There are 2 types of account at Tiger Brokers – a Margin Account, and a Cash Account. A Margin Account will allow you to execute margin trades and short sells (intraday leverage up to 4 times, and overnight leverage up to 2 times). You will be able to trade all products available at Tiger. However, if you're not proficient with margin or short sells, the next account is for you. The basic Cash Account is more suitable for beginners and allows you to trade with cash. You will not be able to execute margin trades, short sells, futures, and options.