ActivTrades Reports Record 2022 Annual Results - batespretrusiona47

ActivTrades Reports Record 2020 Annual Results

ActivTrades has published its 2020 annual financial results with revenues of £46.5 million, over double the £20.6 million reported in 2019. The broker announced its best results since its 2001 origination with a soar upwards in newfangled trading accounts and interest across its cast of products.

ActivTrades 2020 Financial Results

The FCA-regulated factor reported pre-assess lucre of £21.8 million for the yr ending December 31, 2020. Revenues more than doubled over the year to £46.5 million, following a significant uptake in demand for leveraged forex and CFD products. COVID-19 nonvoluntary excitableness also helped pad results, with £30.9 one thousand thousand of the broker's revenue generated in the first half of the year and a probatory portion during March and April. ActivTrades proverb a impale in new clients with a nine percent growth in sporty traders crosswise the year.

ActivTrades suffered a poor year in 2019 following the introduction of ESMA restrictions on crypto trading. The broker rumored revenues of £20.6 1000000 and a deprivation of £7.1 million in 2019.

ActivTrades is enthralled with its 2020 results and CEO, Alex Pusco, renowned "We are highly pleased with this strong set of results and grateful to our growing number of clients for choosing us as their trusty securities firm. Providing excellent customer service and developing state-of-the-prowess technology are at the core of our business enterprise. We will keep innovating to ensure we bring home the bacon our customers a superior trading experience".

2020 was also the yr the broker expanded its European mien, opening a Luxembourg office to heighten its trading services afterward Brexit. Newfangled clients can surface a live account from near European countries, in addition to the UK.

About ActivTrades

ActivTrades offers forex and CFD trading in accession to spread betting products. Clients can hypothecate along the financial markets using the MetaTrader 4, MetaTrader 5, and ActivTrader platforms. A range of ETFs is also offered to clients arsenic well atomic number 3 leading cryptos like Bitcoin.

ActivTrades trading platform — ActivTrader platform

Traders benefit from fine spreads, as low as 0.5 pips happening major forex pairs and indices spell a $1 commission per root is charged when trading stocks. Leverage is capped at 1:30, in line with European trading regulations.

ActivTrades offers a comprehensive trading experience that will suit varied acquirement levels. Given the broker's range of products alongside a rush sought after for day trading services, it's maybe unsurprising ActivTrades has reported its best financial results up to now.