tiger brokers hong kong

What tiger brokers hong kong does

Tiger Brokers Hong Kong operates as a technology-driven online brokerage headquartered at 23/F, Li Po Chun Chambers, 189 Des Voeux Road Central, Hong Kong, under the legal entity Tiger Brokers (HK) Global Limited. It is a wholly-owned subsidiary of Nasdaq-listed Tiger Brokers Group (TIGR), which reports more than 2.4 million account holders worldwide and USD 552.3 billion in annual transaction volume across its licensed entities as of December 31, 2024. The Hong Kong entity holds SFC Type 1, 2, 4, 5, and 9 licenses, SEHK Exchange Participant status (ID 02142), and HKSCC Direct Clearing Participant status (ID B02142), making it the primary regulated hub for the group's Asia-Pacific brokerage operations.

The core product is the proprietary Tiger Trade platform, delivered across iOS and Android mobile apps, Mac and Windows desktop applications, and a web trading interface. Tiger Trade supports self-directed trading in HK stocks, US stocks, ETFs, IPOs, US options, futures, US fractional shares (from USD 1), warrants, CBBCs, virtual assets, bonds, and funds. The platform embeds more than 50 technical indicators, free NYSE ArcaBook Level II market data with 40+ bid/ask levels, and an options strategy analyzer with automatic Greeks computation. Supporting modules include Tiger Vault (cash management with Auto-Sweep), Tiger Token (proprietary six-digit dynamic password two-factor authentication), Tiger Fund Mall (mutual fund subscriptions with regular savings plans), and TigerAI (AI-powered market assistance). The firm holds ISO/IEC 27001, 27701, 27018, 29151, 20000, and 9001 certifications, NIST CSF 2.0 compliance, and Singapore OSPAR attestation.

The business model is transaction-based. Revenue streams include commissions and platform fees on HK, US, Singapore, and virtual asset trades, margin interest on financing for leveraged IPO subscriptions, custody and transfer fees, IPO financing fees (HKD 0 up to 10x, HKD 100 above), and proxy service fees for corporate actions. Standard pricing features 0% commission on HK stocks and ETFs with a HKD 15 per-order platform fee tiered by monthly order count, USD 0.0049/share plus USD 0.005/share on US stocks, USD 0.65/contract on US options, and 0.05% on virtual assets. Go-to-market is product-led growth via app store distribution and self-serve account opening in as little as 10 minutes, augmented by event-driven promotional campaigns such as a 2025 SpaceX welcome rewards offer worth up to HK$2,588. Customer segments are led by self-directed retail investors, with secondary institutional and corporate ESOP clients served via TigerESOP and an institutional services portal.

Name

tiger brokers hong kong

Legal name

Tiger Brokers (HK) Global Limited

Website

https://tigerbrokers.com.hk

Company type

Public

Founded year

2015

Operating status

Operating

Short description

Tiger Brokers Hong Kong is a SFC-licensed online brokerage offering retail and institutional clients self-directed trading in HK, US, and Singapore stocks, ETFs, options, futures, fractional shares, bonds, and virtual assets via its proprietary Tiger Trade platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Commission and Platform Fees: Charges trading commissions and platform fees across different markets. HK stocks: 0% commission standard, HKD 15 platform fee per order. US stocks: USD 0.0049/share commission, USD 0.005/share platform fee. US options: USD 0.65/contract standard, USD 0.30 ORF fee. Revenue generated from the spread between fees charged and third-party exchange/regulatory fees passed through.
2. Margin Interest: Interest charged on margin financing when customers borrow to trade or during IPO subscriptions with insufficient HKD cash. Interest rates vary by currency and are accrued daily, accumulated monthly.
3. Custody and Transfer Fees: Fees for transferring stocks in/out (USD 150 per stock for US stocks, HKD 500 per stock for HK stocks). US Treasury custody fee of 0.08% annually. Proxy service fees for shareholder meetings, dividends, and corporate actions.
4. IPO Subscription Fees: Cash subscription fee HKD 0 per order. Financing subscription fee HKD 0 for multiples up to 10x, HKD 100 for multiples above 10x. During promotional periods, financing interest is waived.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Tiger Brokers Hong Kong provides a technology-driven online brokerage platform through the proprietary Tiger Trade application suite (mobile, desktop, and web), enabling self-directed trading in HK stocks, US stocks, China A-shares, Singapore stocks, ETFs, US options, futures, IPOs, fractional shares, and virtual assets. The offering is complemented by Tiger Vault cash management with Auto-Sweep, Tiger Token two-step authentication, TigerAI assistant, and the Tiger Fund Mall for mutual fund investments, targeting retail and institutional investors across global markets.

