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Referral Codes · Investing

Tiger Brokers referral code for Singapore

What Tiger’s US$190 is worth after the fees it takes to use, why another member’s code can pay you more, and the three deadlines that decide it.

Tiger Brokers referral code, from its terms running to 31 Dec 2026, read 10 Nov 2026

Tiger Brokers referral code IPLGX0 gives a new Singapore customer up to US$190 in cash vouchers: US$10 on a first deposit of US$10 or more, and US$6 a day for 30 days if US$1,000 or S$1,300 stays in the account.

It isn’t the highest code going. Tiger pays more when the person inviting you has a higher membership level: US$220 from LV4 and up, or US$310 from LV7 to LV9 if you deposit US$10,000. Ours is an LV1 account.

Register with the link, or type the codeIPLGX0
Open our invite

We earn from this. The code is from our editor’s personal Tiger account, and Tiger gives that account the same vouchers you receive. If you know someone at LV7 or above and trust them, their code pays you more than ours. Money you put in Tiger is invested and can fall, which a few dollars of vouchers won’t make up for.

What would the US$190 really be worth to you?

Would you trade this often anyway?

US$190 in Tiger cash vouchers from the referral: US$10 at your first deposit, then US$6 a day for 30 days while the deposit stays in.

  • Each voucher needs its own filled order: 31 in all. At Tiger’s minimum US order fees, about US$2.17 each with GST, that’s US$67.27 in fees.
  • So the vouchers are worth about US$122.73 to someone who wouldn’t otherwise trade.

Tiger’s welcome offer starts at S$3,000 net deposited, so it doesn’t apply here.

S$ amounts converted at S$1.30 per US$1, the rate Tiger’s own thresholds imply. Tiger converts at the rate on the day.

Whose code you use sets the amount

Most referral schemes pay a new customer the same whoever invites them. Tiger’s doesn’t: its referee terms split the reward by the inviter’s membership level.

Inviter’s levelUS$10 depositedUS$1,000 or S$1,300 kept 30 daysUS$10,000 or S$13,000 kept 30 days
LV1 to LV3, including oursUS$10US$6 a day, US$180Same as the column before
LV4 to LV6US$10US$7 a day, US$210Same as the column before
LV7 to LV9US$10US$7 a day, US$210US$10 a day, US$300

The US$10 adds to either daily reward; the two daily rewards don’t add to each other. So the most anyone receives is US$310, and only through an LV7 to LV9 member with US$10,000 in. Tiger’s referrer terms group members as Standard, Elite and Prestige instead, with only Prestige reaching the US$10,000 tier; they don’t say which LV numbers each name covers. Someone posting a code can say what level they are, but you can’t check it before you sign up.

The catch: every voucher needs a trade

A Tiger cash voucher is a rebate, not money in your account. You pick it when placing an order, the order has to fill before the voucher expires, and Tiger pays back the voucher’s value or the order’s, whichever is less. It can’t be used on fractional shares or option exercises.

That matters because of fees. Tiger’s US share pricing charges a commission of at least US$0.99 and a platform fee of at least US$1 on every order, plus 9% GST: about US$2.17 on a small order. A US$6 voucher on a trade you wouldn’t otherwise make nets about US$3.83. Thirty of them is thirty separate orders.

The terms we read describe one voucher per order and don’t say two can be combined. There’s one more condition before money leaves: to withdraw anything the rewards earned, you need 10 trades since opening the account, each US$3 or more, and currency exchanges don’t count.

The welcome offer, which needs no code

Tiger’s “up to S$1,000” runs alongside the referral for anyone who hasn’t deposited before. It counts net deposits made within 30 days of your first one.

Net deposit within 30 daysStraight awayAfter 60 days at that level
S$3,000 to S$9,999S$100 US stock commission cardS$100 in vouchers
S$10,000 to S$99,999S$200 in commission cardsS$200 in vouchers
S$100,000 or moreS$500 in commission cardsS$500 in vouchers

So the S$1,000 needs S$100,000 held for 60 days, and half of it is commission cards. A commission card only pays commission: at the US$0.99 minimum it takes many small US orders to use up S$100 of it before it expires 90 days after it’s issued. The vouchers last 60 days once unlocked. Note the gap in the ladder: S$1,300 is enough for the referral’s daily vouchers but not for any welcome reward.

Three clocks to keep

  1. 30 days to make your first deposit. The referral link starts its clock when you register. Miss it and neither of you is rewarded, though the inviter can send a fresh invite.
  2. 30 days of keeping the balance. The daily vouchers accumulate while your net deposit stays at the level. Withdrawals reduce net deposit; market moves don’t.
  3. 60 days for the welcome vouchers, at the level you reached within 30 days of your first deposit.

Money put into Tiger’s Cash Boost Account doesn’t count towards the referral at all. The referral is only for friends who haven’t made a first deposit, in Singapore.

Ended on 30 October, or running to 31 December?

Several posts still say the US$190 offer closed at 3pm on 30 October 2026. Tiger’s current referral terms run from 29 September to 31 December 2026, 3pm, and say deposits made before 4pm on 29 September follow the previous campaign’s rules. We read them on 9 and 10 November and they hadn’t changed. If Tiger shortens the campaign, the box at the top of this page tells you.

Questions

Where do I enter a Tiger referral code?

Tiger’s terms allow either: register through the inviter’s link, or register with their invitation code. Do it before your first deposit.

Are the vouchers cash?

No. They’re rebates paid back after a filled order, valid for 90 days once active. Their proceeds can only be withdrawn after 10 qualifying trades.

I opened an account but never deposited. Can I still use a code?

The referral terms include friends who registered but haven’t deposited. The invitee page says the referee rewards are for new users registered through the referral, so an older registration may not qualify for your side.

Who regulates Tiger Brokers in Singapore?

Tiger’s site states that Tiger Brokers (Singapore) Pte. Ltd., registration number 201810449W, is licensed and regulated by the Monetary Authority of Singapore. Its referral pages note they haven’t been reviewed by MAS.

How we know this

We read Tiger Brokers Singapore’s referral terms, invitee terms, welcome terms and US share fees on 9 and 10 Nov 2026. The level table follows the invitee terms. The fee and net-value figures are our own arithmetic from Tiger’s published minimums, for orders small enough that the minimums apply. No one on our side has collected these vouchers as a new customer, so the timing is Tiger’s account of it. This page sets out an offer; it doesn’t say Tiger suits you.