Interactive Brokers reported net revenue of $790 million for the three months between July and September, which is a 70% year-on-year increase. The adjusted figure increased from $650 million to $ 847 million. The company’s total earnings were pulled down by interest income, which leaped 73% to $473 million. The primary reason for this was …
Interactive Brokers’ Revenue Leaps by 70% in Q3 2022 Read More »
The Trading 212 Group Limited, which operates under the Trading 212 brand, reported total revenue of £138.7 million for the 2021 financial year. It was a significant increase of 11.2% compared to the previous year. The pre-tax profits were £86 million, a jump of 473% from the previous financial year. After accounting for taxes and …
Trading 212 Posts 512% Profit Surge, German Entity Closes. Read More »
The FCA-regulated subsidiary of the LandFX group, LandFX UK Ltd, recently published its financials for fiscal 2021. Their report shows a profit of £13,546, which is quite the rebound from their loss of £8,720 in the prior year. The UK operations of the broker turned a profit for the first time in its history last …
LandFX UK Records Profit in 2021 despite Revenue Decline Read More »
Recently, Trading Point of Financial Instruments UK Limited published its financial results for 2021 and saw drastic losses compared to the previous year. The company reported a loss of £1.17 million during the mentioned period, compared to only £118,000 in 2020. The firm’s revenue was roughly £705,000 in 2021, slightly less than 56% of the …
Financial Commission terminated LordFX’s license for violating the membership agreement. Additionally, the broker has broken several other rules and guidelines. Therefore, LordFX clients are no longer qualified for compensation from the Financial Commission. The commission will no longer process new complaints from LordFX clients. The Financial Commission issued the following statement on its website. ‘As …
Plus500, one of the world’s leading multi-asset financial trading services companies, has released its first-half financial results for the six months ended 30 June 2022 (H1 2022). Plus500 saw a 48% increase in revenue throughout the mentioned period, amounting to $511.4 million. EBITDA increased by $305.3 million in the second half of 2021, compared …
Today, the Monex Group, a Japanese financial services firm, released its results for the first quarter of the fiscal year 2023. While revenues increased despite a challenging global environment, profitability took a significant dive during the current quarter. In the Q1 of the fiscal year 2023, revenues rose to JPY 17.698 billion, with solid growth …
LiteFinance, a retail forex and CFDs broker, has opened a new regional representative office in Singapore to boost its presence in Asia. The new office was announced on Tuesday and will assist the broker’s clients and partners in Singapore and provide professional training courses in trading and investing locally. Furthermore, the firm anticipates earning money …
LiteFinance Launches a Regional Office in Singapore Read More »
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