XML 43 R30.htm IDEA: XBRL DOCUMENT
v3.25.1

REGULATORY REQUIREMENT | 12 Months Ended
--- | ---
Dec. 31, 2024
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract] |
REGULATORY REQUIREMENT | 20. REGULATORY REQUIREMENT The Company’s broker-dealer subsidiaries, TradeUP Securities, US Tiger Securities, Tiger Brokers SG, Tiger Brokers HK, and TBAU are subject to capital requirements determined by its respective regulators. TradeUP Securities and US Tiger Securities, the Company’s USA subsidiaries, are subject to the Uniform Net Capital Rule (Rule 15c3-1) under the Exchange Act in the USA, which requires the maintenance of minimum net capital. Tiger Brokers SG, the Company’s Singapore subsidiary, is subject to the Securities and Futures Regulations 2018 (Amendment) under Chapter 289 of Securities and Futures Act in Singapore, which requires the maintenance of minimum net capital. Tiger Brokers HK, the Company’s Hong Kong subsidiary, is subject to Securities and Futures (Financial Resources) Rules and the Securities and Futures Ordinance, Tiger Brokers HK is required to maintain minimum paid-up share capital and liquid capital. TBAU, the Company’s Australia subsidiary, is subject to s912A(1)(d) of the Corporations Act 2001 in Australia, which requires the maintenance of minimum net capital. As of December 31, 2023 and 2024, all of the Company’s broker-dealer subsidiaries met applicable minimum net capital requirements. The tables below summaries the net capital, the capital requirement and the excess net capital for the Company’s broker-dealer subsidiaries as of December 31, 2023 and 2024:
|  | Net Capital |  |  | Requirement |  |  | Excess Net Capital |
December 31, 2024 |  | US$ |  |  | US$ |  |  | US$ |
TradeUP Securities |  |  | 204,825,441 |  |  |  | 22,789,455 |  |  |  | 182,035,986 |
Tiger Brokers SG |  |  | 205,992,868 |  |  |  | 15,895,481 |  |  |  | 190,097,387 |
Tiger Brokers HK |  |  | 58,838,395 |  |  |  | 11,686,213 |  |  |  | 47,152,182 |
US Tiger Securities |  |  | 10,731,914 |  |  |  | 250,000 |  |  |  | 10,481,914 |
TBAU |  |  | 4,227,660 |  |  |  | 256,115 |  |  |  | 3,971,545 |
Total |  |  | 484,616,278 |  |  |  | 50,877,264 |  |  |  | 433,739,014 |
|  | Net Capital |  |  | Requirement |  |  | Excess Net Capital |
December 31, 2023 |  | US$ |  |  | US$ |  |  | US$ |
TradeUP Securities |  |  | 158,727,445 |  |  |  | 11,128,558 |  |  |  | 147,598,887 |
Tiger Brokers SG |  |  | 146,700,328 |  |  |  | 32,048,750 |  |  |  | 114,651,578 |
Tiger Brokers HK |  |  | 21,565,377 |  |  |  | 3,878,298 |  |  |  | 17,687,079 |
US Tiger Securities |  |  | 5,951,945 |  |  |  | 250,000 |  |  |  | 5,701,945 |
TBAU |  |  | 2,165,288 |  |  |  | 174,997 |  |  |  | 1,990,291 |
Total |  |  | 335,110,383 |  |  |  | 47,480,603 |  |  |  | 287,629,780 |

X
- References No definition available. + Details
Name: | srt_RegulatoryCapitalRequirementsAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1D Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1A Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1F + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration