TigerTrade is one of the popular trading terminals. In this article, we will explain how to download the program, install it correctly, and start trading. You can familiarize yourself with all the features of the terminal in our TigerTrade article.
Why do you need a trading terminal?
A trading terminal is necessary for quickly and conveniently obtaining information about changes in the value of financial assets and efficiently placing orders to buy or sell them. With the help of the terminal, traders can also develop their own indicators, oscillators, and other tools to enhance the effectiveness of their trading. Using a terminal, a trader can control their actions in the market and manage their trading strategy.
Trading terminals also provide access to historical data, which can be used to conduct backtesting to evaluate the effectiveness of trading strategies and study market dynamics.
TigerTrade terminal should only be downloaded from the official developers' website to exclude the possibility of installing hidden programs and viruses on your device. The terminal is available for installation on Windows and Mac operating systems. Unfortunately, TigerTrade is not available for Linux and UNIX-based OS users.
Important considerations before installation
It is also worth noting that TigerTrade can only connect to a limited number of trading platforms. TigerTrade can be connected to QUIK, MetaTrader, and InteractiveBrokers broker. The terminal also supports the following exchanges:
A 14-day demo version of TigerTrade is available for free download on the official website, but it is limited to trading on cryptocurrency exchanges. To use the terminal for trading stocks and other assets, a subscription is required. The monthly subscription fee is $55. There is also an option for a one-time purchase (lifetime license) for $1500. TigerTrade subscription allows trading cryptocurrencies, stocks, futures, and currency pairs. We have also prepared a review on the topic of what is TigerTrade Broker and why it is needed.
Free Alternatives to TigerTrade
In addition to TigerTrade, there are other trading terminals available that can be downloaded for free. One such terminal is CScalp, which includes all the necessary tools for effective intraday trading.
CScalp terminal boasts a user-friendly interface that allows traders to navigate the platform effortlessly. The intuitive layout and customizable workspace enable traders to arrange charts, order books, and other essential trading components according to their preferences. This streamlined interface enhances efficiency and reduces the learning curve for new users.
CScalp supports trading on the following exchanges:
System requirements for TigerTrade
Here are the recommended specifications by TigerTrade developers:
- Processor: Intel Core i5-6600 or newer
- RAM: minimum 8 GB
- Hard Drive: 80 GB or higher
- Network Card: Integrated Internal Card 10/100
- Operating System: Microsoft Windows 7 SP1, Microsoft Windows 8.1 or newer,
- 64-bit version of Windows
- Internet connection with a minimum speed of 30 Mbps
- At least one monitor with Full HD resolution (1920 * 1080 pixels) or higher
Successful installation requires the installation of .NET Framework 4.7.2 or .NET Framework 4.8, which are mandatory for working with the TigerTrade Windows terminal.
How to Install TigerTrade
Run the installation file that was downloaded from the official TigerTrade website and accept the license agreement. Then, wait for the installation to complete. To start using the terminal, launch TigerTrade through the desktop shortcut.
After launching TigerTrade, the authorization window will open, where you can create a new account. Note that the account verification process requires a special code sent via email. Upon initial login, you need to select a license: Crypto or Trial. Once the license is chosen, the main terminal window will open.
Answers to Frequently Asked Questions about TigerTrade
In case of installation issues with TigerTrade:
- Check for updates of .NET Framework 4.7.2 or .NET Framework 4.8
- Update Windows to the latest version
- Restart your computer and try installing the terminal again
Can one TigerTrade license be used on multiple devices?
Yes, the TigerTrade subscription allows you to use the terminal on an unlimited number of devices.
What types of orders are available in the terminal?
- Market orders
- Limit orders
- Stop-limit orders
- Trigger orders
What analytical capabilities does TigerTrade provide?
TigerTrade offers a variety of analytical tools, including charts, technical analysis, volume display, and other indicators that help traders make informed decisions.