Tiger Brokers sees strong retail demand in Q4 2020, new accounts up 108%
SINGAPORE, Jan 21, 2021 - (ACN Newswire) - Tiger Brokers (Singapore), the Xiaomi-backed online global stockbroker, has announced a fresh increase in new accounts for Q4 2020, up 108% from Q3 2020, with quarterly trading volume increasing 215%. Tiger Brokers reported an increase in Gen Z investors across the platform in FY2020, closing the year at more than 30% of the broker s Singapore customer base.
Four news partnerships, aimed at improving Tiger Brokers global trading experience, were announced: Iress, a financial technology provider; TradingView, a large, online trading community; Refinitiv, global market data and infrastructure provider; and DBS, Asia s leading financial group. These partnerships will further Tiger s customer access to best-in-class, up-to-date financial information allowing for well-informed, real-time investment decision making as well as allowing for instant cash transfers with the T
Singapore online brokerage Tiger Brokers sees strong retail investor growth in Q4 2020 with 108% increase in new user sign ups
Strengthens tech capabilities with partnerships and product launch to tap on growing fintech interest
SINGAPORE, Jan 20, 2021 - (ACN Newswire) - Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers https://www.tigerbrokers.com.sg/) today announced that they saw 108 per cent growth in the number of new investors in Q4 2020 as compared to Q3 2020, with trading volume increased by 215 per cent also on a quarter on quarter basis. Since February 2020, Tiger Brokers also saw the increase in Gen Z investors on the platform, which made up 30 per cent of Singapore s customer base.