What Tiger Brokers does

Tiger Brokers, operating brand of UP Fintech Holding Limited (NASDAQ: TIGR), is a multi-jurisdictional online brokerage founded in 2014 by Wu Tianhua and headquartered in Singapore. The company serves approximately 2.4 million account holders and 1.28 million funded accounts (Q1 2026) across Singapore, Hong Kong, the United States, Australia, and New Zealand, offering retail and institutional investors access to equities, ETFs, options, futures, funds, and structured products on US, Hong Kong, Singapore, and Australian exchanges. Tiger Brokers is licensed by MAS in Singapore, SEC/FINRA in the US, ASIC in Australia, the FMA in New Zealand, and the SFC in Hong Kong, and is operationally headquartered in Singapore after relocating regional operations there.

The core technology platform is Tiger Trade, a proprietary mobile and desktop application supporting multi-currency, multi-market trading with real-time quotes, AI-driven screeners, fractional shares, IPO subscription, and CPF/SRS investment access. The company invests approximately 50% of headcount in R&D, shipping 400+ product iterations biweekly on a proprietary backend. Tiger Brokers has layered AI across the stack: TigerAI (described as the industry's first LLM-powered retail investment assistant, with DeepSeek-R1 integration), TradingFront Agentic AI for advisers and external asset managers, and AI-driven authentication via IPification. Adjacent products include Tiger Vault (cash management), Cash Boost Account (margin financing), Tiger BOSS Debit Card, Tiger Open Platform (developer APIs), Tiger Fund Management, and TradingFront (a TAMP for wealth managers).

Tiger Brokers generates revenue primarily through transaction-based commissions (US$0.99 starting rate, with zero-commission promotions across SG/HK/A-Shares), interest income from margin financing and Cash Boost, fund distribution fees on 1,500+ funds, and structured products. FY2025 revenue reached US$612.1 million (+56.3% YoY) with US$186.5 million in non-GAAP net income (+165% YoY), and Q1 2026 revenue was US$154.9 million (+26.3% YoY) on US$58.9 billion in client assets. The company is currently navigating a China Securities Regulatory Commission penalty of over US$100 million (part of a US$330M+ combined cross-border enforcement) and a two-year rectification period requiring exit from mainland China retail brokerage, while Singapore and Hong Kong continue to drive growth with eight consecutive quarters of expansion and 140.5% YoY trading volume growth in Q1 2026.

Name

Tiger Brokers

Legal name

Tiger Brokers (Singapore) Pte. Ltd.

Website

https://itiger.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tiger Brokers (NASDAQ: TIGR) is a multi-jurisdictional online brokerage operating Tiger Trade and TigerAI across US, Hong Kong, Singapore, and Australian markets, serving 1.28 million funded retail and institutional accounts with commissions, margin financing, and AI-powered investment tools.

Ownership category

akta.pro rank

Product category

Online Retail Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Investment Advice (6282)

akta.pro primary industry

Discount & Online Retail Brokerage (FSAEACAB)

akta.pro secondary industries

Multi-Asset / Cross-Asset Brokerage (FSAEACAM), Full-Service Retail Brokerage & Wealth Platforms (FSAAAAAA)

Keywords

• Online brokerage services
• Multi-market stock trading
• AI investment assistant
• Global equities platform
• Retail trading app

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Commission-based Trading Fees: Revenue generated from commission fees on stock trades across US, HK, SG, and AU markets, futures, and options. Commission rates as low as US$0.99 per trade excluding brokerage and exchange fees.
2. Interest Income: Interest income from margin trading and financing services, supported by Cash Boost Account and financing interest rate services.
3. Fund Distribution Fees: Revenue from offering over 1,500 funds with $0 sales charge and platform fees, with seamless trading integration with T0 MMFs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Tiger Brokers provides online brokerage services through its Tiger Trade mobile and desktop platform, enabling retail and institutional investors to trade equities, options, futures, funds, and bonds across US, Hong Kong, Singapore, Australia, and China A-share markets. The platform combines multi-currency trading infrastructure with AI-powered investment tools (TigerAI), competitive commission rates starting at US$0.99, and supplementary services including margin financing, cash management (Tiger Vault), debit cards, and a Turnkey Asset Management Platform (TradingFront) for financial advisers.

Product overview

Tiger Brokers operates as a leading global online brokerage firm offering a unified multi-platform ecosystem centered around the Tiger Trade app. The core product portfolio includes Tiger Trade for mobile and web trading across global markets (US, HK, Singapore, Australia, China A-shares), TigerAI as an AI-powered investment assistant, and TradingFront as a Turnkey Asset Management Platform for financial advisers. Additional services include Tiger Vault for cash management, Tiger BOSS Debit Card, Cash Boost Account for leveraged trading, Tiger Fund Management for institutional clients, Tiger Open Platform for developer API access, and the Tiger L.E.A.P Programme for talent development. The platform supports trading in stocks, ETFs, options, futures, funds, bonds, fractional shares, and structured products.

