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Retail FX

UP Fintech's Q3 Revenue Soars 44% as Client Assets Double

The company experienced strong growth in client assets, with a 115% YoY jump.
Tiger Brokers achieved record trading volumes and commission income in Singapore.

Tuesday, 12/11/2024 | 15:43 GMT by Jared Kirui

Retail FX

UP Fintech Reports $87M Revenue and $106B Trading Volume in Q2

The firm achieved $5.2M in non-GAAP net income and reported a $7B net asset inflow.
Commission income was $34.1 million, while the total account balance grew to $38.2 billion.

Friday, 30/08/2024 | 09:16 GMT by Tareq Sikder

Retail FX

Tiger Brokers Obtains License to Expand Crypto Services to Retail Traders in Hong Kong

This approval allows users in the region to trade Bitcoin and Ethereum through Tiger Brokers' Tiger Trade.
The company is targeting a growing interest in cryptocurrencies among investors who hold a diverse portfolio, including stocks and virtual assets.

Tuesday, 18/06/2024 | 15:41 GMT by Jared Kirui

Retail FX

UP Fintech Reports 19% Revenue Surge in Q1, Net Income Doubles

The company added 28,800 new funded accounts, totalling 933,400.
Commissions rose by 9.2%, while interest income surged by 26.8%.

Wednesday, 05/06/2024 | 11:32 GMT by Tareq Sikder

FinTech

UP Fintech Attracts Record Net Asset Inflow, Doubles Total Account Balance in 2023

The company reports strong 2023 results driven by expansion and product innovation.
Revenues increased 10% on a quarterly and 21% on a yearly basis.

Wednesday, 20/03/2024 | 08:34 GMT by Damian Chmiel

Brokers

Tiger Brokers Partners with Grafa to Enhance Trading App

UP Fintech's trading brand integrates an AI newsfeed for enhanced trading insights.
It will give users access to data-driven news about the most popular assets.

Tuesday, 19/03/2024 | 09:14 GMT by Damian Chmiel

CryptoCurrency

Tiger Trade to Include Crypto Trading for Hong Kong Investors

UP Fintech gets a Hong Kong license to deal in crypto via the Tiger Trade platform.
The company will offer crypto trading for professional investors from the region.

Thursday, 25/01/2024 | 10:09 GMT by Damian Chmiel

Retail FX

News Nuggets | 29 November: Tiger Brokers Offers US Bonds; Nomura Retail Division Rebrands

Also, Eurex collaborates with TradingView; Cathedra Bitcoin reports Q3 2023 results.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.

Wednesday, 29/11/2023 | 11:00 GMT by Damian Chmiel

Retail FX

UP Fintech's Third Quarter Ends with 24,604 More Customers

The Tiger Brokers parent reported almost 300% higher net income than a year before.
Other critical financial metrics also experienced a significant rise year-over-year.

Monday, 27/11/2023 | 12:44 GMT by Damian Chmiel

Retail FX

News Nuggets | 11 October: Tiger Brokers Hires New CEO; FCA Censures LCF

Also, Consob ordered the blackout of 5 websites; OKX hired a new head of compliance.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.

Wednesday, 11/10/2023 | 09:58 GMT by Damian Chmiel

Retail FX

Tiger Brokers Goes Big with New Fund Management Venture in Singapore

Tiger Fund Management officially started its operations in the Asian market.
The firm has secured partnerships with Yuanta Securities, aiming to launch a money market fund.

Thursday, 14/09/2023 | 08:08 GMT by Damian Chmiel

Retail FX

Tiger Brokers Parent Hits $65.1B Trading Volume in Q2, Two-Year High in Profit

UP Fintech reports an increase of 23.5% YoY in Q2 2023 revenue, reaching $66.1 million.
The company's non-GAAP profit soars to $15.3 million, marking a two-year record high.

Tuesday, 29/08/2023 | 09:20 GMT by Damian Chmiel

Retail FX

Exclusive: 11,000 Traders Achieve 81% Accuracy with Tiger’s AI Assistant

Tiger Brokers started the user testing phase of TigerGPT in April.
Now, the AI-powered service is available to a broader base of customers.

Thursday, 03/08/2023 | 09:15 GMT by Damian Chmiel

Retail FX

News Nuggets | 26 July: Tiger Launches HK Stocks' Auto-Invest; Moneta Hires New Manager

Also, EDX Markets and Talos have integrated; ASIC initiated a civil action against the unlicensed entity.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.

Wednesday, 26/07/2023 | 09:29 GMT by Finance Magnates Staff

Retail FX

New Zealand’s FMA Orders Tiger Brokers to Pay $900k for AML/CFT Breaches

The Australian court has fined Tiger Brokers for breaching the AML and CFT law.
The case concerns violations between 2019 and 2020.

Thursday, 29/06/2023 | 07:38 GMT by Damian Chmiel

Retail FX

UP Fintech Q1 2023 Revenue Jumps 26% YoY to $66.3m

The results came in higher than in the strong period of Q4 2022.
The company recently released a financial AI based on ChatGPT.

Tuesday, 30/05/2023 | 09:50 GMT by Damian Chmiel

Retail FX

Tiger Brokers Launches Industry's First AI Investment Assistant, TigerGPT

The service is currently available in user testing.
It offers stock and market data, delivering analyses from many sources.

Wednesday, 12/04/2023 | 09:49 GMT by Damian Chmiel

Retail FX

UP Fintech Reports 2022 Revenue of $225M and Third Profitable Year in a Row

The company's CEO said Fed interest rate hikes boosted overall results.
The company closed a third profitable year in a row.

Wednesday, 29/03/2023 | 09:02 GMT by Damian Chmiel

Retail FX

Futu and UP Fintech (Tiger Brokers) Face Regulatory Action in China

Both platforms allow inventors from mainland China access to global stocks.
Earlier, the Chinese regulator said such online brokers are operating illegally.

Friday, 30/12/2022 | 11:32 GMT by Arnab Shome

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