Singapore Exchange Is Tiger Brokers safe?
1. Tiger Brokers is registered with the Monetary Authority of Singapore (MAS). As a registered financial institution with MAS, Tiger Brokers must adhere to strict regulations and standards to ensure the protection of its clients' assets and the integrity of its financial dealings.

It's worth noting that MAS is a regulatory body that oversees and supervises the financial industry in Singapore, with the aim of promoting stability and fairness in the financial system. By ensuring that firms like Tiger Brokers are registered with and regulated by MAS, Singapore aims to maintain the trust and confidence of its citizens in the financial system.

2. Customer shares in Tiger Brokers are typically held in a custodian account. A custodian account is a type of brokerage account where the broker holds the customer's securities in trust, acting as a custodian or administrator of the assets.

In the case of Tiger Brokers, customer shares are held in a segregated account with a reputable third-party custodian, such as a bank. This arrangement helps to ensure the safety and security of customers' assets, as the assets are held separate from the broker's own assets and are protected in the event that the broker experiences financial difficulties or bankruptcy.

By using a custodian account, customers can have peace of mind knowing that their assets are held in a secure and regulated environment. The custodian is responsible for the safekeeping of the assets, and the customer retains ownership of the securities, giving them full control over their investments.

3. In the event that Tiger Brokers experiences financial difficulties, the safety of your shares held in a custodian account would typically be protected, as they are held in a segregated account separate from the broker's own assets. This means that in the unlikely event of a broker's bankruptcy, the customer's assets held in a custodian account are generally protected and should not be affected.

However, it's important to keep in mind that while custodian accounts are designed to provide added protection for customers' assets, there is still some risk involved with any investment, including the risk of market fluctuations or potential fraud. Before investing with any broker, including Tiger Brokers, it's important to carefully consider your own financial situation and risk tolerance, and to carefully review and understand the broker's terms and conditions, including any associated risks.

It's also a good idea to stay informed about the financial health and stability of your broker, as well as the regulatory environment in which they operate, to help ensure that your assets are as safe and secure as possible.

Tan Kin Lian

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