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Tiger Brokers (Singapore) sees average first-timer deposits increase to $5,000 since Oct

Felicia Tan
Felicia Tan12/3/2021 5:58 PM GMT+08  • 2 min read
Tiger Brokers (Singapore) sees average first-timer deposits increase to $5,000 since Oct
This is compared to its initial deposit of $4,000 logged in the 2QFY2021 and 3QFY2021 ended June and September respectively.
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Tiger Brokers (Singapore), an online brokerage backed by consumer electronics and smart manufacturing company Xiaomi, has announced that its average first-timer deposits from users in Singapore have increased to around $5,000 or above since October.

This is compared to its initial deposit of $4,000 logged in the 2QFY2021 and 3QFY2021 ended June and September respectively.

It adds that it has surpassed its 350,000 guidance for new funded accounts at 353,300 newly-funded accounts in the 3QFY2021.

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