TigerWit Company

　　

TigerWit Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　TigerWit Company was founded in 2015, emerging as a global fintech entity specializing in forex and CFD trading. The company aims to provide an innovative trading experience through its proprietary platforms.

　　

Parent Company/Ownership Structure

　　TigerWit operates under the umbrella of TigerWit Group, which includes various subsidiaries and affiliated entities engaged in financial services. The ownership structure emphasizes a commitment to creating a seamless trading environment for clients worldwide.

　　

Headquarters Location

　　The headquarters of TigerWit is located in Nassau, New Providence, Bahamas. The company also maintains a presence in the United Kingdom, reflecting its aim to cater to a diverse international clientele.

　　

Global Business Scope

　　TigerWit has expanded its operations across multiple regions, including Europe, Asia, and Africa. The company targets retail and institutional traders, offering a range of trading services and financial instruments.

　　

Main Regulatory Bodies

　　TigerWit is regulated by several authorities, including:

• Financial Conduct Authority (FCA) in the UK
• Securities Commission of the Bahamas (SCB)
• Saint Vincent and the Grenadines Financial Services Authority (SVG FSA)

　　These regulatory affiliations are crucial for maintaining compliance and ensuring a secure trading environment.

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2. Company History and Development

　　

Key Milestones

　　Since its inception, TigerWit has achieved several significant milestones, including the launch of its proprietary trading platforms and the establishment of regulatory licenses in various jurisdictions. The company has positioned itself as a credible player in the fintech space.

　　

Business Expansion Journey

　　TigerWit has steadily expanded its global footprint, opening offices in key markets and enhancing its service offerings. The company has focused on building a robust infrastructure to support its trading operations and customer service.

　　

Customer Base Growth

　　Over the years, TigerWit has grown its customer base significantly, attracting traders from diverse backgrounds. The company claims to have a substantial number of active traders, benefiting from its user-friendly platforms and competitive trading conditions.

　　

Platform Development History

　　TigerWit has invested in developing its trading platforms, primarily focusing on the MetaTrader 4 (MT4) platform, which is widely recognized in the trading community. The company has also introduced mobile applications to enhance accessibility for traders.

　　

Important Awards or Recognitions Received

　　TigerWit has received accolades for its transparency and innovation in the forex trading space, including titles such as "Most Transparent Global Forex Broker" and "Best Asian Forex Trading App" awarded at the Global Forex Awards.

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3. Trading Services Offered

　　

Forex Trading Options

　　TigerWit offers a robust selection of forex trading options, providing access to over 60 currency pairs. This includes major, minor, and exotic pairs, catering to various trading strategies.

　　

Stock Trading Options

　　While TigerWit primarily focuses on forex and CFDs, it also offers access to a limited selection of stocks through CFDs, allowing traders to speculate on price movements without owning the underlying assets.

　　

CFD Trading Products

　　The company provides a comprehensive range of CFD trading products, including indices, commodities, and precious metals. This diversity allows traders to engage with various markets and hedge their positions effectively.

　　

Other Financial Instruments

　　In addition to forex and CFDs, TigerWit has plans to expand its offerings to include cryptocurrencies and other emerging financial instruments, although as of now, these options are limited.

　　

Special Services or Unique Advantages

　　TigerWit emphasizes a user-friendly trading experience with features such as:

• Competitive spreads starting from 0 pips
• Leverage options up to 1:400
• A proprietary copy trading platform that allows traders to replicate the strategies of successful traders

　　These advantages aim to attract both novice and experienced traders.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　TigerWit is subject to regulation by several key authorities:

• FCA (UK): License number FRN 679941
• SCB (Bahamas): License number SIA-F 185
• SVG FSA: License number 181 LLC 2019

　　These regulatory bodies provide oversight to ensure compliance with industry standards and protect client interests.

　　

Legal Entity Structure by Region

　　TigerWit operates through various legal entities, including:

• TigerWit Group Limited (registered in Hong Kong)
• TigerWit LLC (registered in Saint Vincent and the Grenadines)
• TigerWit Limited (registered in the UK)

　　This multi-entity structure allows the company to navigate different regulatory environments effectively.

　　

Client Fund Protection Measures

　　To safeguard client funds, TigerWit employs several protective measures, including:

• Segregated accounts for client deposits
• Compliance with anti-money laundering (AML) and know your customer (KYC) regulations

　　These measures are designed to enhance the security of client funds and ensure transparent operations.

　　

Countries/Regions Served

　　TigerWit serves clients in over 60 countries, focusing on markets in Europe, Asia, and Africa. However, it does not accept clients from jurisdictions where CFD trading is prohibited, such as the United States and Canada.

　　

Compliance History

　　TigerWit has faced scrutiny regarding its regulatory compliance, with some reports indicating issues related to licensing in specific jurisdictions. The company has taken steps to address these concerns, emphasizing its commitment to regulatory adherence.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　TigerWit operates in a competitive landscape with several notable competitors, including:

• IG Group: A well-established broker offering extensive trading options and educational resources.
• OANDA: Known for its robust trading platform and strong regulatory compliance.
• FXCM: Offers a range of trading services and is recognized for its customer support.

　　

Positioning in the Industry

　　TigerWit positions itself as a transparent and innovative broker, focusing on providing a user-friendly trading experience. Its competitive spreads and leverage options appeal to a broad range of traders.

　　

Market Differentiation Factors

　　Key differentiation factors for TigerWit include:

• Proprietary trading platforms designed for simplicity and efficiency
• A focus on emerging markets, particularly in Africa and Asia
• Innovative features such as copy trading, which enhances accessibility for new traders

　　By leveraging these strengths, TigerWit aims to carve out a niche in the crowded forex and CFD trading market.

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　　In conclusion, TigerWit Company presents a compelling option for traders looking for a global trading platform with diverse offerings. However, potential clients should conduct thorough research and consider regulatory compliance and customer feedback before engaging with the broker. For more detailed insights, please explore additional resources on trading platforms and regulatory practices.