-
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.
Notes：
The commission-free trade is not available for exercised option orders.
The commission-free trade is not available for flash trades on Mobile Trading Platform.