Tiger Brokers Singapore

What Tiger Brokers Singapore does

Tiger Brokers (Singapore) Pte. Ltd., incorporated in 2018 (UEN 201810449W), is the Singapore operating entity of Tiger Fintech, the parent group publicly listed on NASDAQ under ticker TIGR. It is licensed and regulated by the Monetary Authority of Singapore and is a Trading and Clearing Member of the Singapore Exchange (SGX). The company operates a multi-market online brokerage platform that provides retail and institutional investors with access to trading in US, Hong Kong, Singapore, China A-shares, Australian, and New Zealand securities, alongside options, futures, funds, unit trusts, treasury bonds, structured products such as fixed coupon notes, and IPO subscriptions. Proprietary modules layered on top of the core platform include TigerAI (a 24/7 AI investing assistant), Tiger Vault (cash management), Cash Boost Account (margin-enabled contra trading), Auto-invest, Tiger Academy (education), Tiger Investment Representatives (human advisory), and the Tiger BOSS Debit Card on the Mastercard network with Apple Pay, Google Pay, and Samsung Pay support.

The underlying platform is built on a cloud-based architecture with real-time data streaming, Level II US and SG market data, automated risk management with failover, and a REST API (Python/Java SDKs) supporting algorithmic trading and pre/post-market sessions. Distribution is multi-channel: self-serve mobile (iOS/Android) and desktop (Mac/Windows) apps with Singpass-enabled onboarding for retail; dedicated Tiger Investment Representatives and Tiger Fund Management for enterprise; the Tiger Open Platform API for quant developers and third-party apps with developer communities on WeCom, Telegram, and Discord; and the TradingFront Turnkey Asset Management Platform for financial advisers and external asset managers. The business serves four customer segments — retail investors (primary), financial advisers and external asset managers, quant traders and developers, and institutional clients such as wealth managers, proprietary trading firms, and introducing brokers.

Revenue is generated primarily through transaction-based commissions and platform fees across multiple markets (for example, US stocks at USD 0.005/share with a USD 0.99 minimum, Hong Kong stocks at 0.03% of trade value with a HKD 7-8 minimum, Singapore stocks at 0.0075% with an SGD 0.99-1 minimum, Australian stocks at 0.1% with an AUD 2 minimum, and China A-shares at a CNH 7 minimum), supplemented by margin financing interest income, recurring custody fees (waived for accounts holding SGX positions), and a tiered Prime premium subscription. The model blends high-volume retail transactions with an enterprise platform layer and a B2B API revenue stream, supported by ISO 27001 and ISO 27701 certifications, GDPR and CCPA compliance, and SIPC protection up to USD 500,000 for US securities.

Name

Tiger Brokers Singapore

Legal name

Tiger Brokers (Singapore) Pte. Ltd.

Website

https://tigerbrokers.com.sg

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Tiger Brokers (Singapore) Pte. Ltd., founded 2018, is a MAS-licensed online brokerage offering retail and institutional investors access to US, Hong Kong, Singapore, China A-shares, and Australian securities via the Tiger Trade app, API, and TradingFront adviser platform.

Ownership category

akta.pro rank

Product category

Online Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Discount & Online Retail Brokerage (FSAEACAB)

akta.pro secondary industries

Multi-Asset / Cross-Asset Brokerage (FSAEACAM), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Online brokerage services
• Global trading platform
• Algorithmic trading API
• Wealth management platform
• Multi-market investing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Trading Commissions: Commissions charged per trade across multiple markets (US, HK, Singapore, China A-shares, Australia). Tiered pricing with minimum and percentage-based caps. Primary revenue driver representing competitive rates in the industry.
2. Platform Fees: Fees charged for platform access and functionality, particularly for fractional shares trading and certain order types. Collected alongside commissions.
3. Margin Lending Interest: Interest income generated from margin financing and leverage provided to clients for trading. Financing interest rates apply to borrowed funds.
4. Custody Fees: Quarterly nominal fees for custodial account services. Waived for all accounts holding SGX positions until further notice. SGD 2/quarter otherwise.
5. Premium Subscription (Prime): Tiered subscription service offering lower commissions and enhanced features for active traders. Includes benefits like free L2 market data with 40 levels of Bid/Ask.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels8 records

Core offering

Tiger Brokers Singapore operates an online brokerage platform that enables retail and institutional clients to trade securities across multiple global markets, including equities, options, futures, funds, and other investment products. The firm also offers a B2B open platform (Tiger Open) with API access, white-label trading infrastructure for financial advisors/EAMs, and wealth management products such as cash management accounts and structured notes.

Product overview

Tiger Brokers Singapore operates a platform-plus-modules architecture centered on the Tiger Trade core trading platform. The platform provides access to global markets (US, Hong Kong, Singapore, China A-shares, Australia) for trading stocks, ETFs, options, futures, and funds. Adjacent modules include TigerAI (AI investing assistant), Tiger Vault (cash management), Cash Boost Account (margin trading), Tiger BOSS Debit Card (payment card), Auto-invest (automated investing), Tiger Academy (education), and Tiger Investment Representatives (human advisory). Institutional offerings include TradingFront (TAMP for advisers), Tiger Open Platform (API for developers), and Tiger Fund Management. The Tiger L.E.A.P Programme provides training services for new market entrants.

