Tiger Brokers: At the right place, at the right time

China

4 min read

Jun 05, 2018

By Li Yuan

©Tiger Brokers

China’s new middle-class elite is educated and tech-savvy – and they want to put their money in US stocks. A fintech app is cashing in on this

As China’s fast-growing middle class flock to diversify their investments beyond local real estate and equities, a Beijing-based startup is making it easy for them to buy US stocks without the typically hefty commissions.
Tiger Brokers, through its app Tiger Trade, enables users to open an account to trade in US stocks in as quickly as three minutes. The app and the relevant information are all in Chinese – a key attraction for Chinese-speaking retail investors who aren’t used to reading complex financial reports in English. Commission starts from $0.0039 per share,...

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Edited by Bernice Tang

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