Turning 10: A Look Back at the Origin Story of Brokers, Plus How IPOs, Equities, and Self-Directed Investing are Tracking

Tiger Brokers globally has reached its 10 years in business milestone, how is the business tracking in New Zealand?

We now have about 2.3 million account holders globally, with client assets at an all-time high of US$38.2 billion at the end of Q2 2024. The company’s trading volume has also increased by 62.5% YoY to US$105.9 billion. In New Zealand we have Tiger Fintech (NZ) Ltd, which started to bring in Kiwi clients in April 2022 and is tracking extremely well as we share our platform advantages such as free in-depth quotes for US stocks, extended trading hours, and a rich options trading experience.

In New Zealand, our Q2 2024 total deposits were up 124% YoY, average first-time deposits up 188% YoY and the number of new trading accounts opened increased by 133% YoY.