- The Commission-free trades 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 trades card will take effect immediately after activation. You need to use the Commission-free trades card within the validity period. If you have two or more Commission-free trades cards of the same category, the validity period will be automatically extended.
- The Commission-free trades 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 trades card and the order should be filled during the validity period in order for the Commission-free trades card can be successfully used. You may choose to apply the Comission-free trades card on a particular trade if you are using Tiger Trade App version 7.2.0 and above. For the older versions, the Commission-free trades card will automatically be applied to trades selected by the system. If your order has a matching commission-free trade, the system will automatically pre-select the Commission-free trade 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 tied with the Commission-free trade card need to be fully filled before the Commission-free trade card can be successfully used. If the order is fully filled after the Commission-free trade card expires, the Commission-free trade card will not be used successfully.)
- After the order is filled, the number of times that the Commission-free trades card will be deducted with 1. The commissions will be refunded to the client's Tiger account in the form of cash within 1 minute after the order is filled. Client may check the commission refund details through the Rewards Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
- Both the Single Commission-free trade card and the multi-commission-free trades card can only be used for a specified number of times within the validity period, and any unused times of the commission-free trades card will automatically be cancelled after the expiry date. After the Commission-free trades card is bound to an order, the number of times for commission-free trades card will be frozen. If the order is fully filled, the number of times will be deducted accordingly; if the order is not fully filled or cancelled, the number of times will be refunded accordingly.
Notes:
- The commission-free trade card is not available for exercised option orders.
- The commission-free trade is not available for flash trades on Mobile Trading Platform.