Tiger Brokers (Hong Kong) has embarked on a groundbreaking journey by introducing its virtual asset trading services, marking a significant milestone as the first technology brokerage in Hong Kong to offer a comprehensive platform supporting both traditional securities and virtual assets.
Through its flagship investment platform, Tiger Trade, professional investors in Hong Kong now have access to an extensive array of investment options, including the trading and management of 18 virtual assets such as Bitcoin (BTC) and Ethereum (ETH), in addition to stocks, options, futures, and U.S. Treasury bonds.
This integration of traditional and digital assets on a single platform eliminates the complexities associated with managing multiple accounts across various brokers and platforms, offering investors unparalleled convenience and flexibility in global asset allocation.
Zeng Qingfei, Chief Financial Officer of Tiger International, has articulated the company’s pride in pioneering the provision of virtual asset trading services, underscoring Tiger Brokers’ commitment to meeting the evolving needs of investors. The expansion of Tiger Brokers’ product portfolio reflects a strategic endeavor to empower investors with diversified investment opportunities, enabling them to navigate dynamic market conditions effectively.
Furthermore, Tiger Brokers aims to enhance the user experience by providing a unified trading platform that facilitates seamless management of different investment types. To complement its comprehensive offerings, Tiger Brokers has introduced competitive trading rates, with virtual asset trading commissions as low as 0.2% of the transaction value and waived custody fees. Moreover, the instantaneous settlement of virtual assets and 24/7 trading availability further enhance accessibility and flexibility for investors, aligning with Tiger Brokers’ commitment to providing optimal trading conditions.
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Presently, Tiger’s virtual asset trading services cater exclusively to professional investors in Hong Kong, ensuring compliance with regulatory requirements and safeguarding investor interests. Qualified users, including residents with investment portfolios exceeding NT$8 million or corporations with assets exceeding NT$40 million, can access these services upon completing the requisite investor study and agreements.
Looking ahead, Tiger Brokers envisions extending its virtual asset trading services to retail investors, subject to regulatory approval, thereby democratizing access to digital asset markets. Additionally, the company is actively exploring the possibility of introducing virtual asset spot deposit and withdrawal services to further enhance its offerings. These strategic initiatives underscore Tiger Brokers’ steadfast commitment to innovation, inclusivity, and excellence in the realm of virtual asset trading.
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