Differentiator

Problem solved

Functional benefit

Brands

• TradingFront: Turnkey Asset Management Platform (TAMP) for financial advisers and external asset managers (EAMs), providing AI-powered portfolio analysis and tools.
• TigerAI
• Tiger Vault
• Tiger BOSS Debit Card
• Tiger Open Platform

Products and services

• Tiger Trade Platform

Quantifiable outcome

• 24/5 trading for over 9,500 stocks & ETFs
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature8 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Azimut Investment ManagementcoreTechnology or Integration · 4 August 2022Azimut Investment Management onboarded onto Tiger Brokers' institutional platform, leveraging Tiger's infrastructure for wealth management services.
• WWF-SingaporeminorStrategic or Co-development Partner · 28 February 2022Tiger Brokers partnered with WWF-Singapore for sustainability initiatives, demonstrating corporate social responsibility and environmental commitment.
• SIPC (Securities Investor Protection Corporation)coreOthersU.S. securities are protected up to $500,000 by SIPC, providing insurance protection for client assets held with US Tiger Securities, Inc.
• Singapore Exchange (SGX)coreOthersTiger Brokers is a Trading and Clearing Member of SGX Group, enabling direct market access and settlement services for Singapore securities.
• SingpasscoreTechnology or IntegrationSingpass integration enables secure and instant digital identity verification for Singapore residents opening Tiger Brokers accounts.
• CDP (Central Depository)coreTechnology or IntegrationCDP securities account linkage allows Singapore investors to sell CDP-held securities through Tiger Brokers' Cash Boost Account.
• MastercardcoreTechnology or IntegrationTiger BOSS Debit Card operates on the Mastercard network, enabling global acceptance and international transactions.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Webull Singapore: Webull (NASDAQ: BULL) operates a Singapore online brokerage with US/HK/SG market access, fractional shares, and a mobile-first experience. Direct competitor in the discount online broker segment with overlapping retail-investor target market.
• Interactive Brokers Singapore: Interactive Brokers (NASDAQ: IBKR) is a global multi-asset discount broker serving retail and institutional clients in Singapore via IBKR Singapore. Highly comparable on global multi-market access, low commissions, advanced order types, and API-first architecture for quant traders.
• Saxo Markets Singapore: Saxo Bank's Singapore entity offers multi-asset trading across global markets with tiered account types, similar in scope to Tiger Trade. Comparable on multi-market access, advanced platforms, and serving both retail and institutional clients in Singapore.
• moomoo Singapore: Operated by Futu Holdings (NASDAQ: FUTU), moomoo Singapore is the closest direct competitor to Tiger Brokers Singapore: Chinese-backed online discount brokerage offering multi-market trading (US/HK/SG/CN), fractional shares, AI features, and zero-commission promotions. Highly comparable on product breadth, target customer (retail and prosumer), and Asia-Pacific go-to-market.

Broad incumbents

• UOB KayHian: UOB KayHian is a major Singapore-headquartered brokerage providing online trading across regional markets. Traditional incumbent with broader institutional and corporate finance capabilities overlapping Tiger's retail and institutional brokerage lines.
• Futu Holdings: Futu Holdings (NASDAQ: FUTU) is the parent company of moomoo and a direct analog to UP Fintech Holding (Tiger Brokers' parent) in business model, regulatory footprint, product breadth, and capital-markets access. Most comparable listed peer for group-level benchmarking.
• CMC Markets Singapore: CMC Markets is a global online broker offering multi-asset trading (CFDs, shares, FX) to retail clients including Singapore. Comparable in multi-asset access and online-first brokerage model, but broader global footprint rather than Asia-native.
• DBS Vickers (DBS Online Trading): DBS Vickers is the brokerage arm of DBS Bank, Singapore's largest bank, offering multi-market trading to retail and institutional clients. Comparable on SG/HK/US market access and customer base, but as part of a much larger banking group rather than a pure-play brokerage.
• Phillip Securities (POEMS): Phillip Securities is one of Singapore's longest-established brokerage firms offering multi-market trading via POEMS platforms. A traditional incumbent serving retail and institutional clients with comparable product breadth but legacy technology and brand positioning.
• IG Markets Singapore: IG Group is a global online multi-asset broker with Singapore operations offering CFDs, shares, and futures. Comparable in advanced platforms and multi-asset access, but operates as a wider global incumbent rather than Asia-specialist.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCV9o1jW6brfQJepdpuVU2Lw
• Facebookfacebook.com/tigerbrokerssg
• LinkedInlinkedin.com/company/tigerbrokerssg
• Instagraminstagram.com/tigerbrokerssg

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Singapore