We may earn a commission if you open an account or buy a challenge through links on this page. Commissions never change our scores. How we make money

Racional vs Tiger Brokers: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only Racional lists Santiago Stock Exchange (Bolsa de Santiago).
Only Tiger Brokers lists Hong Kong Exchanges (HKEX), Singapore Exchange (SGX), Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Australian Securities Exchange (ASX).
Only Racional is licensed by CMF (Chile).
Only Tiger Brokers is licensed by MAS, SFC, SEC, and ASIC.

Criterion	Racional	Tiger Brokers On our watch list: check recent regulator actions and withdrawal reports before using it.
Rating	3.8/5 on other platforms 2.3K ratings	4.6/5 on other platforms 30.2K ratings
Regulators	CMF (Chile)	MAS, SFC, SEC, ASIC
Minimum deposit	CLP 5,000	No minimum
Markets	US exchanges (NYSE, Nasdaq), Santiago Stock Exchange (Bolsa de Santiago)	US exchanges (NYSE, Nasdaq), Hong Kong Exchanges (HKEX), Singapore Exchange (SGX), Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) +1
Products	stocks, ETFs, fractional shares	stocks, ETFs, fractional shares, bonds, options, funds
US stock or ETF order	$0 per order	$0.01 per share, minimum $1.99
Currency conversion fee	0.99%	—
Investor protection	SIPC	SIPC, Investor Compensation Fund (Hong Kong)
Deposits and withdrawals	Khipu, Bank transfer	Bank transfer, PayNow, FPS (Faster Payment System)
Available only in	Chile	—
Founded	2018	2014
Headquarters	Chile	—
	Read review	Read review

What is the minimum deposit at Racional and Tiger Brokers?

Racional: CLP 5,000. Tiger Brokers: $0.

Which regulators license Racional and Tiger Brokers?

Racional is licensed by CMF (Chile); Tiger Brokers by MAS, SFC, SEC, and ASIC.