Tiger Brokers Hong Kong

What Tiger Brokers Hong Kong does

Tiger Brokers Hong Kong (legal name: Tiger Brokers (HK) Global Limited / 老虎證券（香港）環球有限公司) is a Hong Kong-incorporated, SFC-licensed online brokerage that operates as the Hong Kong flagship entity of NASDAQ-listed Tiger Brokers Group (Tiger Fintech). The company runs the Tiger Trade platform — a mobile (iOS/Android) and desktop (Mac/Windows) application offering 31,000+ US stocks and ETFs, HK stocks and ETFs, US options with nine strategies, US fractional shares from USD 1, IPO subscription, futures (HSI/Mini-HSI), US Treasuries and an SFC-approved virtual asset trading service spanning 20 cryptocurrencies. Value-add modules include Tiger Vault (cash management with Auto-Sweep), free Level II market data (NYSE Arcabook LV2), 50+ technical indicators, real-time news, options P&L visualization, an investing community and TigerAI, a GPT-powered market intelligence feature.

The Hong Kong entity holds SFC Type 1, 2, 4, 5 and 9 licenses (Central No. BMU940), is an SEHK Participant (ID 02142), a Direct Clearing Participant of HKSCC (B02142) and a participant of HKATS (OCJ) and DCASS (COCJ). Its parent group reports 81 licenses and qualifications across Australia, the US, Singapore and New Zealand plus ISO 27001 certification for information security.

Revenue is generated transactionally: headline zero commission on HK stocks, ETFs, IPOs, warrants, CBBCs and US options, with economics derived from 0.05% crypto handling fees, margin interest (5% over HSBC HKD Best Lending Rate, 8% above cost of funds for FX debit balances), Tiger Vault cash-management yield capture and institutional services. The primary customer is the self-directed retail investor, supplemented by professional investors for virtual assets and an institutional segment covering wealth/asset managers, proprietary trading groups, introducing brokers and third-party service providers. GTM is fully self-serve, product-led growth with online account opening in as little as 10 minutes, and the entity's registered headcount is 20 staff, reflecting a lean local operating unit within a larger multi-jurisdiction group.

Name

Tiger Brokers Hong Kong

Legal name

Tiger Brokers (HK) Global Limited

Website

https://tigerbrokers.com.hk

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Tiger Brokers Hong Kong is an SFC-licensed online brokerage (Types 1/2/4/5/9) and SEHK participant operating the Tiger Trade platform, offering self-directed retail and institutional clients zero-commission HK and US stock, ETF, options, fractional share, futures, IPO and SFC-approved virtual asset trading across global markets.

Ownership category

akta.pro rank

Product category

Online Retail Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Derivatives & Futures Brokerage (FSAEACAL)

akta.pro secondary industries

Clearing Broker / Carrying Broker (FCM & Clearing) (FSAEACAF), Prime Brokerage & Institutional Trading Services (FSAPADAF), Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)

Keywords

• Online brokerage services
• Stock trading platform
• Retail securities trading
• Investment products
• Commission-based trading

Headquarters

HQ city

Hong Kong

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Stock and ETF Trading Commissions: Commission-based trading fees for Hong Kong stocks, US stocks, ETFs, and other securities. Platform offers 0 commission trading for HK stocks and US options.
2. Crypto Trading Fees: 0% commission and 0% platform fee for virtual asset trading, with 0.05% handling fee on trade value
3. Interest on Debit Balances: Interest charged on debit balances in margin accounts at 5% over HSBC Hong Kong Dollar Best Lending Rate for HKD, or 8% above cost of funds for foreign currency
4. IPO Subscription: Revenue from IPO subscription services with 0 subscription fee and 0 financing interest for international placing
5. Tiger Vault Cash Management: Cash management solution providing yield on idle cash through fund subscriptions, with Auto-Sweep functionality

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Tiger Brokers Hong Kong operates the Tiger Trade online brokerage platform, enabling clients to trade Hong Kong stocks, US stocks, ETFs, options, futures, fractional shares, IPOs, US Treasury bonds, and 20+ SFC-licensed virtual assets. The platform is offered as a mobile and desktop application with 0 commission trading on HK stocks, ETFs, and US options, plus fractional share investing from USD 1. Revenue is generated through trading commissions/handling fees, margin interest, and cash management yield.

Product overview

Tiger Brokers Hong Kong operates as a multi-product trading platform offering a unified Tiger Trade application that provides access to multiple asset classes and markets. The core product portfolio includes: HK Stocks & ETFs with 0 commission; US Stocks & ETFs (31,000+ securities) with extended 24/5 trading; US Options with 9 strategies and zero commission; US Fractional Shares (starting at USD 1); IPO Subscription with 0 fee; Futures Trading; Virtual Asset Trading (20+ cryptocurrencies); and US Treasury bonds. The Tiger Trade platform also integrates value-added services including Tiger Vault (cash management with Auto-Sweep), Level II market data, TigerAI (AI-powered insights), and technical analysis tools with 50+ indicators. The platform is designed for both retail and professional investors, with virtual asset trading partially restricted to professional investors only.

