Tiger Brokers (UP Fintech, TIGR.US) issued an official notice on June 2, announcing that effective from June 12, 2026 (Beijing time), it will make two adjustments to its services for existing investors’ accounts in Mainland China: for domestic trading, it will suspend the opening of new positions and adding to existing positions for all products including stocks, with accounts only supporting selling and closing positions; for fund transfers, it will suspend the transfer of funds into Mainland China, while the transfer-out function will remain normal. Tiger Brokers stated that these adjustments will not affect the services provided to existing investors overseas, nor will they affect the security of all clients’ existing assets — positions can be viewed, held, and sold as normal.
Tiger Brokers characterized this adjustment as “implementing industry regulatory requirements during the 2-year centralized rectification period.” In terms of recent context, the China Securities Regulatory Commission (CSRC) jointly issued a notice with eight other ministries and commissions in late May, further clarifying regulatory requirements for cross-border securities and futures business for domestic investors. Since 2023, Tiger Brokers has fully stopped opening new accounts for users in Mainland China and ceased related marketing. As of the end of the first quarter of 2026, mainland Chinese client assets accounted for approximately 10% of its total global assets. In the first quarter, Tiger Brokers achieved revenue of $155 million, up 26.3% year-on-year, with total client assets reaching $58.9 billion.