UP Fintech Holding, Tiger Brokers’ parent company, posted a strong second-quarter recovery with revenue hitting $182.3 million in Q2 2026, up 31.4% year-on-year and 17.7% quarter-on-quarter. Non-GAAP net income reached $42.8 million, bouncing back sharply from the first quarter’s $26.9 million loss triggered by nearly $60 million in Chinese regulatory fines for unlicensed cross-border brokerage operations.
The broker’s momentum accelerated across key Asian markets. Client assets climbed to $60.7 billion with net inflows exceeding $1.5 billion as the platform added 32,600 funded accounts, bringing total clients to 1.3 million. Singapore saw explosive growth with trading volumes surging 92% year-on-year, while Hong Kong active accounts jumped 132%. US options trading volume in Hong Kong spiked 231%, and crypto assets under custody rose nearly 85%. Hong Kong IPO subscriptions through Tiger reached $124 billion, up 577% annually.
FXnCO Insight
Tiger Brokers’ dramatic regional expansion and product diversification demonstrate resilience post-regulatory setback, signaling sustained competitive pressure for incumbent retail brokers across Asia-Pacific markets.
Source: Finance Magnates