Product overview

Tiger Brokers operates as a technology-driven online brokerage platform offering a unified Tiger Trade ecosystem. The core Tiger Trade platform (mobile app and desktop application) provides comprehensive multi-market trading across HK stocks, US stocks, China A-shares (via Stock Connect), Singapore stocks, ETFs, options, futures, bonds, and virtual assets. The platform is complemented by Tiger Vault for cash management with Auto-Sweep functionality, Tiger Token for two-step authentication security, TigerAI for AI-powered assistance, and the Tiger Fund Mall for mutual fund investments. Tiger Prime Account offers premium features including unlimited T+0 trading. The company holds 81 licenses across Australia, US, Singapore, and New Zealand, with annual transaction volume reaching USD 552.3 billion as of December 31, 2024.

Differentiator

Problem solved

Functional benefit

Brands

• Tiger Vault: Cash management solution providing yield on idle cash balances
• TigerAI
• Tiger Token

Products and services

• Tiger Trade Core mobile, desktop (Mac/Windows), and web trading platform offering online trading in HK stocks, US stocks, China A-shares (via Stock Connect), Singapore stocks, ETFs, options, futures, bonds, IPOs, fractional shares, warrants, CBBCs, and virtual assets, with 50+ technical indicators and Level II market data.
• Tiger Vault Cash management product that earns yield on idle client cash balances, with optional Auto-Sweep that automatically subscribes pre-selected money market funds when cash is in surplus and auto-redeems when funds are needed, allowing subscribed balances to serve as purchasing power for trades and IPO subscriptions.
• Tiger Token Proprietary security application providing two-factor authentication by generating six-digit dynamic password tokens for login, trading, and currency exchange actions across the Tiger Trade platform.
• TigerAI AI-powered market analysis and financial assistance feature accessible via the Tiger Trade platform, providing market insights and investment information to retail investors.
• Tiger Fund Mall Fund investment platform enabling subscription and redemption of mutual funds, with support for eDDA real-time deposits and regular savings plans for systematic investing.
• Tiger Prime Account Premium account tier providing upgraded trading features, including unlimited T+0 trading without restrictions, targeted at higher-volume active retail traders.

Quantifiable outcome

• 2.4 million+ account holders globally
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Futu Holdings (Moomoo): Nasdaq-listed online broker operating Moomoo and Futu, the closest direct competitor to Tiger Brokers HK: same Hong Kong origin, same zero-commission retail positioning across HK, US and Singapore stocks, options and IPOs, and same target audience of tech-savvy Asian retail investors.
• Interactive Brokers: Global multi-asset broker offering equities, options, futures, bonds and funds across 150+ markets from a single account. Overlaps Tiger Brokers HK on multi-market access and advanced trader tools, and is a key incumbent competitor for HK-based active retail and professional traders.
• Webull Corporation: Mobile-first, zero-commission broker offering US and Hong Kong stocks, options and ETFs through its own platform. Directly comparable to Tiger Brokers HK on digital onboarding, low-cost pricing and target retail investor profile, with growing APAC footprint.
• Robinhood Markets: Pioneered zero-commission US retail brokerage and continues to expand into options, futures and crypto. Comparable to Tiger Brokers HK as a digital-first, commission-light, mobile-native brokerage targeting self-directed retail investors, though Robinhood's product universe skews US-centric.
• Saxo Bank / Saxo Markets: Denmark-headquartered multi-asset broker providing equities, options, futures, bonds, FX and funds across global markets through a single platform. Overlaps Tiger Brokers HK on cross-border multi-market access and platform breadth, and competes for active HK retail and wealth clients.

Emerging players

• Longbridge Securities: Asia-focused online broker offering HK, US and China Connect trading with fractional shares and digital onboarding. Smaller and younger than Tiger Brokers HK, but competes for the same cross-border Chinese-speaking retail investor base.

Broad incumbents

• Charles Schwab: Large US-listed incumbent broker with full-service trading, wealth management and a broad retail platform. Relevant comparator for Tiger Brokers HK on retail brokerage scale, multi-asset capability and brand trust, though Schwab's strength is US-domestic rather than APAC retail.
• E*TRADE (Morgan Stanley): Established US retail broker owned by Morgan Stanley, offering stocks, options, ETFs, mutual funds and banking products. A comparable incumbent on commission pricing, platform functionality and retail self-directed investing, with broader US distribution but no HK retail focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 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