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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 272,507,595 $ 225,365,547 $ 264,488,162
Interest expense (46,957,657) (18,668,523) (18,378,823)
Total net revenues 225,549,938 206,697,024 246,109,339
Operating cost and expenses:      
Execution and clearing (9,084,089) (15,607,914) (31,143,578)
Employee compensation and benefits (including share-based compensation of US$13,370,377, US$14,213,841 and US$10,147,362 for the years ended December 31, 2021, 2022 and 2023, respectively) (100,750,644) (101,749,440) (87,160,214)
Occupancy, depreciation and amortization (9,387,056) (9,013,467) (6,134,991)
Communication and market data (30,831,488) (27,138,244) (22,121,263)
Marketing and branding (20,859,834) (33,121,767) (59,264,634)
General and administrative (21,791,263) (18,332,557) (22,705,839)
Total operating cost and expenses (192,704,374) (204,963,389) (228,530,519)
Other income (expenses):      
Fair value change from convertible bonds     4,194,848
Others, net 13,148,173 298,150 (2,719,196)
Income before income taxes 45,993,737 2,031,785 19,054,472
Income tax expense (12,986,310) (4,288,665) (4,363,771)
Net income (loss) 33,007,427 (2,256,880) 14,690,701
Less:      
Net loss attributable to non-controlling interests (98,285) (129,215)  
Accretion of Redeemable Non-controlling Interests to Redemption Value (542,187) (58,776)  
Net income (loss) attributable to ordinary shareholders of UP Fintech $ 32,563,525 $ (2,186,441) $ 14,690,701
Net income (loss) per share attributable to ordinary shareholders of UP Fintech:      
Basic $ 0.01 $ 0 $ 0.01
Diluted $ 0.01 $ 0 $ 0.01
Weighted average shares used in calculating net income (loss) per ordinary share:      
Basic 2,325,338,439 2,295,154,791 2,205,186,257
Diluted 2,427,268,831 2,295,154,791 2,335,717,204
Other comprehensive income (loss), net of tax:      
Unrealized gain (loss) on available-for-sale securities (net of tax effect of nil, US$88,563 and nil for the years ended December 31, 2021, 2022 and 2023, respectively) $ (450,325) $ (768,590) $ 1,899,605
Change in cumulative foreign currency translation adjustment (545,498) (8,130,208) 1,839,022
Total Comprehensive income (loss) 32,011,604 (11,155,678) 18,429,328
Total Comprehensive loss attributable to non-controlling interests (92,526) (130,783)  
Accretion of redeemable non-controlling interests to redemption value (542,187) (58,776)  
Total Comprehensive income (loss) attributable to ordinary shareholders of UP Fintech 31,561,943 (11,083,671) 18,429,328
Commissions      
Revenues:      
Revenues 92,593,458 108,118,464 147,198,648
Financing service fees      
Revenues:      
Revenues 12,178,838 7,903,057 9,268,819
Interest income      
Revenues:      
Revenues 149,291,006 85,150,424 70,335,156
Other revenues      
Revenues:      
Revenues $ 18,444,293 $ 24,193,602 $ 37,685,539