The commission-free trade is a reward card issued by Tiger Brokers that can be used to waive the commission for trading with Tiger. After the commission-free trade is issued, you need to go to [Tiger Trade App > Me > Promotions & Rewards] to collect the reward(s) within 20 days. Reward(s) that have not been collected after the expiration date will automatically become invalid. Clients need to use it within the validity period after receipt.
After the commission-free trade is used, the relevant commission will be waived on a first deducted and returned basis. The using times of the Voucher/Coupon on orders will be frozen and will not be used for other orders until the former orders are filled or canceled. If the orders are filled, the times will be deducted accordingly; if the orders are canceled, the times will be returned accordingly.
When the commission-free trades become effective, the linked order will be temporarily marked as "Waiving" and the waived portion will be refunded to your Tiger account in the form of cash rebate within the first business week of the following month. At that time, the "Waiving" mark will be updated to "Waived" for that order. Clients may view the cash back details through [Tiger Trade App > Trade > Order] or [Tiger Trade App > Trade > More > Statement].
The commission exempted by the commission-free trade is capped at $15 or equivalent in other currencies. The single and multiple commission-free trade(s) are effective within the validity period and the specified number of times. If the specified number of times is used up earlier than the validity period, the next commission-free trade will automatically be valid. If you have two or more commission-free trades of the same category, the validity period will be automatically extended, and unused ones will become invalid after the expiration.
The commission-free trade(s) can be used when placing an order in the Tiger Trade App of version 7.0.7 and above (The commission-free trades in the old version will be used by default). The commission-free trade(s) will be frozen twice on special orders such as Stop Loss Order and Stop Loss Limit Order. The frozen commission-free trades will be released when the order is cancelled. Besides, when the commission-free trade(s) meet the conditions of use, client(s) may use the commission-free trade(s) for orders that have generated commissions in the past 30 natural days via [Tiger Trade App > Trade > Order > Details > Use Commission-Free Trade].