> For the complete documentation index, see [llms.txt](https://broker-docs.tiger.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://broker-docs.tiger.com/english-2/frequently-asked-questions/what-is-the-difference-between-a-personal-exchange-account-and-the-tiger.com-broker-account.md).

# What is the difference between a personal exchange account and the Tiger.com Broker account?

Your personal account on Binance/Bybit and your Binance/Bybit account via Tiger.com Broker are separate accounts that do not depend on each other. Because of this, there are a few key differences to note:

* The **deposit** you hold directly on the exchange is not connected to the deposit within Tiger.com Broker. To trade through Tiger.com Broker, you need to fund your **broker wallet** specifically. [Learn more about deposit](https://broker-docs.tiger.com/english-2/financial-operations/deposit).
* The **verification status** on Binance and Bybit does not affect your verification level in the Tiger.com Broker system. [A separate verification process](https://broker-docs.tiger.com/english-2/getting-started/verification) is required to approve your **broker account**.
* To receive **cashback** on exchange fees paid, you must trade using **API keys created directly in Tiger.com Broker**. Learn[ more about API keys creation](https://broker-docs.tiger.com/english-2/creating-api-keys).

{% hint style="info" %}
When trading through Tiger.com Broker, you will be executing trades **directly on Binance/Bybit** with the same **liquidity, activity, and trading rules** as on the exchanges themselves. The API keys created in Tiger.com Broker are identical to those on the exchange.
{% endhint %}


---

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