Over half of monthly trading clients hail from Singapore, making it the most active region, surpassing Hong Kong, the US, Australia and New Zealand. Tiger Brokers has seen a compound annual growth rate of 539% in local account openings since entering the Singapore market, with one-third of Singaporean residents having used Tiger Trade. Tiger Brokers was the first among local fintech brokers to reach a milestone of one million users.
The top 10 most-traded Nasdaq/NYSE stocks in Singapore consist of six of the “Magnificent Seven” stocks, with Tesla emerging as the most popular, followed by Apple, Nvidia, Google, Microsoft and Amazon. Nio Inc and Alibaba are also popular stocks among Singaporean traders, as are Palantir Technologies and AMD.
According to Tiger Brokers, the company now has 10 million users globally. Since setting up its HQ in Singapore in 2020, Singaporeans traders now represent the largest share of the group’s total funded clients.
