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Choosing the Right Investment Platform: Sharesies vs. Tiger Brokers

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Investing your hard-earned money can be a bit like choosing a Netflix series to binge-watch – it’s a decision that requires some thought. And just like streaming services have their own exclusive shows, investment platforms offer unique features and perks.

Today, we’re going to dive into the world of investing by comparing two popular platforms that you can find in New Zealand: Sharesies and Tiger Brokers. Whether you’re a seasoned investor or just dipping your toes into the stock market waters, this guide will help you decide which platform suits your financial goals and preferences.

Overview of Sharesies

Sharesies, like a breath of fresh Kiwi air, hails from New Zealand and has made a splash in the world of investing. It’s all about making investing accessible to everyone, not just the bigwigs on Wall Street. You can think of Sharesies as the platform that welcomes both newbies and pros with open arms.

To start your investing journey with Sharesies, all you need is an internet connection and some cash (not heaps of it, though). They’ve got a slick and user-friendly website, plus a nifty mobile app. Signing up is a breeze, and you can fund your account with as little as $5.

One of the things that make Sharesies stand out is its investment smorgasbord. You can buy shares, dive into exchange-traded funds (ETFs), or go for managed funds – all in one place. It’s like having a buffet of investment options at your fingertips.

Overview of Tiger Brokers

Now, let’s jet over to Tiger Brokers, an online brokerage firm that’s been making waves across the globe. Tiger Brokers might sound fierce, but it’s also user-friendly. It’s like the cool kid who’s been around the investing block.

Tiger Brokers is a platform designed for traders and investors looking for a wider range of investment options. Whether you want to trade stocks, options, or even futures, they’ve got you covered. And they don’t just stop at the local market; they offer access to international markets too.

Getting started with Tiger Brokers is a bit like signing up for a streaming service—you fill out a form, verify your identity, and deposit some money into your account. With a sleek mobile app and web platform, you’ll have all the tools you need to start trading at your fingertips.

Fees and Costs

Alright, let’s talk about everyone’s favorite topic – fees and costs. We all know they can eat into your investment returns, so it’s crucial to understand what you’re signing up for.


Sharesies offers a straightforward fee structure. You’ll pay a brokerage fee for each buy and sell transaction, which is a percentage of the transaction amount. The good news is that there’s no account maintenance fee, so you won’t get hit with any surprise charges.

When it comes to currency conversion, Sharesies has a 0.4% fee for converting your NZD to USD for international investments. It’s worth noting that this fee is in addition to any exchange rate spreads.

Tiger Brokers

Tiger Brokers also charges a commission for each trade, and the rates can vary depending on the market you’re trading in. For example, trading US stocks typically comes with a fixed commission plus a fee based on the transaction value. There’s no account maintenance fee here either.

Currency conversion at Tiger Brokers is a bit different. They have a separate currency conversion service called “Tiger Trade FX.” This service comes with its own set of fees, including a spread and a service fee.

When it comes to fees, it’s essential to do the math based on your trading frequency and the markets you’re interested in. For some investors, one platform may be more cost-effective than the other.

User Interface and Ease of Use

Alright, let’s put on our comfy investing pajamas and talk about user experience. After all, nobody wants to struggle with a clunky platform when they’re trying to make money moves.


Sharesies prides itself on being user-friendly, and for good reason. Their website and mobile app are intuitive and easy to navigate, even for beginners. Setting up your account and executing trades is a breeze. Plus, they offer educational resources to help you understand the ins and outs of investing.

Tiger Brokers

Tiger Brokers also offers a user-friendly platform, with a clean and modern design. The mobile app and web platform provide real-time market data, research tools, and advanced charting capabilities. However, it might have a bit of a learning curve for absolute beginners, especially if you’re diving into complex trading options.

Both platforms offer demo accounts, so you can practice trading without risking real money. It’s a handy feature for those who want to get a feel for the platform before going all-in.

Investment Options and Market Access

Now, let’s talk about the investment options and the markets you can access through these platforms. After all, variety is the spice of life (and investing).


Sharesies offers a diverse range of investment options. You can buy shares in individual companies, explore ETFs, or go for managed funds. It’s like having a menu with options for every taste bud.

When it comes to markets, Sharesies primarily focuses on New Zealand and Australia but also provides access to the US market. It’s a good choice if you’re looking to start with a smaller investment and gradually expand your portfolio.

Tiger Brokers

Tiger Brokers takes you on a global investing adventure. They offer access to a wide range of markets, including the US, Hong Kong, China, Singapore, and more. If you want to trade international stocks or explore options and futures, Tiger Brokers is your ticket to the world of global finance.

It’s worth mentioning that Tiger Brokers might be more suitable for experienced investors or those with a specific interest in international markets.

Customer Support and Education

Let’s face it; even the savviest investors need a little help now and then. That’s where customer support and education come into play.


Sharesies provides customer support through email and live chat. While they may not offer 24/7 support, they do their best to respond promptly during business hours.

When it comes to education, Sharesies has a treasure trove of resources. They offer articles, webinars, and tutorials to help you understand investing better. It’s like having a friendly mentor in your pocket.

Tiger Brokers

Tiger Brokers also offers customer support through email and live chat. They aim to provide quick responses to user inquiries.

In terms of education, Tiger Brokers offers a range of resources, including market insights, research reports, and educational webinars. They cater to traders and investors who want to dig deeper into the world of finance.

Security and Regulation

Now, let’s talk about the serious stuff—security and regulation. You want to know that your money and personal information are safe and sound.


Sharesies takes security seriously. They use bank-level encryption to protect your data and partner with a reputable custodian to hold your investments. Plus, they’re regulated by the Financial Markets Authority (FMA) in New Zealand.

Tiger Brokers

Tiger Brokers also prioritizes security. They have a multi-tier security system in place to safeguard your assets and information. They are regulated by multiple authorities, including the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS).

Both platforms have robust security measures, but Tiger Brokers’ international focus means they have to adhere to regulations in multiple jurisdictions.


Alright, it’s decision time. Sharesies and Tiger Brokers are both fantastic platforms, but they cater to slightly different tastes.

If you’re new to investing and want an easy-to-use platform with a focus on New Zealand and Australia, Sharesies is a fantastic choice. The low minimum investment amounts and educational resources make it accessible for beginners.

On the other hand, if you’re an experienced investor looking for a broader range of investment options and international market access, Tiger Brokers is a solid contender. It’s like the Swiss Army knife of investment platforms, with tools for traders of all levels.

In the end, the right platform for you depends on your financial goals, risk tolerance, and the type of investments you’re interested in. Remember, there’s no one-size-fits-all answer, and both Sharesies and Tiger Brokers have their strengths.

Additional Resources and Disclosure

Before you dive into the world of investing, make sure to do your homework. Visit the official websites of Sharesies and Tiger Brokers. And always remember to invest responsibly and within your means.

Want to learn more?

Side Hustles NZ

Hey, I’m Rachel! I started Side Hustles NZ in 2021 with the goal of helping Kiwi’s start and grow small businesses in New Zealand. During the week you’ll find me discussing side hustle ideas in our Facebook group, working in my website design business, or riding my horses.

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