Tiger Brokers (NASDAQ: TIGR) has rolled out an upgraded version of its AI investment assistant, TigerGPT, now powered by the DeepSeek-R1 AI model. This move makes Tiger Brokers the first global brokerage to integrate DeepSeek-R1, aiming to refine market analysis and investment insights.
Up Fintech, the parent company of Tiger Brokers, is based in China, making this collaboration with DeepSeek—a firm backed by High-Flyer—a logical next step in the brokerage’s AI evolution.
How DeepSeek AI Enhances TigerGPT
With DeepSeek-R1, TigerGPT now delivers more advanced data analysis, stronger reasoning abilities, and sharper investment insights. The AI model enhances market evaluations, stock trend predictions, and investment forecasting, giving users more precise tools for decision-making.
Tiger Brokers has been developing AI-driven financial solutions since April 2023, when it first launched TigerGPT. Despite its name referencing OpenAI’s ChatGPT, the company has kept its own branding while upgrading to DeepSeek for deeper analysis.
“Tiger Brokers has always focused on making global investing easier through innovation,” said CEO Tianhua Wu. “With DeepSeek’s integration, TigerGPT now provides sharper market insights, helping investors make better decisions in complex financial markets.”
What’s New in the AI-Enhanced TigerGPT?
The latest TigerGPT can now process large volumes of financial data, including market trends, technical indicators, and sentiment analysis. With access to Tiger Brokers’ proprietary financial database, the AI assistant has handled over 1.17 million interactions, averaging 18,000 conversations per week since its launch.
A 2023 internal report from Tiger Brokers showed that 81% of users found AI-generated insights helpful in their investment decisions. With DeepSeek now integrated, the company expects even better accuracy in market analysis.
“By integrating our financial data, the enhanced TigerGPT offers deeper insights, helping both new and experienced investors identify market opportunities more effectively,” Wu added.
The upgraded AI assistant is rolling out first in Mainland China and Singapore at no extra cost. Tiger Brokers has also hinted at future AI-driven features, including personalized investment recommendations and expanded analytical tools.
However, the company reminds users that TigerGPT’s insights should be used for reference only and not as direct financial advice.
Tiger Brokers’ Growth and Crypto Expansion
Tiger Brokers has reported record trading activity and financial performance in Q3 2024. According to its earnings report, trading volumes hit an all-time high, with net asset inflows jumping 134% year-over-year. The integration of Cash Boost with Central Depository (CDP) accounts also drove a 43% increase in trading orders compared to the previous quarter.
Up Fintech, Tiger Brokers’ parent company, saw its revenue rise by 44.1% year-over-year, with a 15.6% increase from the previous quarter. Non-GAAP net income hit $20.1 million, a 286.5% jump from Q2 and a 25.6% increase from last year.
In a major development, Tiger Brokers secured regulatory approval in Hong Kong in June 2024 to offer crypto trading services to retail investors. This means individual traders can now buy and sell Bitcoin and Ethereum through its Tiger Trade platform—a service previously limited to professional investors.
With AI-driven improvements and a growing presence in digital assets, Tiger Brokers is solidifying its place as a leading force in financial technology.
