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Score
New Zealand
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.55
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
TIGER HOLDINGS GROUP CO LIMITED
Company Abbreviation
TIGER
Platform registered country and region
New Zealand
Company website
Company summary
Pyramid scheme complaint
Expose
The official website of TIGER HOLDINGS GROUP CO LIMITED, namely http://www.tigerfex.com/ , is currently experiencing functionality issues.
Aspect | Information |
Company Name | TIGER HOLDINGS GROUP CO LIMITED |
Registered Country/Area | New Zealand |
Founded year | 2015 |
Regulation | Unauthorized by NFA (US), Revoked by FSP |
Tradable assets | N/A |
Demo Account | N/A |
Customer Support | Email at info@tigerfex.com |
Tiger Holdings Group Co. Limited was an online brokerage firm. It was acquired by UP Fintech Holding Limited, a leading online brokerage firm focusing on global Chinese investors, on August 31, 2015. UP Fintech Holding Limited acquired Tiger Holdings Group Limited.:
The company's LEI code, which is a unique identifier for legal entities participating in financial transactions, is inactive. This suggests that the company is no longer actively operating.
Regulatory Status
TIGER is subject to regulation in both the United States and New Zealand. In the United States, it operates under a Common Financial Service License, with License No. 0506686, but its current status is listed as Unauthorized by the National Futures Association.
Meanwhile, in New Zealand, its license under the Financial Service Corporate category with License No. 443886 has been revoked. This suggests that TIGER's operations are currently facing regulatory challenges in both jurisdictions.
Pros & Cons
Pros | Cons |
Potential access to multiple markets | Revoked license in New Zealand |
Unauthorized status by NFA in the US | |
Limited information available | |
The company is no longer actively operating |
Pros:
Potential access to multiple markets: This could be a positive aspect, but it depends on your needs and whether the company is actually authorized to operate in your target markets.
Cons:
Revoked license in New Zealand: This is a significant concern. A revoked license indicates that the company was not compliant with regulations and is no longer allowed to do business in that jurisdiction.
Unauthorized status by NFA in the US: The National Futures Association (NFA) is the main regulatory body for futures trading in the United States. An unauthorized status means the company cannot legally offer its services in the US.
Limited information available: This is a red flag. It's important to be able to research a company thoroughly before investing.
The company is no longer actively operating: This is the most critical point. Since the company is not functioning, any investment opportunity referencing it would likely be fraudulent.
Warning
Tiger Holdings Group Co. Limited is no longer a functioning company. It was acquired by UP Fintech Holding Limited in August 2015. If you come across any information referencing Tiger Holdings Group Co. Limited as an active investment opportunity, be cautious. It's important to deal with reputable and regulated financial institutions. Consider researching UP Fintech Holding Limited if you're interested in the services they currently offer.
Customer Service
The customer support of TIGER HOLDINGS GROUP CO LIMITED appears to be primarily offered through email communication. Customers can reach out to the company by sending an email to info@tigerfex.com.
In conclusion, TIGER HOLDINGS GROUP CO LIMITED presents both advantages and disadvantages for potential investors. On the positive side, it previously offered access to multiple markets and diverse trading assets. However, the company's regulatory challenges, including unauthorized status by the National Futures Association in the US and a revoked license in New Zealand, raise significant concerns about its credibility and compliance with financial regulations. Moreover, the fact that TIGER HOLDINGS GROUP CO LIMIT is no longer actively operating.
Q: What services did TIGER provide?
A: TIGER offered online brokerage services, facilitating trading activities for its clients across various financial markets and instruments.
Q: Can I still invest in TIGER?
A: No, TIGER HOLDINGS GROUP CO LIMITED is no longer a functioning company. It's essential to exercise caution and deal with reputable and regulated financial institutions for investment purposes.
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