The commission-free limit card issued by Tiger can be used to offset the commission or platform fee incurred when you trade through Tiger Trade App. The commission-free limit card has a certain limit, within which the client can use the commission-free trade until the limit is used up or the validity period of the commission-free limit card expires.
The commission-free limit card will take effect immediately after activation. You need to use commission-free limit card within the validity period. If you have two or more commission-free limit cards of the same category, the validity period will be automatically extended.
The Commission-free limit cards are used on a pre-deducted and rebated afterwards basis. You need to place an order within the validity period of the commission-free limit card and the order should be filled during the validity period in order for the commission-free limit card can be successfully used. You may choose to apply the Comission-free limit card on a particular trade if you are using Tiger Trade App version 8.0.8 and above. (commission-free limit card in the older versions will not be available). If your order has a matching commission-free trade, the system will automatically pre-select the Commission-free limit card with the nearest expiry when you place the order. If you want to cancel or change the commission-free trade, you can cancel or change it manually when placing the order.
(Notes: Orders bound with the commission-free limit card need to be fully filled before the commission-free trade can be successfully used. If the order is fully filled after the commission-free limit card expires, the commission-free limit card will not be used successfully.)
After the order is filled, the limit for commission-free limit card will be deducted. The commissions will be refunded to the client's Tiger account in the form of cash within 1 minute after the order is filled. Clients may check the commission refund details through the coupon details in Reward Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
Commission-free limit card needs to be used within the validity period, and any unused limit after the expiry date of the commission-free limit card will be automatically cancelled. After commission-free limit card is bound to an order, part of the limit for commission-free card will be frozen. If the order is fully filled, this part of limit will be deducted accordingly; if the order is not fully filled or cancelled, this part of limit will be refunded accordingly.
The commission-free trade is not available for exercised option orders.
By participating in events and receiving the rewards in your account, you agree that you will only withdraw the proceeds generated from the rewards after you have finished the first deposit for more than 180 days and have successfully completed 30 trades (since your account opening). Filled orders with amount less than USD3 or equivalent value or currency exchange orders will not be counted.