WIKIFX REPORT: ActivTrades posts Revenues of £32M and Pretax Profit of £19M in 1H-2022
Abstract：London based Retail FX and CFDs broker ActivTrades saw a healthy increase in activity during the just-closed first half of 2022.
London based Retail FX and CFDs broker ActivTrades saw a healthy increase in activity during the just-closed first half of 2022.
The company has reported to FNG that it expects to report Revenues of £32 million (USD $39 million) for the first half of this year – more than for the full year 2021 of £30 million. Profit before tax is expected to be in the range of £19 million, again more than the £4 million figure the company earned for all of 2021.
ActivTrades said that it has also seen an influx of new clients as well as a noticeable increase in trading volumes from existing clients. Despite socio-economic turbulence, the year is shaping up to be very positive for the broker. Recently ActivTrades in-house trading platform ActivTrader has been enhanced with the highly requested Trading View integration, offering desktop, Android, and iOS users a number of advantageous chart functionalities and indicators, and to accommodate the growing increase in global retail FX trading.
ActivTrades added that it will continue to seek to establish offices around the world.
Alex Pusco, ActivTrades CEO said:
“We are delighted that the business continues to grow and develop, demonstrated by these excellent half year results which we attribute to our growing client base, increased trading volumes and continued development of our platforms. Our continuous investment in new technologies and top talent, providing our customers with the best possible trading conditions, is what makes ActivTrades the number one choice for many traders around the world.”
ActivTrades is headquartered in London and also operates with offices in Milan, Nassau, Sofia, and Luxembourg. The company and its subsidiaries are regulated by the UK‘s Financial Conduct Authority (FCA), Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), and Securities Commission of The Bahamas (SCB). ActivTrades is controlled by its longtime CEO, Swiss national and Monaco resident Alex Pusco.
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