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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Total revenues $ 138,496,690 $ 58,662,900 $ 33,560,265
Interest expense (10,102,290) (4,101,528)  
Total Net Revenues 128,394,400 54,561,372 33,560,265
Operating cost and expenses:      
Execution and clearing (12,645,113) (2,519,238) (257,115)
Employee compensation and benefits (including share based compensation of US$34,204,761, US$4,062,600 and US$6,054,612 for the years ended December 31, 2018, 2019 and 2020, respectively) (50,039,073) (35,787,458) (55,656,219)
Occupancy, depreciation and amortization (4,735,881) (3,572,260) (2,621,699)
Communication and market data (10,320,505) (6,494,006) (3,558,546)
Marketing and branding (15,871,777) (7,103,178) (10,526,940)
General and administrative (13,748,818) (9,259,484) (7,831,860)
Total operating cost and expenses (107,361,167) (64,735,624) (80,452,379)
Other income:      
Others, net 996,559 869,028 725,446
Total income (loss) before income taxes 22,029,792 (9,305,224) (46,166,668)
Income tax benefit (expense) (2,850,547) 3,355,366 1,873,113
Net income (loss) 19,179,245 (5,949,858) (44,293,555)
Less:      
Net income attributable to redeemable non-controlling interests 3,114,452 639,573  
Net loss attributable to non-controlling interests 0   (1,085,823)
Net income (loss) attributable to ordinary shareholders of UP Fintech Holding Limited $ 16,064,793 $ (6,589,431) $ (43,207,732)
Net income (loss) per share attributable to ordinary shareholders of UP Fintech Holding Limited:      
Basic $ 0.01 $ 0.00 $ (0.09)
Diluted $ 0.01 $ 0.00 $ (0.09)
Weighted average shares used in calculating net income (loss) per ordinary shares      
Basic 2,117,904,025 1,751,784,176 506,393,198
Diluted 2,162,232,325 1,751,784,176 506,393,198
Other comprehensive income/(loss), net of tax:      
Unrealized gain on available-for-sale investments (net of tax effect of US$87,619, US$ nil and US$6,284 for the years ended December 31, 2018, 2019 and 2020, respectively) $ 41,149   $ 262,857
Change in cumulative foreign currency translation adjustment 3,752,464 $ (321,433) (935,612)
Total Comprehensive income (loss) 22,972,858 (6,271,291) (44,966,310)
Total Comprehensive income (loss) attributable to non-controlling interests 0   (1,085,823)
Total Comprehensive income (loss) attributable to redeemable non-controlling interests 3,114,452 639,573  
Total Comprehensive income (loss) attributable to ordinary shareholders of UP Fintech Holding Limited 19,858,406 (6,910,864) (43,880,487)
Commissions      
Revenues:      
Revenues 77,628,521 26,697,958 26,043,051
Financing service fees      
Revenues:      
Revenues 6,576,622 7,926,766 6,442,012
Interest income      
Revenues:      
Revenues 31,754,541 16,505,185 85,361
Other revenues      
Revenues:      
Revenues $ 22,537,006 $ 7,532,991 $ 989,841