Search

For more information about TIGER BROKERS Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence A

Software Index

No software

TIGER BROKERS Company

  

Tiger Brokers Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Tiger Brokers Company, founded in June 2014, is a prominent online brokerage firm that specializes in providing trading services for a diverse range of financial instruments. The company was established to cater primarily to Chinese investors interested in accessing global financial markets, particularly those in the United States and Hong Kong.

  

Parent Company/Owership Structure

  Tiger Brokers operates as a subsidiary of Up Fintech Holding Limited, which is publicly traded on the NASDAQ under the ticker symbol TIGR. The company has garnered significant backing from notable investors, including Xiaomi and Interactive Brokers, which enhances its credibility and operational capacity.

  

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 firm to effectively serve a global clientele.

  

Global Business Scope

  Tiger Brokers provides access to a wide array of financial products, including stocks, options, ETFs, futures, and mutual funds. The firms services are available to investors across multiple regions, including Asia-Pacific, the United States, and Australia.

  

Main Regulatory Bodies

  Tiger Brokers is licensed and regulated by several key regulatory bodies, including:

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

  

2. Company History and Development

  

Key Milestones

  Tiger Brokers has achieved several significant milestones since its inception. The company went public on NASDAQ in March 2019, raising approximately $139.1 million in its initial public offering. This move not only bolstered its financial standing but also increased its visibility in the global market.

  

Business Expansion Journey

  The firm has steadily expanded its services beyond China, establishing a strong presence in international markets. The launch of its mobile trading app, Tiger Trade, has been a pivotal factor in its growth, allowing users to trade a variety of financial instruments seamlessly.

  

Customer Base Growth

  As of December 2023, Tiger Brokers boasts over 10 million registered users and 2.2 million account holders globally. This substantial customer base underscores the firm's effectiveness in attracting and retaining clients through its innovative platform and services.

  

Platform Development History

  Tiger Brokers has continuously enhanced its trading platform, integrating advanced technology to improve user experience. The introduction of features such as AI-powered investment tools and customizable interfaces has made the platform appealing to both novice and experienced investors.

  

Important Awards or Recognitions Received

  The company has received numerous accolades for its services and technology, including:

  • Best Mobile Share Trading App (Finder Awards 2024)
  • Top Fintech Brokerage Award (2021-2024)
  • Best Customer Service Award (2023/24)

  

3. Trading Services Offered

  

Forex Trading Options

  Tiger Brokers offers a competitive forex trading service, providing access to a range of currency pairs. The platform supports trading in major pairs, minor pairs, and exotic currencies, catering to the diverse needs of forex traders.

  

Stock Trading Options

  The brokerage provides extensive stock trading options, allowing users to trade equities from major markets, including the U.S., Hong Kong, Singapore, and Australia. The platform offers real-time data, market depth, and a user-friendly interface.

  

CFD Trading Products

  Tiger Brokers also offers Contracts for Difference (CFDs), enabling investors to speculate on price movements of various assets without owning the underlying securities. This includes stocks, indices, commodities, and forex pairs.

  

Other Financial Instruments

  In addition to traditional trading options, Tiger Brokers provides access to:

  • Cryptocurrencies: A selection of popular digital currencies for trading.
  • Commodities: Options to trade in various commodities, including gold and oil.

  

Special Services or Unique Advantages

  Tiger Brokers differentiates itself through several unique features:

  • AI-Powered Investment Assistant: The integration of Tiger GPT, an AI-driven tool that assists users in making informed investment decisions.
  • Fractional Shares Trading: Allows investors to buy portions of shares, making it easier to invest in high-value stocks.
  • Competitive Fees: The platform is known for its low commission structure, enhancing affordability for traders.

  

  

Detailed Regulatory Information

  Tiger Brokers adheres to the regulations set forth by multiple financial authorities, ensuring compliance and transparency in its operations. Key regulatory bodies include:

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

  

  The company operates under various legal entities based on the regions it serves:

  • Singapore: Tiger Brokers (Singapore) Pte. Ltd.
  • Australia: Tiger Brokers Australia Pty Ltd.
  • U.S.: Tiger Brokers USA, Inc.

  

Client Fund Protection Measures

  To protect client funds, Tiger Brokers employs several measures, including:

  • Segregated Client Accounts: Client funds are held in separate accounts to ensure they are not used for operational expenses.
  • Regulatory Compliance: The firm adheres to strict regulatory guidelines regarding client fund management.

  

Countries/Regions Served

  Tiger Brokers serves clients globally, with a strong focus on:

  • Asia-Pacific (including China, Singapore, Australia, and New Zealand)
  • United States
  • Hong Kong

  

Compliance History

  The company has maintained a strong compliance record, consistently meeting the requirements set by regulatory bodies. It has also achieved ISO 27001 and ISO 27701 certifications, underscoring its commitment to information security and data privacy.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Tiger Brokers operates in a competitive landscape, facing challenges from several key players, including:

  • Interactive Brokers: A well-established brokerage known for its extensive range of trading options and global reach.
  • Charles Schwab: A major player in the U.S. market, offering a comprehensive suite of investment services.
  • Robinhood: A popular trading platform known for its commission-free trades and user-friendly interface.

  

Positioning in the Industry

  Tiger Brokers positions itself as a tech-driven brokerage that focuses on providing an innovative trading experience. Its emphasis on AI integration and user-friendly platforms sets it apart from traditional brokerages.

  

Market Differentiation Factors

  The company differentiates itself through:

  • Advanced Technology: Continuous investment in technology to enhance trading efficiency and user experience.
  • Diverse Product Offering: A broad range of financial instruments, including access to global markets and unique trading features.
  • Strong Customer Support: Dedicated customer service aimed at assisting users in navigating the trading landscape.

  

Conclusion

  Tiger Brokers Company has established itself as a significant player in the online brokerage industry, offering a comprehensive range of trading services supported by advanced technology and a commitment to compliance. With a growing customer base and a focus on innovation, the firm is well-positioned for continued success in the dynamic financial landscape.

  Back to Top

  For more information about Tiger Brokers, learn more.