Differentiator

Problem solved

Functional benefit

Brands

• TigerAI: Industry's first AI investment assistant powered by LLM for 24/7 investing assistance
• Tiger Trade
• TradingFront
• Tiger L.E.A.P Programme
• Tiger BOSS Debit Card
• Tiger Vault
• Tiger Fund Management

Products and services

• Tiger Trade Tiger Trade is the flagship mobile and desktop trading application enabling investors to trade equities across US, Hong Kong, Singapore, and Australian markets, along with futures, options, funds, and bonds with competitive commission rates starting at US$0.99.
• TigerAI TigerAI is the industry's first AI investment assistant powered by LLM, providing 24/7 AI assistance for market analysis, investment research, and trading insights through natural language interactions.
• TradingFront TradingFront is Tiger Brokers' Turnkey Asset Management Platform (TAMP) for financial advisers and external asset managers, featuring real-time AI portfolio analysis, structured note tools, and dynamic sales tracking.
• Tiger Vault Tiger Vault is a cash management feature that enables users to make their cash work 24/7 through automated investment capabilities.
• Tiger BOSS Debit Card Tiger BOSS Debit Card is a debit card product linked to the Tiger Brokers trading account for spending and withdrawals.
• Cash Boost Account Cash Boost Account enables leveraged trading with contra facilities, allowing investors to amplify their trading positions.
• Tiger Open Platform Tiger Open Platform provides API access for developers and partners to build applications that integrate with Tiger Brokers' trading infrastructure and services.
• Tiger Fund Management Tiger Fund Management provides institutional investment management services and wealth management solutions.
• Fixed Coupon Notes Fixed Coupon Notes are structured investment products offering fixed returns, available for trading on the Tiger Trade platform.

Quantifiable outcome

• 108% growth in new investor sign-ups in Q4 2020 vs Q3 2020
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature5 records

Partnerships

Five partnerships are on record, tiered minor, strategic and core.

• FootballPlusminorOthers · 6 December 2025Tiger Brokers raised approximately S$300,000 through its inaugural GameChanger 2025 charity football tournament supporting FootballPlus's Champions Unlimited Programme providing coaching, mentorship, and life-skills training for disadvantaged children and youth.
• CFA InstituteminorGTM or Marketing Partner · 20 October 2025Tiger Brokers (Hong Kong) sponsored the 2025-2026 CFA Institute Research Challenge Hong Kong Local Final, introducing the 'Star Presenter' award and supporting financial education and youth development initiatives.
• IPificationstrategicTechnology or Integration · 26 September 2024Tiger Brokers partnered with IPification to deploy passwordless, one-factor authentication for customer onboarding in Singapore, replacing industry-standard two-factor SMS process. The system triangulates SIM card, phone number, and IP address through direct telecom API integration, eliminating phishing and interception vulnerabilities.
• Azimut Investment ManagementcoreTechnology or Integration · 4 August 2022Tiger Brokers (Singapore) welcomed Azimut Investment Management on its institutional platform for wealth and asset management services.
• WWF-SingaporeminorOthers · 28 February 2022Tiger Brokers partnered with WWF-Singapore for corporate social responsibility initiatives promoting environmental awareness.

Scale indicators14 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• Futu Holdings: Futu Holdings (NASDAQ: FUTU) operates moomoo, a Hong Kong-headquartered online brokerage offering cross-border trading in US, HK, and China A-shares. It is Tiger Brokers' closest direct competitor and was penalised alongside Tiger in the May 2026 CSRC crackdown for unlicensed cross-border securities business.
• Robinhood Markets: Robinhood (NASDAQ: HOOD) is a US-headquartered commission-free retail brokerage with mobile-first product and growing AI features (e.g., Robinhood Cortex). Comparable to Tiger in self-serve mobile trading model, target demographic, and reliance on payment-for-order-flow and interest income.
• Webull: Webull is a mobile-first online broker offering US, Hong Kong, and China A-share trading with commission-free promotions and AI-driven analytics. Highly comparable to Tiger Brokers on product, pricing model, and target retail investor demographic across the US and Greater China.
• Longbridge Securities: Longbridge is a Hong Kong-based online brokerage offering cross-border trading in US, HK, and mainland securities, and was one of the three firms fined alongside Tiger and Futu in the May 2026 CSRC crackdown. Direct comparable in cross-border retail brokerage model.
• eToro: eToro is a multi-asset social trading platform offering stocks, ETFs, forex, and crypto to retail investors globally. Comparable to Tiger in mobile-first, self-serve retail brokerage model with international market access and growing AI-driven product features.
• Saxo Bank: Saxo Bank is a Denmark-headquartered multi-asset broker offering global equities, FX, futures, and options trading across 70+ markets via its SaxoTraderGO and SaxoInvestor platforms. Comparable to Tiger in multi-market, multi-currency retail brokerage with both self-directed and advised propositions.
• TradeStation: TradeStation is a US-headquartered online broker specialising in active trader and options strategies with desktop and mobile platforms. Comparable to Tiger in options-heavy product offering, advanced analytics, and AI-assisted tools targeting active retail traders.

Broad incumbents

• Interactive Brokers: Interactive Brokers (NASDAQ: IBKR) is a global multi-asset online brokerage serving retail and institutional clients across 150+ markets. It is both a direct competitor in global multi-market retail brokerage and a strategic investor in Tiger Brokers, providing a benchmark for institutional-grade infrastructure.
• Charles Schwab: Charles Schwab (NYSE: SCHW) is a large incumbent US retail brokerage and wealth management platform. Comparable to Tiger in retail brokerage and adjacent wealth advisory, but with a much broader full-service, full-stack offering versus Tiger's digital-first, cross-border positioning.

Regional players

• Tiger Brokers competitor / Regional brokerage (Phillip Securities / POEMS): Phillip Securities (POEMS) is a Singapore-headquartered regional broker with multi-market access including Singapore, US, Hong Kong, and China A-shares. Comparable to Tiger Brokers as a directly competing Singapore-licensed broker serving Singapore-based retail investors seeking global market access.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCV9o1jW6brfQJepdpuVU2Lw
• Facebookfacebook.com/tigerbrokerssg
• LinkedInlinkedin.com/company/tiger-brokers
• Instagraminstagram.com/tigerbrokerssg
• Xx.com/tiger_brokers

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds5 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tiger Brokers