Tiger Brokers is a tough one. Compared to Moomoo, Tiger Brokers offers the opportunity to invest in additional markets such as Australia.

However the fees charged for Tiger Broker is more complex compared to Moomoo.

  • Fee charged for Tiger Broker is sometimes “Per Share”, sometimes “Per Traded Value” which can be confusing.

Either Tiger Brokers or Moomoo will be a great option if you are investing in the United States and Hong Kong stock market.

Considering all the different factors and my personal investing needs, I will go with Moomoo as my preferred online brokerage of choice. My reason is as follow:

  • Moomoo offers a low fees when investing in Singapore, US and HK stocks which are where I primarily does my investing.
  • Since I don’t really invest in Australia listed stock, and I can still invest in China H-Shares through HKEX the edge which Tiger Brokers offers don’t really applies to me.
  • While I generally use fundamental analysis when investing, Moomoo offers a whole list of Technical Indicators which can be helpful at times.

As an investor myself, I think Moomoo gives a really good user experience while giving small investors like me all the tools and features I need to make an informed investment decision. 

Moomoo Stock Market Trading Platform
Moomoo Singapore

BEST FOR:  Beginner Retail Investors and Professional Traders Looking For All-In-One Trading App to Invest in SG, US, HK and China.

securely through Moomoo’s website

Whether if you are trying to win with tiger, or rise with the bulls, both are great options to choose from.

Check out the links below to look at the exclusive deals when you sign up with either of the platform.

Frequently Asked Questions (FAQs)

We’re supported by readers who buy via links on our site. While this may influence which products we write, it will not influence our opinions and evaluation. Learn more.

Disclaimer: All views expressed in the article are independent opinion of the author, based on my own trading and investing experience. Neither the companies mentioned or its affiliates shall be liable for the content of the information provided. The information was accurate to the best knowledge of the author. This advertisement has not been reviewed by the Monetary Authority of Singapore. * T&C Applies

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Founder & Financial Writer at Income Buddies | Website | Posts by Author

Antony C. is a dividend investor with over 15+ years of investing experience. He’s also the book author of “Start Small, Dream Big“, certified PMP® holder and founder of IncomeBuddies.com (IB). At IB, he share his personal journey and expertise on growing passive income through dividend investing and building online business. Antony has been featured in global news outlet including Yahoo Finance, Nasdaq and Non Fiction Author Association (NFAA).