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TIGER Company

  

Tiger Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Tiger Company, officially known as Tiger Brokers, was founded in 2014 by Wu Tianhua. The company set out to redefine global investing by leveraging technology to provide a user-friendly trading experience for both novice and seasoned investors.

  

Parent Company/Ownership Structure

  Tiger Brokers operates under its parent company, Up Fintech Holding Limited, which is publicly traded on NASDAQ under the ticker symbol Tigr. The firm has garnered substantial backing from notable investors, including Xiaomi and Interactive Brokers, which have contributed to its rapid growth and technological advancements.

  

Headquarters Location

  The headquarters of Tiger Brokers is located in Singapore, with additional offices in major financial hubs such as New York, Beijing, Auckland, and Sydney. This strategic positioning allows the company to cater to a diverse clientele across various markets.

  

Global Business Scope

  Tiger Brokers has established a significant presence in the Asia-Pacific region, particularly in China, where it primarily serves Chinese investors looking to invest in overseas securities. The company has expanded its services to include markets in the United States, Hong Kong, Australia, and Singapore, offering a wide range of financial products.

  

Main Regulatory Bodies

  Tiger Brokers is regulated by several financial authorities, including:

  • Monetary Authority of Singapore (MAS)
  • U.S. Securities and Exchange Commission (SEC)
  • Financial Industry Regulatory Authority (FINRA)
  • Australian Securities and Investments Commission (ASIC)
  • New Zealand Financial Markets Authority (FMA)

  

2. Company History and Development

  

Key Milestones

  • 2014: Tiger Brokers was founded in Beijing, China.
  • 2019: The company went public on NASDAQ under the ticker Tigr, marking a significant milestone in its growth trajectory.
  • 2020: Tiger Brokers expanded its services into the Australian market, further solidifying its presence in the Asia-Pacific region.

  

Business Expansion Journey

  Since its inception, Tiger Brokers has consistently expanded its offerings and geographical reach. The company initially focused on serving Chinese investors and has since broadened its scope to include international markets. This expansion has been facilitated by technological advancements and a commitment to providing a seamless trading experience.

  

Customer Base Growth

  As of December 2023, Tiger Brokers boasts over 2.2 million account holders and has seen significant growth in its customer base, driven by its competitive pricing and innovative trading platform. The company has reported an annual trading volume exceeding $294.2 billion.

  

Platform Development History

  The flagship trading platform, Tiger Trade, has undergone several iterations to enhance user experience. The platform supports trading in various asset classes, including stocks, options, futures, and ETFs, and is available on both desktop and mobile devices.

  

Important Awards or Recognitions Received

  Tiger Brokers has received numerous accolades for its innovative services, including:

  • Best Mobile Share Trading App (Finder Awards 2024)
  • Best Retail Broker Award (Winner 2023, Securities Investors Association Singapore)
  • Top Fintech Brokerage Award (2021-2024)

  

3. Trading Services Offered

  

Forex Trading Options

  Tiger Brokers offers forex trading with a variety of currency pairs, allowing traders to participate in the global forex market. The platform provides access to major, minor, and exotic currency pairs, catering to diverse trading strategies.

  

Stock Trading Options

  The company provides access to a wide range of stocks across multiple exchanges, including:

  • U.S. stocks (NYSE, NASDAQ)
  • Hong Kong stocks (HKEX)
  • Singapore stocks (SGX)
  • Australian stocks (ASX)

  

CFD Trading Products

  Tiger Brokers offers Contracts for Difference (CFDs) on various assets, allowing traders to speculate on price movements without owning the underlying asset. This includes CFDs on stocks, indices, and commodities.

  

Other Financial Instruments

  While Tiger Brokers currently does not offer cryptocurrency trading, it provides access to various other financial instruments, including:

  • Options
  • Futures
  • Exchange-Traded Funds (ETFs)
  • Mutual funds

  

Special Services or Unique Advantages

  One of the unique advantages of Tiger Brokers is its proprietary trading platform, Tiger Trade, which features advanced analytical tools, real-time market data, and a customizable interface. The platform also supports fractional shares trading, enabling investors to start with lower capital.

  

  

Detailed Regulatory Information

  Tiger Brokers is subject to regulation by several key authorities, ensuring compliance with local and international financial regulations. These include:

  • Monetary Authority of Singapore (MAS)
  • U.S. Securities and Exchange Commission (SEC)
  • Financial Industry Regulatory Authority (FINRA)
  • Australian Securities and Investments Commission (ASIC)
  • New Zealand Financial Markets Authority (FMA)

  

  Tiger Brokers operates through various legal entities in different regions:

  • Singapore: Tiger Brokers (Singapore) Pte. Ltd.
  • United States: Tiger Brokers (US) Inc.
  • Australia: Tiger Brokers Australia Pty Ltd.
  • New Zealand: Tiger Brokers (NZ) Limited.

  

Client Fund Protection Measures

  To safeguard client funds, Tiger Brokers adheres to strict regulatory requirements. Client assets are held in segregated accounts, ensuring that they are protected in the event of financial difficulties faced by the company.

  

Countries/Regions Served

  Tiger Brokers serves clients in multiple countries, including:

  • Singapore
  • Australia
  • New Zealand
  • United States
  • Hong Kong
  • China

  

Compliance History

  Tiger Brokers has maintained a solid compliance record, regularly undergoing audits and reviews to ensure adherence to regulatory standards. The company's commitment to compliance is reflected in its robust operational practices and transparent fee structures.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Tiger Brokers faces competition from several notable firms in the online brokerage space, including:

  • Interactive Brokers: A well-established global brokerage offering a wide range of trading services.
  • Charles Schwab: Known for its comprehensive investment services and competitive pricing.
  • Fidelity Investments: Offers a robust trading platform with extensive research and educational resources.
  • Robinhood: A popular platform among retail investors for its commission-free trading model.

  

Positioning in the Industry

  Tiger Brokers positions itself as a technology-driven brokerage, focusing on providing a seamless trading experience with competitive pricing. The firm targets both novice and experienced investors, aiming to democratize access to global financial markets.

  

Market Differentiation Factors

  Key differentiators for Tiger Brokers include:

  • A proprietary trading platform with advanced analytical tools.
  • Competitive commission structures with no hidden fees.
  • A focus on serving Chinese investors looking to access international markets.
  • A commitment to innovation, as evidenced by its recognition in various fintech awards.

  

Conclusion

  Tiger Company, through its innovative approach and commitment to technology, has established itself as a leading player in the online brokerage industry. With a strong regulatory framework, a diverse range of trading services, and a growing customer base, Tiger Brokers is well-positioned for continued growth in the global financial markets.

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