Differentiator

Problem solved

Functional benefit

Brands

• TigerAI: AI-powered market intelligence and trading tools
• Tiger Vault

Products and services

• Tiger Trade Platform The primary mobile (iOS/Android) and desktop (Mac/Windows) trading application enabling investors to trade HK stocks, US stocks, ETFs, options, futures, virtual assets, and more with real-time market data, technical analysis tools, and AI-powered insights. Designed for both retail and professional investors with fully online account opening in as little as 10 minutes.
• HK Stocks & ETFs Trading Trading service for Hong Kong stocks and ETFs featuring 0 commission, access to leading Hong Kong and Mainland China companies in technology, biomedicine, and finance sectors, including IPOs, Warrants, and CBBCs.
• US Stocks & ETFs Trading Trading service providing access to more than 31,000 US stocks and ETFs with competitive service charges and 24/5 extended trading hours.
• US Options Trading Options trading service supporting 9 option strategies including covered call/put, vertical, calendar, strangle, and straddle, with zero commission and intuitive options analysis tools displaying potential P&L. Margin discount available for options combos.
• US Fractional Shares Fractional share trading allowing investment in US companies starting with as little as USD 1, enabling investors to spread risk and buy partial shares of expensive stocks.
• IPO Subscription IPO investment service featuring 0 subscription fee and 0 financing interest, with international placing of shares without currency exchange.
• Futures Trading Futures trading service including HSI Futures, HSI Options, Mini-HSI Futures and Mini-HSI Options with comprehensive margin and position limit management.
• Virtual Asset Trading SFC-licensed cryptocurrency trading service offering 20 types of virtual assets including Bitcoin, Ethereum, USDT, SOL, DOGE, AVAX, LINK, TON, UNI, AAVE, APT, ARB, OP, LTC, IMX, IOTX, POL, KAIA, with 0 commission, 0 platform fee, and 0.05% handling fee. Some virtual asset transactions are temporarily available only to professional investors.
• Tiger Vault Cash Management Cash management solution providing yield on idle Available Cash balances through fund subscriptions, with Auto-Sweep feature that automatically subscribes pre-selected funds when available cash is in surplus and Auto-Redemption to cover deficits.
• US Treasury Bonds Trading US Treasury bonds trading service enabling investors to access US government securities.

Quantifiable outcome

• Annual transaction size: USD 552.3 billion (as of December 31, 2024)
• +5 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature8 records

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Interactive Brokers: Interactive Brokers is a large, established global online broker offering multi-asset trading across 150+ markets with institutional-grade infrastructure. It competes with Tiger Brokers for active and professional traders in Hong Kong and globally, though it targets a more institutional and high-net-worth client base.
• Charles Schwab: Charles Schwab is a major full-service US broker offering trading, banking, and wealth management with extensive research and tools. It competes for self-directed investors and institutional clients in Hong Kong seeking US market access, though it lacks the Chinese-investor focus that differentiates Tiger Brokers.
• Saxo Bank: Saxo Bank is a Danish multi-asset broker offering trading in 40,000+ instruments across global markets with institutional-grade platforms. It serves active traders and wealth managers in Asia-Pacific, competing with Tiger Brokers' institutional segment and multi-market access.
• IG Group: IG Group is a UK-listed multi-asset broker offering CFDs, stocks, and crypto trading globally. It has an Asia-Pacific presence and competes for active traders seeking multi-market access, though its product emphasis differs from Tiger's direct securities and derivatives focus.

Direct peers

• Robinhood Markets: Robinhood pioneered the zero-commission retail trading model and offers US stock, options, and crypto trading with a mobile-first platform. While primarily US-focused, it represents a comparable business model and competitive threat in the zero-commission retail brokerage space.
• eToro: eToro is a social trading platform offering stocks, ETFs, crypto, and copy-trading features across global markets. It competes with Tiger Brokers' community features and multi-asset offering, though its regulatory footprint and product depth differ from Tiger's SFC-licensed institutional infrastructure.
• Webull: Webull is a mobile-first zero-commission broker offering US and global market trading with advanced charting and community features. It directly competes with Tiger Trade's mobile experience and zero-commission model, particularly for younger retail investors trading US stocks and options.
• Futu Holdings: Futu Holdings is the most direct competitor to Tiger Brokers, operating the Futu and Moomoo trading platforms targeting Chinese-speaking investors with cross-border trading in HK, US, and Singapore markets. Both companies offer zero-commission trading, similar multi-asset product suites, and compete for the same Chinese-investor segment.
• TradeStation: TradeStation is an active-trader platform offering US stocks, options, and futures with advanced charting and analytics tools. It competes with Tiger Brokers for active and professional traders in US markets, with comparable emphasis on technical analysis tools and options strategies.

Regional players

• HashKey Exchange: HashKey is a Hong Kong-based SFC-licensed virtual asset trading platform offering regulated crypto trading. It competes directly with Tiger Brokers' virtual asset product line in the Hong Kong market, particularly as both platforms target professional and retail crypto investors under the same regulatory framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tiger-brokers-hong-kong

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Tiger Brokers Hong Kong