Trading Volume Surge Pushes Tiger Brokers’ Q1 Income to Record High

Up Fintech (Nasdaq: TIGR), the operator of the Tiger Brokers brand, ended the first quarter of 2025 with total revenue of US$122.6 million and net income of US$36 million. While revenue increased by 55.3 per cent year-over-year, net income reached a record high after a 145 per cent yearly rise.

A sharp rise in trading activity helped boost the broker’s financials. Trading volume between January and March surged 154.6 per cent year-over-year to US$217.5 billion.

A similar trend was seen in the Q1 performance of Futu, one of Tiger Brokers’ key competitors.

Strong Growth in New Clients

The number of new accounts on the platform increased by 49.8 per cent to 77,000. This brought Tiger Brokers’ global account total to 2.53 million. The platform also added US$3.4 billion in net deposits during the quarter, pushing total client assets to US$45.9 billion, up 39.5 per cent year-over-year.

“Tiger has gained recognition from more HNW clients across markets,” said UP Fintech’s founder and CEO, Wu Tianhua. “Total client assets in Greater China grew over 20 per cent quarter-over-quarter, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows.”

Demand Remains High Across Regions

Tiger Brokers is known for providing retail traders in mainland China with access to US and international markets. It is also expanding rapidly in other Asia-Pacific countries.

According to the latest update, the trading volume of clients based in Singapore rose by 81.5 per cent, while the number of executed orders increased by 65.8 per cent. Trading volumes for US and Singapore-listed stocks grew by 71.3 per cent and 61.2 per cent, respectively. US options trading volume soared 127.7 per cent.

Hong Kong options trading volume also jumped tenfold compared to the previous quarter. Meanwhile, Tiger Brokers is gaining traction in the Southern Hemisphere. The number of funded clients in Australia rose by 37 per cent, while deposits increased by 71 per cent. The platform also reported strong figures in New Zealand.

Beyond Asia Pacific, the broker is growing its presence in the US as well. Trading volume from US-based clients rose 131 per cent quarter-over-quarter, while the number of new funded accounts increased by 28.4 per cent.

“To further enhance the trading experience for platform users, Tiger has continued to improve and expand its product features,” Tianhua added, highlighting the rollout of crypto deposits and withdrawals, along with tools built around artificial intelligence (AI).